Corbus Pharmaceuticals Holdings, Inc. balance sheet
At the end of fiscal 2022, Corbus Pharmaceuticals Holdings, Inc. had total assets of $66.3m, total liabilities of $33.3m and shareholders' equity of $33.0m. It held $17.0m in cash against $21.9m of debt.
Balance sheet
| Fiscal year | 2015Dec 2015 | 2016Dec 2016 | 2017Dec 2017 | 2018Dec 2018 | 2019Dec 2019 | 2020Dec 2020 | 2021Dec 2021 | 2022Dec 2022 |
|---|---|---|---|---|---|---|---|---|
| Cash and equivalents | 12 | 15 | 63 | 42 | 32 | 85 | 25 | 17 |
| Total current assets | 13 | 17 | 66 | 44 | 38 | 92 | 100 | 60 |
| Total assets | 13 | 18 | 67 | 47 | 49 | 102 | 108 | 66 |
| Accounts payable | 1 | 3 | 3 | 6 | 11 | 7 | 2 | 2 |
| Deferred revenue (current) | 2 | 2 | — | 1 | — | — | — | — |
| Total current liabilities | 4 | 9 | 8 | 18 | 35 | 32 | 17 | 13 |
| Short-term debt | — | — | — | — | — | — | 3 | 3 |
| Long-term debt | 0 | — | — | — | — | 18 | 16 | 16 |
| Total debt | 0 | — | 0 | 0 | 1 | 22 | 22 | 22 |
| Total liabilities | 4 | 9 | 9 | 19 | 43 | 57 | 39 | 33 |
| Shareholders' equity | 9 | 9 | 58 | 28 | 6 | 45 | 69 | 33 |
| Shares outstanding | — | — | — | — | — | — | 4m | 4m |
| Quarter | 2020 Q4Dec 2020 | 2021 Q1Mar 2021 | 2021 Q2Jun 2021 | 2021 Q3Sept 2021 | 2021 Q4Dec 2021 | 2022 Q1Mar 2022 | 2022 Q3Sept 2022 | 2022 Q4Dec 2022 |
|---|---|---|---|---|---|---|---|---|
| Total current assets | 92 | 130 | 112 | 112 | 100 | 88 | 67 | 60 |
| Total assets | 102 | 140 | 121 | 120 | 108 | 96 | 74 | 66 |
| Accounts payable | 7 | 4 | 2 | 3 | 2 | 3 | 1 | 2 |
| Total current liabilities | 32 | 24 | 19 | 17 | 17 | 15 | 17 | 13 |
| Short-term debt | — | — | — | — | 3 | 5 | 10 | 3 |
| Long-term debt | 18 | 18 | 18 | 19 | 16 | 14 | 9 | 16 |
| Total debt | 18 | 18 | 18 | 19 | 19 | 19 | 19 | 19 |
| Total liabilities | 57 | 49 | 44 | 42 | 39 | 35 | 32 | 33 |
| Shareholders' equity | 45 | 92 | 77 | 78 | 69 | 61 | 42 | 33 |
| Shares outstanding | 99m | 125m | 125m | 125m | 4m | 125m | 125m | 4m |
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