Zogenix, inc. (ZGNX)
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'11Sep'10Jun'10
Revenues [Abstract]
Collaboration revenue

1,200

1,900

600

1,100

0

-

0

0

-

-

-

7,125

2,696

10,988

6,345

1,986

9,206

5,325

8,860

6,003

4,181

8,929

4,225

2,238

0

-88

0

0

88

0

0

0

8,462

2,476

1,563

1,563

1,563

1,348

920

Net product revenue

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

0

0

3,355

6,485

9,006

6,897

8,903

6,893

9,458

8,453

8,030

9,885

5,425

8,835

8,674

7,477

5,710

4,215

Total revenue

-

-

-

-

-

-

-

-

-

-

0

-

-

-

6,570

2,088

-

6,081

9,120

7,367

4,614

9,938

4,883

6,737

7,389

9,921

7,168

8,942

6,981

9,496

8,453

8,030

18,347

7,901

10,398

10,237

9,040

7,058

5,135

Operating expenses:
Research and development

33,240

35,819

28,372

27,096

24,352

23,596

27,608

26,741

22,980

18,080

21,178

14,850

13,341

13,393

10,076

10,384

7,987

8,550

7,919

6,241

5,150

3,278

2,912

3,162

2,541

-985

2,544

3,577

3,236

5,409

3,660

6,381

5,964

5,503

10,134

8,882

8,524

8,004

7,683

Cost of contract manufacturing

-

-

-

-

-

-

-

-

-

-

0

-

-

-

-

-

-

-

-

-

-

2

0

1,928

3,333

7,099

5,354

4,630

4,158

6,018

4,249

4,167

5,062

4,961

5,482

3,975

4,875

2,932

3,210

Cost of contract manufacturing

-

-

-

-

-

-

-

-

-

-

-

8,242

2,487

-

6,469

2,136

7,804

-

7,780

5,803

3,923

-

3,986

1,935

0

-

0

0

-

-

-

-

-

-

-

-

-

-

-

Royalty expense

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

71

96

106

71

72

80

72

172

267

341

281

338

282

356

325

315

357

232

343

333

297

216

310

Selling, general and administrative

21,318

18,653

15,762

15,459

10,918

11,287

11,016

8,577

8,070

7,756

6,073

5,502

6,554

7,490

6,538

6,844

6,124

6,801

5,696

7,582

6,268

5,836

7,213

9,062

12,528

9,725

10,011

12,000

14,482

11,920

10,857

12,068

14,649

17,818

14,701

15,039

12,901

12,540

12,343

Acquired in-process research and development expense

1,500

-

249,437

-

0

-

0

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

Loss on contract termination

-

-

-

-

-

-

-

-

-

-

-478

-

-

-

0

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

Change in fair value of contingent consideration

-7,900

2,900

400

-700

3,000

-1,900

5,700

-2,500

0

12,500

10,500

500

600

-1,000

200

1,300

1,300

-100

-300

-600

-1,000

0

0

0

0

-

-

-

-

-

-

-

-

-

-

-

-

-

-

Asset impairment charges

-

-

-

-

-

-

-

-

-

0

196

107

813

8,431

0

0

0

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

Total operating expenses

48,158

59,373

293,971

41,855

38,270

32,983

44,324

32,818

31,050

38,336

38,425

29,201

23,795

34,302

23,283

20,664

23,286

20,197

21,201

19,097

14,413

17,617

14,183

-62,883

18,669

16,180

18,190

21,421

22,158

23,703

19,091

22,931

26,032

28,514

30,660

28,229

26,597

23,692

23,546

Restructuring

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

0

876

-

-

0

0

-

-

-

-

-

-

-

Impairment of long-lived assets

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

0

838

-

-

0

0

-

-

-

-

-

-

-

-

-

-

-

Net gain on sale of business

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

0

79,980

-

-

0

0

-

-

-

-

-

-

-

-

-

-

-

Loss from operations

-46,909

-57,424

-293,341

-40,786

-38,270

-32,983

-44,324

-32,818

-31,050

-38,336

-38,425

-22,076

-21,099

-23,316

-16,713

-18,576

-14,080

-14,116

-12,081

-11,730

-9,799

-7,679

-9,300

69,620

-11,280

-6,259

-11,022

-12,479

-15,177

-14,207

-10,638

-14,901

-7,685

-20,613

-20,262

-17,992

-17,557

-16,634

-18,411

Other income (expense):
Interest income

1,088

1,283

2,382

2,983

3,156

3,175

2,133

1,029

833

758

121

117

94

-

-

-

-

-

-

-

-

2

6

6

6

-

1

3

8

13

11

10

19

16

2

3

16

1

2

Interest expense

-

-

-

-

-

-

-

-

-

-4,709

702

692

671

-4,613

567

623

598

-5,319

718

898

643

-6,089

84

1,029

1,886

-11,387

1,587

1,595

1,613

1,583

3,463

2,589

2,678

2,659

2,470

1,261

1,254

5,426

929

Loss on sale of marketable securities

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

5,485

-

-

-

0

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

Loss on extinguishment of debt

-

-

-

-

-

-

-

-

-

-

-3,378

-

-

-

0

-

-

-

-

-

-

-

0

-1,254

-

-

0

0

-

-

-

-

-

-

-

-

-

-

-

Change in fair value of common stock warrant liabilities

-

-

-

-

-

-

-

-

-

-

-380

153

-

-

-

-

-

-

-

-

-

0

0

0

-14

-154

1,474

-480

-81

-313

-202

330

38

-377

137

0

0

0

-

Change in fair value of common stock warrant liabilities

-

-

-

-

-

-

-

-

-

-

-

-

587

-10,535

-356

977

4,527

1,964

-296

-975

410

-51,750

7,948

10,201

8,269

24,706

215

1,264

-4,258

-15,422

3,569

91

-49

-991

546

0

0

-187

8,600

Other income (expense), net

20,021

-62

481

40

-88

7,212

-73

2,950

37

-24

62

29

-20

43

25

-15

-7

-15

103

-39

-120

-743

14

-8

-47

8

67

-45

66

25

-1,421

72

-30

0

16

79

-181

-253

99

Total other income

21,109

1,364

2,863

3,023

3,068

10,550

2,060

3,979

870

-1,406

-4,277

-393

-10

-312

-898

339

3,922

-1,218

-6,396

-1,912

-353

-1,918

7,884

7,916

6,328

-21,103

170

-853

-5,878

13,564

-8,644

-2,268

-2,602

-3,121

-1,769

-1,179

-1,419

-5,491

-9,428

Loss from continuing operations before income taxes

-

-

-

-

-

-

-

-

-

-

-42,702

-22,469

-21,109

-23,628

-17,611

-18,237

-10,158

-15,334

-18,477

-13,642

-10,152

-9,597

-1,416

77,536

-4,952

-27,362

-10,852

-13,332

-21,055

-643

-19,282

-17,169

-10,287

-23,734

-22,031

-19,171

-18,976

-22,125

-27,839

Income tax benefit

-

-

-

-

-

-

-

-

-

-

-42

-16

17

22

-993

9

62

-3,472

-5,496

-6,946

13

39

45

0

0

0

0

0

0

0

0

0

5

-29

7

6

7

0

0

Net loss from continuing operations

-

-

-290,478

-37,763

-

-

-42,264

-28,839

-

-

-42,660

-22,453

-21,126

-

-16,618

-18,246

-10,220

-

-12,981

-6,696

-10,165

-

-1,461

77,536

-4,952

-

-

-

-

-

-

-

-

-

-

-

-

-

-

Loss from discontinued operations

-

-

0

0

-

-

0

-198

-

75

-134

-555

-181

109

-379

-582

-169

3,019

-1,635

79,160

-12,696

-10,884

-11,364

-14,672

-15,980

-

-

-

-

-

-

-

-

-

-

-

-

-

-

Net loss

-25,800

-56,060

-290,478

-37,763

-35,202

-22,433

-42,264

-29,037

-30,180

-39,708

-42,794

-23,008

-21,307

-23,493

-16,997

-18,828

-10,389

-8,843

-14,616

72,464

-22,861

-20,520

-12,825

62,864

-20,932

-35,617

-10,852

-13,332

-21,055

-643

-19,282

-17,169

-10,292

-23,705

-22,038

-19,177

-18,983

-22,125

-27,839

Net loss per share, basic and diluted:
Net loss per share, basic and diluted
Continuing operations (in usd per share)

-

-

-6.75

-0.89

-

-

-1.08

-0.82

-

-1.19

-1.68

-0.90

-0.85

-0.95

-0.67

-0.74

-0.41

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

Discontinued operations (in usd per share)

-

-

0.00

0.00

-

-

0.00

-0.01

-

0.01

0.00

-0.03

-0.01

0.01

-0.02

-0.02

-0.01

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

Net loss per share, basic and diluted (in dollars per share)

-0.54

-1.27

-6.75

-0.89

-0.83

-0.49

-1.08

-0.83

-0.87

-1.18

-1.68

-0.93

-0.86

-0.94

-0.69

-0.76

-0.42

-

-

-

-

-

-

-

-

-

-

-

-

0.04

-0.21

-0.26

-0.16

-0.25

-0.59

-0.56

-0.56

-16.00

-20.65

Net (loss) income per share, basic - continuing operations (in dollars per share)

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-0.49

-0.57

-0.35

-0.53

-0.86

-0.08

4.43

-0.04

-

-

-

-

-

-

-

-

-

-

-

-

-

-

Net (loss) income per share, basic - discontinued operations (in dollars per share)

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-0.24

-0.07

4.13

-0.66

-1.38

-0.64

-0.84

-0.11

-

-

-

-

-

-

-

-

-

-

-

-

-

-

Net (loss) income per share, basic (in dollars per share)

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-0.72

-0.65

3.78

-1.19

-2.23

-0.73

3.59

-0.15

-5.52

-0.10

-0.13

-0.21

-

-

-

-

-

-

-

-

-

-

Net (loss) income per share, diluted:
Net (loss) income per share, diluted - continuing operations (in dollars per share)

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-0.82

-0.08

4.43

-0.09

-

-

-

-

-

-

-

-

-

-

-

-

-

-

Net (loss) income per share, diluted - discontinued operations (in dollars per share)

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-1.37

-0.64

-0.84

-0.11

-

-

-

-

-

-

-

-

-

-

-

-

-

-

Net (loss) income per share, diluted (in dollars per share)

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-2.18

-0.73

3.59

-0.20

-5.52

-0.10

-0.13

-0.21

-

-

-

-

-

-

-

-

-

-

Weighted average common shares outstanding, basic and diluted
Weighted average number of shares used in the calculation of basic and diluted net loss per common share (shares)

48,185

44,589

43,029

42,458

42,236

42,098

39,242

35,355

34,841

34,138

25,431

24,822

24,813

24,850

24,791

24,777

24,722

-

-

-

-

-

-

-

-

-

-

-

-

-

90,370

65,449

-

65,537

37,320

34,018

33,973

1,383

1,348

Weighted average shares outstanding, basic (in shares)

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

24,837

22,613

19,176

19,170

-103,137

17,630

17,498

139,309

-252,083

104,682

100,876

100,809

-

-

-

65,369

-

-

-

-

-

-

Weighted average shares outstanding, diluted (in shares)

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-109,031

17,630

17,498

145,323

-252,083

104,682

100,876

100,809

-

-

-

-

-

-

-

-

-

-

Statements of Comprehensive Income (Loss)
Net income

-25,800

-56,060

-290,478

-37,763

-35,202

-22,433

-42,264

-29,037

-30,180

-39,708

-42,794

-23,008

-21,307

-

-16,997

-18,828

-

-

-

-

-

-

-12,825

62,864

-20,932

-

-10,852

-13,332

-21,055

-643

-19,282

-17,169

-10,292

-23,705

-22,038

-19,177

-18,983

-22,125

-27,839

Unrealized loss on available-for-sale securities

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-3,933

-1,552

-

-

0

0

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

Reclassification of other-than-temporary loss on available-for-sale securities included in net income (loss)

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

5,485

-

-

-

0

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

Comprehensive loss

-

-

-

-

-

-

-

-

-

-

-

-23,008

-21,307

-

-16,997

-18,828

-10,389

-

-13,064

70,912

-22,861

-

-12,825

62,864

-20,932

-

-10,852

-13,332

-21,055

-643

-19,282

-17,169

-10,292

-

-

-

-

-

-

Service and other product revenue
Total revenue

-

-

-

-

-

-

-

-

-

-

-

-

-

-

225

102

-

756

260

1,364

433

1,009

658

1,144

904

-

271

39

-

-

0

-

-

-

-

-

-

-

-