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Quarterly Results of Operation
12 Months Ended
Dec. 31, 2013
Quarterly Financial Information Disclosure [Abstract]  
Quarterly Results of Operation
Quarterly Results of Operation (unaudited)
The following is a summary of the unaudited quarterly results of operations:
 
2013
(in thousands except per share data)
 
March 31,
2013
 
June 30,
2013
 
September 30,
2013
 
December 31,
2013
 
Total
Revenues
$
42

 
$
36

 
$
36

 
$
36

 
$
150

Costs and expenses
(4,604
)
 
(4,770
)
 
(4,495
)
 
(3,448
)
 
(17,317
)
Interest & other
 
 
 

 
 
 


 


Income (expense)
176

 
349

 
85

 
165

 
775

Other than temporary impairment loss on marketable securities

 

 
(800
)
 

 
(800
)
Sales of tax NOL
686

 

 

 

 
686

Redeemable warrants


 


 


 


 


valuation adjustment
89

 
102

 
38

 
52

 
281

Net loss
$
(3,611
)
 
$
(4,283
)
 
$
(5,136
)
 
$
(3,195
)
 
$
(16,225
)
Basic and diluted loss per share
$
(0.02
)
 
$
(0.03
)
 
$
(0.03
)
 
$
(0.02
)
 
$
(0.10
)
 
 
2012
(in thousands except per share data)
 
March 31,
2012
 
June 30,
2012
 
September 30,
2012
 
December 31,
2012
 
Total
Revenues
$
72

 
$
49

 
$
39

 
$
53

 
$
213

Costs and expenses
(3,819
)
 
(3,682
)
 
(5,004
)
 
(8,048
)
 
(20,553
)
Interest & other
 

 
 

 
 

 
 

 
 

Income (expense)
262

 
246

 
346

 
719

 
1,573

Sales of tax NOL
1,328

 

 

 

 
1,328

Redeemable warrants
 

 
 

 
 

 
 

 
 

valuation adjustment
(151
)
 
387

 
(1,968
)
 
1,817

 
85

Net loss
$
(2,308
)
 
$
(3,000
)
 
$
(6,587
)
 
$
(5,459
)
 
$
(17,354
)
Basic and diluted loss per share
$
(0.02
)
 
$
(0.02
)
 
$
(0.05
)
 
$
(0.03
)
 
$
(0.12
)


Hemispherx Biopharma, Inc.
Valuation and Qualifying Accounts Schedule
(dollars in thousands)
Description
Balance
at
beginning
of period
 
Charge to
expense
 
Write-
offs
 
Balance
at end
of
period
Year Ended December 31, 2011 Reserve for inventory
$
249

 
$
192

 
$
(249
)
 
$
192

Year Ended December 31, 2012 Reserve for inventory
$
192

 
$
1,023

 
$

 
$
1,215

Year Ended December 31, 2013 Reserve for inventory
$
1,215

 
$
458

 
$
(1,673
)
 
$