$INVA
Innoviva, Inc.

2011 Q4 Form 10-Q Financial Statement

#000110465911060095 Filed on November 02, 2011

View on sec.gov

Income Statement

Concept 2011 Q4 2011 Q3 2010 Q4
Revenue $5.400M $6.431M $6.900M
YoY Change -21.74% 21.29% 81.58%
Cost Of Revenue
YoY Change
Gross Profit
YoY Change
Gross Profit Margin
Selling, General & Admin $8.500M $7.800M $7.400M
YoY Change 14.86% 18.18% 15.63%
% of Gross Profit
Research & Development $32.50M $27.84M $17.50M
YoY Change 85.71% 50.17% -4.89%
% of Gross Profit
Depreciation & Amortization $2.100M $2.100M $1.600M
YoY Change 31.25% 31.25% 6.67%
% of Gross Profit
Operating Expenses $40.90M $35.63M $24.90M
YoY Change 64.26% 41.7% 0.4%
Operating Profit
YoY Change
Interest Expense -$1.400M $1.505M -$1.400M
YoY Change 0.0% -0.53% 0.0%
% of Operating Profit
Other Income/Expense, Net
YoY Change
Pretax Income -$37.00M -$30.60M -$19.30M
YoY Change 91.71% 44.34% -13.06%
Income Tax $0.00 $0.00 $0.00
% Of Pretax Income
Net Earnings -$37.00M -$30.60M -$19.30M
YoY Change 91.71% 44.34% -13.06%
Net Earnings / Revenue -685.19% -475.82% -279.71%
Basic Earnings Per Share -$0.37
Diluted Earnings Per Share -$446.3K -$0.37 -$253.3K
COMMON SHARES
Basic Shares Outstanding 85.13M shares 82.49M shares
Diluted Shares Outstanding 82.49M shares

Balance Sheet

Concept 2011 Q4 2011 Q3 2010 Q4
SHORT-TERM ASSETS
Cash & Short-Term Investments $240.9M $265.2M $309.6M
YoY Change -22.19% 37.77% 99.23%
Cash & Equivalents $44.78M $62.74M $163.3M
Short-Term Investments $196.1M $202.4M $146.3M
Other Short-Term Assets $3.500M $3.800M $6.000M
YoY Change -41.67% -11.63% -3.23%
Inventory $0.00
Prepaid Expenses
Receivables $200.0K $100.0K $200.0K
Other Receivables $100.0K $0.00 $500.0K
Total Short-Term Assets $244.8M $269.2M $316.4M
YoY Change -22.63% 36.29% 95.28%
LONG-TERM ASSETS
Property, Plant & Equipment $10.37M $10.20M $10.22M
YoY Change 1.54% -0.97% -20.81%
Goodwill
YoY Change
Intangibles
YoY Change
Long-Term Investments $0.00
YoY Change
Other Assets $2.514M $3.600M $3.340M
YoY Change -24.73% -18.18% -39.27%
Total Long-Term Assets $14.02M $14.16M $14.85M
YoY Change -5.58% -6.23% -23.46%
TOTAL ASSETS
Total Short-Term Assets $244.8M $269.2M $316.4M
Total Long-Term Assets $14.02M $14.16M $14.85M
Total Assets $258.8M $283.3M $331.2M
YoY Change -21.87% 33.27% 82.58%
SHORT-TERM LIABILITIES
YoY Change
Accounts Payable $5.813M $3.700M $2.128M
YoY Change 173.17% 105.56% 18.22%
Accrued Expenses $20.90M $15.10M $15.80M
YoY Change 32.28% 30.17% 19.7%
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 $45.50M $39.81M $40.05M
YoY Change 13.59% 9.38% 2.97%
LONG-TERM LIABILITIES
Long-Term Debt $172.5M $172.5M $172.6M
YoY Change -0.06% -0.06% -0.12%
Other Long-Term Liabilities $127.8M $130.2M $141.0M
YoY Change -9.36% -10.02% -11.15%
Total Long-Term Liabilities $300.3M $302.7M $313.6M
YoY Change -4.24% -4.6% -5.4%
TOTAL LIABILITIES
Total Short-Term Liabilities $45.50M $39.81M $40.05M
Total Long-Term Liabilities $300.3M $302.7M $313.6M
Total Liabilities $345.8M $342.5M $353.6M
YoY Change -2.21% -3.17% -4.54%
SHAREHOLDERS EQUITY
Retained Earnings -$1.316B -$1.201B
YoY Change 9.61%
Common Stock $1.229B $1.177B
YoY Change 4.38%
Preferred Stock
YoY Change
Treasury Stock (at cost)
YoY Change
Treasury Stock Shares
Shareholders Equity -$87.05M -$59.20M -$22.42M
YoY Change
Total Liabilities & Shareholders Equity $258.8M $283.3M $331.2M
YoY Change -21.87% 33.27% 82.58%

Cashflow Statement

Concept 2011 Q4 2011 Q3 2010 Q4
OPERATING ACTIVITIES
Net Income -$37.00M -$30.60M -$19.30M
YoY Change 91.71% 44.34% -13.06%
Depreciation, Depletion And Amortization $2.100M $2.100M $1.600M
YoY Change 31.25% 31.25% 6.67%
Cash From Operating Activities -$25.30M -$19.30M -$15.00M
YoY Change 68.67% 0.52% 525.0%
INVESTING ACTIVITIES
Capital Expenditures -$900.0K $100.0K -$600.0K
YoY Change 50.0% -150.0% 500.0%
Acquisitions
YoY Change
Other Investing Activities $5.400M -$9.900M -$17.50M
YoY Change -130.86% -187.61% -9.33%
Cash From Investing Activities $4.600M -$9.900M -$18.00M
YoY Change -125.56% -188.39% -7.69%
FINANCING ACTIVITIES
Cash Dividend Paid
YoY Change
Common Stock Issuance & Retirement, Net
YoY Change
Debt Paid & Issued, Net
YoY Change
Cash From Financing Activities 2.800M 1.400M 133.3M
YoY Change -97.9% 0.0% 3407.89%
NET CHANGE
Cash From Operating Activities -25.30M -19.30M -15.00M
Cash From Investing Activities 4.600M -9.900M -18.00M
Cash From Financing Activities 2.800M 1.400M 133.3M
Net Change In Cash -17.90M -27.80M 100.3M
YoY Change -117.85% 321.21% -654.14%
FREE CASH FLOW
Cash From Operating Activities -$25.30M -$19.30M -$15.00M
Capital Expenditures -$900.0K $100.0K -$600.0K
Free Cash Flow -$24.40M -$19.40M -$14.40M
YoY Change 69.44% 2.11% 526.09%

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