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Altimmune, Inc.

2018 Q2 Form 10-Q Financial Statement

#000119312518164171 Filed on May 15, 2018

View on sec.gov

Income Statement

Concept 2018 Q2 2018 Q1 2017 Q1
Revenue $2.417M $2.691M $299.6K
YoY Change -20.44% 798.28% -70.34%
Cost Of Revenue
YoY Change
Gross Profit
YoY Change
Gross Profit Margin
Selling, General & Admin $2.930M $2.450M $2.030M
YoY Change 63.69% 20.69% 70.59%
% of Gross Profit
Research & Development $4.919M $5.747M $2.786M
YoY Change -6.39% 106.27% 170.73%
% of Gross Profit
Depreciation & Amortization $70.00K $25.06K $12.97K
YoY Change 40.0% 93.29% -67.59%
% of Gross Profit
Operating Expenses $7.853M $8.686M $4.817M
YoY Change 11.4% 80.32% 368.03%
Operating Profit -$5.436M -$5.995M -$4.517M
YoY Change 35.51% 32.71% 260.09%
Interest Expense $1.921K $870.00 $60.60K
YoY Change -98.02% -98.56% 5671.71%
% of Operating Profit
Other Income/Expense, Net -$5.200M $1.829M -$61.71K
YoY Change 5502.02% -3064.29%
Pretax Income -$10.64M -$4.165M -$4.579M
YoY Change 159.15% -9.03% 278.41%
Income Tax -$1.497M -$991.6K -$1.001M
% Of Pretax Income
Net Earnings -$9.139M -$3.174M -$4.579M
YoY Change 193.82% -30.69% 273.2%
Net Earnings / Revenue -378.08% -117.93% -1528.45%
Basic Earnings Per Share
Diluted Earnings Per Share -$9.621M -$4.731M -$19.91M
COMMON SHARES
Basic Shares Outstanding 25.80M shares 22.27M shares 68.82M shares
Diluted Shares Outstanding

Balance Sheet

Concept 2018 Q2 2018 Q1 2017 Q1
SHORT-TERM ASSETS
Cash & Short-Term Investments $4.200M $4.600M $15.80M
YoY Change -50.0% -70.89% 11.27%
Cash & Equivalents $4.171M $4.560M $15.78M
Short-Term Investments $0.00
Other Short-Term Assets $1.300M $4.900M $500.0K
YoY Change -7.14% 880.0% 0.0%
Inventory
Prepaid Expenses
Receivables $2.900M $3.800M $1.000M
Other Receivables $3.500M $6.600M $1.000M
Total Short-Term Assets $11.87M $19.92M $18.29M
YoY Change -30.18% 8.9% 13.62%
LONG-TERM ASSETS
Property, Plant & Equipment $1.476M $1.375M $87.94K
YoY Change 403.33% 1463.54% -56.03%
Goodwill $0.00 $2.348M
YoY Change -100.0%
Intangibles $38.35M $39.35M
YoY Change 0.57%
Long-Term Investments
YoY Change
Other Assets $411.3K $225.1K
YoY Change 1748.56%
Total Long-Term Assets $40.24M $40.95M $2.436M
YoY Change -45.51% 1580.6% -6.29%
TOTAL ASSETS
Total Short-Term Assets $11.87M $19.92M $18.29M
Total Long-Term Assets $40.24M $40.95M $2.436M
Total Assets $52.10M $60.87M $20.73M
YoY Change -42.65% 193.64% 10.85%
SHORT-TERM LIABILITIES
YoY Change
Accounts Payable $245.3K $513.2K $839.5K
YoY Change -78.31% -38.87% 319.73%
Accrued Expenses $5.306M $4.528M $1.400M
YoY Change 23.39% 223.44% -30.0%
Deferred Revenue
YoY Change
Short-Term Debt $0.00 $0.00 $0.00
YoY Change
Long-Term Debt Due $1.300M $0.00
YoY Change
Total Short-Term Liabilities $7.067M $5.155M $2.235M
YoY Change 27.84% 130.7% -14.05%
LONG-TERM LIABILITIES
Long-Term Debt $600.0K $600.0K $0.00
YoY Change 0.0%
Other Long-Term Liabilities $3.700M $3.200M $442.6K
YoY Change 1750.0% 623.02% -11.48%
Total Long-Term Liabilities $4.300M $3.800M $442.6K
YoY Change 437.5% 758.58% -11.48%
TOTAL LIABILITIES
Total Short-Term Liabilities $7.067M $5.155M $2.235M
Total Long-Term Liabilities $4.300M $3.800M $442.6K
Total Liabilities $15.78M $14.37M $2.677M
YoY Change 6.17% 436.83% -13.64%
SHAREHOLDERS EQUITY
Retained Earnings -$90.00M -$80.86M -$32.07M
YoY Change 131.07% 152.15% -85.74%
Common Stock $3.737K $2.225K $6.882K
YoY Change 142.35% -67.67%
Preferred Stock
YoY Change
Treasury Stock (at cost)
YoY Change
Treasury Stock Shares
Shareholders Equity $35.81M $40.54M $29.10M
YoY Change
Total Liabilities & Shareholders Equity $52.10M $60.87M $20.73M
YoY Change -42.65% 193.64% 10.64%

Cashflow Statement

Concept 2018 Q2 2018 Q1 2017 Q1
OPERATING ACTIVITIES
Net Income -$9.139M -$3.174M -$4.579M
YoY Change 193.82% -30.69% 273.2%
Depreciation, Depletion And Amortization $70.00K $25.06K $12.97K
YoY Change 40.0% 93.29% -67.59%
Cash From Operating Activities $350.0K -$3.559M -$3.340M
YoY Change -104.48% 6.55% 145.59%
INVESTING ACTIVITIES
Capital Expenditures -$170.0K $652.6K $39.58K
YoY Change 240.0% 1548.82% 26288.0%
Acquisitions
YoY Change
Other Investing Activities $0.00 $200.0K
YoY Change -100.0%
Cash From Investing Activities -$170.0K -$667.5K $140.0K
YoY Change -101.25% -576.76%
FINANCING ACTIVITIES
Cash Dividend Paid $200.3M
YoY Change
Common Stock Issuance & Retirement, Net
YoY Change
Debt Paid & Issued, Net
YoY Change
Cash From Financing Activities -3.460M 18.49K 3.050M
YoY Change 1630.0% -99.39% 15150.0%
NET CHANGE
Cash From Operating Activities 350.0K -3.559M -3.340M
Cash From Investing Activities -170.0K -667.5K 140.0K
Cash From Financing Activities -3.460M 18.49K 3.050M
Net Change In Cash -3.280M -4.210M -150.0K
YoY Change -158.36% 2706.38% -88.81%
FREE CASH FLOW
Cash From Operating Activities $350.0K -$3.559M -$3.340M
Capital Expenditures -$170.0K $652.6K $39.58K
Free Cash Flow $520.0K -$4.211M -$3.380M
YoY Change -106.7% 24.61% 148.47%

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