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Pharmos Corporation Reports 2011 Fourth Quarter and Full Year Results
Date:2/17/2012

n and amortization

664

538

2,720

1,551Total operating expenses406,840

125,423

1,878,860

1,442,342Loss from operations(406,840)

(125,423)

(1,878,860)

(1,442,342)Other (expense) income Interest income

45

313

253

1,520Interest expense

(25,000)

(26,977)

(102,789)

(110,744)Other income (expense)

2,420

-

2,420

5,822Other expense, net(22,535)

(26,664)

(100,116)

(103,402)Net loss($ 429,375)

($ 152,087)

($ 1,978,976)

($ 1,545,744)Net income (loss) per share- basic and diluted

($0.01)

$0.00

($0.03)

($0.03)Weighted average shares outstanding- basic and diluted

59,392,314

58,798,196

59,195,445

58,529,204Select Consolidated Balance Sheet DataDecember 31, 2011

December 31, 2010Cash and short-term investments

$1,535,137

$3,139,347Working capital

$  296,654

$3,015,068Shareholder's equity

$  301,147

$2,020,681
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SOURCE Pharmos Corporation
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