$ALT
Altimmune Inc Stock $alt

$alt Overview Financials Valuation SEC Filings Company Website

2017 Q3 Form 10-Q Financial Statement

#000119312517256136 Filed on August 14, 2017

Income Statement

Concept	2017 Q3	2017 Q2	2016 Q2
Revenue	$4.592M	$3.038M	$746.0K
YoY Change	409.63%	307.25%	-35.13%
Cost Of Revenue
YoY Change
Gross Profit
YoY Change
Gross Profit Margin
Selling, General & Admin	$3.040M	$1.790M	$820.0K
YoY Change	-7.6%	118.29%	-54.95%
% of Gross Profit
Research & Development	$5.906M	$5.255M	$1.382M
YoY Change	145.97%	280.36%	13.0%
% of Gross Profit
Depreciation & Amortization	$30.00K	$50.00K	$40.44K
YoY Change	-6.93%	23.66%	10.22%
% of Gross Profit
Operating Expenses	$35.54M	$7.049M	$2.348M
YoY Change	524.62%	200.2%	-24.6%
Operating Profit	-$30.95M	-$4.011M	-$1.602M
YoY Change	546.25%	150.36%	-18.46%
Interest Expense	$2.344K	$97.16K	$9.618K
YoY Change	-75.09%	910.15%	-27.57%
% of Operating Profit
Other Income/Expense, Net	-$485.7K	-$92.83K	-$14.88K
YoY Change	8671.16%	523.7%	-95.92%
Pretax Income	-$31.44M	-$4.104M	-$1.617M
YoY Change	555.63%	153.8%	-30.59%
Income Tax	-$1.533M	-$993.7K	$15.44K
% Of Pretax Income
Net Earnings	-$29.91M	-$3.110M	-$1.617M
YoY Change	523.67%	92.35%	-30.92%
Net Earnings / Revenue	-651.25%	-102.38%	-216.78%
Basic Earnings Per Share			$0.12
Diluted Earnings Per Share	-$57.52M	-$7.585M	$0.12
COMMON SHARES
Basic Shares Outstanding	15.42M shares	68.82M shares	64.74M shares
Diluted Shares Outstanding			65.21M shares

Balance Sheet

Concept	2017 Q3	2017 Q2	2016 Q2
SHORT-TERM ASSETS
Cash & Short-Term Investments	$17.10M	$8.400M	$23.20M
YoY Change	-87.42%	-63.79%	26.09%
Cash & Equivalents	$17.12M	$8.368M	$23.16M
Short-Term Investments			$6.400M
Other Short-Term Assets	$1.000M	$1.400M	$400.0K
YoY Change	100.0%	250.0%	33.33%
Inventory
Prepaid Expenses
Receivables	$2.900M	$3.600M	$1.800M
Other Receivables	$5.100M	$3.500M	$0.00
Total Short-Term Assets	$26.12M	$17.00M	$25.40M
YoY Change	-81.08%	-33.09%	27.6%
LONG-TERM ASSETS
Property, Plant & Equipment	$280.1K	$293.2K	$183.7K
YoY Change	82.09%	59.63%	-40.41%
Goodwill	$9.335M	$35.40M	$2.348M
YoY Change	297.49%	1407.33%	0.0%
Intangibles	$38.59M	$38.13M
YoY Change
Long-Term Investments
YoY Change
Other Assets	$22.25K	$22.25K	$0.00
YoY Change			-100.0%
Total Long-Term Assets	$48.22M	$73.85M	$2.532M
YoY Change	1827.19%	2816.37%	-6.57%
TOTAL ASSETS
Total Short-Term Assets	$26.12M	$17.00M	$25.40M
Total Long-Term Assets	$48.22M	$73.85M	$2.532M
Total Assets	$74.35M	$90.84M	$27.93M
YoY Change	-47.1%	225.24%	23.5%
SHORT-TERM LIABILITIES
YoY Change
Accounts Payable	$495.1K	$1.131M	$711.1K
YoY Change	-19.44%	59.02%	241.13%
Accrued Expenses	$3.600M	$4.300M	$1.700M
YoY Change	80.0%	152.94%	-37.04%
Deferred Revenue
YoY Change
Short-Term Debt	$0.00	$0.00	$0.00
YoY Change			-100.0%
Long-Term Debt Due
YoY Change
Total Short-Term Liabilities	$4.180M	$5.528M	$3.269M
YoY Change	12.12%	69.12%	-0.95%
LONG-TERM LIABILITIES
Long-Term Debt	$600.0K	$600.0K	$0.00
YoY Change
Other Long-Term Liabilities	$4.200M	$200.0K	$411.6K
YoY Change	883.43%	-51.41%	-54.26%
Total Long-Term Liabilities	$4.800M	$800.0K	$411.6K
YoY Change	1023.92%	94.34%	-54.26%
TOTAL LIABILITIES
Total Short-Term Liabilities	$4.180M	$5.528M	$3.269M
Total Long-Term Liabilities	$4.800M	$800.0K	$411.6K
Total Liabilities	$17.28M	$14.87M	$3.680M
YoY Change	315.77%	303.93%	-14.41%
SHAREHOLDERS EQUITY
Retained Earnings	-$68.85M	-$38.95M	-$216.9M
YoY Change	-36.05%	-82.04%
Common Stock	$1.563K	$1.542K	$6.479K
YoY Change	-76.47%	-76.2%
Preferred Stock
YoY Change
Treasury Stock (at cost)
YoY Change
Treasury Stock Shares
Shareholders Equity	$48.83M	$75.98M	$24.25M
YoY Change
Total Liabilities & Shareholders Equity	$74.35M	$90.84M	$27.93M
YoY Change	-47.1%	225.24%	23.59%

Cashflow Statement

Concept	2017 Q3	2017 Q2	2016 Q2
OPERATING ACTIVITIES
Net Income	-$29.91M	-$3.110M	-$1.617M
YoY Change	523.67%	92.35%	-30.92%
Depreciation, Depletion And Amortization	$30.00K	$50.00K	$40.44K
YoY Change	-6.93%	23.66%	10.22%
Cash From Operating Activities	-$4.260M	-$7.810M	$8.540M
YoY Change	-64.62%	-191.45%	222.26%
INVESTING ACTIVITIES
Capital Expenditures	-$30.00K	-$50.00K	-$30.00K
YoY Change	-80.0%	66.67%	50.0%
Acquisitions
YoY Change
Other Investing Activities	$10.00K	$13.68M	$0.00
YoY Change
Cash From Investing Activities	-$20.00K	$13.63M	-$30.00K
YoY Change	-86.67%	-45533.33%	50.0%
FINANCING ACTIVITIES
Cash Dividend Paid
YoY Change
Common Stock Issuance & Retirement, Net
YoY Change
Debt Paid & Issued, Net
YoY Change
Cash From Financing Activities	12.99M	-200.0K	420.0K
YoY Change	148.37%	-147.62%	740.0%
NET CHANGE
Cash From Operating Activities	-4.260M	-7.810M	8.540M
Cash From Investing Activities	-20.00K	13.63M	-30.00K
Cash From Financing Activities	12.99M	-200.0K	420.0K
Net Change In Cash	8.710M	5.620M	8.930M
YoY Change	-225.14%	-37.07%	233.21%
FREE CASH FLOW
Cash From Operating Activities	-$4.260M	-$7.810M	$8.540M
Capital Expenditures	-$30.00K	-$50.00K	-$30.00K
Free Cash Flow	-$4.230M	-$7.760M	$8.570M
YoY Change	-64.42%	-190.55%	220.97%

Facts In Submission

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	us-gaap	Other Nonoperating Income Expense OtherNonoperatingIncomeExpense	-947
	us-gaap	Payments To Acquire Intangible Assets PaymentsToAcquireIntangibleAssets	30626
	us-gaap	Payments To Acquire Property Plant And Equipment PaymentsToAcquirePropertyPlantAndEquipment	83898
	us-gaap	Proceeds From Debt Net Of Issuance Costs ProceedsFromDebtNetOfIssuanceCosts	3018780
	us-gaap	Proceeds From Stock Options Exercised ProceedsFromStockOptionsExercised	450
	us-gaap	Proceeds From Issuance Or Sale Of Equity ProceedsFromIssuanceOrSaleOfEquity	46700
	us-gaap	Repayments Of Notes Payable RepaymentsOfNotesPayable	212431
	us-gaap	Research And Development Expense ResearchAndDevelopmentExpense	8040851
	us-gaap	Revenue From Grants RevenueFromGrants	3327668
	us-gaap	Sales Revenue Net SalesRevenueNet	3337544
	us-gaap	Share Based Compensation ShareBasedCompensation	684088
	dei	Trading Symbol TradingSymbol	ALT
	us-gaap	Weighted Average Number Of Share Outstanding Basic And Diluted WeightedAverageNumberOfShareOutstandingBasicAndDiluted	9596423	shares
	alt	Number Of Warrants Exercised For Conversion Of Securities NumberOfWarrantsExercisedForConversionOfSecurities	661888	shares
	alt	Exchange Of Stock ExchangeOfStock	1-for-1 basis
	alt	Accrued Expenses And Conversion Of Note Payable To Convertible Notes AccruedExpensesAndConversionOfNotePayableToConvertibleNotes	1077540
	alt	Estimated Average Market Fair Value Of Intangible Assets EstimatedAverageMarketFairValueOfIntangibleAssets	50900000
	alt	Reporting Unit Carrying Amount ReportingUnitCarryingAmount	76000000
	alt	Impairment Adjustments ImpairmentAdjustments	0
	alt	Hypothetical Downward Adjustment Percentage Of Range Of Control Premium HypotheticalDownwardAdjustmentPercentageOfRangeOfControlPremium	0.10	pure
	us-gaap	Adjustment For Amortization AdjustmentForAmortization	48788
	us-gaap	Allocated Share Based Compensation Expense AllocatedShareBasedCompensationExpense	389729
	us-gaap	Cash Cash Equivalents Restricted Cash And Restricted Cash Equivalents Period Increase Decrease Excluding Exchange Rate Effect CashCashEquivalentsRestrictedCashAndRestrictedCashEquivalentsPeriodIncreaseDecreaseExcludingExchangeRateEffect	487936
	us-gaap	Comprehensive Income Net Of Tax ComprehensiveIncomeNetOfTax	-7034220
	us-gaap	Debt Conversion Converted Instrument Warrants Or Options Issued1 DebtConversionConvertedInstrumentWarrantsOrOptionsIssued1	268999	shares
	us-gaap	Depreciation Depreciation	29726
	us-gaap	Dividends Preferred Stock Stock DividendsPreferredStockStock	143014
	us-gaap	Earnings Per Share Basic And Diluted EarningsPerShareBasicAndDiluted	-0.49
	us-gaap	Effect Of Exchange Rate On Cash And Cash Equivalents EffectOfExchangeRateOnCashAndCashEquivalents	-100082
	us-gaap	General And Administrative Expense GeneralAndAdministrativeExpense	2011797
	us-gaap	Income Loss From Continuing Operations Before Income Taxes Extraordinary Items Noncontrolling Interest IncomeLossFromContinuingOperationsBeforeIncomeTaxesExtraordinaryItemsNoncontrollingInterest	-3229926
	us-gaap	Increase Decrease In Deferred Revenue IncreaseDecreaseInDeferredRevenue	-47137
	us-gaap	Increase Decrease In Income Taxes Receivable IncreaseDecreaseInIncomeTaxesReceivable	87584
	us-gaap	Increase Decrease In Accounts Receivable IncreaseDecreaseInAccountsReceivable	-206273
	us-gaap	Increase Decrease In Prepaid Rent IncreaseDecreaseInPrepaidRent	3981
	us-gaap	Increase Decrease In Accounts Payable IncreaseDecreaseInAccountsPayable	122918
	us-gaap	Increase Decrease In Accrued Liabilities And Other Operating Liabilities IncreaseDecreaseInAccruedLiabilitiesAndOtherOperatingLiabilities	-440139
	us-gaap	Increase Decrease In Prepaid Deferred Expense And Other Assets IncreaseDecreaseInPrepaidDeferredExpenseAndOtherAssets	-44533
	us-gaap	Interest Expense InterestExpense	19248
	us-gaap	Investment Income Interest InvestmentIncomeInterest	845
	us-gaap	Interest Paid InterestPaid	1662
	us-gaap	License And Services Revenue LicenseAndServicesRevenue	163403
	us-gaap	Net Cash Provided By Used In Investing Activities Continuing Operations NetCashProvidedByUsedInInvestingActivitiesContinuingOperations	-59898
	us-gaap	Net Cash Provided By Used In Operating Activities Continuing Operations NetCashProvidedByUsedInOperatingActivitiesContinuingOperations	-2966800
	us-gaap	Net Income Loss Available To Common Stockholders Basic NetIncomeLossAvailableToCommonStockholdersBasic	-3372940
	us-gaap	Operating Expenses OperatingExpenses	4455928
	us-gaap	Net Cash Provided By Used In Financing Activities Continuing Operations NetCashProvidedByUsedInFinancingActivitiesContinuingOperations	3614716
	us-gaap	Net Income Loss NetIncomeLoss	-3229926
	us-gaap	Operating Income Loss OperatingIncomeLoss	-3205052
	us-gaap	Nonoperating Income Expense NonoperatingIncomeExpense	-24874
	us-gaap	Other Comprehensive Income Loss Foreign Currency Translation Adjustment Tax OtherComprehensiveIncomeLossForeignCurrencyTranslationAdjustmentTax	3804294
	us-gaap	Other Nonoperating Income Expense OtherNonoperatingIncomeExpense	-6471
	us-gaap	Payments To Acquire Intangible Assets PaymentsToAcquireIntangibleAssets	47374
	us-gaap	Payments To Acquire Property Plant And Equipment PaymentsToAcquirePropertyPlantAndEquipment	12524
	us-gaap	Proceeds From Debt Net Of Issuance Costs ProceedsFromDebtNetOfIssuanceCosts	531
	us-gaap	Proceeds From Issuance Of Preferred Stock And Preference Stock ProceedsFromIssuanceOfPreferredStockAndPreferenceStock	3673790
	us-gaap	Proceeds From Issuance Or Sale Of Equity ProceedsFromIssuanceOrSaleOfEquity	260000
	us-gaap	Repayments Of Notes Payable RepaymentsOfNotesPayable	99
	us-gaap	Research And Development Expense ResearchAndDevelopmentExpense	2444131
	us-gaap	Revenue From Grants RevenueFromGrants	1087473
	us-gaap	Sales Revenue Net SalesRevenueNet	1250876
	us-gaap	Share Based Compensation ShareBasedCompensation	389729
	us-gaap	Weighted Average Number Of Share Outstanding Basic And Diluted WeightedAverageNumberOfShareOutstandingBasicAndDiluted	6911189	shares
	alt	Payment Of Deferred Offering Costs PaymentOfDeferredOfferingCosts	319506
	alt	Preferred Stock Issuance Reclassified As Additional Paid In Capital PreferredStockIssuanceReclassifiedAsAdditionalPaidInCapital	325280
CY2016Q2	us-gaap	Allocated Share Based Compensation Expense AllocatedShareBasedCompensationExpense	227383
CY2016Q2	us-gaap	Comprehensive Income Net Of Tax ComprehensiveIncomeNetOfTax	-4231290
CY2016Q2	us-gaap	Debt Conversion Converted Instrument Warrants Or Options Issued1 DebtConversionConvertedInstrumentWarrantsOrOptionsIssued1	134499	shares
CY2016Q2	us-gaap	Dividends Preferred Stock Stock DividendsPreferredStockStock	87123
CY2016Q2	us-gaap	Earnings Per Share Basic And Diluted EarningsPerShareBasicAndDiluted	-0.25
CY2016Q2	us-gaap	General And Administrative Expense GeneralAndAdministrativeExpense	966641
CY2016Q2	us-gaap	Income Loss From Continuing Operations Before Income Taxes Extraordinary Items Noncontrolling Interest IncomeLossFromContinuingOperationsBeforeIncomeTaxesExtraordinaryItemsNoncontrollingInterest	-1617070
CY2016Q2	us-gaap	Interest Expense InterestExpense	9618
CY2016Q2	us-gaap	Investment Income Interest InvestmentIncomeInterest	845
CY2016Q2	us-gaap	License And Services Revenue LicenseAndServicesRevenue	158465
CY2016Q2	us-gaap	Net Income Loss Available To Common Stockholders Basic NetIncomeLossAvailableToCommonStockholdersBasic	-1704193
CY2016Q2	us-gaap	Operating Expenses OperatingExpenses	2348154
CY2016Q2	us-gaap	Net Income Loss NetIncomeLoss	-1617070
CY2016Q2	us-gaap	Operating Income Loss OperatingIncomeLoss	-1602187
CY2016Q2	us-gaap	Nonoperating Income Expense NonoperatingIncomeExpense	-14883
CY2016Q2	us-gaap	Other Comprehensive Income Loss Foreign Currency Translation Adjustment Tax OtherComprehensiveIncomeLossForeignCurrencyTranslationAdjustmentTax	2614220
CY2016Q2	us-gaap	Other Nonoperating Income Expense OtherNonoperatingIncomeExpense	-6110
CY2016Q2	us-gaap	Research And Development Expense ResearchAndDevelopmentExpense	1381513
CY2016Q2	us-gaap	Revenue From Grants RevenueFromGrants	587502
CY2016Q2	us-gaap	Sales Revenue Net SalesRevenueNet	745967
CY2016Q2	us-gaap	Weighted Average Number Of Share Outstanding Basic And Diluted WeightedAverageNumberOfShareOutstandingBasicAndDiluted	6911189	shares
CY2017Q2	us-gaap	Allocated Share Based Compensation Expense AllocatedShareBasedCompensationExpense	338987
CY2017Q2	us-gaap	Comprehensive Income Net Of Tax ComprehensiveIncomeNetOfTax	-1853412
CY2017Q2	us-gaap	Dividends Preferred Stock Stock DividendsPreferredStockStock	44713
CY2017Q2	us-gaap	Earnings Per Share Basic And Diluted EarningsPerShareBasicAndDiluted	-0.26
CY2017Q2	us-gaap	General And Administrative Expense GeneralAndAdministrativeExpense	1794509
CY2017Q2	us-gaap	Income Loss From Continuing Operations Before Income Taxes Extraordinary Items Noncontrolling Interest IncomeLossFromContinuingOperationsBeforeIncomeTaxesExtraordinaryItemsNoncontrollingInterest	-4104091
CY2017Q2	us-gaap	Income Tax Expense Benefit IncomeTaxExpenseBenefit	-993709
CY2017Q2	us-gaap	Interest Expense InterestExpense	97156
CY2017Q2	us-gaap	Investment Income Interest InvestmentIncomeInterest	4166
CY2017Q2	us-gaap	License And Services Revenue LicenseAndServicesRevenue	4938
CY2017Q2	us-gaap	Net Income Loss Available To Common Stockholders Basic NetIncomeLossAvailableToCommonStockholdersBasic	-3155095
CY2017Q2	us-gaap	Operating Expenses OperatingExpenses	7049238
CY2017Q2	us-gaap	Net Income Loss NetIncomeLoss	-3110382
CY2017Q2	us-gaap	Operating Income Loss OperatingIncomeLoss	-4011265
CY2017Q2	us-gaap	Nonoperating Income Expense NonoperatingIncomeExpense	-92826
CY2017Q2	us-gaap	Other Comprehensive Income Loss Foreign Currency Translation Adjustment Tax OtherComprehensiveIncomeLossForeignCurrencyTranslationAdjustmentTax	-1256970
CY2017Q2	us-gaap	Other Nonoperating Income Expense OtherNonoperatingIncomeExpense	164
CY2017Q2	us-gaap	Research And Development Expense ResearchAndDevelopmentExpense	5254729
CY2017Q2	us-gaap	Revenue From Grants RevenueFromGrants	3033035
CY2017Q2	us-gaap	Sales Revenue Net SalesRevenueNet	3037973
CY2017Q2	us-gaap	Sharebased Compensation Arrangement By Sharebased Payment Award Options Vested And Expected To Vest Outstanding Weighted Average Remaining Contractual Term1 SharebasedCompensationArrangementBySharebasedPaymentAwardOptionsVestedAndExpectedToVestOutstandingWeightedAverageRemainingContractualTerm1	P5Y4M20D
CY2017Q2	us-gaap	Weighted Average Number Of Share Outstanding Basic And Diluted WeightedAverageNumberOfShareOutstandingBasicAndDiluted	12245701	shares
CY2017Q2	us-gaap	Sharebased Compensation Arrangement By Sharebased Payment Award Options Outstanding Weighted Average Remaining Contractual Term2 SharebasedCompensationArrangementBySharebasedPaymentAwardOptionsOutstandingWeightedAverageRemainingContractualTerm2	P3Y2M5D
CY2017Q2	us-gaap	Sharebased Compensation Arrangement By Sharebased Payment Award Options Exercisable Weighted Average Remaining Contractual Term1 SharebasedCompensationArrangementBySharebasedPaymentAwardOptionsExercisableWeightedAverageRemainingContractualTerm1	P2Y6M18D
CY2017Q2	alt	Number Of Warrants Exercised For Conversion Of Securities NumberOfWarrantsExercisedForConversionOfSecurities	661888	shares

Files In Submission

Name	View Source	Status
0001193125-17-256136-index-headers.html	Edgar Link	pending
0001193125-17-256136-index.html	Edgar Link	pending
0001193125-17-256136.txt	Edgar Link	pending
0001193125-17-256136-xbrl.zip	Edgar Link	pending
alt-20170630.xml	Edgar Link	completed
alt-20170630.xsd	Edgar Link	pending
alt-20170630_cal.xml	Edgar Link	unprocessable
alt-20170630_def.xml	Edgar Link	unprocessable
alt-20170630_lab.xml	Edgar Link	unprocessable
alt-20170630_pre.xml	Edgar Link	unprocessable
d408900d10q.htm	Edgar Link	pending
d408900dex1010.htm	Edgar Link	pending
d408900dex1011.htm	Edgar Link	pending
d408900dex1012.htm	Edgar Link	pending
d408900dex1013.htm	Edgar Link	pending
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d408900dex1016.htm	Edgar Link	pending
d408900dex1017.htm	Edgar Link	pending
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d408900dex106.htm	Edgar Link	pending
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d408900dex312.htm	Edgar Link	pending
d408900dex321.htm	Edgar Link	pending
d408900dex322.htm	Edgar Link	pending
FilingSummary.xml	Edgar Link	unprocessable
Financial_Report.xlsx	Edgar Link	pending
g4089001aa.jpg	Edgar Link	pending
g408900ie1.jpg	Edgar Link	pending
g408900ie2.jpg	Edgar Link	pending
R1.htm	Edgar Link	pending
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report.css	Edgar Link	pending
Show.js	Edgar Link	pending

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$ALT
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2017 Q3 Form 10-Q Financial Statement

#000119312517256136 Filed on August 14, 2017

Income Statement

Balance Sheet

Cashflow Statement

Facts In Submission

Files In Submission

$ALT Altimmune Inc Stock $alt

2017 Q3 Form 10-Q Financial Statement

#000119312517256136 Filed on August 14, 2017

Income Statement

Balance Sheet

Cashflow Statement

Facts In Submission

Files In Submission

$ALT
Altimmune Inc Stock $alt