Arena pharmaceuticals, inc. (ARNA)
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'14Dec'13Sep'13Jun'13Mar'13Dec'12Sep'12Jun'12Mar'12Dec'11Sep'11Jun'11Mar'11Sep'10Jun'10
Revenues:
Net product sales

-

-

-

-

-

-

-

-

-

-

-

-

-

-

3,323

4,263

3,518

-

4,884

4,285

6,618

3,846

5,726

3,529

2,882

-

-

1,319

0

-

0

0

-

-

-

-

-

-

-

Other collaboration revenue

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

897

-

1,746

1,990

2,517

5,783

1,022

Toll manufacturing

-

-

-

-

-

-

-

-

-

-

-

-

-

-

1,228

1,025

1,023

-

1,463

1,390

346

313

158

578

448

-

-

-

-

-

-

-

-

-

-

-

-

-

-

Manufacturing services

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

443

973

765

-

603

1,029

1,292

948

1,713

1,269

1,408

1,846

1,437

Total revenues

262

3,002

1,350

1,022

801,057

8,648

3,573

3,994

1,755

15,364

2,415

1,898

1,660

53,562

19,242

9,512

9,847

-17,177

9,138

9,181

12,256

9,191

8,164

12,801

6,814

6,516

3,578

68,927

2,373

1,936

1,485

21,977

2,189

2,076

3,459

3,259

3,925

7,629

2,459

Operating Costs and Expenses:
Cost of product sales

-

-

-

-

-

-

-

-

-

-

-

-

-

-

882

851

2,428

-

1,635

1,303

3,191

2,320

1,755

1,463

831

289

460

581

473

0

0

0

0

-

-

-

-

-

-

Cost of toll manufacturing

-

-

-

-

-

-

-

-

-

-

-

-

-

-

1,930

1,758

1,188

-

1,584

1,812

402

266

81

547

496

-

-

-

-

-

-

-

-

-

-

-

-

-

-

Cost of manufacturing services

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

632

1,009

1,645

-

1,396

652

791

1,885

1,557

2,277

2,381

1,814

1,630

Research and development

78,533

74,632

60,257

51,211

45,396

37,890

28,811

26,755

21,573

20,711

17,233

17,700

15,344

9,268

17,466

18,546

18,502

15,042

22,072

24,201

21,968

27,826

24,508

27,025

20,988

19,040

14,592

18,828

14,008

13,947

11,619

14,076

14,470

13,090

14,978

14,703

15,935

20,155

20,502

General and administrative

26,442

22,243

20,428

18,367

16,578

12,935

10,766

10,405

11,151

8,253

7,418

7,150

7,520

3,550

8,590

8,465

6,924

3,970

9,028

8,844

8,439

8,939

8,029

9,132

8,037

8,067

7,760

8,603

7,251

7,263

7,392

5,216

6,355

5,252

6,029

6,077

6,890

6,862

6,760

Transaction costs

-

0

0

0

14,573

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

Litigation settlement expense, net

-

-

-

-

-

-

-

-

-

-

11,975

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

Restructuring charges

-

-

-

-

-

-

-

-

-

-

-

-

-

-

231

6,115

-

-

0

0

-

-

-

-

-

-

-

-

-

-

-

-

-

0

0

0

3,467

0

0

Restructuring charges

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

174

168

173

176

-

-

-

-

-

-

Amortization of acquired technology and other intangibles

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

197

186

436

541

531

Total operating costs and expenses

104,975

96,875

80,685

69,578

76,547

53,292

39,577

37,160

32,724

28,964

36,626

24,850

22,864

3,550

29,099

35,735

29,042

12,431

34,319

36,160

34,000

39,351

34,373

38,167

30,352

28,487

23,444

29,021

23,377

22,216

20,575

20,117

21,792

20,405

22,761

23,243

29,109

29,372

29,423

Income (loss) from operations

-104,713

-93,873

-79,335

-68,556

724,510

-44,644

-36,004

-33,166

-30,969

-13,600

-34,211

-22,952

-21,204

50,012

-9,857

-26,223

-19,195

-29,608

-25,181

-26,979

-21,744

-30,160

-26,209

-25,366

-23,538

-21,971

-19,866

39,906

-21,004

-20,280

-19,090

1,860

-19,603

-18,329

-19,302

-19,984

-25,184

-21,743

-26,964

Interest and Other Income (Expense):
Interest income

4,946

5,901

6,889

7,595

6,487

2,972

2,524

2,502

774

429

13

16

34

43

54

105

88

53

37

34

34

14

16

24

29

21

28

16

24

38

41

25

15

15

20

33

49

107

92

Interest expense

1,163

1,125

1,203

1,222

1,241

1,352

1,423

1,448

1,472

1,495

1,516

1,538

1,570

1,605

1,609

1,619

1,679

1,695

1,683

1,754

1,696

1,710

1,723

1,735

1,747

1,758

1,768

1,778

1,787

1,796

1,804

2,489

3,031

3,222

3,211

3,182

4,694

6,267

2,281

Gain from valuation of derivative liabilities

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

0

852

1,171

-1,549

929

2,593

1,006

-110

49

4,100

2,142

3,859

461

5,259

-16,770

-2,375

-340

-233

181

439

3,023

415

Gain on sale of available-for-sale securities

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

16,276

33,277

-

-

0

0

-

-

-

-

-

-

-

-

-

-

-

Loss on extinguishment of debt

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

0

0

-4,668

-1,670

0

0

0

-10,514

-12,354

0

Other income

723

786

784

780

711

1,470

589

279

534

396

444

711

189

460

-1,067

554

-762

-1,937

-443

721

660

-1,134

-1,625

274

111

200

306

-186

32

297

73

-57

87

-1,806

-10

44

6

968

-19

Total interest and other income (expense), net

4,506

5,562

6,470

7,153

5,957

3,090

1,690

1,333

-164

-670

-1,059

-811

-1,347

-1,102

-2,622

-960

-2,353

-3,579

-1,237

172

-2,551

-1,901

15,537

32,846

-1,717

-1,488

2,666

194

2,128

-1,000

3,569

-23,959

-6,974

-5,353

-3,434

-2,924

-14,714

-14,523

-1,793

Income (loss) before income taxes

-100,207

-88,311

-72,865

-61,403

730,467

-41,554

-34,314

-31,833

-31,133

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

Income tax provision

-

33

0

-33

110,333

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

Income (loss) from continuing operations

-

-

-72,865

-61,403

-

68,711

-34,314

-31,833

-31,133

-14,270

-35,270

-23,763

-22,551

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

Income (loss) from discontinued operations

-

-

-

-

-

0

0

0

-830

315

2,606

147

54

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

Net income (loss)

-

-

-

-

-

-

-

-

-

-13,955

-32,664

-23,616

-22,497

38,314

-12,479

-27,183

-21,548

-

-26,418

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

Less net loss attributable to noncontrolling interest in consolidated variable interest entity

-

-

-

-

-

-

-

-

-

-271

-311

-299

-444

-

-122

-

-

-

0

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

Net income (loss)

-100,207

-88,311

-72,865

-61,403

620,134

68,711

-34,314

-31,833

-31,963

-13,684

-32,353

-23,317

-22,053

38,572

-12,357

-27,183

-21,548

-30,459

-26,418

-26,807

-24,295

-32,061

-10,672

7,480

-25,255

-23,459

-17,200

40,100

-18,876

-21,280

-15,521

-22,099

-26,577

-23,682

-22,736

-22,908

-39,898

-36,266

-28,757

Net income (loss) attributable to stockholders of Arena per share, basic:
Continuing operations

-

-

-1.46

-1.24

-

1.52

-0.70

-0.65

-0.78

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

Discontinued operations

-

-

-

-

-

0.00

0.00

0.00

-0.02

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

Deemed dividend related to beneficial conversion feature of convertible preferred stock

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

0

0

0

2,824

0

0

0

2,260

0

0

Net loss allocable to common stockholders

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-21,280

-15,521

-22,099

-29,401

-23,682

-22,736

-22,908

-42,158

-36,266

-28,757

Net income (loss) attributable to stockholders of Arena per share, basic and diluted:
Continuing operations

-

-

-

-

-

-

-

-

-

-

-0.93

-0.77

-0.90

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

Discontinued operations

-

-

-

-

-

-

-

-

-

-

0.07

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

Net income (loss) attributable to stockholders of Arena per share, basic and diluted

-

-

-

-

-

-

-

-

-

-

-0.86

-0.77

-0.90

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

Shares used in calculating net income (loss) attributable to stockholders of Arena per share, basic and diluted

-

-

-

-

-

-

-

-

-

-

37,766

30,299

24,482

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

Net income (loss) per share, basic:

-2.00

-1.84

-1.46

-1.24

12.53

1.52

-0.70

-0.65

-0.80

-

-

-

-

-

-0.51

-1.12

-0.09

-

-0.11

-0.11

-0.10

-0.14

-0.05

0.03

-0.12

-0.10

-0.08

0.18

-0.09

-0.08

-0.07

-0.12

-0.18

-0.13

-0.16

-0.16

-0.35

-0.31

-0.28

Net income (loss) attributable to stockholders of Arena per share, diluted:
Continuing operations

-

-

-1.46

-1.24

-

1.52

-0.70

-0.65

-0.78

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

Discontinued operations

-

-

-

-

-

0.00

0.00

0.00

-0.02

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

Net income (loss) per share, diluted:

-2.00

-1.71

-1.46

-1.24

12.10

1.52

-0.70

-0.65

-0.80

-

-

-

-

-

-0.51

-1.12

-0.09

-

-0.11

-0.11

-0.10

-0.14

-0.05

0.03

-0.12

-0.10

-0.08

0.18

-0.09

-0.08

-0.07

-0.12

-0.18

-0.13

-0.16

-0.16

-0.35

-0.31

-0.28

Shares used in calculating net income (loss) per share, basic:

50,228

50,121

49,864

49,653

49,478

49,537

49,368

49,263

39,996

-

-

-

-

-

24,325

24,308

242,876

-

242,257

242,067

235,703

220,166

219,866

219,682

219,222

218,658

218,316

217,940

217,503

217,728

213,881

190,272

164,213

556,394,120

145,965

142,693

121

117,409

104,136

Shares used in calculating net income (loss) per share, diluted:

50,228

56,020

49,864

49,653

51,255

49,537

49,368

49,263

39,996

-

-

-

-

-

24,325

24,308

242,876

-

242,257

242,067

235,703

214,507

219,866

225,341

219,222

212,070

218,316

224,528

217,503

217,728

213,881

190,272

164,213

556,394,120

145,965

142,693

121

117,409

104,136

Comprehensive Income (Loss):
Amounts attributable to stockholders of Arena:
Income (loss) from continuing operations

-

-

-

-

-

-

-

-

-

175,059

-34,959

-23,464

-22,107

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

Income (loss) from discontinued operations

-

-

-

-

-

-

-

-

-

315

2,606

147

54

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

Net income (loss)

-100,207

-88,311

-72,865

-61,403

620,134

68,711

-34,314

-31,833

-31,963

-13,684

-32,353

-23,317

-22,053

38,572

-12,357

-27,183

-21,548

-30,459

-26,418

-26,807

-24,295

-

-10,672

7,480

-25,255

-23,459

-17,200

40,100

-18,876

-21,280

-15,521

-22,099

-26,577

-23,682

-22,736

-22,908

-39,898

-36,266

-28,757

Net income (loss)

-

-

-

-

-

-

-

-

-

-13,955

-32,664

-23,616

-22,497

38,314

-12,479

-27,183

-21,548

-

-26,418

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

Foreign currency translation loss

-14

34

-33

7

-19

40

65

-50

17

-255

-443

1,910

804

-3,966

694

-1,239

2,591

-1,588

-2,881

527

-145

-801

-1,626

-484

91

135

1,303

389

-1,588

704

588

-2,234

1,688

-1,775

-3,146

4,315

383

-

-

Unrealized gain (loss) on available-for-sale investments

-1,164

-173

168

798

676

-175

93

113

-144

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

Comprehensive income (loss)

-

-

-

-

-

-

-

-

-

-14,343

-33,107

-21,706

-21,693

34,348

-11,785

-28,422

-18,957

-

-29,299

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-18,593

-39,515

-

-

Less comprehensive loss attributable to noncontrolling interest in consolidated variable interest entity

-

-

-

-

-

-

-

-

-

-271

-311

-299

-444

-

-122

-

-

-

0

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

Reclassification adjustment for realized gain on sale of available-for-sale securities

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

16,276

33,277

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

Unrealized holding gain (loss) on available-for-sale securities

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-2,037

-1,644

53,234

-

0

0

-

-

-

-

-

-

-

-

-

-

-

Unrealized gain on investment

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

0

-

-

-

-

-

-

-

-

-

-

Comprehensive income (loss)

-101,385

-88,450

-72,730

-60,598

620,791

68,576

-34,156

-31,770

-32,090

-14,072

-32,796

-21,407

-21,249

34,606

-11,663

-28,422

-18,957

-32,047

-29,299

-26,280

-24,440

-32,862

-30,611

-27,925

28,070

-23,324

-15,897

40,489

-20,464

-20,576

-14,933

-24,333

-24,889

-

-25,882

-

-

-

-

Royalty Revenue
Total revenues

262

-3,578

811

941

973

1,770

3,210

861

727

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

Collaboration and Other Revenue
Total revenues

-

6,580

539

81

84

6,878

363

3,133

1,028

-

-

-

1,660

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-