Benson Hill, Inc. (BHLWQ) Financial Statements (2025 and earlier)
Company Profile
| Business Address |
1001 N. WARSON RD., STE 300 ST. LOUIS, MO 63132 |
| State of Incorp. | DE |
| Fiscal Year End | December 31 |
| Industry (SIC) | 20 - Food And Kindred Products (benchmarking) |
| More info | Complete Financial Analysis Financial Benchmarking |
Balance Sheet (Statement of Financial Position) ($ in thousands)
| 9/30/2024 MRQ | 12/31/2023 | 12/31/2022 | 12/31/2021 | |||
|---|---|---|---|---|---|---|
| ASSETS | ||||||
| Current Assets | ||||||
| Cash, cash equivalents, and short-term investments | 48,680 | 157,174 | 182,652 | |||
| Cash and cash equivalent | 15,828 | 25,053 | 78,963 | |||
| Short-term investments | 32,852 | 132,121 | 103,689 | |||
| Restricted cash and investments | 17,912 | |||||
| Receivables | 33,297 | 28,772 | 33,983 | |||
| Inventory, net of allowances, customer advances and progress billings | 25,500 | 62,110 | 48,724 | |||
| Inventory | 25,500 | 62,110 | 48,724 | |||
| Prepaid expense | 4,395 | 7,372 | 9,325 | |||
| Contract with customer, asset, after allowance for credit loss | 1,677 | 433 | 2,588 | |||
| Derivative instruments and hedges, assets | 992 | 2,714 | 3,273 | |||
| Disposal group, including discontinued operation | 601 | 23,507 | ||||
| Deposits current assets | 846 | 702 | 650 | |||
| Other current assets | 280 | 32 | 1,747 | |||
| Other undisclosed current assets | 2,650 | 416 | ||||
| Total current assets: | 118,918 | 300,728 | 283,358 | |||
| Noncurrent Assets | ||||||
| Finance lease, right-of-use asset, after accumulated amortization | 59,245 | 66,533 | 72,469 | |||
| Operating lease, right-of-use asset | 2,934 | 1,660 | 4,983 | |||
| Property, plant and equipment | 79,043 | 99,759 | 126,885 | |||
| Intangible assets, net (including goodwill) | 5,226 | 27,377 | 42,664 | |||
| Goodwill | 19,226 | 17,685 | ||||
| Intangible assets, net (excluding goodwill) | 5,226 | 8,151 | 24,979 | |||
| Other undisclosed intangible assets, net (including goodwill) | ||||||
| Other noncurrent assets | 9,398 | 4,863 | 4,538 | |||
| Total noncurrent assets: | 155,846 | 200,192 | 251,539 | |||
| TOTAL ASSETS: | 274,764 | 500,920 | 534,897 | |||
| LIABILITIES AND EQUITY | ||||||
| Liabilities | ||||||
| Current Liabilities | ||||||
| Accounts payable and accrued liabilities | 40,969 | 70,152 | 62,279 | |||
| Accounts payable | 17,132 | 36,717 | 35,508 | |||
| Accrued liabilities | 23,837 | 33,435 | 26,771 | |||
| Debt | 58,906 | 5,560 | 7,979 | |||
| Disposal group, including discontinued operation | 559 | 16,441 | ||||
| Other undisclosed current liabilities | 1,489 | 364 | 1,424 | |||
| Total current liabilities: | 101,923 | 92,517 | 71,682 | |||
| Noncurrent Liabilities | ||||||
| Long-term debt and lease obligation | 78,932 | 180,422 | 156,324 | |||
| Long-term debt, excluding current maturities | 5,250 | 103,991 | 77,170 | |||
| Finance lease, liability | 73,682 | 76,431 | 76,712 | |||
| Liabilities, other than long-term debt | 6,675 | 1,703 | 9,393 | |||
| Deferred income tax liabilities | 283 | 294 | ||||
| Other liabilities | 172 | 129 | 316 | |||
| Operating lease, liability | 6,503 | 1,291 | 2,442 | |||
| Derivative instruments and hedges, liabilities | 8,783 | |||||
| Other undisclosed noncurrent liabilities | 1,191 | 32,376 | 46,051 | |||
| Total noncurrent liabilities: | 86,798 | 214,501 | 211,768 | |||
| Total liabilities: | 188,721 | 307,018 | 283,450 | |||
| Equity | ||||||
| Equity, attributable to parent | 86,043 | 193,902 | 251,447 | |||
| Common stock | 21 | 21 | 18 | |||
| Additional paid in capital | 611,477 | 609,450 | 533,101 | |||
| Accumulated other comprehensive loss | (1,669) | (7,095) | (1,103) | |||
| Accumulated deficit | (523,786) | (408,474) | (280,569) | |||
| Total equity: | 86,043 | 193,902 | 251,447 | |||
| TOTAL LIABILITIES AND EQUITY: | 274,764 | 500,920 | 534,897 | |||
Income Statement (P&L) ($ in thousands)
| 9/30/2024 TTM | 12/31/2023 | 12/31/2022 | 12/31/2021 | ||
|---|---|---|---|---|---|
| Revenues | 473,336 | 381,233 | 147,212 | ||
| Cost of revenue (Cost of Product and Service Sold) | (449,710) | (377,706) | (148,157) | ||
| Gross profit: | 23,626 | 3,527 | (945) | ||
| Operating expenses | (128,110) | (128,534) | (122,130) | ||
| Operating loss: | (104,484) | (125,007) | (123,075) | ||
| Nonoperating income (expense) | (6,955) | 25,366 | (2,941) | ||
| Other nonoperating income (expense) | (3,075) | (2,253) | 1,164 | ||
| Interest and debt expense | (7,130) | (7,101) | (3,916) | ||
| Other undisclosed loss from continuing operations before equity method investments, income taxes | |||||
| Loss from continuing operations before equity method investments, income taxes: | (118,569) | (106,742) | (129,932) | ||
| Other undisclosed income from continuing operations before income taxes | 7,130 | 7,101 | 3,916 | ||
| Loss from continuing operations before income taxes: | (111,439) | (99,641) | (126,016) | ||
| Income tax expense (benefit) | 192 | (59) | (231) | ||
| Loss from continuing operations: | (111,247) | (99,700) | (126,247) | ||
| Loss before gain (loss) on sale of properties: | ✕ | ✕ | ✕ | (126,247) | |
| Net loss: | (111,247) | (99,700) | (126,247) | ||
| Other undisclosed net income (loss) attributable to parent | (4,065) | (28,205) | |||
| Net loss available to common stockholders, diluted: | (115,312) | (127,905) | (126,247) | ||
Comprehensive Income ($ in thousands)
| 9/30/2024 TTM | 12/31/2023 | 12/31/2022 | 12/31/2021 | ||
|---|---|---|---|---|---|
| Net loss: | (111,247) | (99,700) | (126,247) | ||
| Other comprehensive loss | (5,983) | (782) | |||
| Other undisclosed comprehensive loss | |||||
| Comprehensive loss: | (111,247) | (105,683) | (127,029) | ||
| Other undisclosed comprehensive income (loss), net of tax, attributable to parent | 1,361 | (28,214) | 4 | ||
| Comprehensive loss, net of tax, attributable to parent: | (109,886) | (133,897) | (127,025) | ||
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.