MANNKIND CORP
For the period ended Dec 31, 2023. Filed Feb 27, 2024.
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FY2023 · Filed Feb 27, 2024
MNKD$4.19+7.4%Stored close · as of Nov 9, 2026
Extracted filing text, with the paragraph anchors used by the comparison.
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Consolidated Statements of Operations
| Year Ended December 31, | |||
|---|---|---|---|
| 2023 | 2022 | 2021 | |
| (In thousands except per share data) | |||
| Revenues: | |||
| Net revenue – commercial product sales | $74,029 | $56,247 | $39,168 |
| Revenue – collaborations and services | 52,954 | 27,924 | 36,274 |
| Royalties – collaborations | 71,979 | 15,599 | — |
| Total revenues | 198,962 | 99,770 | 75,442 |
| Expenses: | |||
| Cost of goods sold | 20,863 | 16,003 | 16,833 |
| Cost of revenue – collaborations and services | 41,908 | 41,494 | 22,024 |
| Research and development | 31,283 | 19,721 | 12,312 |
| Selling | 51,776 | 53,753 | 45,528 |
| General and administrative | 42,538 | 37,720 | 31,889 |
| Asset impairment | — | — | 106 |
| Loss (gain) on foreign currency transaction | 1,916 | (4,811) | (6,567) |
| Loss on purchase commitments | — | — | 339 |
| Total expenses | 190,284 | 163,880 | 122,464 |
| Income (loss) from operations | 8,678 | (64,110) | (47,022) |
| Other income (expense): | |||
| Interest income, net | 6,154 | 2,513 | 112 |
| Interest expense on financing liability | (9,825) | (9,758) | (1,373) |
| Interest expense | (15,151) | (15,011) | (15,204) |
| Interest expense on liability for sale of future royalties | (185) | — | — |
| Loss on available-for-sale securities | (170) | (932) | — |
| Loss on extinguishment of debt | — | — | (17,200) |
| Other income (expense) | 122 | (102) | (239) |
| Total other expense | (19,055) | (23,290) | (33,904) |
| Loss before income tax expense | (10,377) | (87,400) | (80,926) |
| Income tax expense | (1,561) | — | — |
| Net loss | $(11,938) | $(87,400) | $(80,926) |
| Net loss per share – basic and diluted | $(0.04) | $(0.34) | $(0.32) |
| Weighted average shares used to compute net loss per share – basic and diluted | 267,014 | 257,092 | 249,244 |
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