Renovacor, Inc.

2022 Q3 Form 10-Q Financial Statement

#000095017022015543 Filed on August 08, 2022

View on sec.gov

Income Statement

Concept 2022 Q3 2022 Q2 2022 Q1

Balance Sheet

Concept 2022 Q3 2022 Q2 2022 Q1
SHORT-TERM ASSETS
Cash & Short-Term Investments $53.71M $61.99M $70.08M
YoY Change -37.05% 20253.6% 11662.61%
Cash & Equivalents $53.70M $62.00M $70.10M
Short-Term Investments
Other Short-Term Assets $1.941M $1.221M $1.623M
YoY Change -26.34% 24232.83%
Inventory
Prepaid Expenses $1.221M $1.623M
Receivables
Other Receivables
Total Short-Term Assets $55.65M $63.21M $71.71M
YoY Change -36.73% 20654.48% 11801.77%
LONG-TERM ASSETS
Property, Plant & Equipment $1.441M $913.0K $362.0K
YoY Change 7105.0%
Goodwill
YoY Change
Intangibles
YoY Change
Long-Term Investments
YoY Change
Other Assets $163.0K $56.00K $42.00K
YoY Change
Total Long-Term Assets $2.088M $1.508M $404.0K
YoY Change 10340.0% -98.25% -99.53%
TOTAL ASSETS
Total Short-Term Assets $55.65M $63.21M $71.71M
Total Long-Term Assets $2.088M $1.508M $404.0K
Total Assets $57.74M $64.72M $72.11M
YoY Change -34.37% -25.23% -16.97%
SHORT-TERM LIABILITIES
YoY Change
Accounts Payable $3.228M $1.546M $1.781M
YoY Change 114.91% -19.39% 57.65%
Accrued Expenses $3.945M $2.341M $1.616M
YoY Change 80.63%
Deferred Revenue
YoY Change
Short-Term Debt $0.00 $0.00 $0.00
YoY Change -100.0% -100.0%
Long-Term Debt Due
YoY Change
Total Short-Term Liabilities $8.433M $4.125M $3.397M
YoY Change 128.78% -33.07% -43.1%
LONG-TERM LIABILITIES
Long-Term Debt $0.00 $2.918M $7.975M
YoY Change -100.0%
Other Long-Term Liabilities $6.601M $327.0K $7.975M
YoY Change -78.62%
Total Long-Term Liabilities $6.601M $3.245M $7.975M
YoY Change -78.62%
TOTAL LIABILITIES
Total Short-Term Liabilities $8.433M $4.125M $3.397M
Total Long-Term Liabilities $6.601M $3.245M $7.975M
Total Liabilities $15.03M $7.370M $11.37M
YoY Change -56.5% 19.59% 90.49%
SHAREHOLDERS EQUITY
Retained Earnings -$31.70M -$16.40M -$12.40M
YoY Change 71.35%
Common Stock $74.36M $73.78M $73.14M
YoY Change 3.46%
Preferred Stock
YoY Change
Treasury Stock (at cost)
YoY Change
Treasury Stock Shares
Shareholders Equity $42.71M $57.35M $60.74M
YoY Change
Total Liabilities & Shareholders Equity $57.74M $64.72M $72.11M
YoY Change -34.37% -25.23% -16.97%

Cashflow Statement

Concept 2022 Q3 2022 Q2 2022 Q1

Facts In Submission

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<p style="text-indent:0.0%;font-size:10.0pt;margin-top:0.0pt;line-height:1.15;font-family:Times New Roman;margin-bottom:0.0pt;text-align:left;"><span style="background-color:rgba(0,0,0,0);color:rgba(0,0,0,1);white-space:pre-wrap;font-weight:bold;font-size:10.0pt;font-family:Times New Roman;min-width:fit-content;">Use of Estimates</span></p><p style="text-indent:0.0%;font-size:10.0pt;margin-top:0.0pt;line-height:1.15;font-family:Times New Roman;margin-bottom:0.0pt;text-align:left;"><span style="white-space:pre-wrap;font-size:10.0pt;font-family:Times New Roman;min-width:fit-content;"/> </p><p style="text-indent:0.0%;font-size:10.0pt;margin-top:0.0pt;line-height:1.15;font-family:Times New Roman;margin-bottom:0.0pt;text-align:left;"><span style="background-color:rgba(0,0,0,0);color:rgba(0,0,0,1);white-space:pre-wrap;font-weight:normal;font-size:10.0pt;font-family:Times New Roman;min-width:fit-content;">The preparation of financial statements in conformity with U.S. GAAP requires management to make estimates and assumptions that affect the reported amounts of assets, liabilities, expense, and related disclosures. The Company bases estimates and assumptions on historical experience when available and on various factors that it believes to be reasonable under the circumstances. The Company evaluates its estimates and assumptions on an ongoing basis. Estimates relied upon in preparing these financial statements relate to, but are not limited to, the fair value of financial instruments, stock-based compensation assumptions and accrued expenses (including accrued and prepaid clinical costs). Actual results may differ from these estimates under different assumptions or conditions.</span></p>
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CY2022Q2 us-gaap Weighted Average Number Of Shares Outstanding Basic
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us-gaap Weighted Average Number Of Shares Outstanding Basic
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rcor Incremental Common Shares Attributable To Underlying In The Money Options Outstanding
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rcor Incremental Common Shares Attributable To Underlying Time Based Restricted Stock Units
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CY2022Q2 us-gaap Antidilutive Securities Excluded From Computation Of Earnings Per Share Amount
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us-gaap Antidilutive Securities Excluded From Computation Of Earnings Per Share Amount
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us-gaap Antidilutive Securities Excluded From Computation Of Earnings Per Share Amount
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