Sorrento Therapeutics (FRA:8STN) Current Accrued Expense : €91.27 Mil (As of Jun. 2023)

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What is Sorrento Therapeutics Current Accrued Expense?

Sorrento Therapeutics's Current Accrued Expense for the quarter that ended in Jun. 2023 was €91.27 Mil.

Sorrento Therapeutics's quarterly Current Accrued Expense declined from Dec. 2022 (€227.87 Mil) to Mar. 2023 (€69.27 Mil) but then increased from Mar. 2023 (€69.27 Mil) to Jun. 2023 (€91.27 Mil).

Sorrento Therapeutics's annual Current Accrued Expense increased from Dec. 2020 (€32.93 Mil) to Dec. 2021 (€52.64 Mil) and increased from Dec. 2021 (€52.64 Mil) to Dec. 2022 (€227.87 Mil).

Sorrento Therapeutics Current Accrued Expense Historical Data

The historical data trend for Sorrento Therapeutics's Current Accrued Expense can be seen below:

* For Operating Data section: All numbers are indicated by the unit behind each term and all currency related amount are in USD.
* For other sections: All numbers are in millions except for per share data, ratio, and percentage. All currency related amount are indicated in the company's associated stock exchange currency.

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Sorrento Therapeutics Current Accrued Expense Chart

Sorrento Therapeutics Annual Data

Trend

Dec13

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Current Accrued Expense

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20.78

31.18

32.93

52.64

227.87

Sorrento Therapeutics Quarterly Data
	Sep18	Dec18	Mar19	Jun19	Sep19	Dec19	Mar20	Jun20	Sep20	Dec20	Mar21	Jun21	Sep21	Dec21	Mar22	Jun22	Sep22	Dec22	Mar23	Jun23
Current Accrued Expense	Get a 7-Day Free Trial															70.20	89.85	227.87	69.27	91.27

Sorrento Therapeutics Current Accrued Expense Calculation

Current Accrued Expense is the expense incurred during the accounting period, but not required to be paid until a later date. It includes compensation, interest, pensions and all other miscellaneous accruals reported by the company.

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Sorrento Therapeutics (FRA:8STN) Business Description

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SRNEQ:USA

Address

4955 Directors Place, San Diego, CA, USA, 92121

Website

https://www.sorrentotherapeutics.com

Sorrento Therapeutics Inc is a clinical and commercial-stage biopharmaceutical company developing a portfolio of next-generation treatments for three major therapeutic areas: cancer, infectious disease, and pain. Its multimodal, multipronged approach to fighting cancer is made possible by its extensive immuno-oncology platforms, including key assets such as fully human antibodies (G-MAB library), immuno-cellular therapies (DAR-T), antibody-drug conjugates (ADCs), and oncolytic virus (Seprehvec). Sorrento is also developing potential antiviral therapies and vaccines against coronaviruses, including COVI-AMG, COVIDROPS, COVISHIELD, FUJOVEE (Abivertinib), and OQORY (Covi-MSC), and diagnostic test solutions, including COVITRACK and COVIMARK.

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