MannKind Corporation (MNKD) financial statements (2021 and earlier)

Company profile

Business Address 30930 RUSSELL RANCH ROAD
WESTLAKE VILLAGE, CA 91362
State of Incorp. DE
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)

12/31/2020
12/31/2019
12/31/2018
12/31/2017
12/31/2016
12/31/2015
12/31/2014
ASSETS
Current Assets
Cash, cash equivalents, and short-term investments675071442359121
Cash and cash equivalents673071442359121
Short-term investments 20     
Restricted cash and investments0014   
Receivables44430050
Inventory, net of allowances, customer advances and progress billings54432 10
Inventory54432 10
Prepaid expense      15
Deferred costs   0014 
Assets held-for-sale, not part of disposal group    17 
Other undisclosed current assets33333545
Total current assets:796182577777201
Noncurrent Assets
Nontrade receivables      0
Property, plant and equipment262726272949192
Other noncurrent assets3600111
Total noncurrent assets:293326273050193
TOTAL ASSETS:1099410885107126394
LIABILITIES AND EQUITY
Liabilities
Current Liabilities
Accounts payable and accrued liabilities25212019112451
Accounts payable65573167
Accrued liabilities201615128826
Employee-related liabilities      15
Interest and dividends payable      2
Deferred revenue3333
Debt 511537175172
Deferred revenue and credits33158197
Contract with customer, liability37
Other undisclosed current liabilities157712612(17)
Total current liabilities:7466758892268403
Noncurrent Liabilities
Long-term debt and lease obligation6819242828 
Long-term debt, excluding current maturities5519242828 
Operating lease, liability13
Liabilities, other than long-term debt65788380576565
Deferred revenue28
Contract with customer, liability11
Due to related parties63707280505050
Other liabilities     1515
Derivative instruments and hedges, liabilities    7  
Other undisclosed noncurrent liabilities144133106108114116 
Total noncurrent liabilities:21521920821219920865
Total liabilities:289284283299291477468
Stockholders' equity
Stockholders' equity attributable to parent(180)(191)(175)(215)(184)(350)(74)
Common stock2221544
Additional paid in capital2,8662,7992,7632,6392,5492,5092,417
Accumulated other comprehensive loss (0)(0)(0)(0)(0)(0)
Accumulated deficit(3,049)(2,992)(2,940)(2,855)(2,738)(2,863)(2,495)
Total stockholders' equity:(180)(191)(175)(215)(184)(350)(74)
TOTAL LIABILITIES AND EQUITY:1099410885107126394

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

12/31/2020
12/31/2019
12/31/2018
12/31/2017
12/31/2016
12/31/2015
12/31/2014
Revenues65632812175  
Revenue, net12175  
Cost of revenue(30)(25)(19)(27)(38)(36) 
Cost of goods and services sold(15)(20)(19)(20)(17)(36) 
Gross profit:35388(15)137(36) 
Operating expenses(83)(83)(88)(93)(70)(345)(180)
Other undisclosed operating income  3  36 
Operating income (loss):(48)(45)(77)(108)67(345)(180)
Nonoperating income (expense)(10)(7)(10)(9)5812
Other nonoperating income (expense)0(1)(0)0(1)12
Interest and debt expense(0)4(0)(0)72(1)(20)
Income (loss) from continuing operations before equity method investments, income taxes:(58)(48)(87)(117)198(344)(198)
Other undisclosed income (loss) from continuing operations before income taxes0(4)00(72)(24)(0)
Income (loss) from continuing operations before income taxes:(57)(52)(87)(117)126(368)(198)
Income tax expense (benefit)05(0)(0)   
Income (loss) before gain (loss) on sale of properties:(57)(47)(87)(117)126(368)(198)
Other undisclosed net loss (5)     
Net income (loss) available to common stockholders, diluted:(57)(52)(87)(117)126(368)(198)

Comprehensive Income ($ in millions)

12/31/2020
12/31/2019
12/31/2018
12/31/2017
12/31/2016
12/31/2015
12/31/2014
Net income (loss):(57)(52)(87)(117)126(368)(198)
Other comprehensive loss     (0)(0)
Comprehensive income (loss):(57)(52)(87)(117)126(368)(198)
Other undisclosed comprehensive income (loss), net of tax, attributable to parent(0) (0)0(0)  
Comprehensive income (loss), net of tax, attributable to parent:(57)(52)(87)(117)126(368)(198)

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.

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