2021 Q4 Form 10-K Financial Statement

#000106282222000005 Filed on March 10, 2022

View on sec.gov

Income Statement

Concept 2021 Q4 2021 2020 Q4
Revenue $14.00K $298.0K $200.0K
YoY Change -93.0% -98.76% -97.71%
Cost Of Revenue $0.00 $0.00 $0.00
YoY Change -100.0% -100.0%
Gross Profit $14.00K $298.0K $200.0K
YoY Change -93.0% -98.65% -97.5%
Gross Profit Margin 100.0% 100.0% 100.0%
Selling, General & Admin $8.846M $32.34M $6.400M
YoY Change 38.22% -31.48% -56.16%
% of Gross Profit 63185.71% 10853.02% 3200.0%
Research & Development $16.50M $55.05M $1.000M
YoY Change 1549.8% -64.17% -97.54%
% of Gross Profit 117842.86% 18471.81% 500.0%
Depreciation & Amortization $112.0K $292.0K $300.0K
YoY Change -62.67% -90.05% -70.0%
% of Gross Profit 800.0% 97.99% 150.0%
Operating Expenses $25.34M $87.39M $7.400M
YoY Change 242.49% -57.24% -86.57%
Operating Profit -$25.33M -$87.09M -$7.200M
YoY Change 251.81% 82.2% -84.75%
Interest Expense -$295.0K $802.0K -$200.0K
YoY Change 47.5% -94.49% -96.15%
% of Operating Profit
Other Income/Expense, Net $14.00K $134.0K $900.0K
YoY Change -98.44% -95.16% -30.77%
Pretax Income -$25.61M -$87.76M -$5.500M
YoY Change 365.65% 49.82% -89.24%
Income Tax $0.00 $0.00
% Of Pretax Income
Net Earnings -$25.61M -$87.76M -$5.500M
YoY Change 365.65% 49.82% -89.24%
Net Earnings / Revenue -182935.71% -29448.99% -2750.0%
Basic Earnings Per Share -$0.60
Diluted Earnings Per Share -$172.0K -$0.60 -$44.93K
COMMON SHARES
Basic Shares Outstanding 148.9M shares 145.7M shares 117.5M shares
Diluted Shares Outstanding 145.7M shares

Balance Sheet

Concept 2021 Q4 2021 2020 Q4
SHORT-TERM ASSETS
Cash & Short-Term Investments $86.74M $86.74M $152.3M
YoY Change -43.04% -43.04% -43.95%
Cash & Equivalents $64.07M $64.07M $126.3M
Short-Term Investments $22.68M $22.68M $26.00M
Other Short-Term Assets $2.164M $2.164M $5.049M
YoY Change -57.14% -56.72% -5.09%
Inventory $0.00
Prepaid Expenses
Receivables $14.00K $14.00K $395.0K
Other Receivables $0.00 $0.00 $0.00
Total Short-Term Assets $88.92M $88.92M $157.7M
YoY Change -43.62% -43.61% -53.3%
LONG-TERM ASSETS
Property, Plant & Equipment $1.176M $3.476M $295.0K
YoY Change 298.64% 131.73% -97.9%
Goodwill $44.54M $44.54M
YoY Change 0.0% 0.0%
Intangibles
YoY Change
Long-Term Investments
YoY Change
Other Assets $2.269M -$31.00K $1.231M
YoY Change 84.32% -25.62%
Total Long-Term Assets $47.99M $47.99M $46.07M
YoY Change 4.17% 4.1% -42.39%
TOTAL ASSETS
Total Short-Term Assets $88.92M $88.92M $157.7M
Total Long-Term Assets $47.99M $47.99M $46.07M
Total Assets $136.9M $136.9M $203.8M
YoY Change -32.82% -32.82% -51.21%
SHORT-TERM LIABILITIES
YoY Change
Accounts Payable $9.152M $9.152M $5.469M
YoY Change 67.34% -1407.43% -55.09%
Accrued Expenses $12.97M $10.47M $29.69M
YoY Change -56.31% -70.84% -29.56%
Deferred Revenue
YoY Change
Short-Term Debt $0.00 $0.00 $0.00
YoY Change
Long-Term Debt Due $0.00 $0.00 $11.65M
YoY Change -100.0% -100.0% 5.76%
Total Short-Term Liabilities $22.12M $22.12M $46.81M
YoY Change -52.73% -52.73% -28.37%
LONG-TERM LIABILITIES
Long-Term Debt $0.00 $0.00 $0.00
YoY Change -100.0%
Other Long-Term Liabilities $1.190M $1.190M $611.0K
YoY Change 94.76% 98.33% -44.56%
Total Long-Term Liabilities $1.190M $1.190M $611.0K
YoY Change 94.76% 98.33% -99.74%
TOTAL LIABILITIES
Total Short-Term Liabilities $22.12M $22.12M $46.81M
Total Long-Term Liabilities $1.190M $1.190M $611.0K
Total Liabilities $23.31M $23.31M $47.42M
YoY Change -50.83% -50.81% -84.23%
SHAREHOLDERS EQUITY
Retained Earnings -$1.488B -$1.400B
YoY Change 6.27% 4.37%
Common Stock $150.0K $142.0K
YoY Change 5.63% 33.96%
Preferred Stock
YoY Change
Treasury Stock (at cost) $7.518M $4.843M
YoY Change 55.23% 26.88%
Treasury Stock Shares 1.165M shares 793.0K shares
Shareholders Equity $113.6M $113.6M $156.4M
YoY Change
Total Liabilities & Shareholders Equity $136.9M $136.9M $203.8M
YoY Change -32.82% -32.82% -51.21%

Cashflow Statement

Concept 2021 Q4 2021 2020 Q4
OPERATING ACTIVITIES
Net Income -$25.61M -$87.76M -$5.500M
YoY Change 365.65% 49.82% -89.24%
Depreciation, Depletion And Amortization $112.0K $292.0K $300.0K
YoY Change -62.67% -90.05% -70.0%
Cash From Operating Activities -$22.83M -$87.02M -$34.30M
YoY Change -33.45% -39.14% 40.57%
INVESTING ACTIVITIES
Capital Expenditures -$23.00K $1.221M -$100.0K
YoY Change -77.0% 1303.45%
Acquisitions
YoY Change
Other Investing Activities $6.119M $3.331M $44.10M
YoY Change -86.12% -99.13% -140.31%
Cash From Investing Activities $6.096M $2.110M $44.10M
YoY Change -86.18% -99.45% -140.31%
FINANCING ACTIVITIES
Cash Dividend Paid
YoY Change
Common Stock Issuance & Retirement, Net -$34.41M
YoY Change -50.09%
Debt Paid & Issued, Net $11.70M
YoY Change -94.6%
Cash From Financing Activities -11.32M $22.71M 64.20M
YoY Change -117.63% -115.38% -21500.0%
NET CHANGE
Cash From Operating Activities -22.83M -$87.02M -34.30M
Cash From Investing Activities 6.096M $2.110M 44.10M
Cash From Financing Activities -11.32M $22.71M 64.20M
Net Change In Cash -28.05M -$62.20M 74.00M
YoY Change -137.91% -168.99% -155.18%
FREE CASH FLOW
Cash From Operating Activities -$22.83M -$87.02M -$34.30M
Capital Expenditures -$23.00K $1.221M -$100.0K
Free Cash Flow -$22.81M -$88.24M -$34.20M
YoY Change -33.32% -38.32% 40.16%

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CY2019 lxrx Gain On Sale Of Non Financial Assets
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P1Y2M12D
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1777000 USD
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