2024 Q1 Form 10-K Financial Statement

#000155837024004090 Filed on March 27, 2024

View on sec.gov

Income Statement

Concept 2024 Q1 2023 Q4 2023 Q3

Balance Sheet

Concept 2024 Q1 2023 Q4 2023 Q3
SHORT-TERM ASSETS
Cash & Short-Term Investments $4.089M $6.398M
YoY Change -67.68% -62.25%
Cash & Equivalents $4.100M $6.400M
Short-Term Investments
Other Short-Term Assets $512.0K $718.0K
YoY Change -24.26% -47.74%
Inventory $215.0K
Prepaid Expenses
Receivables
Other Receivables
Total Short-Term Assets $5.736M $7.646M
YoY Change -56.97% -58.27%
LONG-TERM ASSETS
Property, Plant & Equipment $0.00 $0.00
YoY Change -100.0% -100.0%
Goodwill
YoY Change
Intangibles
YoY Change
Long-Term Investments
YoY Change
Other Assets
YoY Change
Total Long-Term Assets $0.00 $0.00
YoY Change -100.0% -100.0%
TOTAL ASSETS
Total Short-Term Assets $5.736M $7.646M
Total Long-Term Assets $0.00 $0.00
Total Assets $5.736M $7.646M
YoY Change -57.79% -59.41%
SHORT-TERM LIABILITIES
YoY Change
Accounts Payable $750.0K $459.0K
YoY Change 673.2% 110.55%
Accrued Expenses $1.230M $1.812M
YoY Change 12.33% -51.11%
Deferred Revenue
YoY Change
Short-Term Debt $0.00 $0.00
YoY Change
Long-Term Debt Due
YoY Change
Total Short-Term Liabilities $2.376M $2.271M
YoY Change 99.33% -42.13%
LONG-TERM LIABILITIES
Long-Term Debt $0.00 $0.00
YoY Change
Other Long-Term Liabilities $0.00 $0.00
YoY Change -100.0% -100.0%
Total Long-Term Liabilities $0.00 $0.00
YoY Change -100.0% -100.0%
TOTAL LIABILITIES
Total Short-Term Liabilities $2.376M $2.271M
Total Long-Term Liabilities $0.00 $0.00
Total Liabilities $2.376M $2.271M
YoY Change 32.07% -54.48%
SHAREHOLDERS EQUITY
Retained Earnings -$242.5M -$240.5M
YoY Change 3.68% 3.8%
Common Stock $245.9M $245.8M
YoY Change 0.06% 0.11%
Preferred Stock
YoY Change
Treasury Stock (at cost)
YoY Change
Treasury Stock Shares
Shareholders Equity $3.360M $5.375M
YoY Change
Total Liabilities & Shareholders Equity $5.736M $7.646M
YoY Change -57.79% -59.41%

Cashflow Statement

Concept 2024 Q1 2023 Q4 2023 Q3

Facts In Submission

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AMPIO PHARMACEUTICALS, INC.
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<p style="font-family:'Times New Roman','Times','serif';font-size:10pt;font-style:italic;font-weight:bold;line-height:1.19;margin:0pt 0pt 12pt 36pt;"><b style="font-style:normal;font-weight:bold;">Use of Estimates</b></p><p style="font-family:'Times New Roman','Times','serif';font-size:10pt;line-height:1.19;margin:0pt 0pt 12pt 0pt;">The preparation of financial statements in conformity with GAAP requires management to make estimates and assumptions that affect the reported amounts of assets, liabilities and expenses, and related disclosures in the financial statements and accompanying notes. The Company bases its estimates on historical experience and on assumptions believed to be reasonable under the circumstances. Actual results could differ materially from those estimates.</p><p style="font-family:'Times New Roman','Times','serif';font-size:10pt;line-height:1.19;margin:0pt 0pt 12pt 0pt;">Significant items subject to such estimates and assumptions primarily include the Company’s projected current and long-term liquidity needs and availability and the insurance recovery receivable. The Company develops these estimates using its judgment based upon experience and the facts and circumstances known at the time.</p>
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<p style="font-family:'Times New Roman','Times','serif';font-size:10pt;font-style:italic;font-weight:bold;line-height:1.19;margin:0pt 0pt 12pt 36pt;"><b style="font-style:normal;font-weight:bold;">Concentrations of Credit Risk</b></p><p style="font-family:'Times New Roman','Times','serif';font-size:10pt;line-height:1.19;margin:0pt 0pt 12pt 0pt;">Financial instruments that potentially subject the Company to significant concentrations of credit risk consist primarily of cash and cash equivalents. The Company has no off-balance-sheet concentrations of credit risk, such as foreign exchange contracts, option contracts or foreign currency hedging arrangements. The Company consistently maintains its cash and cash equivalent balances in the form of bank demand deposits, United States federal government backed treasury securities and liquid money market fund accounts with financial institutions that management believes are creditworthy. The Company periodically monitors its cash positions with, and the credit quality of, the financial institutions with which it invests. During the year ended December 31, 2023, the Company did not maintain balances in excess of the federally insured limits; however, during the year ended December 31, 2022, the Company maintained balances in excess of federally insured limits.</p>
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