$ALT
Altimmune Inc

2018 Q3 Form 10-Q Financial Statement

#000119312518248492 Filed on August 14, 2018

View on sec.gov

Income Statement

Concept 2018 Q3 2018 Q2 2017 Q2
Revenue $2.634M $2.417M $3.038M
YoY Change -42.63% -20.44% 307.25%
Cost Of Revenue
YoY Change
Gross Profit
YoY Change
Gross Profit Margin
Selling, General & Admin $1.960M $2.930M $1.790M
YoY Change -35.53% 63.69% 118.29%
% of Gross Profit
Research & Development $4.729M $4.919M $5.255M
YoY Change -19.93% -6.39% 280.36%
% of Gross Profit
Depreciation & Amortization $90.00K $70.00K $50.00K
YoY Change 200.0% 40.0% 23.66%
% of Gross Profit
Operating Expenses $6.692M $7.853M $7.049M
YoY Change -81.17% 11.4% 200.2%
Operating Profit -$4.058M -$5.436M -$4.011M
YoY Change -86.89% 35.51% 150.36%
Interest Expense $166.9K $1.921K $97.16K
YoY Change 7022.27% -98.02% 910.15%
% of Operating Profit
Other Income/Expense, Net $877.5K -$5.200M -$92.83K
YoY Change -280.69% 5502.02% 523.7%
Pretax Income -$3.181M -$10.64M -$4.104M
YoY Change -89.88% 159.15% 153.8%
Income Tax -$829.4K -$1.497M -$993.7K
% Of Pretax Income
Net Earnings -$2.351M -$9.139M -$3.110M
YoY Change -92.14% 193.82% 92.35%
Net Earnings / Revenue -89.25% -378.08% -102.38%
Basic Earnings Per Share
Diluted Earnings Per Share -$1.780M -$9.621M -$7.585M
COMMON SHARES
Basic Shares Outstanding 38.49M shares 25.80M shares 68.82M shares
Diluted Shares Outstanding

Balance Sheet

Concept 2018 Q3 2018 Q2 2017 Q2
SHORT-TERM ASSETS
Cash & Short-Term Investments $8.000M $4.200M $8.400M
YoY Change -53.22% -50.0% -63.79%
Cash & Equivalents $7.964M $4.171M $8.368M
Short-Term Investments
Other Short-Term Assets $400.0K $1.300M $1.400M
YoY Change -60.0% -7.14% 250.0%
Inventory
Prepaid Expenses
Receivables $2.500M $2.900M $3.600M
Other Receivables $1.000M $3.500M $3.500M
Total Short-Term Assets $11.97M $11.87M $17.00M
YoY Change -54.19% -30.18% -33.09%
LONG-TERM ASSETS
Property, Plant & Equipment $1.407M $1.476M $293.2K
YoY Change 402.36% 403.33% 59.63%
Goodwill $35.40M
YoY Change 1407.33%
Intangibles $38.34M $38.35M $38.13M
YoY Change -0.64% 0.57%
Long-Term Investments
YoY Change
Other Assets $1.149M $411.3K $22.25K
YoY Change 5065.34% 1748.56%
Total Long-Term Assets $40.90M $40.24M $73.85M
YoY Change -15.2% -45.51% 2816.37%
TOTAL ASSETS
Total Short-Term Assets $11.97M $11.87M $17.00M
Total Long-Term Assets $40.90M $40.24M $73.85M
Total Assets $52.86M $52.10M $90.84M
YoY Change -28.9% -42.65% 225.24%
SHORT-TERM LIABILITIES
YoY Change
Accounts Payable $150.7K $245.3K $1.131M
YoY Change -69.55% -78.31% 59.02%
Accrued Expenses $6.533M $5.306M $4.300M
YoY Change 81.47% 23.39% 152.94%
Deferred Revenue
YoY Change
Short-Term Debt $0.00 $0.00 $0.00
YoY Change
Long-Term Debt Due $1.500M $1.300M
YoY Change
Total Short-Term Liabilities $8.345M $7.067M $5.528M
YoY Change 99.61% 27.84% 69.12%
LONG-TERM LIABILITIES
Long-Term Debt $500.0K $600.0K $600.0K
YoY Change -16.67% 0.0%
Other Long-Term Liabilities $1.400M $3.700M $200.0K
YoY Change -66.67% 1750.0% -51.41%
Total Long-Term Liabilities $1.900M $4.300M $800.0K
YoY Change -60.42% 437.5% 94.34%
TOTAL LIABILITIES
Total Short-Term Liabilities $8.345M $7.067M $5.528M
Total Long-Term Liabilities $1.900M $4.300M $800.0K
Total Liabilities $13.18M $15.78M $14.87M
YoY Change -23.73% 6.17% 303.93%
SHAREHOLDERS EQUITY
Retained Earnings -$92.35M -$90.00M -$38.95M
YoY Change 34.12% 131.07% -82.04%
Common Stock $173.00 $3.737K $1.542K
YoY Change -88.93% 142.35% -76.2%
Preferred Stock
YoY Change
Treasury Stock (at cost)
YoY Change
Treasury Stock Shares
Shareholders Equity $39.68M $35.81M $75.98M
YoY Change
Total Liabilities & Shareholders Equity $52.86M $52.10M $90.84M
YoY Change -28.9% -42.65% 225.24%

Cashflow Statement

Concept 2018 Q3 2018 Q2 2017 Q2
OPERATING ACTIVITIES
Net Income -$2.351M -$9.139M -$3.110M
YoY Change -92.14% 193.82% 92.35%
Depreciation, Depletion And Amortization $90.00K $70.00K $50.00K
YoY Change 200.0% 40.0% 23.66%
Cash From Operating Activities -$1.020M $350.0K -$7.810M
YoY Change -76.06% -104.48% -191.45%
INVESTING ACTIVITIES
Capital Expenditures -$170.0K -$170.0K -$50.00K
YoY Change 466.67% 240.0% 66.67%
Acquisitions
YoY Change
Other Investing Activities $10.00K $13.68M
YoY Change 0.0%
Cash From Investing Activities -$150.0K -$170.0K $13.63M
YoY Change 650.0% -101.25% -45533.33%
FINANCING ACTIVITIES
Cash Dividend Paid
YoY Change
Common Stock Issuance & Retirement, Net
YoY Change
Debt Paid & Issued, Net
YoY Change
Cash From Financing Activities 4.410M -3.460M -200.0K
YoY Change -66.05% 1630.0% -147.62%
NET CHANGE
Cash From Operating Activities -1.020M 350.0K -7.810M
Cash From Investing Activities -150.0K -170.0K 13.63M
Cash From Financing Activities 4.410M -3.460M -200.0K
Net Change In Cash 3.240M -3.280M 5.620M
YoY Change -62.8% -158.36% -37.07%
FREE CASH FLOW
Cash From Operating Activities -$1.020M $350.0K -$7.810M
Capital Expenditures -$170.0K -$170.0K -$50.00K
Free Cash Flow -$850.0K $520.0K -$7.760M
YoY Change -79.91% -106.7% -190.55%

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