UNITED STATES
SECURITIES AND EXCHANGE COMMISSION
Washington, D.C. 20549
Form 10-Q
☒ | QUARTERLY REPORT PURSUANT TO SECTION 13 OR 15(d) OF THE SECURITIES EXCHANGE ACT OF 1934 |
For the quarterly period ended June 30, 2018
Or
☐ | TRANSITION REPORT PURSUANT TO SECTION 13 OR 15(d) OF THE SECURITIES EXCHANGE ACT OF 1934 |
For the transition period from to .
Commission file number: 000-50865
MannKind Corporation
(Exact name of registrant as specified in its charter)
Delaware | 13-3607736 |
(State or other jurisdiction of incorporation or organization) | (I.R.S. Employer Identification No.) |
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30930 Russell Ranch Road, Suite 301 Westlake Village, California | 91362 |
(Address of principal executive offices) | (Zip Code) |
(818) 661-5000
(Registrant's telephone number, including area code)
Indicate by check mark whether the registrant (1) has filed all reports required to be filed by Section 13 or 15(d) of the Securities Exchange Act of 1934 during the preceding 12 months (or for such shorter period that the registrant was required to file such reports), and (2) has been subject to such filing requirements for the past 90 days. Yes ☒ No ☐
Indicate by check mark whether the registrant has submitted electronically and posted on its corporate Web site, if any, every Interactive Data File required to be submitted and posted pursuant to Rule 405 of Regulation S-T during the preceding 12 months (or for such shorter period that the registrant was required to submit and post such files). Yes ☒ No ☐
Indicate by check mark whether the registrant is a large accelerated filer, an accelerated filer, a non-accelerated filer, smaller reporting company, or an emerging growth company. See the definitions of "large accelerated filer," "accelerated filer," "smaller reporting company" and "emerging growth company" in Rule 12b-2 of the Exchange Act.
Large accelerated filer | ☐ | Accelerated filer | ☒ |
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Non-accelerated filer | ☐ (Do not check if a smaller reporting company) | Smaller reporting company | ☐ |
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| Emerging growth company | ☐ |
If an emerging growth company, indicate by check mark if the registrant has elected not to use the extended transition period for complying with any new or revised financial accounting standards provided pursuant to Section 13(a) of the Exchange Act. ☐
Indicate by check mark whether the registrant is a shell company (as defined in Rule 12b-2 of the Act). Yes ☐ No ☒
As of July 17, 2018, there were 152,988,367 shares of the registrant's common stock, $0.01 par value per share, outstanding.
MANNKIND CORPORATION
Form 10-Q
For the Quarterly Period Ended June 30, 2018
TABLE OF CONTENTS
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PART I: FINANCIAL INFORMATION | 2 |
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Item 1. Financial Statements (Unaudited) | 2 |
Condensed Consolidated Balance Sheets: June 30, 2018 and December 31, 2017 | 2 |
Condensed Consolidated Statements of Operations: Three and six months ended June 30, 2018 and 2017 | 3 |
Condensed Consolidated Statements of Comprehensive Loss: Three and six months ended June 30, 2018 and 2017 | 4 |
Condensed Consolidated Statements of Cash Flows: Six months ended June 30, 2018 and 2017 | 5 |
Notes to Condensed Consolidated Financial Statements | 6 |
Item 2. Management's Discussion and Analysis of Financial Condition and Results of Operations | 30 |
Item 3. Quantitative and Qualitative Disclosures About Market Risk | 40 |
Item 4. Controls and Procedures | 40 |
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PART II: OTHER INFORMATION | 41 |
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Item 1. Legal Proceedings | 41 |
Item 1A. Risk Factors | 41 |
Item 2. Unregistered Sales of Equity Securities and Use of Proceeds | 63 |
Item 3. Defaults Upon Senior Securities | 63 |
Item 4. Mine Safety Disclosures | 63 |
Item 5. Other Information | 63 |
Item 6. Exhibits | 63 |
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SIGNATURES | 66 |
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