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Biotech / Medical : CYPB - Cypress BioScience -- Ignore unavailable to you. Want to Upgrade?


To: muddphudd who wrote (233)5/20/1998 5:07:00 PM
From: Jay Lowe  Respond to of 586
 
Cypress Bioscience Inc. 1Q1998 Financial Data
Cypress Bioscience Inc.
Condensed Financial Data
(In thousands except per share data)
(unaudited)

Statements of Operations
Quarter Ended
March 31,
1998 1997
---- ----
Total revenues $ 549 $ 848
Operating expenses 2,583 2,981
Interest income, net 101 94
Net loss $ (1,933) $ (2,039)
Net loss per share $ (0.05) $ (0.06)
Weighted average number of shares outstanding
during the period 38,684 34,573
Balance Sheets
March 31, Dec. 31,
1998 1997
---- ----
Assets
Cash and investments $ 7,356 $ 8,516
Other current assets 1,211 1,256
Non-current assets 1,899 2,017
Total assets $10,466 $11,789
Liabilities and Stockholders' Equity
Current liabilities $ 1,922 $ 1,855
Long term liabilities 432 408
Stockholders' equity 8,112 9,526
Total liabilities and
stockholders' equity $10,466 $11,789