Myrexis, Inc. announced earnings results for the year ended June 30, 2012. For the period, the company reported operating loss of $31,801,000 compared to $40,450,000 a year ago. Net loss was $31,209,000 or $1.18 per basic and diluted share compared to $38,708,000 or $1.52 per basic and diluted share a year ago.

Net loss per basic and diluted share was $26,387,000 compared to $25,513,000 a year ago. The net cash used in operating activities was $27.8 million compared to $33.5 million for the same twelve month period ended June 30, 2011. The change in cash flow from operating activity can be attributed primarily to the higher net loss in fiscal 2011 offset, in part, by higher non-cash charges associated with share-based compensation recorded in fiscal 2011.