ZOGENIX, INC. ZGNX Income Statement

Zogenix, inc. (ZGNX)

Income statement / TTM

Mar'20	Dec'19	Sep'19	Jun'19	Mar'19	Dec'18	Sep'18	Jun'18	Mar'18	Dec'17	Sep'17	Jun'17	Mar'17	Dec'16	Sep'16	Jun'16	Mar'16	Dec'15	Sep'15	Jun'15	Mar'15	Dec'14	Sep'14	Jun'14	Mar'14	Dec'13	Sep'13	Jun'13	Mar'13	Dec'12	Sep'12	Jun'12	Mar'12	Dec'11	Sep'11	Jun'11	Mar'11	Sep'10	Jun'10
Revenues [Abstract]
Collaboration revenue
4,800	3,600	1,700	1,100	0	-	0	0	-	-	-	27,154	22,015	28,525	22,862	25,377	29,394	24,369	27,973	23,338	19,573	15,392	6,375	2,150	-88	0	88	88	88	8,462	10,938	12,501	14,064	7,165	6,037	5,394	0	0	0
Net product revenue
-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	9,840	18,846	25,743	31,291	31,699	32,151	33,707	32,834	35,826	31,793	32,175	32,819	30,411	30,696	26,076	0	0	0
Total revenue
-	-	-	-	-	-	-	-	-	-	0	-	-	-	0	0	-	27,182	31,039	26,802	26,172	28,947	28,930	31,215	33,420	33,012	32,587	33,872	32,960	44,326	42,731	44,676	46,883	37,576	36,733	31,470	0	0	0
Operating expenses:
Research and development
124,527	115,639	103,416	102,652	102,297	100,925	95,409	88,979	77,088	67,449	62,762	51,660	47,194	41,840	36,997	34,840	30,697	27,860	22,588	17,581	14,502	11,893	7,630	7,262	7,677	8,372	14,766	15,882	18,686	21,414	21,508	27,982	30,483	33,043	35,544	33,093	0	0	0
Cost of contract manufacturing
-	-	-	-	-	-	-	-	-	-	0	-	-	-	-	-	-	-	-	-	-	5,263	12,360	17,714	20,416	21,241	20,160	19,055	18,592	19,496	18,439	19,672	19,480	19,293	17,264	14,992	0	0	0
Cost of contract manufacturing
-	-	-	-	-	-	-	-	-	-	-	0	0	-	0	0	0	-	0	0	0	-	0	0	0	-	0	0	-	-	-	-	-	-	-	-	-	-	-
Royalty expense
-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	344	345	329	295	396	591	852	1,061	1,227	1,242	1,257	1,301	1,278	1,353	1,229	1,247	1,265	1,205	1,189	1,156	0	0	0
Selling, general and administrative
71,192	60,792	53,426	48,680	41,798	38,950	35,419	30,476	27,401	25,885	25,619	26,084	27,426	26,996	26,307	25,465	26,203	26,347	25,382	26,899	28,379	34,639	38,528	41,326	44,264	46,218	48,413	49,259	49,327	49,494	55,392	59,236	62,207	60,459	55,181	52,823	0	0	0
Acquired in-process research and development expense
0	-	0	-	0	-	0	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-
Loss on contract termination
-	-	-	-	-	-	-	-	-	-	0	-	-	-	0	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-
Change in fair value of contingent consideration
-5,300	5,600	800	6,100	4,300	1,300	15,700	20,500	23,500	24,100	10,600	300	1,100	1,800	2,700	2,200	300	-2,000	-1,900	-1,600	-1,000	0	0	0	0	-	-	-	-	-	-	-	-	-	-	-	-	-	-
Asset impairment charges
-	-	-	-	-	-	-	-	-	1,116	9,547	9,351	9,244	8,431	0	0	0	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-
Total operating expenses
443,357	433,469	407,079	157,432	148,395	141,175	146,528	140,629	137,012	129,757	125,723	110,581	102,044	101,535	87,430	85,348	83,781	74,908	72,328	65,310	-16,670	-12,414	-13,851	-9,844	74,460	77,949	85,472	86,373	87,883	91,757	96,568	108,137	113,435	114,000	109,178	102,064	0	0	0
Restructuring
-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	0	0	-	-	0	0	-	-	-	-	-	-	-
Impairment of long-lived assets
-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	0	0	-	-	0	0	-	-	-	-	-	-	-	-	-	-	-
Net gain on sale of business
-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	0	0	-	-	0	0	-	-	-	-	-	-	-	-	-	-	-
Loss from operations
-438,460	-429,821	-405,380	-156,363	-148,395	-141,175	-146,528	-140,629	-129,887	-119,936	-104,916	-83,204	-79,704	-72,685	-63,485	-58,853	-52,007	-47,726	-41,289	-38,508	42,842	41,361	42,781	41,059	-41,040	-44,937	-52,885	-52,501	-54,923	-47,431	-53,837	-63,461	-66,552	-76,424	-72,445	-70,594	0	0	0
Other income (expense):
Interest income
7,736	9,804	11,696	11,447	9,493	7,170	4,753	2,741	1,829	1,090	0	0	0	-	-	-	-	-	-	-	-	20	0	0	0	-	25	35	42	53	56	47	40	37	22	22	0	0	0
Interest expense
-	-	-	-	-	-	-	-	-	-2,644	-2,548	-2,683	-2,752	-2,825	-3,531	-3,380	-3,105	-3,060	-3,830	-4,464	-4,333	-3,090	-8,388	-6,885	-6,319	-6,592	6,378	8,254	9,248	10,313	11,389	10,396	9,068	7,644	10,411	8,870	0	0	0
Loss on sale of marketable securities
-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	0	-	-	-	0	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-
Loss on extinguishment of debt
-	-	-	-	-	-	-	-	-	-	0	-	-	-	0	-	-	-	-	-	-	-	0	0	-	-	0	0	-	-	-	-	-	-	-	-	-	-	-
Change in fair value of common stock warrant liabilities
-	-	-	-	-	-	-	-	-	-	0	0	-	-	-	-	-	-	-	-	-	-14	-168	1,306	826	759	600	-1,076	-266	-147	-211	128	-202	-240	137	0	0	0	-
Change in fair value of common stock warrant liabilities
-	-	-	-	-	-	-	-	-	-	-	-	-9,327	-5,387	7,112	7,172	5,220	1,103	-52,611	-44,367	-33,191	-25,332	51,124	43,391	34,454	21,927	-18,201	-14,847	-16,020	-11,811	2,620	-403	-494	-445	359	8,413	0	0	0
Other income (expense), net
20,480	371	7,645	7,091	10,001	10,126	2,890	3,025	104	47	114	77	33	46	-12	66	42	-71	-799	-888	-857	-784	-33	20	-17	96	113	-1,375	-1,258	-1,354	-1,379	58	65	-86	-339	-256	0	0	0
Total other income
28,359	10,318	19,504	18,701	19,657	17,459	5,503	-834	-5,206	-6,086	-4,992	-1,613	-881	3,051	2,145	-3,353	-5,604	-9,879	-10,579	3,701	13,529	20,210	1,025	-6,689	-15,458	-27,664	7,003	-1,811	-3,226	50	-16,635	-9,760	-8,671	-7,488	-9,858	-17,517	0	0	0
Loss from continuing operations before income taxes
-	-	-	-	-	-	-	-	-	-	-109,908	-84,817	-80,585	-69,634	-61,340	-62,206	-57,611	-57,605	-51,868	-34,807	56,371	61,571	43,806	34,370	-56,498	-72,601	-45,882	-54,312	-58,149	-47,381	-70,472	-73,221	-75,223	-83,912	-82,303	-88,111	0	0	0
Income tax benefit
-	-	-	-	-	-	-	-	-	-	-19	-970	-945	-900	-4,394	-8,897	-15,852	-15,901	-12,390	-6,849	97	84	45	0	0	0	0	0	0	5	-24	-17	-11	-9	20	13	0	0	0
Net loss from continuing operations
-	-	0	0	-	-	0	0	-	-	0	0	0	-	0	0	0	-	0	0	0	-	0	0	0	-	-	-	-	-	-	-	-	-	-	-	-	-	-
Loss from discontinued operations
-	-	0	0	-	-	0	0	-	-795	-761	-1,006	-1,033	-1,021	1,889	633	80,375	67,848	53,945	44,216	-49,616	-52,900	0	0	0	-	-	-	-	-	-	-	-	-	-	-	-	-	-
Net loss
-410,101	-419,503	-385,876	-137,662	-128,936	-123,914	-141,189	-141,719	-135,690	-126,817	-110,602	-84,805	-80,625	-69,707	-55,057	-52,676	38,616	26,144	14,467	16,258	6,658	8,587	-6,510	-4,537	-80,733	-80,856	-45,882	-54,312	-58,149	-47,386	-70,448	-73,204	-75,212	-83,903	-82,323	-88,124	0	0	0
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
-410,101	-419,503	-385,876	-137,662	-128,936	-123,914	-141,189	-141,719	-135,690	-126,817	-104,106	-80,140	0	-	0	0	-	-	-	-	-	-	0	0	0	-	-45,882	-54,312	-58,149	-47,386	-70,448	-73,204	-75,212	-83,903	-82,323	-88,124	0	0	0
Unrealized loss on available-for-sale securities
-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	0	0	-	-	0	0	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-
Reclassification of other-than-temporary loss on available-for-sale securities included in net income (loss)
-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	0	-	-	-	0	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-
Comprehensive loss
-	-	-	-	-	-	-	-	-	-	-	0	0	-	0	0	0	-	0	0	0	-	0	0	0	-	-45,882	-54,312	-58,149	-47,386	0	0	0	-	-	-	-	-	-
Service and other product revenue
Total revenue
-	-	-	-	-	-	-	-	-	-	-	-	-	-	0	0	-	2,813	3,066	3,464	3,244	3,715	2,977	2,358	0	-	0	0	-	-	0	-	-	-	-	-	-	-	-