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SEC Filings

10-Q
ATHENEX, INC. filed this Form 10-Q on 05/09/2019
Entire Document
 

ATHENEX, INC. AND SUBSIDIARIES

Condensed Consolidated Statements of Operations and Comprehensive Loss

(unaudited)

(In thousands, except share and per share data)

 

 

 

Three Months Ended March 31,

 

 

 

2019

 

 

2018

 

Revenue:

 

 

 

 

 

 

 

 

Product sales, net

 

$

25,163

 

 

$

12,605

 

License fees and consulting revenue

 

 

105

 

 

 

25,091

 

Grant revenue

 

 

39

 

 

 

140

 

Total revenue

 

 

25,307

 

 

 

37,836

 

Costs and operating expenses:

 

 

 

 

 

 

 

 

Cost of sales

 

 

19,902

 

 

 

11,326

 

Research and development expenses

 

 

24,475

 

 

 

21,303

 

Selling, general, and administrative expenses

 

 

15,188

 

 

 

13,080

 

Total costs and operating expenses

 

 

59,565

 

 

 

45,709

 

Operating loss

 

 

(34,258

)

 

 

(7,873

)

Interest expense (income)

 

 

1,472

 

 

 

(227

)

Loss before income tax expense (benefit)

 

 

(35,730

)

 

 

(7,646

)

Income tax expense (benefit)

 

 

500

 

 

 

(307

)

Net loss

 

 

(36,230

)

 

 

(7,339

)

Less: net loss attributable to non-controlling interests

 

 

(997

)

 

 

(41

)

Net loss attributable to Athenex, Inc.

 

$

(35,233

)

 

$

(7,298

)

Unrealized gain (loss) on investment, net of income taxes

 

 

3

 

 

 

(35

)

Foreign currency translation adjustment, net of income taxes

 

 

1,068

 

 

 

718

 

Comprehensive loss

 

$

(34,162

)

 

$

(6,615

)

Net loss per share attributable to Athenex, Inc. common stockholders, basic

   and diluted (See Note 12)

 

$

(0.53

)

 

$

(0.12

)

Weighted-average shares used in computing net loss per share attributable to

   Athenex, Inc. common stockholders, basic and diluted (See Note 12)

 

 

67,011,432

 

 

 

61,655,294

 

 

The accompanying notes are an integral part of these condensed consolidated financial statements.

.

 

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