Biohaven Pharmaceutical Holding Company Ltd. (BHVN) financial statements (2023 and earlier)
Company profile
| Business Address |
215 CHURCH STREET NEW HAVEN, CT 06510 |
| State of Incorp. | |
| Fiscal Year End | December 31 |
| SIC | 2834 - Pharmaceutical Preparations (benchmarking) |
| More info | Complete financial analysis Financial benchmarking |
Balance sheet (Statement of financial position) ($ in millions)
| 12/31/2021 | 12/31/2020 | 12/31/2019 | 12/31/2018 | 12/31/2017 | |||
|---|---|---|---|---|---|---|---|
| ASSETS | |||||||
| Current Assets | |||||||
| Cash, cash equivalents, and short-term investments | 365 | 355 | 317 | 264 | 131 | ||
| Cash and cash equivalents | 172 | 132 | 317 | 264 | 131 | ||
| Short-term investments | 193 | 223 | |||||
| Restricted cash and investments | 1 | ||||||
| Receivables | 308 | 120 | |||||
| Inventory, net of allowances, customer advances and progress billings | 81 | 40 | |||||
| Inventory | 81 | 40 | |||||
| Prepaid expense | 89 | 4 | 7 | 5 | |||
| Other current assets | 34 | 15 | 0 | 0 | 0 | ||
| Other undisclosed current assets | 73 | 8 | 0 | 0 | |||
| Total current assets: | 876 | 603 | 328 | 272 | 137 | ||
| Noncurrent Assets | |||||||
| Inventory, Noncurrent | 88 | ||||||
| Finance lease, right-of-use asset | 9 | ✕ | ✕ | ||||
| Operating lease, right-of-use asset | 5 | 6 | ✕ | ✕ | |||
| Property, plant and equipment | 15 | 9 | 8 | 6 | 2 | ||
| Long-term investments and receivables | 1 | 5 | 11 | 8 | |||
| Long-term investments | 1 | 5 | 11 | 8 | |||
| Intangible assets, net (including goodwill) | 56 | 39 | |||||
| Intangible assets, net (excluding goodwill) | 56 | 39 | |||||
| Restricted cash and investments | 1 | 1 | |||||
| Other undisclosed noncurrent assets | 27 | 27 | 2 | 0 | 0 | ||
| Total noncurrent assets: | 201 | 84 | 16 | 18 | 10 | ||
| TOTAL ASSETS: | 1,077 | 687 | 344 | 290 | 147 | ||
| LIABILITIES AND EQUITY | |||||||
| Liabilities | |||||||
| Current Liabilities | |||||||
| Accounts payable and accrued liabilities | 472 | 214 | 66 | 20 | 9 | ||
| Accounts payable | 52 | 48 | 14 | 11 | 5 | ||
| Accrued liabilities | 420 | 166 | 52 | 9 | 5 | ||
| Financial instruments subject to mandatory redemption, settlement terms, share value, amount | 63 | 63 | |||||
| Total current liabilities: | 534 | 277 | 66 | 20 | 9 | ||
| Noncurrent Liabilities | |||||||
| Long-term debt and lease obligation | 7 | 11 | |||||
| Finance lease, liability | 4 | 8 | ✕ | ✕ | |||
| Operating lease, liability | 3 | 3 | ✕ | ✕ | |||
| Liabilities, other than long-term debt | 181 | 147 | 141 | 2 | 1 | ||
| Financial instruments subject to mandatory redemption, settlement terms, share value, amount | 156 | 112 | 104 | ||||
| Other liabilities | 12 | 21 | 0 | 2 | 1 | ||
| Derivative instruments and hedges, liabilities | 13 | 14 | 38 | ||||
| Other undisclosed noncurrent liabilities | 1,038 | 585 | 144 | 118 | 4 | ||
| Total noncurrent liabilities: | 1,226 | 742 | 286 | 120 | 5 | ||
| Total liabilities: | 1,760 | 1,019 | 352 | 139 | 15 | ||
| Temporary equity, carrying amount | 60 | 60 | |||||
| Stockholders' equity | |||||||
| Stockholders' equity attributable to parent | (739) | (390) | (7) | 151 | 132 | ||
| Common stock | 1,677 | 1,250 | 881 | 554 | 311 | ||
| Additional paid in capital | 170 | 99 | 84 | 40 | 24 | ||
| Accumulated other comprehensive income (loss) | (0) | 0 | |||||
| Accumulated deficit | (2,586) | (1,739) | (972) | (444) | (203) | ||
| Stockholders' equity attributable to noncontrolling interest | (4) | (2) | |||||
| Total stockholders' equity: | (743) | (392) | (7) | 151 | 132 | ||
| TOTAL LIABILITIES AND EQUITY: | 1,077 | 687 | 344 | 290 | 147 | ||
Income statement (P&L) ($ in millions)
| 12/31/2021 | 12/31/2020 | 12/31/2019 | 12/31/2018 | 12/31/2017 | ||
|---|---|---|---|---|---|---|
| Revenues | 463 | 64 | ||||
| Cost of revenue (Cost of Goods and Services Sold) | (92) | (18) | ||||
| Gross profit: | 371 | 46 | ||||
| Operating expenses | (1,075) | (691) | (479) | (225) | (108) | |
| Operating loss: | (704) | (645) | (479) | (225) | (108) | |
| Nonoperating expense | (139) | (113) | (49) | (16) | (19) | |
| Other nonoperating expense | (7) | (4) | (0) | (0) | (19) | |
| Interest and debt expense | (1) | (0) | (13) | (0) | (1) | |
| Other undisclosed income from continuing operations before equity method investments, income taxes | 13 | 0 | 1 | |||
| Loss from continuing operations before equity method investments, income taxes: | (844) | (759) | (528) | (240) | (126) | |
| Other undisclosed income from continuing operations before income taxes | 1 | 0 | ||||
| Loss from continuing operations before income taxes: | (843) | (758) | (528) | (240) | (126) | |
| Income tax expense | (5) | (10) | (0) | (0) | (1) | |
| Net loss: | (848) | (769) | (529) | (241) | (127) | |
| Net income attributable to noncontrolling interest | 2 | 2 | ||||
| Net loss attributable to parent: | (847) | (767) | (529) | (241) | (127) | |
| Other undisclosed net loss available to common stockholders, basic | (12) | |||||
| Net loss available to common stockholders, diluted: | (847) | (767) | (529) | (241) | (139) | |
Comprehensive Income ($ in millions)
| 12/31/2021 | 12/31/2020 | 12/31/2019 | 12/31/2018 | 12/31/2017 | ||
|---|---|---|---|---|---|---|
| Net loss: | (848) | (769) | (529) | (241) | (127) | |
| Other comprehensive income (loss) | (0) | 0 | ||||
| Comprehensive loss: | (849) | (768) | (529) | (241) | (127) | |
| Comprehensive income, net of tax, attributable to noncontrolling interest | 2 | 2 | ||||
| Comprehensive loss, net of tax, attributable to parent: | (847) | (766) | (529) | (241) | (127) | |
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.