Cyclacel Pharmaceuticals, Inc. (CYCC) Financial Statements (2024 and earlier)
Company Profile
| Business Address |
200 CONNELL DRIVE BERKELEY HEIGHTS, NJ 07922 |
| 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)
| 9/30/2023 MRQ | 12/31/2022 | 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 | 18,345 | 36,559 | 33,406 | 11,885 | 17,504 | 23,910 | |||
| Cash and cash equivalents | 18,345 | 36,559 | 33,406 | 11,885 | 17,504 | 23,910 | |||
| Receivables | 356 | 434 | |||||||
| Prepaid expense | 703 | 543 | 363 | ||||||
| Deposits current assets | 66 | 132 | |||||||
| Other current assets | 426 | 79 | 66 | 103 | 170 | 81 | |||
| Other undisclosed current assets | 5,640 | 4,304 | 1,997 | 1,326 | 1,148 | 1,054 | |||
| Total current assets: | 24,411 | 40,942 | 35,469 | 14,017 | 19,787 | 25,974 | |||
| Noncurrent Assets | |||||||||
| Operating lease, right-of-use asset | 142 | 30 | 1,227 | 1,264 | ✕ | ✕ | |||
| Property, plant and equipment | 32 | 64 | 106 | 27 | 36 | 29 | |||
| Deposits noncurrent assets | 2,916 | 1,551 | |||||||
| Total noncurrent assets: | 3,090 | 1,645 | 1,333 | 1,291 | 36 | 29 | |||
| TOTAL ASSETS: | 27,501 | 42,587 | 36,802 | 15,308 | 19,823 | 26,003 | |||
| LIABILITIES AND EQUITY | |||||||||
| Liabilities | |||||||||
| Current Liabilities | |||||||||
| Accounts payable and accrued liabilities | 7,392 | 5,294 | 2,486 | 2,420 | 4,451 | 4,113 | |||
| Accounts payable | 2,561 | 2,117 | 514 | 890 | 2,719 | 1,558 | |||
| Accrued liabilities | 4,831 | 3,177 | 1,972 | 1,530 | 1,732 | 2,555 | |||
| Total current liabilities: | 7,392 | 5,294 | 2,486 | 2,420 | 4,451 | 4,113 | |||
| Noncurrent Liabilities | |||||||||
| Long-term debt and lease obligation: | 30 | 1,057 | 1,191 | ||||||
| Liabilities, other than long-term debt | 106 | 124 | |||||||
| Other liabilities | 124 | ||||||||
| Operating lease, liability | 106 | 30 | 1,057 | 1,191 | ✕ | ✕ | |||
| Other undisclosed noncurrent liabilities | (30) | 100 | |||||||
| Total noncurrent liabilities: | 106 | 30 | 1,057 | 1,191 | 100 | 124 | |||
| Total liabilities: | 7,498 | 5,324 | 3,543 | 3,611 | 4,551 | 4,237 | |||
| Temporary equity, carrying amount | 4,494 | ||||||||
| Equity | |||||||||
| Equity, attributable to parent | 15,509 | 37,263 | 33,259 | 11,697 | 15,272 | 21,766 | |||
| Common stock | 9 | 10 | 6 | 17 | 12 | 12 | |||
| Additional paid in capital | 422,973 | 422,960 | 400,071 | 370,126 | 365,817 | 365,057 | |||
| Accumulated other comprehensive loss | (1,316) | (748) | (746) | (819) | (760) | (794) | |||
| Accumulated deficit | (406,157) | (384,959) | (366,072) | (357,627) | (349,797) | (342,509) | |||
| Total equity: | 15,509 | 37,263 | 33,259 | 11,697 | 15,272 | 21,766 | |||
| TOTAL LIABILITIES AND EQUITY: | 27,501 | 42,587 | 36,802 | 15,308 | 19,823 | 26,003 | |||
Income Statement (P&L) ($ in thousands)
| 9/30/2023 TTM | 12/31/2022 | 12/31/2021 | 12/31/2020 | 12/31/2019 | 12/31/2018 | 12/31/2017 | ||
|---|---|---|---|---|---|---|---|---|
| Revenues | 150 | |||||||
| Cost of revenue | (38) | |||||||
| Gross profit: | (38) | 150 | ||||||
| Operating expenses | (27,656) | (22,938) | (10,636) | (9,644) | (9,698) | (9,491) | ||
| Operating loss: | (27,656) | (22,938) | (10,636) | (9,682) | (9,548) | (9,491) | ||
| Nonoperating income | 1,741 | 204 | 955 | 556 | 923 | 1,028 | ||
| Investment income, nonoperating | 210 | 16 | 42 | 224 | 331 | 118 | ||
| Gain (loss), foreign currency transaction, before tax | 233 | 44 | 22 | 101 | (90) | (39) | ||
| Other nonoperating income | 1,298 | 144 | 891 | 231 | 682 | 949 | ||
| Loss from continuing operations before income taxes: | (25,915) | (22,734) | (9,681) | (9,126) | (8,625) | (8,463) | ||
| Income tax benefit | 4,717 | 3,847 | 1,236 | 1,296 | 1,337 | 993 | ||
| Loss from continuing operations: | (21,198) | (18,887) | (8,445) | (7,830) | (7,288) | (7,470) | ||
| Loss before gain (loss) on sale of properties: | ✕ | ✕ | (18,887) | (8,445) | (7,830) | (7,288) | (7,470) | |
| Net loss attributable to parent: | (21,198) | (18,887) | (8,445) | (7,830) | (7,288) | (7,470) | ||
| Preferred stock dividends and other adjustments | (201) | (201) | (3,976) | (201) | (201) | (201) | ||
| Net loss available to common stockholders, basic: | (21,399) | (19,088) | (12,421) | (8,031) | (7,489) | (7,671) | ||
| Other undisclosed net loss available to common stockholders, diluted | (7,175) | |||||||
| Net loss available to common stockholders, diluted: | (21,399) | (19,088) | (12,421) | (8,031) | (7,489) | (14,846) | ||
Comprehensive Income ($ in thousands)
| 9/30/2023 TTM | 12/31/2022 | 12/31/2021 | 12/31/2020 | 12/31/2019 | 12/31/2018 | 12/31/2017 | ||
|---|---|---|---|---|---|---|---|---|
| Net loss: | (21,198) | (18,887) | (8,445) | (7,830) | (7,288) | (7,470) | ||
| Comprehensive loss: | (21,198) | (18,887) | (8,445) | (7,830) | (7,288) | (7,470) | ||
| Other undisclosed comprehensive income (loss), net of tax, attributable to parent | (568) | (2) | 73 | (59) | 34 | (51) | ||
| Comprehensive loss, net of tax, attributable to parent: | (21,766) | (18,889) | (8,372) | (7,889) | (7,254) | (7,521) | ||
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.