Protalix biotherapeutics, inc. (PLX)
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'11Jun'11Dec'10
ASSETS
CURRENT ASSETS:
Cash and cash equivalents

17,792

21,442

25,096

30,363

37,808

41,868

28,327

41,319

51,163

33,482

34,533

48,017

63,281

51,320

54,626

66,669

76,374

34,248

43,238

47,958

54,767

60,317

71,144

77,690

86,398

91,397

33,126

41,870

52,035

50,216

59,280

45,605

27,001

34,564

44,054

35,900

Accounts receivable - Trade

4,700

8,716

7,256

8,565

4,729

4,894

5,248

4,756

1,721

7,292

3,005

2,737

693

2,096

1,493

-

-

4,573

1,936

1,816

-

1,992

2,097

1,735

2,091

2,053

2,030

1,698

1,410

4,025

1,536

815

1,374

2,276

1,720

7,013

Other assets

1,832

2,756

2,248

1,706

1,877

2,619

2,499

2,594

1,934

2,689

4,081

3,484

2,648

1,045

5,135

2,945

1,667

2,716

2,326

2,931

2,202

-

-

-

1,457

-

-

-

-

-

-

-

-

-

-

-

Other assets

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

2,069

1,988

2,609

-

4,173

3,585

3,553

3,686

3,281

4,045

3,154

3,837

3,015

4,884

2,231

Inventories

8,155

7,525

6,998

6,707

8,569

7,959

6,978

7,019

7,833

7,479

7,059

7,100

5,245

4,860

6,067

5,737

5,767

6,339

6,368

6,879

3,451

6,830

7,135

6,527

7,957

7,577

7,191

5,773

4,039

2,058

1,029

263

279

427

537

1,189

Assets of discontinued operation

-

-

-

-

-

-

-

-

-

211

213

205

-

327

324

918

2,073

-

-

-

5,100

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

Total current assets

32,479

40,439

41,598

47,341

52,983

57,340

43,052

55,688

62,651

51,153

48,891

61,543

71,867

59,648

67,645

76,269

85,881

47,876

53,868

59,584

65,520

71,208

82,364

88,561

97,903

105,200

45,932

52,894

61,170

59,580

65,890

49,837

32,491

40,282

51,195

46,333

NON-CURRENT ASSETS:
Funds in respect of employee rights upon retirement

1,963

1,953

1,871

1,801

1,758

1,779

1,729

1,798

1,887

1,919

1,951

1,837

1,677

1,686

1,739

1,731

1,628

1,569

1,596

1,520

1,555

1,621

1,721

1,622

1,578

1,467

1,373

1,343

1,247

1,134

1,072

1,120

1,043

1,028

1,075

942

Total long term receivables

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

2,037

1,749

-

Property and equipment, net

5,273

5,573

5,917

6,058

6,390

6,628

6,940

7,311

7,676

7,986

8,158

8,472

8,703

9,140

9,480

9,310

9,744

9,957

10,392

10,839

11,282

11,846

12,438

13,098

13,711

14,340

15,001

15,705

16,310

16,664

17,342

17,507

18,271

18,510

18,944

17,454

Operating lease right of use assets

5,677

5,764

5,856

5,844

0

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

DEFERRED CHARGES

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

90

98

105

-

120

128

135

141

149

-

-

0

-

-

-

-

1,009

674

-

Total assets

45,392

53,729

55,242

61,044

61,131

65,747

51,721

64,797

72,214

61,058

59,000

71,852

82,247

70,474

78,864

87,310

97,253

59,492

65,954

72,048

78,357

84,795

96,651

103,416

113,333

121,156

62,306

69,942

78,727

77,378

84,304

68,464

51,805

60,829

71,888

64,729

LIABILITIES NET OF CAPITAL DEFICIENCY
CURRENT LIABILITIES:
Accounts payable and accruals:
Trade

6,495

7,755

6,728

5,870

5,211

4,388

6,001

4,872

7,521

8,691

7,852

5,999

4,007

3,989

3,819

3,890

3,629

4,057

4,275

5,195

3,836

3,578

3,592

4,639

5,254

3,313

3,944

3,762

5,267

4,427

4,512

4,568

5,032

4,955

5,847

6,272

Other

11,905

12,730

10,496

10,480

10,274

10,163

9,071

10,697

9,310

11,989

9,339

12,365

7,496

5,840

6,844

4,757

5,534

11,946

14,316

14,282

6,802

14,186

16,305

14,533

12,073

12,400

13,681

12,055

11,051

11,444

11,962

8,298

7,540

7,726

8,289

8,068

Operating lease liabilities

1,139

1,222

1,227

1,257

0

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

Contracts liability

16,335

11,612

7,542

9,429

9,868

9,786

3,420

2,651

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

Promissory note

4,301

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

Convertible notes

-

-

-

-

-

-

-

5,930

5,921

5,911

-

0

53,872

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

Deferred revenues

-

-

-

-

-

-

-

-

-

0

1,925

1,925

837

504

504

504

504

6,850

6,928

7,072

886

6,620

7,282

7,609

9,369

9,513

9,003

8,591

9,437

4,564

4,858

4,858

6,121

5,633

6,146

4,563

Liabilities of discontinued operation

-

-

-

-

-

-

-

-

-

-

-

-

-

0

293

128

1,568

-

-

-

52,830

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

Total current liabilities

40,175

33,319

25,993

27,036

25,353

24,337

18,492

24,150

22,752

26,591

19,116

20,289

66,212

10,333

11,460

9,279

11,235

22,853

25,519

26,549

64,354

24,384

27,179

26,781

26,696

25,226

26,628

24,408

25,755

20,435

21,332

17,724

18,693

18,314

20,282

18,903

LONG TERM LIABILITIES:
Convertible notes

50,957

50,163

49,401

48,670

47,966

47,320

46,742

46,108

46,267

53,625

53,580

113,204

19,343

68,129

68,017

67,906

67,796

67,774

67,670

67,566

67,351

67,359

67,255

67,151

67,048

66,944

-

-

0

-

-

-

-

-

-

-

Contracts liability

16,980

28,586

34,911

32,979

33,027

33,493

21,636

22,382

25,015

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

Deferred revenues

-

-

-

-

-

-

-

-

-

-

-

-

0

453

617

744

744

35,127

35,614

36,890

-

38,373

39,514

40,655

41,796

43,419

45,115

46,994

48,888

47,499

48,640

49,781

50,923

53,425

54,052

55,486

Liability in connection with collaboration operation

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

0

0

0

2,371

0

376

2,700

5,425

2,794

4,680

-

6,566

4,738

4,452

-

Liability for employee rights upon retirement

2,565

2,606

2,508

2,426

2,374

2,386

2,335

2,427

2,586

2,612

2,671

2,528

2,348

2,361

2,445

2,430

2,304

2,249

2,288

2,197

2,253

2,373

2,493

2,407

2,368

2,273

2,173

2,123

2,016

1,878

-

-

1,700

-

-

-

Operating lease liabilities

4,528

4,532

4,566

4,498

0

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

Promissory note

-

-

-

-

-

-

-

-

-

4,301

4,301

4,301

-

4,301

4,301

4,301

4,301

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

Other long term liabilities

509

5,372

5,348

5,290

5,292

6,154

5,258

5,172

5,051

-

-

-

4,301

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

5,623

-

-

-

-

Liability for employee rights upon retirement

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

1,789

1,793

-

1,705

1,805

1,663

Total long term liabilities

75,539

91,259

96,734

93,863

88,659

89,353

75,971

76,089

78,919

60,538

60,552

120,033

25,992

75,244

75,380

75,381

75,145

105,150

105,572

106,653

69,604

108,105

109,262

110,213

113,583

112,636

47,664

51,817

56,329

52,171

55,109

57,197

59,189

59,868

60,309

57,149

Total liabilities

115,714

124,578

122,727

120,899

114,012

113,690

94,463

100,239

101,671

87,129

79,668

140,322

92,204

85,577

86,840

84,660

86,380

128,003

131,091

133,202

133,958

132,489

136,441

136,994

140,279

137,862

74,292

76,225

82,084

72,606

76,441

74,921

77,882

78,182

80,591

76,052

COMMITMENTS (Note 6)

-

-

-

-

-

-

-

-

-

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, $0.001 par value: Authorized - as of December 31, 2018 and 2019, 25,000,000 shares and 120,000,000 respectively; issued and outstanding, respectively - as of December 31, 2018 and 2019, 14,838,213 shares

15

-

-

-

15

-

-

-

144

-

-

-

124

-

-

-

100

-

-

-

94

-

-

-

93

-

-

-

93

-

-

-

86

-

-

81

Additional paid-in capital

270,492

-

-

-

269,657

-

-

-

266,495

-

-

-

202,575

-

-

-

194,064

-

-

-

185,633

-

-

-

184,346

-

-

-

180,145

-

-

-

145,814

-

-

124,044

Accumulated deficit

-340,829

-

-

-

-322,553

-

-

-

-296,096

-

-

-

-212,656

-

-

-

-183,291

-

-

-

-241,328

-

-

-

-211,385

-

-

-

-183,595

-

-

-

-171,977

-

-

-135,448

Total capital deficiency

-70,322

-70,849

-67,485

-59,855

-52,881

-47,943

-42,742

-35,442

-29,457

-26,071

-20,668

-68,470

-9,957

-15,103

-7,976

2,650

10,873

-68,511

-65,137

-61,154

-55,601

-47,694

-39,790

-33,578

-26,946

-16,706

-11,986

-6,283

-3,357

4,772

7,863

-6,457

-26,077

-17,353

-8,703

-11,323

Total liabilities net of capital deficiency

45,392

53,729

55,242

61,044

61,131

65,747

51,721

64,797

72,214

61,058

59,000

71,852

82,247

70,474

78,864

87,310

97,253

59,492

65,954

72,048

78,357

84,795

96,651

103,416

113,333

121,156

62,306

69,942

78,727

77,378

84,304

68,464

51,805

60,829

71,888

64,729