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Consolidated Balance Sheets - USD ($)
$ in Thousands
Dec. 31, 2022
Dec. 31, 2021
Current assets:    
Cash and cash equivalents $ 30,437 $ 35,202
Restricted cash 5,183 16,500
Short-term investments 1,071 10,207
Accounts receivable, net of chargebacks and other deductions of $29,470 and $22,869, respectively, and provision for credit losses of $9,676 and $9,069, respectively 27,865 22,778
Inventories 42,654 23,068
Prepaid expenses and other current assets 10,578 5,337
Discontinued operations, current portion 7,141 20,303
Total current assets 124,929 133,395
Property and equipment, net 1,824 3,191
Intangible assets, net 72,112 71,896
Operating lease right-of-use assets, net 4,219 5,670
Other assets 804 1,071
Discontinued operations, non-current portion 167 52,225
Total assets 204,055 267,448
Current liabilities:    
Accounts payable 33,682 12,485
Accrued expenses 35,365 23,678
Current portion of operating lease liabilities 2,087 2,478
Current portion of long-term debt and finance lease obligations 37,127 46,076
Current portion of contingent consideration 900  
Discontinued operations, current portion 5,718 11,331
Total current liabilities 114,879 96,048
Long-term liabilities:    
Long-term operating lease liabilities 3,051 4,494
Long-term debt and finance lease obligations 93 95,607
Royalty financing liability 86,745  
Deferred tax liabilities 1,751 1,751
Contingent consideration 18,986 24,076
Other long-term liabilities 2,731 3,046
Discontinued operations, non-current portion   7,974
Total liabilities 228,236 232,996
Commitments and contingencies (Note 20)
Stockholders' equity:    
Common stock, par value $0.001 per share, 25,000,000 and 12,500,000 shares authorized at December 31, 2022 and 2021, respectively; 8,711,696 and 5,590,149 shares issued at December 31, 2022 and 2021, respectively; 8,626,769 and 5,506,503 shares outstanding at December 31, 2022 and 2021, respectively 9 6
Additional paid-in capital 1,017,194 972,509
Accumulated other comprehensive income (loss) 887 (487)
Accumulated deficit (1,016,839) (913,412)
Less: treasury stock, at cost; 84,928 and 83,646 shares at December 31, 2022 and 2021, respectively (7,757) (7,485)
Total Athenex, Inc. stockholders' (deficit) equity (6,506) 51,131
Non-controlling interests (17,675) (16,679)
Total stockholders' (deficit) equity (24,181) 34,452
Total liabilities and stockholders' (deficit) equity $ 204,055 $ 267,448