FibroGen, Inc (FGEN) Financial Statements (2024 and earlier)
Company Profile
| Business Address |
409 ILLINOIS STREET SAN FRANCISCO, CA 94158 |
| 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)
| 12/31/2023 | 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 | 422,008 | 405,190 | 686,537 | 533,757 | 621,402 | 735,718 | |||
| Cash and cash equivalents | 155,700 | 171,223 | 678,393 | 126,266 | 89,258 | 673,658 | |||
| Short-term investments | 266,308 | 233,967 | 8,144 | 407,491 | 532,144 | 62,060 | |||
| Receivables | 16,299 | 17,401 | 41,883 | 153,665 | 63,684 | 12,456 | |||
| Inventory, net of allowances, customer advances and progress billings | 40,436 | 31,015 | 16,530 | 6,887 | |||||
| Inventory | 40,436 | 31,015 | 16,530 | 6,887 | |||||
| Prepaid expense | 9,730 | 7,383 | 8,353 | 6,464 | |||||
| Other current assets | 4,353 | 5,070 | 1,807 | 1,717 | |||||
| Other undisclosed current assets | 8,000 | 4,929 | 796 | ||||||
| Total current assets: | 492,826 | 474,059 | 755,110 | 702,490 | 690,015 | 748,970 | |||
| Noncurrent Assets | |||||||||
| Finance lease, right-of-use asset, after accumulated amortization | 435 | 761 | 39,602 | ✕ | ✕ | ||||
| Operating lease, right-of-use asset | 79,893 | 91,112 | 2,043 | 1,931 | ✕ | ✕ | |||
| Property, plant and equipment | 20,605 | 28,277 | 33,647 | 42,743 | 127,198 | 129,476 | |||
| Long-term investments and receivables | 5,061 | 3,825 | 244 | 61,118 | 55,820 | 10,506 | |||
| Long-term investments | 5,061 | 3,825 | 244 | 61,118 | 55,820 | 10,506 | |||
| Restricted cash and investments | 2,072 | 2,072 | |||||||
| Other noncurrent assets | 5,282 | 5,919 | 3,433 | 9,372 | 3,420 | 4,517 | |||
| Other undisclosed noncurrent assets | 3,913 | 167,796 | 32,363 | 141 | 4,145 | 5,181 | |||
| Total noncurrent assets: | 117,261 | 299,762 | 71,730 | 154,907 | 190,583 | 149,680 | |||
| TOTAL ASSETS: | 610,087 | 773,821 | 826,840 | 857,397 | 880,598 | 898,650 | |||
| LIABILITIES AND EQUITY | |||||||||
| Liabilities | |||||||||
| Current Liabilities | |||||||||
| Accounts payable and accrued liabilities | 30,758 | 198,685 | 24,789 | 6,088 | 75,262 | 69,290 | |||
| Accounts payable | 30,758 | 26,097 | 24,789 | 6,088 | 9,139 | 5,509 | |||
| Accrued liabilities | 172,588 | 66,123 | 63,781 | ||||||
| Deferred revenue | 12,739 | 15,857 | 6,547 | 490 | ✕ | ✕ | |||
| Debt | 11 | 12,330 | 12,351 | ||||||
| Deferred revenue and credits | ✕ | ✕ | ✕ | ✕ | ✕ | ✕ | 7,968 | ||
| Due to related parties | ✕ | 4 | |||||||
| Contract with customer, liability | ✕ | ✕ | ✕ | ✕ | ✕ | 13,771 | ✕ | ||
| Other undisclosed current liabilities | 230,065 | 10,940 | 119,521 | 83,816 | |||||
| Total current liabilities: | 273,562 | 225,497 | 163,187 | 102,745 | 89,033 | 77,258 | |||
| Noncurrent Liabilities | |||||||||
| Long-term debt and lease obligation | 137 | 88,779 | 25,391 | 37,610 | |||||
| Long-term debt, excluding current maturities | |||||||||
| Finance lease, liability | 137 | 3 | 25,391 | 37,610 | ✕ | ✕ | |||
| Liabilities, other than long-term debt | 271,755 | 212,819 | 178,116 | 163,715 | 149,140 | 123,935 | |||
| Deferred revenue and credits | ✕ | ✕ | ✕ | ✕ | ✕ | ✕ | 115,888 | ||
| Deferred revenue | 185,722 | 186,801 | 138,474 | 99,449 | ✕ | ✕ | |||
| Contract with customer, liability | ✕ | ✕ | ✕ | ✕ | ✕ | 136,109 | ✕ | ||
| Deferred rent credit | 3,038 | ✕ | |||||||
| Other liabilities | 6,440 | 26,018 | 39,642 | 64,266 | 9,993 | 8,047 | |||
| Operating lease, liability | 79,593 | 88,776 | ✕ | ✕ | |||||
| Other undisclosed noncurrent liabilities | 66,113 | 17,613 | 18,697 | 17,921 | 113,955 | 115,007 | |||
| Total noncurrent liabilities: | 338,005 | 319,211 | 222,204 | 219,246 | 263,095 | 238,942 | |||
| Total liabilities: | 611,567 | 544,708 | 385,391 | 321,991 | 352,128 | 316,200 | |||
| Temporary equity, carrying amount | |||||||||
| Equity | |||||||||
| Equity, attributable to parent | (21,447) | 209,146 | 422,178 | 516,135 | 509,199 | 563,179 | |||
| Common stock | 942 | 929 | 914 | 877 | 854 | 825 | |||
| Additional paid in capital | 1,541,019 | 1,476,414 | 1,399,774 | 1,300,725 | 1,226,453 | 1,160,094 | |||
| Accumulated other comprehensive loss | (5,720) | (4,163) | (4,499) | (747) | (2,281) | (1,795) | |||
| Accumulated deficit | (1,557,688) | (1,264,034) | (974,011) | (784,720) | (715,827) | (595,945) | |||
| Equity, attributable to noncontrolling interest | 19,967 | 19,967 | 19,271 | 19,271 | 19,271 | 19,271 | |||
| Total equity: | (1,480) | 229,113 | 441,449 | 535,406 | 528,470 | 582,450 | |||
| TOTAL LIABILITIES AND EQUITY: | 610,087 | 773,821 | 826,840 | 857,397 | 880,598 | 898,650 | |||
Income Statement (P&L) ($ in thousands)
| 12/31/2023 | 12/31/2022 | 12/31/2021 | 12/31/2020 | 12/31/2019 | 12/31/2018 | 12/31/2017 | ||
|---|---|---|---|---|---|---|---|---|
| Revenues | 140,734 | 235,309 | 176,319 | 256,577 | 212,958 | 125,668 | ||
| Cost of revenue | (20,280) | (12,871) | ||||||
| Gross profit: | 120,454 | 222,438 | 176,319 | 256,577 | 212,958 | 125,668 | ||
| Operating expenses | (421,479) | (510,968) | (368,199) | (345,891) | (299,651) | (248,277) | ||
| Operating loss: | (301,025) | (288,530) | (191,880) | (89,314) | (86,693) | (122,609) | ||
| Nonoperating income (expense) | 7,596 | (1,078) | ||||||
| Interest and debt expense | (1,440) | (1,075) | (2,402) | (2,876) | (10,991) | (9,706) | ||
| Loss from continuing operations before equity method investments, income taxes: | (294,869) | (290,683) | (194,282) | (92,190) | (97,684) | (132,315) | ||
| Income from equity method investments | 1,573 | 1,007 | ||||||
| Other undisclosed income (loss) from continuing operations before income taxes | (1,573) | (1,007) | 5,351 | 15,548 | 11,568 | 6,433 | ||
| Loss from continuing operations before income taxes: | (294,869) | (290,683) | (188,931) | (76,642) | (86,116) | (125,882) | ||
| Income tax expense | (358) | (347) | (360) | (328) | (304) | (321) | ||
| Loss from continuing operations: | (295,227) | (291,030) | (189,291) | (76,970) | (86,420) | (126,203) | ||
| Loss before gain (loss) on sale of properties: | ✕ | ✕ | (291,030) | (189,291) | (76,970) | (86,420) | (126,203) | |
| Other undisclosed net income | 1,573 | 1,007 | ||||||
| Net loss available to common stockholders, diluted: | (293,654) | (290,023) | (189,291) | (76,970) | (86,420) | (126,203) | ||
Comprehensive Income ($ in thousands)
| 12/31/2023 | 12/31/2022 | 12/31/2021 | 12/31/2020 | 12/31/2019 | 12/31/2018 | 12/31/2017 | ||
|---|---|---|---|---|---|---|---|---|
| Net loss: | (293,654) | (290,023) | (189,291) | (76,970) | (86,420) | (126,203) | ||
| Other comprehensive income (loss) | (1,557) | 336 | (3,752) | 923 | 764 | (835) | ||
| Comprehensive loss, net of tax, attributable to parent: | (295,211) | (289,687) | (193,043) | (76,047) | (85,656) | (127,038) | ||
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.