GenMark Diagnostics, Inc. (GNMK) Financial Statements (2024 and earlier)
Company Profile
| Business Address |
5964 LA PLACE COURT CARLSBAD, CA 92008 |
| 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)Annual | Quarterly
| 12/31/2020 Q4 | 9/30/2020 Q3 | 6/30/2020 Q2 | 3/31/2020 Q1 | 12/31/2019 Q4 | 9/30/2019 Q3 | 6/30/2019 Q2 | |||
|---|---|---|---|---|---|---|---|---|---|
| ASSETS | |||||||||
| Current Assets | |||||||||
| Cash, cash equivalents, and short-term investments, including: | 137,300 | 132,795 | 47,066 | 53,460 | 33,187 | 41,360 | |||
| Cash and cash equivalents | 57,809 | 82,421 | 26,261 | 44,360 | 24,308 | 23,733 | |||
| Short-term investments | 9,100 | ||||||||
| Other undisclosed cash, cash equivalents, and short-term investments | 79,491 | 50,374 | 20,805 | 8,879 | 17,627 | ||||
| Receivables | 16,231 | 17,867 | 25,721 | 16,759 | 10,448 | 6,756 | |||
| Inventory, net of allowances, customer advances and progress billings | 19,570 | 14,927 | 9,927 | 11,301 | 12,570 | 9,912 | |||
| Inventory | 19,570 | 14,927 | 9,927 | 11,301 | 12,570 | 9,912 | |||
| Prepaid expense | 1,877 | ||||||||
| Other undisclosed current assets | 2,813 | 1,823 | 1,800 | 2,071 | 2,085 | ||||
| Total current assets: | 175,914 | 167,412 | 84,514 | 83,397 | 58,276 | 60,113 | |||
| Noncurrent Assets | |||||||||
| Operating lease, right-of-use asset | 8,845 | 4,372 | |||||||
| Property, plant and equipment | 26,210 | 19,420 | 19,580 | 20,419 | 18,863 | 18,927 | |||
| Intangible assets, net (including goodwill) | 989 | 1,137 | 1,284 | 1,432 | 1,580 | 1,727 | |||
| Intangible assets, net (excluding goodwill) | 989 | 1,137 | 1,284 | 1,432 | 1,580 | 1,727 | |||
| Restricted cash and investments | 1,646 | 1,646 | 758 | 758 | 758 | ||||
| Other noncurrent assets | 986 | 1,026 | 945 | 825 | 809 | 766 | |||
| Other undisclosed noncurrent assets | 4,511 | 5,400 | 4,766 | 4,883 | |||||
| Total noncurrent assets: | 38,676 | 27,601 | 27,078 | 28,076 | 26,776 | 27,061 | |||
| TOTAL ASSETS: | 214,590 | 195,013 | 111,592 | 111,473 | 85,052 | 87,174 | |||
| LIABILITIES AND EQUITY | |||||||||
| Liabilities | |||||||||
| Current Liabilities | |||||||||
| Accounts payable and accrued liabilities | 34,315 | 24,030 | 17,729 | 12,249 | 17,727 | 13,739 | |||
| Employee-related liabilities | 13,074 | 8,609 | 7,396 | 7,720 | 5,349 | ||||
| Accounts payable | 21,241 | 15,421 | 10,333 | 12,249 | 10,007 | 8,390 | |||
| Debt | 2,741 | 1,870 | 3,431 | ||||||
| Other liabilities | 3,614 | 3,245 | 3,793 | 2,732 | 2,089 | 2,167 | |||
| Other undisclosed current liabilities | 1,856 | 9,335 | 1,828 | 1,815 | |||||
| Total current liabilities: | 40,670 | 29,145 | 26,809 | 24,316 | 21,644 | 17,721 | |||
| Noncurrent Liabilities | |||||||||
| Long-term debt and lease obligation | 79,655 | 75,406 | 66,210 | 69,145 | 48,720 | 48,271 | |||
| Long-term debt, excluding current maturities | 70,743 | 70,189 | 66,210 | 69,145 | 48,720 | 48,271 | |||
| Liabilities, other than long-term debt | 308 | 285 | 57 | 55 | 62 | ||||
| Other liabilities | 308 | 285 | 57 | 55 | 62 | ||||
| Operating lease, liability | 8,912 | 5,217 | |||||||
| Other undisclosed noncurrent liabilities | 5,513 | (69,092) | 6,071 | 6,339 | |||||
| Total noncurrent liabilities: | 79,963 | 75,691 | 71,780 | 53 | 54,846 | 54,672 | |||
| Other undisclosed liabilities | 74,941 | ||||||||
| Total liabilities: | 120,633 | 104,836 | 98,589 | 99,310 | 76,490 | 72,393 | |||
| Equity | |||||||||
| Equity, attributable to parent | 93,957 | 90,177 | 13,003 | 12,163 | 8,562 | 14,781 | |||
| Common stock | 7 | 7 | 6 | 6 | 6 | 6 | |||
| Additional paid in capital | 622,951 | 615,995 | 534,177 | 526,294 | 512,451 | 506,949 | |||
| Accumulated other comprehensive income | 152 | 100 | 61 | 96 | 51 | 97 | |||
| Accumulated deficit | (529,153) | (525,925) | (521,241) | (514,233) | (503,946) | (492,271) | |||
| Total equity: | 93,957 | 90,177 | 13,003 | 12,163 | 8,562 | 14,781 | |||
| TOTAL LIABILITIES AND EQUITY: | 214,590 | 195,013 | 111,592 | 111,473 | 85,052 | 87,174 | |||
Income Statement (P&L) ($ in thousands)Annual | Quarterly
| 12/31/2020 Q4 | 9/30/2020 Q3 | 6/30/2020 Q2 | 3/31/2020 Q1 | 12/31/2019 Q4 | 9/30/2019 Q3 | 6/30/2019 Q2 | ||
|---|---|---|---|---|---|---|---|---|
| Revenues | 42,646 | 40,086 | 38,742 | 27,196 | 20,918 | 18,374 | ||
| Cost of revenue | (26,103) | (24,235) | (22,590) | (18,079) | (13,868) | (11,801) | ||
| Gross profit: | 16,543 | 15,851 | 16,152 | 9,117 | 7,050 | 6,573 | ||
| Operating expenses | (17,809) | (18,544) | (21,157) | (17,823) | (17,338) | (18,483) | ||
| Operating loss: | (1,266) | (2,693) | (5,005) | (8,706) | (10,288) | (11,910) | ||
| Nonoperating expense | (1,979) | (1,928) | (1,988) | (1,545) | (1,420) | (1,353) | ||
| Interest and debt expense | (2,073) | (2,037) | (2,091) | (1,630) | (1,527) | (1,528) | ||
| Other undisclosed income from continuing operations before equity method investments, income taxes | 2,073 | 2,037 | 2,091 | 1,630 | 1,527 | 1,528 | ||
| Loss from continuing operations before income taxes: | (3,245) | (4,621) | (6,993) | (10,251) | (11,708) | (13,263) | ||
| Income tax expense (benefit) | 17 | (63) | (15) | (36) | 33 | (45) | ||
| Loss from continuing operations: | (3,228) | (4,684) | (7,008) | (10,287) | (11,675) | (13,308) | ||
| Loss before gain (loss) on sale of properties: | (3,228) | (4,684) | (7,008) | (10,287) | (11,675) | (13,308) | ||
| Net loss available to common stockholders, diluted: | (3,228) | (4,684) | (7,008) | (10,287) | (11,675) | (13,308) | ||
Comprehensive Income ($ in thousands)Annual | Quarterly
| 12/31/2020 Q4 | 9/30/2020 Q3 | 6/30/2020 Q2 | 3/31/2020 Q1 | 12/31/2019 Q4 | 9/30/2019 Q3 | 6/30/2019 Q2 | ||
|---|---|---|---|---|---|---|---|---|
| Net loss: | (3,228) | (4,684) | (7,008) | (10,287) | (11,675) | (13,308) | ||
| Other comprehensive income (loss) | 52 | 39 | (35) | 37,108 | (11,721) | (13,287) | ||
| Comprehensive income (loss): | (3,176) | (4,645) | (7,043) | 26,821 | (23,396) | (26,595) | ||
| Other undisclosed comprehensive income (loss), net of tax, attributable to parent | (74,126) | 23,350 | 26,616 | |||||
| Comprehensive income (loss), net of tax, attributable to parent: | (3,176) | (4,645) | (7,043) | (47,305) | (46) | 21 | ||
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.