Kiniksa Pharmaceuticals Ltd. (KNSA) Financial Statements (2024 and earlier)
Company Profile
| Business Address |
23 OLD BOND STREET, FLOOR 3 LONDON, WIS 4PZ |
| State of Incorp. | |
| 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)
| 6/30/2024 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 | 206,371 | 190,608 | 182,201 | 323,482 | 233,380 | 307,304 | |||
| Cash and cash equivalents | 107,954 | 122,715 | 122,470 | 114,038 | 46,928 | 71,976 | |||
| Short-term investments | 98,417 | 67,893 | 59,731 | 209,444 | 186,452 | 235,328 | |||
| Restricted cash and investments | 210 | ||||||||
| Receivables | 21,266 | 12,660 | 3,985 | ||||||
| Inventory, net of allowances, customer advances and progress billings | 31,122 | 21,599 | 3,675 | ||||||
| Inventory | 31,122 | 21,599 | 3,675 | ||||||
| Contract with customer, asset, after allowance for credit loss | 7,656 | ||||||||
| Other undisclosed current assets | 17,538 | 10,537 | 6,585 | 9,557 | 8,247 | 6,446 | |||
| Total current assets: | 276,297 | 243,060 | 196,446 | 333,249 | 241,627 | 313,750 | |||
| Noncurrent Assets | |||||||||
| Operating lease, right-of-use asset | 11,931 | 5,385 | 5,550 | 6,566 | 1,927 | ✕ | |||
| Property, plant and equipment | 734 | 1,658 | 2,834 | 4,051 | 6,398 | 6,356 | |||
| Intangible assets, net (including goodwill) | 17,250 | 18,250 | 19,250 | ||||||
| Intangible assets, net (excluding goodwill) | 17,250 | 18,250 | 19,250 | ||||||
| Restricted cash and investments | 210 | 210 | |||||||
| Deferred costs | 433 | ||||||||
| Deferred income tax assets | 219,283 | 185,495 | 10 | 4,372 | ✕ | ||||
| Other noncurrent assets | 827 | 5,824 | 8,720 | 5,588 | |||||
| Deferred tax assets, net | ✕ | ✕ | ✕ | ✕ | ✕ | ✕ | 1,216 | ||
| Total noncurrent assets: | 250,025 | 216,612 | 36,354 | 16,215 | 12,907 | 8,215 | |||
| TOTAL ASSETS: | 526,322 | 459,672 | 232,800 | 349,464 | 254,534 | 321,965 | |||
| LIABILITIES AND EQUITY | |||||||||
| Liabilities | |||||||||
| Current Liabilities | |||||||||
| Accounts payable and accrued liabilities | 52,913 | 38,011 | 39,899 | 29,702 | 26,108 | 27,336 | |||
| Accounts payable | 8,246 | 7,899 | 1,868 | 503 | 5,693 | 10,918 | |||
| Accrued liabilities | 44,667 | 30,112 | 38,031 | 29,199 | 20,415 | 16,418 | |||
| Deferred revenue | 307 | ✕ | |||||||
| Debt | 1,697 | ||||||||
| Other liabilities | 8,193 | 5,754 | 1,544 | 37 | 25 | 218 | |||
| Other undisclosed current liabilities | 2,253 | 3,301 | 3,381 | 2,107 | 15,000 | ||||
| Total current liabilities: | 63,666 | 47,066 | 44,824 | 31,846 | 27,830 | 42,554 | |||
| Noncurrent Liabilities | |||||||||
| Long-term debt and lease obligation: | 2,669 | 4,878 | 955 | ||||||
| Liabilities, other than long-term debt | 23,817 | 16,457 | 270 | 805 | 326 | 144 | |||
| Accounts payable and accrued liabilities | 144 | ||||||||
| Deferred revenue | 11,954 | 12,000 | ✕ | ||||||
| Other liabilities | 1,858 | 1,839 | 270 | 805 | 326 | ||||
| Operating lease, liability | 10,005 | 2,618 | 2,669 | 4,878 | 955 | ✕ | |||
| Total noncurrent liabilities: | 23,817 | 16,457 | 2,939 | 5,683 | 1,281 | 144 | |||
| Total liabilities: | 87,483 | 63,523 | 47,763 | 37,529 | 29,111 | 42,698 | |||
| Equity | |||||||||
| Equity, attributable to parent, including: | 438,839 | 396,149 | 185,037 | 311,935 | 225,423 | 279,267 | |||
| Additional paid in capital | 916,763 | 888,120 | 860,482 | 829,424 | 581,467 | 473,483 | |||
| Accumulated other comprehensive income (loss) | 6 | 44 | (66) | (34) | 33 | (4) | |||
| Accumulated deficit | (477,950) | (492,034) | (675,397) | (517,473) | (356,092) | (194,225) | |||
| Other undisclosed equity, attributable to parent | 20 | 19 | 18 | 18 | 15 | 13 | |||
| Total equity: | 438,839 | 396,149 | 185,037 | 311,935 | 225,423 | 279,267 | |||
| TOTAL LIABILITIES AND EQUITY: | 526,322 | 459,672 | 232,800 | 349,464 | 254,534 | 321,965 | |||
Income Statement (P&L) ($ in thousands)
| 6/30/2024 TTM | 12/31/2023 | 12/31/2022 | 12/31/2021 | 12/31/2020 | 12/31/2019 | 12/31/2018 | ||
|---|---|---|---|---|---|---|---|---|
| Revenues | 270,259 | 220,180 | 38,544 | |||||
| Cost of revenue (Cost of Goods and Services Sold) | (9,100) | |||||||
| Other undisclosed gross profit | ||||||||
| Gross profit: | 270,259 | 220,180 | 29,444 | |||||
| Operating expenses | (205,524) | (163,441) | (186,080) | (157,363) | (169,963) | (108,160) | ||
| Other undisclosed operating loss | (89,931) | (46,966) | ||||||
| Operating income (loss): | (25,196) | 9,773 | (156,636) | (157,363) | (169,963) | (108,160) | ||
| Nonoperating income | 8,544 | 1,253 | 97 | 1,134 | 6,049 | 4,719 | ||
| Investment income, nonoperating | 97 | 1,134 | 6,049 | 4,719 | ||||
| Other nonoperating income | 8,544 | 1,253 | ||||||
| Income (loss) from continuing operations before income taxes: | (16,652) | 11,026 | (156,539) | (156,229) | (163,914) | (103,441) | ||
| Income tax expense (benefit) | 30,736 | 172,337 | (1,385) | (5,152) | 2,047 | 214 | ||
| Income (loss) from continuing operations: | 14,084 | 183,363 | (157,924) | (161,381) | (161,867) | (103,227) | ||
| Loss before gain (loss) on sale of properties: | ✕ | ✕ | ✕ | (157,924) | (161,381) | (161,867) | (103,227) | |
| Net income (loss) available to common stockholders, diluted: | 14,084 | 183,363 | (157,924) | (161,381) | (161,867) | (103,227) | ||
Comprehensive Income ($ in thousands)
| 6/30/2024 TTM | 12/31/2023 | 12/31/2022 | 12/31/2021 | 12/31/2020 | 12/31/2019 | 12/31/2018 | ||
|---|---|---|---|---|---|---|---|---|
| Net income (loss): | 14,084 | 183,363 | (157,924) | (161,381) | (161,867) | (103,227) | ||
| Comprehensive income (loss): | 14,084 | 183,363 | (157,924) | (161,381) | (161,867) | (103,227) | ||
| Other undisclosed comprehensive income (loss), net of tax, attributable to parent | (38) | 110 | (32) | (67) | 37 | (4) | ||
| Comprehensive income (loss), net of tax, attributable to parent: | 14,046 | 183,473 | (157,956) | (161,448) | (161,830) | (103,231) | ||
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.