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Optimer Pharmaceuticals Reports Second Quarter 2012 Financial Results
Date:7/31/2012

5,083,166-Total operating expenses

49,429,24225,051,48398,385,33449,509,299Income (loss) from operations

328,330(25,018,189)(34,245,115)19,800,634Gain on deconsolidation of OBI

--23,782,229-Equity in net loss of OBI

(668,852)-(1,154,821)-Interest income and other, net

44,31895,860120,705119,102Consolidated net income (loss) 

$
(296,204)$  (24,922,329)$ (11,497,002)$  19,919,736Net loss attributable to noncontrolling interest

-683,483280,344974,288Net income (loss) attributable to Optimer Pharmaceuticals, Inc.

$
(296,204)$  (24,238,846)$ (11,216,658)$  20,894,024Net income (loss) per share - basic

$
(0.01)$
(0.52)$
(0.24)$
.47Net income (loss) per share - diluted

$
(0.01)$
(0.52)$
(0.24)$
.46Weighted average number of shares used to compute net  income (loss) per share - basic

47,234,37146,479,39546,978,49744,581,010Weighted average number of shares used to compute net  income (loss) per share - diluted

47,234,37146,479,39546,978,49745,447,261Comprehensive income (loss)

$
(177,625)$  (23,954,597)$ (10,084,685)$ 21,417,416 Optimer Pharmaceuticals, Inc.Condensed Consolidated Balance SheetsJune 30,December 31,20122011(unaudited)ASSETSCurrent assets:Cash and cash equivalents

$   99,703,307$   31,787,512Short-term investments

30,934,77478,791,066Trade accounts receivable, net

5,312,4326,563,645Accounts receivable, other

3,181,32052,289,290Inventory

7,962,1123,947,380Prepaid expenses and other current assets

2,326,1223,781,830Total current assets

149,420,067177,160,723Equity investment in OBI

29,013,792-Property and equipment, net 

3,693,6702,590,715Long-term investments

882,000882,000Other assets

1,411,0261,389,734Total assets

$ 184,420,555$ 182,023,172LIABILI
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SOURCE Optimer Pharmaceuticals, Inc.
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