2021 Q3 Form 10-Q Financial Statement

#000156459021054030 Filed on November 03, 2021

View on sec.gov

Income Statement

Concept 2021 Q3 2020 Q3
Revenue $0.00 $0.00
YoY Change
Cost Of Revenue
YoY Change
Gross Profit
YoY Change
Gross Profit Margin
Selling, General & Admin $2.608M $2.730M
YoY Change -4.47% 26.39%
% of Gross Profit
Research & Development $10.80M $7.120M
YoY Change 51.62% 34.85%
% of Gross Profit
Depreciation & Amortization
YoY Change
% of Gross Profit
Operating Expenses $13.40M $9.840M
YoY Change 36.21% 32.26%
Operating Profit -$13.40M
YoY Change
Interest Expense $125.0K $560.0K
YoY Change -77.68% -67.85%
% of Operating Profit
Other Income/Expense, Net $35.00K
YoY Change
Pretax Income -$13.24M -$9.290M
YoY Change 42.55% 62.13%
Income Tax
% Of Pretax Income
Net Earnings -$13.24M -$9.288M
YoY Change 42.58% 62.07%
Net Earnings / Revenue
Basic Earnings Per Share -$0.17
Diluted Earnings Per Share -$169.8K -$127.9K
COMMON SHARES
Basic Shares Outstanding 78.01M
Diluted Shares Outstanding 78.01M

Balance Sheet

Concept 2021 Q3 2020 Q3
SHORT-TERM ASSETS
Cash & Short-Term Investments $216.1M $255.3M
YoY Change -15.34% -11.37%
Cash & Equivalents $11.26M $3.870M
Short-Term Investments $204.9M $251.4M
Other Short-Term Assets $8.150M $7.800M
YoY Change 4.49% 550.0%
Inventory
Prepaid Expenses
Receivables
Other Receivables
Total Short-Term Assets $224.3M $263.1M
YoY Change -14.75% -9.04%
LONG-TERM ASSETS
Property, Plant & Equipment $101.0K $400.0K
YoY Change -74.75% -42.86%
Goodwill
YoY Change
Intangibles
YoY Change
Long-Term Investments
YoY Change
Other Assets $88.00K $100.0K
YoY Change -12.0% -50.0%
Total Long-Term Assets $189.0K $500.0K
YoY Change -62.2% -42.26%
TOTAL ASSETS
Total Short-Term Assets $224.3M $263.1M
Total Long-Term Assets $189.0K $500.0K
Total Assets $224.5M $263.6M
YoY Change -14.84% -9.14%
SHORT-TERM LIABILITIES
YoY Change
Accounts Payable $2.852M $2.800M
YoY Change 1.86% 33.65%
Accrued Expenses $8.501M $7.000M
YoY Change 21.44% 70.73%
Deferred Revenue
YoY Change
Short-Term Debt $0.00 $0.00
YoY Change
Long-Term Debt Due
YoY Change
Total Short-Term Liabilities $11.35M $9.700M
YoY Change 17.04% 56.65%
LONG-TERM LIABILITIES
Long-Term Debt $0.00 $0.00
YoY Change
Other Long-Term Liabilities $0.00 $100.0K
YoY Change -100.0% -75.0%
Total Long-Term Liabilities $0.00 $100.0K
YoY Change -100.0% -77.17%
TOTAL LIABILITIES
Total Short-Term Liabilities $11.35M $9.700M
Total Long-Term Liabilities $0.00 $100.0K
Total Liabilities $11.35M $9.800M
YoY Change 15.85% 47.81%
SHAREHOLDERS EQUITY
Retained Earnings
YoY Change
Common Stock
YoY Change
Preferred Stock
YoY Change
Treasury Stock (at cost)
YoY Change
Treasury Stock Shares
Shareholders Equity $213.1M $253.8M
YoY Change
Total Liabilities & Shareholders Equity $224.5M $263.6M
YoY Change -14.84% -9.14%

Cashflow Statement

Concept 2021 Q3 2020 Q3
OPERATING ACTIVITIES
Net Income -$13.24M -$9.288M
YoY Change 42.58% 62.07%
Depreciation, Depletion And Amortization
YoY Change
Cash From Operating Activities -$10.93M -$5.320M
YoY Change 105.38% 56.47%
INVESTING ACTIVITIES
Capital Expenditures
YoY Change
Acquisitions
YoY Change
Other Investing Activities $13.62M -$9.630M
YoY Change -241.4% -163.56%
Cash From Investing Activities $13.62M -$9.630M
YoY Change -241.4% -163.56%
FINANCING ACTIVITIES
Cash Dividend Paid
YoY Change
Common Stock Issuance & Retirement, Net
YoY Change
Debt Paid & Issued, Net
YoY Change
Cash From Financing Activities -256.0K 40.00K
YoY Change -740.0% -42.86%
NET CHANGE
Cash From Operating Activities -10.93M -5.320M
Cash From Investing Activities 13.62M -9.630M
Cash From Financing Activities -256.0K 40.00K
Net Change In Cash 2.435M -14.91M
YoY Change -116.33% -226.14%
FREE CASH FLOW
Cash From Operating Activities -$10.93M -$5.320M
Capital Expenditures
Free Cash Flow
YoY Change

Facts In Submission

Frame Concept Type Concept / XBRL Key Value Unit
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dei Entity Incorporation State Country Code
EntityIncorporationStateCountryCode
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dei Entity Incorporation Date Of Incorporation
EntityIncorporationDateOfIncorporation
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us-gaap Reclassifications
Reclassifications
<p style="margin-bottom:0pt;margin-top:0pt;text-indent:0%;font-style:italic;font-family:Times New Roman;font-size:10pt;font-weight:normal;text-transform:none;font-variant: normal;">Reclassification</p> <p style="margin-bottom:0pt;margin-top:0pt;text-indent:0%;font-family:Times New Roman;font-size:10pt;font-weight:normal;font-style:normal;text-transform:none;font-variant: normal;"> </p> <p style="margin-bottom:0pt;margin-top:0pt;text-indent:0%;font-family:Times New Roman;font-size:10pt;font-weight:normal;font-style:normal;text-transform:none;font-variant: normal;">Certain amounts reported in prior years in the financial statements have been reclassified to conform to the current year’s presentation.</p>
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us-gaap Concentration Risk Credit Risk
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<p style="margin-top:18pt;margin-bottom:0pt;text-indent:0%;font-style:italic;font-family:Times New Roman;font-size:10pt;font-weight:normal;text-transform:none;font-variant: normal;">Concentration of Credit Risk</p> <p style="margin-top:6pt;margin-bottom:0pt;text-indent:0%;font-family:Times New Roman;font-size:10pt;font-weight:normal;font-style:normal;text-transform:none;font-variant: normal;">Financial instruments, which potentially subject the Company to concentration of credit risk, consist primarily of cash and cash equivalents and marketable securities. The Company maintains deposits in federally insured depository institutions in excess of federally insured limits. Management believes that the Company is not exposed to significant credit risk due to the financial position of the depository institutions in which those deposits are held. Additionally, the Company has established guidelines regarding approved investments and maturities of investments, which are designed to maintain safety and liquidity.</p>
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4728312
CY2021Q2 vktx Class Of Warrants Or Rights Expired
ClassOfWarrantsOrRightsExpired
29101
vktx Operating Lease Option To Extend Term
OperatingLeaseOptionToExtendTerm
P3Y
CY2021Q3 us-gaap Operating Leases Rent Expense Net
OperatingLeasesRentExpenseNet
81000
CY2020Q3 us-gaap Operating Leases Rent Expense Net
OperatingLeasesRentExpenseNet
80000
us-gaap Operating Leases Rent Expense Net
OperatingLeasesRentExpenseNet
243000
us-gaap Operating Leases Rent Expense Net
OperatingLeasesRentExpenseNet
242000
CY2021Q3 us-gaap Operating Leases Future Minimum Payments Remainder Of Fiscal Year
OperatingLeasesFutureMinimumPaymentsRemainderOfFiscalYear
87000
CY2021Q3 us-gaap Operating Leases Future Minimum Payments Due In Two Years
OperatingLeasesFutureMinimumPaymentsDueInTwoYears
29000
CY2021Q3 us-gaap Operating Leases Future Minimum Payments Due
OperatingLeasesFutureMinimumPaymentsDue
116000

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vktx-10q_20210930.htm Edgar Link pending
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vktx-20210930.xsd Edgar Link pending
vktx-20210930_cal.xml Edgar Link unprocessable
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