Theravance Biopharma Inc. (TBPH) Financial Statements (2025 and earlier)
Company Profile
| Business Address |
UGLAND HOUSE, SOUTH CHURCH STREET GEORGE TOWN, GRAND CAYMAN, KY1-1104 |
| 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)
| 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 | 102,426 | 327,484 | 173,465 | 292,941 | 280,831 | 505,276 | |||
| Cash and cash equivalents | 39,545 | 298,172 | 89,959 | 81,467 | 58,064 | 378,021 | |||
| Short-term investments | 62,881 | 29,312 | 83,506 | 211,474 | 222,767 | 127,255 | |||
| Receivables | 43,534 | 53,799 | 28,574 | 620 | |||||
| Prepaid expense | 11,603 | 7,682 | 8,561 | 10,359 | 7,087 | 16,874 | |||
| Other undisclosed current assets | 19,512 | 18,298 | 24,310 | 36,242 | 21,996 | 10,053 | |||
| Total current assets: | 133,541 | 353,464 | 249,870 | 393,341 | 338,488 | 532,823 | |||
| Noncurrent Assets | |||||||||
| Operating lease, right-of-use asset | 36,287 | 40,126 | 39,690 | 43,260 | 46,604 | ✕ | |||
| Nontrade receivables | 3,682 | ||||||||
| Property, plant and equipment | 9,068 | 11,875 | 13,657 | 16,422 | 12,644 | 13,176 | |||
| Long-term investments and receivables | 67,537 | 12,750 | 4,985 | 11,869 | |||||
| Long-term investments | 67,537 | 12,750 | 4,985 | 11,869 | |||||
| Restricted cash and investments | 836 | 836 | 837 | 833 | 800 | 833 | |||
| Other noncurrent assets | 8,067 | 6,899 | 3,228 | 2,451 | 1,590 | 1,534 | |||
| Other undisclosed noncurrent assets | 194,200 | 194,200 | 33 | ||||||
| Total noncurrent assets: | 248,458 | 253,936 | 124,949 | 75,716 | 70,338 | 27,412 | |||
| TOTAL ASSETS: | 381,999 | 607,400 | 374,819 | 469,057 | 408,826 | 560,235 | |||
| LIABILITIES AND EQUITY | |||||||||
| Liabilities | |||||||||
| Current Liabilities | |||||||||
| Accounts payable and accrued liabilities | 9,208 | 12,986 | 21,138 | 48,000 | 44,928 | 43,276 | |||
| Interest and dividends payable | ✕ | ✕ | ✕ | 3,940 | 3,974 | 5,659 | |||
| Employee-related liabilities | ✕ | ✕ | ✕ | 12,796 | 35,238 | 28,180 | 23,803 | ||
| Accounts payable | 1,524 | 1,554 | 3,098 | 6,775 | 4,758 | 9,028 | |||
| Accrued liabilities | 7,684 | 11,432 | 1,304 | 2,013 | 6,331 | 10,445 | |||
| Deferred revenue | 24 | 98 | 11,523 | 31,575 | ✕ | ||||
| Debt | 7,762 | ||||||||
| Contract with customer, liability | ✕ | ✕ | ✕ | ✕ | ✕ | ✕ | 43,402 | ||
| Other undisclosed current liabilities | 15,559 | 15,705 | 37,351 | 64,048 | 27,438 | 11,876 | |||
| Total current liabilities: | 24,767 | 28,715 | 58,587 | 123,571 | 111,703 | 98,554 | |||
| Noncurrent Liabilities | |||||||||
| Long-term debt and lease obligation | 280,716 | 274,183 | 273,615 | 224,818 | |||||
| Long-term debt, excluding current maturities | 228,035 | 226,963 | 225,890 | 224,818 | |||||
| Liabilities, other than long-term debt | 51,155 | 47,256 | 2,730 | 2,181 | 28,048 | 58,917 | |||
| Deferred revenue | 192 | 310 | 348 | 6,761 | ✕ | ||||
| Contract with customer, liability | ✕ | ✕ | ✕ | ✕ | ✕ | ✕ | 26,179 | ||
| Deferred rent credit | 7,976 | ||||||||
| Other liabilities | 5,919 | 1,657 | 2,420 | 1,833 | 21,287 | 24,762 | |||
| Operating lease, liability | 45,236 | 45,407 | 52,681 | 47,220 | 47,725 | ✕ | |||
| Total noncurrent liabilities: | 51,155 | 47,256 | 283,446 | 276,364 | 301,663 | 283,735 | |||
| Total liabilities: | 75,922 | 75,971 | 342,033 | 399,935 | 413,366 | 382,289 | |||
| Equity | |||||||||
| Equity, attributable to parent | 212,995 | 441,800 | (338,573) | (303,751) | (223,840) | (51,589) | |||
| Common stock | 1 | 1 | 1 | 1 | 1 | ||||
| Additional paid in capital | 1,122,164 | 1,295,725 | 1,387,469 | 1,222,818 | 1,024,614 | 960,721 | |||
| Accumulated other comprehensive income (loss) | (65) | (15) | 47 | 145 | (166) | ||||
| Accumulated deficit | (909,104) | (853,911) | (1,726,043) | (1,526,617) | (1,248,600) | (1,012,145) | |||
| Total equity: | 212,995 | 441,800 | (338,573) | (303,751) | (223,840) | (51,589) | |||
| Other undisclosed liabilities and equity | 93,082 | 89,629 | 371,359 | 372,873 | 219,300 | 229,535 | |||
| TOTAL LIABILITIES AND EQUITY: | 381,999 | 607,400 | 374,819 | 469,057 | 408,826 | 560,235 | |||
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 | 57,424 | 51,346 | 55,311 | 71,857 | 73,414 | 60,370 | ||
| Gross profit: | 57,424 | 51,346 | 55,311 | 71,857 | 73,414 | 60,370 | ||
| Operating expenses | (113,459) | (143,303) | (313,095) | (369,614) | (325,329) | (299,121) | ||
| Operating loss: | (56,035) | (91,957) | (257,784) | (297,757) | (251,915) | (238,751) | ||
| Nonoperating income (Other Nonoperating income) | 9,116 | 8,545 | 1,109 | 2,831 | 8,395 | 11,966 | ||
| Interest and debt expense | (2,350) | (9,403) | (46,889) | (60,049) | (31,862) | (10,482) | ||
| Loss from continuing operations before equity method investments, income taxes: | (49,269) | (92,815) | (303,564) | (354,975) | (275,382) | (237,267) | ||
| Income from equity method investments | 103,987 | 68,438 | 33,705 | 11,182 | ||||
| Loss from continuing operations before income taxes: | (49,269) | (92,815) | (199,577) | (286,537) | (241,677) | (226,085) | ||
| Income tax expense (benefit) | (5,924) | (9) | 151 | 8,520 | 5,222 | 10,561 | ||
| Loss from continuing operations: | (55,193) | (92,824) | (199,426) | (278,017) | (236,455) | (215,524) | ||
| Loss before gain (loss) on sale of properties: | ✕ | ✕ | ✕ | (199,426) | (278,017) | (236,455) | (215,524) | |
| Income from discontinued operations | 964,956 | |||||||
| Net income (loss) available to common stockholders, diluted: | (55,193) | 872,132 | (199,426) | (278,017) | (236,455) | (215,524) | ||
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 income (loss): | (55,193) | 872,132 | (199,426) | (278,017) | (236,455) | (215,524) | ||
| Comprehensive income (loss): | (55,193) | 872,132 | (199,426) | (278,017) | (236,455) | (215,524) | ||
| Other undisclosed comprehensive income (loss), net of tax, attributable to parent | (50) | (15) | (47) | (98) | 311 | 567 | ||
| Comprehensive income (loss), net of tax, attributable to parent: | (55,243) | 872,117 | (199,473) | (278,115) | (236,144) | (214,957) | ||
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.