Vivus inc (VVUS)
Income statement / 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'11Mar'11Dec'10Sep'10Jun'10Mar'10
Revenue:
Total revenue

19,631

17,254

17,970

18,390

16,146

20,114

18,088

14,960

11,900

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

Revenues

-

-

-

-

-

-

-

-

-

-

15,193

11,227

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

Net product revenue

-

-

-

-

-

-

-

-

-

-

-

-

17,620

-

12,294

12,749

12,412

13,970

14,011

14,013

12,628

12,702

12,454

10,983

9,138

7,693

6,379

5,534

4,112

-

41

-

-

-

-

-

-

-

-

-

-

License and milestone revenue

-

-

-

-

-

-

-

-

-

-

-

-

5,000

-

-

-

-

0

0

0

11,574

0

15,070

4,181

19,363

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

License and milestone revenue

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

21,000

-

-

-

-

-

-

-

-

-

-

-

-

-

-

Supply revenue

-

-

-

-

-

-

-

-

-

-

-

-

3,812

-

0

0

1,526

23

10,056

8,117

8,478

8,183

5,300

5,666

7,370

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

Royalty revenue

-

-

-

-

-

-

-

-

-

-

-

-

580

-

1,059

1,027

1,386

1,350

869

855

-514

847

1,053

1,051

820

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

Total revenue

-

-

-

-

-

-

-

-

-

-

-

-

27,012

-

13,353

13,776

15,324

15,343

24,936

22,985

32,166

21,732

33,877

21,881

36,691

44,057

27,379

5,534

4,112

-

41

-

-

-

-

-

-

-

-

-

-

Operating expenses:
Cost of goods sold (excluding amortization)

4,627

3,970

3,016

4,377

4,308

5,213

3,484

3,286

2,630

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

Cost of goods sold (excluding amortization)

-

-

-

-

-

-

-

-

-

-

3,423

3,389

6,167

-

2,065

2,647

3,704

2,626

11,765

9,870

9,896

9,571

7,268

7,015

9,533

3,165

741

572

390

-

4

-

-

-

-

-

-

-

-

-

-

Amortization of intangible assets

3,638

3,638

3,638

3,638

3,638

3,638

3,638

1,273

91

-

91

181

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

Sales and marketing

4,233

4,313

4,514

4,607

4,534

3,074

3,096

3,521

4,279

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

Inventory impairment and other non-recurring charges

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

2,539

29,522

-

-

4,119

-

-

-

20,743

3,218

-

-

-

-

-

-

-

-

-

-

-

-

-

Non-recurring charges

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

2,054

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

General and administrative

6,727

6,631

4,693

5,463

5,284

4,632

5,360

8,190

5,789

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

12,481

-

-

5,303

5,428

7,018

6,724

6,750

5,164

Selling, general and administrative

-

-

-

-

-

-

-

-

-

-

8,388

11,630

11,431

13,125

10,440

13,692

15,122

13,657

17,129

22,201

26,400

26,836

27,828

28,266

28,609

35,863

38,167

39,509

44,696

-

31,269

15,444

-

-

5,203

-

-

-

-

-

-

Inventory impairment and commitment fee

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

4,448

5,777

-

-

-

-

-

-

-

-

-

-

-

-

Research and development

2,445

2,380

3,266

2,352

2,469

1,800

2,102

2,042

1,403

1,204

865

1,014

2,180

1,771

1,696

1,096

1,029

3,277

1,532

2,599

2,694

2,710

2,574

4,086

4,423

4,994

8,405

9,232

7,046

7,601

9,300

8,873

6,291

5,351

3,738

11,035

4,480

6,093

10,091

13,576

10,211

Total operating expenses

21,670

20,932

19,127

20,437

20,233

-

17,680

18,312

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

Total operating expenses

-

-

-

-

-

-

-

-

14,192

-

12,767

16,214

19,778

17,082

14,201

17,435

19,855

19,560

32,965

64,192

38,990

39,117

41,789

39,367

44,619

52,752

68,056

56,979

57,909

58,255

40,573

24,317

18,772

11,889

8,941

16,338

9,908

13,111

16,815

20,326

15,375

Loss from operations

-2,039

-3,678

-1,157

-2,047

-4,087

1,757

408

-3,352

-2,292

-1,880

2,426

-4,987

7,234

64,723

-848

-3,659

-4,531

-4,217

-8,029

-41,207

-6,824

-17,385

-7,912

-17,486

-7,928

-8,695

-40,677

-51,445

-53,797

-56,284

-40,532

-24,317

-18,772

-11,889

-8,941

-16,338

-9,908

-13,111

-16,815

-20,326

-15,375

Interest expense

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

2

-

-

-

2

1

338

1,378

1,297

1,295

Interest and other (income) expense, net

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

59

56

17

-

-

38

43

297

57

52

62

Interest and other expense, net

-3,219

-2,852

-9,911

-3,880

-3,870

-6,257

-9,595

-9,218

-8,349

-8,190

-8,412

-8,398

-8,302

-8,104

-8,313

-7,735

-8,161

-7,976

-8,076

-8,139

-8,636

-8,031

-8,135

-8,341

-8,058

-8,418

-7,669

-4,183

35

-

59

54

-

30

132

36

42

-5,999

-1,321

-1,245

-1,233

Loss before income taxes

-5,258

-6,530

-11,068

-5,927

-7,957

-4,500

-9,187

-12,570

-10,641

-10,070

-5,986

-13,385

-1,068

56,619

-9,161

-11,394

-12,692

-12,193

-16,105

-49,346

-15,460

-

-16,047

-25,827

-

-17,113

-48,346

-55,628

-53,762

-56,215

-40,473

-24,263

-18,755

-11,859

-8,809

-16,302

-9,866

-19,110

-18,136

-21,571

-16,608

Benefit from income taxes

-45

17

4

8

-8

0

36

4

12

5

8

1

-12

56

-9

7

16

-10

1

6

6

31

-222

-2

-436

51

33

7

6

14

3

3

7

184

3

2

1

8

0

0

1

Loss from continuing operations

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-15,986

-17,164

-48,379

-55,635

-53,768

-56,229

-40,476

-24,266

-18,762

-12,043

-8,812

-16,304

-9,867

-

-18,136

-

-

Income from discontinued operations, net of tax

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

0

175

123

192

-430

80

218

-16

580

185

107

14

-

-

-

-

Net loss from continuing operations

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-21,571

-16,609

Income (loss) from discontinued operations, net of tax

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

157

-1,186

-2,209

Net loss

-5,213

-6,547

-11,072

-5,935

-7,949

-4,500

-9,223

-12,574

-10,653

-10,075

-5,994

-13,386

-1,056

56,563

-9,152

-11,401

-12,708

-12,183

-16,106

-49,352

-15,466

-25,447

-15,825

-25,825

-15,550

-17,164

-48,204

-55,512

-53,576

-56,659

-40,396

-24,048

-18,778

-11,463

-8,627

-16,197

-9,853

-

-17,979

-

-

Basic and diluted net loss per share:
Net loss

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-22,757

-18,818

Unrealized (loss) gain on securities

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

1

14

-

Comprehensive loss

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-17,978

-

-

Comprehensive loss

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-22,743

-

Continuing operations (in dollars per share)

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-0.16

-0.48

-0.55

-0.53

-0.58

-0.40

-0.24

-0.20

-0.14

-0.10

-0.20

-0.12

-

-0.22

-0.27

-

Discontinued operations (in dollars per share)

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

0.00

0.00

-

0.00

0.00

0.00

0.00

0.01

0.00

0.00

0.00

-

0.00

-0.01

-

Basic and diluted net loss per share (in dollars per share)

-0.49

-0.61

-1.04

-0.56

-0.75

-0.43

-0.87

-1.18

-1.00

-2.18

-0.57

-0.13

-0.01

-

-0.09

-0.11

-0.12

-

-0.15

-0.48

-0.15

-

-0.15

-0.25

-0.15

-0.16

-0.48

-0.55

-0.53

-0.58

-0.40

-0.24

-0.20

-0.13

-0.10

-0.20

-0.12

-

-0.22

-0.28

-

Continuing operations, basic (in dollars per share)

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-0.21

Discontinued operations, basic (in dollars per share)

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-0.02

Basic net (loss) income per share

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-0.23

Continuing operations, diluted (in dollars per share)

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-0.21

Discontinued operations, diluted (in dollars per share)

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-0.02

Diluted net (loss) income per share

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-0.23

Shares used in per share computation:
Basic

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

92,267

89,003

84,818

81,928

81,819

81,295

81,172

80,903

80,698

Diluted

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

92,267

89,003

84,818

81,928

81,819

79,501

82,966

80,903

80,698

Basic and diluted (in shares)

10,649

10,644

10,643

10,640

10,637

10,643

10,628

10,612

10,601

-179,478

10,583

105,712

105,479

-

104,484

104,126

104,071

-

104,014

103,845

103,797

-

103,477

103,350

103,289

102,393

100,904

100,739

100,660

-

100,438

99,777

-

-

-

-

-

-

-

-

-

Net Product Revenue
Total revenue

14,697

15,599

14,849

15,104

13,497

17,418

16,484

13,250

9,632

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

License and Milestone Revenue
Total revenue

2,000

-

2,500

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

Supply Revenue
Total revenue

1,823

1,186

64

1,780

1,604

1,660

478

1,042

1,683

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

Royalty Revenue
Total revenue

1,111

469

557

1,506

1,045

1,036

1,126

668

585

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

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