Newlink genetics corp (NLNK)
Balance Sheet / TTM
Dec'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'11Dec'10
Current assets:
Cash and cash equivalents

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

176,986

195,620

197,141

203,377

206,593

190,404

51,070

76,861

83,713

61,291

51,964

59,039

63,278

20,250

25,557

30,327

33,269

39,490

6,287

10,572

Cash and cash equivalents

90,500

98,527

105,372

113,184

120,700

122,061

137,066

143,891

158,700

120,702

107,777

118,240

131,490

148,276

160,527

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

Prepaid expenses and other current assets

3,046

3,311

4,015

4,447

5,536

4,920

5,243

5,616

6,226

2,701

4,916

-

5,921

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

Certificates of deposit

-

-

-

-

-

-

-

-

-

-

-

-

-

0

0

997

2,180

3,216

4,202

7,776

12,393

16,636

249

249

249

0

249

747

1,494

2,739

747

2,490

2,490

0

2,269

Prepaid expenses and other current assets

-

-

-

-

-

-

-

-

-

-

-

8,984

-

10,688

4,048

2,832

4,954

1,768

11,344

11,224

8,333

353

446

679

773

405

535

657

907

145

254

292

409

1,997

959

Current income tax receivable

69

76

353

341

339

7,398

360

339

356

114

6,287

6,287

5,975

5,197

4,259

1,796

0

76

2,519

14,190

8,763

7,502

-

-

0

-

-

-

-

-

-

-

-

-

-

Other receivables

755

740

458

305

459

700

817

10,353

10,176

10,670

11,258

-

24,526

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

State research and development credit receivable

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

130

-

472

440

270

13

479

497

417

329

557

436

627

542

454

332

247

202

140

230

Interest receivable

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

1

2

-

0

8

Income tax receivable

-

-

-

-

-

-

-

-

-

-

-

9,645

-

14,995

3,180

6,684

5,388

14,518

12,570

11,046

3,716

2,720

161

251

1,328

1,223

812

457

196

26

1,210

918

197

458

604

Total current assets

94,419

102,654

110,198

118,277

127,072

135,079

143,486

160,199

175,466

134,187

130,238

143,156

167,912

179,156

172,014

189,425

208,142

217,191

234,452

251,099

223,622

78,760

78,214

85,309

63,970

54,149

61,071

65,766

23,389

28,921

32,871

37,218

42,788

8,882

14,642

Non-current assets:
Leasehold improvements

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

7,592

-

7,086

6,139

6,059

6,022

5,581

5,577

5,576

5,588

5,655

5,249

5,093

5,085

5,041

5,041

4,873

4,459

3,804

3,804

Computer equipment

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

773

773

744

-

704

691

Lab equipment

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

3,686

3,664

3,629

-

3,327

3,165

Computer equipment

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

2,847

-

2,325

2,220

1,556

1,399

1,311

1,261

1,151

1,133

982

668

656

636

9,500

9,478

9,246

710

7,835

7,660

Lab equipment

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

6,095

-

5,168

4,954

4,641

4,110

4,897

3,994

3,821

3,724

3,704

3,428

3,330

3,297

-

-

-

3,333

-

-

Contract manufacturing organization equipment

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

1,075

-

1,075

1,067

1,031

1,023

-

-

-

0

-

-

-

-

-

-

-

-

-

-

Total leasehold improvements and equipment

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

17,609

-

15,654

14,380

13,287

12,554

11,789

10,832

10,548

10,445

10,341

9,345

9,079

9,018

-

-

-

8,502

-

-

Less accumulated depreciation and amortization

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

7,111

-

6,026

5,582

5,259

4,955

4,672

4,376

4,114

3,858

3,603

3,403

3,190

2,978

3,413

3,213

3,017

2,911

2,743

2,224

Property and equipment, net

1,633

2,889

3,314

3,520

3,727

4,096

4,387

4,698

5,091

5,527

5,886

6,466

6,835

7,188

7,435

10,498

10,400

9,628

8,798

8,028

7,599

7,117

6,456

6,434

6,587

6,738

5,942

5,889

6,040

6,087

6,265

6,229

5,591

5,092

5,436

Right-of-use asset

735

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

Right-of-use asset

-

1,042

7,159

7,334

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

Income tax receivable

0

69

140

140

140

140

140

140

140

-

-

-

0

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

Total non-current assets

2,368

4,000

10,613

10,994

3,867

4,236

4,527

4,838

5,231

-

-

-

6,835

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

Total assets

96,787

106,654

120,811

129,271

130,939

139,315

148,013

165,037

180,697

139,714

136,124

149,622

174,747

186,344

179,449

199,923

218,542

226,819

243,250

259,127

231,221

85,877

84,670

91,743

70,557

60,887

67,013

71,655

29,429

35,008

39,136

43,447

48,379

13,974

20,078

Liabilities and Stockholders' Equity
Current liabilities:
Accounts payable

475

145

689

896

555

1,238

7,334

5,316

9,256

11,860

11,369

9,618

22,883

2,367

1,843

3,039

3,661

1,494

1,474

4,113

2,412

2,935

687

972

612

973

1,076

865

972

708

575

803

1,670

256

552

Accrued expenses

10,198

12,125

7,235

6,950

8,139

8,736

8,527

14,500

12,467

13,832

14,453

17,805

14,309

37,259

19,537

11,065

8,761

8,155

5,954

9,295

9,367

4,026

2,891

2,381

2,861

3,869

2,817

2,015

1,659

2,136

1,766

1,226

1,867

1,693

1,554

Income tax payable

11

-

-

-

0

-

-

-

-

-

-

-

-

-

-

-

859

-

-

-

0

0

5

5

130

-

-

-

0

-

-

-

-

-

-

Income taxes payable

-

-

-

-

-

-

-

-

-

-

-

-

-

0

0

0

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

Current portion of unearned revenue

-

-

-

-

-

0

0

0

56

112

167

223

391

693

838

864

892

901

936

3,478

12,966

-

-

-

0

-

-

-

-

-

-

-

-

-

-

Current portion of deferred rent

-

0

0

0

92

84

87

90

92

93

92

91

90

81

85

89

96

85

85

85

84

84

84

84

84

84

84

84

84

76

71

65

913

922

951

Current portion of lease liability

1,100

1,712

641

963

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

Current portion of notes payable

43

58

63

63

61

74

93

112

160

194

222

234

232

245

242

-

571

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

Note payable to Iowa Department of Economic Development

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

0

0

0

6,000

6,000

0

Current portion of obligations under capital leases

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

84

-

22

31

36

35

-

-

-

35

-

-

-

55

82

108

123

121

130

116

Current portion of notes payable

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

164

-

558

556

555

157

193

190

190

154

188

186

177

149

148

96

93

93

93

91

Deposits on restricted shares

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

0

1

Total current liabilities

11,827

14,040

8,628

8,872

8,847

10,132

16,041

20,018

22,031

26,091

26,303

27,971

37,905

40,645

22,545

15,305

14,840

11,215

9,036

17,562

25,021

7,238

3,857

3,632

3,876

5,114

4,163

3,141

2,919

3,150

2,616

2,310

10,664

9,094

3,265

Long term liabilities:
Royalty obligation payable to Iowa Economic Development Authority

6,000

6,000

6,000

6,000

6,000

6,000

6,000

6,000

6,000

6,000

6,000

-

6,000

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

Royalty obligation payable to Iowa Economic Development Authority

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

6,000

6,000

6,000

6,000

6,000

6,000

6,000

6,000

6,000

6,000

6,000

6,000

6,000

6,000

-

-

-

0

-

-

Royalty obligation payable to Iowa Economic Development Authority

-

-

-

-

-

-

-

-

-

-

-

6,000

-

6,000

6,000

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

Notes payable

0

0

11

27

43

59

74

90

111

138

173

229

285

333

395

-

368

-

-

-

941

-

-

-

1,033

-

-

-

-

-

-

-

-

-

-

Lease liability

82

217

7,485

7,353

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

Notes payable and obligations under capital leases

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

453

-

409

450

494

-

989

937

986

-

1,081

1,129

1,136

-

-

-

-

-

-

-

Unearned revenue

-

-

-

-

-

-

-

-

-

-

-

-

-

0

56

223

407

608

809

1,024

1,085

-

-

-

0

-

-

-

-

-

-

-

-

-

-

Obligations under capital leases

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

38

43

56

61

94

117

145

Deferred rent

-

0

0

0

906

929

952

975

998

1,021

1,045

1,068

1,091

1,089

1,109

1,129

1,153

1,175

1,196

1,216

1,238

1,259

1,279

1,300

1,321

1,342

1,363

1,384

1,405

1,414

1,434

1,454

0

-

-

Total long-term liabilities

6,082

6,217

13,496

13,380

6,949

6,988

7,026

7,065

7,109

7,159

7,218

7,297

7,376

7,422

7,560

7,805

7,928

8,192

8,455

8,734

9,264

8,248

8,216

8,286

8,354

8,423

8,492

8,520

8,583

8,635

8,288

8,339

942

988

7,087

Total liabilities

17,909

20,257

22,124

22,252

15,796

17,120

23,067

27,083

29,140

33,250

33,521

35,268

45,281

48,067

30,105

23,110

22,768

19,407

17,491

26,296

34,285

15,486

12,073

11,918

12,230

13,537

12,655

11,661

11,502

11,785

10,904

10,649

11,606

10,082

10,352

Stockholders' Equity:
Blank check preferred stock, $0.01 par value: Authorized shares — 5,000,000 at December 31, 2019 and 2018; issued and outstanding shares — 0 at December 31, 2019 and 2018

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, $0.01 par value: Authorized shares — 75,000,000 at December 31, 2019 and 2018; issued 37,440,094 and 37,343,547 at December 31, 2019 and 2018, respectively and outstanding 37,325,091 and 37,251,220 at December 31, 2019 and 2018, respectively

374

373

373

373

373

373

373

373

372

314

293

292

292

291

290

289

288

288

287

285

280

279

279

279

266

257

257

256

210

-

-

-

206

-

-

Redeemable preferred stock, $0.01 par value: Authorized shares  0 at December 31, 2011, and 15,327,777 at December 31, 2010; issued and outstanding shares  0 at December 31, 2011, and 13,417,435 at December 31, 2010; liquidation preference  $0 at December 31, 2011, and $61,782 at December 31, 2010

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

75,274

61,745

Common stock, $0.01 par value: Authorized shares  38,833,334 at September 30, 2012, and December 31, 2011; issued and outstanding shares  20,908,789 at September 30, 2012, and 20,591,240 at December 31, 2011

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

209

208

207

-

37

36

Additional paid-in capital

413,959

413,205

410,946

409,143

407,199

403,674

399,018

394,711

389,786

331,036

306,555

301,573

295,535

290,772

286,300

281,368

276,610

266,454

262,055

254,966

236,838

230,308

226,876

224,941

194,038

175,024

173,909

172,469

122,514

121,492

120,651

118,909

118,043

3,217

7,374

Treasury stock, at cost: 115,003 and 92,327 shares at December 31, 2019 and 2018

1,454

1,451

1,450

1,449

1,417

1,409

1,405

1,403

1,142

1,113

1,098

1,090

853

784

784

771

771

551

551

491

222

222

182

182

0

-

-

-

-

-

-

-

-

-

-

Accumulated deficit

-334,001

-325,730

-311,182

-301,048

-291,012

-280,443

-273,040

-255,727

-237,459

-223,773

-203,147

-186,421

-165,508

-152,002

-136,462

-104,073

-80,353

-58,779

-36,032

-21,929

-39,960

-159,974

-154,376

-

-135,977

-

-

-

-

-

-

-

-

-

-

Notes receivable for common stock

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

0

-13

Deficit accumulated during the development stage

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

145,213

-

127,931

119,808

112,731

104,797

98,478

92,627

-86,318

81,476

-75,666

-63,389

Total stockholders' equity

78,878

86,397

98,687

107,019

115,143

122,195

124,946

137,954

151,557

106,464

102,603

-

129,466

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-71,382

-54,962

Equity attributable to noncontrolling interests

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

0

2,943

Total stockholders' equity

-

-

-

-

-

-

-

-

-

-

-

114,354

-

138,277

149,344

176,813

195,774

207,412

225,759

232,831

196,936

70,391

72,597

79,825

58,327

47,350

54,358

59,994

17,927

23,223

28,232

32,798

36,773

-71,382

-52,019

Commitments

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

0

0

0

-

0

0

Total liabilities and stockholders' equity

96,787

106,654

120,811

129,271

130,939

139,315

148,013

165,037

180,697

139,714

136,124

149,622

174,747

186,344

179,449

199,923

218,542

226,819

243,250

259,127

231,221

85,877

84,670

91,743

70,557

60,887

67,013

71,655

29,429

35,008

39,136

43,447

48,379

13,974

20,078