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Tarsus Pharmaceuticals, Inc. TARS Total Operating Expenses

Discontinued — last reported Q4 '23

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Other financials

Income statement

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Revenue$173.9M+69.4%
Gross profit$161.8M+67.8%
Operating income-$19.9M+10.3%
Net income-$18.6M+8.8%
EPS (diluted)-$0.43+10.4%

Balance sheet

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Cash & equivalents$206.6M+108%
Total debt$88.8M+22.6%
Total equity$346.7M+4.2%
Total assets$611.1M+23.5%

Cash flow

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Operating cash flow$61.2M+308%
CapEx$4.1M+306%
Free cash flow$57.2M+288%

Valuation

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Market cap$2.87B+63.9%
Enterprise value$2.75B+59.6%
P/S4.7×-1.2×

Profitability

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Gross margin79.8%
Operating margin-8%-3.5pp
Net margin-7.7%-3.3pp
FCF margin-28%-12.6pp

Returns & leverage

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Return on equity-13.7%-4.9pp
Debt / equity0.3×0.0×
Current ratio3.2×-2.1×

Where this comes from

Reported directly by Tarsus Pharmaceuticals, Inc. in its filing.

Tagged under the XBRL concept us-gaap:OperatingExpenses.

The source filing: Tarsus Pharmaceuticals, Inc.’s 10-K, filed February 27, 2024.

Filed
Feb 27, 2024
Fiscal year
FY2023
Accession
0001819790-24-000018
Line itemYear Ended December 31, 2023Year Ended December 31, 2022
Cost of license fees and collaboration revenue955
Research and development50,31242,624
Selling, general and administrative108,70044,949
Total operating expenses160,60588,528
Loss from operations(143,158)(62,712)
Other income (expense):
Interest income10,3373,499
Interest expense(3,346)(2,199)

Item 8. Financial Statements and Supplementary Data

FAQ

What is Tarsus Pharmaceuticals, Inc.'s total operating expenses?
Tarsus Pharmaceuticals, Inc. (TARS) reported total operating expenses of $40.15M in Q4 2023.
What does total operating expenses mean?
The sum of all operating costs including COGS, SG&A, R&D, D&A, and other operating charges. Revenue minus total operating expenses equals operating income.

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