8-K

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                                  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 10, 2004
                         -------------------------------
                        (Date of earliest event reported)

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

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

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

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

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

Item 12: RESULTS OF OPERATIONS AND FINANCIAL CONDITION

On  August  10,  2004,  the  Registrant  issued a press  release  regarding  its
financial results for the first quarter ended June 30, 2004. 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.



                                   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/ Thomas W. Gantt
          ----------------------------------
          Thomas W. Gantt
          Chief Executive Officer

      Date: August 10, 2004

                                  EXHIBIT INDEX

Exhibit Number             Description
- --------------             -----------
99.1                        Press Release dated August 10, 2004


                                       2

EX-99.1

   a0200..bnq
r f   bc-MD-Spherix-Q2-EARNS   08-10 0000
 ^bc-MD-Spherix-Q2-EARNS@<
^Spherix Profit and Revenue Grow in Second Quarter@<
^@=
^@<



    BELTSVILLE, Md., Aug. 10 /PRNewswire-FirstCall/ -- Spherix Incorporated
(Nasdaq: SPEX) today reported revenue increases of $2.0 million (41%) and $2.6
million (28%) for the three and six months ended June 30, 2004, respectively,
compared to the same periods of 2003.  The Company's bottom-line for the three
months and six months ended June 30, 2004, improved $645,000 and $784,000,
respectively, over the same periods of the prior year.  The revenue increases
were driven by several new government contracts that the Company won late in
2003 and early 2004, as well as the purchase of six additional government
reservation contracts.  While ahead of plan, profits were reduced by the
initial cost of the acquisitions.

    Following on the Company's successful growth of its government reservation
business, it has increased its marketing efforts of government contact center,
enterprise solutions and telecommunications services.  The President and CEO
of Spherix, Thomas W. Gantt, stated, "Compared to one year ago, our second
quarter shows that Spherix has taken a strong step towards achieving positive
results.  The increased marketing efforts for both InfoSpherix and Naturlose
are showing signs of developing new business in both Divisions."



                           Three Months Ended            Six Months Ended
                                June 30,                     June 30,
                           2004          2003           2004          2003

    Revenue             $6,761,361    $4,802,124    $11,813,995   $ 9,222,906
    Operating expense    6,587,076     5,262,120     12,178,752    10,381,208
    Income (loss)
     from operations    $  174,285    $ (459,996)   $  (364,757)  $(1,158,302)

    Net income (loss)   $  192,257    $ (453,075)   $  (355,144)  $(1,139,463)
    Net income (loss)
     per share          $     0.02    $    (0.04)   $     (0.03)  $     (0.10)



    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-                             08/10/2004
    /CONTACT:  Richard Levin of Spherix Incorporated, +1-301-419-3900,
rlevin@spherix.com/
    /Web site:  http://www.spherix.com/
    (SPEX)

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

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