DURECT CORP (DRRX) [Rocket]

In millions, except per share items	Dec-31-22	Dec-31-21	Dec-31-20	Dec-31-19	Dec-31-18	Dec-31-17	Dec-31-16	Dec-31-15
	10-K	10-K	10-K	10-K	10-K	10-K	10-K	10-K
Assets
Cash and equivalents	43.5	49.8	21.3	34.9	31.6	29.4	5.4	3.6
Short-term investments		20.0	19.4	29.8	2.7	7.4	19.6	25.5
Accounts receivable, net	3.4	6.5	0.9	1.5	1.8	2.4	1.2	2.2
Inventories			1.9	1.9	3.4	3.2	3.8	3.9
Other current assets	4.5	5.4	19.5	3.7	2.2	3.1	2.5	3.1
Total current assets	51.4	81.7	63.1	71.8	41.7	45.4	32.4	38.3
Property, plant, and equipment, net	0.2	0.2	0.3	0.2	0.6	0.9	1.3	1.6
Goodwill	6.2	6.2	6.2	6.4	6.4	6.4	6.4	6.4
Long-term investments			1.0
Other fixed assets	0.3	0.3	0.3	1.1	1.1	0.3	0.2	0.2
Total assets	60.1	92.0	75.6	86.0	50.0	53.1	40.5	46.8

Accounts payable	3.1	1.3	1.7	2.0	1.6	1.5	2.1	1.3
Accrued expenses			6.3	5.9	4.7	5.5	5.1	5.0
Current portion of long-term debt	0.0	0.0	0.9	0.0	0.0	7.3	19.9	0.0
Current portion of long-term debt			0.9			7.3	19.9
Deferred revenues				22.7			1.0	0.6
Other current liabilities	30.9	8.7	1.8	6.2	1.4	1.5	0.8	0.6
Total current liabilities	34.0	10.1	10.7	36.8	7.7	15.8	28.8	7.4
Long-term debt			19.9	20.3	20.5	13.6
Other liabilities	1.5	1.5	0.9	1.1	1.0	1.1	3.4	4.8
Total liabilities	35.5	11.6	31.5	58.1	29.2	30.5	32.2	12.2

Shareholders' equity [+]	24.6	80.4	44.1	27.9	20.8	22.6	8.3	34.6
Paid-in capital	586.4	583.8	529.9	512.0	488.6	465.2	448.4	420.5
Retained earnings	-561.4	-526.0	-489.8	-489.2	-468.6	-443.8	-440.1	-405.6
Tangible shareholders' equity	18.5	74.2	38.0	21.5	14.4	16.2	1.9	28.2