REGENXBIO Inc. (RGNX) Financial Statements (2024 and earlier)
Company Profile
| Business Address |
9804 MEDICAL CENTER DRIVE ROCKVILLE, MD 20850 |
| State of Incorp. | |
| 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 | 12/31/2019 | 12/31/2018 | 12/31/2017 | |||
|---|---|---|---|---|---|---|---|---|---|
| ASSETS | |||||||||
| Current Assets | |||||||||
| Cash, cash equivalents, and short-term investments, including: | 565,200 | 849,300 | 522,500 | 400,000 | 470,600 | 176,400 | |||
| Cash and cash equivalents | 96,952 | 345,209 | 338,426 | 69,514 | 75,561 | 46,656 | |||
| Short-term investments | 267,690 | 112,230 | 137,314 | 226,696 | 244,200 | 114,122 | |||
| Other undisclosed cash, cash equivalents, and short-term investments | 200,558 | 391,861 | 46,760 | 103,790 | 150,839 | 15,622 | |||
| Receivables | 28,082 | 32,439 | 42,999 | 38,148 | 8,587 | 473 | |||
| Prepaid expense | 13,900 | 18,752 | 10,505 | 6,475 | 5,734 | 5,334 | |||
| Other current assets | 9,352 | 10,196 | 1,953 | 4,199 | 3,831 | 1,412 | |||
| Other undisclosed current assets | (200,558) | (391,861) | (46,760) | (103,790) | (150,839) | (15,622) | |||
| Total current assets: | 415,976 | 518,826 | 531,197 | 345,032 | 337,913 | 167,997 | |||
| Noncurrent Assets | |||||||||
| Operating lease, right-of-use asset | 65,116 | 60,904 | 63,815 | 10,078 | ✕ | ✕ | |||
| Property, plant and equipment | 141,685 | 131,547 | 56,467 | 28,973 | 28,702 | 13,977 | |||
| Long-term investments and receivables | 202,064 | 394,169 | 50,076 | 107,940 | 173,831 | 15,616 | |||
| Long-term investments | 200,560 | 391,907 | 46,809 | 103,785 | 150,819 | 15,616 | |||
| Accounts and financing receivable, after allowance for credit loss | 1,504 | 2,262 | 3,267 | 4,155 | 23,012 | ||||
| Restricted cash and investments | 2,030 | 2,030 | 1,330 | 1,330 | 1,053 | 225 | |||
| Other noncurrent assets | 6,397 | 6,428 | 5,279 | 4,555 | 2,315 | 862 | |||
| Total noncurrent assets: | 417,292 | 595,078 | 176,967 | 152,876 | 205,901 | 30,680 | |||
| TOTAL ASSETS: | 833,268 | 1,113,904 | 708,164 | 497,908 | 543,814 | 198,677 | |||
| LIABILITIES AND EQUITY | |||||||||
| Liabilities | |||||||||
| Current Liabilities | |||||||||
| Accounts payable and accrued liabilities | 46,030 | 43,305 | 27,088 | 17,541 | 14,691 | 10,857 | |||
| Taxes payable | ✕ | ✕ | 11,325 | 3,135 | 726 | ||||
| Employee-related liabilities | ✕ | ✕ | 19,849 | 13,155 | 10,903 | 9,484 | 5,789 | ||
| Accounts payable | 27,213 | 11,387 | 10,622 | 6,409 | 4,412 | 4,832 | |||
| Accrued liabilities | 18,817 | 744 | 176 | 229 | 69 | 236 | |||
| Deferred revenue | 1,829 | 3,333 | 449 | ✕ | ✕ | ||||
| Debt | 2,421 | ||||||||
| Contract with customer, liability | ✕ | ✕ | ✕ | ✕ | ✕ | 600 | ✕ | ||
| Other undisclosed current liabilities | 82,575 | 83,834 | 53,910 | 13,714 | 6,885 | 3,580 | |||
| Total current liabilities: | 130,434 | 130,472 | 81,447 | 33,676 | 22,176 | 14,437 | |||
| Noncurrent Liabilities | |||||||||
| Long-term debt and lease obligation: | 84,929 | 70,153 | 8,874 | ||||||
| Liabilities, other than long-term debt | 97,634 | 745 | 4,307 | 5,161 | 6,936 | 1,211 | |||
| Deferred revenue and credits | ✕ | ✕ | ✕ | ✕ | ✕ | ✕ | 1,211 | ||
| Deferred revenue | 3,783 | 3,333 | ✕ | ✕ | |||||
| Contract with customer, liability | ✕ | ✕ | ✕ | ✕ | ✕ | 3,333 | ✕ | ||
| Deferred rent credit | 1,098 | ✕ | |||||||
| Other liabilities | 8,832 | 745 | 524 | 1,828 | 2,505 | ||||
| Operating lease, liability | 88,802 | 84,929 | 70,153 | 8,874 | ✕ | ✕ | |||
| Other undisclosed noncurrent liabilities | 89,005 | 133,460 | 174,504 | 5,854 | |||||
| Total noncurrent liabilities: | 186,639 | 219,134 | 248,964 | 14,035 | 12,790 | 1,211 | |||
| Total liabilities: | 317,073 | 349,606 | 330,411 | 47,711 | 34,966 | 15,648 | |||
| Equity | |||||||||
| Equity, attributable to parent | 516,195 | 764,298 | 377,753 | 450,197 | 508,848 | 183,029 | |||
| Common stock | 4 | 4 | 4 | 4 | 4 | 3 | |||
| Additional paid in capital | 973,145 | 928,095 | 667,181 | 627,810 | 592,580 | 371,497 | |||
| Accumulated other comprehensive income (loss) | (15,401) | (2,569) | (360) | 205 | (720) | (715) | |||
| Accumulated deficit | (441,553) | (161,232) | (289,072) | (177,822) | (83,016) | (187,756) | |||
| Total equity: | 516,195 | 764,298 | 377,753 | 450,197 | 508,848 | 183,029 | |||
| TOTAL LIABILITIES AND EQUITY: | 833,268 | 1,113,904 | 708,164 | 497,908 | 543,814 | 198,677 | |||
Income Statement (P&L) ($ in thousands)
| 12/31/2023 | 12/31/2022 | 12/31/2021 | 12/31/2020 | 12/31/2019 | 12/31/2018 | 12/31/2017 | ||
|---|---|---|---|---|---|---|---|---|
| Revenues | 112,724 | 470,347 | 154,567 | 35,233 | 218,505 | 10,393 | ||
| Revenue, net | ✕ | ✕ | ✕ | ✕ | ✕ | ✕ | 10,393 | |
| Cost of revenue | (54,545) | (51,833) | (43,689) | (8,241) | (9,682) | (1,825) | ||
| Cost of goods and services sold | (54,545) | (51,833) | (35,714) | (8,241) | (1,709) | |||
| Gross profit: | 58,179 | 418,514 | 110,878 | 26,992 | 208,823 | 8,568 | ||
| Operating expenses | (327,734) | (260,770) | (230,111) | (176,000) | (120,723) | (84,453) | ||
| Other operating income (expense), net | 10 | (42) | (116) | |||||
| Other undisclosed operating income | 6,679 | 2,236 | 42 | 116 | ||||
| Operating income (loss): | (262,876) | 159,980 | (119,233) | (148,998) | 88,100 | (75,885) | ||
| Nonoperating income (expense) | (17,529) | (18,733) | 13,223 | 51,510 | 16,016 | 2,716 | ||
| Investment income, nonoperating | 5,383 | 6,825 | 9,723 | 48,559 | 7,070 | 2,716 | ||
| Interest and debt expense | (23,254) | (26,277) | (771) | |||||
| Income (loss) from continuing operations before equity method investments, income taxes: | (303,659) | 114,970 | (106,781) | (97,488) | 104,116 | (73,169) | ||
| Other undisclosed income from continuing operations before income taxes | 23,254 | 26,277 | 771 | |||||
| Income (loss) from continuing operations before income taxes: | (280,405) | 141,247 | (106,010) | (97,488) | 104,116 | (73,169) | ||
| Income tax expense (benefit) | 84 | (13,407) | (5,240) | 2,755 | (4,179) | |||
| Income (loss) from continuing operations: | (280,321) | 127,840 | (111,250) | (94,733) | 99,937 | (73,169) | ||
| Income (loss) before gain (loss) on sale of properties: | ✕ | ✕ | 127,840 | (111,250) | (94,733) | 99,937 | (73,169) | |
| Net income (loss) available to common stockholders, diluted: | (280,321) | 127,840 | (111,250) | (94,733) | 99,937 | (73,169) | ||
Comprehensive Income ($ in thousands)
| 12/31/2023 | 12/31/2022 | 12/31/2021 | 12/31/2020 | 12/31/2019 | 12/31/2018 | 12/31/2017 | ||
|---|---|---|---|---|---|---|---|---|
| Net income (loss): | (280,321) | 127,840 | (111,250) | (94,733) | 99,937 | (73,169) | ||
| Other comprehensive income (loss) | (12,832) | (2,209) | (565) | 885 | (5) | (682) | ||
| Comprehensive income (loss), net of tax, attributable to parent: | (293,153) | 125,631 | (111,815) | (93,848) | 99,932 | (73,851) | ||
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.