Pfenex inc. (PFNX)
Balance Sheet / Quarterly
Mar'20Dec'19Sep'19Jun'19Mar'19Dec'18Sep'18Jun'18Mar'18Dec'17Sep'17Jun'17Mar'17Dec'16Sep'16Jun'16Mar'16Dec'15Sep'15Jun'15Mar'15Dec'14Sep'14Jun'14Dec'13
Assets
Current assets
Cash and cash equivalents

65,602

55,624

32,518

41,621

45,754

56,220

67,825

80,186

47,055

57,664

48,373

59,876

70,197

81,501

93,638

89,598

96,527

106,162

115,924

122,999

91,995

45,722

51,501

3,941

3,954

Restricted cash

200

200

-

-

-

200

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

Restricted cash

-

-

200

200

200

-

200

200

200

200

200

200

200

-

-

-

-

3,959

-

-

-

-

-

-

-

Accounts and unbilled receivables, net

3,744

5,628

16,215

3,316

6,460

5,171

1,745

1,373

1,293

1,306

3,339

1,498

1,358

2,822

1,317

1,289

2,969

2,683

1,097

1,430

1,250

1,584

-

-

-

Short-term investments

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

1,250

Accounts and unbilled receivables, net

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

1,785

1,355

3,461

Inventories

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

25

31

21

23

-

-

26

Inventories finished goods

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

24

18

-

Income tax receivable

-

-

53

53

159

-

206

206

160

638

717

717

717

717

227

227

508

508

281

384

385

402

401

401

398

Deferred income taxes

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

3,281

3,281

3,281

3,281

3,481

3,481

3,481

Other current assets

1,719

2,308

2,357

1,666

2,116

2,058

1,972

1,749

1,598

1,705

1,672

1,261

1,766

1,878

2,256

3,081

2,088

1,718

1,976

2,347

2,060

1,753

426

1,519

284

Total current assets

71,265

63,760

51,343

46,856

54,689

63,649

71,948

83,714

50,306

61,513

54,301

63,552

74,238

86,918

97,438

94,195

102,092

115,030

122,584

130,472

98,992

52,765

57,618

10,715

12,854

Restricted cash

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

3,958

3,957

3,955

3,955

3,904

4,030

4,029

Deferred income taxes

-

-

-

-

-

-

-

-

-

-

-

-

-

-

1,955

1,955

1,955

1,955

-

-

-

-

-

-

-

Income tax receivable

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

918

918

-

-

-

-

-

Property and equipment, net

8,465

7,744

8,374

7,534

7,596

7,671

7,455

7,358

7,405

7,397

7,308

6,319

5,496

5,246

5,102

4,427

4,149

3,179

3,076

2,684

2,477

2,310

1,999

2,102

2,329

Right-of-use asset

3,718

3,903

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

Notes receivable from related parties

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

95

Other long-term assets

145

170

170

170

170

133

133

133

133

133

80

80

80

80

80

80

121

121

53

53

53

53

53

36

36

Intangible assets, net

3,607

3,733

3,859

3,985

4,115

4,248

4,381

4,505

4,638

4,771

4,903

5,036

5,169

5,301

5,434

5,567

5,699

5,832

5,965

6,097

6,230

6,363

6,495

6,628

6,893

Goodwill

5,577

5,577

5,577

5,577

5,577

5,577

5,577

5,577

5,577

5,577

5,577

5,577

5,577

5,577

5,577

5,577

5,577

5,577

5,577

5,577

5,577

5,577

5,577

5,577

5,577

Total assets

92,777

84,887

69,323

64,122

72,147

81,278

89,494

101,287

68,059

79,391

72,169

80,564

90,560

103,122

115,586

111,801

119,593

131,694

142,131

149,758

117,284

71,023

75,646

29,088

31,813

Liabilities and Stockholders’ Equity
Current liabilities
Accounts payable

375

673

2,233

520

1,155

2,005

1,360

2,537

1,574

1,905

1,674

1,783

1,184

1,284

1,886

1,419

1,087

886

1,402

1,727

1,814

1,129

1,480

1,127

1,804

Accrued liabilities

4,608

7,351

8,352

8,635

8,574

9,812

10,585

9,550

9,642

8,913

10,908

10,274

7,635

9,358

8,137

7,901

5,675

5,997

5,331

4,730

3,069

2,633

2,860

4,570

2,953

Current portion of deferred revenue

407

75

105

278

993

5,317

7,141

8,965

7,434

7,421

4,761

5,248

5,966

6,516

7,280

3,895

3,907

3,870

3,882

3,832

4,005

201

768

997

1,253

Lease liabilities – short-term

884

951

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

Current portion of capital lease obligations

-

-

269

305

321

316

317

312

306

228

237

-

-

54

-

-

-

-

-

-

-

-

-

-

-

Other current liabilities

601

616

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

Line of credit obligation

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

3,813

-

-

3,813

3,813

3,813

3,813

-

Income tax payable

-

-

-

-

-

-

-

-

-

-

-

-

-

-

1,644

1,645

1,645

1,676

-

-

-

-

-

-

-

Total current liabilities

6,875

9,666

10,959

9,738

11,043

17,450

19,403

21,364

18,956

18,467

17,580

17,305

14,785

17,212

18,947

14,860

12,314

16,242

10,615

10,289

12,701

7,776

8,921

10,507

6,010

Deferred revenue, less current portion

-

-

2,500

2,500

2,500

2,500

2,500

2,500

906

2,742

2,467

3,601

4,632

5,739

6,672

42,330

43,278

44,225

45,173

46,121

46,896

-

-

-

-

Lease Liabilities – long-term

2,699

2,896

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

Capital lease obligations, less current portion

-

-

-

-

-

191

-

-

-

-

476

-

-

26

-

-

-

-

-

-

-

-

-

-

-

Deferred tax liability

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

3,281

3,281

3,281

3,281

3,481

3,481

3,481

Line of credit obligation

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

3,813

3,813

-

-

-

-

3,590

Other non-current liabilities

28

26

29

72

135

-

272

362

440

419

-

22

24

-

40

52

61

46

57

68

80

92

2

3

3

Total liabilities

9,602

12,588

13,488

12,310

13,678

20,141

22,175

24,226

20,302

21,628

20,523

20,928

19,441

22,977

25,659

57,242

55,653

60,513

62,939

63,572

62,958

11,149

12,404

13,991

13,084

Commitments and contingencies

-

-

-

-

-

-

0

0

0

-

0

0

0

0

0

0

0

0

0

0

-

0

0

0

0

Stockholders’ equity
Preferred stock, $0.001 par value, 10,000,000 shares authorized; no shares issued and outstanding

-

-

0

0

0

-

0

0

0

-

0

0

0

0

0

0

0

0

0

0

0

0

0

-

0

Common stock, par value $0.001, 200,000,000 shares authorized; 34,265,401 and 32,266,708 shares issued and outstanding at March 31, 2020 and December 31, 2019, respectively

35

33

32

32

32

32

32

32

24

24

24

24

24

24

24

24

24

24

24

24

21

21

21

4

2

Additional paid-in capital

291,033

270,008

265,311

264,370

263,398

262,405

261,764

260,844

220,467

219,446

218,819

217,991

217,150

216,144

215,286

214,414

213,629

212,661

212,001

211,405

173,566

173,141

-

-

-

Additional paid-in capital

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

172,937

0

-

Accumulated deficit

-207,893

-197,742

-209,508

-212,590

-204,961

-201,300

-194,477

-183,815

-172,734

-161,707

-167,197

-158,379

-146,055

-136,023

-125,383

-159,879

-149,713

-141,504

-132,833

-125,243

-119,261

-113,288

-109,716

-98,847

-94,453

Total stockholders’ equity

83,175

72,299

55,835

51,812

58,469

61,137

67,319

77,061

47,757

57,763

51,646

59,636

71,119

80,145

89,927

54,559

63,940

71,181

79,192

86,186

54,326

59,874

63,242

-98,843

-94,451

Total liabilities and stockholders’ equity

92,777

84,887

69,323

64,122

72,147

81,278

89,494

101,287

68,059

79,391

72,169

80,564

90,560

103,122

115,586

111,801

119,593

131,694

142,131

149,758

117,284

71,023

75,646

29,088

31,813