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PharmAthene Reports Third Quarter 2013 Financial And Operational Results
Date:11/7/2013

Unbilled accounts receivable

1,613,3254,114,442Prepaid expenses and other current assets

209,514547,245Total current assets

17,766,23819,795,845Property and equipment, net

429,506483,976Other long-term assets and deferred costs

74,594113,130Goodwill

2,348,4532,348,453Total assets

$
20,618,791$
22,741,404LIABILITIES AND STOCKHOLDERS' EQUITYCurrent liabilities:Accounts payable

1,159,1791,697,280Accrued expenses and other liabilities

2,590,6052,328,877Deferred revenue

471,8161,381,755Current portion of long-term debt

999,996749,997Current portion of derivative instruments

191,643-Short-term debt

-1,330,507Total current liabilities

5,413,2397,488,416Other long-term liabilities

592,028579,427Long-term debt, less current portion

974,4131,704,108Derivative instruments, less current portion

2,285,5451,295,613Total liabilities

9,265,22511,067,564Stockholders' equity:Common stock, $0.0001 par value; 100,000,000 shares authorized; 52,297,580  and 48,352,651 shares issued and outstanding at September 30, 2013 and December 31, 2012, respectively

5,2304,835Additional paid-in-capital

217,471,662210,495,905Accumulated other comprehensive loss

(220,110)(217,328)Accumulated deficit

(205,903,216)(198,609,572)Total stockholders' equity

11,353,56611,673,840Total liabilities and stockholders' equity

$
20,618,791$
22,741,404 PHARMATHENE, INC.UNAUDITED CONDENSED CONSOLIDATED STATEMENTS OF OPERATIONSThree months ended September 30,Nine months ended September 30,2013201220132012Contract Revenue3,488,1426,696,12614,258,68019,162,176Operating expenses:Research and development2,556,3835,138,62211,192,40314,762,634General and administrative4,086,3483,275,4288,698,8739,004,008Depreciation 44,59372,453139,049234,811Total operating expenses6,687,3248,486,50320
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SOURCE PharmAthene, Inc.
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