Emisphere Technologies, Inc. reported financial results for the fourth quarter and fiscal year ended December 31, 2014. The company reported net income of $0.4 million, or $0.01 per basic and diluted share, for the fourth quarter ended December 31, 2014, compared to net loss of $2.8 million, or $0.05 per basic and diluted share, for the fourth quarter ended December 31, 2013. The company reported an operating loss of $3.3 million for the fourth quarter 2014, compared to an operating loss of $2.3 million for the same period in 2013.

For the year, the company reported operating loss of $9,305,000 compared to $7,604,000 a year ago. Loss before income tax benefit was $27,399,000 compared to $20,911,000 a year ago. Net loss was $25,380,000 or $0.42 per basic and diluted share compared to $20,939,000 or $0.35 per basic and diluted share a year ago.