$SVRA
Savara Inc

2015 Q1 Form 10-Q Financial Statement

#000156459015003918 Filed on May 11, 2015

View on sec.gov

Income Statement

Concept 2015 Q1 2014 Q1
Revenue $0.00
YoY Change
Cost Of Revenue
YoY Change
Gross Profit
YoY Change
Gross Profit Margin
Selling, General & Admin $3.578M $2.266M
YoY Change 57.9% 7.26%
% of Gross Profit
Research & Development $6.040M $4.281M
YoY Change 41.09% 24.34%
% of Gross Profit
Depreciation & Amortization $30.00K $11.45K
YoY Change 162.01% 16.9%
% of Gross Profit
Operating Expenses $9.650M $6.839M
YoY Change 41.1% 22.28%
Operating Profit -$9.650M -$6.839M
YoY Change 41.1% 22.28%
Interest Expense $0.00
YoY Change
% of Operating Profit
Other Income/Expense, Net $4.000K $453.0K
YoY Change -99.12% -19213.92%
Pretax Income -$9.620M -$6.370M
YoY Change 51.02% 14.16%
Income Tax $0.00
% Of Pretax Income
Net Earnings -$9.616M -$6.371M
YoY Change 50.93% 14.16%
Net Earnings / Revenue
Basic Earnings Per Share
Diluted Earnings Per Share -$4.219M -$4.247M
COMMON SHARES
Basic Shares Outstanding 159.5M 113.6M shares
Diluted Shares Outstanding

Balance Sheet

Concept 2015 Q1 2014 Q1
SHORT-TERM ASSETS
Cash & Short-Term Investments $49.90M $49.60M
YoY Change 0.6% 55.0%
Cash & Equivalents $27.93M $29.85M
Short-Term Investments $22.00M $19.80M
Other Short-Term Assets $700.0K $1.000M
YoY Change -30.0% 100.0%
Inventory
Prepaid Expenses
Receivables
Other Receivables
Total Short-Term Assets $50.60M $50.61M
YoY Change -0.02% 55.73%
LONG-TERM ASSETS
Property, Plant & Equipment $200.0K $106.5K
YoY Change 87.8% -46.75%
Goodwill $3.007M
YoY Change
Intangibles
YoY Change
Long-Term Investments
YoY Change
Other Assets $400.0K $83.54K
YoY Change 378.8% -98.73%
Total Long-Term Assets $12.10M $11.75M
YoY Change 3.01% 19.86%
TOTAL ASSETS
Total Short-Term Assets $50.60M $50.61M
Total Long-Term Assets $12.10M $11.75M
Total Assets $62.70M $62.36M
YoY Change 0.55% 47.42%
SHORT-TERM LIABILITIES
YoY Change
Accounts Payable $2.300M $1.450M
YoY Change 58.66% 141.61%
Accrued Expenses $6.900M $3.943M
YoY Change 75.0% 64.29%
Deferred Revenue
YoY Change
Short-Term Debt $0.00 $0.00
YoY Change
Long-Term Debt Due
YoY Change
Total Short-Term Liabilities $9.200M $6.165M
YoY Change 49.22% 92.67%
LONG-TERM LIABILITIES
Long-Term Debt $0.00 $0.00
YoY Change
Other Long-Term Liabilities
YoY Change
Total Long-Term Liabilities $0.00 $0.00
YoY Change
TOTAL LIABILITIES
Total Short-Term Liabilities $9.200M $6.165M
Total Long-Term Liabilities $0.00 $0.00
Total Liabilities $12.61M $9.569M
YoY Change 31.8% 64.98%
SHAREHOLDERS EQUITY
Retained Earnings -$244.7M
YoY Change
Common Stock $294.9M $265.6M
YoY Change 11.01%
Preferred Stock
YoY Change
Treasury Stock (at cost)
YoY Change
Treasury Stock Shares
Shareholders Equity $50.11M $52.79M
YoY Change
Total Liabilities & Shareholders Equity $62.72M $62.36M
YoY Change 0.58% 47.42%

Cashflow Statement

Concept 2015 Q1 2014 Q1
OPERATING ACTIVITIES
Net Income -$9.616M -$6.371M
YoY Change 50.93% 14.16%
Depreciation, Depletion And Amortization $30.00K $11.45K
YoY Change 162.01% 16.9%
Cash From Operating Activities -$7.350M -$6.272M
YoY Change 17.18% 39.75%
INVESTING ACTIVITIES
Capital Expenditures $70.00K $6.000K
YoY Change 1066.67% 26.98%
Acquisitions
YoY Change
Other Investing Activities -$450.0K $2.470M
YoY Change -118.22% -27.57%
Cash From Investing Activities -$520.0K $2.462M
YoY Change -121.12% -27.6%
FINANCING ACTIVITIES
Cash Dividend Paid
YoY Change
Common Stock Issuance & Retirement, Net $9.000K $8.294M
YoY Change -99.89%
Debt Paid & Issued, Net
YoY Change
Cash From Financing Activities -10.00K 7.978M
YoY Change -100.13%
NET CHANGE
Cash From Operating Activities -7.350M -6.272M
Cash From Investing Activities -520.0K 2.462M
Cash From Financing Activities -10.00K 7.978M
Net Change In Cash -7.880M 4.167M
YoY Change -289.1% -482.97%
FREE CASH FLOW
Cash From Operating Activities -$7.350M -$6.272M
Capital Expenditures $70.00K $6.000K
Free Cash Flow -$7.420M -$6.278M
YoY Change 18.18% 39.73%

Facts In Submission

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CY2015Q1 us-gaap Description Of New Accounting Pronouncements Not Yet Adopted
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<div> <p style="margin-bottom:0pt;margin-top:0pt;text-indent:0%;font-weight:bold;font-family:Times New Roman;font-size:10pt;font-style:normal;text-transform:none;font-variant: normal;">11. Recent Accounting Pronouncements </p> <p style="margin-top:6pt;margin-bottom:0pt;margin-left:4.54%;text-indent:0%;color:#;font-family:Times New Roman;font-size:10pt;font-weight:normal;font-style:normal;text-transform:none;font-variant: normal;">In August 2014, the FASB issued Accounting Standards Update (&#8220;ASU&#8221;) No. 2014-15, <font style="font-style:italic;">Presentation of Financial Statements - Going Concern (Subtopic 205-40): Disclosure of Uncertainties about an Entity&#8217;s Ability to Continue as a Going Concern</font> (&#8220;ASU 2014-15&#8221;). The amendments in ASU 2014-15 will require management to assess, at each annual and interim reporting period, the entity&#8217;s ability to continue as a going concern and, if management identifies conditions or events that raise substantial doubt about the entity&#8217;s ability to continue as a going concern within one year after the date that the financial statements are issued, to disclose in the notes to the entity&#8217;s financial statements the principal conditions or events that raised substantial doubt about the entity&#8217;s ability to continue as a going concern, management&#8217;s evaluation of their significance, and management&#8217;s plans that alleviated or are intended to alleviate substantial doubt about the entity&#8217;s ability to continue as a going concern. ASU 2014-15 is effective for annual periods ending after December 15, 2016 and early application is permitted.&nbsp;&nbsp;The amendments in ASU 2014-15 do not have any application to an entity&#8217;s financial statements, but only to the related notes.&nbsp;&nbsp;</p></div>
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Files In Submission

Name View Source Status
0001564590-15-003918-index-headers.html Edgar Link pending
0001564590-15-003918-index.html Edgar Link pending
0001564590-15-003918.txt Edgar Link pending
0001564590-15-003918-xbrl.zip Edgar Link pending
FilingSummary.xml Edgar Link unprocessable
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