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Metabolix Announces Third Quarter 2013 Financial Results
Date:11/5/2013

ts, including, without limitation, statements regarding expectations for establishing commercial PHA manufacturing; expected market demand for the Company's PHA products; expected future financial results and cash requirements; plans for obtaining additional funding; and expectations for future research and development and collaborations constitute forward-looking statements.  Such forward-looking statements are subject to a number of risks and uncertainties that could cause actual results to differ materially from those anticipated, including the risks and uncertainties detailed in Metabolix's filings with the Securities and Exchange Commission, including its 10-K for the year ended December 31, 2012 filed on March 28, 2013. Metabolix assumes no obligation to update any forward-looking information contained in this press release or with respect to the announcements described herein.

(FINANCIAL TABLES FOLLOW)

 METABOLIX, INC.CONDENSED CONSOLIDATED STATEMENT OF OPERATIONSUNAUDITED(in thousands, except share and per share data)Three Months EndedNine Months EndedSeptember 30,September 30,2013201220132012Revenue:Revenue from termination of ADM collaboration

$

-$

-$

-$

38,885Product revenue265701,876457Grant revenue5635761,8711,415Research and development revenue--618-License fee and royalty revenue 2728139162Total revenue8556744,50440,919Costs and expenses:Cost of product revenue4593162,212808Research and development expenses4,6434,93114,44615,982Selling, general, and administrative expenses2,9953,1709,72811,006Total costs and expenses8,0978,41726,38627,796Income (loss) from operations(7,242)(7,743)(21,882)13,123Other income (expense):Interest income, net102743102Other expense, net(19)(29)(40)(78)Total other income (expense), net(9)(2)324Net income (loss)

$

(7,251)$

(7,745)$

(21,879)$

13,147Net income (loss) per share:Basic

$

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SOURCE Metabolix
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