Outlook therapeutics, inc. (OTLK)
Balance Sheet / Quarterly
Mar'20Dec'19Sep'19Jun'19Mar'19Dec'18Sep'18Jun'18Mar'18Dec'17Sep'17Jun'17Mar'17Dec'16Sep'16Jun'16Mar'16Sep'15
Assets
Current assets:
Cash

4,652

1,333

8,015

14,026

155

227

1,717

11,796

5,936

13,837

3,185

139

81

2,078

2,351

13,555

2,842

9,070

Accounts receivable

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

3

504

20

Stock subscription receivable

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

0

4,280

Related party receivable

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

43

43

-

Prepaid expenses and other current assets

4,833

4,707

4,986

4,782

1,974

2,077

1,585

1,335

981

1,511

719

1,048

773

1,095

3,326

1,259

712

1,793

Assets held for sale

-

500

500

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

Total current assets

9,486

6,541

13,501

18,809

2,130

2,305

3,302

13,132

6,917

15,349

3,904

1,187

854

3,174

5,678

14,861

4,103

15,164

Property and equipment, net

523

587

3,175

13,921

14,601

15,941

18,489

20,284

20,176

16,306

16,088

15,137

15,786

16,440

18,658

17,054

17,358

17,759

Operating lease right-of-use assets, net

244

282

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

Finance lease right-of-use assets, net

2,375

2,450

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

Restricted cash

-

-

-

-

-

-

-

-

-

-

-

-

-

-

216

215

214

213

Deferred offering costs

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

2,272

960

Other assets

540

562

457

483

440

462

491

669

692

620

740

801

819

830

852

860

882

910

Total assets

13,169

10,423

17,134

33,214

17,172

18,709

22,283

34,086

27,786

32,276

20,733

17,127

17,460

20,446

25,405

32,992

24,831

35,008

Liabilities, convertible preferred stock and stockholders’ equity (deficit)
Current liabilities:
Convertible senior secured notes

7,185

7,065

6,699

-

-

-

13,179

-

-

-

-

-

-

-

-

-

-

-

Current portion of long-term debt

49

48

1,026

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

Current portion of finance lease liabilities

52

172

192

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

Current portion of operating lease liabilities

175

170

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

Stockholder notes

3,612

3,612

3,612

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

Convertible senior secured notes

-

-

-

6,699

7,617

9,058

-

12,839

12,507

12,191

-

11,527

6,611

4,933

-

-

-

-

Current portion of long-term debt

-

-

-

1,048

1,052

56

66

86

102

118

52

-

-

-

586

-

-

-

Current portion of debt

-

-

-

-

-

-

-

-

-

-

-

50

74

110

-

752

760

742

Current portion of capital lease obligations

-

-

-

205

217

342

520

694

855

107

341

595

840

1,014

977

936

907

862

Stockholder notes

-

-

-

-

-

-

4,612

-

-

-

-

-

-

-

-

-

-

-

Stockholder notes

-

-

-

3,612

3,612

4,612

-

4,612

4,612

4,612

4,612

4,612

4,612

4,612

4,612

4,612

9,653

14,214

Accounts payable

3,306

2,567

2,277

2,987

5,112

4,696

3,609

3,351

3,607

3,629

10,954

11,792

12,153

11,049

5,071

4,534

14,416

11,563

Accrued expenses

7,463

4,602

4,622

4,473

5,187

4,520

6,458

6,119

5,038

5,438

7,337

7,622

7,419

7,342

6,121

8,266

6,403

5,924

Income taxes payable

1,859

1,859

1,859

-

-

-

1,856

-

-

-

2,352

-

-

-

1,854

-

-

-

Income taxes payable

-

-

-

1,856

1,856

1,856

-

2,352

2,352

2,352

-

1,854

1,854

1,854

-

1,854

1,854

1,754

Deferred revenue

-

-

-

2,335

2,335

2,392

1,738

2,207

2,676

2,750

3,087

1,212

1,212

1,212

1,212

1,979

1,979

1,979

Total current liabilities

23,705

20,100

20,290

23,217

26,992

27,535

32,042

32,263

31,752

31,201

28,737

39,268

34,778

32,129

20,436

22,936

35,975

37,041

Long-term debt

25

38

50

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

Redemption feature

6,467

8,226

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

Finance lease liabilities

3,346

3,344

3,365

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

Operating lease liabilities

95

142

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

Warrant liability

53

54

255

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

Senior secured notes

-

-

-

-

-

-

-

-

-

-

13,231

-

-

-

-

-

-

-

Long-term debt

-

-

-

62

75

86

98

111

127

143

151

164

178

191

2,233

-

-

2,922

Long-term debt

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

2,370

2,547

-

Capital lease obligations

-

-

-

3,347

3,389

3,400

3,453

3,507

3,510

42

28

34

42

113

320

564

810

1,219

Warrant liability

-

-

-

428

2,359

1,057

-

2,048

1,984

2,196

-

-

-

-

-

-

-

-

Warrant liability

-

-

-

-

-

-

1,227

-

-

-

2,274

-

-

-

-

-

-

-

Warrant liability

-

-

-

-

-

-

-

-

-

-

-

1,457

3,855

4,128

-

-

-

-

Stockholder notes

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

2,000

Deferred revenue

-

-

-

3,533

4,116

4,700

2,758

3,061

3,334

4,032

4,466

4,243

4,547

4,850

5,153

4,881

5,376

6,365

Stock-based compensation liability

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

12,726

Other liabilities

-

3,923

3,942

3,983

3,286

3,397

3,514

2,358

2,347

2,559

2,569

899

912

865

2,434

676

591

284

Total liabilities

33,694

35,829

27,904

34,572

40,219

40,179

43,094

43,350

43,056

40,174

51,460

46,068

44,314

42,278

30,578

31,429

45,299

62,561

Commitments (Note 9)

-

-

-

-

-

-

-

0

0

-

0

-

-

-

0

-

-

0

Convertible preferred stock:
Total convertible preferred stock

-

5,525

5,359

5,197

5,039

4,884

4,734

3,934

18,294

17,190

2,924

-

-

-

-

-

-

-

Redeemable common stock - 1,739,130 shares issued and outstanding at September 30, 2015

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

17,396

15,426

Redeemable noncontrolling interests

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

1,703

Total redeemable preferred stock, common stock and noncontrolling interests

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

17,396

27,321

Stockholders’ equity (deficit):
Preferred stock, value

-

-

-

-

-

-

-

0

0

0

0

0

0

0

0

0

0

0

Common stock, par value $0.01 per share; 200,000,000 shares authorized; 89,751,192 shares issued and outstanding at March 31, 2020 and 28,609,995 shares issued and outstanding at September 30, 2019

897

384

286

282

117

850

90

721

257

255

249

246

241

235

228

-

0

39,844

Additional paid-in capital

255,361

239,766

238,064

237,546

211,739

202,493

190,672

190,186

159,191

160,130

152,315

-

-

-

141,965

-

-

-

Additional paid-in capital

-

-

-

-

-

-

-

-

-

-

-

150,675

147,442

144,424

-

138,133

76,481

-

Accumulated deficit

-276,783

-271,083

-254,480

-244,384

-239,943

-229,698

-216,307

-204,107

-195,675

-188,135

-186,215

-179,864

-174,537

-166,492

-147,366

-136,798

-114,470

-94,064

Total stockholders' equity (deficit)

-20,524

-30,932

-16,129

-6,555

-28,086

-26,354

-25,544

-13,199

-33,565

-25,088

-33,650

-28,941

-26,853

-21,831

-5,172

1,563

-37,864

-54,219

Noncontrolling interests

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-654

Total stockholders' equity (deficit)

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

1,563

-37,864

-54,873

Total liabilities, convertible preferred stock and stockholders' equity (deficit)

13,169

10,423

17,134

33,214

17,172

18,709

22,283

34,086

27,786

32,276

20,733

17,127

17,460

20,446

25,405

32,992

24,831

35,008

Convertible Preferred Stock Series A-1
Total convertible preferred stock

-

5,525

5,359

5,197

5,039

4,884

4,734

-

-

-

-

-

-

-

-

-

-

-