Ardelyx, inc. (ARDX)
Income statement / 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'14Sep'13Jun'13
Revenues:
Licensing revenue

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

0

0

17,727

3,884

3,884

4,767

6,507

3,236

1,989

1,989

Collaborative development revenue

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

0

0

416

1,999

2,454

2,831

2,630

5,314

4,604

5,302

Total revenues

-

-

3,013

18

-

-

172

30

-

-

-

-

-

-

-

-

-

0

0

18,143

5,883

6,338

7,598

9,137

8,550

6,593

7,291

Total revenues

1,213

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

Cost of revenue

-

-

600

-

-

0

2

0

464

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

Gross profit

-

-

2,413

18

-

85

170

30

1,856

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

Operating expenses:
Research and development

15,844

14,241

17,580

19,475

20,381

22,036

17,941

16,046

13,350

17,160

15,365

20,572

22,387

26,210

24,863

23,838

19,250

12,784

14,705

6,198

6,198

7,386

5,694

5,183

7,637

6,584

7,234

General and administrative

7,138

6,857

6,922

5,371

5,117

5,425

5,961

6,138

6,191

5,478

5,860

5,846

6,047

5,266

4,337

4,852

4,279

4,092

3,374

2,889

3,175

2,884

1,823

1,203

1,377

895

908

Total operating expenses

22,982

21,098

24,502

24,846

25,498

27,461

23,902

22,184

19,541

22,638

21,225

26,418

28,434

31,476

29,200

28,690

23,529

16,876

18,079

9,087

9,373

10,270

7,517

6,386

9,014

7,479

8,142

Loss from operations

-21,769

-18,848

-22,089

-24,828

-25,498

-27,376

-23,732

-22,154

-17,685

10,962

-21,225

-26,418

-28,434

-31,476

-29,200

-28,690

-23,529

-16,876

-18,079

9,056

-3,490

-3,932

81

2,751

-464

-886

-851

Interest expense

1,357

1,398

1,443

1,451

1,434

-

1,404

692

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

Other income, net

753

-

-

-

790

-

-

-

-

-

-

-

426

200

169

77

62

-

-77

-

-

-

-

-

-

-

-

Other expense, net

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

13

4

Change in fair value of preferred stock warrant liability

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

0

0

-1,010

2,603

-

-

Other income (expense), net

-

-

294

812

-

-

1,010

557

670

-

501

697

-

-

-

-

-

-

-

-49

-12

-

-7

-8

-4

-

-

Loss before provision for income taxes

-22,373

-19,790

-23,238

-25,467

-26,142

-27,864

-24,126

-22,289

-17,015

11,293

-20,724

-25,721

-28,008

-31,276

-29,031

-28,613

-23,467

-16,999

-18,156

9,007

-3,502

-3,903

74

3,753

-3,071

-899

-855

Provision for income taxes

-

0

301

0

2

-2

0

2

4

-

-

-

-

-

0

0

0

1

-30

0

0

-

-

0

0

35

36

Net loss

-22,373

-19,790

-23,539

-25,467

-26,144

-27,862

-24,126

-22,291

-17,019

10,114

-20,724

-25,721

-28,008

-31,276

-29,031

-28,613

-23,467

-

-18,126

-

-

-3,970

74

3,753

-3,071

-934

-891

Net loss per common share, basic and diluted

-0.25

-0.27

-0.37

-0.41

-0.42

-0.45

-0.39

-0.42

-0.36

0.21

-0.44

-0.54

-0.59

-0.62

-0.65

-0.83

-0.70

-

-0.70

-

-0.19

-

-

-

-

-

-

Shares used in computing net loss per share - basic and diluted

88,880

69,885

62,828

62,651

62,546

62,424

62,071

52,824

47,559

47,530

47,464

47,403

47,343

47,435

44,935

34,636

33,466

-

25,930

-

18,606

-

-

-

-

-

-

Comprehensive loss:
Net loss

-22,373

-19,790

-23,539

-25,467

-26,144

-27,862

-24,126

-22,291

-17,019

10,114

-20,724

-25,721

-28,008

-

-29,031

-

-

-

-

-

-

-

-

-

-

-

-

Unrealized (losses) gains on available-for-sale securities

-64

16

-12

4

50

-21

19

55

-44

-38

30

9

23

-

-25

-

-

-

-

-

-

-

-

-

-

-

-

Comprehensive loss

-22,437

-19,774

-23,551

-25,463

-26,094

-27,883

-24,107

-22,236

-17,063

10,076

-20,694

-25,712

-27,985

-

-29,056

-

-

-

-

-

-

-

-

-

-

-

-

Net (loss) income and comprehensive (loss) income

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

9,007

-3,502

-

-

-

-

-

-

Basic net (loss) income per common share

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

0.43

-

-

0.00

0.20

-2.44

-0.81

-0.81

Diluted net (loss) income per common share

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

0.42

-

-

0.00

0.18

-2.44

-0.81

-0.81

Basic

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-934

-891

Diluted

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-934

-891

Shares used in computing basic net (loss) income per share

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

20,880

-

-

18,374

2,611

1,256

1,156

1,102

Shares used in computing diluted net (loss) income per share

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

21,636

-

-

19,133

3,904

1,256

1,156

1,102

Collaborative development
Total revenues

1,175

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

Licensing
Total revenues

-

-

3,000

-

-

-

0

0

2,320

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

Other
Total revenues

38

-

13

18

-

-

172

30

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-