Arvinas, inc. (ARVN)
Balance Sheet / TTM
Mar'20Dec'19Sep'19Jun'19Mar'19Dec'18Sep'18Dec'17
Assets
Current assets:
Cash and cash equivalents

36,106

9,211

12,135

11,342

28,786

3,190

6,191

30,912

Marketable securities

226,728

271,661

178,375

147,831

146,175

184,637

83,602

8,258

Account receivable

-

-

59

-

-

2,775

-

25,000

Other receivables

3,878

6,280

5,142

1,402

2,469

2,255

2,178

1,040

Prepaid expenses and other current assets

3,482

3,727

3,951

2,685

2,304

2,818

3,545

316

Total current assets

270,195

290,880

199,663

163,261

179,735

195,677

95,518

65,528

Property, equipment and leasehold improvements, net

9,575

8,455

7,152

6,366

4,227

3,583

3,347

1,298

Operating lease right of use assets

2,650

2,278

2,257

2,397

2,584

-

-

-

Other assets

28

26

20

20

20

20

20

20

Total assets

282,449

301,641

209,093

172,046

186,568

199,281

98,886

66,848

Liabilities and stockholders' equity
Current liabilities:
Accounts payable

3,020

4,556

2,277

1,411

1,563

2,758

1,300

596

Accrued expenses

6,783

7,602

6,226

3,998

2,947

4,001

4,851

3,545

Deferred revenue

22,464

19,979

20,294

14,815

15,440

16,065

13,501

13,553

Current portion of long-term debt

-

-

-

71

113

154

194

159

Current portion of operating lease liability

899

673

597

647

534

-

-

-

Total current liabilities

33,168

32,813

29,396

20,945

20,600

22,979

19,847

17,854

Deferred revenue

33,730

38,427

41,770

30,701

34,093

37,484

40,713

48,545

Long term debt

2,000

2,000

2,000

2,000

2,000

2,000

2,000

151

Operating lease liability

1,842

1,714

1,767

1,893

2,137

150

-

-

Preferred unit warrant liability

-

-

-

-

-

-

-

50

Total liabilities

70,742

74,955

74,934

55,540

58,830

62,614

62,561

66,602

Commitments and Contingencies

-

-

-

-

-

-

0

-

Stockholders’ equity:
Common stock, $0.001 par value; 38,672,433 and 38,461,353 shares issued and outstanding as of March 31, 2020 and December 31, 2019, respectively

38

38

33

31

31

31

3

-

Accumulated deficit

-394,296

-372,556

-351,509

-333,833

-316,669

-302,264

-286,176

-62,417

Additional paid-in capital

606,567

599,097

485,439

450,007

444,295

439,118

7,377

-

Accumulated other comprehensive income (loss)

-602

107

196

300

80

-217

-47

-9

Total stockholders’ equity

211,707

226,686

134,159

116,505

127,737

136,666

-278,842

-61,234

Total liabilities and stockholders’ equity

282,449

301,641

209,093

172,046

186,568

199,281

98,886

66,848

Series A Redeemable Convertible Preferred Units
Redeemable convertible preferred units/stock

-

-

-

-

-

-

-

19,768

Series B Redeemable Convertible Preferred Units
Redeemable convertible preferred units/stock

-

-

-

-

-

-

-

41,712

Common Units
Common and Incentive units

-

-

-

-

-

-

-

6

Incentive Units
Common and Incentive units

-

-

-

-

-

-

-

1,186