Lipocine Inc.
Balance Sheet
| Line Item | FY2017 | FY2016 | FY2015 | FY2014 | FY2013 | FY2012 | FY2011 |
|---|---|---|---|---|---|---|---|
| Assets | |||||||
| Cash & Equivalents | $3.2M | $5.6M | $20.0M | $27.7M | $45.3M | $5.4M | $8.6M |
| Accounts Receivable | — | — | — | — | — | — | — |
| Inventory | — | — | — | — | — | — | — |
| Total Current Assets | $25.2M | $27.2M | $44.9M | $27.9M | $46.0M | $5.5M | $32.4K |
| Property, Plant & Equipment | $75.1K | $103.4K | $75.8K | $73.8K | $28.8K | $49.4K | — |
| Goodwill | — | — | — | — | — | — | — |
| Intangible Assets (Excl. Goodwill) | — | — | — | — | — | — | — |
| Total Assets | $25.3M | $27.3M | $45.4M | $28.0M | $46.1M | $5.6M | $32.4K |
| Liabilities | |||||||
| Accounts Payable | $598.1K | $245.9K | $507.1K | $306.3K | $1.0M | $87.0K | $7.4K |
| Total Current Liabilities | $6.3M | $1.3M | $3.4M | $1.6M | $1.3M | $212.8K | $7.6K |
| Long-Term Debt | $0 | — | — | — | — | — | — |
| Total Liabilities | $6.3M | $1.3M | $3.4M | $1.6M | $1.3M | $250.0K | $-1.3M |
| Stockholders' Equity | |||||||
| Retained Earnings | $-126.4M | $-105.4M | $-86.4M | $-68.2M | $-47.9M | $-37.3M | — |
| Total Stockholders' Equity | $19.0M | $26.0M | $42.0M | $26.4M | $44.8M | $5.3M | $1.3M |