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Stemline Therapeutics Reports Year-End 2012 Financial Results

 

Selected Financial Data (In Thousands, Except Share and Per Share Amounts)
   
  Year ended December 31,
  2011 2012
Operating expenses:    
Research and development $1,629 $3,377
General and administrative 1,088 3,091
Total operating expenses 2,717 6,468
Loss from operations (2,717) (6,468)
Other income 47 302
Other expense (10) --  
Interest expense (99) (119)
Interest income 24 10
Net income (loss) attributable to common stockholders $(2,755) $(6,275)
Net income (loss) attributable to common stockholders per common share:    
Basic $(.80) $(1.82)
Diluted $(.80) $(1.82)
Weighted‑average shares outstanding:    
Basic and diluted 3,441,995 3,441,995

 

 

  December 31,
  2011 2012
     
Balance sheet data:    
Cash and cash equivalents $5,830 $2,025
Total assets $6,453 $5,030
Long-term liabilities $1,665 $2,037
(Deficit)/earnings accumulated during development stage $(894) $(7,169)
Total stockholders' (deficit)/equity $3,205 $(2,508)
CONTACT: Mark Jacobson
         Director, Corporate Development
         Stemline Therapeutics, Inc.
         750 Lexington Avenue
         Sixth Floor
         New York, NY 10022
         Tel: 646-502-2307
         Email: mjacobson@stemline.com

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