Aptevo Therapeutics Inc. balance sheet
At the end of fiscal 2022, Aptevo Therapeutics Inc. had total assets of $34.2m, total liabilities of $16.2m and shareholders' equity of $18.0m. It held $22.6m in cash against $4.0m of debt: net cash of $18.6m.
Balance sheet
| Fiscal year | 2015Dec 2015 | 2016Dec 2016 | 2017Dec 2017 | 2018Dec 2018 | 2019Dec 2019 | 2020Dec 2020 | 2021Dec 2021 | 2022Dec 2022 |
|---|---|---|---|---|---|---|---|---|
| Cash and equivalents | 5 | 10 | 7 | 31 | 12 | 40 | 45 | 23 |
| Receivables | 6 | 0 | 2 | 5 | 7 | — | — | — |
| Inventory | 20 | 0 | 1 | 2 | 6 | — | — | — |
| Total current assets | 35 | 71 | 95 | 49 | 30 | 47 | 53 | 27 |
| Goodwill | 29 | — | — | — | — | — | — | — |
| Total assets | 128 | 92 | 117 | 67 | 53 | 54 | 57 | 34 |
| Accounts payable | 10 | — | — | 12 | 6 | — | — | — |
| Deferred revenue (current) | 4 | 1 | — | — | — | — | — | — |
| Total current liabilities | 20 | 20 | 19 | 18 | 38 | 15 | 35 | 9 |
| Short-term debt | — | — | 3 | — | 20 | 5 | 12 | 2 |
| Long-term debt | — | 18 | 16 | 19 | — | 28 | 4 | 1 |
| Total debt | 0 | 18 | 19 | 19 | 39 | 28 | 16 | 4 |
| Total liabilities | 39 | 41 | 35 | 37 | 42 | 37 | 55 | 16 |
| Shareholders' equity | 89 | 51 | 82 | 30 | 12 | 17 | 1 | 18 |
| Net debt (negative = net cash) | −5 | 9 | 12 | −11 | 27 | −12 | −29 | −19 |
| Shares outstanding | — | — | — | — | — | — | — | — |
| Quarter | 2021 Q1Mar 2021 | 2021 Q2Jun 2021 | 2021 Q3Sept 2021 | 2021 Q4Dec 2021 | 2022 Q1Mar 2022 | 2022 Q2Jun 2022 | 2022 Q3Sept 2022 | 2022 Q4Dec 2022 |
|---|---|---|---|---|---|---|---|---|
| Total current assets | 63 | 66 | 59 | 53 | 42 | 31 | 25 | 27 |
| Total assets | 69 | 71 | 64 | 57 | 45 | 39 | 32 | 34 |
| Total current liabilities | 29 | 31 | 32 | 35 | 24 | 7 | 8 | 9 |
| Short-term debt | 10 | 11 | 11 | 12 | 2 | 2 | 2 | 2 |
| Long-term debt | — | — | — | 4 | — | — | 2 | 1 |
| Total debt | 10 | 11 | 11 | 15 | 2 | 2 | 4 | 3 |
| Total liabilities | 58 | 58 | 57 | 55 | 51 | 16 | 16 | 16 |
| Shareholders' equity | 11 | 14 | 7 | 1 | −6 | 23 | 16 | 18 |
| Shares outstanding | 4m | 5m | 5m | 5m | 5m | 5m | 5m | 6m |
Compare with peers
More: Biotechnology stocks compared, Health Care sector, rankings of US companies