| Income Statement for Nanogen Inc. (NGEN) | | | | | | | Income | in Thousands of Dollars | | | 12/2007 | 12/2006 | 12/2005 | 12/2004 | 12/2003 | | | Operating Revenue | 38,183 | 26,852 | 12,544 | 5,374 | 6,713 | | Adjustments to Revenue | - | - | - | - | - | | Cost of Revenue | (20,160) | (9,704) | (1,216) | (964) | 1,493 | | Gross Operating Profit | 18,023 | 17,148 | 11,328 | 4,410 | 8,206 | | | Selling/General/Admin Expense | (38,181) | (33,385) | (23,578) | (18,232) | (15,114) | | Research & Development | (26,463) | (25,683) | (22,033) | (18,117) | (19,038) | | EBITDA | (46,621) | (41,920) | (34,283) | (31,939) | (25,946) | | Depreciation & Amortization | (7,126) | (6,573) | (4,873) | (4,678) | (4,669) | | EBIT | (53,747) | (48,493) | (39,156) | (36,617) | (30,615) | | Interest Income | 965 | 1,046 | 864 | 517 | 489 | | Other Income, Net | 23,781 | (82) | 965 | 1,025 | (2,082) | | Total Income Avail For Interest Expense | (29,001) | (47,529) | (96,494) | (38,907) | (32,413) | | Interest Expense | (4,944) | (1,292) | - | - | - | | Pre-Tax Income | (33,945) | (48,821) | (96,494) | (38,907) | (32,413) | | Income Taxes | - | (249) | - | - | - | | Minority Interest | - | - | - | - | 1,817 | | Net Income from Continuing Operations | (33,945) | (49,070) | (96,494) | (38,907) | (30,596) | | Net Income from Discontinued Operations | - | - | - | - | - | | Net Income from Total Operations | (33,945) | (49,070) | (96,494) | (38,907) | (30,596) | | | Normalized Income | (33,945) | (49,070) | (37,327) | (35,075) | (30,391) | | Extraordinary Income | - | - | - | - | - | | Special Income/Charges | - | - | (59,167) | (3,832) | (205) | | Income from Cum. Effect of Acct Change | - | - | - | - | - | | Income from Tax Loss Carryforward | - | - | - | - | - | | Other Gains | - | - | - | - | - | | Total Net Income | (33,945) | (49,070) | (96,494) | (38,907) | (30,596) | | | 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 | -0.47 | -0.78 | -1.95 | -1.21 | -1.38 | | Basic EPS from Discontinued Operations | 0.00 | 0.00 | 0.00 | 0.00 | 0.00 | | Basic EPS from Total Operations | -0.47 | -0.78 | -1.95 | -1.21 | -1.38 | | | Diluted EPS from Continuing Operations | -0.47 | -0.78 | -1.95 | -1.21 | -1.38 | | Diluted EPS from Discontinued Operations | 0.00 | 0.00 | 0.00 | 0.00 | 0.00 | | Diluted EPS from Total Operations | -0.47 | -0.78 | -1.95 | -1.21 | -1.38 | | | |