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MIGENIX Reports First Quarter Fiscal Year 2008 Financial Results
Date:9/11/2007

(124,717) (108,665)

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Deficit, end of period $(127,817) $(111,151)

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Basic and diluted loss per common share $ (0.03) $ (0.03)

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Weighted avg. number of common shares

outstanding (000's) 94,464 74,229

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STATEMENTS OF CASH FLOWS Three months ended

Unaudited - In Thousands of Canadian dollars July 31,

2007 2006

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Loss for the period $ (3,100) $ (2,486)

Items not affecting cash:

Amortization 137 226

Stock-based compensation 133 147

Accretion of convertible royalty

participation units 421 300

Changes in non-cash working capital items

relating to operating activities (13) (1,295)

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Cash used in operating activities $ (2,422) $ (3,108)

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Issuance of common shares, net of issue costs
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SOURCE MIGENIX Inc.
Copyright©2007 PR Newswire.
All rights reserved

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