Assertio Holdings Inc. (ASRT) Financial Statements (2024 and earlier)

Company Profile

Business Address 100 S. SAUNDERS ROAD
LAKE FOREST, IL 60045
State of Incorp. DE
Fiscal Year End December 31
Industry (SIC) 2834 - Pharmaceutical Preparations (benchmarking)
More info Complete Financial Analysis Financial Benchmarking

Balance Sheet (Statement of Financial Position) ($ in thousands)

3/31/2024
MRQ
12/31/2023
12/31/2022
12/31/2021
12/31/2020
ASSETS
Current Assets
Cash, cash equivalents, and short-term investments73,44164,94136,81020,786
Cash and cash equivalents73,44164,94136,81020,786
Receivables47,66345,35744,36144,350
Inventory, net of allowances, customer advances and progress billings37,68613,6967,48911,712
Inventory37,68613,6967,48911,712
Other current assets299   
Other undisclosed current assets11,9738,26814,83817,406
Total current assets:171,062132,262103,49894,254
Noncurrent Assets
Property, plant and equipment7707441,5272,437
Long-term investments and receivables    1,579
Long-term investments    1,579
Intangible assets, net (including goodwill)111,332197,996216,054200,082
Intangible assets, net (excluding goodwill)111,332197,996216,054200,082
Deferred income tax assets  80,202  
Other noncurrent assets3,2552,7095,4684,922
Total noncurrent assets:115,357281,651223,049209,020
TOTAL ASSETS:286,419413,913326,547303,274
LIABILITIES AND EQUITY
Liabilities
Current Liabilities
Accounts payable and accrued liabilities31,65218,17221,38448,172
Interest and dividends payable 1,793
Accounts payable13,4395,9916,68514,808
Accrued liabilities18,21312,18114,69931,571
Debt  47012,17411,942
Customer refund liability58,13749,42652,66263,114
Business combination, contingent consideration, liability2,70026,30014,5006,776
Other liabilities95494834,2992,682
Total current liabilities:93,44395,316135,019132,686
Noncurrent Liabilities
Long-term debt and lease obligation38,51466,40361,31972,160
Long-term debt, excluding current maturities38,51466,40361,31972,160
Liabilities, other than long-term debt16,45926,46927,79542,914
Other liabilities16,4594,2694,63611,138
Business combination, contingent consideration, liability  22,20023,15931,776
Total noncurrent liabilities:54,97392,87289,114115,074
Total liabilities:148,416188,188224,133247,760
Equity
Equity, attributable to parent138,003225,725102,41455,514
Common stock95413
Additional paid in capital789,537545,321531,636483,446
Accumulated deficit(651,543)(319,601)(429,226)(427,945)
Total equity:138,003225,725102,41455,514
TOTAL LIABILITIES AND EQUITY:286,419413,913326,547303,274

Income Statement (P&L) ($ in thousands)

3/31/2024
TTM
12/31/2023
12/31/2022
12/31/2021
12/31/2020
Revenues152,069156,234111,014106,275
Cost of revenue(27,020)(37,435)(15,832)(19,872)
Cost of goods and services sold(27,020)(18,748)(15,832)(19,872)
Gross profit:125,049118,79995,18286,403
Operating expenses(394,123)(79,394)(85,758)(168,558)
Other undisclosed operating income25,538   
Operating income (loss):(243,536)39,4059,424(82,155)
Nonoperating income (expense)(10,518)(8,239)(9,977)36,642
Other nonoperating income (expense)2,780(278)243(3,225)
Interest and debt expense(3,380)1,046(10,220)(56,113)
Income (loss) from continuing operations before equity method investments, income taxes:(257,434)32,212(10,773)(101,626)
Other undisclosed income (loss) from continuing operations before income taxes3,380(1,046)10,22056,113
Income (loss) from continuing operations before income taxes:(254,054)31,166(553)(45,513)
Income tax expense (benefit)(77,888)78,459(728)17,369
Income (loss) from continuing operations:(331,942)109,625(1,281)(28,144)
Loss before gain (loss) on sale of properties:(1,281)(28,144)
Net income (loss) available to common stockholders, basic:(331,942)109,625(1,281)(28,144)
Interest on convertible debt 1,560  
Net income (loss) available to common stockholders, diluted:(331,942)111,185(1,281)(28,144)

Comprehensive Income ($ in thousands)

3/31/2024
TTM
12/31/2023
12/31/2022
12/31/2021
12/31/2020
Net income (loss):(331,942)109,625(1,281)(28,144)
Comprehensive income (loss), net of tax, attributable to parent:(331,942)109,625(1,281)(28,144)

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.

Login to ReadyRatios

 

Have you forgotten your password?

Are you a new user?

Login As
You can log in if you are registered at one of these services: