Global Blood Therapeutics, Inc. (GBT) financial statements (2020 and earlier)
Company profile
| Business Address |
171 OYSTER POINT BLVD, SUITE 300 SOUTH SAN FRANCISCO, CA 94080 |
| State of Incorp. | DE |
| Fiscal Year End | December 31 |
| SIC | 2834 - Pharmaceutical Preparations (benchmarking) |
| More info | Complete financial analysis Financial benchmarking |
Balance sheet (Statement of financial position) ($ in millions)
| 12/31/2019 | 12/31/2018 | 12/31/2017 | 12/31/2016 | 12/31/2015 | |||
|---|---|---|---|---|---|---|---|
| ASSETS | |||||||
| Current Assets | |||||||
| Cash, cash equivalents, and short-term investments | 302 | 275 | 315 | 147 | 149 | ||
| Cash and cash equivalents | 302 | 275 | 198 | 92 | 149 | ||
| Short-term investments | 116 | 55 | |||||
| Receivables | 3 | ||||||
| Inventory, net of allowances, customer advances and progress billings | 1 | ||||||
| Inventory | 1 | ||||||
| Prepaid expense | 9 | 6 | 4 | 2 | 1 | ||
| Other current assets | 2 | 6 | 1 | 1 | |||
| Other undisclosed current assets | 312 | 202 | |||||
| Total current assets: | 628 | 486 | 324 | 150 | 151 | ||
| Noncurrent Assets | |||||||
| Operating lease, right-of-use asset | 53 | ✕ | ✕ | ✕ | ✕ | ||
| Property, plant and equipment | 27 | 15 | 17 | 2 | 2 | ||
| Long-term investments and receivables | 15 | 50 | |||||
| Long-term investments | 15 | 50 | |||||
| Restricted cash and investments | 2 | 2 | 1 | 0 | 0 | ||
| Other noncurrent assets | 1 | 0 | 0 | ||||
| Other undisclosed noncurrent assets | 85 | 114 | |||||
| Total noncurrent assets: | 168 | 132 | 32 | 53 | 2 | ||
| TOTAL ASSETS: | 796 | 618 | 357 | 202 | 153 | ||
| LIABILITIES AND EQUITY | |||||||
| Liabilities | |||||||
| Current Liabilities | |||||||
| Accounts payable and accrued liabilities | 70 | 33 | 26 | 15 | 10 | ||
| Accounts payable | 11 | 6 | 7 | 4 | 3 | ||
| Accrued liabilities | 41 | 17 | 10 | 5 | 4 | ||
| Employee-related liabilities | 18 | 10 | 9 | 5 | 2 | ||
| Other liabilities | 2 | 1 | 0 | 1 | 1 | ||
| Total current liabilities: | 71 | 34 | 26 | 16 | 11 | ||
| Noncurrent Liabilities | |||||||
| Long-term debt and lease obligation | 146 | ||||||
| Long-term debt, excluding current maturities | 74 | ||||||
| Operating lease, liability | 72 | ✕ | ✕ | ✕ | ✕ | ||
| Liabilities, other than long-term debt | 0 | 11 | 12 | 1 | 2 | ||
| Other liabilities | 0 | 11 | 12 | 1 | 2 | ||
| Total noncurrent liabilities: | 146 | 11 | 12 | 1 | 2 | ||
| Total liabilities: | 217 | 45 | 38 | 16 | 12 | ||
| Stockholders' equity | |||||||
| Stockholders' equity attributable to parent | 579 | 573 | 319 | 186 | 141 | ||
| Common stock | 0 | 0 | 0 | 0 | 0 | ||
| Additional paid in capital | 1,317 | 1,045 | 617 | 367 | 239 | ||
| Accumulated other comprehensive income (loss) | 1 | (0) | (0) | (0) | |||
| Accumulated deficit | (739) | (472) | (298) | (181) | (98) | ||
| Total stockholders' equity: | 579 | 573 | 319 | 186 | 141 | ||
| TOTAL LIABILITIES AND EQUITY: | 796 | 618 | 357 | 202 | 153 | ||
Income statement (P&L) ($ in millions)
| 12/31/2019 | 12/31/2018 | 12/31/2017 | 12/31/2016 | 12/31/2015 | ||
|---|---|---|---|---|---|---|
| Revenue, net | ✕ | ✕ | 0 | |||
| Gross profit: | 2 | 0 | ||||
| Operating expenses | (292) | (183) | (119) | (83) | (46) | |
| Other undisclosed operating income (loss) | 8 | (0) | ||||
| Operating loss: | (281) | (183) | (119) | (83) | (46) | |
| Nonoperating income (Investment Income, Nonoperating) | 0 | |||||
| Interest and debt expense | (31) | |||||
| Loss from continuing operations before equity method investments, income taxes: | (313) | (183) | (119) | (83) | (46) | |
| Other undisclosed income from continuing operations before income taxes | 46 | 9 | 2 | 1 | ||
| Net loss: | (267) | (174) | (117) | (82) | (46) | |
| Other undisclosed net loss attributable to parent | (0) | (0) | ||||
| Net loss attributable to parent: | (267) | (174) | (117) | (82) | (46) | |
| Other undisclosed net loss available to common stockholders, basic | (4) | |||||
| Net loss available to common stockholders, diluted: | (267) | (174) | (117) | (82) | (51) | |
Comprehensive Income ($ in millions)
| 12/31/2019 | 12/31/2018 | 12/31/2017 | 12/31/2016 | 12/31/2015 | ||
|---|---|---|---|---|---|---|
| Net loss: | (267) | (174) | (117) | (82) | (46) | |
| Comprehensive loss: | (267) | (174) | (117) | (82) | (46) | |
| Other undisclosed comprehensive income (loss), net of tax, attributable to parent | 1 | 0 | (0) | (0) | ||
| Comprehensive loss, net of tax, attributable to parent: | (266) | (174) | (117) | (83) | (46) | |
Statements sources
The financial statements are based on the company's filings with the 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.