Adynxx, Inc. (ADYX) Financial Statements (2023 and earlier)
Company Profile
| Business Address |
100 PINE ST., STE. 500 SAN FRANCISCO, CA 94111 |
| State of Incorp. | DE |
| Fiscal Year End | December 31 |
| Industry (SIC) | 3841 - Surgical and Medical Instruments and Apparatus (benchmarking) |
| More info | Complete Financial Analysis Financial Benchmarking |
Balance Sheet (Statement of Financial Position) ($ in thousands)
| 9/30/2019 MRQ | 12/31/2018 | 12/31/2017 | 12/31/2016 | 12/31/2015 | 12/31/2014 | 12/31/2013 | |||
|---|---|---|---|---|---|---|---|---|---|
| ASSETS | |||||||||
| Current Assets | |||||||||
| Cash, cash equivalents, and short-term investments | 8,880 | 2,181 | 5,580 | 26,080 | 16,771 | 12,101 | |||
| Cash and cash equivalents | 8,880 | 2,181 | 5,580 | 26,080 | 16,771 | 12,101 | |||
| Receivables | 34 | 3,243 | 2,760 | ||||||
| Inventory, net of allowances, customer advances and progress billings | 101 | 1,551 | 2,702 | 3,133 | 1,412 | 501 | |||
| Inventory | 101 | 1,551 | 2,702 | 3,133 | 1,412 | 501 | |||
| Disposal group, including discontinued operation | 60 | 317 | |||||||
| Other undisclosed current assets | 226 | 185 | 735 | 3,459 | 1,446 | 245 | |||
| Total current assets: | 9,301 | 7,477 | 11,777 | 32,672 | 19,629 | 12,847 | |||
| Noncurrent Assets | |||||||||
| Property, plant and equipment | 200 | 1,563 | 2,092 | 1,847 | 1,434 | 1,745 | |||
| Intangible assets, net (including goodwill) | 23,728 | 40,457 | 55,060 | 8,488 | 2,684 | ||||
| Goodwill | 1,659 | 11,959 | 21,166 | 4,100 | 426 | ||||
| Intangible assets, net (excluding goodwill) | 22,069 | 28,498 | 33,894 | 4,387 | 2,258 | ||||
| Other noncurrent assets | 178 | 173 | 173 | 173 | 173 | 175 | |||
| Total noncurrent assets: | 378 | 25,464 | 42,722 | 57,080 | 10,095 | 4,604 | |||
| TOTAL ASSETS: | 9,679 | 32,941 | 54,499 | 89,752 | 29,724 | 17,452 | |||
| LIABILITIES AND EQUITY | |||||||||
| Liabilities | |||||||||
| Current Liabilities | |||||||||
| Accounts payable and accrued liabilities | 949 | 5,911 | 7,898 | 5,768 | 5,354 | 2,015 | |||
| Employee-related liabilities | 1,528 | ||||||||
| Accounts payable | 564 | 1,641 | 2,612 | 2,638 | 1,758 | 747 | |||
| Accrued liabilities | 385 | 4,270 | 5,286 | 3,130 | 2,068 | 1,268 | |||
| Debt | 10,929 | 11,541 | |||||||
| Derivative instruments and hedges, liabilities | 156 | 130 | 20 | 861 | 304 | 933 | |||
| Disposal group, including discontinued operation | 271 | ||||||||
| Business combination, contingent consideration, liability | 675 | 5,147 | ✕ | ||||||
| Other liabilities | 25 | ||||||||
| Other undisclosed current liabilities | (1,528) | 381 | |||||||
| Total current liabilities: | 1,376 | 16,970 | 20,134 | 11,775 | 4,130 | 3,353 | |||
| Noncurrent Liabilities | |||||||||
| Long-term debt and lease obligation | 51 | 304 | 385 | 12,126 | 84 | ||||
| Long-term debt, excluding current maturities | 51 | 304 | 385 | 12,126 | 84 | ||||
| Liabilities, other than long-term debt | 1,890 | 13,349 | 67 | 53 | |||||
| Deferred tax liabilities, net | ✕ | 749 | 1,468 | 67 | 53 | ||||
| Business combination, contingent consideration, liability | 1,141 | 11,881 | ✕ | ||||||
| Other undisclosed noncurrent liabilities | 76 | 2,932 | 92 | ||||||
| Total noncurrent liabilities: | 51 | 304 | 2,275 | 25,552 | 3,083 | 145 | |||
| Total liabilities: | 1,427 | 17,274 | 22,409 | 37,327 | 7,212 | 3,499 | |||
| Equity | |||||||||
| Equity, attributable to parent | 8,252 | 15,667 | 32,090 | 52,425 | 22,511 | 13,953 | |||
| Common stock | 5 | 5 | 30 | 28 | 16 | 11 | |||
| Additional paid in capital | 166,674 | 165,672 | 156,363 | 148,457 | 92,538 | 58,538 | |||
| Accumulated deficit | (158,427) | (150,010) | (124,303) | (96,060) | (70,043) | (44,597) | |||
| Total equity: | 8,252 | 15,667 | 32,090 | 52,425 | 22,511 | 13,953 | |||
| TOTAL LIABILITIES AND EQUITY: | 9,679 | 32,941 | 54,499 | 89,752 | 29,724 | 17,452 | |||
Income Statement (P&L) ($ in thousands)
| 9/30/2019 TTM | 12/31/2018 | 12/31/2017 | 12/31/2016 | 12/31/2015 | 12/31/2014 | 12/31/2013 | ||
|---|---|---|---|---|---|---|---|---|
| Revenues | 2,216 | 19,565 | 18,240 | 15,041 | 4,786 | 1,798 | ||
| Revenue, net | ✕ | ✕ | 37,800 | 24,700 | 8 | 8 | ||
| Cost of revenue | (1,720) | (6,763) | (6,655) | (6,050) | (3,271) | (2,097) | ||
| Financial services costs | ✕ | ✕ | 650 | (1,020) | ||||
| Gross profit: | 496 | 12,802 | 11,585 | 8,991 | 1,515 | (299) | ||
| Operating expenses | (5,792) | (39,001) | (42,773) | (37,297) | (26,934) | (19,833) | ||
| Operating loss: | (5,296) | (26,199) | (31,188) | (28,306) | (25,418) | (20,132) | ||
| Nonoperating income (expense) | (1,708) | (2,401) | (1,931) | 571 | (13) | (1,835) | ||
| Investment income, nonoperating | 24 | 42 | 42 | 31 | 3 | |||
| Debt instrument, convertible, beneficial conversion feature | 978 | 978 | ||||||
| Interest and debt expense | (1,706) | (214) | (373) | (1,565) | (0) | (5) | ||
| Loss from continuing operations before equity method investments, income taxes: | (8,710) | (28,814) | (33,492) | (29,300) | (25,432) | (21,973) | ||
| Other undisclosed income from continuing operations before income taxes | 1,706 | 214 | 373 | 1,565 | 0 | |||
| Loss from continuing operations before income taxes: | (7,004) | (28,600) | (33,119) | (27,735) | (25,431) | (21,973) | ||
| Income tax expense (benefit) | 743 | 715 | 1,718 | (14) | (9) | |||
| Loss from continuing operations: | (7,004) | (27,857) | (32,404) | (26,017) | (25,445) | (21,982) | ||
| Loss before gain (loss) on sale of properties: | (13,905) | (27,857) | (32,404) | (26,017) | (25,445) | (21,982) | ||
| Loss from discontinued operations | (6,901) | |||||||
| Net loss: | (13,905) | (27,857) | (32,404) | (26,017) | (25,445) | (21,982) | ||
| Other undisclosed net income attributable to parent | 5,488 | 2,150 | 4,161 | 5 | ||||
| Net loss attributable to parent: | (8,417) | (25,707) | (28,243) | (26,017) | (25,445) | (21,977) | ||
| Preferred stock dividends and other adjustments | (462) | |||||||
| Net loss available to common stockholders, diluted: | (8,417) | (25,707) | (28,243) | (26,017) | (25,445) | (22,439) | ||
Comprehensive Income ($ in thousands)
| 9/30/2019 TTM | 12/31/2018 | 12/31/2017 | 12/31/2016 | 12/31/2015 | 12/31/2014 | 12/31/2013 | ||
|---|---|---|---|---|---|---|---|---|
| Net loss: | (13,905) | (27,857) | (32,404) | (26,017) | (25,445) | (21,982) | ||
| Comprehensive loss, net of tax, attributable to parent: | (13,905) | (27,857) | (32,404) | (26,017) | (25,445) | (21,982) | ||
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.