Milestone Pharmaceuticals Inc. (MIST) Financial Statements (2025 and earlier)
Company Profile
| Business Address |
1111 BOUL. DR.-FREDERIK-PHILIPS, STE 420 MONTREAL, QC H4M 2X6 |
| State of Incorp. | QC |
| Fiscal Year End | December 31 |
| Industry (SIC) | 2834 - Pharmaceutical Preparations (benchmarking) |
| More info | Complete Financial Analysis Financial Benchmarking |
Balance Sheet (Statement of Financial Position) (USD)
| 9/30/2024 MRQ | 12/31/2023 | 12/31/2022 | 12/31/2021 | 12/31/2020 | 12/31/2019 | |||
|---|---|---|---|---|---|---|---|---|
| ASSETS | ||||||||
| Current Assets | ||||||||
| Cash, cash equivalents, and short-term investments, including: | 66,000,000 | 64,500,000 | 114,100,000 | 142,300,000 | 119,818,000 | |||
| Cash and cash equivalents | 13,760,000 | 7,636,000 | 114,141,000 | 72,310,000 | 119,818,000 | |||
| Short-term investments | 52,243,000 | 56,949,000 | 70,000,000 | |||||
| Other undisclosed cash, cash equivalents, and short-term investments | (3,000) | (85,000) | (41,000) | (10,000) | ||||
| Receivables | 3,208,000 | 882,000 | 127,000 | 223,000 | 258,000 | |||
| Prepaid expense | 3,178,000 | 6,005,000 | 4,299,000 | 5,428,000 | 1,845,000 | |||
| Other undisclosed current assets | 646,000 | 416,000 | 397,000 | 735,000 | 578,000 | |||
| Total current assets: | 73,032,000 | 71,803,000 | 118,923,000 | 148,686,000 | 122,499,000 | |||
| Noncurrent Assets | ||||||||
| Operating lease, right-of-use asset | 1,917,000 | 2,423,000 | 711,000 | 980,000 | 524,000 | |||
| Property, plant and equipment | 277,000 | 257,000 | 215,000 | 308,000 | 405,000 | |||
| Total noncurrent assets: | 2,194,000 | 2,680,000 | 926,000 | 1,288,000 | 929,000 | |||
| TOTAL ASSETS: | 75,226,000 | 74,483,000 | 119,849,000 | 149,974,000 | 123,428,000 | |||
| LIABILITIES AND EQUITY | ||||||||
| Liabilities | ||||||||
| Current Liabilities | ||||||||
| Accounts payable and accrued liabilities, including: | 6,680,000 | 5,644,000 | 6,551,000 | 5,914,000 | 7,997,000 | |||
| Employee-related liabilities | ✕ | ✕ | ✕ | 1,458,000 | 957,000 | 1,777,000 | ||
| Accounts payable | 3,981,000 | 2,263,000 | 4,384,000 | 4,641,000 | 4,376,000 | |||
| Accrued liabilities | 1,095,000 | 2,977,000 | 437,000 | 164,000 | 331,000 | |||
| Other undisclosed accounts payable and accrued liabilities | 1,604,000 | 404,000 | 272,000 | 152,000 | 1,513,000 | |||
| Debt | 330,000 | |||||||
| Other undisclosed current liabilities | 546,000 | 495,000 | 224,000 | 245,000 | ||||
| Total current liabilities: | 7,226,000 | 6,139,000 | 6,775,000 | 6,159,000 | 8,327,000 | |||
| Noncurrent Liabilities | ||||||||
| Long-term debt and lease obligation: | 474,000 | 696,000 | 184,000 | |||||
| Liabilities, other than long-term debt | 1,457,000 | 1,996,000 | ||||||
| Operating lease, liability | 1,457,000 | 1,996,000 | 474,000 | 696,000 | 184,000 | |||
| Other undisclosed noncurrent liabilities | 49,772,000 | (474,000) | (696,000) | |||||
| Total noncurrent liabilities: | 51,229,000 | 1,996,000 | 474,000 | 696,000 | 184,000 | |||
| Total liabilities: | 58,455,000 | 8,135,000 | 7,249,000 | 6,855,000 | 8,511,000 | |||
| Equity | ||||||||
| Equity, attributable to parent | 16,771,000 | 66,348,000 | 112,600,000 | 143,119,000 | 114,917,000 | |||
| Common stock | 260,504,000 | 273,900,000 | 251,901,000 | 251,682,000 | 226,245,000 | |||
| Additional paid in capital | 33,834,000 | 24,437,000 | 15,711,000 | 8,530,000 | 3,805,000 | |||
| Accumulated other comprehensive loss | (1,634,000) | (1,634,000) | (1,634,000) | |||||
| Accumulated deficit | (326,026,000) | (266,341,000) | (206,319,000) | (163,466,000) | (113,499,000) | |||
| Warrants and rights outstanding | 48,459,000 | 34,352,000 | 52,941,000 | 48,007,000 | ||||
| Total equity: | 16,771,000 | 66,348,000 | 112,600,000 | 143,119,000 | 114,917,000 | |||
| TOTAL LIABILITIES AND EQUITY: | 75,226,000 | 74,483,000 | 119,849,000 | 149,974,000 | 123,428,000 | |||
Income Statement (P&L) (USD)
| 9/30/2024 TTM | 12/31/2023 | 12/31/2022 | 12/31/2021 | 12/31/2020 | 12/31/2019 | ||
|---|---|---|---|---|---|---|---|
| Operating expenses | (46,984,000) | (55,547,000) | (51,070,000) | (44,773,000) | (48,989,000) | ||
| Other undisclosed operating income (loss) | (14,114,000) | (4,095,000) | 7,997,000 | (5,937,000) | (8,892,000) | ||
| Operating loss: | (61,098,000) | (59,642,000) | (43,073,000) | (50,710,000) | (57,881,000) | ||
| Nonoperating income (Investment Income, Nonoperating) | 220,000 | 726,000 | 2,596,000 | ||||
| Interest and debt expense | (2,554,000) | ||||||
| Other undisclosed loss from continuing operations before equity method investments, income taxes | |||||||
| Loss from continuing operations before equity method investments, income taxes: | (63,652,000) | (59,642,000) | (42,853,000) | (49,984,000) | (55,285,000) | ||
| Other undisclosed income from continuing operations before income taxes | 3,967,000 | 1,254,000 | |||||
| Loss from continuing operations before income taxes: | (59,685,000) | (58,388,000) | (42,853,000) | (49,984,000) | (55,285,000) | ||
| Income tax benefit | 17,000 | 56,000 | |||||
| Loss from continuing operations: | (59,685,000) | (58,388,000) | (42,853,000) | (49,967,000) | (55,229,000) | ||
| Loss before gain (loss) on sale of properties: | ✕ | ✕ | ✕ | (42,853,000) | (49,967,000) | (55,229,000) | |
| Net loss available to common stockholders, diluted: | (59,685,000) | (58,388,000) | (42,853,000) | (49,967,000) | (55,229,000) | ||
Comprehensive Income (USD)
| 9/30/2024 TTM | 12/31/2023 | 12/31/2022 | 12/31/2021 | 12/31/2020 | 12/31/2019 | ||
|---|---|---|---|---|---|---|---|
| Net loss: | (59,685,000) | (58,388,000) | (42,853,000) | (49,967,000) | (55,229,000) | ||
| Comprehensive loss, net of tax, attributable to parent: | (59,685,000) | (58,388,000) | (42,853,000) | (49,967,000) | (55,229,000) | ||
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.