Adverum biotechnologies, inc. (ADVM)
Balance Sheet / TTM
Dec'19Sep'19Jun'19Mar'19Dec'18Sep'18Jun'18Mar'18Dec'17Sep'17Jun'17Mar'17Dec'16Sep'16Jun'16Mar'16Dec'15Sep'15Jun'15Mar'15Dec'14Sep'14Jun'14Dec'13
Assets
Current assets:
Cash and cash equivalents

65,897

73,171

97,808

144,107

154,949

159,673

155,451

152,716

70,519

31,713

39,523

71,569

222,170

231,271

241,302

247,082

221,348

200,676

200,537

201,849

159,404

165,329

52,428

564

Short-term investments

100,138

88,814

79,834

45,381

50,130

58,209

79,425

94,321

119,966

154,929

157,895

137,934

-

-

-

-

-

-

-

-

-

-

-

-

Marketable securities

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

37,732

68,210

-

88,276

-

-

-

-

Receivable from collaborative partner

-

-

-

-

-

-

-

-

-

-

-

-

886

1,785

1,029

1,117

449

-

-

-

-

-

-

-

Marketable securities

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

79,103

-

-

-

-

-

Accounts receivable

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

8

8

8

Prepaid expenses and other current assets

9,835

5,617

2,919

3,649

3,675

4,292

3,046

2,161

3,256

2,881

2,223

3,137

2,218

2,840

1,239

1,030

1,463

1,475

992

1,007

874

996

468

250

Total current assets

175,870

167,602

180,561

193,137

208,754

222,174

237,922

249,198

193,741

189,523

199,641

212,640

225,274

235,896

243,570

249,229

260,992

270,361

280,632

291,132

160,278

166,333

52,904

822

Operating lease right-of-use assets

20,963

21,511

22,053

22,592

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

Property and equipment, net

24,884

15,249

6,097

4,145

3,586

2,594

2,525

2,820

3,024

3,347

3,798

4,149

4,169

4,335

3,985

3,565

3,187

3,330

2,945

1,421

1,085

817

509

69

Restricted cash

999

999

999

999

999

999

998

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

Deposit and other non-current assets

11

164

174

174

156

140

140

140

140

340

140

140

140

140

140

140

140

138

138

138

543

89

1,376

194

Intangible asset

-

-

-

-

-

-

5,000

5,000

5,000

5,000

5,000

5,000

5,000

16,200

16,650

-

-

-

-

-

-

-

-

-

Total assets

222,727

205,525

209,884

221,047

213,495

225,907

246,585

257,158

201,905

198,210

208,579

221,929

234,583

256,571

264,345

252,934

264,319

273,829

283,715

292,691

161,906

167,239

54,789

1,085

Liabilities and stockholders’ equity
Current liabilities:
Accounts payable

4,103

3,382

740

1,752

1,707

1,736

2,125

685

1,731

1,580

1,125

3,383

1,474

3,067

2,419

486

605

1,141

1,896

2,787

951

1,627

1,576

769

Restructuring liabilities

-

-

-

-

-

-

-

-

-

-

-

-

-

25

25

49

1,013

-

-

-

-

-

-

-

Accrued expenses and other current liabilities

11,271

10,320

5,467

5,032

8,784

7,777

8,350

7,205

6,964

6,062

5,226

6,630

6,476

5,777

4,144

3,889

4,007

-

-

-

3,707

-

-

-

Lease liability, current portion

4,034

4,044

3,942

3,826

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

Accrued expenses and other current liabilities

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

3,734

3,604

2,528

-

2,021

1,602

393

Deferred rent, current portion

-

-

-

-

228

482

146

138

129

121

112

103

96

89

81

73

66

58

51

-

-

-

-

-

Deferred revenue, current portion

-

-

-

-

-

70

753

1,246

1,850

1,850

1,850

1,850

1,850

1,691

1,228

1,059

883

1,563

2,313

2,313

813

813

813

-

Total current liabilities

19,408

17,746

10,149

10,610

10,719

10,065

11,374

9,274

10,674

9,613

8,313

11,966

9,896

10,649

7,897

5,556

6,574

6,496

7,864

7,628

5,471

4,461

3,991

1,162

Long-term liabilities:
Common and Convertible preferred stock warrant liability

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

133

Deferred rent, net of current portion

-

-

-

-

1,366

102

146

187

222

257

293

325

352

378

404

429

447

466

485

440

306

194

147

8

Lease liability, net of current portion

28,214

23,380

21,804

22,078

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

Deferred revenue, net of current portion

-

-

-

-

-

-

-

-

5,250

5,711

6,174

6,637

7,099

6,834

5,936

5,383

4,706

4,537

4,740

4,943

6,646

6,849

7,052

-

Deferred tax liability, non-current

-

-

-

-

-

-

1,250

1,250

1,250

1,250

1,250

1,250

1,250

2,025

2,081

-

49

-

-

-

-

-

-

-

Other non-current liabilities

148

185

191

216

243

187

368

404

481

387

369

370

386

455

373

-

-

-

-

-

-

-

-

-

Total liabilities

47,770

41,311

32,144

32,904

12,328

10,354

13,138

11,115

17,877

17,218

16,399

20,548

18,983

20,341

16,691

11,368

11,727

11,499

13,089

13,011

12,423

11,504

11,751

1,303

Commitments and contingencies (Note 8)

-

-

-

-

-

0

0

0

-

0

0

0

0

0

0

0

0

0

0

0

0

0

0

0

Stockholders’ equity:
Preferred stock, $0.0001 par value, 5,000 shares authorized; no shares issued and outstanding

-

-

-

-

-

0

0

0

-

0

0

0

0

0

0

0

0

0

0

0

0

0

-

0

Common stock, $0.0001 par value, 300,000 shares authorized at December 31, 2019: 67,329 and 62,965 shares issued and outstanding at December 31, 2019 and 2018, respectively

7

7

6

6

6

6

6

7

5

5

5

4

4

4

4

3

3

3

3

3

2

2

0

-

Additional paid-in capital

560,704

531,056

528,458

523,923

522,503

521,285

518,275

512,173

439,048

420,811

418,022

415,603

413,518

411,766

408,866

341,114

336,768

332,404

326,602

325,934

186,186

-

-

-

Additional paid-in capital

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

182,046

1,538

632

Accumulated other comprehensive loss

-725

-745

-738

-754

-799

-854

-908

-1,021

-963

-551

-403

-212

-7

-19

4

9

-11

-3

12

-33

10

11

26

27

Accumulated deficit

-385,029

-366,104

-349,986

-335,032

-320,543

-304,884

-283,926

-265,116

-254,062

-239,273

-225,444

-214,014

-197,915

-175,521

-161,220

-99,560

-84,168

-70,074

-55,991

-46,224

-36,715

-26,324

-18,069

-8,869

Total stockholders’ equity

174,957

164,214

177,740

188,143

201,167

215,553

233,447

246,043

184,028

180,992

192,180

201,381

215,600

236,230

247,654

241,566

252,592

262,330

270,626

279,680

149,483

155,735

-16,505

-8,210

Total liabilities and stockholders’ equity

222,727

205,525

209,884

221,047

213,495

225,907

246,585

257,158

201,905

198,210

208,579

221,929

234,583

256,571

264,345

252,934

264,319

273,829

283,715

292,691

161,906

167,239

54,789

1,085