Verenium Corporation

(NASDAQ:VRNM)

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Quarterly Data
Annual Data
Note: All numbers in thousands

	Sep 30, 2008	Jun 30, 2008	Mar 31, 2008	Dec 31, 2007
Operating revenue
Total Revenue	16,376	18,303	15,235	12,970
Operating Revenue	16,376	18,303	15,235	12,970
Adjustments To Revenue	—	—	—	—
Cost Of Sales	7,354	7,599	5,148	3,490
Cost Of Sales With Depreciation	9,569	9,576	7,877	5,926
Gross Operating Profit	9,022	10,704	10,087	9,480
Operating Expenses
Research And Development Expenses	15,267	14,920	14,861	16,480
Selling General And Administrative Expenses	13,720	9,065	9,624	9,861
Advertising Expenses	—	—	—	—
Operating Income Before Depreciation	-19,965	-13,281	-14,398	-16,861
Operating Income	-128,314	-15,258	-17,186	-20,720
Depreciation	2,215	1,977	2,729	2,436
Depreciation Unreconciled	—	—	—	—
Amortization	—	—	—	—
Amortization Of Intangibles	—	—	—	—
Operating Income After Depreciation	-22,180	-15,258	-17,127	-19,297
Non Operating Expenses
Interest Expense	9,500	3,405	1,993	4,656
Pre Tax Income	-133,242	-16,389	-23,342	-21,574
Income Taxes	—	—	—	—
Minority Interest	—	—	—	—
Income Before Income Taxes	—	—	—	—
Net Income From Continuing Operations	-133,242	-16,389	-23,342	-21,574
Net Income From Discontinued Operations	—	—	—	—
Net Income From Total Operations	-133,242	-16,389	-23,342	-21,574
Non Recurring Events
Extraordinary Income Losses	—	—	—	—
Income From Cummulated Effect Of Accounting Changes	—	—	—	—
Income From Tax Loss Carryforward	—	—	—	—
Other Gains And Losses	—	—	—	—
Total Net Income	-133,242	-16,389	-23,342	-21,574
Normalized Income	-27,108	-16,389	-23,283	-20,151
NetIncome Available For Common	-133,242	-16,389	-23,342	-21,574
Preferred Dividends	—	—	—	—
Excise Taxes	—	—	—	—

	Dec 31, 2007	Dec 31, 2006	Dec 31, 2005
Operating revenue
Total Revenue	46,273	49,198	54,303
Operating Revenue	46,273	49,198	54,303
Adjustments To Revenue	—	—	—
Cost Of Sales	10,940	3,896	-4,468
Cost Of Sales With Depreciation	19,815	12,914	10,662
Gross Operating Profit	35,333	45,302	58,771
Operating Expenses
Research And Development Expenses	57,727	50,033	72,276
Selling General And Administrative Expenses	30,585	14,800	59,210
Advertising Expenses	—	—	—
Operating Income Before Depreciation	-52,979	-19,531	-72,715
Operating Income	-105,735	-40,575	-90,447
Depreciation	8,875	9,018	17,732
Depreciation Unreconciled	—	—	—
Amortization	—	—	—
Amortization Of Intangibles	—	—	2,602
Operating Income After Depreciation	-61,854	-28,549	-90,447
Non Operating Expenses
Interest Expense	5,652	1,003	1,282
Pre Tax Income	-107,585	-39,271	-89,718
Income Taxes	—	—	—
Minority Interest	—	—	—
Income Before Income Taxes	—	—	—
Net Income From Continuing Operations	-107,585	-39,271	-89,718
Net Income From Discontinued Operations	—	—	—
Net Income From Total Operations	-107,585	-39,271	-89,718
Non Recurring Events
Extraordinary Income Losses	—	—	—
Income From Cummulated Effect Of Accounting Changes	—	—	—
Income From Tax Loss Carryforward	—	—	—
Other Gains And Losses	—	—	—
Total Net Income	-107,585	-39,271	-89,718
Normalized Income	-63,704	-27,245	-89,718
NetIncome Available For Common	-107,585	-39,271	-89,718
Preferred Dividends	—	—	—
Excise Taxes	—	—	—