Sorrento Therapeutics Cash Flow Statement

Financials in millions USD. Fiscal year is January - December.

Millions USD. Fiscal year is Jan - Dec.

Fiscal Year	TTM	FY 2022	FY 2021	FY 2020	FY 2019	FY 2018
Period Ending	Jun '23 Jun 30, 2023	Dec '22 Dec 31, 2022	Dec '21 Dec 31, 2021	Dec '20 Dec 31, 2020	Dec '19 Dec 31, 2019	Dec '18 Dec 31, 2018
Net Income	-548	-572.84	-428.33	-298.46	-292.07	-203.54
Depreciation & Amortization	13.93	13.25	12.46	11.01	10.99	9.12
Other Amortization	5.25	-	-	-	-	0.37
Asset Writedown & Restructuring Costs	46.16	136.46	24.21	42.99	75.3	11.73
Loss (Gain) From Sale of Investments	76.17	83.92	15.01	-	-	-
Loss (Gain) on Equity Investments	18.74	18.43	0.13	5.84	3.91	5.02
Stock-Based Compensation	69.21	74.85	90.19	31.42	12.65	6.21
Other Operating Activities	-48.64	-117.46	7.3	43.86	8.77	53.19
Change in Accounts Receivable	-11.55	-5.68	-2.96	-1.05	-10.62	-1.62
Change in Inventory	0.03	-9.51	-6.28	1.53	-	-
Change in Accounts Payable	33.59	9.87	-3.88	-3.68	10.22	3.58
Change in Unearned Revenue	-110.35	-112.3	-1.02	-0.36	-0.95	-3.26
Change in Other Net Operating Assets	208.22	187.17	11.34	7.36	8.8	7.45
Operating Cash Flow	-234.63	-293.86	-281.82	-159.54	-173	-111.77
Capital Expenditures	-8.59	-13.66	-8.87	-6.53	-11.44	-21.2
Cash Acquisitions	3.55	-6.54	-0.75	-	-26.73	-
Sale (Purchase) of Intangibles	-8.32	-8.32	-35.3	-33.4	-	-
Investment in Securities	1.77	-	124.77	-	-	-
Investing Cash Flow	-11.58	-28.52	79.85	-39.92	-38.17	-21.2
Short-Term Debt Issued	-	96.07	49.74	18.59	8	21.26
Long-Term Debt Issued	-	3.38	-	-	17.41	263.38
Total Debt Issued	160.34	99.45	49.74	18.59	25.41	284.65
Long-Term Debt Repaid	-	-188.31	-85.66	-205.56	-3.07	-42.47
Net Debt Issued (Repaid)	78.08	-88.87	-35.91	-186.98	22.34	242.18
Issuance of Common Stock	155.68	403.53	217.25	416.22	56.55	83.82
Other Financing Activities	12.84	-2.95	-	-55	-	-
Financing Cash Flow	246.59	311.72	181.33	174.24	78.89	326
Foreign Exchange Rate Adjustments	-0.97	-2.37	0.84	0.92	-0.28	-0.14
Net Cash Flow	-0.6	-13.03	-19.8	-24.31	-132.56	192.9
Free Cash Flow	-243.21	-307.51	-290.69	-166.06	-184.44	-132.96
Free Cash Flow Margin	-378.42%	-489.37%	-549.47%	-415.31%	-586.78%	-627.39%
Free Cash Flow Per Share	-0.48	-0.73	-0.99	-0.72	-1.31	-1.25
Cash Interest Paid	3.17	1.17	1.06	3.42	12.74	1.62
Cash Income Tax Paid	0.09	0.03	1.2	-	0.01	0.01
Levered Free Cash Flow	-57.53	25.73	-167.98	-126.73	-131.79	-161.63
Unlevered Free Cash Flow	-58.52	31.09	-161.59	-114.13	-109.88	-125.61
Change in Working Capital	132.56	69.55	-2.79	3.8	7.45	6.14

Updated Aug 14, 2023. Source: S&P Global Market Intelligence. Standard template. Financial Sources.