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AVADEL PHARMACEUTICALS PLC (AVDL)

Income Statement

Standardized | As Reported Annual | Quarterly | TTM
  Older >>
In millions, except per share itemsDec-31-21Dec-31-20Dec-31-19Dec-31-18Dec-31-17Dec-31-16Dec-31-15Dec-31-14
   10-K10-K10-K10-K10-K10-K10-K10-K
Net product revenue   22.359.2103.3173.2150.2173.015.0
            Net product revenue growth  -100.0%-62.3%-42.7%-40.4%15.3%-13.2%1055.3%258.3%
Cost of products sold   5.712.117.516.313.211.43.4
   
Operating expenses:          
Research and development expenses  17.120.432.939.333.434.625.617.3
Selling, general and administrative expenses  68.532.430.2100.458.944.221.715.7
Restructuring expense      2.5   
    Total operating expense  171.178.883.3208.283.7155.2102.3108.6
    Operating loss  -85.55.8-24.1-104.989.5-5.070.8-93.7
            Operating margin   26.0%-40.7%-101.6%51.7%-3.3%40.9%-625.4%
Investment and other income, net  2.10.81.10.52.12.81.20.9
Interest expense     -10.6-1.1-1.0 -5.7
    Loss before income taxes  -93.1-5.1-38.6     
Income tax provision (benefit)  -15.8-12.1-5.4-17.924.431.635.9-0.6
    Net loss  -77.37.0-33.2-95.368.3-41.341.8-85.5
   
Net loss per share - basic (in dollars per share)  ($1.32)$0.13($0.89)($2.55)$1.69($1.00)$1.03($2.36)
Net loss per share - diluted (in dollars per share)  ($1.32)$0.13($0.89)($2.55)$1.63($1.00)$0.96($2.36)
   
Weighted average number of shares outstanding - basic (in shares)  58.553.037.437.340.541.240.636.2
Weighted average number of shares outstanding - diluted (in shares)  58.554.937.437.341.841.243.636.2

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