| Income Statement for Novavax Inc. (NVAX) | | | | After Hours: $ 1.83 |  0.02 (+1.10%) | Volume: 700 | 4:13 PM EST Dec 2, 2008 | | | | | | | Income | in Thousands of Dollars | | | 12/2007 | 12/2006 | 12/2005 | 12/2004 | 12/2003 | | | Operating Revenue | 1,513 | 4,683 | 7,388 | 8,260 | 11,785 | | Adjustments to Revenue | - | - | - | - | - | | Cost of Revenue | (1,227) | (3,758) | (2,316) | (437) | (871) | | Gross Operating Profit | 286 | 925 | 5,072 | 7,823 | 10,914 | | | Selling/General/Admin Expense | (13,963) | (11,288) | (16,658) | (33,027) | (15,724) | | Research & Development | (17,600) | (11,529) | (5,075) | (7,369) | (10,058) | | EBITDA | (31,277) | (21,892) | (16,661) | (32,573) | (14,868) | | Depreciation & Amortization | 1,006 | (2,715) | (3,475) | (3,053) | (1,186) | | EBIT | (30,271) | (24,607) | (20,136) | (35,626) | (16,054) | | Interest Income | 3,287 | 1,539 | - | - | - | | Other Income, Net | - | - | - | 70 | - | | Total Income Avail For Interest Expense | (26,984) | (23,068) | (9,171) | (24,394) | (16,054) | | Interest Expense | (1,606) | - | (2,003) | (1,526) | (1,219) | | Pre-Tax Income | (28,590) | (23,068) | (11,174) | (25,920) | (17,273) | | Income Taxes | - | - | - | - | - | | Minority Interest | - | - | - | - | - | | Net Income from Continuing Operations | (28,590) | (23,068) | (11,174) | (25,920) | (17,273) | | Net Income from Discontinued Operations | (6,175) | - | - | - | - | | Net Income from Total Operations | (34,765) | (23,068) | (11,174) | (25,920) | (17,273) | | | Normalized Income | (28,590) | (23,068) | (22,139) | (37,082) | (17,273) | | Extraordinary Income | - | - | - | - | - | | Special Income/Charges | - | - | 10,965 | 11,162 | - | | Income from Cum. Effect of Acct Change | - | - | - | - | - | | Income from Tax Loss Carryforward | - | - | - | - | - | | Other Gains | - | - | - | - | - | | Total Net Income | (34,765) | (23,068) | (11,174) | (25,920) | (17,273) | | | 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 | -0.39 | -0.03 | -0.70 | -0.58 | | Basic EPS from Discontinued Operations | -0.10 | 0.00 | 0.00 | 0.00 | 0.00 | | Basic EPS from Total Operations | -0.57 | -0.39 | -0.03 | -0.70 | -0.58 | | | Diluted EPS from Continuing Operations | -0.47 | -0.39 | -0.26 | -0.70 | -0.58 | | Diluted EPS from Discontinued Operations | -0.10 | 0.00 | 0.00 | 0.00 | 0.00 | | Diluted EPS from Total Operations | -0.57 | -0.39 | -0.26 | -0.70 | -0.58 | | | |
