← ARDELYX, INC.
| Annual Trend | FY 2016 | FY 2017 | FY 2018 | FY 2019 | FY 2020 | FY 2021 | FY 2022 | FY 2023 | FY 2024 | FY 2025 | TTM | |
|---|---|---|---|---|---|---|---|---|---|---|---|---|
| Cash flows from operating activities: | ||||||||||||
| Adjustments to reconcile net income to net cash provided by operating activities: | ||||||||||||
| Net Income (Loss), Including Portion Attributable to Noncontrolling Interest | ($112.4m) | ($64.3m) | ($91.3m) | ($94.9m) | ($94.3m) | ($158.2m) | ($67.2m) | ($66.1m) | ($39.1m) | ($61.6m) | — | |
| Depreciation, Depletion and Amortization | $1.3m | $2.6m | $2.7m | $2.5m | $1.8m | $1.4m | $1.1m | $1.3m | $2.1m | $3.1m | $3.3m | |
| Depreciation | $1.3m | $2.6m | $2.7m | $2.5m | $1.8m | $1.4m | $700k | $600k | $500k | $800k | $3.3m | |
| Amortization of Deferred Charges | — | — | — | — | — | $240k | — | — | — | — | — | |
| Amortization of Debt Issuance Costs | $346k | $375k | $236k | $670k | $496k | $638k | — | — | — | — | — | |
| Deferred Income Tax Expense (Benefit) | — | ($30k) | — | — | — | $0 | $0 | $0 | $0 | $0 | — | |
| Share-based Payment Arrangement, Noncash Expense | $5.3m | $9.6m | $9.2m | $9.9m | $10.6m | $12.0m | $10.8m | $13.5m | $37.4m | $49.0m | $54.7m | |
| Payment, Tax Withholding, Share-based Payment Arrangement | — | — | — | — | — | $106k | $0 | $0 | — | — | — | |
| Share-based Payment Arrangement, Expense | $5.3m | $9.6m | $9.2m | $9.9m | $10.6m | $12.0m | $10.8m | $13.5m | $37.4m | $49.0m | $54.7m | |
| Nonoperating Income (Expense) | $508k | $2.0m | $3.2m | $2.4m | $1.6m | $687k | $1.6m | $6.6m | $9.2m | $8.7m | — | |
| Changes in operating assets and liabilities: | ||||||||||||
| Increase (Decrease) in Accounts Receivable | — | $10.8m | ($10.7m) | ($85k) | — | $502k | $7.2m | $14.3m | $35.7m | $14.1m | ($37.8m) | |
| Increase (Decrease) in Inventories | — | — | — | — | — | — | $28.3m | $21.1m | $41.7m | $31.9m | ($15.7m) | |
| Increase (Decrease) in Accounts Payable | $2.1m | ($1.0m) | ($2.7m) | $39k | $3.4m | ($1.3m) | $6.6m | $279k | $4.9m | $3.2m | $16.7m | |
| Net Cash Provided by (Used in) Operating Activities | ($92.5m) |
($65.2m)
+29.55%
|
($70.3m)
-7.80%
|
($76.5m)
-8.84%
|
($81.4m)
-6.47%
|
($152.6m)
-87.33%
|
($70.0m)
+54.08%
|
($89.7m)
-28.09%
|
($44.8m)
+50.06%
|
($42.5m)
+5.19%
|
($17.3m)
+59.23%
|
|
| Cash flows from investing activities: | ||||||||||||
| Payments to Acquire Property, Plant, and Equipment | $4.9m | $2.4m | $311k | $325k | $324k | $1.9m | $55k | $344k | $1.0m | $1.5m | ($599k) | |
| Gain (Loss) on Disposition of Property Plant Equipment, Excluding Oil and Gas Property and Timber Property | — | — | — | — | — | — | $1.3m | $0 | $0 | — | — | |
| Gain (Loss) on Disposition of Property Plant Equipment | — | — | — | — | — | — | $1.3m | — | — | — | — | |
| Cash, Cash Equivalents, and Short-term Investments | $200.9m | $134.0m | $168.1m | $247.5m | — | — | — | — | — | — | — | |
| Proceeds from Maturities, Prepayments and Calls of Debt Securities, Available-for-sale | — | $133.7m | $138.6m | $124.4m | — | — | — | — | — | — | — | |
| Net Cash Provided by (Used in) Investing Activities | ($131.1m) | $65.3m | ($29.9m) | $23.4m | ($31.4m) | $50.9m | $18.4m | ($131.2m) | ($18.3m) | ($9.0m) | ($34.1m) | |
| Cash flows from financing activities: | ||||||||||||
| Proceeds from Issuance of Common Stock | $190.6m | — | — | $0 | $155.9m | $101.1m | $71.6m | $119.2m | $0 | $0 | $0 | |
| Net Cash Provided by (Used in) Financing Activities | $191.2m |
$685k
-99.64%
|
$103.6m
+15017.23%
|
$155.5m
+50.14%
|
$22.8m
-85.35%
|
$83.0m
+264.41%
|
$75.3m
-9.23%
|
$146.3m
+94.18%
|
$106.6m
-27.14%
|
$54.5m
-48.86%
|
$58.5m
+7.38%
|
|
| Cash, Cash Equivalents, Restricted Cash and Restricted Cash Equivalents, Period Increase (Decrease), Including Exchange Rate Effect | ($32.4m) | $785k | $3.4m | $102.4m | ($90.1m) | ($18.6m) | $23.7m | ($74.7m) | $43.5m | $3.1m | $97.2m | |
| Cash, Cash Equivalents, Restricted Cash and Restricted Cash Equivalents | — | — | — | — | — | $72.4m | $96.1m | $21.5m | $64.9m | $68.0m | $97.2m | |
| Additional Supplementary Disclosures | ||||||||||||
| Additional Supplementary Disclosures | ||||||||||||
| Proceeds from Stock Options Exercised | — | — | — | $178k | — | — | — | — | — | — | — | |
| Supplemental disclosure of cash flow information: | ||||||||||||
| Interest Paid, Excluding Capitalized Interest, Operating Activities | — | — | $3.1m | $4.9m | $4.2m | $3.5m | $2.9m | $4.2m | $11.4m | $15.7m | — | |
| Income Taxes Paid, Net | — | $3k | $4k | $2k | $1k | $4k | $6k | $51k | $266k | $485k | — | |
| Additional Financial Items | ||||||||||||
| General and Administrative Expense | $18.7m | $23.2m | $23.7m | $24.3m | $33.2m | $72.3m | $76.6m | — | — | — | — | |
| Income Tax Expense (Benefit) | — | $1.2m | $4k | $303k | $2k | $4k | $8k | $547k | $266k | $969k | — | |
| Interest Expense Nonoperating | — | — | — | — | — | — | — | — | $13.0m | $20.1m | — | |
| Operating Expenses | $112.9m | $98.7m | $93.1m | $95.9m | — | — | — | — | — | — | — | |
| Unrealized Gain (Loss) on Derivatives | — | — | — | — | $407.0m | — | — | — | — | — | — |