Financials
We've grouped the latest 4 financial reports for ARDX. You can view and compare their Income Statement, Balance Sheet, and Cash Flow.
| Income Statement | 2017 | 2018 | 2019 | 2020 |
|---|---|---|---|---|
| Total Revenue | $42.0M | $2.61M | $5.28M | $2.47M |
| Cost of Revenue | $8.40M | $466K | $600K | $145K |
| Gross Margin | $33.6M | $2.14M | $4.68M | $2.33M |
| Research & Development | $75.5M | $69.4M | $71.7M | $65.1M |
| Selling, General and Administrative | - | - | - | - |
| Other Operating Expense | - | - | - | - |
| Total Operating Expense | - | - | - | - |
| Operating Income | -$65.1M | -$90.9M | -$91.3M | -$90.8M |
| Interest Income | - | -$128M | -$5.79M | - |
| Interest Expense | $375K | $3.53M | $5.73M | $5.10M |
| Net Interest Incomee | -$375K | -$3.53M | -$5.73M | -$5.10M |
| Other Income Expense | - | - | - | - |
| Non-recurring Items | - | - | - | - |
| Other Non-operating Income | $1.96M | $3.19M | $2.35M | $1.57M |
| Income before Provision for income taxes | -$63.2M | -$91.3M | -$94.6M | -$94.3M |
| Tax Provision | $1.18M | $4.00K | $303K | $2.00K |
| Net Income | -$64.3M | -$91.3M | -$94.9M | -$94.3M |
| Effect of accounting charges | - | - | - | - |
| Minority Interest | - | - | - | - |
| Provision for income taxes | - | - | - | - |
| Non-recurring items | - | - | - | - |
| Other Items | - | - | - | - |
| Discontinued Operations | - | - | - | - |
| Preferred Stock Dividends | - | - | - | - |
| EBIT | -$65.1M | -$87.8M | -$88.9M | -$89.2M |
| Balance Sheet | 2018 | 2019 | 2020 | 2020 |
|---|---|---|---|---|
| otherNonCurrentAssets | - | - | - | - |
| Assets | ||||
| Cash, Cash Equivalents & Short-term investments | $168M | $247M | - | $186M |
| Cash & Cash Equivalents | - | - | - | - |
| Other Short-term Investments | $89.4M | $66.4M | - | $95.5M |
| Receivables | - | - | - | - |
| Inventory | - | - | - | - |
| Other Current Assets | $3.20M | $3.80M | - | $8.20M |
| Total Current Assets | $176M | $252M | - | $195M |
| PPE | $5.61M | $3.44M | - | $1.94M |
| Non-current Marketable Securities | - | - | - | $2.11M |
| total non-current assets | $6.96M | $7.72M | $400K | $6.88M |
| Goodwill | - | - | - | - |
| Other Intangible Assets | - | - | - | - |
| deferred long-term asset charges | - | - | - | - |
| Total Assets | $183M | $260M | $400M | $202M |
| Liabilities | ||||
| Accounts Payable | - | - | - | - |
| Current Debt | - | $3.79M | - | $6.28M |
| Other Current Liabilties | $378K | $749K | - | $285K |
| Total Current Liabilities | $17.7M | $22.2M | - | $28.4M |
| Long Term Debt | $52.0M | $50.0M | - | $50.8M |
| Non-Current Deferred Liabilties | - | - | - | - |
| Negative Goodwill | - | - | - | - |
| Other Non-Current Liabilities | $582K | $2.08M | - | $413K |
| total non-current liabilities | $582K | $50.9M | - | $47.0M |
| Total capital lease obligations | - | $4.68M | - | $2.53M |
| Total Liabilities | $67.5M | $73.1M | $400K | $75.5M |
| Shareholder's Equity | ||||
| Common Stock | - | - | - | - |
| Share premium | - | - | - | - |
| Preferred Stock | - | - | - | - |
| Retained Earnings | - | - | - | - |
| Additional Paid-in Capital | - | - | - | - |
| Gains/Losses not affecting retained earnings | - | - | - | - |
| Treasury Stock | - | - | - | - |
| Total Shareholders' Equity | $116M | $187M | $400M | $126M |
| Total Liabilities and Shareholders' Equity | - | - | - | - |
| Cash Flow | 2017 | 2018 | 2019 | 2020 |
|---|---|---|---|---|
| Cash from Operating Activities | ||||
| Operating Activities | -$65.2M | -$70.3M | -$76.5M | -$81.4M |
| Other Operating Activities | - | - | - | - |
| Change(increase) in Operating Activities | - | - | - | - |
| Net Income | -$64.3M | -$91.3M | -$94.9M | -$94.3M |
| Depreciation | - | - | - | - |
| Change in Liabilities | - | - | - | - |
| Change in Inventory | - | - | - | - |
| Change(increase) in Account Receivables | - | - | - | - |
| Change(increase) in Receivables | $10.8M | -$10.7M | -$85.0K | - |
| Cash from Investing Activities | ||||
| Investment Activities | $65.3M | -$29.9M | $23.4M | -$31.4M |
| Other Investment Activities | - | - | - | - |
| Investments | - | - | - | - |
| Capital Expenditures | $2.36M | $311K | $325K | $324K |
| Cash from Financing Activities | ||||
| Financing Activities | $685K | $104M | $155M | $22.8M |
| Other Financing Activities | - | - | - | - |
| Stock Sale and Purchase | - | - | - | - |
| Dividends | - | - | - | - |
| Net Borrowings | - | - | - | - |
| Change(increase) in Cash | - | - | - | - |
| Change(increase) in Cash and Cash Equivalents | $785K | $3.39M | $102M | -$90.1M |
| Change(increase) in Net Income | - | - | - | - |
| Change in Exchange Rate | - | - | - | - |