2019 Q4 Form 10-Q Financial Statement
#000119312519287359 Filed on November 07, 2019
Income Statement
Concept | 2019 Q4 | 2019 Q3 | 2018 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 | $294.6K | $318.5K | $400.1K |
YoY Change | -56.3% | -20.4% | 60.03% |
% of Gross Profit | |||
Research & Development | $343.3K | $364.4K | $775.4K |
YoY Change | -47.62% | -53.0% | 78.86% |
% of Gross Profit | |||
Depreciation & Amortization | |||
YoY Change | |||
% of Gross Profit | |||
Operating Expenses | $637.9K | $682.9K | $1.176M |
YoY Change | -52.02% | -41.91% | 72.58% |
Operating Profit | -$682.9K | -$1.176M | |
YoY Change | -41.91% | 72.58% | |
Interest Expense | $2.050K | $4.370K | $4.000K |
YoY Change | -38.25% | 9.25% | |
% of Operating Profit | |||
Other Income/Expense, Net | |||
YoY Change | |||
Pretax Income | -$635.8K | -$678.6K | -$1.172M |
YoY Change | -52.06% | -42.08% | 72.28% |
Income Tax | |||
% Of Pretax Income | |||
Net Earnings | -$635.8K | -$678.5K | -$1.172M |
YoY Change | -52.06% | -42.08% | 72.52% |
Net Earnings / Revenue | |||
Basic Earnings Per Share | |||
Diluted Earnings Per Share | -$1.716K | -$1.832K | -$3.167K |
COMMON SHARES | |||
Basic Shares Outstanding | 370.4M | 370.4M | 370.0M shares |
Diluted Shares Outstanding |
Balance Sheet
Concept | 2019 Q4 | 2019 Q3 | 2018 Q3 |
---|---|---|---|
SHORT-TERM ASSETS | |||
Cash & Short-Term Investments | $803.8K | $1.372M | $1.441M |
YoY Change | -27.5% | -4.76% | 61.89% |
Cash & Equivalents | $803.8K | $1.372M | $1.441M |
Short-Term Investments | |||
Other Short-Term Assets | $42.45K | $50.66K | $51.44K |
YoY Change | 2.78% | -1.52% | -82.85% |
Inventory | |||
Prepaid Expenses | $42.45K | $50.66K | $51.44K |
Receivables | |||
Other Receivables | |||
Total Short-Term Assets | $846.3K | $1.423M | $1.742M |
YoY Change | -26.41% | -18.33% | 46.49% |
LONG-TERM ASSETS | |||
Property, Plant & Equipment | |||
YoY Change | |||
Goodwill | |||
YoY Change | |||
Intangibles | |||
YoY Change | |||
Long-Term Investments | |||
YoY Change | |||
Other Assets | $53.70K | $61.02K | $90.32K |
YoY Change | -35.29% | -32.43% | -24.49% |
Total Long-Term Assets | $53.70K | $61.02K | $90.32K |
YoY Change | -35.29% | -32.43% | -24.49% |
TOTAL ASSETS | |||
Total Short-Term Assets | $846.3K | $1.423M | $1.742M |
Total Long-Term Assets | $53.70K | $61.02K | $90.32K |
Total Assets | $900.0K | $1.484M | $1.833M |
YoY Change | -27.01% | -19.03% | 40.01% |
SHORT-TERM LIABILITIES | |||
YoY Change | |||
Accounts Payable | $315.9K | $286.0K | $328.0K |
YoY Change | -17.9% | -12.81% | 50.0% |
Accrued Expenses | |||
YoY Change | |||
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 | $431.1K | $358.9K | $549.1K |
YoY Change | -38.47% | -34.63% | 117.71% |
LONG-TERM LIABILITIES | |||
Long-Term Debt | $0.00 | $0.00 | $0.00 |
YoY Change | |||
Other Long-Term Liabilities | $3.000M | $3.000M | $0.00 |
YoY Change | 500.0% | ||
Total Long-Term Liabilities | $3.000M | $3.000M | $0.00 |
YoY Change | 500.0% | ||
TOTAL LIABILITIES | |||
Total Short-Term Liabilities | $431.1K | $358.9K | $549.1K |
Total Long-Term Liabilities | $3.000M | $3.000M | $0.00 |
Total Liabilities | $3.431M | $3.359M | $549.1K |
YoY Change | 185.77% | 511.74% | 117.71% |
SHAREHOLDERS EQUITY | |||
Retained Earnings | -$55.91M | -$55.23M | -$51.60M |
YoY Change | 5.54% | 7.02% | 8.94% |
Common Stock | $49.42M | $49.39M | $48.93M |
YoY Change | 0.75% | 0.95% | 1.03% |
Preferred Stock | |||
YoY Change | |||
Treasury Stock (at cost) | |||
YoY Change | |||
Treasury Stock Shares | |||
Shareholders Equity | -$2.531M | -$1.875M | -$2.677M |
YoY Change | |||
Total Liabilities & Shareholders Equity | $900.0K | $1.484M | $1.833M |
YoY Change | -27.01% | -19.03% | 40.01% |
Cashflow Statement
Concept | 2019 Q4 | 2019 Q3 | 2018 Q3 |
---|---|---|---|
OPERATING ACTIVITIES | |||
Net Income | -$635.8K | -$678.5K | -$1.172M |
YoY Change | -52.06% | -42.08% | 72.52% |
Depreciation, Depletion And Amortization | |||
YoY Change | |||
Cash From Operating Activities | -$568.4K | -$553.8K | -$956.2K |
YoY Change | -31.7% | -42.08% | 25.81% |
INVESTING ACTIVITIES | |||
Capital Expenditures | |||
YoY Change | |||
Acquisitions | |||
YoY Change | |||
Other Investing Activities | |||
YoY Change | |||
Cash From Investing Activities | |||
YoY Change | |||
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 | -99.18K | 1.603M |
YoY Change | -100.0% | -106.19% | |
NET CHANGE | |||
Cash From Operating Activities | -568.4K | -553.8K | -956.2K |
Cash From Investing Activities | |||
Cash From Financing Activities | 0.000 | -99.18K | 1.603M |
Net Change In Cash | -568.4K | -653.0K | 646.7K |
YoY Change | 71.13% | -200.97% | -185.09% |
FREE CASH FLOW | |||
Cash From Operating Activities | -$568.4K | -$553.8K | -$956.2K |
Capital Expenditures | |||
Free Cash Flow | |||
YoY Change |
Facts In Submission
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DescriptionOfRoyaltyPayment
|
With respect to each Advance made by Mayne Pharma prior to the receipt of FDA approval of an NDA for SUBA-Itraconazole BCCNS, each $0.75 increment of each such Advance will be credited and set off against each $1.00 increment of Royalty owed to the Company, and with respect to each Advance made by Mayne Pharma following the receipt of FDA approval of an NDA for SUBA-Itraconazole BCCNS, each $0.85 increment of each such Advance will be credited and set off against each $1.00 increment of Royalty owed to the Company. | ||
dei |
Document Type
DocumentType
|
10-Q | ||
dei |
Entity Interactive Data Current
EntityInteractiveDataCurrent
|
Yes | ||
dei |
Amendment Flag
AmendmentFlag
|
false | ||
dei |
Document Period End Date
DocumentPeriodEndDate
|
2019-09-30 | ||
dei |
Document Fiscal Year Focus
DocumentFiscalYearFocus
|
2019 | ||
dei |
Document Fiscal Period Focus
DocumentFiscalPeriodFocus
|
Q3 | ||
dei |
Entity Central Index Key
EntityCentralIndexKey
|
0001042418 | ||
dei |
Current Fiscal Year End Date
CurrentFiscalYearEndDate
|
--12-31 | ||
dei |
Entity Current Reporting Status
EntityCurrentReportingStatus
|
Yes | ||
dei |
Entity Shell Company
EntityShellCompany
|
false | ||
dei |
Entity Filer Category
EntityFilerCategory
|
Non-accelerated Filer | ||
dei |
Entity Small Business
EntitySmallBusiness
|
true | ||
dei |
Entity Emerging Growth Company
EntityEmergingGrowthCompany
|
false | ||
CY2019Q4 | dei |
Entity Common Stock Shares Outstanding
EntityCommonStockSharesOutstanding
|
370446185 | |
dei |
Entity Address State Or Province
EntityAddressStateOrProvince
|
FL | ||
dei |
Entity Registrant Name
EntityRegistrantName
|
Inhibitor Therapeutics, Inc. | ||
hppi |
Fair Value Inputs Royalty Rate
FairValueInputsRoyaltyRate
|
0.70 | ||
us-gaap |
Use Of Estimates
UseOfEstimates
|
<div style="font-family: times new roman; font-size: 10pt; margin-top: 6pt; margin-bottom: 0pt; margin-left: 4%;"><div style="letter-spacing: 0px; top: 0px;;display:inline;"><div style="font-style:italic;display:inline;;font-style:italic;display:inline;">Estimates </div></div></div><div style="font-family: times new roman; font-size: 10pt; margin-top: 6pt; margin-bottom: 0pt; margin-left: 4%;"><div style="letter-spacing: 0px; top: 0px;;display:inline;">The preparation of condensed financial statements requires management to make estimates and assumptions that affect the reported amounts of assets and liabilities and disclosure of contingent assets and liabilities at the date of the financial statements and the reported amounts of revenues and expenses during the period. Actual results could differ from those estimates. </div></div><table border="0" style="width:100%; table-layout:fixed;" cellspacing="0" cellpadding="0"><tr><td></td></tr></table> |