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Insulet Reports First Quarter 2008 Results
Date:5/13/2008

Sales and marketing 8,565 3,104

Total operating expenses 16,685 8,234

Operating loss (20,012) (10,798)

Net interest income (expense) 138 (678)

Change in value of preferred stock

warrant liability - (84)

Net loss $ (19,874) $ (11,560)

Net loss per share basic and diluted $ (0.73) $ (23.86)

Weighted-average number of shares

used in calculating net loss per share 27,394,322 484,431

CONDENSED CONSOLIDATED BALANCE SHEET DATA:

As of As of

March 31, December 31,

2008 2007

(unaudited)

(In thousands)

Cash $ 73,035 $ 94,588

Total assets $ 116,467 $ 130,741

Deferred revenue $ 1,337 $ 1,350

Total stockholders' equity $ 73,639 $ 92,275


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SOURCE Insulet Corporation
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