IONIS PHARMACEUTICALS INC
For the period ended Sep 30, 2024. Filed Nov 6, 2024.
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A company's report for each of its first three quarters. The financial statements are not audited. It shows how the business has moved since the last annual report, and what management says changed.
Sep 30, 2024 · Filed Nov 6, 2024
IONS$39.42+1.6%Stored close · as of Nov 6, 2026
Contents
Item 1. Condensed Consolidated Balance Sheets
CONDENSED CONSOLIDATED BALANCE SHEETS
(in thousands, except share data)
| September 30, 2024 | December 31, 2023 | |
|---|---|---|
| (unaudited) | ||
| ASSETS | ||
| Current assets: | ||
| Cash and cash equivalents | $334,605 | $399,266 |
| Short-term investments | 2,148,671 | 1,931,935 |
| Contracts receivable | 17,928 | 97,778 |
| Inventories | 28,452 | 28,425 |
| Other current assets | 184,194 | 184,449 |
| Total current assets | 2,713,850 | 2,641,853 |
| Property, plant and equipment, net | 82,502 | 71,043 |
| Right-of-use assets | 164,424 | 171,896 |
| Deposits and other assets | 120,323 | 105,280 |
| Total assets | $3,081,099 | $2,990,072 |
| LIABILITIES AND STOCKHOLDERS’ EQUITY | ||
| Current liabilities: | ||
| Accounts payable | $9,052 | $26,027 |
| Accrued compensation | 40,558 | 67,727 |
| Accrued liabilities | 124,396 | 147,894 |
| Income taxes payable | 41 | 2,151 |
| 0.125 percent convertible senior notes, net | 44,467 | 44,332 |
| Current portion of deferred contract revenue | 76,018 | 151,128 |
| Other current liabilities | 10,034 | 8,831 |
| Total current liabilities | 304,566 | 448,090 |
| Long-term deferred contract revenue | 173,776 | 241,184 |
| 1.75 percent convertible senior notes, net | 564,335 | 562,285 |
| 0 percent convertible senior notes, net | 627,745 | 625,380 |
| Liability related to sale of future royalties, net | 538,102 | 513,736 |
| Long-term lease liabilities | 168,372 | 170,875 |
| Long-term obligations | 41,735 | 41,836 |
| Total liabilities | 2,418,631 | 2,603,386 |
| Stockholders’ equity: | ||
| Common stock, $0.001 par value; 300,000,000 shares authorized, 157,813,136 and 144,340,526 shares issued and outstanding at September 30, 2024 (unaudited) and December 31, 2023, respectively | 158 | 144 |
| Additional paid-in capital | 2,831,942 | 2,215,098 |
| Accumulated other comprehensive loss | (24,173) | (32,645) |
| Accumulated deficit | (2,145,459) | (1,795,911) |
| Total stockholders’ equity | 662,468 | 386,686 |
| Total liabilities and stockholders’ equity | $3,081,099 | $2,990,072 |
Index
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