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Athersys Inc (ATHXQ)

Athersys Inc (ATHXQ)
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Athersys, Inc., a late stage biotechnology company, focuses on the research and development activities in the field of regenerative medicine. Its clinical development programs are focused primarily on treating critical care indications neurological conditions, cardiovascular diseases, inflammatory and immune disorders, pulmonary and other conditions. The company's lead platform product is MultiStem cell therapy, an `off the shelf` allogeneic stem cell product currently in Phase 3 clinical development for treating ischemic stroke. Based on promising Phase 2 results, this program has received Fast Track and RMAT (equivalent to Breakthrough Therapy for regenerative medicine treatments) designations from the FDA, as well as similar designations in Japan. The company also has an ongoing Phase II clinical study for treating patients with acute myocardial infarction; a planned Phase II for trauma (supported by the DOD).

Fiscal Year End Date: 12/31

(Values in U.S. Thousands) Dec, 2022 Dec, 2021 Dec, 2020 Dec, 2019 Dec, 2018
Sales 5,330 5,510 1,440 5,630 24,290
Sales Growth -3.27% +282.64% -74.42% -76.82% +554.72%
Net Income -72,530 -86,960 -78,760 -44,580 -24,280
Net Income Growth +16.59% -10.41% -76.67% -83.61% +24.69%
(Values in U.S. Thousands) Dec, 2022 Dec, 2021 Dec, 2020 Dec, 2019 Dec, 2018
Total Assets 27,730 60,180 59,710 41,670 61,730
Total Assets Growth -53.92% +0.79% +43.29% -32.50% +83.77%
Total Liabilities 51,580 43,820 28,350 18,400 18,610
Total Liabilities Growth +17.71% +54.57% +54.08% -1.13% +82.09%
(Values in U.S. Thousands) Dec, 2022 Dec, 2021 Dec, 2020 Dec, 2019 Dec, 2018
Operating Cash Flow -58,950 -76,190 -61,810 -35,330 -13,350
Operating Cash Flow Growth +22.63% -23.26% -74.95% -164.64% +44.42%
Net Cash Flow -28,370 -14,140 16,510 -16,020 21,740
Change in Net Cash Flow -100.64% -185.65% +203.06% -173.69% +49.31%
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