Insmed inc (INSM)
Balance Sheet / 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'13Dec'12Sep'12Jun'12Mar'12Dec'11Sep'11Jun'11Dec'10
Assets
Current assets:
Cash and cash equivalents

428,900

487,429

535,600

601,300

420,200

495,072

567,574

634,329

686,581

381,165

430,678

91,064

125,839

162,591

200,518

223,109

252,872

282,876

310,969

335,027

134,554

159,226

167,311

82,697

101,251

113,894

128,025

74,588

79,434

90,782

44,989

28,575

22,043

14,848

10,449

9,839

10,743

Short-term investments

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

44,759

44,560

48,739

61,424

72,751

82,123

97,306

Certificate of deposit

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

2,195

2,173

2,153

2,132

2,111

2,091

0

2,085

2,085

2,176

Accounts receivable

17,154

19,232

15,346

11,638

9,347

5,515

-

-

-

0

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

0

0

0

757

440

303

471

Inventory

30,645

28,313

23,313

20,160

12,682

7,032

-

-

-

0

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

Prepaid expenses and other current assets

15,769

20,220

21,313

15,856

12,372

11,327

9,921

10,929

9,832

8,279

6,802

5,470

5,785

5,816

5,778

6,201

5,618

5,242

8,289

7,062

5,689

5,488

3,532

4,015

4,958

2,269

1,720

1,783

1,418

643

605

715

178

370

343

354

277

Total current assets

492,510

555,194

595,604

648,914

454,632

518,946

577,495

645,258

696,413

389,444

437,480

96,534

131,624

168,407

206,296

229,310

258,490

288,118

319,258

342,089

140,243

164,714

170,843

86,712

106,209

116,163

129,745

78,566

83,025

93,578

90,353

73,850

70,960

77,399

83,983

92,619

108,797

Intangibles, net

52,433

53,700

54,930

56,179

57,427

58,675

59,941

58,200

58,200

58,200

58,200

58,200

58,200

58,200

58,200

58,200

58,200

58,200

58,200

58,200

58,200

58,200

58,200

58,200

58,200

58,200

58,200

58,200

58,200

58,200

58,200

58,200

58,200

58,200

58,200

77,900

77,900

Certificate of deposit

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

2,085

-

-

-

Goodwill

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

0

6,290

6,290

Deposits

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

135

-

377

378

0

Fixed assets, net

58,638

60,180

53,000

38,900

27,933

22,600

19,526

17,881

15,816

12,400

8,975

9,234

9,807

10,020

10,274

9,793

8,899

8,092

8,052

7,989

7,292

7,534

5,982

4,778

1,977

1,812

1,904

1,855

1,681

1,666

1,647

1,758

1,867

1,937

1,424

1,016

1,102

Finance lease right-of-use assets

14,896

15,256

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

Operating lease right-of-use assets

36,137

37,673

39,949

42,316

44,609

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

Other assets

21,911

20,314

19,643

16,461

11,314

4,299

4,551

2,905

2,724

1,971

1,551

1,672

1,028

1,329

1,874

2,374

2,117

2,146

231

231

417

416

418

420

234

323

101

104

110

117

125

133

-

212

-

-

-

Total assets

676,525

742,299

763,117

802,783

595,915

604,556

661,513

724,244

773,153

462,047

506,206

165,640

200,659

237,956

276,644

299,677

327,706

356,556

385,741

408,509

206,152

230,864

235,443

150,110

166,620

176,498

189,950

138,725

143,016

153,561

152,457

136,052

133,253

139,833

146,069

180,288

196,265

Liabilities and shareholders’ equity
Current liabilities:
Accounts payable

18,188

13,184

20,415

17,031

30,223

17,741

16,579

15,966

13,176

14,671

9,348

11,030

8,454

10,439

8,283

9,402

8,688

7,468

10,857

8,681

7,860

9,249

8,867

11,407

9,818

5,929

4,661

7,865

8,184

7,060

2,985

3,198

2,879

2,334

1,504

1,921

1,450

Accrued expenses

32,687

40,375

38,908

49,363

38,317

38,254

40,368

29,046

21,074

17,142

18,802

14,548

14,143

16,822

14,528

13,513

10,495

10,995

9,903

6,012

5,976

9,638

3,547

4,546

3,143

3,905

5,652

3,188

5,329

2,933

836

1,882

193

800

1,548

1,162

139

Accrued compensation

8,949

19,140

13,954

10,218

16,271

22,208

-

-

-

12,197

-

-

-

-

-

-

-

-

-

2,550

1,584

-

3,032

2,071

1,371

2,839

1,953

1,889

1,359

2,207

1,581

849

510

795

-

-

1,117

Finance lease liabilities

1,263

1,221

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

Operating lease liabilities

10,367

11,040

11,985

9,184

9,359

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

Other current liabilities

78

280

130

234

82

1,529

472

630

556

646

616

694

674

728

647

716

686

683

682

701

716

743

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

Accrued lease expense, current

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

317

314

310

307

303

301

298

295

291

288

285

278

-

-

0

Deferred rent

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

321

167

121

129

134

139

144

149

151

152

154

156

154

150

150

Capital lease obligations, current

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

16

32

48

64

64

69

83

96

109

117

115

114

55

64

81

Current portion of long-term debt

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

8,689

5,674

3,113

25,256

25,123

24,989

-

5,178

3,281

5,187

3,283

7,055

4,650

4,875

3,007

-

-

-

0

-

-

-

Debt, current

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

592

-

-

-

-

-

-

Deferred revenue

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

421

195

402

Total current liabilities

71,532

85,240

85,392

86,030

94,252

79,732

57,419

45,642

34,806

44,656

28,766

26,272

23,271

27,989

23,458

32,320

25,543

22,259

46,698

43,067

41,125

19,630

21,278

21,818

19,998

16,456

19,822

18,101

20,272

15,747

6,545

6,486

4,136

4,477

3,682

3,492

3,339

Capital lease obligations, long-term

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

16

32

48

64

80

101

131

166

45

58

83

Debt, long-term

340,939

335,940

331,003

326,128

321,313

316,558

311,861

307,156

302,706

55,567

55,388

55,194

54,993

54,791

34,681

16,136

19,114

22,027

-

-

-

24,856

14,713

16,494

14,569

16,338

12,538

14,894

14,511

16,221

8,503

8,965

-

0

-

-

-

Finance lease liabilities, long-term

19,196

19,529

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

Operating lease liabilities, long-term

27,197

29,308

31,417

33,530

35,709

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

Accrued lease expense, long-term

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

118

185

250

315

380

449

514

580

647

717

784

852

923

-

-

0

Other long-term liabilities

10,960

10,608

11,264

522

504

0

826

805

785

765

747

729

711

693

676

660

586

572

44

102

162

23

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

Total liabilities

469,824

480,625

459,076

446,210

451,778

396,290

370,106

353,603

338,297

100,988

84,901

82,195

78,975

83,473

58,815

49,116

45,243

44,858

46,742

43,169

41,287

44,627

36,176

38,562

34,882

33,174

32,825

33,541

35,411

32,679

15,845

16,336

5,119

5,566

3,727

3,550

3,422

Shareholders’ equity:
Common stock, $0.01 par value; 500,000,000 authorized shares, 89,859,549 and 89,682,387 issued and outstanding shares at March 31, 2020 and December 31, 2019, respectively

899

897

893

892

776

773

771

770

766

766

766

624

621

620

619

619

619

618

618

617

500

498

496

393

393

391

391

320

316

315

312

249

249

248

248

248

1,565

Preferred stock; $.01 par value; authorized shares 200,000,000; issued and outstanding shares, zero in 2011 and 9,174,589 in 2010

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

0

0

918

Additional paid-in capital

1,808,712

1,797,286

1,786,667

1,778,517

1,499,646

1,489,664

1,481,205

1,472,699

1,460,460

1,318,181

1,313,006

930,185

923,760

919,164

914,049

909,004

904,342

900,043

896,099

891,479

662,514

656,519

651,904

540,298

537,264

534,554

532,141

462,944

455,725

455,325

455,560

429,545

428,237

427,743

427,234

426,795

423,877

Warrant to purchase common stock

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

790

790

-

-

-

0

-

-

-

Accumulated deficit

-1,602,863

-1,536,499

-1,483,511

-1,422,829

-1,356,315

-1,282,162

-1,190,589

-1,102,846

-1,026,409

-957,885

-892,501

-847,322

-802,650

-765,236

-696,834

-659,074

-622,495

-588,963

-557,718

-526,756

-498,149

-470,780

-453,133

-429,143

-405,919

-391,621

-375,407

-358,080

-349,226

-335,548

-320,095

-310,714

-301,018

-294,174

-286,011

-251,422

-234,510

Accumulated other comprehensive loss

-47

-10

-8

-7

30

-9

20

18

39

-3

34

-42

-47

-65

-5

12

-3

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

Unrealized gain on investments, net of taxes

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

835

636

666

450

871

1,117

993

Total shareholders’ equity

206,701

261,674

304,041

356,573

144,137

208,266

291,407

370,641

434,856

361,059

421,305

83,445

121,684

154,483

217,829

250,561

282,463

311,698

338,999

365,340

164,865

186,237

199,267

111,548

131,738

143,324

157,125

105,184

107,605

120,882

136,612

119,716

128,134

134,267

142,342

176,738

192,843

Total liabilities and shareholders’ equity

676,525

742,299

763,117

802,783

595,915

604,556

661,513

724,244

773,153

462,047

506,206

165,640

200,659

237,956

276,644

299,677

327,706

356,556

385,741

408,509

206,152

230,864

235,443

150,110

166,620

176,498

189,950

138,725

143,016

153,561

152,457

136,052

133,253

139,833

146,069

180,288

196,265

Common stock, par value (in dollars per share)

-

-

-

-

-

0.01

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-