CareDx, Inc. (CDNA) Financial Statements (2024 and earlier)

Company Profile

Business Address 8000 MARINA BLVD
BRISBANE, CA 94005
State of Incorp. DE
Fiscal Year End December 31
Industry (SIC) 8071 - Medical Laboratories (benchmarking)
More info Complete Financial Analysis Financial Benchmarking

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

9/30/2023
MRQ
12/31/2022
12/31/2021
12/31/2020
12/31/2019
12/31/2018
12/31/2017
ASSETS
Current Assets
Cash, cash equivalents, and short-term investments, including:293,100348,485224,70038,22364,61616,895
Cash and cash equivalents89,921348,485134,66938,22364,61616,895
Short-term investments203,168 90,034   
Other undisclosed cash, cash equivalents, and short-term investments11 (3)   
Receivables66,31259,76134,62424,0579,7602,991
Inventory, net of allowances, customer advances and progress billings19,23217,18610,0126,0144,9435,529
Inventory19,23217,18610,0126,0144,9435,529
Other undisclosed current assets9,2057,9283,7613,6281,7951,352
Total current assets:387,849433,360273,09771,92281,11426,767
Noncurrent Assets
Operating lease, right-of-use asset34,68917,99315,228 
Property, plant and equipment35,52922,04410,7044,4304,1342,075
Intangible assets, net (including goodwill)80,57487,17868,21269,39845,25745,144
Goodwill37,52336,98323,85723,85712,00512,005
Intangible assets, net (excluding goodwill)43,05150,19544,35545,54133,25233,139
Restricted cash and investments5222112702561929,579
Other noncurrent assets3,8285,8351,0001,000  
Other undisclosed noncurrent assets    4,730  
Total noncurrent assets:155,142133,26195,41479,81449,58356,798
TOTAL ASSETS:542,991566,621368,511151,736130,69783,565
LIABILITIES AND EQUITY
Liabilities
Current Liabilities
Accounts payable and accrued liabilities42,14550,55933,27121,31415,9579,342
Interest and dividends payable    81
Employee-related liabilities26,04218,46612,4849,1565,013
Accounts payable9,94213,3379,6535,5064,7113,391
Accrued liabilities32,20311,1805,1523,3242,090857
Deferred revenue5,3424,2083,530 
Debt     17215,734
Deferred rent credit     432
Derivative instruments and hedges, liabilities      14,600
Business combination, contingent consideration, liability1,0252,114738810  
Deferred revenue and credits458
Contract with customer, liability3,686 
Other undisclosed current liabilities27,46320,42031,6789,0182,9432,772
Total current liabilities:75,97577,30169,21734,82819,50442,906
Noncurrent Liabilities
Long-term debt and lease obligation  17,39416,069 24918,352
Long-term debt, excluding current maturities      18,338
Capital lease obligations24914
Liabilities, other than long-term debt33,6558701,5394,1214,5719,563
Deferred revenue and credits1,643
Deferred rent credit     470
Deferred tax liabilities, net2,9684,933
Deferred income tax liabilities 4151,299 
Other liabilities2494552404,1211,1331,315
Operating lease, liability33,40617,39416,069 
Business combination, contingent consideration, liability      1,672
Other undisclosed noncurrent liabilities2,4505,1804,00713,78710,44518,698
Total noncurrent liabilities:36,10523,44421,61517,90815,26546,613
Total liabilities:112,080100,74590,83252,73634,76989,519
Equity
Equity, attributable to parent, including:430,911465,876277,67999,00095,928(6,134)
Common stock525249424129
Additional paid in capital898,806853,683632,253437,976412,010264,204
Accumulated other comprehensive loss(7,503)(4,670)(2,096)(5,205)(4,278)(2,345)
Accumulated deficit(460,444)(383,189)(352,527)(333,813)(311,845)(268,022)
Warrants and rights outstanding      18,712
Other undisclosed equity, attributable to parent      (18,712)
Equity, attributable to noncontrolling interest      180
Total equity:430,911465,876277,67999,00095,928(5,954)
TOTAL LIABILITIES AND EQUITY:542,991566,621368,511151,736130,69783,565

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

9/30/2023
TTM
12/31/2022
12/31/2021
12/31/2020
12/31/2019
12/31/2018
12/31/2017
Revenues321,793296,397192,194127,06876,56948,324
Revenue, net47,740
Cost of revenue    (45,455)(234)(9,026)
Cost of goods and services sold     (234)(9,026)
Gross profit:321,793296,397192,19481,61376,33539,298
Operating expenses(399,024)(326,123)(214,722)(106,145)(92,147)(68,618)
Other undisclosed operating income     2349,026
Operating loss:(77,231)(29,726)(22,528)(24,532)(15,578)(20,294)
Nonoperating income (expense)997(2,362)2,778585(178)(1,490)
Other nonoperating expense(2,872)(2,628)(811)(719)(178)(1,490)
Loss from continuing operations before equity method investments, income taxes:(76,234)(32,088)(19,750)(23,947)(15,756)(21,784)
Other undisclosed loss from continuing operations before income taxes     (32,459)(35,485)
Loss from continuing operations before income taxes:(76,234)(32,088)(19,750)(23,947)(48,215)(57,269)
Income tax expense (benefit)(379)1,4261,0361,9791,4341,709
Loss from continuing operations:(76,613)(30,662)(18,714)(21,968)(46,781)(55,560)
Loss before gain (loss) on sale of properties:(30,662)(18,714)(21,968)(46,781)(55,560)
Net loss:(76,613)(30,662)(18,714)(21,968)(46,781)(55,560)
Net income attributable to noncontrolling interest     2591
Net loss available to common stockholders, diluted:(76,613)(30,662)(18,714)(21,968)(46,756)(55,469)

Comprehensive Income ($ in thousands)

9/30/2023
TTM
12/31/2022
12/31/2021
12/31/2020
12/31/2019
12/31/2018
12/31/2017
Net loss:(76,613)(30,662)(18,714)(21,968)(46,781)(55,560)
Other undisclosed comprehensive income (loss)  (2,574)3,109(927)(1,933)1,306
Comprehensive loss:(76,613)(33,236)(15,605)(22,895)(48,714)(54,254)
Comprehensive income, net of tax, attributable to noncontrolling interest     2599
Other undisclosed comprehensive income (loss), net of tax, attributable to parent(2,833)     
Comprehensive loss, net of tax, attributable to parent:(79,446)(33,236)(15,605)(22,895)(48,689)(54,155)

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: