Virgin galactic holdings, inc. (IPOA)
Balance Sheet / Yearly
Mar'20Dec'19Sep'19Jun'19Mar'19Dec'18Sep'18Jun'18Mar'18Dec'17Sep'17
Assets
Current assets
Cash and cash equivalents

419,374

480,443

48

274

326

73,990

804

817

1,006

696

933

Restricted cash

12,278

12,278

-

-

-

7,378

-

-

-

-

-

Accounts receivable

-

-

-

-

-

1,279

-

-

-

-

-

Inventories

28,797

26,817

-

-

-

23,288

-

-

-

-

-

Prepaid expenses and other current assets

14,879

17,133

-

-

-

4,195

-

-

-

-

-

Due from related party, net

-

-

-

-

-

8,967

-

-

-

-

-

Due from underwriter

-

-

-

-

-

-

0

0

0

657

-

Prepaid expenses

-

-

74

79

145

-

81

121

239

272

368

Total current assets

475,328

536,671

122

354

472

119,097

886

939

1,246

1,625

1,301

Property, plant, and equipment, net

52,382

49,333

-

-

-

34,214

-

-

-

-

-

Other non-current assets

20,349

19,542

-

-

-

2,728

-

-

-

-

-

Marketable securities held in Trust Account

-

-

677,167

712,534

708,426

-

700,393

697,131

694,165

691,941

690,203

Total assets

548,059

605,546

677,290

712,888

708,898

156,039

701,280

698,070

695,411

693,567

691,505

Liabilities and Stockholders' Equity
Current liabilities
Accounts payable

8,410

7,038

5,479

2,466

274

7,217

457

314

443

230

133

Current portion of finance lease obligation

-

-

-

-

-

56

-

-

-

-

-

Accrued expenses

18,511

22,277

-

-

-

18,166

-

-

-

-

-

Customer deposits

83,264

83,362

-

-

-

80,883

-

-

-

-

-

Other current liabilities

3,207

3,168

-

-

-

-

-

-

-

-

-

Due to related parties, net

-

-

1,725

759

405

0

376

346

0

126

115

Promissory note - related party

-

-

-

-

-

-

-

-

-

-

100

Total current liabilities

113,392

115,845

7,205

3,226

679

106,322

833

661

443

356

349

Other long-term liabilities

22,666

22,141

-

-

-

-

-

-

-

-

-

Deferred rent

-

-

-

-

-

8,158

-

-

-

-

-

Deferred underwriting fees

-

-

24,150

24,150

24,150

-

24,150

24,150

24,150

24,150

24,150

Total liabilities

136,058

137,986

31,355

27,376

24,829

114,480

24,983

24,811

24,593

24,506

24,499

Commitments and contingencies (Note 15)

-

-

-

-

-

-

0

0

0

-

0

Stockholders' Equity
Net parent investment

-

-

-

-

-

41,477

-

-

-

-

-

Class A ordinary shares subject to possible redemption, 61,738,641 and 66,136,664 shares at redemption value at September 30, 2019 and December 31, 2018, respectively

-

-

640,934

680,512

679,068

-

671,296

668,259

665,818

664,060

662,005

Preferred stock, $0.0001 par value; 10,000,000 authorized; none issued and outstanding

0

0

0

0

0

0

0

0

0

0

0

Common stock, $0.0001 par value; 700,000,000 shares authorized; 209,240,972 and 196,001,038 shares issued and outstanding as of March 31, 2020 and December 31, 2019, respectively

21

20

-

-

-

0

-

-

-

-

-

Additional paid-in capital

593,582

589,158

-

-

-

0

0

-531

1,909

3,667

5,065

Accumulated deficit

-181,607

-121,677

4,997

4,997

4,997

0

4,997

5,529

3,088

1,330

-67

Accumulated other comprehensive income

5

59

-

-

-

82

-

-

-

-

-

Total stockholders' equity

412,001

467,560

5,000

5,000

5,000

41,559

5,000

5,000

5,000

5,000

5,000

Total liabilities and stockholders' equity

548,059

605,546

677,290

712,888

708,898

156,039

701,280

698,070

695,411

693,567

691,505

Common Class A
Common Stock, Value, Issued

-

-

0

0

0

-

-

-

-

0

-

Common Class B
Common Stock, Value, Issued

-

-

1

1

1

-

-

-

-

1

-