Absci Corp (ABSI) Financial Statements (2026 and earlier)

Company Profile

Business Address 18105 SE MILL PLAIN BLVD
VANCOUVER, WA 98683
State of Incorp.
Fiscal Year End December 31
Industry (SIC) 8731 - Commercial Physical and Biological Research (benchmarking)
More info Complete Financial Analysis Financial Benchmarking

Balance Sheet (Statement of Financial Position) ($ in thousands)
Annual | Quarterly

3/31/2026
MRQ
12/31/2025
12/31/2024
12/31/2023
12/31/2022
12/31/2021
ASSETS
Current Assets
Cash, cash equivalents, and short-term investments144,29241,21372,36259,955252,569
Cash and cash equivalent20,02541,21372,36259,955252,569
Short-term investments124,267    
Receivables   2,1891,5501,425
Asset, held-for-sale, not part of disposal group 100700300  
Debt securities, available-for-sale, amortized cost, excluding accrued interest, after allowance for credit loss✕✕✕25,297104,476 
Other undisclosed current assets5,18191,91820,43020,88219,085
Total current assets:149,573133,831120,578186,863273,079
Noncurrent Assets
Finance lease, right-of-use asset, after accumulated amortization   4,3007,000 
Operating lease, right-of-use asset2,9143,9684,4905,3196,538
Property, plant, and equipment, after accumulated depreciation, depletion, and amortization     58,495
Long-term investments and receivables11,800    
Long-term investments11,800    
Intangible asset, including goodwill, after accumulated amortization41,51444,88348,25372,95776,327
Goodwill    21,33521,335
Intangible asset, excluding goodwill, after accumulated amortization41,51444,88348,25351,62254,992
Restricted cash and investments1,0531,0541,1121,86416,844
Other noncurrent assets3837051,5371,2821,293
Other undisclosed noncurrent assets9,06029,16737,02845,723(6,381)
Total noncurrent assets:66,72479,77796,720134,145153,116
TOTAL ASSETS:216,297213,608217,298321,008426,195
LIABILITIES AND EQUITY
Liabilities
Current Liabilities
Accounts payable and accrued liabilities, including:19,34810,37120,80622,89325,819
Accounts payable2,7563,5291,5032,4128,385
Accrued liabilities6,6156,84219,30320,48117,434
Other undisclosed accounts payable and accrued liabilities9,977    
Deferred revenue7391,1163,1744451,353
Debt8732,8113,8995,2425,185
Business combination, contingent consideration, liability  12,750   
Other undisclosed current liabilities1,8051,6081,6791,6901,502
Total current liabilities:22,76528,65629,55830,27033,859
Noncurrent Liabilities
Long-term debt and lease obligation  1,2574,7368,73413,324
Long-term debt, excluding current maturities  1,2574,6607,9841,124
Finance lease, liability   767503,231
Liabilities, other than long-term debt4,0834,5626,8287,59012,905
Deferred revenue436 966  
Deferred income tax liabilities   186238743
Other liabilities1,023133333512,162
Operating lease, liability2,6244,4295,6437,3178,969
Total noncurrent liabilities:4,0835,81911,56416,32426,229
Total liabilities:26,84834,47541,12246,59460,088
Equity
Equity, attributable to parent189,449179,133176,176274,414366,107
Common stock1512999
Additional paid in capital813,627688,726582,699570,454557,136
Accumulated other comprehensive income (loss)591(4)(37)(120)(13)
Accumulated deficit(624,784)(509,601)(406,495)(295,929)(191,025)
Total equity:189,449179,133176,176274,414366,107
TOTAL LIABILITIES AND EQUITY:216,297213,608217,298321,008426,195

Income Statement (P&L) ($ in thousands)
Annual | Quarterly

3/31/2026
TTM
12/31/2025
12/31/2024
12/31/2023
12/31/2022
12/31/2021
Revenues2,8004,5345,7185,7474,782
Gross profit:2,8004,5345,7185,7474,782
Operating expenses(123,117)(113,422)(121,233)(112,497)(80,020)
Operating loss:(120,317)(108,888)(115,515)(106,750)(75,238)
Nonoperating income (expense)5,2035,8525,0491,385(34,621)
Other nonoperating income (expense)5,4126,4176,0592,357(31,189)
Interest and debt expense(209)(565)(1,010)(972)636
Loss from continuing operations before equity method investments, income taxes:(115,323)(103,601)(111,476)(106,337)(109,223)
Other undisclosed income (loss) from continuing operations before income taxes2095651,010972(636)
Loss from continuing operations before income taxes:(115,114)(103,036)(110,466)(105,365)(109,859)
Income tax expense (benefit)(69)(70)(100)4618,899
Loss from continuing operations:(115,183)(103,106)(110,566)(104,904)(100,960)
Loss before gain (loss) on sale of properties:✕✕✕✕✕(100,960)
Net loss attributable to parent:(115,183)(103,106)(110,566)(104,904)(100,960)
Undistributed earnings (loss) allocated to participating securities, basic     (2,284)
Net loss available to common stockholders, diluted:(115,183)(103,106)(110,566)(104,904)(103,244)

Comprehensive Income ($ in thousands)
Annual | Quarterly

3/31/2026
TTM
12/31/2025
12/31/2024
12/31/2023
12/31/2022
12/31/2021
Net loss:(115,183)(103,106)(110,566)(104,904)(100,960)
Comprehensive loss:(115,183)(103,106)(110,566)(104,904)(100,960)
Other undisclosed comprehensive income (loss), net of tax, attributable to parent5953383(107)(13)
Comprehensive loss, net of tax, attributable to parent:(114,588)(103,073)(110,483)(105,011)(100,973)

Statements Sources

The financial statements are based on the Company's filings with the U.S. Securities and Exchange Commission (SEC) through the Electronic Data Gathering, Analysis, and Retrieval system (EDGAR). The information is derived from the 10-K and 10-Q reports submitted to the SEC in XBRL (eXtensible Business Reporting Language) format and presented according to the US GAAP Taxonomy. Please review the original filings for a more detailed information.

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