FENNEC PHARMACEUTICALS INC
For the period ended Dec 31, 2023. Filed Mar 29, 2024.
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FY2023 · Filed Mar 29, 2024
FENC$10.83+10.4%Stored close · as of Nov 9, 2026
Extracted filing text, with the paragraph anchors used by the comparison.
See the whole filing, with its images and exhibitsContents
Consolidated Balance Sheets
(U.S. dollars and shares in thousands)
| | | | | | | |
|---|---|---|---|---|---|---|
| · · December 31, · · December 31, | ||||||
| | | 2023 | 2022 | |||
| | | | | | | |
| Assets · · · | ||||||
| Current assets · · · | ||||||
| Cash and cash equivalents | | $13,269 | | $23,774 | ||
| Accounts receivable, net | | | 8,814 | | | 1,545 |
| Prepaid expenses | | 2,575 | | 770 | ||
| Inventory | | | 2,156 | | | 576 |
| Other current assets | | 44 | | 63 | ||
| Total current assets | | | 26,858 | | | 26,728 |
| | | | | | | |
| Non-current assets | | | | | | |
| Deferred issuance cost | | | 816 | | | 809 |
| Deferred issuance cost (amortization) | | | (810) | | | (598) |
| Total non-current assets | | | 6 | | | 211 |
| Total assets | | $26,864 | | $26,939 | ||
| | | | ||||
| Liabilities and shareholders’ deficit | | | ||||
| Current liabilities: | | | ||||
| Accounts payable | | $3,778 | | $2,390 | ||
| Accrued liabilities | | 3,754 | | 2,219 | ||
| Operating lease liability - current | | | 21 | | | — |
| Total current liabilities | | 7,553 | | 4,609 | ||
| | | | | | | |
| Non-current liabilities | | | | | | |
| Term loan | | | 30,000 | | | 25,000 |
| PIK interest | | | 1,219 | | | 260 |
| Debt discount | | | (288) | | | (361) |
| Operating lease liability - net of current portion | | | 2 | | | — |
| Total non-current liabilities | | | 30,933 | | | 24,899 |
| Total liabilities | | 38,486 | | 29,508 | ||
| | | | ||||
| Commitments and contingencies (Note 7) | | | ||||
| | | | ||||
| Shareholders’ deficit: | | | ||||
| Common shares, no par value; unlimited shares authorized; 27,027 shares issued and outstanding (2022 ‑26,361) | | 144,307 | | 142,591 | ||
| Additional paid-in capital | | 62,073 | | 56,797 | ||
| Accumulated deficit | | (219,245) | | (203,200) | ||
| Accumulated other comprehensive income | | 1,243 | | 1,243 | ||
| Total shareholders’ deficit | | (11,622) | | (2,569) | ||
| Total liabilities and shareholders’ deficit | | $26,864 | | $26,939 | ||
The text of this filing, as the company filed it with the SEC, without its images or exhibits. This is not investment advice.