XML 38 R4.htm IDEA: XBRL DOCUMENT v3.22.0.1
Consolidated Statements of Operations - USD ($)
$ in Thousands
12 Months Ended
Dec. 31, 2021
Dec. 31, 2020
Dec. 31, 2019
Revenues:      
Total revenues $ 137,931 $ 108,095 $ 85,543
Cost of revenues:      
Total cost of revenues 72,311 44,623 36,450
Gross profit 65,620 63,472 49,093
Operating expenses:      
Research and development 90,904 64,695 39,404
Sales and marketing 22,150 17,795 21,364
General and administrative 64,009 41,898 27,040
Total operating expenses 177,063 124,388 87,808
Loss from operations (111,443) (60,916) (38,715)
Other income:      
(Loss) gain on equity investments (1,781) 4,108 943
Change in fair value 11,359 28,263 9,922
Interest income 1,057 2,253 1,878
Total other income 10,635 34,624 12,743
Loss before income taxes (100,808) (26,292) (25,972)
Income tax expense (benefit) 411 345 (291)
Net loss (101,219) (26,637) (25,681)
Net loss attributable to noncontrolling interest (826) (2,174) (1,110)
Net loss attributable to Schrödinger common and limited common stockholders $ (100,393) $ (24,463) $ (24,571)
Net loss per share attributable to Schrödinger common and limited common stockholders, basic and diluted: $ (1.42) $ (0.41) $ (4.09)
Weighted average shares used to compute net loss per share attributable to Schrödinger common and limited common stockholders, basic and diluted: 70,594,950 60,024,658 6,004,500
Software Products and Services      
Revenues:      
Total revenues $ 113,236 $ 92,530 $ 66,735
Cost of revenues:      
Total cost of revenues 26,495 18,003 13,646
Drug Discovery      
Revenues:      
Total revenues 24,695 15,565 18,808
Cost of revenues:      
Total cost of revenues $ 45,816 $ 26,620 $ 22,804