Biora Therapeutics Inc. (BIORQ) Financial Statements (2025 and earlier)
Company Profile
| Business Address |
4330 LA JOLLA VILLAGE DRIVE SAN DIEGO, CA 92122 |
| 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)
| 9/30/2024 MRQ | 12/31/2023 | 12/31/2022 | 12/31/2021 | 12/31/2020 | |||
|---|---|---|---|---|---|---|---|
| ASSETS | |||||||
| Current Assets | |||||||
| Cash, cash equivalents, and short-term investments | 15,000 | 30,486 | 88,397 | 92,076 | |||
| Cash and cash equivalent | 15,000 | 30,486 | 88,397 | 92,076 | |||
| Receivables | 830 | 828 | 653 | 12,682 | |||
| Inventory, net of allowances, customer advances and progress billings | 12,219 | ||||||
| Inventory | 12,219 | ||||||
| Prepaid expense | 2,443 | 3,634 | 6,123 | 9,116 | |||
| Disposal group, including discontinued operation | 2,603 | 2,147 | |||||
| Other current assets | 587 | 565 | 1,109 | 245 | |||
| Other undisclosed current assets | 211 | ||||||
| Total current assets: | 19,071 | 38,116 | 98,429 | 126,338 | |||
| Noncurrent Assets | |||||||
| Operating lease, right-of-use asset | 1,614 | 1,482 | |||||
| Property, plant and equipment | 1,156 | 1,654 | 4,012 | 17,842 | |||
| Intangible assets, net (including goodwill) | 6,072 | 6,072 | 6,072 | 10,062 | |||
| Goodwill | 6,072 | 6,072 | 6,072 | 6,219 | |||
| Intangible assets, net (excluding goodwill) | 3,843 | ||||||
| Other noncurrent assets | 3,302 | 6,201 | 326 | 198 | |||
| Total noncurrent assets: | 12,144 | 15,409 | 10,410 | 28,102 | |||
| TOTAL ASSETS: | 31,215 | 53,525 | 108,839 | 154,440 | |||
| LIABILITIES AND EQUITY | |||||||
| Liabilities | |||||||
| Current Liabilities | |||||||
| Accounts payable and accrued liabilities | 6,158 | 4,358 | 9,850 | 20,795 | |||
| Accounts payable | 2,843 | 3,606 | 8,709 | 17,410 | |||
| Accrued liabilities | 3,315 | 752 | 1,141 | 3,385 | |||
| Deferred revenue | 542 | 47 | 301 | ||||
| Debt | 312 | ||||||
| Derivative instruments and hedges, liabilities | 40,834 | 3,538 | 18,731 | ||||
| Other liabilities | 2,220 | 2,050 | 3,009 | 6,912 | |||
| Other undisclosed current liabilities | 13,218 | 13,312 | 29,718 | 44,651 | |||
| Total current liabilities: | 62,972 | 23,305 | 61,609 | 72,670 | |||
| Noncurrent Liabilities | |||||||
| Long-term debt and lease obligation | 24,557 | 127,811 | 126,392 | 158,932 | |||
| Long-term debt, excluding current maturities | 24,557 | 127,811 | 126,392 | 158,886 | |||
| Finance lease, liability | 46 | ||||||
| Liabilities, other than long-term debt | 25,928 | 4,696 | 5,814 | 8,667 | |||
| Other liabilities | 3,029 | 4,696 | 5,814 | 8,667 | |||
| Derivative instruments and hedges, liabilities | 22,899 | ||||||
| Other undisclosed noncurrent liabilities | 19,179 | 21,165 | |||||
| Total noncurrent liabilities: | 69,664 | 132,507 | 132,206 | 188,764 | |||
| Total liabilities: | 132,636 | 155,812 | 193,815 | 261,434 | |||
| Equity | |||||||
| Equity, attributable to parent | (101,421) | (102,287) | (84,976) | (106,994) | |||
| Common stock | 25 | 8 | 146 | 59 | |||
| Treasury stock, value | (19,079) | (19,078) | (19,082) | (18,771) | |||
| Additional paid in capital | 868,591 | 743,626 | 722,646 | 452,992 | |||
| Accumulated deficit | (950,958) | (826,843) | (788,686) | (541,274) | |||
| Total equity: | (101,421) | (102,287) | (84,976) | (106,994) | |||
| TOTAL LIABILITIES AND EQUITY: | 31,215 | 53,525 | 108,839 | 154,440 | |||
Income Statement (P&L) ($ in thousands)
| 9/30/2024 TTM | 12/31/2023 | 12/31/2022 | 12/31/2021 | 12/31/2020 | ||
|---|---|---|---|---|---|---|
| Revenues | 4 | 12,153 | 60,609 | 74,313 | ||
| Cost of revenue (Cost of Product and Service Sold) | (93,433) | |||||
| Other undisclosed gross profit | (59,362) | |||||
| Gross profit: | 4 | 12,153 | 1,247 | (19,120) | ||
| Operating expenses | (67,147) | (62,086) | (119,084) | (176,068) | ||
| Other undisclosed operating loss | (11,848) | |||||
| Operating loss: | (67,143) | (61,781) | (117,837) | (195,188) | ||
| Nonoperating income (expense) | (65,470) | 2,617 | 5,990 | (24,888) | ||
| Investment income, nonoperating | (3,000) | 5,731 | ||||
| Interest and debt expense | (9,815) | (10,990) | (12,636) | (9,984) | ||
| Loss from continuing operations before equity method investments, income taxes: | (142,428) | (70,154) | (124,483) | (230,060) | ||
| Other undisclosed income (loss) from continuing operations before income taxes | 18,004 | 20,904 | (54,157) | |||
| Loss from continuing operations before income taxes: | (124,424) | (49,250) | (178,640) | (230,060) | ||
| Income tax benefit | 90 | 420 | 119 | 37,532 | ||
| Loss from continuing operations: | (124,334) | (48,830) | (178,521) | (192,528) | ||
| Loss before gain (loss) on sale of properties: | ✕ | ✕ | ✕ | (109,630) | (192,528) | |
| Income from discontinued operations | 219 | 10,673 | 68,891 | |||
| Other undisclosed net income (loss) | (137,782) | |||||
| Net loss attributable to parent: | (124,115) | (38,157) | (247,412) | (192,528) | ||
| Preferred stock dividends and other adjustments | (268) | |||||
| Net loss available to common stockholders, basic: | (124,115) | (38,157) | (247,412) | (192,796) | ||
| Interest on convertible debt | ||||||
| Net loss available to common stockholders, diluted: | (124,115) | (38,157) | (247,412) | (192,796) | ||
Comprehensive Income ($ in thousands)
| 9/30/2024 TTM | 12/31/2023 | 12/31/2022 | 12/31/2021 | 12/31/2020 | ||
|---|---|---|---|---|---|---|
| Net loss: | (124,115) | (38,157) | (247,412) | (192,528) | ||
| Comprehensive loss, net of tax, attributable to parent: | (124,115) | (38,157) | (247,412) | (192,528) | ||
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.