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Optimer Reports Fourth Quarter and Fiscal Year 2012 Financial Results
Date:2/28/2013

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11,867,28714,011,07845,202,72243,085,307Selling, general and administrative

31,201,68229,991,411112,025,72480,574,336Co-promotion expenses with Cubist

3,750,0003,641,16123,190,6296,569,921Total operating expenses

49,835,63351,864,314192,368,253139,339,715Gain (loss) from operations

(30,319,957)12,752,042(90,836,824)5,638,658Gain on de-consolidation of OBI

--23,782,229-Gain on sale of OBI shares

31,500,606-31,500,606-Equity in net loss of OBI

--(1,849,254)-Interest income (loss) and other, net

(179,940)63,337136,269290,870Consolidated net gain (loss) 

1,000,70912,815,379(37,266,974)5,929,528Net loss attributable to non-controlling interest

-538,892280,3441,892,096Net gain (loss) attributable to Optimer Pharmaceuticals, Inc.

$
,000,709$
3,354,271$
(36,986,630)$
7,821,624Net gain (loss) per share - basic 

$
.02$
.29$
(0.78)$
.17Net gain (loss) per share - diluted

$
.02$
.28$
(0.78)$
.17Weighted average number of shares used to compute net  gain (loss) per share - basic

47,742,37246,668,31047,331,51045,622,168Weighted average number of shares used to compute net  gain (loss) per share - diluted

48,244,64647,527,76647,331,51046,369,683Optimer Pharmaceuticals, Inc.Condensed Consolidated Balance SheetsDecember 31,December 31,20122011(unaudited)ASSETSCurrent assets:Cash and cash equivalents

$
9,444,586$
31,787,512Short-term investments

4,556,32978,791,066Trade accounts receivable, net

7,119,0896,563,645Accounts receivable, other

2,391,07152,289,290Inventory

15,061,7713,947,380Prepaid expenses and other current assets

3,442,7173,781,830Total current assets

152,015,563177,160,723Property, equipment and other, net 

4,338,7202,590,715Long-term investments

820,000882,000Deferred tax assets, n
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SOURCE Optimer Pharmaceuticals, Inc.
Copyright©2012 PR Newswire.
All rights reserved

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