SEC Filings

10-Q
AVEXIS, INC. filed this Form 10-Q on 11/09/2017
Entire Document
 

PART 1.FINANCIAL INFORMATION

 

Item 1.Financial Statements

 

AveXis, Inc.

 

Condensed Consolidated Balance Sheets

(Unaudited)

(In thousands, except share and per share data)

 

 

 

 

 

 

 

 

 

 

September 30, 

 

December 31, 

 

     

2017

     

2016

Assets

 

 

 

 

 

 

Current assets:

 

 

 

 

 

 

Cash and cash equivalents

 

$

374,211

 

$

240,430

Prepaid expenses and other current assets

 

 

9,092

 

 

4,750

Total current assets

 

 

383,303

 

 

245,180

Property and equipment, net

 

 

46,332

 

 

24,201

Other long-term assets

 

 

2,422

 

 

1,194

Total assets

 

$

432,057

 

$

270,575

Liabilities and stockholders' equity

 

 

 

 

 

 

Current liabilities:

 

 

 

 

 

 

Accounts payable

 

$

9,399

 

$

3,196

Accrued expenses and other current liabilities

 

 

15,276

 

 

16,794

Accrued indemnification obligation

 

 

2,784

 

 

4,453

Total current liabilities

 

 

27,459

 

 

24,443

Long-term liabilities

 

 

548

 

 

 —

Total liabilities

 

$

28,007

 

$

24,443

Commitments and contingencies

 

 

 

 

 

 

Common stock; par value $0.0001 per share, 100,000,000 shares authorized, 31,972,377 shares issued and outstanding at September 30, 2017; 27,700,054 shares issued and outstanding at December 31, 2016

 

 

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Additional paid-in capital

 

 

681,995

 

 

387,691

Accumulated deficit

 

 

(277,948)

 

 

(141,562)

Total stockholders’ equity

 

 

404,050

 

 

246,132

Total liabilities and stockholders’ equity

 

$

432,057

 

$

270,575

 

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

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