Cerecor inc. (CERC)
Balance Sheet / Quarterly
Mar'20Dec'19Sep'19Jun'19Mar'19Dec'18Sep'18Jun'18Mar'18Dec'17Sep'17Jun'17Mar'17Dec'16Sep'16Jun'16Mar'16Dec'15Sep'15Dec'14
Assets
Current assets:
Cash and Cash Equivalents, at Carrying Value

5,659

3,609

5,300

9,400

16,100

10,646

6,838

2,179

2,523

2,472

23,955

5,460

3,001

5,127

8,815

11,879

16,601

21,161

3,307

11,742

Accounts receivable, net

2,194

1,001

4,955

2,860

2,718

822

3,008

3,308

2,830

2,935

-

-

-

132

-

-

-

-

-

-

Other receivables

2,063

4,240

-

-

-

5,262

-

-

-

-

-

-

-

-

-

-

-

-

-

-

Other receivables

-

-

208

143

5,531

-

6,264

88

55

427

-

-

-

0

-

-

-

-

-

-

Escrowed cash receivable

-

-

-

-

-

-

0

3,757

3,754

3,752

3,750

-

-

0

-

-

-

-

-

-

Inventory, net

16

21

402

617

1,046

317

1,064

1,540

3,440

382

-

-

-

0

-

-

-

-

-

-

Grants receivable

-

-

-

-

-

-

-

-

-

-

30

75

187

-

379

650

-

0

-

-

Prepaid expenses and other current assets

777

706

1,670

865

1,248

731

1,260

954

774

703

341

402

249

391

210

541

231

401

105

360

Restricted Cash and Cash Equivalents, Current

64

17

102

26

77

18

37

9

13

1

29

13

20

11

87

58

58

58

-

58

Investment in Aytu

14,708

7,628

-

-

-

0

-

-

-

-

-

-

-

-

-

-

-

-

-

-

Disposal Group, Including Discontinued Operation, Assets, Current

0

497

-

-

-

4,132

-

-

-

-

-

-

-

-

-

-

-

-

-

-

Total current assets

25,485

17,724

12,589

13,899

26,744

21,931

18,473

11,838

13,392

10,674

28,106

5,951

3,458

5,662

9,492

13,130

16,892

21,622

3,413

12,160

Deferred financing costs

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

1,879

-

Property and equipment, net

1,416

1,447

1,496

1,525

1,477

586

92

58

58

44

34

33

39

43

40

40

37

35

41

38

Intangible assets, net

2,695

2,426

26,595

27,632

30,160

3,765

32,456

32,003

33,100

17,664

-

-

-

0

-

-

-

-

-

-

Goodwill

14,409

14,409

16,411

16,411

16,411

14,400

16,411

18,070

18,678

14,292

-

-

-

0

-

-

-

-

-

-

Restricted Cash and Cash Equivalents, Noncurrent

112

101

101

152

77

81

179

175

131

131

62

62

62

62

50

-

-

0

117

117

Long-term assets of discontinued operations

-

-

-

-

-

29,476

-

-

-

-

-

-

-

-

-

-

-

-

-

-

Total assets

44,119

36,108

57,193

59,620

74,870

70,250

67,612

62,145

65,360

42,806

28,203

6,047

3,560

5,768

9,582

13,171

16,929

21,657

5,451

12,316

Liabilities and stockholders’ equity
Current liabilities:
Accounts payable

2,725

2,077

826

1,445

1,249

1,446

1,535

2,939

3,165

1,298

312

327

595

1,010

809

756

591

678

1,951

931

Accrued expenses and other current liabilities

6,194

5,640

13,133

13,347

21,815

14,328

18,172

10,334

7,739

7,531

1,290

720

638

947

3,361

2,403

2,151

1,885

1,519

975

Income taxes payable

0

551

1,014

1,392

1,814

2,032

2,195

2,171

2,266

2,259

-

-

-

0

-

-

-

-

-

-

Long-term debt, current portion

-

-

1,050

1,050

1,050

-

1,050

1,050

787

0

0

607

1,492

2,353

3,189

3,390

3,304

3,208

3,128

1,905

Contingent consideration, current portion

-

-

1,237

1,529

2,205

859

1,957

2,549

829

0

-

-

-

-

-

-

-

-

-

-

Disposal Group, Including Discontinued Operation, Liabilities, Current

6,409

3,891

-

-

-

7,549

-

-

-

-

-

-

-

-

-

-

-

-

-

-

Income taxes payable

-

-

-

-

-

-

-

-

-

-

3,230

-

-

-

-

-

-

-

-

-

Warrant liability

-

-

-

-

-

-

-

-

-

-

-

0

2

-

44

19

37

27

54

69

Unit purchase option liability

-

-

-

-

-

-

-

-

-

-

-

6

6

-

90

14

87

50

-

-

Investor rights obligation

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

1,112

Total current liabilities

15,329

12,160

17,262

18,765

28,134

26,216

24,911

19,045

14,788

11,089

4,833

1,662

2,736

4,311

7,495

6,585

6,172

5,849

6,654

4,993

Royalty obligation

2,000

0

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

License obligations

-

-

-

-

-

-

-

-

-

-

1,250

1,250

1,250

-

-

-

-

-

-

-

Long-term debt, net of current portion

-

-

14,254

14,279

14,303

-

14,352

14,376

14,590

0

-

-

-

-

-

611

1,487

2,353

3,195

5,308

Contingent consideration, net of current portion

-

-

6,236

6,329

6,796

396

7,552

8,223

9,821

2,576

-

-

-

0

-

-

-

-

-

-

Deferred tax liability, net

106

85

98

88

75

69

37

30

23

7

-

-

-

0

-

-

-

-

-

-

License obligations

-

-

0

1,250

1,250

1,250

1,250

1,250

1,250

1,250

-

-

-

1,250

-

-

-

-

-

-

Other long-term liabilities

1,094

1,111

1,121

1,212

1,189

385

0

0

304

24

-

-

-

0

1,500

404

388

370

107

-

Disposal Group, Including Discontinued Operation, Liabilities, Noncurrent

0

1,755

-

-

-

21,025

-

-

-

-

-

-

-

-

-

-

-

-

-

-

Total liabilities

18,530

15,113

38,972

41,924

51,749

49,342

48,104

42,925

40,777

14,947

6,083

2,912

3,986

5,561

8,995

7,600

8,048

8,573

9,956

10,302

Total convertible preferred stock

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

28,345

28,345

Stockholders’ equity:
Common stock—$0.001 par value; 200,000,000 shares authorized at March 31, 2020 and December 31, 2019; 59,560,252 and 44,384,222 shares issued and outstanding at March 31, 2020 and December 31, 2019, respectively

59

44

44

42

42

40

40

33

31

31

26

14

10

9

9

8

8

8

0

0

Preferred stock—$0.001 par value; 5,000,000 shares authorized at March 31, 2020 and December 31, 2019; 1,257,143 and 2,857,143 shares issued and outstanding at March 31, 2020 and December 31, 2019, respectively

1

2

2

2

2

2

0

0

0

0

0

0

0

0

0

0

0

0

-

-

Additional paid-in capital

160,935

135,238

134,085

129,545

128,747

119,082

112,126

87,241

83,944

83,338

77,167

76,915

71,559

70,232

68,974

67,789

67,575

66,638

17,063

16,742

Contingently issuable shares

-

-

-

-

-

-

0

0

2,655

2,655

-

-

-

0

-

-

-

-

-

-

Accumulated deficit

-135,407

-114,290

-115,900

-111,900

-105,700

-98,218

-92,659

-68,055

-62,048

-58,165

-55,073

-73,794

-71,995

-70,035

-68,396

-62,227

-58,703

-53,563

-49,914

-43,073

Stockholders' Equity Attributable to Parent

25,588

20,995

18,221

17,696

23,120

20,907

19,507

19,219

24,582

27,859

22,120

3,135

-425

207

586

5,570

8,881

13,083

-32,850

-26,330

Total liabilities and stockholders’ equity

44,119

36,108

57,193

59,620

74,870

70,250

67,612

62,145

65,360

42,806

28,203

6,047

3,560

5,768

9,582

13,171

16,929

21,657

5,451

12,316