Cepton Inc. (CPTN) Financial Statements (2026 and earlier)
Company Profile
| Business Address |
399 WEST TRIMBLE ROAD SAN JOSE, CA 95131 |
| State of Incorp. | DE |
| Fiscal Year End | December 31 |
| Industry (SIC) | 3714 - Motor Vehicle Parts and Accessories (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 | 3/31/2021 | |||
|---|---|---|---|---|---|---|
| ASSETS | ||||||
| Current Assets | ||||||
| Cash, cash equivalents, and short-term investments | 56,375 | 35,656 | 750 | |||
| Cash and cash equivalent | 50,406 | 31,953 | 750 | |||
| Short-term investments | 5,969 | 3,703 | ||||
| Inventory, net of allowances, customer advances and progress billings | 2,396 | 2,985 | ||||
| Inventory | 2,396 | 2,985 | ||||
| Prepaid expense | 1,102 | 3,909 | 115 | |||
| Deferred costs | 993 | |||||
| Other current assets | 151 | 384 | ||||
| Other undisclosed current assets | 3,625 | 2,287 | ||||
| Total current assets: | 63,649 | 46,214 | 865 | |||
| Noncurrent Assets | ||||||
| Operating lease, right-of-use asset | 324 | |||||
| Property, plant, and equipment, after accumulated depreciation, depletion, and amortization | 1,450 | 982 | ||||
| Asset, held-in-trust | 172,506 | |||||
| Other noncurrent assets | 10,067 | 555 | ||||
| Other undisclosed noncurrent assets | 1,283 | 2,241 | ||||
| Total noncurrent assets: | 12,800 | 4,102 | 172,506 | |||
| TOTAL ASSETS: | 76,449 | 50,316 | 173,370 | |||
| LIABILITIES AND EQUITY | ||||||
| Liabilities | ||||||
| Current Liabilities | ||||||
| Accounts payable and accrued liabilities, including: | 1,128 | 1,979 | 74 | |||
| Accounts payable | ||||||
| Accrued liabilities | 4,066 | 2,265 | ||||
| Other undisclosed accounts payable and accrued liabilities | (2,938) | (286) | 74 | |||
| Deferred revenue | 367 | 525 | ||||
| Debt | 42,587 | |||||
| Provision for loss on contracts | 2,200 | |||||
| Other undisclosed current liabilities | 3,374 | 1,951 | ||||
| Total current liabilities: | 7,069 | 47,042 | 74 | |||
| Noncurrent Liabilities | ||||||
| Liabilities, other than long-term debt | 8,813 | 1,482 | ||||
| Other liabilities | 281 | |||||
| Operating lease, liability | 8,720 | 281 | ||||
| Business combination, contingent consideration, liability | 93 | 920 | ||||
| Other undisclosed noncurrent liabilities | 43 | 159 | 7,142 | |||
| Total noncurrent liabilities: | 8,856 | 1,641 | 7,142 | |||
| Total liabilities: | 15,925 | 48,683 | 7,215 | |||
| Temporary equity, including noncontrolling interest | 98,891 | 161,155 | ||||
| Equity | ||||||
| Equity, attributable to parent, including: | (38,367) | 1,633 | 5,000 | |||
| Additional paid in capital | 96,583 | 88,056 | (3,116) | |||
| Accumulated other comprehensive loss | (345) | (366) | ||||
| Retained earnings (accumulated deficit) | (134,605) | (86,059) | 8,115 | |||
| Other undisclosed equity, attributable to parent | 2 | 1 | ||||
| Total equity: | (38,367) | 1,633 | 5,000 | |||
| TOTAL LIABILITIES AND EQUITY: | 76,449 | 50,316 | 173,370 | |||
Income Statement (P&L) ($ in thousands)
| 9/30/2024 TTM | 12/31/2023 | 12/31/2022 | 3/31/2021 | ||
|---|---|---|---|---|---|
| Revenues | 13,056 | 7,426 | |||
| Cost of revenue (Cost of Product and Service Sold) | (9,506) | (7,232) | |||
| Gross profit: | 3,550 | 194 | |||
| Operating expenses | (54,253) | (61,642) | (93) | ||
| Operating loss: | (50,703) | (61,448) | (93) | ||
| Nonoperating income (expense) | (323) | 235 | 6 | ||
| Investment income, nonoperating | 397 | 2,875 | 6 | ||
| Loss, foreign currency transaction, before tax | (757) | (2,168) | |||
| Other nonoperating income (expense) | 37 | (472) | |||
| Interest and debt expense | (1,123) | (958) | |||
| Loss from continuing operations before equity method investments, income taxes: | (52,149) | (62,171) | (88) | ||
| Other undisclosed income from continuing operations before income taxes | 3,619 | 71,567 | |||
| Income (loss) from continuing operations before income taxes: | (48,530) | 9,396 | (88) | ||
| Income tax expense (benefit) | (16) | (16) | 18 | ||
| Other undisclosed income (loss) from continuing operations | 64 | ||||
| Income (loss) from continuing operations: | (48,546) | 9,380 | (6) | ||
| Loss before gain (loss) on sale of properties: | ✕ | ✕ | ✕ | (6) | |
| Other undisclosed net income | 8,267 | ||||
| Net income (loss): | (48,546) | 9,380 | 8,262 | ||
| Net income attributable to noncontrolling interest | 8,256 | ||||
| Other undisclosed net income (loss) attributable to parent | (8,256) | ||||
| Net income (loss) attributable to parent: | (48,546) | 9,380 | 8,262 | ||
| Undistributed earnings (loss) allocated to participating securities, basic | |||||
| Net income (loss) available to common stockholders, diluted: | (48,546) | 9,380 | 8,262 | ||
Comprehensive Income ($ in thousands)
| 9/30/2024 TTM | 12/31/2023 | 12/31/2022 | 3/31/2021 | ||
|---|---|---|---|---|---|
| Net income (loss): | (48,546) | 9,380 | 8,262 | ||
| Other comprehensive income (loss) | 21 | (323) | |||
| Comprehensive income (loss): | (48,525) | 9,057 | 8,262 | ||
| Other undisclosed comprehensive income, net of tax, attributable to parent | |||||
| Comprehensive income (loss), net of tax, attributable to parent: | (48,525) | 9,057 | 8,262 | ||
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.