Vanda pharmaceuticals inc. (VNDA)
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'13Sep'13Jun'13Mar'13Dec'12Sep'12Jun'12Mar'12Dec'11Sep'11Jun'11Dec'10
ASSETS
Current assets:
Cash and Cash Equivalents, at Carrying Value

64,950

45,072

39,208

46,543

34,379

61,005

60,778

60,891

155,293

33,627

22,586

14,232

20,111

40,426

32,765

23,194

38,740

50,843

46,786

48,337

32,809

60,901

15,308

16,994

43,260

64,764

142,172

103,633

109,931

88,772

104,515

94,388

108,094

87,923

60,326

50,386

42,559

Marketable securities

247,376

267,057

198,577

233,618

233,457

196,355

179,801

170,325

93,541

109,786

117,295

122,886

117,645

100,914

109,814

112,795

99,590

92,337

97,529

98,300

101,520

68,921

40,781

46,591

57,142

65,586

-

-

1,001

31,631

29,889

50,313

49,156

60,961

101,122

138,013

155,478

Accounts receivable, net

29,272

26,367

26,824

23,890

26,346

28,780

25,259

24,855

23,314

17,601

18,179

21,024

17,751

20,268

15,928

14,030

16,679

16,331

15,789

15,818

20,120

3,654

3,696

2,376

1,691

2,031

1,956

1,641

1,462

1,168

1,535

1,700

1,535

1,618

1,216

752

511

Inventory, Net

1,320

1,140

1,019

1,057

1,112

994

887

1,193

1,011

840

921

742

816

779

865

927

938

1,294

3,797

4,962

5,215

5,170

1,268

1,093

192

-

-

-

-

-

161

165

-

-

-

-

-

Prepaid expenses and other current assets

17,828

14,500

14,382

10,694

11,204

11,998

12,082

11,838

9,276

8,003

10,738

15,725

12,239

11,788

11,036

9,430

6,502

5,742

9,976

6,956

2,503

3,084

3,785

4,166

3,132

2,703

2,412

2,651

3,288

3,967

3,323

3,423

2,564

2,999

1,873

2,192

1,843

Restricted cash

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

100

530

530

430

430

430

430

-

-

-

-

-

-

Deferred tax, current

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

182

182

182

Total current assets

360,746

354,136

280,010

315,802

306,498

299,132

278,807

269,102

282,435

169,857

169,719

174,609

168,562

174,175

170,408

160,376

162,449

166,547

173,877

174,373

162,167

141,730

64,838

71,220

105,517

135,614

147,070

108,355

116,112

125,968

139,853

149,989

161,349

153,501

164,719

191,525

200,573

Marketable securities, non-current

-

-

61,827

12,517

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

0

19,012

19,011

-

0

Property and equipment, net

3,877

3,864

4,156

4,240

4,294

4,417

4,579

4,800

5,105

5,306

5,448

5,709

5,461

5,015

4,731

4,246

4,351

4,570

4,159

3,869

3,080

2,437

2,233

2,312

2,208

2,198

2,106

2,208

2,264

2,348

2,446

2,533

2,478

964

851

963

937

Operating lease right-of-use assets

10,875

11,180

11,436

11,718

11,994

0

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

Finite-Lived Intangible Assets, Net

22,667

23,037

23,407

23,783

24,162

24,542

24,922

25,319

25,717

26,069

26,501

26,933

27,365

27,819

29,924

32,867

35,809

38,752

41,695

44,638

47,580

26,724

11,319

11,855

12,472

5,037

5,414

5,791

6,163

6,532

6,909

7,286

7,658

8,027

8,404

8,781

9,522

Deferred tax assets

86,641

87,680

89,072

-

-

0

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

1,639

1,639

1,639

Non-current inventory and other

3,719

3,851

4,541

4,423

4,218

4,039

3,629

3,705

4,058

4,193

4,038

3,420

3,332

3,365

3,380

4,549

4,131

3,181

813

813

813

813

785

785

785

500

500

600

600

600

600

1,030

1,030

1,030

1,030

530

430

Other assets, non-current

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

84

84

84

-

0

Total assets

488,525

483,748

474,449

372,483

351,166

332,130

311,937

302,926

317,315

205,425

205,706

210,671

204,720

210,374

208,443

202,038

206,740

213,050

220,544

223,693

213,640

171,704

79,175

86,172

120,982

143,349

155,090

116,954

125,139

135,448

149,808

160,838

172,599

182,618

195,738

203,438

213,101

LIABILITIES AND STOCKHOLDERS’ EQUITY
Current liabilities:
Accounts payable and accrued liabilities

26,045

27,590

26,992

29,307

27,423

21,584

19,046

18,562

17,242

20,335

18,921

19,126

18,025

16,196

17,572

17,933

22,664

15,767

45,889

-

-

7,291

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

Product revenue allowances

33,177

31,915

33,004

33,269

31,852

31,231

27,196

26,319

27,713

23,028

25,615

31,310

29,943

34,124

33,109

33,828

32,376

35,550

-

-

-

495

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

Milestone Obligation Under License Agreement Current

-

-

0

0

0

200

0

2,000

27,000

27,000

27,000

25,000

25,000

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

Accounts payable

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

1,631

1,490

-

547

248

953

661

369

1,167

1,113

287

1,090

1,689

780

996

1,333

1,337

648

Accrued and other current liabilities

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

43,562

30,299

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

Accrued liabilities

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

6,825

6,753

13,164

5,180

4,532

3,770

3,874

5,187

6,753

5,908

5,093

3,381

3,410

2,513

1,324

Accrued income taxes

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

2,108

2,221

2,266

Deferred rent

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

241

234

228

221

215

209

197

-

-

-

0

453

-

-

0

Deferred revenues

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

31,232

31,059

31,059

26,789

26,789

26,789

26,789

26,789

26,789

26,789

26,789

26,789

26,789

26,789

26,789

Total current liabilities

59,222

59,505

59,996

62,576

59,275

53,015

46,242

46,881

71,955

70,363

71,536

75,436

72,968

50,320

50,681

51,761

55,040

51,317

45,889

45,193

31,789

7,786

38,845

38,294

45,404

32,851

31,905

31,935

31,973

32,263

34,632

34,386

32,662

31,619

33,640

32,860

31,027

Operating lease non-current liabilities

12,139

12,455

12,793

12,992

13,324

0

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

Milestone obligations under license agreements

-

-

-

-

-

-

-

-

-

-

-

-

-

25,000

25,000

25,000

25,000

25,000

25,000

25,000

25,000

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

Other non-current liabilities

778

843

753

221

162

3,693

4,278

4,774

4,216

3,675

3,701

3,817

3,610

3,724

3,597

3,663

3,688

3,706

3,718

3,753

4,378

3,101

113

140

-

-

-

-

-

-

-

-

-

-

-

-

-

Accrued liabilities, non-current

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

278

-

-

-

-

Deferred rent, non-current

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

2,919

2,853

2,831

2,888

2,945

3,002

3,016

3,005

2,797

2,588

2,281

461

600

471

490

Deferred revenues, non-current

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

36,235

44,000

51,764

63,486

70,238

76,991

83,669

90,275

97,027

103,780

110,458

117,064

123,816

130,569

143,853

Total liabilities

72,139

72,803

73,542

75,789

72,761

56,708

50,520

51,655

76,171

74,038

75,237

79,253

76,578

79,044

79,278

80,424

83,728

80,023

74,607

73,946

61,167

10,887

78,112

85,287

99,999

99,225

105,088

111,928

118,658

125,543

134,456

140,754

145,679

149,144

158,056

163,900

175,370

Commitments and contingencies (Notes 8 and 13)

-

-

-

-

-

-

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

0

0

0

Stockholders’ equity:
Preferred stock, $0.001 par value; 20,000,000 shares authorized, and no shares issued or outstanding at March 31, 2020 and December 31, 2019

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

0

0

0

0

0

0

0

0

0

0

Common stock, $0.001 par value; 150,000,000 shares authorized; 54,132,336 and 53,549,612 shares issued and outstanding at March 31, 2020 and December 31, 2019, respectively

54

54

53

53

53

52

52

52

52

45

45

45

45

44

44

43

43

43

43

42

42

41

34

34

34

33

33

28

28

28

28

28

28

28

28

28

28

Additional paid-in capital

635,730

631,307

625,524

621,559

615,047

611,587

607,873

604,889

599,480

492,802

489,939

486,400

481,551

477,087

474,234

466,272

463,084

460,794

458,908

453,269

450,609

448,744

358,728

357,119

355,644

352,240

353,708

303,357

301,733

300,974

300,039

299,463

298,270

296,868

295,530

294,271

291,342

Accumulated Other Comprehensive Income (Loss), Net of Tax

781

249

211

386

135

1

70

79

-28

-34

73

11

50

58

142

124

92

39

37

27

27

16

4

10

8

21

-

-

-

10

23

5

27

21

44

85

2

Accumulated deficit

-220,179

-220,665

-224,881

-325,304

-336,830

-336,218

-346,578

-353,749

-358,360

-361,426

-359,588

-355,038

-353,504

-345,859

-345,255

-344,825

-340,207

-327,849

-313,051

-303,591

-298,205

-287,984

-357,703

-356,278

-334,703

-308,170

-303,739

-298,359

-295,280

-291,107

-284,738

-279,412

-271,405

-263,443

-257,920

-254,846

-253,641

Stockholders' Equity Attributable to Parent

416,386

410,945

400,907

296,694

278,405

275,422

261,417

251,271

241,144

131,387

130,469

131,418

128,142

131,330

129,165

121,614

123,012

133,027

145,937

149,747

152,473

160,817

1,063

885

20,983

44,124

50,002

5,026

6,481

9,905

15,352

20,084

26,920

33,474

37,682

39,538

37,731

Total liabilities and stockholders’ equity

488,525

483,748

474,449

372,483

351,166

332,130

311,937

302,926

317,315

205,425

205,706

210,671

204,720

210,374

208,443

202,038

206,740

213,050

220,544

223,693

213,640

171,704

79,175

86,172

120,982

143,349

155,090

116,954

125,139

135,448

149,808

160,838

172,599

182,618

195,738

203,438

213,101