Kadmon Holdings, Inc. KDMN Balance Sheet

Kadmon holdings, inc. (KDMN)

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	Dec'15
Assets
Current assets:
Cash and cash equivalents
120,046	139,597	66,132	86,182	99,358	94,740	113,351	131,470	49,167	67,517	73,605	26,226	43,049	36,093	55,001	5,544	21,498
Accounts receivable, net
1,234	954	687	699	1,501	1,690	972	534	537	325	222	1,039	1,348	655	1,056	640	2,410
Accounts receivable from affiliates
-	-	-	-	-	-	7	-	6	861	715	573	414	555	610	392	985
Inventories, net
500	640	214	228	936	925	1,063	665	466	201	212	1,138	1,616	1,950	2,280	2,694	3,468
Investment, equity securities
28,194	41,997	56,379	-	60,903	-	48,072	40,508	-	0	-	-	-	-	-	-	-
Deferred offering costs
-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	3,114	890
Prepaid expenses and other current assets
2,854	1,416	1,048	1,449	1,969	1,581	2,225	1,613	1,536	1,109	1,735	2,136	2,138	1,034	930	849	3,490
Total current assets
152,828	184,604	124,460	88,558	103,764	98,936	117,618	134,282	51,712	70,013	76,489	31,112	48,565	40,287	59,877	13,233	32,741
Fixed assets, net
2,159	2,444	2,728	3,160	3,566	3,654	4,027	4,233	4,070	4,292	4,720	5,092	5,159	5,427	5,972	6,444	6,938
Right of use lease asset
18,782	19,651	20,510	21,231	22,006	-	-	-	-	-	-	-	-	-	-	-	-
Intangible assets, net
-	-	-	-	-	-	-	-	-	-	-	-	-	-	2,753	6,253	15,223
Goodwill
3,580	3,580	3,580	3,580	3,580	3,580	3,580	3,580	3,580	3,580	3,580	3,580	3,580	3,580	3,580	3,580	3,580
Restricted cash
2,117	2,116	2,116	2,116	2,116	2,116	2,116	2,116	2,116	2,116	2,116	2,116	2,116	2,116	2,116	2,116	2,116
Investment, equity securities
-	-	-	95,013	-	34,075	-	-	-	-	-	-	-	-	-	-	-
Investment, at cost
2,300	2,300	2,300	2,300	2,300	2,300	2,300	2,300	2,300	3,542	3,542	3,542	3,542	3,542	3,542	3,542	2,300
Investment, equity method
-	-	-	-	-	-	-	-	-	-	120	1,870	4,965	7,599	8,954	10,695	21,224
Other noncurrent assets
11	103	187	-	-	-	2	4	6	9	15	17	21	5	7	9	15
Total assets
181,777	214,798	155,881	215,958	198,235	144,661	177,715	187,023	63,784	83,552	90,582	47,329	67,948	62,556	86,801	45,872	84,137
Liabilities and Stockholders’ Equity
Current liabilities:
Accounts payable
6,751	9,043	8,484	6,892	8,657	9,986	6,946	6,031	8,293	8,008	10,883	6,788	6,973	6,296	8,962	13,613	5,902
Related party loan
-	-	-	-	-	-	-	-	-	-	-	-	-	-	3,000	3,000	3,000
Accrued expenses
11,714	14,248	13,578	13,967	11,280	13,508	9,514	7,975	7,258	8,577	8,515	9,991	11,228	12,150	12,437	13,397	11,843
Lease liability - current
4,024	3,966	3,905	3,825	3,742	-	-	-	-	-	-	-	-	-	-	-	-
Deferred revenue
-	-	-	-	-	-	-	-	-	4,400	-	-	-	-	-	-	-
Other short term liabilities
-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	10,377
Deferred revenue
-	-	-	-	-	-	-	-	-	-	4,400	4,400	4,400	4,400	4,424	4,448	4,500
Other milestone payable
-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	3,875
Warrant liabilities
1,329	1,485	594	468	748	524	1,247	1,334	1,811	1,952	1,982	3,322	-	-	-	8,016	8,289
Secured term debt - current
-	-	27,763	4,500	2,250	-	-	28,046	33,081	33,707	33,192	32,678	1,140	1,900	4,940	4,180	1,900
Total current liabilities
23,818	28,742	54,324	29,652	26,677	24,018	17,707	43,386	50,443	56,644	58,972	57,179	23,741	24,746	33,763	46,654	49,686
Lease liability - noncurrent
18,732	19,759	20,774	21,666	22,610	-	-	-	-	-	-	-	-	-	-	-	-
Deferred revenue
-	-	-	-	-	-	-	-	-	19,617	-	-	-	-	-	-	-
Deferred revenue
-	-	-	-	-	-	-	-	-	-	20,717	21,817	22,917	24,017	25,117	26,217	28,417
Deferred rent
-	-	-	-	-	4,290	4,294	4,344	4,386	4,347	3,545	4,405	4,397	4,377	4,350	4,306	3,865
Deferred tax liability
461	461	-	-	-	415	-	-	-	-	-	-	-	-	-	-	-
Deferred tax liability
-	-	415	415	415	-	377	377	939	939	1,376	1,376	1,376	1,376	1,349	1,349	1,349
Fair market value of financial instruments - non current
-	-	-	-	-	-	-	-	-	-	-	-	3,142	3,305	4,534	-	-
Other long term liabilities
-	101	244	-	-	47	69	68	84	247	538	829	967	1,250	1,511	1,863	3,152
Secured term debt – net of current portion and discount
-	-	-	23,168	25,325	27,480	27,386	-	-	-	-	-	31,023	28,677	24,939	25,381	26,264
Convertible debt, net of discount
-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	196,720	183,457
Total liabilities
43,011	49,063	75,757	74,901	75,027	56,250	49,833	48,175	55,852	81,794	85,148	85,606	87,563	87,748	95,563	302,490	296,190
Commitments and contingencies (Note 13)
-	-	-	-	-	-	0	0	0	-	0	0	0	0	0	0	0
Stockholders’ equity:
Convertible preferred stock, $0.001 par value; 10,000,000 shares authorized at March 31, 2020 and December 31, 2019; 28,708 shares issued and outstanding at March 31, 2020 and December 31, 2019.
42,950	42,433	41,915	41,398	42,746	42,231	41,716	41,201	40,710	40,220	-	-	-	-	-	-	-
Common stock, $0.001 par value; 400,000,000 shares authorized at March 31, 2020 and December 31, 2019; 159,830,774 and 159,759,996 shares issued and outstanding at March 31, 2020 and December 31, 2019, respectively
160	160	130	130	127	113	113	113	79	79	74	52	52	45	45	0	-
Additional paid-in capital
458,539	456,211	358,905	357,443	346,901	315,710	313,664	310,831	201,454	198,856	184,347	118,955	115,303	92,166	84,375	374,218	372,936
Accumulated deficit
-362,883	-333,069	-320,826	-257,914	-266,566	-269,643	-227,611	-213,297	-234,311	-237,397	-218,717	-196,524	-173,741	-155,705	-131,015	-713,401	-643,845
Total stockholders’ equity
138,766	165,735	80,124	141,057	123,208	88,411	127,882	138,848	7,932	1,758	-	-	-	-	-	-	-
Total stockholders equity (deficit)
-	-	-	-	-	-	-	-	-	-	5,434	-38,277	-19,615	-25,192	-8,762	-339,183	-270,909
Total liabilities and stockholders’ equity
181,777	214,798	155,881	215,958	198,235	144,661	177,715	187,023	63,784	83,552	90,582	47,329	67,948	62,556	86,801	45,872	84,137