Codexis, Inc. (CDXS) Financial Statements (2024 and earlier)

Company Profile

Business Address 200 PENOBSCOT DRIVE
REDWOOD CITY, CA 94063
State of Incorp. DE
Fiscal Year End December 31
Industry (SIC) 286 - Industrial Organic Chemicals (benchmarking)
More info Complete Financial Analysis Financial Benchmarking

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

9/30/2023
Q3
6/30/2023
Q2
3/31/2023
Q1
12/31/2022
Q4
9/30/2022
Q3
6/30/2022
Q2
3/31/2022
Q1
ASSETS
Current Assets
Cash, cash equivalents, and short-term investments92,093102,831113,984108,68990,11394,260
Cash and cash equivalents92,093102,831113,984108,68990,11394,260
Restricted cash and investments   500   
Receivables21,61220,01740,87329,77548,92144,116
Inventory, net of allowances, customer advances and progress billings2,0521,9962,0291,6231,7181,560
Inventory2,0521,9962,0291,6231,7181,560
Capitalized contract cost  219283646
Asset, held-for-sale, not part of disposal group      
Other undisclosed current assets4,2875,1085,4895,8824,4954,887
Total current assets:120,044129,954162,894145,997145,283144,869
Noncurrent Assets
Operating lease, right-of-use asset36,74538,01339,26340,49341,70642,912
Property, plant and equipment23,32523,60922,61423,31923,69423,474
Intangible assets, net (including goodwill)3,2413,2413,2413,2413,2413,241
Goodwill3,2413,2413,2413,2413,2413,241
Restricted cash and investments1,5301,5261,5211,5201,5201,519
Other noncurrent assets498415350208224257
Other undisclosed noncurrent assets21,37821,31020,51020,51019,30219,002
Total noncurrent assets:86,71788,11487,49989,29189,68790,405
TOTAL ASSETS:206,761218,068250,393235,288234,970235,274
LIABILITIES AND EQUITY
Liabilities
Current Liabilities
Accounts payable and accrued liabilities11,04312,83418,52525,07622,68122,964
Employee-related liabilities9,4637,7326,843
Accounts payable4,0424,4943,2462,6212,0151,949
Accrued liabilities7,0018,34015,27912,99212,93414,172
Deferred revenue10,52913,37413,7281,6022,2301,604
Other undisclosed current liabilities14,16412,10316,8135,2305,1034,927
Total current liabilities:35,73638,31149,06631,90830,01429,495
Noncurrent Liabilities
Long-term debt and lease obligation:    39,65541,00642,354
Liabilities, other than long-term debt46,89453,74156,5309,5944,4914,790
Deferred revenue10,11015,50816,8818,2383,1513,464
Other liabilities1,4051,3881,3711,3561,3401,326
Operating lease, liability35,37936,84538,27839,65541,00642,354
Total noncurrent liabilities:46,89453,74156,53049,24945,49747,144
Total liabilities:82,63092,052105,59681,15775,51176,639
Equity
Equity, attributable to parent124,131126,016144,797154,131159,459158,635
Common stock666666
Additional paid in capital579,555569,917566,081562,811558,147554,683
Accumulated deficit(455,430)(443,907)(421,290)(408,686)(398,694)(396,054)
Total equity:124,131126,016144,797154,131159,459158,635
TOTAL LIABILITIES AND EQUITY:206,761218,068250,393235,288234,970235,274

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

9/30/2023
Q3
6/30/2023
Q2
3/31/2023
Q1
12/31/2022
Q4
9/30/2022
Q3
6/30/2022
Q2
3/31/2022
Q1
Revenues21,32312,98230,37534,47038,40635,340
Cost of revenue(3,178)(4,521)(8,456)(9,786)(11,270)(8,521)
Cost of goods and services sold(3,178)(4,521)(8,456)(9,786)(11,270)(8,521)
Gross profit:18,1458,46121,91924,68427,13626,819
Operating expenses(30,771)(32,126)(35,169)(35,320)(29,745)(35,205)
Operating loss:(12,626)(23,665)(13,250)(10,636)(2,609)(8,386)
Nonoperating income (expense)1,1121,0647976527739
Investment income, nonoperating1,1211,08982343614042
Other nonoperating income (expense)(9)(25)(26)216(63)(3)
Loss from continuing operations before income taxes:(11,514)(22,601)(12,453)(9,984)(2,532)(8,347)
Income tax expense(9)(16)(151)(8)(108)(9)
Loss from continuing operations:(11,523)(22,617)(12,604)(9,992)(2,640)(8,356)
Loss before gain (loss) on sale of properties:(9,992)(2,640)(8,356)
Net loss available to common stockholders, diluted:(11,523)(22,617)(12,604)(9,992)(2,640)(8,356)

Comprehensive Income ($ in thousands)

9/30/2023
Q3
6/30/2023
Q2
3/31/2023
Q1
12/31/2022
Q4
9/30/2022
Q3
6/30/2022
Q2
3/31/2022
Q1
Net loss:(11,523)(22,617)(12,604)(9,992)(2,640)(8,356)
Comprehensive loss, net of tax, attributable to parent:(11,523)(22,617)(12,604)(9,992)(2,640)(8,356)

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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