Coherus biosciences, inc. (CHRS)
Balance Sheet / TTM
Mar'20Dec'19Sep'19Jun'19Mar'19Dec'18Sep'18Jun'18Mar'18Dec'17Sep'17Jun'17Mar'17Dec'16Sep'16Jun'16Mar'16Dec'15Sep'15Jun'15Mar'15Dec'14Dec'13
Assets
Current assets:
Cash and cash equivalents

193,252

177,668

165,116

105,927

81,515

72,356

101,202

130,005

82,021

126,911

135,557

73,352

124,924

124,947

159,677

220,916

179,558

158,226

153,691

206,088

115,136

150,392

39,554

Investments in marketable securities

-

-

5,377

5,991

14,918

-

15,968

29,813

13,143

-

14,493

44,980

49,900

-

-

-

-

-

-

-

-

-

-

Restricted cash

-

-

50

50

50

50

50

50

50

60

60

60

60

60

60

60

60

60

60

60

60

60

50

Trade receivables, net

167,450

141,992

89,646

77,385

46,476

0

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

Inventory

16,436

9,807

7,668

4,333

2,312

1,659

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

Prepaid manufacturing

11,700

8,600

5,381

6,748

8,249

7,906

9,776

10,270

14,206

14,969

-

-

-

-

-

-

-

-

-

-

-

-

-

Other prepaid and other assets

6,367

4,964

3,137

5,196

5,638

2,462

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

Other prepaid assets (includes related parties of $0 and $908 as of December 31, 2018 and 2017, respectively)

-

-

-

-

-

-

3,139

2,498

2,789

3,395

-

-

-

-

-

-

-

-

-

-

-

-

-

Receivables from collaboration and license agreement

-

-

-

-

-

-

-

-

-

-

-

-

26

1,859

419

419

1,195

1,560

540

1,454

2,015

2,417

278

Notes receivable

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

1,837

1,815

-

Notes receivable from related parties

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

107

Prepaid assets (includes related parties of $908 and $3,714 as of December 31, 2017 and 2016, respectively)

-

-

-

-

-

-

-

-

-

-

21,103

34,215

30,484

31,634

16,645

15,008

25,985

34,743

31,678

26,955

20,114

20,485

5,688

Other assets

-

-

-

-

-

-

179

145

32

142

392

735

2,866

2,986

518

431

4,785

2,797

3,333

3,344

3,044

2,276

-

Other assets - related party

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

1,691

1,691

1,691

-

Total current assets

395,183

343,009

276,375

205,630

159,158

84,433

130,314

172,781

112,241

145,477

171,605

153,342

208,260

161,486

177,319

236,834

211,583

197,386

189,302

239,592

143,897

179,136

45,677

Property and equipment, net

6,832

5,840

5,857

5,646

6,129

6,660

6,786

11,170

11,859

12,773

13,791

14,547

14,873

10,772

10,675

9,904

10,296

10,504

8,652

6,341

5,104

4,472

1,743

Inventory, non-current

48,632

45,264

29,941

18,465

9,700

4,012

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

Operating lease right-of-use assets

11,527

10,649

11,133

6,353

6,766

0

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

Intangible assets

2,620

2,620

2,620

2,620

2,620

2,620

2,620

2,620

2,620

2,620

2,620

2,620

2,620

2,620

2,620

2,620

2,620

2,620

2,620

2,620

2,620

2,620

-

Goodwill

943

943

943

943

943

943

943

943

943

943

943

943

943

943

943

943

943

943

943

943

943

943

-

Restricted cash, non-current

440

240

0

785

785

785

785

785

785

785

785

785

785

785

785

785

785

785

785

-

-

-

-

Other assets, non-current

362

362

514

14

14

14

14

14

14

13

14

14

14

1,879

15

15

9

146

10

50

589

50

27

Total assets

466,539

408,927

327,383

240,456

186,115

99,467

141,462

188,313

128,462

162,611

189,758

172,251

227,495

178,485

192,357

251,101

226,236

212,384

202,312

249,546

153,153

187,221

47,447

Liabilities and Stockholders' Equity
Current liabilities:
Accounts payable

20,485

25,985

13,709

19,223

11,173

15,294

7,637

13,303

14,331

15,481

10,139

15,752

12,560

19,706

22,883

17,433

17,904

25,948

25,186

14,091

10,871

8,778

3,302

Accounts payable - related parties

-

-

-

50

-

-

-

-

34

233

5

388

2,109

877

2,860

2,430

3,494

3,548

3,092

5,509

3,723

2,020

383

Accrued rebates, fees and reserve

66,157

51,120

37,121

20,650

11,945

0

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

Accrued compensation

10,400

18,410

13,352

10,810

7,292

10,540

-

-

-

2,074

-

-

-

-

-

-

-

-

-

-

-

-

-

Accrued liabilities

19,520

17,258

16,474

8,295

8,857

7,008

16,498

8,510

9,394

6,976

18,204

18,429

24,667

28,022

24,875

19,184

19,279

24,133

25,170

19,280

13,271

11,231

7,258

Advance payments under license agreement

-

-

-

-

-

-

-

-

-

-

-

1,070

1,070

1,070

1,150

1,200

970

1,330

-

-

1,192

1,192

-

Deferred revenue

-

-

-

-

-

-

-

-

-

-

-

-

669

892

1,377

61,258

49,633

49,621

28,848

31,005

22,800

22,800

14,283

Convertible notes

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

1,111

Convertible notes - related parties

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

3,092

Contingent consideration, current

-

-

-

-

-

-

-

-

3,498

3,290

2,760

-

5,940

5,550

4,990

6,570

1,435

1,245

-

-

-

5,710

-

Convertible preferred stock warrant liability

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

24,251

Other current liabilities

2,449

2,196

2,045

2,198

2,140

419

402

385

367

341

322

308

281

259

251

209

205

193

223

62

56

52

21

Total current liabilities

119,011

114,969

82,701

61,226

41,407

33,261

24,537

22,198

27,624

28,395

31,430

35,947

47,296

56,376

58,386

108,284

92,920

106,018

82,519

69,947

51,913

51,783

53,701

Deferred revenue, non-current

-

-

-

-

-

-

-

-

-

-

-

-

725

669

595

26,792

32,973

45,338

33,447

38,491

34,403

39,899

28,567

Contingent liability to collaborator

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

76,755

66,255

66,255

43,500

43,500

27,650

27,650

7,500

Contingent consideration, non-current

102

102

59

64

64

60

70

95

-

-

-

2,420

-

-

-

-

-

-

1,060

925

860

785

-

Convertible notes

78,866

78,542

78,226

77,916

77,614

77,319

77,031

76,750

76,474

76,206

75,944

75,687

75,437

75,192

74,953

74,720

74,492

-

-

-

-

-

-

Convertible notes - related parties

26,289

26,181

26,075

25,972

25,872

25,773

25,677

25,583

25,492

25,402

25,314

25,229

25,146

25,064

24,985

24,907

24,831

-

-

-

-

-

-

Term loan

73,858

73,663

73,472

73,286

73,124

0

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

Lease liabilities, non-current

11,138

10,256

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

Lease liabilities, non-current

-

-

10,827

5,977

6,549

0

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

Other liabilities, non-current

-

-

0

0

-

1,645

1,753

1,856

1,960

2,073

2,163

2,111

1,932

1,830

1,716

1,591

1,643

1,702

1,746

319

334

347

61

Total liabilities

309,264

303,713

271,360

244,441

224,630

138,058

129,068

126,482

131,550

132,076

134,851

141,394

150,536

159,131

160,635

313,049

293,114

219,313

162,272

153,182

115,160

120,464

89,829

Commitments and contingencies (Note 9)

-

-

-

-

-

-

0

0

0

-

0

0

0

0

0

0

0

0

0

0

0

0

0

Convertible preferred stock

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

54,695

Stockholders' equity:
Preferred stock

-

-

-

-

-

-

0

0

0

-

0

0

0

0

0

0

0

0

0

0

0

0

0

Common stock

7

7

7

7

7

7

7

7

6

6

6

5

5

5

4

4

4

4

4

4

3

3

1

Additional paid-in capital

1,016,644

1,000,763

990,693

977,787

966,731

946,515

935,042

927,129

818,753

808,060

783,359

700,244

691,078

558,474

494,831

484,967

409,812

404,175

398,636

383,522

266,246

254,048

2,514

Accumulated other comprehensive loss

50

-558

-452

-511

-418

-282

-420

-537

-764

-750

-745

-673

-807

-630

-562

-524

-449

-401

-473

-520

-648

-525

-

Accumulated deficit

-859,400

-894,998

-934,225

-981,268

-1,004,835

-984,831

-922,235

-863,427

-819,789

-775,492

-726,425

-667,436

-612,100

-537,322

-461,401

-545,340

-475,373

-409,985

-357,594

-286,260

-227,450

-186,725

-99,592

Total liabilities and stockholders' equity

157,275

105,214

-

-

-

-

12,394

63,172

-1,794

31,824

56,195

32,140

78,176

20,527

32,872

-60,893

-66,006

-6,207

40,573

96,746

38,151

66,801

-97,077

Non-controlling interest

-

-

-

-

-

-

-

-1,341

-1,294

-1,289

-1,288

-1,283

-1,217

-1,173

-1,150

-1,055

-872

-722

-533

-382

-158

-44

-

Total stockholders' equity (deficit)

-

-

56,023

-3,985

-38,515

-38,591

12,394

61,831

-3,088

30,535

54,907

30,857

76,959

19,354

31,722

-61,948

-66,878

-6,929

40,040

96,364

37,993

66,757

-97,077

Total liabilities and stockholders' equity (deficit)

466,539

408,927

327,383

240,456

186,115

99,467

141,462

188,313

128,462

162,611

189,758

172,251

227,495

178,485

192,357

251,101

226,236

212,384

202,312

249,546

153,153

187,221

47,447