Published in Healthcare Finance, Tax and Law Weekly, January 30th, 2008
CEL-SCI reports a net operating loss for fiscal year 2007 of $9,352,209 versus a net operating loss of $5,349,196 in fiscal year 2006. The loss per share for fiscal year 2007 was unchanged at $(0.10) compared to fiscal year 2006.
The cash from operating activities used during the year was about $4,890,100. CEL-SCI's assets during the year grew from $9.6 million in fiscal year 2006 to $20.7 million in fiscal year 2007.
Geert Kersten, Chief Executive Officer said, "CEL-SCI had a very successful year in that it received FDA...
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