Glaukos Corporation (GKOS) Financial Statements (2024 and earlier)

Company Profile

Business Address 229 AVENIDA FABRICANTE
SAN CLEMENTE, CA 92672
State of Incorp. DE
Fiscal Year End December 31
Industry (SIC) 3841 - Surgical and Medical Instruments and Apparatus (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:119,525423,500413,900183,300149,300119,000
Cash and cash equivalents119,525100,70896,59662,43029,82124,508
Other undisclosed cash, cash equivalents, and short-term investments  322,792317,304120,870119,47994,492
Receivables36,07333,43836,05938,41718,67316,656
Inventory, net of allowances, customer advances and progress billings37,84123,01115,80942,57813,28211,222
Inventory37,84123,01115,80942,57813,28211,222
Other undisclosed current assets250,4206,1773,674(1,417)(4,688)2,582
Total current assets:443,859486,126469,442262,878176,567149,460
Noncurrent Assets
Finance lease, right-of-use asset, after accumulated amortization46,60149,02251,44354,048
Operating lease, right-of-use asset25,82628,14220,00915,704
Property, plant and equipment94,40368,96924,00822,05619,15311,794
Intangible assets, net (including goodwill)374,003398,915423,827448,739 3,147
Goodwill66,13466,13466,13466,134  
Intangible assets, net (excluding goodwill)307,869332,781357,693382,605 3,147
Restricted cash and investments7,0789,4169,5669,326  
Deferred costs8,4007,4005,3003,5001,900700
Deferred tax assets, net213235
Other undisclosed noncurrent assets2,2131,7081,9072,1499,137500
Total noncurrent assets:558,524563,572536,060555,52230,40316,376
TOTAL ASSETS:1,002,3831,049,6981,005,502818,400206,970165,836
LIABILITIES AND EQUITY
Liabilities
Current Liabilities
Accounts payable and accrued liabilities72,35963,36049,70257,70030,25026,693
Accounts payable14,4037,3334,3715,7816,2866,244
Accrued liabilities57,95656,02745,33151,91923,96420,449
Deferred rent credit     115
Deferred revenue and credits95
Total current liabilities:72,35963,36049,70257,70030,36526,788
Noncurrent Liabilities
Long-term debt and lease obligation353,572382,375270,81072,630  
Long-term debt, excluding current maturities281,400280,026189,416   
Finance lease, liability72,17272,69960,69058,435
Liabilities, other than long-term debt46,44716,81217,54114,7982,745846
Deferred income tax liabilities7,2647,31810,5129,632
Other liabilities10,2789,4947,0295,1662,745846
Operating lease, liability28,90529,65020,70414,195
Total noncurrent liabilities:400,019399,187288,35187,4282,745846
Total liabilities:472,378462,547338,053145,12833,11027,634
Equity
Equity, attributable to parent530,005587,151667,449673,272173,860138,202
Common stock484745443635
Treasury stock, value(132)(132)(132)(132)(132)(132)
Additional paid in capital997,470952,432976,590861,740378,352331,073
Accumulated other comprehensive income (loss)(2,975)151,0041,330738(591)
Accumulated deficit(464,406)(365,211)(310,058)(189,710)(205,134)(192,183)
Total equity:530,005587,151667,449673,272173,860138,202
TOTAL LIABILITIES AND EQUITY:1,002,3831,049,6981,005,502818,400206,970165,836

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
Revenues282,862294,011224,959236,984181,278159,254
Revenue, net159,254
Cost of revenue
(Cost of Goods and Services Sold)
(68,979)(66,627)(91,719)(38,588)(25,075)(21,050)
Gross profit:213,883227,384133,240198,396156,203138,204
Operating expenses(296,196)(260,256)(256,793)(248,688)(169,205)(140,485)
Operating loss:(82,313)(32,872)(123,553)(50,292)(13,002)(2,281)
Nonoperating income (expense)(16,116)(16,395)(8,761)2566342,282
Gain (loss), foreign currency transaction, before tax(2,242)(2,313)1,202(194) 100
Other nonoperating expense     (1,618) 
Interest and debt expense(13,720)(13,372)(14,115)(2,565)  
Income (loss) from continuing operations before equity method investments, income taxes:(112,149)(62,639)(146,429)(52,601)(12,368)1
Other undisclosed income from continuing operations before income taxes13,72013,37214,1152,565  
Income (loss) from continuing operations before income taxes:(98,429)(49,267)(132,314)(50,036)(12,368)1
Income tax expense (benefit)(766)(326)11,96665,460(583)(93)
Income (loss) from continuing operations:(99,195)(49,593)(120,348)15,424(12,951)(92)
Income (loss) before gain (loss) on sale of properties:(49,593)(120,348)15,424(12,951)(92)
Net income (loss) available to common stockholders, diluted:(99,195)(49,593)(120,348)15,424(12,951)(92)

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 income (loss):(99,195)(49,593)(120,348)15,424(12,951)(92)
Other comprehensive income (loss)(2,990)(989)(326)5921,329(1,239)
Comprehensive income (loss), net of tax, attributable to parent:(102,185)(50,582)(120,674)16,016(11,622)(1,331)

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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