Ardelyx, inc. (ARDX)
Balance Sheet / TTM
Mar'20Dec'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

105,895

181,133

92,673

89,626

92,036

78,768

75,015

91,751

67,745

75,383

59,454

63,636

71,213

74,598

160,360

146,669

171,678

107,004

129,047

141,534

98,318

107,286

112,044

117,814

34,435

Short-term investments

117,312

66,379

10,870

34,315

59,524

89,321

111,391

120,980

59,704

58,593

69,834

85,088

102,210

126,225

69,726

-

-

-

-

-

-

-

-

-

-

Accounts receivable

-

-

2,699

17

7

85

167

30

-

10,796

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

Unbilled revenue

750

750

-

-

-

5,000

5,000

5,000

5,000

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

Accounts receivable

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

27

2,043

2,584

2,660

3,025

6,436

Prepaid expenses and other current assets

4,625

3,800

4,592

3,283

2,745

3,197

7,749

3,927

2,871

4,940

4,342

5,221

4,585

3,169

4,114

3,735

4,019

5,027

4,424

2,362

1,545

1,209

1,669

1,308

965

Total current assets

228,582

252,062

110,834

127,241

154,312

176,371

199,322

221,688

135,320

149,712

133,630

153,945

178,008

203,992

234,200

150,404

175,697

112,031

133,471

143,923

101,906

111,079

116,373

122,147

41,836

Property and equipment, net

2,968

3,436

3,943

4,469

5,102

5,611

5,996

6,689

7,358

8,032

8,622

9,335

8,915

8,991

6,969

4,827

4,597

4,711

4,391

4,061

3,289

2,131

1,152

1,138

530

Right-of-use assets

3,468

3,970

4,453

4,919

5,371

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

Other assets

304

314

180

1,351

1,350

1,350

1,350

159

159

159

853

842

842

148

148

148

104

104

104

104

104

104

-

13

358

Restricted cash

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

100

100

100

100

100

100

204

180

180

Total assets

235,322

259,782

119,410

137,980

166,135

183,332

206,668

228,536

142,837

157,903

143,105

164,122

187,765

213,131

241,317

155,379

180,498

116,946

138,066

148,188

105,399

113,414

117,729

123,478

42,904

Liabilities and stockholders' equity
Current liabilities:
Accounts payable

1,012

2,187

2,689

1,260

2,925

1,148

2,269

3,172

1,761

3,933

1,723

4,713

5,893

5,635

6,298

4,746

4,875

2,777

2,714

2,684

2,544

3,129

1,022

2,308

2,284

Accrued compensation and benefits

1,951

4,453

2,804

2,351

1,634

2,723

2,306

2,203

1,617

3,229

2,722

2,599

1,856

3,161

2,227

2,038

1,318

2,366

1,697

1,457

945

1,648

1,106

802

927

Uncharged license fees

-

-

-

-

-

1,000

1,000

1,000

1,000

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

Less: Current portion of operating lease liability

2,715

2,608

2,504

2,318

2,102

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

Loan payable, current portion

7,437

1,183

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

Deferred revenue

3,366

4,541

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

Accrued and other liabilities

-

-

-

-

-

-

-

-

-

10,709

-

-

-

10,405

-

-

-

-

-

-

-

-

-

-

-

Accrued expenses and other current liabilities

6,936

7,248

9,682

10,404

14,165

12,857

9,974

9,234

8,784

-

11,282

11,076

11,565

-

9,110

7,277

6,265

2,580

8,173

1,405

470

780

-

-

100

Other accrued liabilities

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

789

1,003

-

Deferred revenue, current portion

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

15,953

15,979

16,480

23,221

13,828

Total current liabilities

23,417

22,220

17,679

16,333

20,826

17,728

15,549

15,609

13,162

17,871

15,727

18,388

19,314

19,201

17,635

14,061

12,458

7,723

12,584

5,546

19,912

21,536

19,397

27,334

17,139

Operating lease liability, net of current portion

1,355

2,076

2,770

3,433

4,069

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

Loan payable, net of current portion

42,793

48,831

49,803

49,597

49,399

49,209

49,020

48,836

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

Liabilities, Noncurrent

-

-

-

-

-

-

-

-

-

720

-

-

-

779

-

-

-

-

-

-

-

-

-

-

-

Other long-term liabilities

-

-

-

-

-

582

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

Other long-term liabilities

-

-

-

-

-

-

651

677

699

-

741

756

767

-

789

713

292

322

352

382

297

122

-

-

-

Deferred revenue, non-current

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

27,190

31,074

34,959

33,170

26,470

Convertible preferred stock warrant liability

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

6,456

Liabilities related to early exercise of options

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

72

107

163

Total liabilities

67,565

73,127

70,252

69,363

74,294

67,519

65,220

65,122

13,861

18,591

16,468

19,144

20,081

19,980

18,424

14,774

12,750

8,045

12,936

5,928

47,399

52,732

54,428

60,611

50,228

Commitments and contingencies (Note 10)

-

-

-

-

-

-

0

0

0

-

0

0

0

0

0

0

0

0

0

0

0

0

0

0

0

Convertible preferred stock, $0.0001 par value per shareno shares and 108,829,748 shares authorized as of December 31, 2014 and 2013, respectively; no shares and 11,517,222 shares issued and outstanding as of December 31, 2014 and 2013, respectively

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

56,155

Stockholders’ equity:
Preferred stock, $0.0001 par value; 5,000,000 shares authorized; no shares issued and outstanding as of March 31, 2020 and December 31, 2019, respectively.

-

-

-

-

-

-

0

0

0

-

0

0

0

0

0

0

0

0

0

0

0

0

0

0

0

Common stock, $0.0001 par value; 300,000,000 shares authorized; 89,035,096 and 88,817,741 shares issued and outstanding as of March 31, 2020 and December 31, 2019, respectively.

9

9

6

6

6

6

6

6

5

5

5

5

5

5

5

4

4

3

3

3

3

2

2

2

-

Additional paid-in capital

650,617

647,078

489,810

485,718

483,479

481,357

479,109

476,968

420,294

417,568

414,970

412,617

409,610

407,092

405,514

294,171

292,699

210,386

209,615

208,619

133,366

132,547

-

-

5,174

Additional paid-in capital

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

131,195

130,836

-

Accumulated deficit

-482,825

-460,452

-440,662

-417,123

-391,656

-365,512

-337,650

-313,524

-291,232

-278,214

-288,328

-267,604

-241,883

-213,875

-182,601

-153,570

-124,955

-101,488

-84,488

-66,362

-75,369

-71,867

-67,896

-67,971

-68,653

Accumulated other comprehensive (loss) income

-44

20

4

16

12

-38

-17

-36

-91

-47

-10

-40

-48

-71

-25

-

-

-

-

-

-

-

-

-

-

Total stockholders’ equity

167,757

186,655

49,158

68,617

91,841

115,813

141,448

163,414

128,976

139,312

126,637

144,978

167,684

193,151

222,893

140,605

167,748

108,901

125,130

142,260

58,000

60,682

63,301

62,867

-63,479

Total liabilities and stockholders’ equity

235,322

259,782

119,410

137,980

166,135

183,332

206,668

228,536

142,837

157,903

143,105

164,122

187,765

213,131

241,317

155,379

180,498

116,946

138,066

148,188

105,399

113,414

117,729

123,478

42,904