|[t]MBLX[/t] (<span style='font-size:11px'>LAST</span>: 11.56<span style='font-size:11px'> 12/3/2009 4:39:11 PM</span>) closed at $11.56 today, giving the company a market cap of approximately $301 million. The company is still in the development stage and does not yet have a commercial product. Its plant is still under construction. As of September 30, the company had approximately $70 million in cash and short-term investments. Revenues for the first nine months of 2009 were $29,000 and the company lost $28.2 million. The deferred revenue account stands at $36.9 million.|
Metabolix 10-Q for the period ending September 30, 2009
The company recently sold 3 million shares at $9 each.