| Mar'20 | Dec'19 | Sep'19 | Jun'19 | Mar'19 | Dec'18 | Sep'18 | Jun'18 | Mar'18 | Dec'17 |
|---|---|---|---|---|---|---|---|---|---|
ASSETS | |||||||||
Current assets | |||||||||
Cash and cash equivalents | |||||||||
34,652 | 109,892 | 39,116 | 30,289 | 54,400 | 93,162 | 105,168 | 43,585 | 49,570 | 0 |
Short-term investments | |||||||||
64,987 | 19,911 | 34,913 | 69,640 | 79,313 | 0 | - | - | - | - |
Accounts receivable, net | |||||||||
10,406 | 10,661 | 7,206 | 1,410 | - | 0 | - | - | - | - |
Inventories | |||||||||
12,542 | 6,407 | 10,043 | 11,522 | 2,578 | 0 | - | - | - | - |
Prepaid expenses and other current assets | |||||||||
3,555 | 5,326 | 3,906 | 2,965 | 2,826 | 1,177 | 924 | 1,038 | 541 | 185 |
Related party receivable | |||||||||
- | - | - | - | - | - | 0 | 0 | 0 | 72,639 |
Total current assets | |||||||||
126,142 | 152,197 | 95,184 | 115,826 | 139,084 | 94,339 | 106,092 | 44,623 | 50,111 | 72,824 |
Property and equipment, net | |||||||||
1,433 | 902 | 984 | 290 | - | 0 | 1 | 5 | - | - |
Operating lease right-of-use assets | |||||||||
3,899 | 4,068 | 4,238 | 5,040 | 810 | 0 | - | - | - | - |
Intangible Assets, Net (Excluding Goodwill) | |||||||||
59,174 | 59,638 | 59,857 | 59,211 | 58,782 | 56,076 | 56,076 | 56,076 | 56,076 | 56,076 |
Goodwill | |||||||||
21,208 | 21,208 | 21,208 | 21,208 | 21,208 | 21,208 | 21,208 | 21,208 | 21,208 | 21,208 |
Other assets | |||||||||
2,295 | 2,429 | 1,195 | 1,206 | 1,045 | 221 | 0 | 22 | 0 | 2,125 |
Total assets | |||||||||
214,151 | 240,442 | 182,666 | 202,781 | 220,929 | 171,844 | 183,377 | 121,934 | 127,395 | 152,233 |
LIABILITIES AND STOCKHOLDERS’ EQUITY | |||||||||
Current liabilities | |||||||||
Accounts payable | |||||||||
10,699 | 5,796 | 6,125 | 22,074 | 1,863 | 1,558 | 661 | 751 | 547 | 445 |
Accrued expenses | |||||||||
9,403 | 13,960 | 14,378 | - | 6,735 | 3,718 | 4,799 | 2,933 | 2,352 | 977 |
Contingent royalty obligation payable to Evolus Founders | |||||||||
1,316 | 3,483 | 4,323 | - | - | 0 | - | - | - | - |
Operating lease liabilities | |||||||||
1,195 | 1,200 | 1,148 | 1,031 | 802 | 0 | - | - | - | - |
Related party accounts payable | |||||||||
- | - | - | - | - | - | - | - | 730 | - |
Related party borrowings | |||||||||
- | - | - | - | - | - | 0 | 0 | 0 | 72,639 |
Note obligation | |||||||||
- | - | - | - | - | - | 0 | 0 | 0 | 138,687 |
Total current liabilities | |||||||||
22,613 | 24,439 | 25,974 | 23,105 | 9,400 | 5,276 | 5,460 | 3,684 | 3,629 | 212,748 |
Contingent royalty obligation payable to Evolus Founders | |||||||||
32,900 | 41,200 | 44,572 | 43,773 | 45,900 | 50,200 | 51,100 | 48,800 | 40,600 | 0 |
Contingent promissory note payable to Evolus Founders | |||||||||
18,218 | 17,945 | 17,674 | 17,408 | 17,153 | 16,904 | 16,791 | 16,470 | 16,149 | 0 |
Long-term debt, net of discounts and issuance costs | |||||||||
73,841 | 73,508 | 73,180 | 72,862 | 72,557 | 0 | - | - | - | - |
Operating lease liabilities | |||||||||
3,717 | 3,893 | 4,067 | 4,147 | 29 | 0 | - | - | - | - |
Deferred tax liability | |||||||||
256 | 0 | 156 | 305 | 533 | 15,055 | 15,031 | 15,013 | 15,000 | 14,990 |
Deferred rent | |||||||||
- | - | 0 | - | - | 25 | 29 | 32 | 35 | 38 |
Total liabilities | |||||||||
151,545 | 160,985 | 165,623 | 161,600 | 145,572 | 87,460 | 88,411 | 83,999 | 75,413 | 227,776 |
Commitments and contingencies (Note 7) | |||||||||
- | - | - | - | - | - | 0 | 0 | 0 | - |
Stockholders’ equity | |||||||||
Preferred stock, $0.00001 par value; 10,000,000 shares authorized; no shares issued and outstanding at March 31, 2020 and December 31, 2019, respectively | |||||||||
0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 |
Common stock, $0.00001 par value; 100,000,000 shares authorized; 33,728,035 and 33,562,665 shares issued and outstanding at March 31, 2020 and December 31, 2019, respectively | |||||||||
1 | 1 | 1 | 1 | 1 | 1 | 1 | 1 | 1 | 0 |
Additional paid-in capital | |||||||||
295,174 | 292,509 | 215,574 | 212,704 | 209,365 | 207,408 | 205,548 | 136,687 | 134,301 | 0 |
Accumulated other comprehensive gain | |||||||||
225 | 6 | 19 | 43 | -9 | 0 | - | - | - | - |
Accumulated deficit | |||||||||
-232,794 | -213,059 | -198,551 | -171,567 | -134,000 | -123,025 | -110,583 | -98,753 | -82,320 | -75,543 |
Total stockholders’ equity | |||||||||
62,606 | 79,457 | 17,043 | 41,181 | 75,357 | 84,384 | 94,966 | 37,935 | 51,982 | -75,543 |
Total liabilities and stockholders’ equity | |||||||||
214,151 | 240,442 | 182,666 | 202,781 | 220,929 | 171,844 | 183,377 | 121,934 | 127,395 | 152,233 |
Series A Preferred Stock | |||||||||
Preferred Stock | |||||||||
- | - | - | - | - | - | - | - | - | 0 |