8-K

================================================================================

                                  UNITED STATES
                       SECURITIES AND EXCHANGE COMMISSION
                             Washington, D.C. 20549

                                    FORM 8-K
                                 CURRENT REPORT

     Pursuant to Section 13 or 15 (d) of the Securities Exchange Act of 1934

                         Date of Report: August 8, 2003
                         ------------------------------
                        (Date of earliest event reported)

                             SPHERIX(R) INCORPORATED
- --------------------------------------------------------------------------------
             (Exact name of registrant as specified in its charter)

            Delaware                   0-5576                52-0849320
- ----------------------------      ----------------       -------------------
(State or other jurisdiction      (Commission file       (I.R.S. Employer
    of incorporation)                 number)            Identification No.)

12051 Indian Creek Court, Beltsville, Maryland                 20705
- --------------------------------------------------------------------------------
   (Address of Principal Executive Offices)                  (Zip Code)

       Registrant's Telephone Number, including area code: (301) 419-3900

                                 Not Applicable
- --------------------------------------------------------------------------------
          (Former name or former address, if changed since last report)

Item 12: RESULTS OF OPERATIONS AND FINANCIAL CONDITION

On August 8, 2003, the Registrant issued a press release regarding its financial
results for the second quarter ended June 30, 2003. A copy of the press release
is attached hereto as Exhibit 99.1.

The information provided in this Current Report on Form 8-K is being provided
pursuant to Item 12 of Form 8-K. In accordance with General Instruction B.6 of
Form 8-K, the information in this report shall not be deemed "filed" for
purposes of Section 18 of the Securities Exchange Act of 1934, nor shall it be
deemed incorporated by reference in any filing under the Securities Act of 1933
or the Securities Exchange Act of 1934, except as shall be expressly set forth
by specific reference in such a filing.




Further, pursuant to the Securities and Exchange Commission's Final Rule Release
No. 33-8216, the Registrant is including the foregoing Item 12 information under
Item 9 because Item 12 has not yet been added to the EDGAR system.

                                   Signatures

      Pursuant to the requirements of the Securities Exchange Act of 1934, the
Registrant has duly caused this report to be signed on its behalf by the
undersigned hereunto duly authorized.

         Spherix Incorporated

         By: /s/ Gilbert V. Levin
             ----------------------------------------
             Gilbert V. Levin
             Chair, CEO, President and Treasurer

         Date: August 8, 2003

                                  EXHIBIT INDEX

Exhibit Number           Description
- --------------           -----------

99.1                     Press Release dated August 8, 2003


                                       2

EX-99.1

                                                                    Exhibit 99.1

                    Spherix Reports Second Quarter Results@<

    BELTSVILLE, Md., Aug. 8 /PRNewswire-FirstCall/ -- Spherix Incorporated
(Nasdaq: SPEX), today reported a net loss of $453,000 ($0.04 per share) on
sales of $4.8 million and a net loss of $1.1 million ($0.10 per share) on
sales of $9.2 million for the three and six months ended June 30, 2003,
respectively.  Company revenues increased 14% from $4.2 million and 26% from
$7.3 million for the three- and six-month periods in comparison to those of
the prior year.

    The InfoSpherix Division's revenue increased $619,000 (15%) and $1,970,000
(27%) for the three and six months ended June 30, 2003, in comparison to the
same periods of the prior year, and the Division's operating profits increased
$176,000 and $877,000 for the same periods.  The increases between years
result from several new contracts, which began in the fourth quarter of 2002
and included a reservation contract, an information services contract and a
short-term commercial contract, which concluded at the end of the first
quarter of 2003.

    The BioSpherix Division's revenue decreased $42,000 (78%) and $40,000
(69%) for the three and six months ended June 30, 2003, in comparison to the
same periods of the prior year, and the Division's operating losses increased
$310,000 and $582,000 for the same periods.  The increased loss results
principally from costs associated with the ongoing arbitration with Arla Foods
amba of Denmark, as well as reduced FlyCracker sales, and an increase in the
commercialization efforts on Naturlose.

    The CFO of Spherix and Interim President of the InfoSpherix Division,
Richard C. Levin, stated, "We are pleased that our past sales efforts are
beginning to pay off and we will continue to emphasize these efforts
corporate-wide in the future."



                                Three Months Ended        Six Months Ended
                                     June 30,                 June 30,
                                 2003        2002        2003         2002

    Revenue                  $4,802,124  $4,226,509   $9,222,906   $7,292,677
    Operating expense         5,262,120   4,550,719   10,381,208    8,745,401
    Loss from operations      $(459,996)  $(324,210) $(1,158,302) $(1,452,724)

    Net loss                  $(453,075)  $(299,706) $(1,139,463) $(1,410,430)
    Net loss per share           $(0.04)     $(0.03)      $(0.10)      $(0.13)



    Certain statements contained herein are "forward looking" statements as
defined in the Private Securities Litigation Reform Act of 1995.  Because such
statements include risks and uncertainties, actual results may differ
materially from those expressed or implied.  Factors that could cause actual
results to differ materially from those expressed or implied include, but are
not limited to, those discussed in filings by the Company with the Securities
and Exchange Commission, including the filing on Form 8-K made on March 3,
1999.

    Under its motto, "A World of Solutions," Spherix's mission is to create
value and increase shareholder wealth through innovations that benefit our
clients and the human condition.  Spherix offers innovations in information
technology, knowledge management, and biotechnology.

    Spherix's Internet address is http://www.spherix.com.



SOURCE  Spherix Incorporated
    -0-                             08/08/2003
    /CONTACT:  Richard Levin of Spherix Incorporated, +1-301-419-3900, or
rlevin@spherix.com/
    /Web site:  http://www.spherix.com/
    (SPEX)

CO:  Spherix Incorporated
ST:  Maryland
IN:  BIO CPR MTC
SU:  ERN