Adamis Pharmaceuticals Corporation (ADMP) financial statements (2023 and earlier)

Company profile

Business Address 11682 EL CAMINO REAL
SAN DIEGO, CA 92130
State of Incorp. DE
Fiscal Year End December 31
SIC 2834 - Pharmaceutical Preparations (benchmarking)
More info Complete financial analysis Financial benchmarking

Balance sheet (Statement of financial position) ($ in thousands)

12/31/2021
12/31/2020
12/31/2019
12/31/2018
12/31/2017
12/31/2016
12/31/2015
ASSETS
Current Assets
Cash, cash equivalents, and short-term investments, including:23,2216,8558,81119,27217,3235,0964,081
Cash and cash equivalents23,2216,8558,81119,27217,3234,0914,081
Other undisclosed cash, cash equivalents, and short-term investments     1,005 
Restricted cash and investments30      
Receivables5,084(120)(99)(175)   
Inventory, net of allowances, customer advances and progress billings4193,1162,0613,2791,825942 
Inventory4193,1162,0613,2791,825942 
Prepaid expense98388498676646618528
Disposal group, including discontinued operation4,321      
Other current assets215133384343
Other undisclosed current assets9311,7762,1142,6391,840805 
Total current assets:35,20412,52413,87725,78421,4627,0704,152
Noncurrent Assets
Finance lease, right-of-use asset 26
Operating lease, right-of-use asset6501,5421,867
Property, plant and equipment2,3359,58711,6679,8686,5604,89758
Intangible assets, net (including goodwill) 7,15818,76820,85123,32725,7777,767
Goodwill 8687,6417,6417,6417,641 
Intangible assets, net (excluding goodwill) 6,29011,12813,21115,68718,1367,767
Deposits noncurrent assets  5555554385
Other noncurrent assets109551,6001,800   
Total noncurrent assets:3,09418,34333,96432,57429,94230,7167,910
TOTAL ASSETS:38,29830,86747,84158,35851,40337,78612,062
LIABILITIES AND EQUITY
Liabilities
Current Liabilities
Accounts payable and accrued liabilities7,4057,0646,6967,9596,2894,2261,190
Accounts payable3,7543,4924,2684,1712,9192,151498
Accrued liabilities2,8002,5242,4292,3402,3011,610214
Employee-related liabilities8511,048 1,4491,069465478
Deferred revenue100100916
Debt 22,5982,5832,4844,331 
Estimated litigation liability 7,900     
Disposal group, including discontinued operation1,683      
Deferred revenue and credits1554 
Other liabilities 2,300    1,174
Other undisclosed current liabilities2,0342,560 1,011  383
Total current liabilities:11,22319,92610,21011,5548,7888,6112,748
Noncurrent Liabilities
Long-term debt and lease obligation3431,1051,481 2,5833,067 
Long-term debt, excluding current maturities    2,5833,067 
Finance lease, liability  2
Operating lease, liability3431,1051,479
Liabilities, other than long-term debt8506,339113113485829 
Deferred revenue750850 
Deferred tax liabilities, net113485829 
Deferred income tax liabilities 113113
Other liabilities 891     
Derivative instruments and hedges, liabilities1004,485     
Total noncurrent liabilities:1,1927,4441,5941133,0683,896 
Total liabilities:12,41527,37011,80311,66611,85612,5072,748
Stockholders' equity
Stockholders' equity attributable to parent25,8833,49836,03746,69239,54725,2809,314
Preferred stock     00
Common stock15965321
Treasury stock, value(5)(5)(5)(5)(5)(5)(5)
Additional paid in capital303,959233,405218,351199,697153,547113,74178,339
Accumulated deficit(278,086)(229,912)(182,315)(153,004)(113,998)(88,459)(69,021)
Total stockholders' equity:25,8833,49836,03746,69239,54725,2809,314
TOTAL LIABILITIES AND EQUITY:38,29830,86747,84158,35851,40337,78612,062

Income statement (P&L) ($ in thousands)

12/31/2021
12/31/2020
12/31/2019
12/31/2018
12/31/2017
12/31/2016
12/31/2015
Revenues2,20916,52722,11415,08713,0736,474 
Revenue, net13,0736,474 
Cost of revenue
(Cost of Goods and Services Sold)
(6,872)(14,894)(15,479)(9,798)(7,420)(4,854) 
Gross profit:(4,663)1,6346,6355,2895,6531,620 
Operating expenses(27,406)(49,662)(35,986)(44,752)(30,442)(26,825)(13,850)
Other undisclosed operating loss (1,750)     
Operating loss:(32,069)(49,778)(29,351)(39,464)(24,789)(25,204)(13,850)
Nonoperating income (expense)(2,530)(389)5388(1,089)1,192278
Investment income, nonoperating 841762451029 
Interest and debt expense5,010(160)(123)(158)(231)(214) 
Other undisclosed income from continuing operations before equity method investments, income taxes     214 
Loss from continuing operations before equity method investments, income taxes:(29,590)(50,327)(29,421)(39,534)(26,110)(24,012)(13,572)
Other undisclosed income (loss) from continuing operations before income taxes(5,010)938123158231  
Loss from continuing operations before income taxes:(34,600)(49,389)(29,298)(39,376)(25,878)(24,012)(13,572)
Income tax expense (benefit)(1)(2)(9)3693394,575 
Loss from continuing operations:(34,600)(49,391)(29,307)(39,007)(25,539)(19,437)(13,572)
Loss from discontinued operations(11,228)      
Net loss attributable to parent:(45,828)(49,391)(29,307)(39,007)(25,539)(19,437)(13,572)
Preferred stock dividends and other adjustments     (1,374) 
Other undisclosed net income available to common stockholders, basic   78,014   
Net income (loss) available to common stockholders, basic:(45,828)(49,391)(29,307)39,007(25,539)(20,811)(13,572)
Dilutive securities, effect on basic earnings per share      (278)
Net income (loss) available to common stockholders, diluted:(45,828)(49,391)(29,307)39,007(25,539)(20,811)(13,850)

Comprehensive Income ($ in thousands)

12/31/2021
12/31/2020
12/31/2019
12/31/2018
12/31/2017
12/31/2016
12/31/2015
Net loss:(45,828)(49,391)(29,307)(39,007)(25,539)(19,437)(13,572)
Comprehensive loss, net of tax, attributable to parent:(45,828)(49,391)(29,307)(39,007)(25,539)(19,437)(13,572)

Statements sources

The financial statements are based on the company's filings with the 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.

Login to ReadyRatios

 

Have you forgotten your password?

Are you a new user?

Login As
You can log in if you are registered at one of these services: