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Spherix Announces Second Quarter 2010 Financial Results
Date:8/17/2010

ue

65,93290,915Total current liabilities

2,114,1662,193,720Deferred compensation

540,000580,000Deferred rent

95,879109,712Total liabilities

2,750,0452,883,432Commitments and contingencies

--Stockholders' equityPreferred stock, $0.01 par value,  2,000,000 shares authorized;
none issued and outstanding

--Common stock, $0.005 par value, 50,000,000 shares authorized;
7,231,086 issued, and 17,150,648 shares outstanding
at June 30, 2010 and December 31, 2009

86,15586,155Paid-in capital in excess of par value

33,634,92733,599,510Treasury stock, 80,438 shares, at cost at June 30, 2010 andDecember 31, 2009

(464,786)(464,786)Accumulated deficit

(30,654,490)(25,949,003)Total stockholders' equity

2,601,8067,271,876Total liabilities and stockholders' equity

$
5,351,851$
,155,308
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SOURCE Spherix Incorporated
Copyright©2010 PR Newswire.
All rights reserved

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