Losses increase for Alimera

Alimera Sciences reported a net loss of $14.8 million for the fourth quarter of 2013, compared with a loss of $5.3 million for the fourth quarter of 2012.

The company attributed this result to an increase in the fair value of its derivative warrant liability, a non-cash unrealized foreign currency gain, and inventory problems.

For all of 2013 Alimera posted a $51.2 million loss, compared with a loss of $19.8 million in 2012.

Net revenue increased slightly for the fourth quarter of 2013, to $935,000, compared to the fourth quarter of 2012.