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Re: DewDiligence post# 217664

Wednesday, 05/09/2018 6:50:03 PM

Wednesday, May 09, 2018 6:50:03 PM

Post# of 251752
RVNC’s pro forma cash at 3/31/18=$253.1M, a decrease of $36.2M since 12/31/17 (#msg-139013481).

The $253.1M figure consists of: $273.8M of current assets on the 3/31/18 balance sheet (https://www.sec.gov/Archives/edgar/data/1479290/000147929018000067/rvncq11810q.htm#s8614E55FD510A3018FE96E3D15AB0DEC ); less $20.7M of current and non-current liabilities on the 3/31/18 balance sheet—excluding the “deferred revenue” lines and the “Medicis derivative” line, which are accounting artifacts rather than bona fide liabilities.

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