Exhibit
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Number
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Description of Exhibit
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99.1
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Press release: Tikcro Technologies Reports Fourth Quarter and Year End 2015 Results, dated March 31, 2016.
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TIKCRO TECHNOLOGIES LTD.
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|||
Date: March 31, 2016
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By:
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/s/ Aviv Boim | |
Chief Executive Officer | |||
Exhibit
Number
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Description of Exhibit
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99.1
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Press release: Tikcro Technologies Reports Fourth Quarter and Year End 2015 Results, dated March 31, 2016.
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PRESS RELEASE
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|
For more information contact:
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Investor Relations
Garth Russell
KCSA Strategic Communications
(212) 896-1250
grussell@kcsa.com
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Tikcro Technologies Ltd.
Condensed Balance Sheets
(US dollars in thousands)
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December 31,
2015
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December 31,
2014
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|||||||
Unaudited
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Audited
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|||||||
Assets
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||||||||
Current assets
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||||||||
Cash and cash equivalents
|
$ | 8,560 | $ | 8,722 | ||||
Other receivables
|
123 | 25 | ||||||
Investment in BioCancell
|
50 | 85 | ||||||
Total current assets
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8,733 | 8,832 | ||||||
Property and equipment, net
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67 | 88 | ||||||
Total assets
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$ | 8,800 | $ | 8,920 | ||||
Liabilities and Shareholders' Equity
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||||||||
Current liabilities
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||||||||
Other current liabilities
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$ | 226 | $ | 184 | ||||
Shareholders' equity
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8,574 | 8,736 | ||||||
Total liabilities and shareholders' equity
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$ | 8,800 | $ | 8,920 |
Three Months Ended
December 31,
|
Year Ended
December 31
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|||||||||||||||
2015
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2014
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2015
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2014
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|||||||||||||
Research and development expenses
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$ | 25 | $ | 17 | $ | 247 | $ | 89 | ||||||||
General and administrative expenses, net
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179 | 101 | 609 | 348 | ||||||||||||
Total operating expenses
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204 | 118 | 856 | 437 | ||||||||||||
Operating loss
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(204 | ) | (118 | ) | (856 | ) | (437 | ) | ||||||||
Financial expenses, net
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(1 | ) | (171 | ) | (29 | ) | (240 | ) | ||||||||
Net loss
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$ | (205 | ) | $ | (289 | ) | $ | (885 | ) | $ | (677 | ) | ||||
Basic and diluted net loss per share
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$ | (0.02 | ) | $ | (0.03 | ) | $ | (0.10 | ) | $ | (0.08 | ) | ||||
Weighted average number of shares used computing basic and diluted loss per share
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8,848 | 8,837 | 8,840 | 8,832 |