Athenex, Inc. (ATNX) Financial Statements (2024 and earlier)
Company Profile
| Business Address |
1001 MAIN STREET BUFFALO, NY 14203 |
| State of Incorp. | DE |
| Fiscal Year End | December 31 |
| Industry (SIC) | 2834 - Pharmaceutical Preparations (benchmarking) |
| More info | Complete Financial Analysis Financial Benchmarking |
Balance Sheet (Statement of Financial Position) ($ in thousands)
| 12/31/2022 | 12/31/2021 | 12/31/2020 | 12/31/2019 | 12/31/2018 | 12/31/2017 | |||
|---|---|---|---|---|---|---|---|---|
| ASSETS | ||||||||
| Current Assets | ||||||||
| Cash, cash equivalents, and short-term investments | 45,409 | 208,223 | 160,813 | 107,423 | 51,037 | |||
| Cash and cash equivalents | 35,202 | 69,587 | 127,674 | 49,794 | 39,284 | |||
| Short-term investments | 10,207 | 138,636 | 33,139 | 57,629 | 11,753 | |||
| Restricted cash and investments | 16,500 | 16,500 | ||||||
| Receivables | 26,637 | 23,603 | 16,689 | 12,951 | 8,468 | |||
| Inventory, net of allowances, customer advances and progress billings | 34,685 | 28,846 | 32,630 | 28,787 | 16,561 | |||
| Inventory | 34,685 | 28,846 | 32,630 | 28,787 | 16,561 | |||
| Deferred costs | 200 | |||||||
| Disposal group, including discontinued operation | 1,280 | |||||||
| Other undisclosed current assets | 8,885 | 14,789 | 20,794 | 21,658 | 7,492 | |||
| Total current assets: | 133,396 | 291,961 | 230,926 | 170,819 | 83,758 | |||
| Noncurrent Assets | ||||||||
| Operating lease, right-of-use asset | 6,243 | 7,921 | 8,818 | ✕ | ✕ | |||
| Property, plant and equipment | 27,978 | 34,388 | 23,153 | 11,447 | 9,651 | |||
| Long-term investments and receivables | 328 | |||||||
| Long-term investments | 328 | |||||||
| Intangible assets, net (including goodwill) | 71,896 | 49,109 | 47,035 | 48,343 | 46,367 | |||
| Goodwill | 38,891 | 38,513 | 37,495 | 37,795 | ||||
| Intangible assets, net (excluding goodwill) | 71,896 | 10,218 | 8,522 | 10,848 | 8,572 | |||
| Disposal group, including discontinued operation, noncurrent assets | 26,848 | |||||||
| Other noncurrent assets | 1,087 | 950 | 188 | |||||
| Deferred tax assets, net | ✕ | ✕ | ✕ | ✕ | 486 | 121 | ||
| Total noncurrent assets: | 134,052 | 92,368 | 79,006 | 60,276 | 56,655 | |||
| TOTAL ASSETS: | 267,448 | 384,329 | 309,932 | 231,095 | 140,413 | |||
| LIABILITIES AND EQUITY | ||||||||
| Liabilities | ||||||||
| Current Liabilities | ||||||||
| Accounts payable and accrued liabilities | 41,195 | 56,946 | 67,638 | 50,715 | 43,637 | |||
| Accounts payable | 16,742 | 18,673 | 23,331 | 12,997 | 16,659 | |||
| Accrued liabilities | 24,453 | 38,273 | 44,307 | 37,718 | 26,978 | |||
| Debt | 46,881 | 2,010 | 880 | 961 | 1,015 | |||
| Disposal group, including discontinued operation | 5,062 | |||||||
| Business combination, contingent consideration, liability | ||||||||
| Due to related parties | 491 | |||||||
| Other undisclosed current liabilities | 2,909 | 3,185 | 3,010 | |||||
| Total current liabilities: | 96,047 | 62,141 | 71,528 | 51,676 | 45,143 | |||
| Noncurrent Liabilities | ||||||||
| Long-term debt and lease obligation | 4,701 | 6,892 | 7,847 | 45,803 | 475 | |||
| Long-term debt, excluding current maturities | 45,381 | |||||||
| Capital lease obligations | ✕ | ✕ | ✕ | ✕ | 422 | 475 | ||
| Finance lease, liability | 207 | 537 | 227 | ✕ | ✕ | |||
| Liabilities, other than long-term debt | 28,999 | 3,908 | 2,563 | 4,847 | 4,073 | |||
| Deferred revenue and credits | ✕ | ✕ | ✕ | ✕ | ✕ | 1,760 | ||
| Deferred compensation liability, classified | 2,825 | 2,313 | ||||||
| Deferred rent credit | 2,022 | ✕ | ||||||
| Deferred income tax liabilities | 1,751 | 56 | ✕ | ✕ | ||||
| Disposal group, including discontinued operation, liabilities | 126 | |||||||
| Other liabilities | 3,046 | 3,852 | 2,563 | |||||
| Operating lease, liability | 4,494 | 6,355 | 7,620 | ✕ | ✕ | |||
| Business combination, contingent consideration, liability | 24,076 | |||||||
| Other undisclosed noncurrent liabilities | 103,249 | 146,040 | 52,139 | |||||
| Total noncurrent liabilities: | 136,949 | 156,840 | 62,549 | 50,650 | 4,548 | |||
| Total liabilities: | 232,996 | 218,981 | 134,077 | 102,326 | 49,691 | |||
| Equity | ||||||||
| Equity, attributable to parent | 51,131 | 179,775 | 188,225 | 139,355 | 90,037 | |||
| Common stock | 111 | 95 | 83 | 69 | 60 | |||
| Treasury stock, value | (7,485) | (7,406) | (7,406) | (7,406) | (7,406) | |||
| Additional paid in capital | 972,404 | 901,864 | 763,648 | 591,064 | 423,805 | |||
| Accumulated other comprehensive income (loss) | (487) | (1,134) | (635) | (656) | (146) | |||
| Accumulated deficit | (913,412) | (713,644) | (567,465) | (443,716) | (326,276) | |||
| Equity, attributable to noncontrolling interest | (16,679) | (14,427) | (12,370) | (10,586) | 685 | |||
| Total equity: | 34,452 | 165,348 | 175,855 | 128,769 | 90,722 | |||
| TOTAL LIABILITIES AND EQUITY: | 267,448 | 384,329 | 309,932 | 231,095 | 140,413 | |||
Income Statement (P&L) ($ in thousands)
| 12/31/2022 | 12/31/2021 | 12/31/2020 | 12/31/2019 | 12/31/2018 | 12/31/2017 | ||
|---|---|---|---|---|---|---|---|
| Revenues | 120,181 | 144,391 | 101,229 | 89,100 | 38,043 | ||
| Revenue, net | ✕ | ✕ | ✕ | ✕ | ✕ | 38,043 | |
| Cost of revenue (Cost of Goods and Services Sold) | (82,406) | (95,355) | (69,619) | (47,005) | (25,122) | ||
| Gross profit: | 37,775 | 49,036 | 31,610 | 42,095 | 12,921 | ||
| Operating expenses | (222,169) | (172,759) | (151,142) | (168,913) | (122,909) | ||
| Operating loss: | (184,394) | (123,723) | (119,532) | (126,818) | (109,988) | ||
| Nonoperating income (Investment Income, Nonoperating) | 227 | 874 | 1,881 | ||||
| Interest and debt expense | (20,742) | (21,497) | (6,954) | (5,912) | |||
| Loss from continuing operations before equity method investments, income taxes: | (204,909) | (144,346) | (124,605) | (126,818) | (115,900) | ||
| Other undisclosed loss from continuing operations before income taxes | (1,793) | (15,411) | |||||
| Loss from continuing operations before income taxes: | (204,909) | (144,346) | (124,605) | (128,611) | (131,311) | ||
| Income tax expense (benefit) | 10,604 | (4,088) | (928) | (100) | (85) | ||
| Loss from continuing operations: | (194,305) | (148,434) | (125,533) | (128,711) | (131,396) | ||
| Loss before gain (loss) on sale of properties: | ✕ | (202,036) | (148,434) | (125,533) | (128,711) | (131,396) | |
| Loss from discontinued operations | (7,731) | ||||||
| Net loss: | (202,036) | (148,434) | (125,533) | (128,711) | (131,396) | ||
| Net income attributable to noncontrolling interest | 2,268 | 2,255 | 1,784 | 11,271 | 226 | ||
| Net loss available to common stockholders, diluted: | (199,768) | (146,179) | (123,749) | (117,440) | (131,170) | ||
Comprehensive Income ($ in thousands)
| 12/31/2022 | 12/31/2021 | 12/31/2020 | 12/31/2019 | 12/31/2018 | 12/31/2017 | ||
|---|---|---|---|---|---|---|---|
| Net loss: | (202,036) | (148,434) | (125,533) | (128,711) | (131,396) | ||
| Other comprehensive income (loss) | 647 | (499) | 21 | (510) | 1,158 | ||
| Comprehensive loss: | (201,389) | (148,933) | (125,512) | (129,221) | (130,238) | ||
| Comprehensive income, net of tax, attributable to noncontrolling interest | 2,268 | 2,255 | 1,784 | 11,271 | 226 | ||
| Comprehensive loss, net of tax, attributable to parent: | (199,121) | (146,678) | (123,728) | (117,950) | (130,012) | ||
Statements Sources
The financial statements are based on the Company's filings with the U.S. Securities and Exchange Commission (SEC) through the Electronic Data Gathering, Analysis, and Retrieval system (EDGAR). The information is derived from the 10-K and 10-Q reports submitted to the SEC in XBRL (eXtensible Business Reporting Language) format and presented according to the US GAAP Taxonomy. Please review the original filings for a more detailed information.