Company research
DURECT CORP
CIK 1082038Updated Sep 26, 2026
Filing activity
Latest filing
50 filings on record · 15-12G, 4/A, EFFECT, 4, S-8 POS, POS AM.
Recent filings
Financials
FY 2024 · USDSource
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balance sheet · annual statements
| Line item | FY 2024 | FY 2023 | FY 2022 | FY 2021 |
|---|---|---|---|---|
| ASSETS | ||||
| AssetsUSD | 18,349,000Source | 45,189,000Source | 60,100,000Source | 91,990,000Source |
| Property, Plant and Equipment, NetUSD | 41,000Source | 91,000Source | 188,000Source | 227,000Source |
| GoodwillUSD | 2,725,000Source | 6,169,000Source | 6,169,000Source | 6,169,000Source |
| Current assets: | ||||
| Cash and Cash Equivalents, at Carrying ValueUSD | 11,011,000Source | 28,400,000Source | 43,483,000Source | 49,844,000Source |
| Accounts Receivable, after Allowance for Credit Loss, CurrentUSD | 453,000Source | 1,261,000Source | 3,423,000Source | 6,477,000Source |
| Inventory, NetUSD | 106,000Source | 2,219,000Source | 2,113,000Source | 1,870,000Source |
| Assets, CurrentUSD | 13,175,000Source | 34,671,000Source | 51,394,000Source | 81,737,000Source |
| Prepaid Expense and Other Assets, CurrentUSD | 813,000Source | 1,511,000Source | 2,375,000Source | 3,580,000Source |
| Operating Lease, Right-of-Use AssetUSD | 2,135,000Source | 3,980,000Source | 1,943,000Source | 3,446,000Source |
| Other Assets, NoncurrentUSD | 123,000Source | 128,000Source | 256,000Source | 261,000Source |
| LIABILITIES AND EQUITY | ||||
| Stockholders’ equity: | ||||
| Common Stock, Value, IssuedUSD | 23,000Source | 23,000Source | 23,000Source | 23,000Source |
| Retained Earnings (Accumulated Deficit)USD | -597,330,000Source | -589,006,000Source | -561,382,000Source | -526,049,000Source |
| Accumulated Other Comprehensive Income (Loss), Net of TaxUSD | -1,000Source | -14,000Source | -13,000Source | -10,000Source |
| Stockholders' Equity Attributable to ParentUSD | 9,131,000Source | 14,783,000Source | 24,985,000Source | 57,782,000Source |
| Additional Paid in Capital, Common StockUSD | 606,439,000Source | 603,780,000Source | 586,357,000Source | 583,818,000Source |
| Liabilities and EquityUSD | 18,349,000Source | 45,189,000Source | 60,100,000Source | 91,990,000Source |
| Current liabilities: | ||||
| Liabilities, CurrentUSD | 7,710,000Source | 27,011,000Source | 34,004,000Source | 10,056,000Source |
| Operating Lease, Liability, CurrentUSD | 1,082,000Source | 1,381,000Source | 1,832,000Source | 1,848,000Source |
| Accounts Payable, CurrentUSD | 309,000Source | 1,777,000Source | 3,106,000Source | 1,311,000Source |
| Operating Lease, Liability, NoncurrentUSD | 1,124,000Source | 2,702,000Source | 260,000Source | 1,824,000Source |
| Other Liabilities, NoncurrentUSD | 384,000Source | 693,000Source | 851,000Source | 884,000Source |
| Additional Financial Items | ||||
| Accrued Liabilities, CurrentUSD | 4,771,000Source | 5,966,000Source | 7,896,000Source | 6,799,000Source |
| Deferred Tax Liabilities, NetUSD | 0Source | 244,000Source | 244,000Source | 244,000Source |
| Long-term DebtUSD | — | 16,663,000Source | 21,170,000Source | 20,632,000Source |
| Long-term Debt, Current MaturitiesUSD | 0Source | 16,663,000Source | 21,170,000Source | — |
| Long-term Debt, Excluding Current MaturitiesUSD | — | — | — | 20,632,000Source |
cash flow · annual statements
| Line item | FY 2024 | FY 2023 | FY 2022 | FY 2021 |
|---|---|---|---|---|
| Cash flows from operating activities: | ||||
| Net Income (Loss), Including Portion Attributable to Noncontrolling InterestUSD | -8,324,000Source | -27,624,000Source | -35,333,000Source | -36,265,000Source |
| Adjustments to reconcile net income to net cash provided by operating activities: | ||||
| Depreciation, Depletion and AmortizationUSD | 84,000Source | 31,000Source | 119,000Source | 288,000Source |
| Share-based Payment Arrangement, Noncash ExpenseUSD | 1,995,000Source | 2,538,000Source | 2,457,000Source | 2,688,000Source |
| Changes in operating assets and liabilities: | ||||
| Increase (Decrease) in Accounts ReceivableUSD | -371,000Source | -2,162,000Source | -3,054,000Source | 5,440,000Source |
| Increase (Decrease) in InventoriesUSD | 214,000Source | 107,000Source | 245,000Source | 4,000Source |
| Increase (Decrease) in Accounts PayableUSD | -1,380,000Source | -1,329,000Source | 1,795,000Source | -367,000Source |
| Deferred Income Tax Expense (Benefit)USD | — | — | — | 0Source |
| Net Cash Provided by (Used in) Operating ActivitiesUSD | -19,086,000Source | -34,414,000Source | -26,280,000Source | -37,311,000Source |
| Cash flows from investing activities: | ||||
| Net Cash Provided by (Used in) Investing ActivitiesUSD | 18,044,000Source | -1,166,000Source | 19,836,000Source | 15,311,000Source |
| Payments to Acquire Property, Plant, and EquipmentUSD | 0Source | 52,000Source | 111,000Source | 194,000Source |
| Cash flows from financing activities: | ||||
| Net Cash Provided by (Used in) Financing ActivitiesUSD | -16,347,000Source | 20,497,000Source | 83,000Source | 50,532,000Source |
| Repayments of Long-term DebtUSD | — | — | — | 713,000Source |
| Cash, Cash Equivalents, Restricted Cash and Restricted Cash EquivalentsUSD | 11,161,000Source | 28,550,000Source | 43,633,000Source | 49,994,000Source |
| Supplemental disclosure of cash flow information: | ||||
| Interest Paid, Excluding Capitalized Interest, Operating ActivitiesUSD | 1,407,000Source | 2,332,000Source | 1,800,000Source | 1,617,000Source |
| Additional Financial Items | ||||
| Share-based Payment Arrangement, ExpenseUSD | 1,920,000Source | 2,538,000Source | 2,457,000Source | 2,688,000Source |
| Amortization of Debt Issuance CostsUSD | — | 439,000Source | 479,000Source | 451,000Source |
| DepreciationUSD | 49,000Source | 148,000Source | 150,000Source | 132,000Source |
| Discontinued Operation, Gain (Loss) on Disposal of Discontinued Operation, Net of TaxUSD | 11,539,000Source | — | — | — |
| Discontinued Operation, Income (Loss) from Discontinued Operation During Phase-out Period, Net of TaxUSD | -1,693,000Source | — | — | — |
| Gain (Loss) on Disposition of Property Plant EquipmentUSD | — | -112,000Source | — | 11,000Source |
| Gain (Loss) on Extinguishment of DebtUSD | -130,000Source | — | — | — |
| GoodwillUSD | 2,725,000Source | 6,169,000Source | 6,169,000Source | 6,169,000Source |
| Income (Loss) from Continuing Operations, Net of Tax, Including Portion Attributable to Noncontrolling InterestUSD | -18,414,000Source | — | -35,333,000Source | -36,265,000Source |
| Income (Loss) from Discontinued Operations, Net of Tax, Including Portion Attributable to Noncontrolling InterestUSD | 10,090,000Source | — | — | — |
| Income (Loss) from Discontinued Operations, Net of Tax, Attributable to ParentUSD | 10,090,000Source | — | — | — |
| Income Tax Expense (Benefit)USD | 0Source | 0Source | — | — |
| Net Income (Loss) Attributable to ParentUSD | -8,324,000Source | -27,624,000Source | -35,333,000Source | -36,265,000Source |
| Nonoperating Income (Expense)USD | 498,000Source | 9,260,000Source | -251,000Source | -1,992,000Source |
| Proceeds from Issuance of Common StockUSD | 648,000Source | 1,564,000Source | 25,000Source | 47,660,000Source |
| Proceeds from Maturities, Prepayments and Calls of Debt Securities, Available-for-saleUSD | 3,500,000Source | 5,000,000Source | 19,947,000Source | 48,830,000Source |
| Realized Investment Gains (Losses)USD | 0Source | 0Source | 0Source | 0Source |
income statement · annual statements
| Line item | FY 2024 | FY 2023 | FY 2022 | FY 2021 |
|---|---|---|---|---|
| Total RevenueUSD | 2,031,000Source | 8,548,000Source | 19,283,000Source | 13,977,000Source |
| Cost of RevenueUSD | 78,000Source | 1,717,000Source | 1,588,000Source | 1,955,000Source |
| Gross Profit (Calculated) · Derived | — | — | — | — |
| Selling, General and Administrative ExpenseUSD | 10,482,000Source | 14,364,000Source | 15,915,000Source | 14,449,000Source |
| Operating Income (Loss)USD | -18,912,000Source | -36,884,000Source | -35,082,000Source | -34,273,000Source |
| Income Tax Expense (Benefit)USD | 0Source | 0Source | — | — |
| Net Income (Loss) Attributable to ParentUSD | -8,324,000Source | -27,624,000Source | -35,333,000Source | -36,265,000Source |
| Earnings Per Share, BasicUSD per share | -0.27Source | -1.05Source | -1.55Source | -0.16Source |
| Earnings Per Share, DilutedUSD per share | -0.27Source | -1.2Source | -1.55Source | -0.16Source |
| Weighted Average Number of Shares Outstanding, Basicshares | 30,940,000Source | 26,256,000Source | 22,777,000Source | 225,047,000Source |
| Weighted Average Number of Shares Outstanding, Dilutedshares | 30,940,000Source | 26,520,000Source | 22,777,000Source | — |
| Additional Financial Items | ||||
| Costs and ExpensesUSD | 20,943,000Source | 45,432,000Source | 54,365,000Source | 48,250,000Source |
| Discontinued Operation, Income (Loss) from Discontinued Operation During Phase-out Period, Net of TaxUSD | -1,693,000Source | — | — | — |
| Income (Loss) from Continuing Operations, Net of Tax, Including Portion Attributable to Noncontrolling InterestUSD | -18,414,000Source | — | -35,333,000Source | -36,265,000Source |
| Income (Loss) from Continuing Operations, Per Basic ShareUSD per share | -0.6Source | — | -1.55Source | -0.16Source |
| Income (Loss) from Continuing Operations, Per Diluted ShareUSD per share | -0.6Source | — | -1.55Source | — |
| Income (Loss) from Discontinued Operations, Net of Tax, Including Portion Attributable to Noncontrolling InterestUSD | 10,090,000Source | — | — | — |
| Income (Loss) from Discontinued Operations, Net of Tax, Attributable to ParentUSD | 10,090,000Source | — | — | — |
| Interest ExpenseUSD | — | — | 2,399,000Source | 2,148,000Source |
| Nonoperating Income (Expense)USD | 498,000Source | 9,260,000Source | -251,000Source | -1,992,000Source |
| Realized Investment Gains (Losses)USD | 0Source | 0Source | 0Source | 0Source |
| Research and Development ExpenseUSD | 10,383,000Source | 29,351,000Source | 36,862,000Source | 31,846,000Source |