Inhibrx, Inc. (INBX) Financial Statements (2024 and earlier)
Company Profile
| Business Address |
11025 N. TORREY PINES ROAD, SUITE 200 LA JOLLA, CA 92037 |
| State of Incorp. | CA |
| Fiscal Year End | December 31 |
| Industry (SIC) | 2836 - Biological Products, Except Diagnostic Substances (benchmarking) |
| More info | Complete Financial Analysis Financial Benchmarking |
Balance Sheet (Statement of Financial Position) ($ in thousands)
| 12/31/2023 | 12/31/2022 | 12/31/2021 | 12/31/2020 | |||
|---|---|---|---|---|---|---|
| ASSETS | ||||||
| Current Assets | ||||||
| Cash, cash equivalents, and short-term investments | 273,865 | 131,301 | 128,664 | |||
| Cash and cash equivalents | 273,865 | 131,301 | 128,664 | |||
| Receivables | 257 | 878 | 615 | |||
| Prepaid expense | 5,697 | 6,343 | 2,204 | |||
| Other current assets | 674 | 590 | 689 | |||
| Other undisclosed current assets | ||||||
| Total current assets: | 280,493 | 139,112 | 132,172 | |||
| Noncurrent Assets | ||||||
| Operating lease, right-of-use asset | 4,717 | 6,338 | 7,831 | |||
| Property, plant and equipment | 2,501 | 3,153 | 3,492 | |||
| Other noncurrent assets | 3,164 | 1,847 | 245 | |||
| Total noncurrent assets: | 10,382 | 11,338 | 11,568 | |||
| TOTAL ASSETS: | 290,875 | 150,450 | 143,740 | |||
| LIABILITIES AND EQUITY | ||||||
| Liabilities | ||||||
| Current Liabilities | ||||||
| Accounts payable and accrued liabilities | 25,550 | 18,746 | 26,815 | |||
| Accounts payable | 8,326 | 9,125 | 13,458 | |||
| Accrued liabilities | 17,224 | 9,621 | 13,357 | |||
| Deferred revenue | 166 | 2,034 | 3,081 | |||
| Other undisclosed current liabilities | 1,860 | 1,674 | 1,503 | |||
| Total current liabilities: | 27,576 | 22,454 | 31,399 | |||
| Noncurrent Liabilities | ||||||
| Long-term debt and lease obligation | 202,069 | 75,503 | 35,951 | |||
| Long-term debt, excluding current maturities | 202,069 | 70,470 | 29,244 | |||
| Liabilities, other than long-term debt | 3,173 | 110 | 917 | |||
| Deferred revenue | 110 | 737 | ||||
| Other liabilities | 180 | |||||
| Operating lease, liability | 3,173 | 5,033 | 6,707 | |||
| Total noncurrent liabilities: | 205,242 | 75,613 | 36,868 | |||
| Total liabilities: | 232,818 | 98,067 | 68,267 | |||
| Equity | ||||||
| Equity, attributable to parent | 58,057 | 52,383 | 75,473 | |||
| Common stock | 4 | 4 | 4 | |||
| Additional paid in capital | 430,426 | 279,526 | 220,848 | |||
| Accumulated deficit | (372,373) | (227,147) | (145,379) | |||
| Total equity: | 58,057 | 52,383 | 75,473 | |||
| TOTAL LIABILITIES AND EQUITY: | 290,875 | 150,450 | 143,740 | |||
Income Statement (P&L) ($ in thousands)
| 12/31/2023 | 12/31/2022 | 12/31/2021 | 12/31/2020 | ||
|---|---|---|---|---|---|
| Revenues | 2,192 | 7,231 | 12,888 | ||
| Gross profit: | 2,192 | 7,231 | 12,888 | ||
| Operating expenses | (131,309) | (83,795) | (80,331) | ||
| Operating loss: | (129,117) | (76,564) | (67,443) | ||
| Nonoperating expense | (16,106) | (5,202) | (8,191) | ||
| Loss from continuing operations before equity method investments, income taxes: | (145,223) | (81,766) | (75,634) | ||
| Loss from equity method investments | (487) | ||||
| Loss from continuing operations before income taxes: | (145,223) | (81,766) | (76,121) | ||
| Income tax expense | (3) | (2) | (3) | ||
| Loss from continuing operations: | (145,226) | (81,768) | (76,124) | ||
| Loss before gain (loss) on sale of properties: | ✕ | ✕ | (81,768) | (76,124) | |
| Net loss available to common stockholders, diluted: | (145,226) | (81,768) | (76,124) | ||
Comprehensive Income ($ in thousands)
| 12/31/2023 | 12/31/2022 | 12/31/2021 | 12/31/2020 | ||
|---|---|---|---|---|---|
| Net loss: | (145,226) | (81,768) | (76,124) | ||
| Comprehensive loss, net of tax, attributable to parent: | (145,226) | (81,768) | (76,124) | ||
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.