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Optimer Reports Fourth Quarter and Fiscal Year 2011 Financial Results
Date:3/7/2012

ng interest

538,892316,7661,892,0961,199,161 Net income (loss) attributable to Optimer Pharmaceuticals, Inc. common stockholders

$   13,354,271$(11,946,002)$   7,821,624$(47,339,742)Net income (loss )per share attributable to common stockholders - basic

$
.29$
(0.31)$
.17$
(1.25)Net income (loss )per share attributable to common stockholders - diluted

$
.28$
(0.31)$
.17$
(1.25)Shares used to compute net income (loss) per share attributable to  common stockholders - basic

46,668,31039,140,21445,622,16837,830,452Shares used to compute net income (loss) per share attributable to  common stockholders - diluted

47,527,76639,140,21446,369,68337,830,452Optimer Pharmaceuticals, Inc.Consolidated Balance SheetsYear Ended December 31,20112010ASSETSCurrent assets:Cash and cash equivalents

$   31,787,512$  19,861,924Short-term investments

78,791,06629,553,506Trade accounts receivable, net

6,563,645-Accounts receivable, other

52,289,29053,552Inventory

3,947,380-Prepaid expenses and other current assets

3,781,830463,307Total current assets

177,160,72349,932,289Property and equipment, net

2,590,715697,683Long-term investments

882,000882,000Other assets

1,389,734508,190Total assets

$ 182,023,172$  52,020,162LIABILITIES  AND STOCKHOLDERS'  EQUITYCurrent liabilities:Accounts payable

$
9,860,462$
2,307,820Accrued expenses

21,447,5442,385,046Total current liabilities

$   31,308,006$
4,692,866Deferred rent

151,141141,138Stockholders’ equity

150,564,02547,186,158Total liabilities and stockholders’ equity

$ 182,023,172$  52,020,162
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SOURCE Optimer Pharmaceuticals, Inc.
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