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Eledon Pharmaceuticals, Inc.

2017 Q1 Form 10-K Financial Statement

#000119312517069741 Filed on March 03, 2017

View on sec.gov

Income Statement

Concept 2017 Q1 2016 Q4 2016 Q3
Revenue $0.00 $0.00 $0.00
YoY Change
Cost Of Revenue
YoY Change
Gross Profit
YoY Change
Gross Profit Margin
Selling, General & Admin $910.0K $2.720M $3.150M
YoY Change -74.37% -18.56% -7.89%
% of Gross Profit
Research & Development $306.0K $1.040M $6.162M
YoY Change -96.14% -86.55% -27.43%
% of Gross Profit
Depreciation & Amortization $17.00K $20.00K $40.00K
YoY Change -67.92% -66.67% 33.33%
% of Gross Profit
Operating Expenses $1.385M $3.760M $9.308M
YoY Change -87.94% -66.03% -21.83%
Operating Profit -$1.385M -$3.760M -$9.308M
YoY Change -87.94% -66.04% -21.83%
Interest Expense $20.00K $40.00K
YoY Change -66.67% -20.0%
% of Operating Profit
Other Income/Expense, Net $11.00K
YoY Change
Pretax Income -$1.370M -$3.740M -$9.270M
YoY Change -88.01% -66.06% -21.77%
Income Tax $0.00
% Of Pretax Income
Net Earnings -$1.374M -$3.737M -$9.270M
YoY Change -87.97% -66.08% -21.79%
Net Earnings / Revenue
Basic Earnings Per Share
Diluted Earnings Per Share -$7.611M -$26.71M -$66.21M
COMMON SHARES
Basic Shares Outstanding 22.64M shares 22.64M shares 22.63M shares
Diluted Shares Outstanding

Balance Sheet

Concept 2017 Q1 2016 Q4 2016 Q3
SHORT-TERM ASSETS
Cash & Short-Term Investments $24.40M $27.40M $34.70M
YoY Change -55.06% -57.19% -52.53%
Cash & Equivalents $24.40M $1.103M $18.63M
Short-Term Investments $0.00 $4.200M $16.10M
Other Short-Term Assets $1.200M $33.00K $1.600M
YoY Change -55.56% -98.97% -57.89%
Inventory
Prepaid Expenses
Receivables
Other Receivables
Total Short-Term Assets $25.63M $1.150M $36.33M
YoY Change -55.02% -98.29% -52.73%
LONG-TERM ASSETS
Property, Plant & Equipment $80.00K $31.00K $117.0K
YoY Change -82.34% -93.66% -72.6%
Goodwill
YoY Change
Intangibles
YoY Change
Long-Term Investments
YoY Change
Other Assets $100.0K $15.00K $300.0K
YoY Change -66.67% -66.67% 566.67%
Total Long-Term Assets $200.0K $46.00K $387.0K
YoY Change -72.34% -94.28% -47.84%
TOTAL ASSETS
Total Short-Term Assets $25.63M $1.150M $36.33M
Total Long-Term Assets $200.0K $46.00K $387.0K
Total Assets $25.83M $1.196M $36.72M
YoY Change -55.24% -98.24% -52.68%
SHORT-TERM LIABILITIES
YoY Change
Accounts Payable $276.0K $338.0K $886.0K
YoY Change -85.37% -72.02% -46.37%
Accrued Expenses $2.143M $113.0K $5.458M
YoY Change -50.06% -97.72% 36.28%
Deferred Revenue
YoY Change
Short-Term Debt $0.00 $0.00 $0.00
YoY Change
Long-Term Debt Due
YoY Change
Total Short-Term Liabilities $2.419M $3.898M $6.344M
YoY Change -60.84% -36.74% 12.14%
LONG-TERM LIABILITIES
Long-Term Debt $0.00 $100.0K $100.0K
YoY Change -100.0% 0.0% 0.0%
Other Long-Term Liabilities
YoY Change
Total Long-Term Liabilities $48.00K $84.00K $120.0K
YoY Change -61.9% -4.55% 135.29%
TOTAL LIABILITIES
Total Short-Term Liabilities $2.419M $3.898M $6.344M
Total Long-Term Liabilities $48.00K $84.00K $120.0K
Total Liabilities $2.467M $3.898M $6.464M
YoY Change -60.86% -37.63% 13.24%
SHAREHOLDERS EQUITY
Retained Earnings -$173.3M -$14.39M -$165.7M
YoY Change 21.28% -89.05% 37.57%
Common Stock $196.6M $11.39M $195.9M
YoY Change 1.21% -94.11% 1.87%
Preferred Stock $291.0K
YoY Change
Treasury Stock (at cost)
YoY Change
Treasury Stock Shares
Shareholders Equity $23.36M -$2.702M $30.26M
YoY Change
Total Liabilities & Shareholders Equity $25.83M $1.196M $36.72M
YoY Change -55.24% -98.24% -52.68%

Cashflow Statement

Concept 2017 Q1 2016 Q4 2016 Q3
OPERATING ACTIVITIES
Net Income -$1.374M -$3.737M -$9.270M
YoY Change -87.97% -66.08% -21.79%
Depreciation, Depletion And Amortization $17.00K $20.00K $40.00K
YoY Change -67.92% -66.67% 33.33%
Cash From Operating Activities -$3.150M -$7.310M -$9.170M
YoY Change -67.66% -17.68% -10.54%
INVESTING ACTIVITIES
Capital Expenditures $0.00 $0.00 $0.00
YoY Change -100.0% -100.0% -100.0%
Acquisitions
YoY Change
Other Investing Activities $4.330M $11.90M $15.65M
YoY Change -12000.0% -199.68%
Cash From Investing Activities $4.330M $11.90M $15.65M
YoY Change -21750.0% -3818.75% -198.74%
FINANCING ACTIVITIES
Cash Dividend Paid
YoY Change
Common Stock Issuance & Retirement, Net
YoY Change
Debt Paid & Issued, Net
YoY Change
Cash From Financing Activities 0.000 0.000 0.000
YoY Change -100.0% -100.0% -100.0%
NET CHANGE
Cash From Operating Activities -3.150M -7.310M -9.170M
Cash From Investing Activities 4.330M 11.90M 15.65M
Cash From Financing Activities 0.000 0.000 0.000
Net Change In Cash -482.0K 4.590M 6.480M
YoY Change -95.04% -150.11% -125.01%
FREE CASH FLOW
Cash From Operating Activities -$3.150M -$7.310M -$9.170M
Capital Expenditures $0.00 $0.00 $0.00
Free Cash Flow -$3.150M -$7.310M -$9.170M
YoY Change -67.72% -15.59% -9.12%

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TOKAI PHARMACEUTICALS INC
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<div> <p style="MARGIN-BOTTOM: 0pt; FONT-SIZE: 10pt; FONT-FAMILY: Times New Roman; MARGIN-LEFT: 4%; MARGIN-TOP: 18pt"> <b><i>Concentration of Risk</i></b></p> <p style="MARGIN-BOTTOM: 0pt; FONT-SIZE: 10pt; FONT-FAMILY: Times New Roman; MARGIN-TOP: 6pt; TEXT-INDENT: 4%"> Financial instruments that potentially expose the Company to concentrations of credit risk consist primarily of cash and cash equivalents and marketable securities. The Company has all cash and cash equivalents and marketable securities&#x2019; balances at two accredited financial institutions, in amounts that exceed federally insured limits. The Company does not believe that it is subject to unusual credit risk beyond the normal credit risk associated with commercial banking relationships.</p> <p style="MARGIN-BOTTOM: 0pt; FONT-SIZE: 10pt; FONT-FAMILY: Times New Roman; MARGIN-TOP: 12pt; TEXT-INDENT: 4%"> The Company is dependent on third-party manufacturers to supply products for research and development activities in its programs. In particular, the Company relies and expects to continue to rely on a small number of manufacturers to supply it with its requirements for the active pharmaceutical ingredients and formulated drugs related to these programs. These programs could be adversely affected by a significant interruption in the supply of active pharmaceutical ingredients and formulated drugs.</p> </div>
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0
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1042000
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8.90
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1.18
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CY2016 dei Trading Symbol
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TKAI
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25024000
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P6Y1M6D
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