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Crinetics Pharmaceuticals, Inc. (CRNX)

Income Statement

Standardized | As Reported Annual | Quarterly | TTM
  Older >>
In millions, except per share itemsDec-31-22Dec-05-22Dec-31-21Dec-05-21Dec-31-20Dec-31-19Dec-31-18Dec-31-17
   10-K8-K10-K8-K10-K10-K10-K10-K
Total revenues   [+]0.0135.00.085.30.11.22.42.0
            Revenue growth   58.2%-100.0% -94.0%-50.9%18.7%247.2%
Cost of goods sold  0.0172.60.0108.80.00.00.00.0
Gross profit  0.0-37.70.0-23.40.11.22.42.0
            Gross margin   -27.9% -27.5%100.0%100.0%100.0%100.0%
Selling, general and administrative   [+]172.642.4108.824.575.055.06.71.9
Research and development        24.59.2
Equity in earnings   -1.0      
Other operating expenses  -12.787.8-1.159.7-1.1-3.4  
EBITDA   [+]-159.0 -106.7 -72.9-49.5-28.2-9.0
            EBITDA margin   -125.1% -126.2%-102649.3%-4152.5%-1163.1%-440.0%
Depreciation and amortization  1.0 0.9 0.90.90.50.1
EBIT   [+]-160.0-168.9-107.6-107.7-73.8-50.4-28.7-9.1
            EBIT margin   -125.1% -126.2%-103984.5%-4226.8%-1182.5%-446.3%
Interest income  4.3 0.2 1.03.51.70.0
Other income (expense), net  -8.3168.9-0.2107.7-1.0-3.5-0.2-0.1
Pre-tax income  -163.90.0-107.60.0-73.8-50.4-27.1-9.2
Income taxes  0.00.00.00.00.00.00.00.0
            Tax rate  0.0% 0.0% 0.0%0.0%0.0%0.0%
Net income  -163.90.0-107.60.0-73.8-50.4-27.1-9.2
            Net margin   0.0% 0.0%-103960.6%-4226.5%-1116.8%-447.8%
   
Basic EPS   [+]($3.15)$0.00($2.80)$0.00($2.42)($2.09)($2.23)($6.68)
Diluted EPS   [+]($3.15)$0.00($2.80)$0.00($2.42)($2.09)($2.23)($6.68)
   
Shares outstanding (basic)   [+]52.052.038.438.430.424.212.11.4
Shares outstanding (diluted)   [+]52.052.038.438.430.424.212.11.4
   
EBIT is a non-GAAP figure that excludes all non-recurring expenses: restructuring costs, asset impairments, IPR&D writeoffs, and other unusual charges.  

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