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diaDexus, Inc. Reports 2012 First Quarter Financial Results
Date:5/8/2012

ract, retain and motivate qualified personnel; the effects of U.S. and foreign government regulations and diaDexus' ability to comply with such regulations; diaDexus' limited revenue and cash resources; and diaDexus' significant corporate expenses, including real estate lease liabilities and expenses associated with being a public company. Additional factors that could cause diaDexus' results to differ materially from those described in the forward-looking statements can be found in diaDexus' most recent annual report on Form 10-K and subsequent quarterly reports on Form 10-Q and other reports filed with the Securities and Exchange Commission, and available at the SEC's web site at www.sec.gov. The information set forth herein speaks only as of the date hereof, and diaDexus disclaims any intention and does not assume any obligation to update or revise any forward looking statement, whether as a result of new information, future events or otherwise.-- Tables to follow --

 

 

DIADEXUS, INC.CONDENSED STATEMENTS OF OPERATIONS(In thousands, except share data)

(unaudited)Three Months Ended

March 31,20122011Revenues:License revenue$

76$

76Royalty revenue1,0371,005Product sales3,8302,240Total revenues4,9433,321Operating costs and expenses:Product costs1,7191,132Sales and marketing1,1821,107Research and development1,2921,492General and administrative1,9762,114Total operating costs and expenses6,1695,845Loss from operations(1,226)(2,524)Interest income, interest expense and other income (expense), net:Interest income717Interest expense(101)—Other income (expense), net(3)—Loss before income tax(1,323)(2,507)Income tax provision(3)(3)Net loss$

(1,326)$

(2,510)Basic and diluted net loss per share:$

(0.02)$

(0.05)Weighted average shares used in computing basic and diluted net loss per share53,067,04553,067,057DIADEXUS,
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SOURCE diaDexus, Inc.
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