INCYTE CORP INCY Balance Sheet

Incyte corp (INCY)

Balance Sheet / Quarterly

Mar'20	Dec'19	Sep'19	Jun'19	Mar'19	Dec'18	Sep'18	Jun'18	Mar'18	Dec'17	Sep'17	Jun'17	Mar'17	Dec'16	Sep'16	Jun'16	Mar'16	Dec'15	Sep'15	Jun'15	Mar'15	Dec'14	Sep'14	Jun'14	Mar'14	Dec'13	Sep'13	Jun'13	Mar'13	Dec'12	Sep'12	Jun'12	Mar'12	Dec'11	Sep'11	Jun'11	Mar'11	Dec'10
ASSETS
Current assets:
Cash and cash equivalents
1,043	1,832	1,702	1,416	1,299	1,163	1,112	928	894	899	1,128	451	361	652	580	487	657	521	445	439	421	452	382	406	436	471	272	258	265	224	239	257	231	273	312	359	377	417
Marketable securities-available-for-sale (amortized cost $258,622; allowance for credit losses $0)
259	284	284	279	281	274	263	269	276	270	153	156	150	156	136	141	153	186	189	187	163	147	150	102	82	37	19	19	4	4	4	4	4	4	4	5	5	6
Restricted cash and investments
-	-	-	-	-	-	-	-	-	-	-	-	-	-	0	0	0	0	0	0	0	0	0	0	0	0	-	-	-	-	9	9	19	19	18	18	18	18
Accounts receivable
351	308	276	302	244	307	247	316	220	266	198	169	244	148	131	129	101	114	86	75	69	57	109	47	46	35	33	27	28	70	16	13	13	6	2	2	16	5
Inventory
14	11	7	6	7	6	5	5	4	6	3	2	3	4	4	6	1	1	2	1	2	0	0	0	0	0	0	0	0	0	0	0	-	-	-	-	-	-
Deferred income taxes
-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	9	7	6	-	0	0	0	0	-	-	-	-	-	-	-	-	-	-	-	-
Prepaid expenses and other current assets
48	43	49	53	72	79	71	77	73	62	58	63	58	32	34	27	21	17	23	20	28	20	18	19	13	9	9	8	10	9	8	8	7	7	7	6	6	6
Total current assets
1,716	2,481	2,319	2,058	1,904	1,832	1,700	1,598	1,469	1,504	1,541	844	819	994	886	792	935	842	757	732	692	679	662	577	581	555	333	313	309	309	278	294	276	310	346	391	425	455
Restricted cash and investments
2	1	0	1	0	1	1	1	0	0	0	0	0	0	0	0	13	13	18	14	13	14	14	14	14	14	-	-	-	-	-	-	-	-	9	9	18	18
Long term investments
180	133	117	115	120	99	121	131	165	134	169	144	158	31	55	31	32	35	35	67	39	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-
Inventory
8	5	6	6	3	3	5	6	7	7	11	11	14	15	14	15	17	17	17	18	17	19	17	15	15	14	14	11	9	8	5	4	3	3	-	-	-	0
Property and equipment, net
410	377	347	339	338	319	300	267	264	259	246	218	193	167	151	138	92	86	83	81	80	81	75	55	38	26	6	6	6	6	6	6	6	6	6	5	4	4
Finance lease right-of-use assets, net
28	29	29	30	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-
Other intangible assets, net
188	193	199	204	209	215	220	226	231	236	242	247	253	258	263	269	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-
In-process research and development
-	-	-	-	-	-	-	-	-	-	-	12	12	12	12	12	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-
Goodwill
155	155	155	155	155	155	155	155	155	155	155	155	155	155	155	155	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-
Other assets, net
61	49	38	36	20	19	14	10	9	2	7	3	0	2	2	2	12	12	19	15	19	2	15	16	17	17	2	3	5	6	6	7	7	8	8	9	9	10
Total assets
2,752	3,426	3,214	2,947	2,754	2,645	2,519	2,397	2,306	2,302	2,374	1,639	1,607	1,638	1,544	1,417	1,103	1,007	931	930	862	796	785	679	666	629	357	334	330	330	296	311	293	328	371	416	459	489
LIABILITIES AND STOCKHOLDERS' EQUITY
Current liabilities:
Accounts payable
60	83	95	66	70	103	95	75	74	67	69	69	86	75	57	40	31	30	27	29	26	24	26	27	17	19	18	13	15	13	12	11	13	14	11	8	7	10
Accrued compensation
57	90	80	53	48	60	58	41	51	74	61	50	54	50	47	31	23	38	30	25	24	34	26	19	14	28	17	14	11	22	15	13	11	21	13	10	9	14
Interest payable
0	0	0	0	0	0	0	0	0	0	0	0	0	0	2	0	2	0	3	1	4	1	4	1	4	1	6	3	9	4	9	4	9	4	9	4	9	4
Accrued and other current liabilities
330	285	249	210	211	229	231	213	219	198	164	150	142	126	112	102	133	86	82	80	70	62	54	50	56	46	41	33	31	28	22	25	25	24	19	20	16	15
Finance lease liabilities
0	0	0	0	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-
Convertible senior notes
18	18	-	-	-	-	7	7	7	7	-	-	-	-	-	-	-	-	0	42	87	85	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-
Accrued restructuring
-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	0
Deferred revenue-Product revenues
-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	8	6	2	66	66	66	-
Deferred revenue-collaborative agreements
-	-	-	-	-	-	-	-	-	-	-	-	-	-	2	6	9	12	12	12	12	12	12	12	12	12	25	39	52	66	66	66	66	66	-	-	-	66
Acquisition-related contingent consideration
35	34	35	35	34	31	29	29	28	26	24	22	21	19	17	17	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-
Convertible subordinated note
-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	9	9	9	-	-	-	-	-
Total current liabilities
503	513	461	367	364	425	422	368	381	375	319	293	304	273	240	198	200	168	155	192	225	221	124	112	106	108	109	102	121	136	137	139	142	135	120	110	110	113
Convertible senior notes
-	-	18	17	17	17	17	17	16	16	23	23	41	651	643	635	627	619	623	617	610	589	681	673	665	661	187	214	328	322	315	309	303	298	292	287	281	276
Acquisition-related contingent consideration
239	242	246	250	252	255	256	258	258	260	259	283	282	281	280	276	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-
Finance lease liabilities
31	31	31	31	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-
Convertible subordinated notes
-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	9	9	9	8	8	8	17	17	17	17	16
Other liabilities
39	40	33	33	33	21	21	20	21	19	13	12	12	12	10	10	48	48	50	51	52	54	52	44	34	26	3	3	-	-	-	-	-	-	-	-	-	-
Deferred income taxes
-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	9	7	6	-	0	0	0	0	-	-	-	-	-	-	-	-	-	-	-	-
Deferred revenue-collaborative agreements
-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	2	6	9	12	15	18	22	25	28	31	35	38	54	70	87	104	121	137	154	171
Total liabilities
814	828	792	700	668	719	717	664	677	671	616	612	641	1,219	1,174	1,120	876	836	843	875	904	878	874	850	829	822	328	362	493	505	516	529	542	556	552	552	563	578
Stockholders' equity:
Preferred stock, $0.001 par value; 5,000,000 shares authorized; none issued or outstanding as of March 31, 2020 and December 31, 2019
-	-	-	-	-	-	0	0	0	-	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0
Common stock, $0.001 par value; 400,000,000 shares authorized; 216,952,325 and 216,177,830 shares issued and outstanding as of March 31, 2020 and December 31, 2019, respectively
0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0
Additional paid-in capital
4,102	4,044	3,972	3,925	3,869	3,813	3,759	3,718	3,666	3,627	3,585	2,892	2,824	2,096	2,053	2,016	1,982	1,950	1,922	1,847	1,760	1,701	1,656	1,634	1,606	1,541	1,720	1,642	1,503	1,476	1,450	1,431	1,404	1,380	1,371	1,363	1,343	1,332
Accumulated other comprehensive loss
-13	-15	-8	-8	-9	-10	-9	-9	-10	-7	12	10	5	-2	0	0	0	-0	-0	1	2	1	1	2	2	1	2	1	1	1	2	1	1	1	1	1	2	1
Accumulated deficit
-2,151	-1,430	-1,541	-1,670	-1,775	-1,877	-1,946	-1,975	-2,028	-1,990	-1,840	-1,876	-1,863	-1,674	-1,683	-1,720	-1,754	-1,778	-1,834	-1,794	-1,803	-1,785	-1,748	-1,807	-1,770	-1,737	-1,694	-1,672	-1,669	-1,653	-1,672	-1,650	-1,654	-1,609	-1,554	-1,501	-1,449	-1,423
Total stockholders' equity
1,937	2,598	2,422	2,247	2,085	1,925	1,802	1,732	1,628	1,630	1,757	1,026	965	419	369	297	227	171	88	55	-41	-81	-89	-170	-162	-193	28	-27	-163	-174	-219	-217	-248	-227	-181	-136	-103	-88
Total liabilities and stockholders' equity
2,752	3,426	3,214	2,947	2,754	2,645	2,519	2,397	2,306	2,302	2,374	1,639	1,607	1,638	1,544	1,417	1,103	1,007	931	930	862	796	785	679	666	629	357	334	330	330	296	311	293	328	371	416	459	489