Intra-Cellular Therapies Inc. (ITCI) Financial Statements (2025 and earlier)
Company Profile
| Business Address |
135 ROUTE 202/206 BEDMINSTER, NJ 07921 |
| 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)
| 9/30/2024 MRQ | 12/31/2023 | 12/31/2022 | 12/31/2021 | 12/31/2020 | 12/31/2019 | 12/31/2018 | |||
|---|---|---|---|---|---|---|---|---|---|
| ASSETS | |||||||||
| Current Assets | |||||||||
| Cash, cash equivalents, and short-term investments | 497,941 | 591,905 | 412,333 | 60,046 | 107,637 | 54,948 | |||
| Cash and cash equivalents | 147,767 | 148,615 | 92,365 | 60,046 | 107,637 | 54,948 | |||
| Short-term investments | 350,174 | 443,290 | 319,968 | ||||||
| Restricted cash and investments | 1,750 | 1,750 | 1,400 | 1,400 | |||||
| Receivables | 114,018 | 75,189 | 20,156 | 10,765 | |||||
| Inventory, net of allowances, customer advances and progress billings | 11,647 | 23,920 | 7,948 | 7,056 | |||||
| Inventory | 11,647 | 23,920 | 7,948 | 7,056 | |||||
| Prepaid expense | 2,400 | ||||||||
| Other undisclosed current assets | 42,443 | 45,193 | 25,443 | 611,638 | 122,687 | 298,091 | |||
| Total current assets: | 667,799 | 737,957 | 467,281 | 690,904 | 230,324 | 355,439 | |||
| Noncurrent Assets | |||||||||
| Inventory, Noncurrent | 38,621 | ||||||||
| Operating lease, right-of-use asset | 12,928 | 14,824 | 20,764 | 24,325 | 18,252 | ✕ | |||
| Property, plant and equipment | 1,654 | 1,913 | 1,791 | 1,998 | 2,260 | 1,160 | |||
| Other noncurrent assets | 7,293 | 86 | 86 | 86 | 86 | 79 | |||
| Deferred tax assets, net | ✕ | ✕ | ✕ | ✕ | ✕ | ✕ | 529 | ||
| Other undisclosed noncurrent assets | 265 | ||||||||
| Total noncurrent assets: | 60,496 | 16,823 | 22,641 | 26,409 | 20,863 | 1,768 | |||
| TOTAL ASSETS: | 728,295 | 754,780 | 489,922 | 717,314 | 251,186 | 357,206 | |||
| LIABILITIES AND EQUITY | |||||||||
| Liabilities | |||||||||
| Current Liabilities | |||||||||
| Accounts payable and accrued liabilities | 38,816 | 33,391 | 29,588 | 20,409 | 22,698 | 16,254 | |||
| Employee-related liabilities | ✕ | ✕ | ✕ | 20,897 | 14,907 | 15,273 | 2,293 | ||
| Accounts payable | 11,452 | 10,395 | 8,691 | 5,502 | 7,425 | 13,961 | |||
| Accrued liabilities | 27,364 | 22,996 | |||||||
| Debt | 3,187 | ||||||||
| Other undisclosed current liabilities | 84,729 | 49,845 | 23,768 | 16,444 | 10,339 | 20,045 | |||
| Total current liabilities: | 123,545 | 83,236 | 53,356 | 36,853 | 36,224 | 36,299 | |||
| Noncurrent Liabilities | |||||||||
| Long-term debt and lease obligation: | 18,675 | 23,600 | 19,955 | ||||||
| Liabilities, other than long-term debt | 13,326 | 15,474 | 3,192 | ||||||
| Deferred rent credit | 3,192 | ||||||||
| Operating lease, liability | 13,326 | 15,474 | 18,675 | 23,600 | 19,955 | ✕ | |||
| Other undisclosed noncurrent liabilities | (18,675) | (23,600) | |||||||
| Total noncurrent liabilities: | 13,326 | 15,474 | 18,675 | 23,600 | 19,955 | 3,192 | |||
| Total liabilities: | 136,871 | 98,710 | 72,031 | 60,454 | 56,179 | 39,492 | |||
| Equity | |||||||||
| Equity, attributable to parent | 591,424 | 656,070 | 417,891 | 656,860 | 195,007 | 317,715 | |||
| Common stock | 10 | 9 | 8 | 8 | 6 | 5 | |||
| Additional paid in capital | 2,208,470 | 2,137,737 | 1,639,476 | 1,593,476 | 904,972 | 880,753 | |||
| Accumulated other comprehensive income (loss) | 104 | (4,190) | (364) | 481 | 128 | (668) | |||
| Accumulated deficit | (1,617,160) | (1,477,486) | (1,221,230) | (937,104) | (710,098) | (562,376) | |||
| Total equity: | 591,424 | 656,070 | 417,891 | 656,860 | 195,007 | 317,715 | |||
| TOTAL LIABILITIES AND EQUITY: | 728,295 | 754,780 | 489,922 | 717,314 | 251,186 | 357,206 | |||
Income Statement (P&L) ($ in thousands)
| 9/30/2024 TTM | 12/31/2023 | 12/31/2022 | 12/31/2021 | 12/31/2020 | 12/31/2019 | 12/31/2018 | ||
|---|---|---|---|---|---|---|---|---|
| Revenues | 464,370 | 250,314 | 83,803 | 22,813 | 61 | |||
| Gross profit: | 464,370 | 250,314 | 83,803 | 22,813 | 61 | |||
| Operating expenses | (623,751) | (513,940) | (369,491) | (254,041) | (154,072) | (162,267) | ||
| Operating loss: | (159,381) | (263,626) | (285,688) | (231,228) | (154,012) | (162,267) | ||
| Nonoperating income (Investment Income, Nonoperating) | 20,343 | 7,376 | 1,568 | 4,235 | 6,291 | 7,141 | ||
| Loss from continuing operations before income taxes: | (139,038) | (256,250) | (284,120) | (226,992) | (147,721) | (155,126) | ||
| Income tax expense | (636) | (6) | (6) | (14) | (2) | (2) | ||
| Loss from continuing operations: | (139,674) | (256,256) | (284,126) | (227,006) | (147,722) | (155,127) | ||
| Loss before gain (loss) on sale of properties: | ✕ | ✕ | ✕ | (284,126) | (227,006) | (147,722) | (155,127) | |
| Net loss available to common stockholders, diluted: | (139,674) | (256,256) | (284,126) | (227,006) | (147,722) | (155,127) | ||
Comprehensive Income ($ in thousands)
| 9/30/2024 TTM | 12/31/2023 | 12/31/2022 | 12/31/2021 | 12/31/2020 | 12/31/2019 | 12/31/2018 | ||
|---|---|---|---|---|---|---|---|---|
| Net loss: | (139,674) | (256,256) | (284,126) | (227,006) | (147,722) | (155,127) | ||
| Other comprehensive income (loss) | 4,294 | (3,826) | (844) | 352 | 796 | 131 | ||
| Other undisclosed comprehensive income | ||||||||
| Comprehensive loss: | (135,380) | (260,082) | (284,970) | (226,653) | (146,926) | (154,996) | ||
| Other undisclosed comprehensive loss, net of tax, attributable to parent | ||||||||
| Comprehensive loss, net of tax, attributable to parent: | (135,380) | (260,082) | (284,970) | (226,653) | (146,926) | (154,996) | ||
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.