0000000000-20-006597.txt : 20200916 0000000000-20-006597.hdr.sgml : 20200916 20200720162328 ACCESSION NUMBER: 0000000000-20-006597 CONFORMED SUBMISSION TYPE: UPLOAD PUBLIC DOCUMENT COUNT: 2 FILED AS OF DATE: 20200720 FILED FOR: COMPANY DATA: COMPANY CONFORMED NAME: CYTOKINETICS INC CENTRAL INDEX KEY: 0001061983 STANDARD INDUSTRIAL CLASSIFICATION: PHARMACEUTICAL PREPARATIONS [2834] IRS NUMBER: 943291317 FISCAL YEAR END: 1231 FILING VALUES: FORM TYPE: UPLOAD BUSINESS ADDRESS: STREET 1: 280 EAST GRAND AVENUE STREET 2: . CITY: SOUTH SAN FRANCISCO STATE: CA ZIP: 94080 BUSINESS PHONE: (650) 624-3000 MAIL ADDRESS: STREET 1: 280 EAST GRAND AVENUE CITY: SOUTH SAN FRANCISCO STATE: CA ZIP: 94080 PUBLIC REFERENCE ACCESSION NUMBER: 0001564590-20-008694 LETTER 1 filename1.pdf begin 644 filename1 M)5!$1BTQ+C4*)>+CS],*,2 P(&]B:@H\/"]4>7!E+UA/8FIE8W0O0V]L;W)3 M<&%C92]$979I8V5',Z%$;3 BU,"VEA6J % M6J %6J %6J %6J %6O ]*WOEK(,D*\X#9H:[]P]6<&19EAU+^GP>RR(B(B(B M(B(B(B(B(B(B(B(B(B(B(B(B(B(B(B(B(B(B(B+_-A\?'^_O[V]O;Z^OKR\' MGI^?GP[$AY="%(AB43AV^=.M%A$1$1$1$9$?2,H4S\_/CX^/]_?WOP[<'=E- MR6+L]?OW[ZCAZ>GI]?5504-$1$1$1$1$+N;M[>WIZ>GAX6&_WS<"Q:]?O^[O M[^.KQW.(\K]__VZJBLJ1,EY>7M0Q1$1$1$1$1&3"Q\<'QA6_?__&K *98K_? 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Form 10-K for the Fiscal Year Ended December 31, 2019 Filed March 4, 2020 File No. 000-50633 Dear Mr. Jaw: We have limited our review of your filing to the financial statements and related disclosures and have the following comments. In some of our comments, we may ask you to provide us with information so we may better understand your disclosure. Please respond to these comments within ten business days by providing the requested information or advise us as soon as possible when you will respond. If you do not believe our comments apply to your facts and circumstances, please tell us why in your response. After reviewing your response to these comments, we may have additional comments. Form 10-K for the Fiscal Year Ended December 31, 2019 General 1. We note that on March 3, 2020 and May 6, 2020 you posted your earnings releases on your website. Please tell us why these earnings releases were not filed in accordance with Item 2.02 of Form 8-K. Note 4 - Fair Value Measurements, page 73 2. We note that the fair value of the liability related to the sale of future royalties is based on your current estimates of future royalties expected to be paid and are considered Level 3 inputs in the fair value hierarchy. Please revise future filings to disclose the following or tell us why such disclosure is not required: Quantitative information about the significant unobservable inputs used in the fair value measurement of the liability; Ching Jaw Cytokinetics, Inc. July 20, 2020 Page 2 Reconciliation of the beginning and ending balances for recurring fair value measurements categorized within Level 3; Narrative description of the sensitivity of the fair value measurement to changes in the unobservable inputs. Refer to ASC 820-10-50-2(bbb)(2), 50-2(c), and 50-2(g) respectively. In closing, we remind you that the company and its management are responsible for the accuracy and adequacy of their disclosures, notwithstanding any review, comments, action or absence of action by the staff. You may contact Lynn Dicker at (202) 551-3616 or Kevin Kuhar, Accounting Branch Chief, at (202) 551-3662 with any questions. FirstName LastNameChing Jaw Sincerely, Comapany NameCytokinetics, Inc. Division of Corporation Finance July 20, 2020 Page 2 Office of Life Sciences FirstName LastName