Baudax Bio, Inc. (BXRX) financial statements (2022 and earlier)

Company profile

Business Address 490 LAPP ROAD
MALVERN, PA 19355
State of Incorp. PA
Fiscal Year End December 31
SIC 809 - Miscellaneous Health And Allied Services, Not (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
ASSETS
Current Assets
Cash, cash equivalents, and short-term investments15,89130,34217,740
Cash and cash equivalents15,89130,34217,740
Receivables54251273
Inventory, net of allowances, customer advances and progress billings5,0022,978 
Inventory5,0022,978 
Other undisclosed current assets2,0593,3462,122
Total current assets:23,49436,71720,135
Noncurrent Assets
Operating lease, right-of-use asset 583730
Property, plant and equipment5,0155,0524,821
Intangible assets, net (including goodwill)23,80526,3812,127
Goodwill2,1272,1272,127
Intangible assets, net (excluding goodwill)21,67824,254 
Other noncurrent assets963  
Other undisclosed noncurrent assets  26,400
Total noncurrent assets:29,78332,01634,078
TOTAL ASSETS:53,27768,73354,213
LIABILITIES AND EQUITY
Liabilities
Current Liabilities
Accounts payable and accrued liabilities6,8518,6463,803
Accounts payable1,4683,653271
Accrued liabilities1,7514,9933,532
Employee-related liabilities3,516  
Interest and dividends payable116  
Debt2,222683318
Business combination, contingent consideration, liability6,4168,4673,592
Other undisclosed current liabilities157333 
Total current liabilities:15,64618,1297,713
Noncurrent Liabilities
Long-term debt and lease obligation6,3098,762455
Long-term debt, excluding current maturities6,3098,469 
Operating lease, liability 293455
Liabilities, other than long-term debt18,09656,57662,766
Other liabilities650  
Business combination, contingent consideration, liability17,44656,57662,766
Other undisclosed noncurrent liabilities 65 
Total noncurrent liabilities:24,40565,40363,221
Total liabilities:40,05183,53270,934
Stockholders' equity
Stockholders' equity attributable to parent13,226(14,799)(16,721)
Common stock98348794
Additional paid in capital144,33297,03419,405
Accumulated deficit(132,089)(112,320)(36,220)
Total stockholders' equity:13,226(14,799)(16,721)
TOTAL LIABILITIES AND EQUITY:53,27768,73354,213

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

12/31/2021
12/31/2020
12/31/2019
Revenues1,0801,964206
Revenue from related parties 1,964206
Cost of revenue(2,445)(1,732) 
Gross profit:(1,365)232206
Operating expenses(51,011)(54,568)(32,519)
Other undisclosed operating income (loss)33,370(20,450)(206)
Operating loss:(19,006)(74,786)(32,519)
Nonoperating income (expense)1,54045(38)
Interest and debt expense(3,856)(1,359) 
Loss from continuing operations before equity method investments, income taxes:(21,322)(76,100)(32,557)
Other undisclosed income from continuing operations before income taxes1,553  
Loss from continuing operations before income taxes:(19,769)(76,100)(32,557)
Income tax benefit3,25215,7426,664
Loss before gain (loss) on sale of properties:(16,517)(60,358)(25,893)
Other undisclosed net loss(3,252)(15,742)(6,664)
Net loss attributable to parent:(19,769)(76,100)(32,557)
Other undisclosed net loss available to common stockholders, basic(2,422)  
Net loss available to common stockholders, diluted:(22,191)(76,100)(32,557)

Comprehensive Income ($ in thousands)

12/31/2021
12/31/2020
12/31/2019
Net loss:(19,769)(76,100)(32,557)
Comprehensive loss, net of tax, attributable to parent:(19,769)(76,100)(32,557)

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: