Timber Pharmaceuticals, Inc. (TMBRQ) Financial Statements (2024 and earlier)
Company Profile
| Business Address |
3 MOUNTAINVIEW ROAD, SUITE 100 WARREN, NJ 07059 |
| 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)Annual | Quarterly
| 6/30/2023 Q2 | 3/31/2023 Q1 | 12/31/2022 Q4 | 9/30/2022 Q3 | 6/30/2022 Q2 | 3/31/2022 Q1 | 12/31/2021 Q4 | |||
|---|---|---|---|---|---|---|---|---|---|
| ASSETS | |||||||||
| Current Assets | |||||||||
| Cash, cash equivalents, and short-term investments | 5,175 | 9,080 | 11,224 | 8,274 | 13,860 | 16,809 | |||
| Cash and cash equivalents | 5,175 | 9,080 | 11,224 | 8,274 | 13,860 | 16,809 | |||
| Prepaid expense | 204 | 526 | 722 | 768 | |||||
| Other current assets | 116 | 207 | 296 | 237 | 211 | 310 | |||
| Total current assets: | 5,496 | 9,813 | 12,242 | 9,279 | 14,072 | 17,119 | |||
| Noncurrent Assets | |||||||||
| Operating lease, right-of-use asset | 615 | 316 | 401 | 483 | 562 | 639 | |||
| Property, plant and equipment | 20 | 19 | 19 | 21 | 19 | 16 | |||
| Deposits noncurrent assets | 145 | 128 | 128 | 128 | 128 | 128 | |||
| Total noncurrent assets: | 781 | 463 | 548 | 631 | 709 | 783 | |||
| TOTAL ASSETS: | 6,277 | 10,276 | 12,790 | 9,910 | 14,780 | 17,901 | |||
| LIABILITIES AND EQUITY | |||||||||
| Liabilities | |||||||||
| Current Liabilities | |||||||||
| Accounts payable and accrued liabilities, including: | 1,576 | 1,610 | 1,960 | 1,409 | 633 | 851 | |||
| Accounts payable | 1,014 | 1,351 | 953 | 420 | 819 | 953 | |||
| Accrued liabilities | 1,576 | 1,610 | 1,960 | 1,409 | 633 | 851 | |||
| Other undisclosed accounts payable and accrued liabilities | (1,014) | (1,351) | (953) | (420) | (819) | (953) | |||
| Other undisclosed current liabilities | 3,092 | 3,432 | 3,040 | 5,163 | 3,275 | 3,342 | |||
| Total current liabilities: | 4,668 | 5,041 | 5,000 | 6,572 | 3,908 | 4,192 | |||
| Noncurrent Liabilities | |||||||||
| Long-term debt and lease obligation | 84 | 164 | 242 | 369 | |||||
| Long-term debt, excluding current maturities | 38 | ||||||||
| Liabilities, other than long-term debt | 298 | 74 | 74 | 74 | 74 | ||||
| Other liabilities | 74 | 74 | 74 | 74 | |||||
| Operating lease, liability | 298 | 84 | 164 | 242 | 331 | ||||
| Other undisclosed noncurrent liabilities | 1,750 | ||||||||
| Total noncurrent liabilities: | 298 | 157 | 1,988 | 315 | 443 | ||||
| Total liabilities: | 4,966 | 5,041 | 5,157 | 8,560 | 4,223 | 4,635 | |||
| Equity | |||||||||
| Equity, attributable to parent | 1,311 | 5,234 | 7,633 | 1,350 | 10,557 | 13,267 | |||
| Common stock | 148 | 148 | 134 | 64 | 64 | 64 | |||
| Additional paid in capital | 53,488 | 53,350 | 52,141 | 42,740 | 42,451 | 42,088 | |||
| Accumulated deficit | (52,325) | (48,264) | (44,641) | (41,454) | (31,958) | (28,885) | |||
| Total equity: | 1,311 | 5,234 | 7,633 | 1,350 | 10,557 | 13,267 | |||
| TOTAL LIABILITIES AND EQUITY: | 6,277 | 10,276 | 12,790 | 9,910 | 14,780 | 17,901 | |||
Income Statement (P&L) ($ in thousands)Annual | Quarterly
| 6/30/2023 Q2 | 3/31/2023 Q1 | 12/31/2022 Q4 | 9/30/2022 Q3 | 6/30/2022 Q2 | 3/31/2022 Q1 | 12/31/2021 Q4 | ||
|---|---|---|---|---|---|---|---|---|
| Revenues | (246) | 115 | 107 | 107 | 190 | |||
| Sublease income | 115 | 107 | 107 | 107 | ||||
| Net investment income | ||||||||
| Gross profit: | (246) | 115 | 107 | 107 | 190 | |||
| Operating expenses | (4,000) | (3,566) | (3,127) | (9,404) | (3,221) | (2,995) | ||
| Other undisclosed operating income (loss) | 246 | (115) | (107) | (24) | ||||
| Operating loss: | (4,000) | (3,566) | (3,127) | (9,404) | (3,138) | (2,805) | ||
| Nonoperating income (expense) | (61) | (49) | (60) | (92) | 65 | (19) | ||
| Gain (loss), foreign currency transaction, before tax | 2 | 9 | 11 | (50) | 6 | |||
| Other nonoperating income (expense) | (63) | (61) | (71) | (42) | 21 | |||
| Loss from continuing operations before income taxes: | (4,061) | (3,615) | (3,187) | (9,496) | (3,073) | (2,824) | ||
| Other undisclosed income (loss) from continuing operations | (8) | 30 | ||||||
| Loss from continuing operations: | (4,061) | (3,623) | (3,187) | (9,496) | (3,073) | (2,793) | ||
| Loss before gain (loss) on sale of properties: | ✕ | ✕ | ✕ | (3,187) | (9,496) | (3,073) | (2,793) | |
| Net loss attributable to parent: | (4,061) | (3,623) | (3,187) | (9,496) | (3,073) | (2,793) | ||
| Other undisclosed net loss available to common stockholders, basic | (21) | |||||||
| Net loss available to common stockholders, diluted: | (4,061) | (3,623) | (3,187) | (9,496) | (3,073) | (2,814) | ||
Comprehensive Income ($ in thousands)Annual | Quarterly
| 6/30/2023 Q2 | 3/31/2023 Q1 | 12/31/2022 Q4 | 9/30/2022 Q3 | 6/30/2022 Q2 | 3/31/2022 Q1 | 12/31/2021 Q4 | ||
|---|---|---|---|---|---|---|---|---|
| Net loss: | (4,061) | (3,623) | (3,187) | (9,496) | (3,073) | (2,793) | ||
| Comprehensive loss, net of tax, attributable to parent: | (4,061) | (3,623) | (3,187) | (9,496) | (3,073) | (2,793) | ||
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.