| Income Statement for MacroChem Corp. (MACM) | | | | | | | Income | in Thousands of Dollars | | | 12/2007 | 12/2006 | 12/2005 | 12/2004 | 12/2003 | | | Operating Revenue | - | - | - | - | 1,010 | | Adjustments to Revenue | - | - | - | - | - | | Cost of Revenue | 65 | 87 | 175 | 173 | 186 | | Gross Operating Profit | 65 | 87 | 175 | 173 | 1,196 | | | Selling/General/Admin Expense | (3,715) | (3,713) | (2,988) | (4,158) | (3,804) | | Research & Development | (2,135) | (680) | (2,292) | (4,221) | (2,938) | | EBITDA | (5,785) | (4,306) | (5,105) | (8,207) | (5,546) | | Depreciation & Amortization | (65) | (87) | (175) | (173) | (186) | | EBIT | (5,850) | (4,393) | (5,280) | (8,379) | (5,732) | | Interest Income | 85 | 243 | 66 | 105 | 70 | | Other Income, Net | (3,100) | 6,101 | - | - | - | | Total Income Avail For Interest Expense | (8,866) | 1,951 | (5,760) | (8,275) | (5,662) | | Interest Expense | - | - | - | - | - | | Pre-Tax Income | (8,866) | 1,951 | (5,760) | (8,275) | (5,662) | | Income Taxes | - | - | - | - | - | | Minority Interest | - | - | - | - | - | | Net Income from Continuing Operations | (8,866) | 1,951 | (5,760) | (8,275) | (5,662) | | Net Income from Discontinued Operations | - | - | - | - | - | | Net Income from Total Operations | (8,866) | 1,951 | (5,760) | (8,275) | (5,662) | | | Normalized Income | (8,866) | 1,951 | (5,214) | (8,275) | (5,662) | | Extraordinary Income | - | - | - | - | - | | Special Income/Charges | - | - | (546) | - | - | | Income from Cum. Effect of Acct Change | - | - | - | - | - | | Income from Tax Loss Carryforward | - | - | - | - | - | | Other Gains | - | - | (330) | - | - | | Total Net Income | (8,866) | 1,951 | (6,091) | (8,275) | (5,662) | | | 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 | 596 | 764 | - | - | - | | | Basic EPS from Continuing Operations | -1.66 | 0.84 | -6.25 | -9.24 | -7.98 | | Basic EPS from Discontinued Operations | 0.00 | 0.00 | 0.00 | 0.00 | 0.00 | | Basic EPS from Total Operations | -1.66 | 0.84 | -6.25 | -9.24 | -7.98 | | | Diluted EPS from Continuing Operations | -1.66 | 0.24 | -6.25 | -9.24 | -7.98 | | Diluted EPS from Discontinued Operations | 0.00 | 0.00 | 0.00 | 0.00 | 0.00 | | Diluted EPS from Total Operations | -1.66 | 0.24 | -6.25 | -9.24 | -7.98 | | | |