Revance therapeutics, inc. (RVNC)
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'14Mar'14Dec'13
ASSETS
CURRENT ASSETS
Cash and cash equivalents

286,649

171,160

58,922

90,034

65,269

73,256

45,132

39,282

69,212

282,896

56,323

53,693

38,235

63,502

130,481

52,651

40,793

201,615

90,494

96,417

153,717

171,032

187,486

203,308

87,853

3,914

Short-term investments

224,621

118,955

150,110

151,858

205,719

102,556

163,260

194,452

199,594

0

97,117

111,852

150,404

122,026

70,770

164,293

195,815

50,688

51,364

38,884

-

0

-

-

-

-

Accounts and other receivables

-

-

5,000

-

0

27,000

-

-

-

48

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

Restricted cash, current portion

-

-

-

-

-

-

-

-

-

-

-

502

502

-

0

0

0

35

35

35

35

75

75

75

75

75

Prepaid expenses and other current assets

7,171

6,487

6,536

8,013

6,128

5,110

7,492

9,148

4,612

2,267

2,827

8,306

8,312

7,167

7,428

1,613

1,882

1,625

1,604

1,920

1,937

1,624

3,349

3,175

3,244

825

Total current assets

518,441

296,602

220,568

249,905

277,116

207,922

215,884

242,882

273,418

285,211

156,267

174,353

197,453

192,695

208,679

218,557

238,490

253,963

143,497

137,256

155,689

172,731

190,910

206,558

91,172

4,814

Property and equipment, net

13,967

14,755

14,917

15,263

15,378

14,449

13,493

12,196

10,064

9,250

11,500

11,255

11,205

10,585

17,385

17,658

19,714

19,708

19,254

19,134

19,390

19,274

17,394

16,324

15,150

14,315

Intangible assets

32,334

0

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

Operating lease right of use assets

25,961

26,531

27,078

27,602

28,105

0

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

Long-term investments

-

-

-

-

-

-

-

-

-

-

-

-

-

-

0

0

0

1,751

2,357

14,052

-

0

-

-

-

-

Restricted cash

730

730

730

730

730

730

730

730

580

580

580

580

580

580

580

580

580

400

400

400

400

435

435

435

435

510

Other non-current assets

1,494

1,669

2,519

2,392

3,146

3,247

2,944

3,315

718

658

836

888

216

500

213

214

216

0

6

374

243

29

183

0

155

3,006

TOTAL ASSETS

592,927

340,287

265,812

295,892

324,475

226,348

233,051

259,123

284,780

295,699

169,183

187,076

209,454

204,360

226,857

237,009

259,000

275,822

165,514

171,216

175,722

192,469

208,922

223,317

106,912

22,645

LIABILITIES AND STOCKHOLDERS’ EQUITY
CURRENT LIABILITIES
Accounts payable

8,709

8,010

6,902

7,966

4,486

8,434

7,341

5,435

5,361

6,805

6,680

4,079

5,573

3,754

2,871

2,982

3,307

2,657

2,731

2,211

2,089

3,149

2,666

2,687

3,689

5,526

Accruals and other current liabilities

16,178

18,636

18,694

14,737

13,521

14,948

15,718

13,569

11,120

12,225

12,069

14,347

14,967

12,418

11,306

5,622

5,925

6,245

5,990

5,040

4,019

4,145

3,317

5,033

5,515

4,161

Deferred revenue, current portion

10,079

7,911

5,241

18,825

13,054

8,588

8,749

9,320

5,532

0

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

83

Operating lease liabilities, current portion

3,627

3,470

3,317

3,168

3,009

0

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

Derivative liability

3,042

2,952

-

-

-

0

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

4,890

Derivative liabilities associated with Medicis settlement, current portion

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

6,684

Financing obligations

-

-

-

-

-

-

0

0

983

1,872

2,727

3,550

3,502

3,475

3,339

3,314

3,256

3,135

3,018

2,906

319

307

102

331

-

0

Convertible notes, current portion

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

12,157

Notes payable, current portion and net of discount

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

0

0

0

2,635

8,662

10,714

13,405

10,702

Common stock warrant liability

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

3,358

Derivative liability

41,635

40,979

34,154

44,696

34,070

31,970

31,808

28,324

22,996

20,902

21,476

21,976

24,042

19,647

17,516

11,918

12,488

12,037

11,739

10,157

6,427

10,236

14,747

18,765

22,609

47,561

Convertible senior notes

171,305

0

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

Deferred revenue, net of current portion

46,722

47,948

50,707

32,169

37,940

42,684

13,009

14,800

19,275

0

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

Operating lease liabilities, net of current portion

24,890

25,870

26,778

27,661

28,517

0

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

Deferred rent

-

-

-

-

0

3,319

3,373

3,427

3,221

3,339

3,418

3,497

3,576

3,648

3,681

3,714

3,746

3,773

3,762

3,751

3,741

3,725

3,676

3,627

3,579

3,176

Convertible preferred stock warrant liability

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

1,233

Financing obligations, net of current portion

-

-

-

-

-

-

-

-

-

-

0

0

983

1,872

2,836

3,659

4,486

5,346

6,176

6,973

513

598

938

703

-

0

Note payable, net of current portion and discount

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

0

0

400

2,632

Derivative liability, non-current

-

-

2,892

2,824

2,845

2,753

2,763

2,717

2,647

2,613

2,233

2,189

2,082

2,022

2,009

1,842

1,428

1,414

1,481

1,494

1,583

1,541

1,647

1,714

1,637

1,610

Other non-current liabilities

-

-

-

-

-

-

-

-

-

-

0

0

100

100

100

100

-

0

-

-

-

-

-

-

-

-

TOTAL LIABILITIES

284,552

114,797

114,531

107,350

103,372

80,726

50,953

49,268

48,139

26,854

27,127

27,662

30,783

27,289

26,142

21,233

22,148

22,570

23,158

22,375

12,264

16,100

21,008

24,809

28,225

56,212

Commitments and Contingencies (Note 10)

-

-

-

-

-

-

0

0

0

-

0

0

0

0

0

0

0

0

0

0

0

0

0

0

0

0

STOCKHOLDERS’ EQUITY
Convertible preferred stock, par value $0.001 per share — 5,000,000 shares authorized, and no shares issued and outstanding as of March 31, 2020 and December 31, 2019

0

0

0

0

0

0

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

Preferred stock, par value $0.001 per share  5,000,000 shares authorized both as of September 30, 2016 and December 31, 2015; no shares issued and outstanding both as of September 30, 2016 and December 31, 2015.

-

-

-

-

-

-

-

-

-

-

-

-

-

-

0

0

0

-

-

-

-

0

-

-

-

123,982

Common stock, par value $0.001 per share — 95,000,000 shares authorized both as of March 31, 2020 and December 31, 2019; 57,026,154 and 52,374,735 shares issued and outstanding as of March 31, 2020 and December 31, 2019, respectively

57

52

44

44

44

37

37

37

37

37

31

30

30

29

29

28

28

28

24

24

24

24

24

23

19

0

Additional paid-in capital

1,213,931

1,069,639

950,073

945,851

941,068

830,368

826,352

821,326

814,084

810,975

648,329

635,108

627,475

598,630

595,411

592,362

588,799

585,537

452,501

439,833

437,633

435,142

432,475

429,093

295,974

38,331

Accumulated other comprehensive income

524

3

42

116

70

-8

-133

-224

-276

0

-43

-114

-98

-45

16

148

186

-40

10

-12

-

0

-

-

-

-

Retained Earnings (Accumulated Deficit)

-906,100

-844,204

-798,900

-757,500

-720,100

-684,775

-644,158

-611,284

-577,204

-542,167

-506,261

-475,610

-448,736

-421,543

-394,741

-376,762

-352,161

-332,273

-310,179

-291,004

-274,199

-258,797

-244,585

-230,608

-217,306

-195,880

Stockholders' Equity Attributable to Parent

308,375

225,490

151,281

188,542

221,103

145,622

182,098

209,855

236,641

268,845

142,056

159,414

178,671

177,071

200,715

215,776

236,852

253,252

142,356

148,841

163,458

176,369

187,914

198,508

78,687

-157,549

TOTAL LIABILITIES AND STOCKHOLDERS’ EQUITY

592,927

340,287

265,812

295,892

324,475

226,348

233,051

259,123

284,780

295,699

169,183

187,076

209,454

204,360

226,857

237,009

259,000

275,822

165,514

171,216

175,722

192,469

208,922

223,317

106,912

22,645