Bluebird bio, inc. (BLUE)
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'13Sep'12Jun'12
Revenue:
Revenue

21,863

9,997

8,910

13,296

12,471

19,243

11,528

7,851

15,957

4,168

7,711

16,716

6,832

1,552

1,552

1,552

1,499

1,471

1,324

4,940

6,344

6,386

6,365

6,335

6,335

6,335

6,385

6,334

1,127

85

85

Collaborative arrangement revenue

2,302

16,370

6,575

11,558

1,966

18,382

10,926

7,437

15,608

4,018

5,211

6,146

6,832

1,552

1,552

1,552

1,499

1,471

1,324

4,940

6,344

6,281

6,250

6,250

6,250

6,250

6,251

6,249

1,042

-

-

Research and license fees

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

105

115

85

85

85

134

85

85

85

85

Operating expenses:
Research and development

154,123

161,821

151,412

146,540

122,640

119,722

116,744

115,014

97,109

92,576

61,545

63,891

55,028

57,133

63,971

41,760

41,911

35,658

30,395

44,266

23,719

20,531

16,649

13,931

11,463

9,765

8,706

7,247

5,284

3,501

3,354

Selling, general and administrative

73,248

76,202

66,250

68,631

60,279

53,508

44,527

41,168

34,926

29,087

22,982

21,197

20,284

16,178

14,623

18,363

15,955

14,445

13,704

10,724

7,336

5,301

6,648

5,738

5,540

4,685

3,836

3,281

2,324

1,608

1,331

Cost of royalty revenue

1,025

1,073

862

613

430

818

29

21

17

-

1,100

420

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

Change in fair value of contingent consideration

-3,108

1,435

802

214

296

2,156

47

262

534

-730

-258

-970

1,433

576

1,098

1,404

1,013

329

352

1,973

215

-

78

-

-

-

-

-

-

-

-

Total operating expenses

225,288

240,531

219,326

215,998

183,645

176,204

161,347

156,465

132,586

120,940

85,369

84,538

76,745

73,887

79,692

61,527

58,879

50,432

44,451

56,963

31,270

26,000

23,375

19,669

17,003

14,450

12,542

10,528

7,608

5,109

4,685

Loss from operations

-203,425

-230,534

-210,416

-202,702

-171,174

-156,961

-149,819

-148,614

-116,629

-116,772

-77,658

-67,822

-69,913

-72,335

-78,140

-59,975

-57,380

-48,961

-43,127

-52,023

-24,926

-19,614

-17,010

-13,334

-10,668

-8,115

-6,157

-4,194

-6,481

-5,024

-4,600

Interest income, net

5,355

6,855

8,417

9,387

10,102

6,209

4,591

2,436

1,388

-160

-1,155

-2,242

1,556

-

937

981

-

-

-

-

-

-

-

-

-

-

-

-

-

1

1

Other expense, net

-4,447

535

-4,298

-2,936

-3,389

1,916

-252

182

115

-86

8

-834

-355

-3

-953

-76

961

93

263

228

139

-

-

-

-

5

44

-389

-63

-17

37

Foreign currency gains (losses)

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

4

6

Re-measurement of warrants

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

22

-30

Total other income (expense), net

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-20

11

59

-

-

-

-

-

-

Loss before income taxes

-202,517

-223,144

-206,297

-196,251

-164,461

-148,836

-145,480

-145,996

-115,126

-117,018

-78,805

-70,898

-68,712

-71,427

-77,203

-59,070

-56,419

-47,277

-42,864

-51,795

-24,787

-

-17,030

-13,323

-

-

-6,113

-4,583

-

-

-

Income tax (expense) benefit

94

248

-264

-469

-15

-

-

-

-

-

-

-

-

-63

-178

-226

-145

-

60

-

-

-

-

-11,797

-

-

-

-

-

-

-

Net loss

-202,600

-223,347

-206,033

-195,782

-164,446

-149,023

-145,480

-145,996

-115,126

-117,228

-78,805

-70,898

-68,712

-71,364

-77,025

-58,844

-56,274

-47,277

-42,924

-51,795

-24,787

-19,544

-17,030

-1,526

-10,609

-8,081

-6,113

-4,583

-6,544

-5,041

-4,563

Accretion and dividends on convertible preferred stock

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

1,285

Net loss applicable to common stockholders

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

315

-5,848

Net loss per share - basic and diluted:

-3.64

-4.04

-3.73

-3.55

-2.99

-2.73

-2.73

-2.91

-2.31

-2.57

-1.73

-1.73

-1.68

-1.89

-2.07

-1.59

-1.52

-1.30

-1.18

-1.57

-0.76

-0.72

-0.61

-0.06

-0.44

20.31

-0.26

-2.13

-19.94

-

-23.21

Weighted-average number of common shares used in computing net loss per share - basic and diluted:

55,590

55,350

55,292

55,165

54,957

54,775

53,277

50,153

49,923

46,621

45,648

41,035

40,836

38,061

37,201

36,954

36,920

36,779

36,384

32,955

32,558

29,447

28,115

24,474

24,148

24,118

23,623

2,151

328

-

252

Other comprehensive (loss) income:
Other comprehensive (loss) income, net of tax expense of $0.0 million and $0.4 million for the three months ended March 31, 2020 and 2019, respectively

-906

-

-2,032

973

1,835

-

-66

-345

-844

-

-683

-165

-101

-313

-194

330

1,319

-2,341

103

70

-52

-

-74

-

-

-

-

-

-

-

-

Total other comprehensive (loss) income

-906

958

-2,032

973

1,835

1,833

-66

-345

-844

-2,107

-683

-165

-101

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

Net (loss) income applicable to common stockholders-diluted

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

632

-

Net (loss) income per share applicable to common stockholders:
Basic

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

1.15

-

Diluted

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

1.14

-

Weighted-average number of common shares used in computing net (loss) income per share applicable to common stockholders:
Basic

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

275

-

Diluted

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

554

-

Comprehensive loss

-203,517

-222,389

-208,065

-194,809

-162,611

-147,190

-145,546

-146,341

-115,970

-119,335

-79,488

-71,063

-68,813

-71,677

-77,219

-58,514

-54,955

-49,618

-42,821

-51,725

-24,839

-19,541

-17,104

-1,526

-10,609

-8,081

-6,113

-4,583

-6,544

-5,041

-4,563

Service revenue
Revenue

16,833

-

-

-

9,211

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

Royalty revenue
Revenue

2,728

2,838

2,335

1,738

1,294

861

602

414

349

-

2,500

10,570

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-