CRGN » Topics » Operating Leases

These excerpts taken from the CRGN 10-K filed Jun 19, 2009.

Operating Leases

Total rent expense under all operating leases for 2008, 2007 and 2006 was approximately $744, $1,350 and $1,281, respectively. There are no future minimum rental payments as of December 31, 2008, as the Company is on a month-to-month payment schedule for its facility in Branford, Connecticut.

 

4. Major Collaborators and Geographical Information

The Company has entered into certain agreements with collaborators to provide products or services. There are no long-lived assets in countries other than the United States. Revenues from collaborators representing 10% or more of the Company’s total collaboration revenues are as follows:

 

     Year Ended December 31,  
     2008     2007     2006  
     $    %     $    %     $    %  

Company A

   $ 1,174    100   $ 88    100     *    *   

Company B

     —      —          —      —        $ 2,110    92

 

* less than 10%

Revenue by country, based on the location of each of the collaborators is as follows:

 

     Year Ended December 31,
     2008    2007    2006

United States

   $ —      $ —      $ 173

Europe

     1,174      88      2,125
                    

Total

   $ 1,174    $ 88    $ 2,298
                    

 

13


5. Stockholders’ Equity

Operating Leases

Total rent expense under all operating leases for 2008, 2007 and 2006 was approximately $744, $1,350 and $1,281, respectively. There are no future minimum rental payments as of December 31, 2008, as the Company is on a month-to-month payment schedule for its facility in Branford, Connecticut.

 

4. Major Collaborators and Geographical Information

The Company has entered into certain agreements with collaborators to provide products or services. There are no long-lived assets in countries other than the United States. Revenues from collaborators representing 10% or more of the Company’s total collaboration revenues are as follows:

 

     Year Ended December 31,  
     2008     2007     2006  
     $    %     $    %     $    %  

Company A

   $ 1,174    100   $ 88    100     *    *   

Company B

     —      —          —      —        $ 2,110    92

 

* less than 10%

Revenue by country, based on the location of each of the collaborators is as follows:

 

     Year Ended December 31,
     2008    2007    2006

United States

   $ —      $ —      $ 173

Europe

     1,174      88      2,125
                    

Total

   $ 1,174    $ 88    $ 2,298
                    

 

13


5. Stockholders’ Equity

Operating Leases

STYLE="margin-top:6px;margin-bottom:0px; text-indent:4%">Total rent expense under all operating leases for 2008, 2007 and 2006 was approximately $744, $1,350 and $1,281, respectively. There are no future minimum
rental payments as of December 31, 2008, as the Company is on a month-to-month payment schedule for its facility in Branford, Connecticut.

 





4.Major Collaborators and Geographical Information

SIZE="2">The Company has entered into certain agreements with collaborators to provide products or services. There are no long-lived assets in countries other than the United States. Revenues from collaborators representing 10% or more of the
Company’s total collaboration revenues are as follows:

 

































































































   Year Ended December 31, 
   2008  2007  2006 
   $  %  $  %  $  % 

Company A

  $1,174  100 $88  100  *  *  

Company B

   —    —      —    —     $2,110  92

 





*less than 10%

Revenue by country, based on the location
of each of the collaborators is as follows:

 


















































































   Year Ended December 31,
   2008  2007  2006

United States

  $—    $—    $173

Europe

   1,174   88   2,125
            

Total

  $1,174  $88  $2,298
            

 


13












5.Stockholders’ Equity

Operating Leases

STYLE="margin-top:6px;margin-bottom:0px; text-indent:4%">Total rent expense under all operating leases for 2008, 2007 and 2006 was approximately $744, $1,350 and $1,281, respectively. There are no future minimum
rental payments as of December 31, 2008, as the Company is on a month-to-month payment schedule for its facility in Branford, Connecticut.

 





4.Major Collaborators and Geographical Information

SIZE="2">The Company has entered into certain agreements with collaborators to provide products or services. There are no long-lived assets in countries other than the United States. Revenues from collaborators representing 10% or more of the
Company’s total collaboration revenues are as follows:

 

































































































   Year Ended December 31, 
   2008  2007  2006 
   $  %  $  %  $  % 

Company A

  $1,174  100 $88  100  *  *  

Company B

   —    —      —    —     $2,110  92

 





*less than 10%

Revenue by country, based on the location
of each of the collaborators is as follows:

 


















































































   Year Ended December 31,
   2008  2007  2006

United States

  $—    $—    $173

Europe

   1,174   88   2,125
            

Total

  $1,174  $88  $2,298
            

 


13












5.Stockholders’ Equity
These excerpts taken from the CRGN 10-K filed Mar 10, 2009.

Operating Leases

Total rent expense under all operating leases for 2008, 2007 and 2006 was approximately $744, $1,350 and $1,281, respectively. There are no future minimum rental payments as of December 31, 2008, as the Company is on a month-to-month payment schedule for its facility in Branford, Connecticut.

 

4. Major Collaborators and Geographical Information

The Company has entered into certain agreements with collaborators to provide products or services. There are no long-lived assets in countries other than the United States. Revenues from collaborators representing 10% or more of the Company’s total collaboration revenues are as follows:

 

     Year Ended December 31,  
     2008     2007     2006  
     $    %     $    %     $    %  

Company A

   $ 1,174    100 %   $ 88    100 %     *    *  

Company B

     —      —         —      —       $ 2,110    92 %

 

* less than 10%

Revenue by country, based on the location of each of the collaborators is as follows:

 

     Year Ended December 31,
     2008    2007    2006

United States

   $ —      $ —      $ 173

Europe

     1,174      88      2,125
                    

Total

   $ 1,174    $ 88    $ 2,298
                    

 

54


Table of Contents

CURAGEN CORPORATION AND SUBSIDIARY

NOTES TO CONSOLIDATED FINANCIAL STATEMENTS—(Continued)

 

5. Stockholders’ Equity

Operating Leases

Total rent expense under all operating leases for 2008, 2007 and 2006 was approximately $744, $1,350 and $1,281, respectively. There are no future minimum rental payments as of December 31, 2008, as the Company is on a month-to-month payment schedule for its facility in Branford, Connecticut.

 

4. Major Collaborators and Geographical Information

The Company has entered into certain agreements with collaborators to provide products or services. There are no long-lived assets in countries other than the United States. Revenues from collaborators representing 10% or more of the Company’s total collaboration revenues are as follows:

 

     Year Ended December 31,  
     2008     2007     2006  
     $    %     $    %     $    %  

Company A

   $ 1,174    100 %   $ 88    100 %     *    *  

Company B

     —      —         —      —       $ 2,110    92 %

 

* less than 10%

Revenue by country, based on the location of each of the collaborators is as follows:

 

     Year Ended December 31,
     2008    2007    2006

United States

   $ —      $ —      $ 173

Europe

     1,174      88      2,125
                    

Total

   $ 1,174    $ 88    $ 2,298
                    

 

54


Table of Contents

CURAGEN CORPORATION AND SUBSIDIARY

NOTES TO CONSOLIDATED FINANCIAL STATEMENTS—(Continued)

 

5. Stockholders’ Equity

Operating Leases

STYLE="margin-top:6px;margin-bottom:0px; text-indent:4%">Total rent expense under all operating leases for 2008, 2007 and 2006 was approximately $744, $1,350 and $1,281, respectively. There are no future minimum
rental payments as of December 31, 2008, as the Company is on a month-to-month payment schedule for its facility in Branford, Connecticut.

 





4.Major Collaborators and Geographical Information

SIZE="2">The Company has entered into certain agreements with collaborators to provide products or services. There are no long-lived assets in countries other than the United States. Revenues from collaborators representing 10% or more of the
Company’s total collaboration revenues are as follows:

 

































































































   Year Ended December 31, 
   2008  2007  2006 
   $  %  $  %  $  % 

Company A

  $1,174  100% $88  100%  *  * 

Company B

   —    —     —    —    $2,110  92%

 





*less than 10%

Revenue by country, based on the location
of each of the collaborators is as follows:

 


















































































   Year Ended December 31,
   2008  2007  2006

United States

  $—    $—    $173

Europe

   1,174   88   2,125
            

Total

  $1,174  $88  $2,298
            

 


54







Table of Contents



CURAGEN CORPORATION AND SUBSIDIARY

ALIGN="center">NOTES TO CONSOLIDATED FINANCIAL STATEMENTS—(Continued)

 






5.Stockholders’ Equity

Operating Leases

STYLE="margin-top:6px;margin-bottom:0px; text-indent:4%">Total rent expense under all operating leases for 2008, 2007 and 2006 was approximately $744, $1,350 and $1,281, respectively. There are no future minimum
rental payments as of December 31, 2008, as the Company is on a month-to-month payment schedule for its facility in Branford, Connecticut.

 





4.Major Collaborators and Geographical Information

SIZE="2">The Company has entered into certain agreements with collaborators to provide products or services. There are no long-lived assets in countries other than the United States. Revenues from collaborators representing 10% or more of the
Company’s total collaboration revenues are as follows:

 

































































































   Year Ended December 31, 
   2008  2007  2006 
   $  %  $  %  $  % 

Company A

  $1,174  100% $88  100%  *  * 

Company B

   —    —     —    —    $2,110  92%

 





*less than 10%

Revenue by country, based on the location
of each of the collaborators is as follows:

 


















































































   Year Ended December 31,
   2008  2007  2006

United States

  $—    $—    $173

Europe

   1,174   88   2,125
            

Total

  $1,174  $88  $2,298
            

 


54







Table of Contents



CURAGEN CORPORATION AND SUBSIDIARY

ALIGN="center">NOTES TO CONSOLIDATED FINANCIAL STATEMENTS—(Continued)

 






5.Stockholders’ Equity
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