Ardelyx, inc. (ARDX)
CashFlow / 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'14Mar'14
Operating activities
Net loss

-91,169

-94,940

-103,012

-103,599

-100,423

-91,298

0

0

0

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

Net loss

-

-

-

-

-

-

-

-

-

-

-

0

0

-

0

0

-49,586

-

-16,592

1,609

-3,645

-3,214

0

0

0

Adjustments to reconcile net loss to net cash used in operating activities:
Depreciation expense

2,318

2,501

2,666

2,688

2,679

2,678

2,679

2,740

2,719

2,639

2,356

1,906

1,579

1,295

1,193

1,182

1,020

829

0

0

0

-

-

-

-

Amortization of deferred financing costs

662

670

642

459

342

236

159

109

317

375

417

497

338

346

0

0

0

-

-

-

-

-

-

-

-

Amortization of deferred compensation for services

0

-

0

0

0

-

0

0

0

-

0

0

0

-

-

-

-

-

-

-

-

-

-

-

-

Amortization of deferred compensation for services

-

-

-

-

-

-

-

-

-

-

-

-

-

-

0

0

0

-

-

-

-

-

-

-

-

Amortization of premium on investment securities

535

698

1,094

1,417

1,362

1,136

754

246

16

-11

0

0

0

-

-

-

-

-

-

-

-

-

-

-

-

Non-cash lease expense

1,902

1,839

0

0

0

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

Depreciation and amortization expense

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

0

Stock-based compensation

10,962

9,936

9,974

8,043

8,723

9,226

9,565

9,719

9,906

9,590

8,551

7,740

6,235

5,317

4,524

3,945

3,301

2,634

3,085

2,694

2,152

1,692

0

0

0

Change in derivative liabilities

481

436

0

0

0

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

Non-cash interest associated with debt discount accretion

492

478

0

0

0

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

Change in fair value of preferred stock warrant liability

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

1,593

0

0

0

Loss from disposal of fixed assets

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-65

0

0

0

-

-

-

-

Changes in operating assets and liabilities:
Unbilled revenue

-

-

-

-

0

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

Accounts receivable and unbilled license revenue

-

-

-

-

-

-

0

0

0

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

Accounts receivable

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-2,584

-2,660

-2,998

-2,934

-3,852

0

0

0

Prepaid expenses and other assets

1,246

-93

-3,979

723

1,069

-525

3,878

-2,005

-2,085

2,148

1,335

2,472

1,547

-1,562

257

2,051

2,866

4,083

2,641

865

-56

-96

0

0

0

Accounts payable

-1,912

39

-580

-2,911

164

-2,730

546

-1,282

-4,002

-1,027

-3,712

-20

904

2,148

2,588

1,977

2,550

-371

1,812

176

-234

831

0

0

0

Accrued compensation and benefits

317

1,730

498

148

17

-506

-416

-396

-239

68

495

561

537

795

531

582

374

718

590

654

344

721

0

0

0

Lease liabilities

0

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

Accrued and other liabilities

-7,306

-5,861

-479

262

4,349

1,353

0

0

0

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

Accrued and other liabilities

-

-

-

-

-

-

-

-

-

-

-

0

0

-

0

0

5,790

-

7,582

630

-49

647

0

0

0

Deferred revenue

0

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-47,053

-51,439

-56,391

5,279

6,755

0

0

0

Net cash used in operating activities

-84,517

-76,484

-83,783

-90,188

-80,383

-70,274

-47,140

-39,362

-45,233

-65,190

0

0

0

-

-

-

-

-

-

-

-

-

-

-

-

Investing activities
Proceeds from maturities of investments

0

-

-

-

0

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

Net cash used in operating activities

-

-

-

-

-

-

-

-

-

-

-

-

-

-

0

0

-79,878

-

-54,029

-47,910

6,308

13,397

0

0

0

Proceeds from maturities of investments

-

-

-

-

-

-

0

0

0

-

0

0

0

-

-

-

-

-

-

-

-

-

-

-

-

Sales and redemptions of investments

-

-

-

-

-

-

0

0

0

-

0

0

0

-

-

-

-

-

-

-

-

-

-

-

-

Purchases of investments

132,655

102,671

56,998

80,869

154,892

169,033

161,989

158,286

104,760

84,013

0

0

0

-

-

-

-

-

-

-

-

-

-

-

-

Purchases of property and equipment

185

325

612

467

421

311

52

503

1,292

2,355

5,085

6,278

5,784

4,866

2,562

1,629

2,599

3,454

4,032

3,440

2,817

1,856

0

0

0

Net cash (used in) provided by investing activities

-57,491

23,373

101,024

87,668

1,222

-29,894

-40,863

-36,147

41,187

65,290

0

0

0

-

-

-

-

-

-

-

-

-

-

-

-

Financing activities
Proceeds from issuance of common stock under stock plans

573

396

0

0

0

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

Issuance of common stock upon exercise of options

392

178

0

0

0

-

-

-

-

-

-

-

-

-

-

-

-

-

-

0

0

-

-

-

-

Net cash provided by (used in) investing activities

-

-

-

-

-

-

-

-

-

-

-

-

-

-

0

0

-2,599

-

-4,032

-3,440

-2,817

-1,856

0

0

0

Proceeds from issuance of common stock, net of issuance costs

-

-

-

-

-

-

-

-

-

-

-

-

-

-

0

0

0

-

-

-

-

-

-

-

-

Proceeds from issuance of common stock under stock plans

-

-

-

-

-

-

-

-

578

-

890

583

755

631

0

0

0

-

-

-

-

-

-

-

-

Net cash provided by financing activities

155,867

155,476

417

395

103,452

103,553

103,564

103,624

578

685

0

0

0

-

-

-

-

-

-

-

-

-

-

-

-

Net (decrease) increase in cash and cash equivalents

13,859

102,365

0

0

0

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

Net cash provided by financing activities

-

-

-

-

-

-

-

-

-

-

-

-

-

-

0

0

155,837

-

0

0

0

-

-

-

-

Net increase (decrease) in cash and cash equivalents

-

-

-

-

-

-

-

-

-3,468

-

-100,906

-83,033

-100,465

-32,406

31,313

5,135

73,360

-282

17,003

23,720

65,097

72,851

0

0

0

Supplementary disclosure of cash flow information:
Income taxes paid

-

-

-

-

0

-

-

-

-

-

-

-

-

-

-

-

-

69

0

0

0

-

-

-

-

Supplementary disclosure of non-cash activities:
Right-of-use assets obtained in exchange for lease obligations

-

-

-

-

0

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

Acquisition of property and equipment included in accounts payable and accrued liabilities

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

0

0

-

-

-

-