| Income Statement for Durect Corp. (DRRX) | | | | After Hours: $ 3.40 |  0.01 (+0.29%) | Volume: 700 | 4:15 PM EST Jan 8, 2009 | | | | | | | Income | in Thousands of Dollars | | | 12/2007 | 12/2006 | 12/2005 | 12/2004 | 12/2003 | | | Operating Revenue | 30,675 | 21,894 | 28,571 | 13,853 | 11,835 | | Adjustments to Revenue | - | - | - | - | - | | Cost of Revenue | (938) | (1,209) | (855) | 662 | 975 | | Gross Operating Profit | 29,737 | 20,685 | 27,716 | 14,515 | 12,810 | | | Selling/General/Admin Expense | (13,618) | (12,417) | (11,271) | (9,951) | (8,396) | | Research & Development | (38,342) | (37,241) | (28,904) | (24,233) | (20,948) | | EBITDA | (22,223) | (28,973) | (12,459) | (19,669) | (16,534) | | Depreciation & Amortization | (2,318) | (2,463) | (3,169) | (4,640) | (4,745) | | EBIT | (24,541) | (31,436) | (15,628) | (24,309) | (21,279) | | Interest Income | 3,545 | 3,832 | 2,270 | 1,236 | 1,041 | | Other Income, Net | - | (2,287) | (403) | - | - | | Total Income Avail For Interest Expense | (21,714) | (29,891) | (13,761) | (23,073) | (20,238) | | Interest Expense | (2,625) | (3,436) | (4,363) | (4,546) | (2,460) | | Pre-Tax Income | (24,339) | (33,327) | (18,124) | (27,619) | (22,698) | | Income Taxes | - | - | (4) | (18) | - | | Minority Interest | - | - | - | - | - | | Net Income from Continuing Operations | (24,339) | (33,327) | (18,128) | (27,637) | (22,698) | | Net Income from Discontinued Operations | - | - | - | - | - | | Net Income from Total Operations | (24,339) | (33,327) | (18,128) | (27,637) | (22,698) | | | Normalized Income | (23,621) | (33,327) | (18,128) | (27,637) | (22,698) | | Extraordinary Income | - | - | - | - | - | | Special Income/Charges | (718) | - | - | - | - | | Income from Cum. Effect of Acct Change | - | - | - | - | - | | Income from Tax Loss Carryforward | - | - | - | - | - | | Other Gains | - | - | - | - | - | | Total Net Income | (24,339) | (33,327) | (18,128) | (27,637) | (22,698) | | | Results | in Dollars (Preferred Dividends in Thousands) | | | 12/2007 | 12/2006 | 12/2005 | 12/2004 | 12/2003 | | | Dividends Paid Per Share | 0.00 | 0.00 | 0.00 | 0.00 | 0.00 | | Preferred Dividends | - | - | - | - | - | | | Basic EPS from Continuing Operations | -0.35 | -0.51 | -0.34 | -0.54 | -0.45 | | Basic EPS from Discontinued Operations | 0.00 | 0.00 | 0.00 | 0.00 | 0.00 | | Basic EPS from Total Operations | -0.35 | -0.51 | -0.34 | -0.54 | -0.45 | | | Diluted EPS from Continuing Operations | -0.35 | -0.51 | -0.34 | -0.54 | -0.45 | | Diluted EPS from Discontinued Operations | 0.00 | 0.00 | 0.00 | 0.00 | 0.00 | | Diluted EPS from Total Operations | -0.35 | -0.51 | -0.34 | -0.54 | -0.45 | | | |
