Kalvista pharmaceuticals, inc. (KALV)
Balance Sheet / Quarterly
Jan'20Oct'19Jul'19Apr'19Jan'19Oct'18Jul'18Apr'18Jan'18Oct'17Jul'17Apr'17Jan'17Sep'16Jun'16Apr'16Mar'16Dec'15Sep'15Jun'15Mar'15Dec'14
Assets
Current assets:
Cash and cash equivalents

18,615

21,719

30,107

32,006

56,345

121,116

48,070

51,055

58,678

28,128

26,456

30,950

33,498

35,208

36,819

-

48,455

53,723

59,878

65,381

3,181

3,897

Marketable securities

61,955

71,742

70,259

68,805

54,802

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

Research and development tax credit receivable

14,803

11,814

12,625

11,315

8,970

-

-

6,834

-

-

-

-

-

-

-

-

-

-

-

-

-

-

Research and development tax credit receivable

-

-

-

-

-

7,032

5,604

-

4,989

3,718

2,822

2,250

2,840

-

-

-

-

-

-

-

-

-

Grants and other receivables

-

-

-

-

-

-

-

-

40

893

-

297

-

-

-

-

-

-

-

-

-

-

Grants receivable

-

-

-

-

-

-

-

-

-

-

73

-

398

-

-

-

-

-

-

-

-

-

Prepaid expenses and other current assets

3,632

2,617

2,728

3,420

3,946

1,922

1,511

1,491

2,003

1,400

841

701

1,217

605

1,138

-

1,010

1,222

1,571

1,614

1,127

690

Total current assets

99,005

107,892

115,719

115,546

124,063

130,070

55,185

59,380

65,710

34,139

30,192

34,198

37,953

35,813

37,957

-

49,465

54,945

61,449

66,995

4,308

4,587

Right of use assets

1,497

1,634

1,737

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

Property and equipment, net

2,260

2,365

2,255

2,413

2,289

2,316

2,260

1,836

774

602

592

97

97

-

-

-

160

805

362

374

329

180

Restricted cash

-

-

-

-

-

-

-

-

-

-

-

-

-

50

50

-

50

50

50

50

50

50

Deferred public offering costs

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

2,846

1,648

Other assets

173

173

173

173

173

173

173

173

173

-

-

50

-

-

-

-

-

991

218

179

179

179

Total assets

102,935

112,064

119,884

118,132

126,525

132,559

57,618

61,389

66,657

34,741

30,784

34,345

38,050

35,863

38,007

-

49,675

56,791

62,079

67,598

7,712

6,644

Liabilities and stockholders’ equity
Current liabilities:
Accounts payable

2,951

2,238

3,103

2,860

2,998

3,018

2,345

1,433

1,575

1,040

1,943

1,153

755

431

187

-

793

1,460

1,527

1,992

2,545

1,024

Accrued expenses

4,876

5,029

4,261

5,647

3,408

2,994

3,137

3,087

2,290

2,253

1,692

1,865

2,446

1,431

1,713

-

1,082

1,327

1,272

1,666

1,832

1,605

Deferred revenue - current portion

1,343

2,601

6,023

9,545

12,311

14,769

17,207

18,475

-

-

-

-

-

-

-

-

-

-

-

-

-

-

Lease liability - current portion

592

602

580

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

Loan payable

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

1,950

1,455

965

480

1,075

4,435

Deferred revenue - current portion

-

-

-

-

-

-

-

-

19,996

-

-

-

-

29

29

-

29

29

29

29

-

29

Capital lease liability - current portion

-

-

-

-

109

157

214

221

222

220

202

-

-

-

-

-

-

-

-

-

-

-

Convertible promissory notes

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

5,524

-

Deferred licensing revenue

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

29

-

Total current liabilities

9,762

10,470

13,967

18,052

18,826

20,938

22,903

23,216

24,083

3,513

3,837

3,018

3,201

1,891

1,929

-

3,854

4,271

3,793

4,167

11,005

7,093

Long-term liabilities:
Deferred revenue - net of current portion

2,500

2,754

2,873

3,342

3,666

4,670

8,465

10,862

-

-

-

-

-

-

-

-

-

-

-

-

-

-

Lease liability - net of current portion

926

1,053

1,177

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

Loans payable, net of current portion

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

2,701

3,154

3,601

4,036

3,404

-

Convertible promissory notes

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

2,131

Derivative liability

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

2,287

1,495

Preferred stock warrant liability

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

463

Preferred stock warrant liability

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

349

-

Deferred revenue - net of current portion

-

-

-

-

-

-

-

-

13,889

-

-

-

-

35

42

-

49

56

64

71

78

85

Capital lease liability - net of current portion

-

-

-

-

-

-

-

58

117

149

213

-

-

-

-

-

-

-

-

-

-

-

Total long-term liabilities

3,426

3,807

4,050

3,342

3,666

4,670

8,465

10,920

14,006

149

213

-

-

-

-

-

-

-

-

-

-

-

Deferred rent, net of current portion

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

2

2

Total liabilities

-

-

-

-

-

-

-

-

-

-

-

-

-

1,926

1,971

-

6,604

7,481

7,458

8,274

17,125

11,269

Commitments and contingencies (Note 5)

-

-

-

-

-

0

0

-

0

0

0

0

0

0

0

-

0

0

0

0

0

0

Stockholders’ equity
Preferred stock, $0.001 par value; 5,000,000 shares authorized as of September 30, 2016 and December 31, 2015: no shares issued and outstanding as of September 30, 2016 and December 31, 2015

-

-

-

-

-

-

-

-

-

-

-

-

-

0

0

-

0

0

0

0

-

0

Common stock, $0.001 par value, 100,000,000 authorized Shares issued and outstanding: 17,845,599 at January 31, 2020 and 17,277,750 at April 30, 2019

18

18

18

17

17

17

11

11

11

11

10

10

10

27

27

-

27

27

27

27

1

1

Additional paid-in capital

206,119

204,950

203,650

191,123

190,067

189,164

105,358

100,011

99,696

99,408

90,036

89,815

89,399

122,873

122,586

-

122,272

121,904

121,556

121,268

-

3,593

Additional paid-in capital

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

3,989

-

Accumulated deficit

-115,008

-105,717

-99,814

-92,476

-83,950

-79,994

-76,690

-71,660

-71,003

-65,769

-60,784

-55,855

-51,653

-88,963

-86,577

-

-79,228

-72,621

-66,962

-61,971

-52,959

-47,775

Accumulated other comprehensive loss

-1,382

-1,464

-1,987

-1,926

-2,101

-2,236

-2,429

-1,109

-136

-2,571

-2,528

-2,643

-2,907

-

-

-

-

-

-

-

-

-

Total stockholders’ equity

89,747

97,787

101,867

96,738

104,033

106,951

26,250

27,253

28,568

31,079

26,734

31,327

34,849

33,937

36,036

-37,112

43,071

49,310

54,621

59,324

-48,969

-44,181

Balance

89,747

97,787

101,867

96,738

-

-

-

-

-

-

-

-

-

-

-

-37,112

-

-

-

-

-

-

Total liabilities and stockholders’ equity

102,935

112,064

119,884

118,132

126,525

132,559

57,618

61,389

66,657

34,741

30,784

34,345

38,050

35,863

38,007

-

49,675

56,791

62,079

67,598

7,712

6,644

Series B Convertible Preferred Stock [Member]
Balance

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

33,002

-

-

-

-

-

-

Balance, shares

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

8,422

-

-

-

-

-

-

Balance

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

33,002

-

-

-

-

-

-

Balance, shares

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

8,422

-

-

-

-

-

-

Series A Convertible Preferred Stock [Member]
Balance

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

25,606

-

-

-

-

-

-

Balance, shares

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

15,900

-

-

-

-

-

-

Balance

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

25,606

-

-

-

-

-

-

Balance, shares

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

15,900

-

-

-

-

-

-

Convertible Preferred Stock [Member]
Balance

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

58,608

-

-

-

-

-

-

Balance, shares

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

24,322

-

-

-

-

-

-

Balance

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

58,608

-

-

-

-

-

-

Balance, shares

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

24,322

-

-

-

-

-

-

Ordinary Shares [Member]
Balance

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

3

-

-

-

-

-

-

Balance, shares

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

2,167

-

-

-

-

-

-

Balance

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

3

-

-

-

-

-

-

Balance, shares

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

2,167

-

-

-

-

-

-

Additional Paid-in Capital [Member]
Balance

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

212

-

-

-

-

-

-

Balance

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

212

-

-

-

-

-

-

Accumulated Deficit [Member]
Balance

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-37,252

-

-

-

-

-

-

Balance

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-37,252

-

-

-

-

-

-

Accumulated Other Comprehensive Income (Loss) [Member]
Balance

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-75

-

-

-

-

-

-

Balance

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-75

-

-

-

-

-

-