Provectus Biopharmaceuticals Inc (PVCT) Financial Statements (2023 and Earlier)
Company Profile
| Business Address |
10025 INVESTMENT DRIVE KNOXVILLE, TN 37932 |
| 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)
| 12/31/2021 | 12/31/2020 | 12/31/2019 | 12/31/2018 | 12/31/2017 | 12/31/2016 | 12/31/2015 | |||
|---|---|---|---|---|---|---|---|---|---|
| ASSETS | |||||||||
| Current Assets | |||||||||
| Cash, cash equivalents, and short-term investments | 683 | 97 | 591 | 51 | 106 | 1,166 | 14,179 | ||
| Cash and cash equivalents | 683 | 97 | 591 | 51 | 106 | 1,166 | 14,179 | ||
| Restricted cash and investments | 2,424 | ||||||||
| Receivables | 5 | 55 | |||||||
| Prepaid expense | 330 | 323 | 350 | 370 | 400 | ||||
| Other current assets | 361 | 41 | |||||||
| Other undisclosed current assets | 4 | 595 | 452 | 300 | 500 | ||||
| Total current assets: | 3,442 | 424 | 996 | 1,017 | 958 | 1,826 | 14,720 | ||
| Noncurrent Assets | |||||||||
| Operating lease, right-of-use asset | 40 | 121 | 194 | ✕ | ✕ | ✕ | ✕ | ||
| Property, plant and equipment | 32 | 45 | 58 | 72 | 87 | 72 | 85 | ||
| Intangible assets, net (including goodwill) | (11,715) | 228 | 899 | 1,570 | 2,241 | 2,913 | |||
| Intangible assets, net (excluding goodwill) | (11,715) | 228 | 899 | 1,570 | 2,241 | 2,913 | |||
| Other noncurrent assets | 27 | ||||||||
| Other undisclosed noncurrent assets | 11,715 | 821 | 1,471 | 2,695 | |||||
| Total noncurrent assets: | 71 | 166 | 481 | 972 | 2,478 | 3,785 | 5,720 | ||
| TOTAL ASSETS: | 3,513 | 589 | 1,477 | 1,988 | 3,436 | 5,611 | 20,440 | ||
| LIABILITIES AND EQUITY | |||||||||
| Liabilities | |||||||||
| Current Liabilities | |||||||||
| Accounts payable and accrued liabilities | 3,301 | 5,233 | 2,446 | 4,102 | 3,999 | 2,142 | 4,123 | ||
| Accounts payable | 1,287 | 957 | 1,126 | 3,312 | 3,271 | 1,920 | 1,887 | ||
| Accrued liabilities | 2,002 | 1,501 | 1,255 | 790 | 729 | 222 | 386 | ||
| Interest and dividends payable | 11 | 2,775 | 65 | ||||||
| Settlement liabilities | 1,850 | ||||||||
| Debt | 1,260 | 16,622 | 576 | ||||||
| Due to related parties | 200 | 6,770 | |||||||
| Other undisclosed current liabilities | 2,940 | 2,087 | |||||||
| Total current liabilities: | 7,701 | 30,712 | 3,023 | 4,102 | 3,999 | 2,142 | 4,123 | ||
| Noncurrent Liabilities | |||||||||
| Long-term debt and lease obligation | 45 | 13,128 | 13,932 | ||||||
| Long-term debt, excluding current maturities | 12,997 | 13,932 | |||||||
| Operating lease, liability | 45 | 131 | ✕ | ✕ | ✕ | ✕ | |||
| Liabilities, other than long-term debt | 1,227 | 712 | |||||||
| Due to related parties | 1,227 | 712 | |||||||
| Other undisclosed noncurrent liabilities | (6) | 8,172 | 659 | 9,456 | |||||
| Total noncurrent liabilities: | 84 | 22,526 | 15,303 | 9,456 | |||||
| Total liabilities: | 7,701 | 30,796 | 25,549 | 19,406 | 13,455 | 2,142 | 4,123 | ||
| Stockholders' equity | |||||||||
| Stockholders' equity attributable to parent, including: | (4,187) | (30,206) | (24,072) | (17,417) | (10,019) | 3,469 | 16,317 | ||
| Preferred stock | 0 | ||||||||
| Common stock | 419 | 399 | 390 | 385 | 371 | 365 | 205 | ||
| Additional paid in capital | 241,440 | 209,923 | 209,379 | 209,092 | 208,351 | 208,328 | 196,908 | ||
| Accumulated other comprehensive loss | (34) | (34) | (24) | ||||||
| Accumulated deficit | (246,034) | (240,494) | (233,817) | (226,894) | (218,741) | (205,223) | (180,796) | ||
| Other undisclosed stockholders' equity attributable to parent | 22 | ||||||||
| Total stockholders' equity: | (4,187) | (30,206) | (24,072) | (17,417) | (10,019) | 3,469 | 16,317 | ||
| TOTAL LIABILITIES AND EQUITY: | 3,513 | 589 | 1,477 | 1,988 | 3,436 | 5,611 | 20,440 | ||
Income Statement (P&L) ($ in thousands)
| 12/31/2021 | 12/31/2020 | 12/31/2019 | 12/31/2018 | 12/31/2017 | 12/31/2016 | 12/31/2015 | ||
|---|---|---|---|---|---|---|---|---|
| Operating expenses | (4,672) | (4,964) | (6,300) | (8,054) | (13,721) | (24,512) | (24,654) | |
| Operating loss: | (4,672) | (4,964) | (6,300) | (8,054) | (13,721) | (24,512) | (24,654) | |
| Nonoperating income (expense) | (867) | (1,714) | 23 | 20 | 31 | 2 | 5 | |
| Investment income, nonoperating | 0 | 3 | 23 | 20 | 31 | 2 | 5 | |
| Interest and debt expense | 63 | (1,748) | (1,455) | (970) | ||||
| Loss from continuing operations before equity method investments, income taxes: | (5,476) | (8,426) | (7,732) | (9,004) | (13,690) | (24,510) | (24,649) | |
| Other undisclosed income (loss) from continuing operations before income taxes | (63) | 7,748 | 809 | 851 | ||||
| Loss from continuing operations before income taxes: | (5,540) | (678) | (6,923) | (8,153) | (13,690) | (24,510) | (24,649) | |
| Income tax expense (benefit) | (736) | (276) | 1,695 | 1,724 | ||||
| Net loss: | (6,275) | (953) | (5,228) | (6,429) | (13,690) | (24,510) | (24,649) | |
| Other undisclosed net income (loss) attributable to parent | 736 | (5,724) | (1,695) | (1,724) | 172 | 83 | 147 | |
| Net loss attributable to parent: | (5,540) | (6,678) | (6,923) | (8,153) | (13,518) | (24,427) | (24,502) | |
| Other undisclosed net loss available to common stockholders, basic | (14) | (4,432) | ||||||
| Net loss available to common stockholders, diluted: | (5,540) | (6,678) | (6,923) | (8,153) | (13,532) | (28,860) | (24,502) | |
Comprehensive Income ($ in thousands)
| 12/31/2021 | 12/31/2020 | 12/31/2019 | 12/31/2018 | 12/31/2017 | 12/31/2016 | 12/31/2015 | ||
|---|---|---|---|---|---|---|---|---|
| Net loss: | (6,275) | (953) | (5,228) | (6,429) | (13,690) | (24,510) | (24,649) | |
| Other comprehensive loss | (0) | (10) | (24) | |||||
| Comprehensive loss: | (6,275) | (963) | (5,252) | (6,429) | (13,690) | (24,510) | (24,649) | |
| Other undisclosed comprehensive income (loss), net of tax, attributable to parent | 736 | (5,724) | (1,695) | |||||
| Comprehensive loss, net of tax, attributable to parent: | (5,540) | (6,688) | (6,947) | (6,429) | (13,690) | (24,510) | (24,649) | |
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.