$SRRK
Scholar Rock Holding Corp

2021 Q4 Form 10-K Financial Statement

#000155837022002928 Filed on March 07, 2022

View on sec.gov

Income Statement

Concept 2021 Q4 2021 2020 Q4
Revenue $4.049M $18.82M $3.440M
YoY Change 17.7% 22.16% -54.56%
Cost Of Revenue
YoY Change
Gross Profit
YoY Change
Gross Profit Margin
Selling, General & Admin $10.36M $40.27M $7.760M
YoY Change 33.53% 42.7% 32.42%
% of Gross Profit
Research & Development $29.05M $108.5M $21.78M
YoY Change 33.38% 46.46% 488.65%
% of Gross Profit
Depreciation & Amortization $727.0K $2.627M $320.0K
YoY Change 127.19% 76.31% -15.79%
% of Gross Profit
Operating Expenses $39.41M $148.7M $29.54M
YoY Change 33.42% 45.42% 698.38%
Operating Profit -$129.9M
YoY Change 49.54%
Interest Expense
YoY Change
% of Operating Profit
Other Income/Expense, Net -$550.0K -$1.878M -$470.0K
YoY Change 17.02% -575.44% -161.04%
Pretax Income -$35.91M -$131.8M -$26.57M
YoY Change 35.17% 52.4% 129.65%
Income Tax
% Of Pretax Income
Net Earnings -$35.91M -$131.8M -$26.57M
YoY Change 35.17% 52.4% 129.65%
Net Earnings / Revenue -886.98% -700.46% -772.38%
Basic Earnings Per Share -$3.59
Diluted Earnings Per Share -$965.5K -$3.59 -$782.9K
COMMON SHARES
Basic Shares Outstanding 35.11M 36.71M 33.64M
Diluted Shares Outstanding 36.71M

Balance Sheet

Concept 2021 Q4 2021 2020 Q4
SHORT-TERM ASSETS
Cash & Short-Term Investments $253.0M $253.0M $341.0M
YoY Change -25.81% -25.81% 116.65%
Cash & Equivalents $212.8M $212.8M $160.4M
Short-Term Investments $40.16M $40.16M $180.7M
Other Short-Term Assets $12.33M $12.33M $3.400M
YoY Change 262.5% 262.5% 25.93%
Inventory
Prepaid Expenses
Receivables $0.00
Other Receivables $0.00
Total Short-Term Assets $265.3M $265.3M $344.4M
YoY Change -22.96% -22.96% 86.0%
LONG-TERM ASSETS
Property, Plant & Equipment $9.564M $35.01M $8.121M
YoY Change 17.77% -13.35% 94.7%
Goodwill
YoY Change
Intangibles
YoY Change
Long-Term Investments
YoY Change
Other Assets $1.622M $4.120M $1.021M
YoY Change 58.86% 17.71% 941.84%
Total Long-Term Assets $39.13M $39.13M $43.90M
YoY Change -10.88% -10.87% 291.48%
TOTAL ASSETS
Total Short-Term Assets $265.3M $265.3M $344.4M
Total Long-Term Assets $39.13M $39.13M $43.90M
Total Assets $304.4M $304.4M $388.3M
YoY Change -21.6% -21.6% 97.73%
SHORT-TERM LIABILITIES
YoY Change
Accounts Payable $4.434M $4.434M $3.409M
YoY Change 30.07% 30.41% 201.68%
Accrued Expenses $17.46M $24.86M $14.96M
YoY Change 16.7% 22.48% 55.65%
Deferred Revenue $33.19M $18.82M
YoY Change 76.41% -10.07%
Short-Term Debt $1.577M $1.577M $0.00
YoY Change
Long-Term Debt Due
YoY Change
Total Short-Term Liabilities $64.30M $64.30M $42.56M
YoY Change 51.06% 50.93% 29.71%
LONG-TERM LIABILITIES
Long-Term Debt $48.42M $48.42M $24.68M
YoY Change 96.2% 96.04%
Other Long-Term Liabilities $19.65M $19.65M $5.000K
YoY Change 392940.0% -67.41% -44.44%
Total Long-Term Liabilities $48.42M $68.07M $24.69M
YoY Change 96.16% -19.91% 274177.78%
TOTAL LIABILITIES
Total Short-Term Liabilities $64.30M $64.30M $42.56M
Total Long-Term Liabilities $48.42M $68.07M $24.69M
Total Liabilities $132.4M $132.4M $127.5M
YoY Change 3.79% 3.82% 52.77%
SHAREHOLDERS EQUITY
Retained Earnings -$376.1M -$244.3M
YoY Change 53.94% 54.79%
Common Stock $35.00K $34.00K
YoY Change 2.94% 13.33%
Preferred Stock
YoY Change
Treasury Stock (at cost)
YoY Change
Treasury Stock Shares
Shareholders Equity $172.1M $172.1M $260.8M
YoY Change
Total Liabilities & Shareholders Equity $304.4M $304.4M $388.3M
YoY Change -21.6% -21.6% 97.73%

Cashflow Statement

Concept 2021 Q4 2021 2020 Q4
OPERATING ACTIVITIES
Net Income -$35.91M -$131.8M -$26.57M
YoY Change 35.17% 52.4% 129.65%
Depreciation, Depletion And Amortization $727.0K $2.627M $320.0K
YoY Change 127.19% 76.31% -15.79%
Cash From Operating Activities -$32.46M -$126.8M -$19.68M
YoY Change 64.91% 110.36% 22.46%
INVESTING ACTIVITIES
Capital Expenditures -$542.0K $5.248M -$1.980M
YoY Change -72.63% 28.38% 34.69%
Acquisitions
YoY Change
Other Investing Activities $30.00M $139.6M -$120.7M
YoY Change -124.86% -334.91% -632.05%
Cash From Investing Activities $29.46M $134.3M -$122.6M
YoY Change -124.02% -311.53% -678.22%
FINANCING ACTIVITIES
Cash Dividend Paid
YoY Change
Common Stock Issuance & Retirement, Net $13.10M $215.9M
YoY Change -93.94%
Debt Paid & Issued, Net
YoY Change
Cash From Financing Activities 39.70M 44.95M 246.5M
YoY Change -83.89% -81.86% 30327.16%
NET CHANGE
Cash From Operating Activities -32.46M -126.8M -19.68M
Cash From Investing Activities 29.46M 134.3M -122.6M
Cash From Financing Activities 39.70M 44.95M 246.5M
Net Change In Cash 36.70M 52.48M 104.1M
YoY Change -64.76% -57.7% 1650.25%
FREE CASH FLOW
Cash From Operating Activities -$32.46M -$126.8M -$19.68M
Capital Expenditures -$542.0K $5.248M -$1.980M
Free Cash Flow -$31.91M -$132.0M -$17.70M
YoY Change 80.3% 105.16% 21.23%

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