Continuation (financial data)
EMISPHERE TECHNOLOGIES, INC.
EMISPHERE TECHNOLOGIES, INC.
Selected Financial Information (Unaudited)
For the three months and six months ended June 30, 2002 and 2001
(in thousands, except share and per share data)
Condensed Statement of Operations
For the three months For the six months
ended June 30, ended June 30,
2002 2001 2002 2001
Contract research
revenues $1,089 $1,358 $1,818 $2,917
Costs and expenses:
Research and
development 15,582 11,282 33,214 20,674
General and
administrative
expenses 2,795 2,475 5,998 4,401
Restructuring 5,735 -- 5,735 --
Depreciation and
amortization 1,536 910 2,952 1,665
25,648 14,667 47,899 26,740
Operating loss (24,559) (13,309) (46,081) (23,823)
Investment income and expense:
Investment income and
other income 706 2,685 1,907 5,862
Interest expense (1,077) (932) (2,157) (1,859)
(371) 1,753 (250) 4,003
Net loss $(24,930) $(11,556) $(46,331) $(19,820)
Net loss per share,
basic and diluted ... $(1.39) $(0.65) $(2.60) $(1.12)
Weighted average shares
outstanding, basic and
diluted 17,872,070 17,744,000 17,845,000 17,718,000
Condensed Balance Sheet
June 30, December 31,
2002 2001
Assets
Cash, cash equivalents, and investments $96,653 $139,278
Prepaid expenses and other
current assets 5,296 4,621
Equipment and leasehold improvements, net 30,542 31,089
Intangible assets, net 2,844 7,035
Other assets 360 60
Total Assets $135,695 $182,083
Liabilities and Stockholders' Equity
Current liabilities $10,781 $13,589
Notes payable 30,866 28,712
Deferred lease liability 2,038 2,140
Stockholders' equity 92,010 137,642
Total liabilities and stockholders'
equity $135,695 $182,083
SOURCE: Emisphere Technologies, Inc. |
