Sorrento Therapeutics, Inc. (SRNE) Financials

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SRNE Income statement / Annual

Last year (2022), Sorrento Therapeutics, Inc.'s total revenue was $62.84 M, an increase of 18.78% from the previous year. In 2022, Sorrento Therapeutics, Inc.'s net income was -$572.84 M. See Sorrento Therapeutics, Inc.,s key income statements, including revenue, expenses, profit, and income.

Period FY-2022 FY-2021 FY-2020 FY-2019 FY-2018 FY-2017 FY-2016 FY-2015 FY-2014 FY-2013
Period Ended 12/31/2022 12/31/2021 12/31/2020 12/31/2019 12/31/2018 12/31/2017 12/31/2016 12/31/2015 12/31/2014 12/31/2013
Operating Revenue $62.84 M $52.90 M $39.99 M $31.43 M $21.19 M $151.86 M $8.15 M $4.59 M $3.83 M $460,148.00
Cost of Revenue $33.45 M $13.03 M $9.94 M $12.24 M $10.07 M $11.03 M $3.70 M $1.95 M $2.04 M $4,440.00
Gross Profit $29.39 M $39.87 M $30.05 M $19.20 M $11.12 M $140.83 M $4.46 M $2.64 M $1.78 M $455,708.00
Gross Profit Ratio 0.47 0.75 0.75 0.61 0.52 0.93 0.55 0.58 0.47 0.99
Research and Development Expenses $221.23 M $206.92 M $111.34 M $106.88 M $76.96 M $55.53 M $42.18 M $31.34 M $23.98 M $9.02 M
General & Administrative Expenses $0.00 $0.00 $0.00 $0.00 $63.64 M $38.33 M $24.22 M $20.13 M $9.99 M $6.32 M
Selling & Marketing Expenses $0.00 $0.00 $0.00 $0.00 $0.00 -$5.37 M -$2.04 M $0.00 $0.00 $0.00
Selling, General & Administrative Expenses $182.34 M $196.86 M $116.18 M $103.56 M $63.64 M $32.96 M $22.18 M $20.13 M $9.99 M $6.32 M
Other Expenses $130.14 M $4.14 M $4.05 M $3.94 M $3.01 M $2.61 M $845,000.00 $1.16 M $2.35 M $804,070.00
Operating Expenses $533.70 M $407.92 M $231.57 M $214.38 M $140.60 M $88.49 M $64.35 M $52.63 M $36.32 M $16.14 M
Cost And Expenses $567.15 M $420.95 M $241.51 M $226.61 M $150.67 M $99.52 M $68.05 M $54.58 M $38.36 M $16.14 M
Interest Income $0.00 $0.00 $24,000.00 $1.09 M $921,000.00 $241,000.00 $272,000.00 $24,000.00 $12,000.00 $9,615.00
Interest Expense $8.57 M $10.22 M $20.18 M $36.14 M $57.63 M $4.98 M $1.61 M $1.65 M $1.63 M $253,194.00
Depreciation & Amortization $13.25 M $16.32 M $14.71 M $15.04 M $9.05 M $7.08 M $2.89 M $2.37 M $3.18 M $1.29 M
EBITDA -$539.93 M -$435.99 M -$275.69 M -$308.40 M -$147.10 M $27.38 M -$60.34 M -$9.74 M -$31.55 M -$20.37 M
EBITDA Ratio -8.59 -7.25 -4.8 -5.83 -5.68 0.39 -6.99 -1.19 -8.25 -44.26
Operating Income Ratio -8.03 -6.96 -5.04 -6.21 -6.11 0.34 -7.35 -16.12 -9.08 -47.09
Total Other Income/Expenses Net -$57.43 M -$94.48 M -$66.06 M -$100.18 M -$63.36 M -$10.02 M -$4.94 M $36.23 M -$1.62 M -$6.23 M
Income Before Tax -$561.75 M -$462.53 M -$310.58 M -$359.58 M -$213.78 M $15.32 M -$64.83 M -$13.76 M -$36.36 M -$21.91 M
Income Before Tax Ratio -8.94 -8.74 -7.77 -11.44 -10.09 0.1 -7.95 -3 -9.51 -47.62
Income Tax Expense -$2.42 M -$33.52 M -$2.01 M -$473,000.00 -$6.27 M -$36.04 M -$896,000.00 $36.31 M -$1.70 M $9,615.00
Net Income -$572.84 M -$429.01 M -$308.57 M -$359.10 M -$203.54 M $9.06 M -$60.92 M -$45.81 M -$34.66 M -$21.91 M
Net Income Ratio -9.12 -8.11 -7.72 -11.42 -9.6 0.06 -7.47 -9.98 -9.06 -47.62
EPS -1.37 -1.46 -1.34 -2.56 -1.92 0.13 -1.21 -1.24 -1.3 -1.46
EPS Diluted -1.37 -1.46 -1.34 -2.56 -1.92 0.13 -1.21 -1.24 -1.3 -1.46
Weighted Average Shares Out $419.32 M $294.77 M $229.82 M $140.51 M $106.15 M $69.74 M $50.36 M $36.91 M $26.68 M $15.05 M
Weighted Average Shares Out Diluted $419.32 M $294.77 M $229.82 M $140.51 M $106.15 M $70.38 M $50.36 M $36.91 M $26.68 M $15.05 M
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