Savara inc. (SVRA)
CashFlow / Yearly
Dec'19Dec'18Dec'17Dec'16Dec'15Dec'14Dec'13Dec'12
Cash flows from operating activities:
Net loss

-78,173

-61,516

-29,797

-

-

-

-

-

Net loss

-

-

-

-36,100

-39,842

-28,702

-21,480

-15,559

Adjustments to reconcile net loss to net cash used in operating activities:
Issuance of call option derivative

-

-

344

-

-

-

-

-

Depreciation and amortization

-

-

-

99

146

85

40

-

Depreciation and amortization including right-of-use assets

1,010

526

-

-

-

-

-

90

Non-cash interest

-

-

336

-

-

-

-

-

Loss on extinguishment of debt

-

-

-1,816

-

-

-

-

-

Write-off of IPR&D upon acquisition

-

995

-

-

-

-

-

-

Write-off of property and equipment

-

-

-

36

6

0

-

-

Amortization of debt issuance costs and debt discount

-

-

-

1,009

185

-

-

-

Expenses related to options issued to non-employees

-

-

-

-

-

-

-

0

Expenses paid by issuance of common stock

-

-

-

-

-

-

-

0

Expenses paid by issuance of warrants

-

-

-

-

-

-

-

0

Expenses paid by issuance of preferred stock

-

-

-

-

-

-

-

0

Expenses related to stock warrants issued

-

-

-

-

-

-

-

0

Equity in loss of investee

-

-

-

-

-

-

-

0

Acquired in-process research and development (Note 7)

-

-

-

-

-

-

-

0

Depreciation

-

-

363

-

-

-

-

-

Impairment of acquired IPR&D

-

21,692

-

-

-

-

-

-

Amortization of debt discount

-

-

-

-

-

-

-

0

Forgiveness of employee receivable

-

-

-

-

-

-

-

0

Impairment of goodwill

26,852

-

-

-

-

-

-

0

Changes in fair value of financial instruments

-213

-64

-280

-

-

-

-

-

Change in fair value of contingent consideration

264

266

2,240

-

-

-

-

-

Noncash interest (income) expense

-72

75

-

-

-

-

-

-

Foreign currency (gain) loss

-78

71

-218

-

-

-

-

-

Amortization of debt issuance costs

582

468

401

-

-

-

-

-

Accretion on discount to short-term investments and convertible promissory notes

-

-

136

-

-

-

-

-

Accretion on discount to short-term investments

1,161

900

-

-

-

-

-

-

Gain on short-term investments

4

-

-

-

-

-

-

-

Stock-based compensation

4,441

3,737

552

2,643

2,675

2,032

1,600

1,459

Loss on disposals of equipment

-

-

-

-

-

-

-

-4

Loss on fair value of warrants

-

-

-

-

-

-

-

0

Loss on change in fair value of contingent consideration

-

-

-

-

-

-

-35

69

Gain on bargain purchase

-

-

-

-

-

486

-

-

Impairment of IPR&D

-

-

-

6,049

-

-

-

-

Benefit for deferred taxes

-

-7,057

-2,820

-2,409

-

-

-

-

Write-off of license agreement

-

-

-

-

-

-

-

0

Impairment of equipment

-

-

-

-

-

-

-

402

Cumulative effect of change in accounting principle

-

-

-

-

-

-

-

0

Amortization of premium / (accretion of discount) on investments in securities

-

-

-

-

-

-

-

-21

Changes in operating assets and liabilities:
Grant and award receivable

-

-

-400

-

-

-

-

-

Prepaid expenses and other current assets

-148

-900

2,564

-363

-13

58

490

388

Non-current assets

-131

-

-

-

-

-

-

-

Accounts payable and accrued expenses and other current liabilities

568

1,546

133

-

-

-

-

-

Decrease in accounts payable

-

-

-

-1,974

1,230

406

-

-

Increase/(decrease) in accrued liabilities

-

-

-

-6,983

2,638

2,078

-

-

Accounts payable and accrued expenses

-

-

-

-

-

-

2,507

120

Net cash used in operating activities

-45,123

-39,275

-28,234

-

-

-

-

-13,918

Cash flows from investing activities:
Net cash used in operating activities

-

-

-

-37,267

-32,949

-24,645

-17,788

-

Security deposit for new lease

-

-

-

-

-

130

-

-

Proceeds from sale of property and equipment

-

-

-

-

-

-

-

0

Cash acquired through Merger

-

-

3,442

-

-

3,534

-

0

Purchases of certificates of deposit

-

-

-

-

13,713

19,435

21,967

15,822

Proceeds from maturities of certificates of deposit

-

-

-

15,207

17,024

16,659

17,248

8,675

Proceeds from sales of certificates of deposit

-

-

-

-

249

-

-

248

Purchases of other investment securities

-

-

-

-

-

-

-

0

Proceeds from maturities and sales of other investment securities

-

-

-

-

-

-

-

0

Purchase of property and equipment

148

141

495

8

165

147

47

266

Purchase of available-for-sale securities, net

122,945

122,494

-

-

-

-

-

-

Purchase of available-for-sale securities, net

-

-

76,862

-

-

-

-

-

Maturities of available-for-sale securities

124,700

98,746

4,800

-

-

-

-

-

Sale of available-for-sale securities, net

14,133

10,270

-

-

-

-

-

-

Payments made on debt facility

-

-

-

11,653

-

-

-

-

Costs paid in connection with debt facility

-

-

-

123

193

-

-

-

Payment on obligation under license agreement

-

-

-

-

-

-

-

0

Issuance of note receivable - related party

-

-

-

-

-

-

-

0

Payments on note receivable

-

-

-

-

-

-

-

0

Advance to investee

-

-

-

-

-

-

-

0

Cash transferred in rescission of acquisition

-

-

-

-

-

-

-

0

Cash received in rescission of acquisition

-

-

-

-

-

-

-

0

Net cash (used in) provided by investing activities

15,740

-13,619

-69,115

-

-

-

-

-7,165

Cash flows from financing activities:
Net cash provided by / (used in) investing activities

-

-

-

15,199

3,395

481

-4,766

-

Proceeds from debt facility, net

-

9,365

11,327

-

15,000

-

-

-

Issuance of common stock upon exercise of warrants

-

19

384

-

-

-

-

-

Issuance of common stock upon public offering, net

-

45,792

89,598

-

-

-

-

-

Issuance of securities in private financing, net

25,247

-

-

-

-

-

-

-

Issuance of common stock upon at the market offerings, net

29,592

505

1,666

19,958

2,140

30,201

28,098

0

Repayment of long-term debt

-

-

-

-

-

-

-

0

Proceeds from sale and exercise of warrants

-

-

-

473

-

6,148

-

-

Proceeds from exercise of stock options

110

58

5

-

-

-

-

2

Proceeds from convertible promissory notes, net

-

-

3,569

-

-

-

-

-

Proceeds from sale or exercise of warrants

-

-

-

-

-

-

-

0

Proceeds from sale of preferred stock

-

-

-

-

-

-

-

0

Repurchase of Subject to Vesting Shares

-

-

-

-

-

-

-

1

Repurchase of warrants

-

-

-

-

-

-

-

0

Payments for offering costs

-

-

-

1,089

142

2,058

2,361

0

Capital lease obligation principal payments

41

546

460

8

7

-

-

-

Proceeds from issuance of notes payable and detachable warrants

-

-

-

-

-

-

-

0

Cash paid in lieu of fractional shares for reverse stock split

-

-

-

-

-

-

-

0

Net cash (used in) provided by financing activities

54,908

55,193

106,089

-

-

-

-

0

Effect of exchange rate changes on cash and cash equivalents

-22

-119

8

-

-

-

-

-

Increase (decrease) in cash and cash equivalents

25,503

2,180

8,748

-

-

-

-

-

Net cash provided by financing activities

-

-

-

7,558

16,798

34,291

25,737

-

Effect of exchange rate changes on cash

-

-

-

-

-

-

-2

13

Increase / (Decrease) in cash and cash equivalents

-

-

-

-14,510

-12,756

10,127

3,181

-21,069

Non-cash transactions
Extinguishment and derecognition of put options

-

-

2,202

-

-

-

-

-

Shares issued in connection of business combination and assumed equity awards

-

-

35,846

-

-

-

-

-

Accretion of redeemable convertible preferred stock

-

-

578

-

-

-

-

-

Beneficial conversion feature

-

-

404

-

-

-

-

-

Common stock issued for IPR&D, net

-

995

-

-

-

-

-

-

Settlement of contingent consideration

12,478

-

-

-

-

-

-

-

Supplemental disclosure of cash flow information:
Cash paid for interest

2,099

1,406

733

-

-

-

-

-

Common Stock [Member]
Conversion of convertible notes into common stock

-

-

8,249

-

-

-

-

-