$OTLC
Oncotelic Therapeutics, Inc.

2017 Q4 Form 10-Q Financial Statement

#000119312517341829 Filed on November 14, 2017

View on sec.gov

Income Statement

Concept 2017 Q4 2017 Q3 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 $660.0K $710.0K $1.190M
YoY Change -42.11% -40.34% 4.39%
% of Gross Profit
Research & Development $1.770M $2.832M $2.075M
YoY Change -24.36% 36.48% -15.55%
% of Gross Profit
Depreciation & Amortization $0.00 $0.00 $10.00K
YoY Change -100.0% 0.0%
% of Gross Profit
Operating Expenses $2.440M $3.540M $3.262M
YoY Change -29.89% 8.52% -9.36%
Operating Profit -$3.540M -$3.262M
YoY Change 8.52% -9.36%
Interest Expense $0.00 $10.00K $30.00K
YoY Change -100.0% -66.67% 200.0%
% of Operating Profit
Other Income/Expense, Net $0.00 -$3.000K $0.00
YoY Change
Pretax Income -$2.430M -$3.540M -$3.240M
YoY Change -29.57% 9.26% -9.75%
Income Tax
% Of Pretax Income
Net Earnings -$2.430M -$3.536M -$3.236M
YoY Change -29.57% 9.27% -9.91%
Net Earnings / Revenue
Basic Earnings Per Share
Diluted Earnings Per Share -$0.09 -$0.13 -$0.12
COMMON SHARES
Basic Shares Outstanding 26.54M shares 26.54M shares 26.54M shares
Diluted Shares Outstanding

Balance Sheet

Concept 2017 Q4 2017 Q3 2016 Q3
SHORT-TERM ASSETS
Cash & Short-Term Investments $1.120M $1.910M $16.28M
YoY Change -90.71% -88.27% -46.18%
Cash & Equivalents $1.115M $1.908M $5.167M
Short-Term Investments $0.00 $0.00 $11.11M
Other Short-Term Assets $20.00K $1.030M $930.0K
YoY Change -99.01% 10.75% 121.43%
Inventory
Prepaid Expenses $772.0K
Receivables
Other Receivables
Total Short-Term Assets $1.137M $2.938M $17.21M
YoY Change -91.92% -82.93% -43.87%
LONG-TERM ASSETS
Property, Plant & Equipment $2.000K $4.000K $14.00K
YoY Change -81.82% -71.43% -61.11%
Goodwill
YoY Change
Intangibles
YoY Change
Long-Term Investments
YoY Change
Other Assets $33.00K $33.00K $33.00K
YoY Change 0.0% 0.0% 0.0%
Total Long-Term Assets $35.00K $37.00K $47.00K
YoY Change -20.45% -21.28% -31.88%
TOTAL ASSETS
Total Short-Term Assets $1.137M $2.938M $17.21M
Total Long-Term Assets $35.00K $37.00K $47.00K
Total Assets $1.172M $2.975M $17.26M
YoY Change -91.7% -82.76% -43.84%
SHORT-TERM LIABILITIES
YoY Change
Accounts Payable $788.0K $312.0K $532.0K
YoY Change 154.19% -41.35% 67.82%
Accrued Expenses $860.0K $900.0K $950.0K
YoY Change -33.85% -5.26% -31.16%
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 $1.649M $1.211M $1.485M
YoY Change 2.17% -18.45% -12.54%
LONG-TERM LIABILITIES
Long-Term Debt $0.00 $0.00 $0.00
YoY Change
Other Long-Term Liabilities
YoY Change
Total Long-Term Liabilities $0.00 $0.00 $0.00
YoY Change
TOTAL LIABILITIES
Total Short-Term Liabilities $1.649M $1.211M $1.485M
Total Long-Term Liabilities $0.00 $0.00 $0.00
Total Liabilities $1.650M $1.210M $1.490M
YoY Change 2.48% -18.79% -12.35%
SHAREHOLDERS EQUITY
Retained Earnings -$292.3M -$289.8M -$275.0M
YoY Change 4.96% 5.39% 5.43%
Common Stock $291.8M $291.6M $290.8M
YoY Change 0.29% 0.28% 0.31%
Preferred Stock
YoY Change
Treasury Stock (at cost)
YoY Change
Treasury Stock Shares
Shareholders Equity -$477.0K $1.764M $15.78M
YoY Change
Total Liabilities & Shareholders Equity $1.172M $2.975M $17.26M
YoY Change -91.7% -82.76% -43.84%

Cashflow Statement

Concept 2017 Q4 2017 Q3 2016 Q3
OPERATING ACTIVITIES
Net Income -$2.430M -$3.536M -$3.236M
YoY Change -29.57% 9.27% -9.91%
Depreciation, Depletion And Amortization $0.00 $0.00 $10.00K
YoY Change -100.0% 0.0%
Cash From Operating Activities -$790.0K -$3.100M -$3.070M
YoY Change -81.32% 0.98% 8.1%
INVESTING ACTIVITIES
Capital Expenditures
YoY Change
Acquisitions
YoY Change
Other Investing Activities $0.00 $0.00 $290.0K
YoY Change -100.0% -100.0%
Cash From Investing Activities $0.00 $0.00 $290.0K
YoY Change -100.0% -100.0% 2800.0%
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
YoY Change
NET CHANGE
Cash From Operating Activities -790.0K -3.100M -3.070M
Cash From Investing Activities 0.000 0.000 290.0K
Cash From Financing Activities 0.000
Net Change In Cash -790.0K -3.100M -2.780M
YoY Change -51.53% 11.51% -1.77%
FREE CASH FLOW
Cash From Operating Activities -$790.0K -$3.100M -$3.070M
Capital Expenditures
Free Cash Flow
YoY Change

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MATEON THERAPEUTICS INC
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Mateon’s existing cash to support operations into February 2018. Prior to this time, the Company will need to secure additional funding or it would be forced to terminate or further curtail operations. Because the Company does not currently have a guaranteed source of capital that will sustain operations past February 2018, Management has determined that there is substantial doubt about the Company’s ability to continue as a going concern.
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2075000
CY2016Q3 us-gaap Weighted Average Number Of Share Outstanding Basic And Diluted
WeightedAverageNumberOfShareOutstandingBasicAndDiluted
26545000 shares
CY2017Q3 us-gaap Earnings Per Share Basic And Diluted
EarningsPerShareBasicAndDiluted
-0.13
CY2017Q3 us-gaap General And Administrative Expense
GeneralAndAdministrativeExpense
708000
CY2017Q3 us-gaap Investment Income Interest
InvestmentIncomeInterest
7000
CY2017Q3 us-gaap Operating Expenses
OperatingExpenses
3540000
CY2017Q3 us-gaap Net Income Loss
NetIncomeLoss
-3536000
CY2017Q3 us-gaap Operating Income Loss
OperatingIncomeLoss
-3540000
CY2017Q3 us-gaap Other Nonoperating Income Expense
OtherNonoperatingIncomeExpense
-3000
CY2017Q3 us-gaap Research And Development Expense
ResearchAndDevelopmentExpense
2832000
CY2017Q3 us-gaap Weighted Average Number Of Share Outstanding Basic And Diluted
WeightedAverageNumberOfShareOutstandingBasicAndDiluted
26545000 shares

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