See more : Investor AB (publ) (IVSXF) Income Statement Analysis – Financial Results
Complete financial analysis of Novan, Inc. (NOVN) income statement, including revenue, profit margins, EPS and key performance metrics. Get detailed insights into the financial performance of Novan, Inc., a leading company in the Biotechnology industry within the Healthcare sector.
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Novan, Inc. (NOVN)
About Novan, Inc.
Novan, Inc., a pre-commercial nitric oxide-based pharmaceutical company, focuses on dermatology and anti-infective therapies. Its clinical stage dermatology drug candidates include SB204, a topical monotherapy for the treatment of acne vulgaris; SB206, a topical anti-viral gel for the treatment of viral skin infections; SB208, a topical broad-spectrum anti-fungal gel for the treatment of fungal infections of the skin and nails, including athlete's foot and fungal nail infections; and SB414, a topical cream-based gel product candidate for the treatment of inflammatory skin diseases. The company also develops SB207, an anti-viral product candidate for the treatment of external genital warts; WH602, a nitric oxide-containing intravaginal gel to treat high-risk human papilloma virus (HPV); WH504, a non-gel formulation product candidate to treat high-risk HPV; and SB019 for the treatment of SARS-CoV-2. Novan, Inc. has a license agreement with Sato Pharmaceutical Co., Ltd.; and a strategic alliance with Orion Corporation. Novan, Inc. was incorporated in 2006 and is headquartered in Durham, North Carolina.
| Metric | 2022 | 2021 | 2020 | 2019 | 2018 | 2017 | 2016 | 2015 | 2014 |
|---|---|---|---|---|---|---|---|---|---|
| Revenue | 23.61M | 2.82M | 4.21M | 4.48M | 5.99M | 2.14M | 0.00 | 0.00 | 112.00K |
| Cost of Revenue | 7.38M | 0.00 | 0.00 | 25.17M | 23.05M | 0.00 | 0.00 | 0.00 | 0.00 |
| Gross Profit | 16.23M | 2.82M | 4.21M | -20.70M | -17.05M | 2.14M | 0.00 | 0.00 | 112.00K |
| Gross Profit Ratio | 68.74% | 100.00% | 100.00% | -462.25% | -284.66% | 100.00% | 0.00% | 0.00% | 100.00% |
| Research & Development | 15.99M | 20.42M | 19.81M | 25.17M | 23.05M | 25.21M | 46.49M | 16.57M | 6.77M |
| General & Administrative | 0.00 | 12.34M | 11.27M | 10.41M | 11.51M | 0.00 | 13.34M | 0.00 | 0.00 |
| Selling & Marketing | 0.00 | 0.00 | 0.00 | 0.00 | 0.00 | 0.00 | 0.00 | 0.00 | 0.00 |
| SG&A | 34.10M | 12.34M | 11.27M | 10.41M | 11.51M | 13.11M | 13.34M | 9.27M | 5.17M |
| Other Expenses | 1.53M | -136.00K | -712.00K | -419.00K | 72.00K | 0.00 | 127.00K | 0.00 | 0.00 |
| Operating Expenses | 51.62M | 32.62M | 30.37M | 35.17M | 34.55M | 38.33M | 59.83M | 25.83M | 11.94M |
| Cost & Expenses | 59.00M | 32.62M | 30.37M | 35.17M | 34.55M | 38.33M | 59.83M | 25.83M | 11.94M |
| Interest Income | 53.00K | 13.00K | 51.00K | 177.00K | 297.00K | 0.00 | 81.00K | 48.00K | 58.00K |
| Interest Expense | 1.45M | 0.00 | 0.00 | 2.00K | 1.05M | 0.00 | 2.00K | 1.00K | 701.00K |
| Depreciation & Amortization | 1.63M | -384.00K | 6.14M | 2.35M | 1.66M | 1.42M | 757.00K | 631.00K | 462.00K |
| EBITDA | -33.76M | -30.30M | -24.07M | -28.34M | -26.53M | -33.82M | -59.83M | -25.16M | -11.31M |
| EBITDA Ratio | -142.99% | -1,073.67% | -572.10% | -633.06% | -442.80% | -1,580.37% | 0.00% | 0.00% | -10,096.43% |
| Operating Income | -35.39M | -29.92M | -30.21M | -30.69M | -28.56M | -36.19M | -59.83M | -25.83M | -11.83M |
| Operating Income Ratio | -149.90% | -1,060.06% | -718.01% | -685.46% | -476.73% | -1,690.89% | 0.00% | 0.00% | -10,560.71% |
| Total Other Income/Expenses | 4.08M | 223.00K | 921.00K | 47.00K | 0.00 | -942.00K | 127.00K | 48.00K | -1.28M |
| Income Before Tax | -31.31M | -29.69M | -29.29M | -30.64M | -12.67M | -37.13M | -59.70M | -25.79M | -13.10M |
| Income Before Tax Ratio | -132.62% | -1,052.16% | -696.13% | -684.41% | -211.53% | -1,734.91% | 0.00% | 0.00% | -11,699.11% |
| Income Tax Expense | -11.75M | -855.00K | 870.00K | 138.00K | -15.89M | 942.00K | -757.00K | 2.28M | -1.01M |
| Net Income | -19.56M | -28.84M | -30.16M | -30.78M | -12.67M | -37.13M | -59.70M | -28.06M | -11.39M |
| Net Income Ratio | -82.85% | -1,021.86% | -716.80% | -687.49% | -211.53% | -1,734.91% | 0.00% | 0.00% | -10,167.86% |
| EPS | -0.89 | -1.69 | -3.05 | -11.72 | -4.91 | -23.23 | -99.73 | -25.11 | -10.19 |
| EPS Diluted | -0.89 | -1.69 | -3.05 | -11.72 | -4.91 | -23.23 | -99.73 | -25.11 | -10.19 |
| Weighted Avg Shares Out | 22.02M | 17.07M | 9.88M | 2.63M | 2.58M | 1.60M | 598.60K | 1.12M | 1.12M |
| Weighted Avg Shares Out (Dil) | 22.02M | 17.07M | 9.88M | 2.63M | 2.58M | 1.60M | 598.60K | 1.12M | 1.12M |
Novan Regains Compliance with Nasdaq Minimum Bid Price Requirement
NOVN Stock Price Increases Over 12% Pre-Market: Why It Happened
SHAREHOLDER ALERT: Purcell Julie & Lefkowitz LLP Is Investigating Novan, Inc. for Potential Breaches Of Fiduciary Duty By Its Board of Directors
Novan to Present at the H.C. Wainwright BioConnect 2021 Virtual Conference
Novan Engages Catalent to Develop Intranasal Formulation of Berdazimer Sodium for COVID-19 Program
SHAREHOLDER ALERT: Purcell Julie & Lefkowitz LLP Is Investigating Novan, Inc. for Potential Breaches Of Fiduciary Duty By Its Board of Directors
Novan Receives Approval to Transfer to Nasdaq Capital Market
Novan Reports Third Quarter 2020 Financial Results and Provides Corporate Update
Mid-Afternoon Market Update: Dow Tumbles Over 100 Points; Allscripts Healthcare Solutions Shares Jump
U.S. stocks mixed at close of trade; Dow Jones Industrial Average up 0.60%
Source: https://incomestatements.info
Category: Stock Reports