2013 Q4 Form 10-K Financial Statement

#000119312514086649 Filed on March 06, 2014

View on sec.gov

Income Statement

Concept 2013 Q4 2013 2012 Q4
Revenue $1.989M $7.956M $1.989M
YoY Change 0.0% 111.93%
Cost Of Revenue
YoY Change
Gross Profit
YoY Change
Gross Profit Margin
Selling, General & Admin $2.700M $10.84M $2.470M
YoY Change 9.31% 18.08% 14.35%
% of Gross Profit
Research & Development $6.880M $28.89M $7.590M
YoY Change -9.35% -1.01% 19.91%
% of Gross Profit
Depreciation & Amortization $0.00 $20.00K $10.00K
YoY Change -100.0% -35.48% 0.0%
% of Gross Profit
Operating Expenses $9.580M $39.73M $10.06M
YoY Change -4.77% 3.57% 18.49%
Operating Profit -$31.77M
YoY Change -8.19%
Interest Expense -$620.0K $2.917M -$840.0K
YoY Change -26.19% 57.25% 223.08%
% of Operating Profit
Other Income/Expense, Net $1.040M $92.00K $4.860M
YoY Change -78.6% -101.23%
Pretax Income -$7.180M -$34.60M -$4.050M
YoY Change 77.28% -21.28% -53.66%
Income Tax $0.00 $0.00
% Of Pretax Income
Net Earnings -$7.180M -$34.60M -$4.050M
YoY Change 77.28% -21.28% -53.66%
Net Earnings / Revenue -360.99% -434.87% -203.62%
Basic Earnings Per Share -$0.13 -$0.66 -$0.08
Diluted Earnings Per Share -$0.15 -$0.66 -$0.20
COMMON SHARES
Basic Shares Outstanding 54.06M shares 52.25M 51.41M shares
Diluted Shares Outstanding 55.57M shares 52.25M 52.85M shares

Balance Sheet

Concept 2013 Q4 2013 2012 Q4
SHORT-TERM ASSETS
Cash & Short-Term Investments $39.30M $39.29M $71.20M
YoY Change -44.8% -44.84% 61.45%
Cash & Equivalents $15.12M $15.12M $14.94M
Short-Term Investments $24.20M $24.17M $56.30M
Other Short-Term Assets $1.200M $1.200M $1.700M
YoY Change -29.41% -29.82% 6.25%
Inventory
Prepaid Expenses
Receivables
Other Receivables
Total Short-Term Assets $40.49M $40.49M $72.93M
YoY Change -44.48% -44.48% 59.71%
LONG-TERM ASSETS
Property, Plant & Equipment $23.00K $20.00K $43.00K
YoY Change -46.51% -50.0% -41.89%
Goodwill
YoY Change
Intangibles
YoY Change
Long-Term Investments
YoY Change
Other Assets $10.00K $10.00K $42.00K
YoY Change -76.19% -75.0% -67.69%
Total Long-Term Assets $33.00K $40.00K $85.00K
YoY Change -61.18% -55.56% -58.33%
TOTAL ASSETS
Total Short-Term Assets $40.49M $40.49M $72.93M
Total Long-Term Assets $33.00K $40.00K $85.00K
Total Assets $40.53M $40.53M $73.02M
YoY Change -44.5% -44.49% 59.19%
SHORT-TERM LIABILITIES
YoY Change
Accounts Payable $953.0K $950.0K $78.00K
YoY Change 1121.79% 1087.5% -88.15%
Accrued Expenses $8.100M $8.110M $9.000M
YoY Change -10.0% -10.19% 66.67%
Deferred Revenue
YoY Change
Short-Term Debt $0.00 $0.00 $0.00
YoY Change
Long-Term Debt Due $9.000M $9.020M $6.600M
YoY Change 36.36% 36.46%
Total Short-Term Liabilities $33.97M $33.97M $31.74M
YoY Change 7.03% 7.03% 278.64%
LONG-TERM LIABILITIES
Long-Term Debt $9.000M $9.030M $17.70M
YoY Change -49.15% -48.84% 86.32%
Other Long-Term Liabilities $3.700M $3.710M $11.70M
YoY Change -68.38% -68.21%
Total Long-Term Liabilities $12.70M $12.74M $29.40M
YoY Change -56.8% -56.55% 209.47%
TOTAL LIABILITIES
Total Short-Term Liabilities $33.97M $33.97M $31.74M
Total Long-Term Liabilities $12.70M $12.74M $29.40M
Total Liabilities $46.70M $46.71M $61.10M
YoY Change -23.57% -23.5% 243.26%
SHAREHOLDERS EQUITY
Retained Earnings -$479.7M -$445.1M
YoY Change 7.77% 10.96%
Common Stock $473.5M $457.0M
YoY Change 3.61% 6.49%
Preferred Stock
YoY Change
Treasury Stock (at cost)
YoY Change
Treasury Stock Shares
Shareholders Equity -$6.184M -$6.180M $11.96M
YoY Change
Total Liabilities & Shareholders Equity $40.53M $40.53M $73.02M
YoY Change -44.5% -44.49% 59.19%

Cashflow Statement

Concept 2013 Q4 2013 2012 Q4
OPERATING ACTIVITIES
Net Income -$7.180M -$34.60M -$4.050M
YoY Change 77.28% -21.28% -53.66%
Depreciation, Depletion And Amortization $0.00 $20.00K $10.00K
YoY Change -100.0% -35.48% 0.0%
Cash From Operating Activities -$9.700M -$37.42M -$9.260M
YoY Change 4.75% 251.65% 27.37%
INVESTING ACTIVITIES
Capital Expenditures $0.00 $0.00
YoY Change
Acquisitions
YoY Change
Other Investing Activities -$450.0K $32.22M -$21.19M
YoY Change -97.88% -250.77% 322.95%
Cash From Investing Activities -$450.0K $32.22M -$21.19M
YoY Change -97.88% -250.75% 323.8%
FINANCING ACTIVITIES
Cash Dividend Paid
YoY Change
Common Stock Issuance & Retirement, Net
YoY Change
Debt Paid & Issued, Net
YoY Change
Cash From Financing Activities 3.540M 5.388M 3.760M
YoY Change -5.85% -85.69% -61.2%
NET CHANGE
Cash From Operating Activities -9.700M -37.42M -9.260M
Cash From Investing Activities -450.0K 32.22M -21.19M
Cash From Financing Activities 3.540M 5.388M 3.760M
Net Change In Cash -6.610M 181.0K -26.69M
YoY Change -75.23% -96.78% 934.5%
FREE CASH FLOW
Cash From Operating Activities -$9.700M -$37.42M -$9.260M
Capital Expenditures $0.00 $0.00
Free Cash Flow -$9.700M -$37.42M -$9.260M
YoY Change 4.75% 251.65% 27.37%

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1998-02-10
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CY2013 dei Trading Symbol
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SUNESIS PHARMACEUTICALS INC
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<div> <p style="MARGIN-BOTTOM: 0pt; FONT-SIZE: 10pt; FONT-FAMILY: Times New Roman; MARGIN-LEFT: 4%; MARGIN-TOP: 18pt"> <b><i>Significant Estimates and Judgments</i></b></p> <p style="MARGIN-BOTTOM: 0pt; FONT-SIZE: 10pt; FONT-FAMILY: Times New Roman; MARGIN-TOP: 6pt; TEXT-INDENT: 4%"> The preparation of financial statements in conformity with GAAP requires management to make estimates and assumptions that affect the amounts reported in the Company&#x2019;s financial statements and notes thereto. Actual results could differ materially from these estimates. Significant estimates, assumptions and judgments made by management include those related to the valuation of equity and related instruments, revenue recognition, stock-based compensation and clinical trial accounting.</p> </div>
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DepreciationDepletionAndAmortization
31000
CY2012 us-gaap Allocated Share Based Compensation Expense
AllocatedShareBasedCompensationExpense
2724000
CY2012 us-gaap Proceeds From Sale And Maturity Of Marketable Securities
ProceedsFromSaleAndMaturityOfMarketableSecurities
46226000
CY2012 us-gaap Lease And Rental Expense
LeaseAndRentalExpense
400000
CY2012 us-gaap Operating Expenses
OperatingExpenses
38360000
CY2012 us-gaap Income Tax Expense Benefit
IncomeTaxExpenseBenefit
CY2012 snss Income Tax Reconciliation Other Permanent Differences
IncomeTaxReconciliationOtherPermanentDifferences
350000
CY2012 snss Transfer Of Intrinsic Value Of Exercised Warrants To Additional Paid In Capital
TransferOfIntrinsicValueOfExercisedWarrantsToAdditionalPaidInCapital
1715000
CY2012 snss Issuance Of Common Stock Through Equity Facilities Issuance Cost
IssuanceOfCommonStockThroughEquityFacilitiesIssuanceCost
504000
CY2012 snss License And Other Revenue
LicenseAndOtherRevenue
3754000
CY2012 snss Issuance Of Common Stock Through Equity Facilities Gross Proceeds
IssuanceOfCommonStockThroughEquityFacilitiesGrossProceeds
18124000
CY2012 snss Issuance Of Common Stock Through Controlled Equity Offering Facilities Net Of Issuance Costs
IssuanceOfCommonStockThroughControlledEquityOfferingFacilitiesNetOfIssuanceCosts
17620000
CY2012 snss Increase Decrease In Accrued Clinical Expense
IncreaseDecreaseInAccruedClinicalExpense
3079000
CY2012 snss Proceeds From Issuance Of Common Stock Through Equity Facilities Net
ProceedsFromIssuanceOfCommonStockThroughEquityFacilitiesNet
17620000
CY2012 snss Income Tax Reconciliation Deferred Revenue
IncomeTaxReconciliationDeferredRevenue
-6672000
CY2013Q1 us-gaap Earnings Per Share Diluted
EarningsPerShareDiluted
-0.23
CY2013Q1 us-gaap Weighted Average Number Of Diluted Shares Outstanding
WeightedAverageNumberOfDilutedSharesOutstanding
51587000 shares
CY2013Q1 us-gaap Earnings Per Share Basic
EarningsPerShareBasic
-0.23
CY2013Q1 us-gaap Weighted Average Number Of Shares Outstanding Basic
WeightedAverageNumberOfSharesOutstandingBasic
51587000 shares
CY2013Q1 us-gaap Revenues
Revenues
1989000
CY2013Q1 us-gaap Net Income Loss Available To Common Stockholders Basic
NetIncomeLossAvailableToCommonStockholdersBasic
-11624000
CY2013Q1 us-gaap Net Income Loss Available To Common Stockholders Diluted
NetIncomeLossAvailableToCommonStockholdersDiluted
-11624000
CY2012Q1 us-gaap Earnings Per Share Diluted
EarningsPerShareDiluted
-0.30
CY2012Q1 us-gaap Weighted Average Number Of Diluted Shares Outstanding
WeightedAverageNumberOfDilutedSharesOutstanding
46793000 shares
CY2012Q1 us-gaap Earnings Per Share Basic
EarningsPerShareBasic
-0.30
CY2012Q1 us-gaap Weighted Average Number Of Shares Outstanding Basic
WeightedAverageNumberOfSharesOutstandingBasic
46793000 shares
CY2012Q1 us-gaap Revenues
Revenues
0
CY2012Q1 us-gaap Net Income Loss Available To Common Stockholders Basic
NetIncomeLossAvailableToCommonStockholdersBasic
-13924000
CY2012Q1 us-gaap Net Income Loss Available To Common Stockholders Diluted
NetIncomeLossAvailableToCommonStockholdersDiluted
-13924000
CY2012Q2 us-gaap Earnings Per Share Diluted
EarningsPerShareDiluted
-0.20
CY2012Q2 us-gaap Weighted Average Number Of Diluted Shares Outstanding
WeightedAverageNumberOfDilutedSharesOutstanding
47286000 shares
CY2012Q2 us-gaap Earnings Per Share Basic
EarningsPerShareBasic
-0.18
CY2012Q2 us-gaap Weighted Average Number Of Shares Outstanding Basic
WeightedAverageNumberOfSharesOutstandingBasic
46953000 shares
CY2012Q2 us-gaap Revenues
Revenues
1500000
CY2012Q2 us-gaap Net Income Loss Available To Common Stockholders Basic
NetIncomeLossAvailableToCommonStockholdersBasic
-8579000
CY2012Q2 us-gaap Net Income Loss Available To Common Stockholders Diluted
NetIncomeLossAvailableToCommonStockholdersDiluted
-9332000
CY2013Q2 us-gaap Earnings Per Share Diluted
EarningsPerShareDiluted
-0.18
CY2013Q2 us-gaap Weighted Average Number Of Diluted Shares Outstanding
WeightedAverageNumberOfDilutedSharesOutstanding
53268000 shares
CY2013Q2 us-gaap Earnings Per Share Basic
EarningsPerShareBasic
-0.16
CY2013Q2 us-gaap Weighted Average Number Of Shares Outstanding Basic
WeightedAverageNumberOfSharesOutstandingBasic
51630000 shares
CY2013Q2 us-gaap Revenues
Revenues
1989000
CY2013Q2 us-gaap Net Income Loss Available To Common Stockholders Basic
NetIncomeLossAvailableToCommonStockholdersBasic
-8190000
CY2013Q2 us-gaap Net Income Loss Available To Common Stockholders Diluted
NetIncomeLossAvailableToCommonStockholdersDiluted
-9336000
CY2012Q3 us-gaap Earnings Per Share Diluted
EarningsPerShareDiluted
-0.37
CY2012Q3 us-gaap Weighted Average Number Of Diluted Shares Outstanding
WeightedAverageNumberOfDilutedSharesOutstanding
47398000 shares
CY2012Q3 us-gaap Earnings Per Share Basic
EarningsPerShareBasic
-0.37
CY2012Q3 us-gaap Weighted Average Number Of Shares Outstanding Basic
WeightedAverageNumberOfSharesOutstandingBasic
47398000 shares
CY2012Q3 us-gaap Revenues
Revenues
265000
CY2012Q3 us-gaap Net Income Loss Available To Common Stockholders Basic
NetIncomeLossAvailableToCommonStockholdersBasic
-17396000
CY2012Q3 us-gaap Net Income Loss Available To Common Stockholders Diluted
NetIncomeLossAvailableToCommonStockholdersDiluted
-17396000
CY2013Q3 us-gaap Earnings Per Share Diluted
EarningsPerShareDiluted
-0.16
CY2013Q3 us-gaap Weighted Average Number Of Diluted Shares Outstanding
WeightedAverageNumberOfDilutedSharesOutstanding
53271000 shares
CY2013Q3 us-gaap Earnings Per Share Basic
EarningsPerShareBasic
-0.15
CY2013Q3 us-gaap Weighted Average Number Of Shares Outstanding Basic
WeightedAverageNumberOfSharesOutstandingBasic
51698000 shares
CY2013Q3 us-gaap Revenues
Revenues
1989000
CY2013Q3 us-gaap Net Income Loss Available To Common Stockholders Basic
NetIncomeLossAvailableToCommonStockholdersBasic
-7607000
CY2013Q3 us-gaap Net Income Loss Available To Common Stockholders Diluted
NetIncomeLossAvailableToCommonStockholdersDiluted
-8329000
CY2012Q4 us-gaap Earnings Per Share Diluted
EarningsPerShareDiluted
-0.20
CY2012Q4 us-gaap Weighted Average Number Of Diluted Shares Outstanding
WeightedAverageNumberOfDilutedSharesOutstanding
52848000 shares
CY2012Q4 us-gaap Earnings Per Share Basic
EarningsPerShareBasic
-0.08
CY2012Q4 us-gaap Weighted Average Number Of Shares Outstanding Basic
WeightedAverageNumberOfSharesOutstandingBasic
51412000 shares
CY2012Q4 us-gaap Revenues
Revenues
1989000
CY2012Q4 us-gaap Net Income Loss Available To Common Stockholders Basic
NetIncomeLossAvailableToCommonStockholdersBasic
-4052000
CY2012Q4 us-gaap Net Income Loss Available To Common Stockholders Diluted
NetIncomeLossAvailableToCommonStockholdersDiluted
-10352000
CY2013Q4 us-gaap Earnings Per Share Diluted
EarningsPerShareDiluted
-0.15
CY2013Q4 us-gaap Weighted Average Number Of Diluted Shares Outstanding
WeightedAverageNumberOfDilutedSharesOutstanding
55573000 shares
CY2013Q4 us-gaap Earnings Per Share Basic
EarningsPerShareBasic
-0.13
CY2013Q4 us-gaap Weighted Average Number Of Shares Outstanding Basic
WeightedAverageNumberOfSharesOutstandingBasic
54060000 shares
CY2013Q4 us-gaap Revenues
Revenues
1989000
CY2013Q4 us-gaap Net Income Loss Available To Common Stockholders Basic
NetIncomeLossAvailableToCommonStockholdersBasic
-7177000
CY2013Q4 us-gaap Net Income Loss Available To Common Stockholders Diluted
NetIncomeLossAvailableToCommonStockholdersDiluted
-8257000

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