2022 Q1 Form 10-Q Financial Statement

#000083154722000030 Filed on May 12, 2022

View on sec.gov

Income Statement

Concept 2022 Q1 2021 Q1

Balance Sheet

Concept 2022 Q1 2021 Q1
SHORT-TERM ASSETS
Cash & Short-Term Investments $89.21M $162.9M
YoY Change -45.23% -8.38%
Cash & Equivalents $78.68M $69.52M
Short-Term Investments $10.54M $93.30M
Other Short-Term Assets $3.328M $3.500M
YoY Change -4.91% -66.02%
Inventory
Prepaid Expenses
Receivables $64.00K
Other Receivables $2.800M
Total Short-Term Assets $93.18M $169.2M
YoY Change -44.93% -14.23%
LONG-TERM ASSETS
Property, Plant & Equipment $418.0K $3.613M
YoY Change -88.43% -70.04%
Goodwill
YoY Change
Intangibles
YoY Change
Long-Term Investments
YoY Change
Other Assets $4.348M $4.363M
YoY Change -0.34% 36.9%
Total Long-Term Assets $6.873M $9.800M
YoY Change -29.87% -47.63%
TOTAL ASSETS
Total Short-Term Assets $93.18M $169.2M
Total Long-Term Assets $6.873M $9.800M
Total Assets $100.1M $179.0M
YoY Change -44.11% -17.12%
SHORT-TERM LIABILITIES
YoY Change
Accounts Payable $25.31M $33.60M
YoY Change -24.69% 24.91%
Accrued Expenses $13.90M $13.80M
YoY Change 0.75% 33.98%
Deferred Revenue
YoY Change
Short-Term Debt $0.00 $0.00
YoY Change
Long-Term Debt Due
YoY Change
Total Short-Term Liabilities $39.21M $47.38M
YoY Change -17.25% -11.77%
LONG-TERM LIABILITIES
Long-Term Debt $0.00 $0.00
YoY Change
Other Long-Term Liabilities $5.590M $9.189M
YoY Change -39.17% 7.78%
Total Long-Term Liabilities $5.590M $9.189M
YoY Change -39.17% 7.78%
TOTAL LIABILITIES
Total Short-Term Liabilities $39.21M $47.38M
Total Long-Term Liabilities $5.590M $9.189M
Total Liabilities $44.80M $56.57M
YoY Change -20.81% -9.09%
SHAREHOLDERS EQUITY
Retained Earnings -$1.059B -$921.0M
YoY Change 15.02% 20.39%
Common Stock $179.0K $154.0K
YoY Change 16.23% 35.09%
Preferred Stock
YoY Change
Treasury Stock (at cost)
YoY Change
Treasury Stock Shares
Shareholders Equity $55.26M $122.4M
YoY Change
Total Liabilities & Shareholders Equity $100.1M $179.0M
YoY Change -44.11% -17.12%

Cashflow Statement

Concept 2022 Q1 2021 Q1

Facts In Submission

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20000000 USD
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21357000 USD
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8000 USD
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2000 USD
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CY2021Q1 us-gaap Cash Cash Equivalents Restricted Cash And Restricted Cash Equivalents Period Increase Decrease Including Exchange Rate Effect
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69521000 USD
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584000 USD
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620000 USD
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0 USD
CY2021Q1 us-gaap Income Taxes Paid Net
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4000 USD
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0 USD
CY2021Q1 us-gaap Capital Expenditures Incurred But Not Yet Paid
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2 product
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89200000 USD
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The preparation of financial statements in conformity with GAAP requires our management to make informed estimates and assumptions that affect our reported amounts of assets, liabilities, revenues, and expenses. These amounts may materially differ from the amounts ultimately realized and reported due to the inherent uncertainty of any estimate or assumption. On an on-going basis, our management evaluates (as applicable) its most critical estimates and assumptions, including those related to: (i) the realization of our tax assets and estimates of our tax liabilities; (ii) the fair value of our investments; (iii) the valuation of our stock options and the periodic expense recognition of stock-based compensation; and (iv) the potential outcome of our ongoing or threatened litigation.
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11500000 shares
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4655000 USD
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5718000 USD
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CY2022Q1 sppi Accrued Commercial Product
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6269000 USD
CY2021Q4 sppi Accrued Commercial Product
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6568000 USD
CY2022Q1 us-gaap Accounts Payable And Other Accrued Liabilities
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32575000 USD
CY2021Q4 us-gaap Accounts Payable And Other Accrued Liabilities
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7842000 USD
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1274000 USD
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CY2022Q1 sppi Allowance For Credit Losses
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299000 USD
CY2022Q1 us-gaap Accounts Payable And Accrued Liabilities Current And Noncurrent
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6269000 USD
CY2022Q1 us-gaap Allocated Share Based Compensation Expense
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3011000 USD
CY2021Q1 us-gaap Allocated Share Based Compensation Expense
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4212000 USD
CY2022Q1 us-gaap Share Based Compensation Arrangement By Share Based Payment Award Options Grants In Period Gross
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20000.00 shares
CY2022Q1 us-gaap Share Based Compensation Arrangements By Share Based Payment Award Options Grants In Period Weighted Average Exercise Price
ShareBasedCompensationArrangementsByShareBasedPaymentAwardOptionsGrantsInPeriodWeightedAverageExercisePrice
1.35
CY2022Q1 us-gaap Share Based Compensation Arrangement By Share Based Payment Award Options Outstanding Number
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8000000 shares
CY2022Q1 us-gaap Share Based Compensation Arrangement By Share Based Payment Award Options Outstanding Weighted Average Exercise Price
ShareBasedCompensationArrangementByShareBasedPaymentAwardOptionsOutstandingWeightedAverageExercisePrice
6.07
CY2022Q1 us-gaap Employee Service Share Based Compensation Nonvested Awards Total Compensation Cost Not Yet Recognized Stock Options
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3200000 USD
CY2022Q1 us-gaap Operating Lease Right Of Use Asset
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CY2021Q4 us-gaap Operating Lease Right Of Use Asset
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1001000 USD
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1282000 USD
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CY2021Q4 us-gaap Operating Lease Liability Noncurrent
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1452000 USD
CY2022Q1 us-gaap Operating Lease Liability
OperatingLeaseLiability
2297000 USD
CY2021Q4 us-gaap Operating Lease Liability
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2734000 USD
CY2022Q1 us-gaap Operating Lease Cost
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421000 USD
CY2021Q1 us-gaap Operating Lease Cost
OperatingLeaseCost
466000 USD
CY2022Q1 us-gaap Variable Lease Cost
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99000 USD
CY2021Q1 us-gaap Variable Lease Cost
VariableLeaseCost
125000 USD
CY2022Q1 us-gaap Short Term Lease Cost
ShortTermLeaseCost
25000 USD
CY2021Q1 us-gaap Short Term Lease Cost
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17000 USD
CY2022Q1 us-gaap Lease Cost
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545000 USD
CY2021Q1 us-gaap Lease Cost
LeaseCost
608000 USD
CY2022Q1 us-gaap Operating Lease Weighted Average Remaining Lease Term1
OperatingLeaseWeightedAverageRemainingLeaseTerm1
P2Y8M12D
CY2022Q1 us-gaap Operating Lease Weighted Average Discount Rate Percent
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0.034
CY2021Q4 us-gaap Operating Lease Weighted Average Remaining Lease Term1
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P2Y8M12D
CY2021Q4 us-gaap Operating Lease Weighted Average Discount Rate Percent
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0.038
CY2022Q1 us-gaap Lessee Operating Lease Liability Payments Remainder Of Fiscal Year
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883000 USD
CY2022Q1 us-gaap Lessee Operating Lease Liability Payments Due Next Twelve Months
LesseeOperatingLeaseLiabilityPaymentsDueNextTwelveMonths
657000 USD
CY2022Q1 us-gaap Lessee Operating Lease Liability Payments Due Year Two
LesseeOperatingLeaseLiabilityPaymentsDueYearTwo
669000 USD
CY2022Q1 us-gaap Lessee Operating Lease Liability Payments Due Year Three
LesseeOperatingLeaseLiabilityPaymentsDueYearThree
98000 USD
CY2022Q1 sppi Lessee Operating Lease Liability To Be Paid Year Four And Thereafter
LesseeOperatingLeaseLiabilityToBePaidYearFourAndThereafter
73000 USD
CY2022Q1 us-gaap Lessee Operating Lease Liability Payments Due
LesseeOperatingLeaseLiabilityPaymentsDue
2380000 USD
CY2022Q1 us-gaap Lessee Operating Lease Liability Undiscounted Excess Amount
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83000 USD
CY2022Q1 us-gaap Operating Lease Liability
OperatingLeaseLiability
2297000 USD
CY2019Q2 sppi Licensors Annual License Maintenance
LicensorsAnnualLicenseMaintenance
2 product
CY2022Q1 us-gaap Deferred Compensation Liability Current And Noncurrent
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10500000 USD
CY2021Q4 us-gaap Deferred Compensation Liability Current And Noncurrent
DeferredCompensationLiabilityCurrentAndNoncurrent
11200000 USD

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