Savara inc. (SVRA)
Balance Sheet / Yearly
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'13Sep'13Jun'13Mar'13Dec'12Sep'12Jun'12Mar'12Dec'11Sep'11Jun'11Dec'10
Assets
Current assets:
Cash and cash equivalents

34,515

49,804

17,785

16,830

25,671

24,301

24,946

23,604

22,122

22,121

19,813

61,133

7,771

13,373

20,521

24,490

23,521

23,052

32,207

21,214

27,934

35,808

25,981

26,368

29,848

25,681

30,231

44,972

21,409

22,500

26,088

29,956

35,051

43,569

32,768

41,955

27,978

Short-term investments

70,472

71,957

88,496

94,902

79,508

86,529

87,102

51,151

62,862

72,192

33,473

-

-

0

-

-

-

-

-

-

-

-

-

-

-

-

-

8,450

10,597

-

13,812

13,117

10,995

7,133

5,522

-

0

Grants and award receivable

-

-

-

-

-

-

-

-

-

-

-

-

-

400

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

Investment securities

-

-

-

-

-

-

-

-

-

-

-

-

0

-

6,429

10,582

13,568

17,929

17,706

22,165

21,953

21,481

17,092

20,069

19,772

18,711

19,131

-

-

14,010

-

-

-

-

-

-

-

Prepaid expenses and other current assets

2,458

2,306

2,065

2,436

2,339

2,514

2,697

2,680

2,586

3,551

2,235

2,541

388

840

1,333

746

1,160

1,271

1,536

1,374

675

1,114

984

1,126

992

1,136

-

-

-

662

-

-

-

-

-

-

-

Interest and other receivables

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

29

9

10

-

10

21

14

17

6

0

1

Contingent asset

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

1,025

704

953

815

178

-

0

Prepaid expenses

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

542

684

511

-

700

484

292

256

560

776

428

Total current assets

107,445

124,067

108,346

114,168

107,518

113,344

114,745

77,435

87,570

97,864

55,521

63,674

8,159

14,613

28,283

35,818

38,249

42,252

51,449

44,753

50,562

58,403

44,058

47,563

50,612

45,528

49,934

54,116

32,529

37,173

41,638

44,285

47,307

51,792

39,037

42,732

28,409

Property and equipment, net

294

352

393

454

474

522

605

720

837

925

582

672

88

793

148

171

199

226

250

230

248

188

185

186

106

106

115

119

198

198

320

295

603

464

235

57

44

In-process R&D

10,930

11,111

10,806

11,274

11,135

11,372

11,520

11,608

12,238

33,626

33,449

33,071

2,500

10,477

8,549

8,549

8,549

8,549

8,549

8,549

8,549

8,549

8,549

8,549

8,549

6,549

6,549

6,549

6,549

6,549

6,549

6,549

6,549

6,549

6,549

6,549

0

Goodwill

-

-

19,432

19,432

26,849

26,918

26,962

26,987

27,171

27,082

28,332

28,222

3,007

3,051

3,007

3,007

3,007

3,007

3,007

3,007

3,007

3,007

3,006

3,006

3,006

3,007

3,006

3,006

3,006

3,006

3,006

3,006

3,006

3,006

403

403

0

Other non-current assets

1,306

673

1,651

2,002

2,287

131

1,292

1,191

1,056

131

1,004

131

131

-

131

131

141

183

183

225

354

353

363

63

83

60

43

43

43

43

43

43

43

43

48

419

33

Total assets

119,975

136,203

140,628

147,330

148,263

152,287

155,124

117,941

128,872

159,628

118,888

125,770

13,885

28,934

40,118

47,676

50,145

54,217

63,438

56,764

62,720

70,500

56,164

59,369

62,358

55,250

59,649

63,836

42,327

46,971

51,558

54,180

57,510

61,856

46,274

50,161

28,486

Liabilities and stockholders’ equity
Current liabilities:
Accounts payable

1,227

3,409

2,903

4,440

3,503

3,879

3,240

2,523

3,418

2,784

1,665

1,932

502

536

1,497

2,300

2,453

2,600

2,931

2,005

2,278

1,370

1,154

1,226

1,449

964

794

950

575

698

343

468

316

451

489

872

479

Accrued expenses and other current liabilities

6,502

5,471

5,388

4,612

5,417

3,375

3,912

2,804

1,947

2,966

4,147

5,487

2,241

2,477

6,902

9,424

7,793

8,152

7,763

7,845

6,104

5,625

4,845

3,478

3,942

2,495

2,155

1,579

1,863

1,283

1,314

1,242

986

1,120

1,312

1,080

864

Accrued compensation and payroll taxes

-

-

-

-

-

-

-

-

-

-

-

-

2,270

-

901

1,127

976

1,430

1,289

950

799

1,443

1,511

1,039

772

1,374

1,026

799

555

445

825

661

478

756

675

411

456

Debt facility

-

2,000

-

-

-

-

3,750

1,875

-

-

-

-

1,580

-

11,593

12,512

11,447

10,991

1,537

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

Current portion of capital lease obligation

-

-

-

-

-

-

318

318

21

265

265

719

-

442

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

Contingent liability

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

0

0

170

142

176

121

163

140

644

-

0

Total current liabilities

7,729

10,880

8,291

9,052

8,920

7,254

11,220

7,520

5,386

6,015

6,077

8,138

6,593

3,455

20,893

25,363

22,669

23,173

13,520

10,800

9,181

8,438

7,511

5,745

6,165

4,833

3,976

3,329

3,164

2,570

2,660

2,493

1,945

2,469

3,121

2,364

1,801

Long-term liabilities:
Accrued interest on convertible promissory notes

-

-

-

-

-

-

-

-

-

-

-

-

-

151

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

Debt facility

24,731

23,112

24,962

24,822

24,677

24,530

11,357

13,123

14,884

14,775

14,675

14,579

1,933

-

2,615

2,462

3,368

3,726

12,951

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

Convertible promissory notes

-

-

-

-

-

-

-

-

-

-

-

-

-

3,448

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

Put option derivative liability

-

-

-

-

-

-

-

-

-

-

-

-

-

979

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

Contingent consideration

-

-

-

-

12,347

12,214

12,079

11,945

11,814

11,948

11,816

11,685

-

9,708

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

Other long-term liabilities

199

513

572

-

-

70

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

Long-term lease obligation

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

25

27

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

Deferred tax liability

-

-

-

-

-

-

2,534

2,554

2,692

7,181

11,263

11,180

995

2,305

3,404

3,404

3,404

3,404

3,404

3,404

3,404

3,404

3,403

3,403

3,403

2,609

2,608

2,608

2,608

2,608

2,608

2,608

2,608

2,608

-

-

-

Capital lease obligation, net of current portion

-

-

-

-

-

-

-

-

297

297

297

297

14

579

19

21

24

25

24

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

Warrant liability

-

-

-

-

-

-

-

-

-

-

-

-

-

303

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

Other long-term liabilities

-

-

-

657

515

-

80

90

96

103

115

122

-

20

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

Total liabilities

32,659

34,505

33,825

34,531

46,459

44,068

37,270

35,232

35,169

40,319

44,243

46,001

9,535

20,948

26,931

31,250

29,465

30,328

29,899

14,229

12,612

11,842

10,915

9,148

9,569

7,442

6,585

5,938

5,773

5,179

5,268

5,102

4,553

5,077

-

-

-

Total redeemable convertible preferred stock

-

-

-

-

-

-

-

-

-

-

-

-

-

43,861

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

Commitments (Note 12)

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

0

-

-

-

0

-

-

-

0

-

-

-

0

-

-

-

0

-

-

-

Stockholders’ equity:
Contingent consideration

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

1,400

-

Common stock, $0.001 par value, 200,000,000 shares authorized as of March 31, 2020 and December 31, 2019; 50,844,504 and 50,790,441 shares issued and outstanding as of March 31, 2020 and December 31, 2019, respectively

52

52

42

40

36

36

36

32

32

32

26

26

255

5

233

208

193

164

164

164

159

159

127

119

113

103

102

102

47

47

47

47

47

47

26

26

15

Treasury stock, at cost - 1,454,079 shares at December 31, 2012

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

0

0

1

1

-

-

-

-

-

-

-

Additional paid-in capital

310,705

309,555

283,170

276,317

243,598

237,702

236,659

188,866

187,448

186,522

135,571

134,222

321,037

3,117

317,988

313,097

306,662

298,715

298,176

297,260

294,698

293,655

272,961

270,070

265,501

254,155

253,713

253,274

227,048

226,696

227,196

226,785

226,452

226,122

210,166

209,841

182,798

Accumulated other comprehensive loss

-128

-17

-236

212

1

200

364

456

1,275

958

747

404

-

-591

4

7

5

-17

9

9

-2

-25

-22

-17

-26

-21

-28

-8

-10

-2

-2

-2

-2

-2

-23

7

0

Accumulated deficit

-223,313

-207,892

-176,173

-163,770

-141,831

-129,719

-119,205

-106,645

-95,052

-68,203

-61,699

-54,883

-316,942

-38,406

-305,038

-296,886

-286,180

-274,973

-264,810

-254,898

-244,747

-235,131

-227,817

-219,951

-

-206,429

-

-

-

-

-

-

-

-

-

-

-

Deficit accumulated during the development stage

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

212,799

-

200,724

195,470

190,529

184,948

180,951

177,752

173,541

169,389

167,017

163,477

156,129

Total stockholders’ equity

87,316

101,698

106,803

112,799

101,804

108,219

117,854

82,709

93,703

119,309

74,645

79,769

4,350

-35,875

13,187

16,426

20,680

23,889

33,539

42,535

50,108

58,658

45,248

50,220

52,789

47,808

53,063

57,898

36,554

41,792

46,289

49,078

52,956

56,778

43,152

46,397

26,685

Total liabilities and stockholders’ equity

119,975

136,203

140,628

147,330

148,263

152,287

155,124

117,941

128,872

159,628

118,888

125,770

13,885

28,934

40,118

47,676

50,145

54,217

63,438

56,764

62,720

70,500

56,164

59,369

62,358

55,250

59,649

63,836

42,327

46,971

51,558

54,180

57,510

61,856

46,274

50,161

28,486