Pulmatrix, inc. (PULM)
Balance Sheet / TTM
Mar'20Dec'19Sep'19Jun'19Mar'19Dec'18Sep'18Jun'18Mar'18Dec'17Sep'17Jun'17Mar'17Dec'16Sep'16Jun'16Mar'16Dec'15Sep'15Jun'15Mar'15Dec'14Sep'14Jun'14Mar'14
Assets
Current assets:
Cash and cash equivalents

24,402

23,440

27,879

31,817

2,146

2,563

3,806

8,341

1,553

3,550

6,360

10,976

10,541

4,182

7,313

10,788

14,753

18,902

22,026

25,507

-

451

-

-

-

Accounts receivable

-

7,200

-

-

-

-

-

-

153

-

305

-

-

-

-

-

-

-

-

-

-

-

-

-

-

Cash

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

10,357

-

12,880

14,267

15,571

Prepaid expenses and other current assets

1,845

777

960

1,114

1,236

717

914

619

346

696

885

754

413

577

1,022

1,010

1,011

1,560

1,333

510

166

380

289

377

3

Total current assets

26,247

31,417

28,839

32,931

3,382

3,280

4,720

8,960

2,052

4,246

7,550

11,730

10,954

4,759

8,335

11,798

15,764

20,462

23,359

26,017

10,523

831

13,169

14,644

15,574

Property and equipment, net

317

270

305

335

354

394

447

498

554

614

657

672

722

786

999

875

783

685

558

545

157

470

105

3

2

Operating lease right-of-use asset

477

630

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

Long-term restricted cash

204

204

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

Long-term restricted cash

-

-

204

204

204

204

204

204

204

204

204

204

204

204

204

204

200

250

253

253

-

250

-

-

-

Intangible assets

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

7,534

7,534

7,534

7,534

-

-

-

-

-

Goodwill

3,577

3,577

3,577

3,577

10,051

10,845

10,914

10,914

10,914

10,914

10,914

10,914

10,914

10,914

15,942

15,942

15,942

15,942

15,942

15,942

-

-

-

-

-

Other assets

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

18

22

-

-

-

-

-

Total assets

30,822

36,098

32,925

37,047

13,991

14,723

16,285

20,576

13,724

15,978

19,325

23,520

22,794

16,663

25,480

28,819

40,223

44,873

47,664

50,313

10,680

1,551

13,274

14,647

15,576

Liabilities and stockholders' equity
Current liabilities:
Convertible notes payable to stockholders, net of discount

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

39,703

-

-

-

Loan Payable, net of debt discount and issuance costs

-

-

-

-

-

-

-

-

2,524

3,221

3,896

2,745

2,661

2,586

2,511

2,233

1,682

1,029

413

-

-

-

-

-

-

Accounts payable

1,274

600

1,159

543

1,611

1,183

1,367

1,507

1,192

457

1,027

564

235

747

401

664

1,272

1,090

927

314

-

216

-

-

-

Accrued expenses

3,548

2,514

1,265

1,231

2,184

1,696

2,284

2,271

2,479

2,162

1,587

2,583

1,439

1,317

1,193

1,212

1,060

1,486

1,135

1,013

-

3,544

-

-

-

Operating lease liability

511

675

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

Deferred revenue

12,026

13,411

9,304

10,979

-

0

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

Derivative liability

-

-

-

-

-

-

-

-

1

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

Accounts payable and accrued expenses

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

635

-

573

543

410

Payable to Former Parent

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

0

-

2

7

537

Total current liabilities

17,359

17,200

11,728

12,753

3,795

2,879

3,651

3,778

6,196

5,840

6,510

5,892

4,335

4,650

4,105

4,109

4,014

3,605

2,475

1,327

635

43,463

575

550

947

Deferred revenue, net of current portion

6,527

7,879

6,471

6,202

-

0

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

Loan payable, net of current portion, debt discount and issuance costs

-

-

-

-

-

-

-

-

-

-

-

1,804

2,522

3,217

3,893

4,548

5,069

5,692

6,313

6,706

-

-

-

-

-

Derivative liability

-

-

-

-

-

-

-

-

-

1

35

35

35

35

11

11

11

11

11

11

-

-

-

-

-

Preferred stock warrant liability

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

1,309

-

-

-

Deferred tax liability

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

2,959

2,959

2,959

2,959

-

-

-

-

-

Total liabilities

23,886

25,079

18,199

18,955

-

2,879

-

-

-

5,841

6,545

7,731

6,892

7,902

8,009

8,668

12,053

12,267

11,758

11,003

-

44,772

-

-

-

Commitments (Note 8)

-

-

-

-

-

-

0

0

0

-

0

0

0

-

0

0

0

-

0

-

0

-

0

0

0

Stockholders' Equity:
Preferred stock, $0.0001 par value - 500,000 authorized and 0 issued and outstanding at March 31, 2020 and December 31, 2019

-

-

-

-

-

-

0

0

0

-

0

0

0

-

0

0

0

-

-

-

0

-

0

0

0

Common stock, $0.0001 par value - 200,000,000 shares authorized; 20,521,304 and 19,994,560 shares issued and outstanding at March 31, 2020 and December 31, 2019, respectively.

2

2

2

2

1

-

5

5

2

0

2

2

2

1

1

1

1

1

1

1

0

-

0

0

0

Additional paid-in capital

-

-

225,844

225,655

209,916

206,409

202,856

202,204

186,749

184,139

182,256

180,813

175,329

164,706

163,586

163,110

161,941

160,708

159,472

157,944

20,404

23,142

-

-

18,297

Additional paid-in capital

226,781

226,178

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

19,792

19,480

-

Accumulated deficit

-219,847

-215,161

-211,120

-207,565

-199,721

-194,565

-190,227

-185,411

-179,223

-174,002

-169,478

-165,026

-159,429

-155,946

-146,116

-142,960

-133,772

-128,103

-123,567

-118,635

-10,360

-101,936

-7,094

-5,384

-3,669

Total stockholders' equity

6,936

11,019

14,726

18,092

10,196

11,844

12,634

16,798

7,528

10,137

12,780

15,789

15,902

8,761

17,471

20,151

28,170

32,606

35,906

39,310

10,045

-78,794

12,699

14,097

14,629

Total liabilities and stockholders' equity

30,822

36,098

32,925

37,047

13,991

14,723

16,285

20,576

13,724

15,978

19,325

23,520

22,794

16,663

25,480

28,819

40,223

44,873

47,664

50,313

10,680

1,551

13,274

14,647

15,576