Acelrx pharmaceuticals inc (ACRX)
Balance Sheet / Quarterly
Mar'20Dec'19Sep'19Jun'19Mar'19Dec'18Sep'18Jun'18Mar'18Dec'17Sep'17Jun'17Mar'17Dec'16Sep'16Jun'16Mar'16Dec'15Sep'15Jun'15Mar'15Dec'14Sep'14Jun'14Mar'14Dec'13Sep'13Jun'13Mar'13Dec'12Sep'12Jun'12Mar'12Dec'11Sep'11Jun'11Dec'10
Current Assets:
Cash and cash equivalents

23,886

14,684

21,949

65,071

73,312

87,975

57,566

33,273

43,603

52,902

67,936

62,148

72,332

80,310

92,462

97,800

105,429

107,922

95,042

35,842

49,144

60,038

70,241

77,728

77,587

88,401

60,795

21,919

37,079

47,932

3,721

7,542

4,469

7,794

1,825

18,760

3,055

Short-term investments

28,839

51,453

58,451

26,475

16,838

17,740

5,995

16,849

7,573

7,567

-

-

-

0

0

1,000

1,728

5,542

9,291

15,353

15,294

15,312

15,329

14,621

15,289

15,262

15,173

11,955

11,119

11,831

19,654

24,391

23,102

27,991

30,195

19,042

627

Accounts receivable, net

567

432

244

221

221

49

187

773

772

1,533

1,343

2,070

2,708

5,833

2,009

4,185

3,206

3,286

17,376

-

-

0

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

Tax receivable

-

-

352

352

352

352

352

352

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

Inventories, net

3,099

3,295

2,980

2,844

2,403

854

856

663

666

956

969

1,580

1,852

2,154

1,384

1,328

910

466

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

Prepaid expenses and other current assets

1,654

1,824

1,693

1,855

2,219

1,024

1,048

1,051

1,044

455

823

971

1,079

756

1,067

1,237

1,521

1,731

883

2,324

979

948

1,071

868

1,091

897

1,031

1,352

2,136

2,003

1,922

1,757

3,499

2,361

2,061

1,206

2,097

Total current assets

58,045

71,688

85,669

96,818

95,345

107,994

66,004

52,961

53,658

63,413

71,071

66,769

77,971

89,053

96,922

105,550

112,794

118,947

122,592

53,519

65,417

76,298

86,641

93,217

93,967

104,560

76,999

35,226

50,334

61,766

25,297

33,690

31,070

38,146

34,081

39,008

5,779

Operating lease right-of-use assets

3,722

3,928

4,130

4,326

4,517

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

Investments, non-current

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

2,970

-

-

-

-

-

-

-

-

-

Property and equipment, net

14,670

14,552

13,844

12,598

12,153

11,483

11,004

10,923

11,067

11,051

11,287

11,193

10,245

10,712

8,848

7,794

8,203

8,610

8,740

9,715

9,846

9,818

9,467

6,820

6,160

5,179

3,412

2,349

2,396

2,485

2,524

2,617

2,545

2,306

2,229

1,670

800

Restricted cash

-

-

-

-

178

-

178

178

178

178

178

178

-

178

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

Long-term tax receivable

-

-

351

351

351

351

-

-

-

703

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

Long-term tax receivable

-

-

-

-

-

-

351

351

703

-

-

-

-

0

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

Other assets

902

1,188

984

1,019

900

705

207

207

207

207

207

50

-

50

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

Restricted cash

-

-

-

-

-

-

-

-

-

-

-

-

178

-

178

178

178

178

178

250

250

250

250

250

250

250

250

250

250

205

205

205

205

205

205

205

205

Other assets

-

-

-

-

-

-

-

-

-

-

-

-

50

-

50

50

50

50

50

76

79

50

84

87

40

42

-

2

5

64

125

132

170

178

188

104

46

Total Assets

77,339

91,356

104,978

115,112

113,444

120,533

77,744

64,620

65,813

75,552

82,743

78,190

88,444

99,993

105,998

113,572

121,225

127,785

131,560

63,560

75,592

86,416

96,442

100,374

100,417

110,031

80,661

40,797

52,985

64,520

28,151

36,644

33,990

40,835

36,703

40,987

6,830

Current Liabilities:
Accounts payable

3,248

1,720

2,649

2,334

3,698

2,070

1,775

1,804

2,300

1,424

1,246

1,028

1,687

1,558

1,351

2,857

3,600

1,561

1,701

1,597

2,685

2,431

2,869

2,798

2,185

2,341

1,248

1,298

3,941

2,235

2,858

1,197

1,135

1,530

2,626

1,847

543

Accrued liabilities

4,122

5,528

4,905

4,276

3,578

4,540

3,621

2,548

2,213

3,543

3,539

4,365

4,544

4,595

4,140

2,914

2,441

3,956

2,342

2,048

2,778

3,654

2,036

2,958

1,895

3,904

3,046

2,928

3,379

4,653

2,143

2,483

2,132

2,511

1,685

1,779

859

Income taxes payable

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

771

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

Convertible notes

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

6,805

Long-term debt, current portion

6,611

4,630

2,083

-

10,026

8,611

8,372

8,139

7,920

7,727

9,254

7,129

5,056

2,912

9,180

13,942

9,190

4,541

-

9,509

9,291

6,859

4,510

2,208

-

-

8,134

7,895

7,663

7,443

7,226

7,013

5,682

3,804

681

-

5,204

Deferred revenue, current portion

411

411

315

324

437

315

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

Operating lease liabilities, current portion

1,008

970

791

759

729

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

Deferred revenue, current portion

-

-

-

-

-

-

326

338

350

362

362

362

362

362

362

957

1,360

2,604

3,012

152

606

787

952

776

528

623

-

-

-

-

-

-

-

-

-

-

-

Liability related to the sale of future royalties, current portion

321

352

688

592

477

392

377

384

470

604

471

677

-

764

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

Liability related to the sale of future royalties, current portion

-

-

-

-

-

-

-

-

-

-

-

-

1,104

-

497

357

213

118

59

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

Other current liabilities

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

103

151

-

Total current liabilities

15,721

13,611

11,431

8,285

18,945

15,928

14,471

13,213

13,253

13,660

14,872

13,561

12,753

10,191

15,530

21,027

16,804

12,780

7,885

13,306

15,360

13,731

10,367

8,740

4,608

6,868

12,428

12,121

14,983

14,331

12,227

10,693

8,949

7,845

5,095

3,777

13,411

Deferred rent, net of current portion

-

-

-

-

-

-

442

468

494

378

267

0

0

43

96

148

197

245

441

479

516

529

303

243

156

188

220

251

283

312

341

378

343

15

-

-

245

Long-term debt, net of current portion

19,133

20,517

21,924

23,770

-

3,380

5,502

7,539

9,494

11,369

13,151

14,891

16,584

18,637

12,145

7,406

11,942

16,381

20,716

13,623

15,850

18,015

20,359

22,429

14,492

14,364

2,385

4,495

6,542

8,530

10,456

12,322

13,496

15,275

8,196

8,733

-

Deferred revenue, net of current portion

2,754

2,833

2,912

2,990

3,069

3,148

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

Operating lease liabilities, net of current portion

3,421

3,640

4,043

4,239

4,429

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

Deferred revenue, net of current portion

-

-

-

-

-

-

3,227

3,305

3,384

3,463

3,553

3,643

3,734

3,824

3,915

3,113

2,440

593

193

1,594

1,626

1,626

1,687

1,687

2,007

2,007

-

-

-

-

-

-

-

-

-

-

-

Liability related to the sale of future royalties, net of current portion

90,792

91,683

92,375

93,537

94,741

93,287

91,745

88,895

85,882

82,984

80,362

77,431

-

72,223

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

Liability related to the sale of future royalties, net of current portion

-

-

-

-

-

-

-

-

-

-

-

-

74,420

-

70,033

67,775

65,595

63,494

61,407

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

Contingent put option liability

-

-

-

-

-

-

144

166

186

207

207

260

314

124

175

165

222

266

319

251

307

282

325

438

-

334

-

-

-

-

-

-

-

-

-

-

-

Contingent put option liability

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

296

-

32

39

60

82

-

-

-

232

-

-

-

Warrant liability

-

-

-

-

-

-

-

-

-

-

640

28

295

288

832

440

582

913

633

916

848

5,577

4,324

11,288

13,795

13,111

12,391

17,850

9,194

7,418

5,345

5,478

-

-

-

-

-

Contingent put option liability

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

109

145

171

-

57

62

-

Call option liability

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

596

Convertible preferred stock warrant liability

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

2,529

Other long-term liabilities

799

490

567

710

151

537

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

Total liabilities

132,620

132,774

133,252

133,531

121,335

116,280

115,531

113,586

112,693

112,061

113,052

109,814

108,100

105,330

102,726

100,074

97,782

94,672

91,594

30,169

34,507

39,760

37,365

44,825

35,354

36,872

27,456

34,756

31,062

30,673

28,478

29,016

22,959

23,367

13,348

12,572

16,781

Commitments and Contingencies

-

-

-

-

-

-

0

0

0

-

0

0

0

0

-

-

-

0

-

-

-

0

-

-

-

-

-

-

-

-

-

-

-

0

0

0

0

Stockholders’ Deficit:
Convertible preferred stock, $0.001 par value-10,000,000 shares and 46,736,125 shares authorized as of December 31, 2011 and 2010; no shares and 7,151,802 shares issued and outstanding as of December 31, 2011 and 2010; liquidation preference of $0 and $56,224 as of December 31, 2011 and 2010

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

55,941

Common stock, $0.001 par value—200,000,000 shares authorized as of March 31, 2020 and December 31, 2019; 80,415,751 and 79,573,101 shares issued and outstanding as of March 31, 2020 and December 31, 2019

80

79

79

79

79

78

61

53

51

51

49

45

45

45

45

45

45

45

44

44

44

43

43

43

43

43

43

37

37

37

23

23

22

22

21

21

3

Additional paid-in capital

358,670

356,609

355,330

352,454

350,570

349,194

294,613

270,984

262,531

261,310

257,627

243,303

242,214

240,977

239,906

238,725

237,580

236,274

232,579

231,074

229,873

225,423

224,021

221,166

220,103

218,568

216,380

158,241

156,676

155,836

111,154

110,531

106,740

106,110

105,623

104,926

2,668

Accumulated deficit

-414,031

-398,106

-383,683

-370,952

-358,540

-345,019

-332,461

-320,003

-309,462

-297,870

-287,985

-274,972

-261,913

-246,362

-236,680

-225,278

-214,186

-203,205

-192,659

-197,728

-188,832

-178,806

-164,988

-165,659

-155,084

-145,453

-163,222

-152,236

-134,789

-122,027

-111,505

-102,923

-95,729

-88,664

-82,292

-76,530

-68,563

Accumulated other comprehensive income

-

-

-

-

-

-

-

-

-

-

0

0

-2

3

1

6

4

-1

2

1

-

-4

1

-1

1

1

4

-1

-1

1

1

-3

-2

-

3

-2

-

Total stockholders’ deficit

-55,281

-41,418

-28,274

-18,419

-7,891

4,253

-37,787

-48,966

-46,880

-36,509

-30,309

-31,624

-19,656

-5,337

3,272

13,498

23,443

33,113

39,966

33,391

41,085

46,656

59,077

55,549

65,063

73,159

53,205

6,041

21,923

33,847

-327

7,628

11,031

17,468

23,355

28,415

-65,892

Total Liabilities and Stockholders’ Deficit

77,339

91,356

104,978

115,112

113,444

120,533

77,744

64,620

65,813

75,552

82,743

78,190

88,444

99,993

105,998

113,572

121,225

127,785

131,560

63,560

75,592

86,416

96,442

100,374

100,417

110,031

80,661

40,797

52,985

64,520

28,151

36,644

33,990

40,835

36,703

40,987

6,830