Company Information

  

Address: 1505 ADAMS DRIVE, SUITE D  
City: MENLO PARK 
State: CA 
Zip Code: 94025 
Telephone: 650-889-5020 

Description of Business

Primary SIC Code: 2834
(As filed with the SEC)  

We are a specialty pharmaceutical company focused on utilizing our proprietary drug delivery technologies to develop and commercialize novel prescription products that address large markets in dermatology. Our objective is to develop products that treat health or ageĀ­related conditions that: (1) are not presently being addressed or treated or (2) are currently treated with drug therapies or drug delivery approaches that are subĀ­optimal.  ... More ...  

Per Share Overview

Date 12-mos Rolling EPS Dividend P/E Ratio
07/2017-0.30NAN/E
04/2017-0.43NAN/E
01/2017-0.52NAN/E
10/2016-0.56NAN/E
07/2016-0.59NAN/E
04/2016-0.64NAN/E
01/2016-0.89NAN/E
10/2015-0.98NAN/E

Key Financial Ratios and Statistics

FYE: 01/31

Profitability 2017 Leverage 2017
Net Inc/Comm Equity-0.40Total Liab/Total Assets0.58
Net Inc/Total Assets-2.59Total Liab/Inv Cap1.22
Net Inc/Inv Cap-5.46Total Liab/Comm Equity0.09
Pretax Inc/Net Sales-184.04Interest Coverage RatioNA
Net Inc/Net Sales-184.06Curr Debt/EquityNA
Cash Flow/Net Sales-157.46LTD/EquityNA
SG&A/NetSales78.52Total Debt/EquityNA
Asset Utilization   Liquidity  
Net Receivables Turnover18.18Quick Ratio1.82
Inventory Turnover7.48Current Ratio1.83
Inventory Day Sales0.04Net Rec/Curr Assets0.00
Net Sales/Work Cap0.03Inv/Curr Assets0.01
Net Sales/PP&E0.83  

Income Statement (Millions)

  7/31/2017 4/30/2017 1/31/2017 10/31/2016
Total Revenues(Net Sales) 0.02 0.02 0.02 0.03
Cost of Goods Sold 0.01 0.01 0.45 0.03
Selling & Admin Exps 1.87 2.10 1.81 1.68
Operating Income -4.27 -5.03 -4.77 -4.17
Interest Exp NA NA NA NA
Pretax Income -3.74 -5.40 -5.03 -3.88
Other Income 0.53 -0.36 -0.27 0.29
Net Income Bef Extraordinary ... NA NA NA NA
Net Income -3.74 -5.40 -5.03 -3.88

Balance Sheet (Millions)

Assets 7/31/2017 4/30/2017 1/31/2017 10/31/2016
Cash & Short Term Investments 4.47 6.71 6.50 0.47
Receivables - Total 0.00 0.00 0.00 0.01
Inventories - Total 0.02 0.03 0.04 0.08
Total Current Assets 4.96 6.98 6.83 1.29
Net Property, Plant & Equipment 0.12 0.12 0.12 0.19
Total Assets 5.23 7.25 7.10 1.63
Liabilities        
Accounts Payable 3.84 4.08 3.73 5.02
Debt in Current Liabilities NA NA NA 0.48
Total Current Liabilities 3.84 4.08 3.73 5.50
Long-Term Debt NA NA NA 0.94
Total Liabilities 4.09 4.85 4.13 6.66
Stockholder's Equity        
Minority Interest NA NA NA NA
Preferred Stock 1.52 1.52 1.52 NA
Common Stock 0.08 0.07 0.07 0.03
Retained Earnings -53.78 -50.04 -44.64 -39.61
Treasury Stock NA NA NA NA
Total Stockholders' Equity 1.15 2.40 2.97 -5.04
Total Liabilities and Stockholders' Equity 5.23 7.25 7.10 1.63

Cash Flow Summary (Millions)

Categories 7/31/2017 4/30/2017 1/31/2017 10/31/2016
Net Cash Provided by Operating Activities -4.15 -4.23 -4.96 -3.60
Net Cash Provided by Investing Activities -0.02 -0.01 -0.06 0.04
Net Cash Provided by Financing Activities 1.92 4.44 11.05 3.59

Annual Summary Data (Millions)

Year Sales Net Income EPS
01/20120.00-0.09--
01/20130.00-0.05--
01/20140.00-7.81--
01/20160.06-15.60-0.89
01/20170.10-18.41-0.52
Growth RatesInfinity----

Stock Ownership

Type Date(Q,M) No. Owners Shares Held (000s) % Own
Institutional09/30/172427,33734.31




Report Date : 10/16/2017

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