NeoPhotonics Corporation (NPTN) Financial Statements (2025 and earlier)
Company Profile
| Business Address |
3081 ZANKER ROAD SAN JOSE, CA 95134 |
| State of Incorp. | |
| Fiscal Year End | December 31 |
| Industry (SIC) | 3674 - Semiconductors and Related Devices (benchmarking) |
| More info | Complete Financial Analysis Financial Benchmarking |
Balance Sheet (Statement of Financial Position) ($ in thousands)
| 6/30/2022 MRQ | 12/31/2021 | 12/31/2020 | 12/31/2019 | 12/31/2018 | 12/31/2017 | 12/31/2016 | |||
|---|---|---|---|---|---|---|---|---|---|
| ASSETS | |||||||||
| Current Assets | |||||||||
| Cash, cash equivalents, and short-term investments, including: | 105,508 | 122,786 | 78,105 | 76,700 | 93,900 | 101,515 | |||
| Cash and cash equivalents | 77,833 | 95,117 | 70,467 | 58,185 | 78,906 | 82,500 | |||
| Short-term investments | 27,675 | 27,669 | 7,638 | 7,481 | 12,311 | 19,015 | |||
| Other undisclosed cash, cash equivalents, and short-term investments | 11,034 | 2,683 | |||||||
| Restricted cash and investments | 87 | 489 | 10,972 | 11,053 | 2,658 | 4,085 | |||
| Receivables | 56,335 | 46,027 | 73,389 | 80,876 | 71,347 | 83,333 | |||
| Inventory, net of allowances, customer advances and progress billings | 52,896 | 46,901 | 46,930 | 52,159 | 67,301 | 48,237 | |||
| Inventory | 52,896 | 46,901 | 46,930 | 52,159 | 67,301 | 48,237 | |||
| Prepaid expense | 8,507 | 8,554 | 9,491 | 8,481 | 19,300 | 19,673 | |||
| Disposal group, including discontinued operation | 2,971 | 13,953 | |||||||
| Other undisclosed current assets | 6,728 | 10,824 | 11,861 | 965 | 10,134 | ||||
| Total current assets: | 230,061 | 235,581 | 230,748 | 233,205 | 264,640 | 270,796 | |||
| Noncurrent Assets | |||||||||
| Operating lease, right-of-use asset | 13,201 | 13,823 | 15,603 | ✕ | ✕ | ✕ | |||
| Property, plant and equipment | 66,765 | 81,133 | 100,090 | 127,565 | 106,867 | ||||
| Intangible assets, net (including goodwill) | 1,959 | 2,583 | 3,266 | 4,133 | 5,409 | 6,677 | |||
| Goodwill | 1,115 | 1,115 | 1,115 | 1,115 | 1,115 | 1,115 | |||
| Intangible assets, net (excluding goodwill) | 844 | 1,468 | 2,151 | 3,018 | 4,294 | 5,562 | |||
| Other noncurrent assets | 6,156 | 4,912 | 3,929 | 3,148 | 5,339 | 6,547 | |||
| Other undisclosed noncurrent assets | 54,190 | ||||||||
| Total noncurrent assets: | 75,506 | 88,083 | 103,931 | 107,371 | 138,313 | 120,091 | |||
| TOTAL ASSETS: | 305,567 | 323,664 | 334,679 | 340,576 | 402,953 | 390,887 | |||
| LIABILITIES AND EQUITY | |||||||||
| Liabilities | |||||||||
| Current Liabilities | |||||||||
| Accounts payable and accrued liabilities | 88,133 | 43,539 | 58,554 | 58,403 | 69,017 | 84,766 | |||
| Accounts payable | 58,125 | 43,539 | 58,554 | 58,403 | 69,017 | 84,766 | |||
| Accrued liabilities | 30,008 | ||||||||
| Debt | 17,842 | 3,232 | 3,044 | 7,692 | 41,612 | 747 | |||
| Other liabilities | 42,053 | 47,481 | 50,288 | 43,242 | 30,625 | ||||
| Other undisclosed current liabilities | 30,190 | ||||||||
| Total current liabilities: | 105,975 | 88,824 | 109,079 | 116,383 | 153,871 | 146,328 | |||
| Noncurrent Liabilities | |||||||||
| Long-term debt and lease obligation, including: | 25,753 | 44,849 | 55,780 | 50,454 | 40,556 | 10,215 | |||
| Long-term debt, excluding current maturities | 30,327 | 39,237 | 50,454 | 40,556 | 10,215 | ||||
| Other undisclosed long-term debt and lease obligation | 12,312 | ||||||||
| Liabilities, other than long-term debt, including: | 9,817 | 9,584 | 9,614 | 13,499 | 14,075 | 8,939 | |||
| Deferred tax liabilities, net | ✕ | ✕ | ✕ | ✕ | 46 | ||||
| Deferred income tax liabilities | 528 | ✕ | ✕ | ✕ | |||||
| Liability, pension and other postretirement and postemployment benefits | 2,380 | 7,630 | 8,580 | 8,803 | 5,045 | ||||
| Other liabilities | 7,437 | 9,584 | 52 | ||||||
| Operating lease, liability | 13,441 | 14,522 | 16,543 | ✕ | ✕ | ✕ | |||
| Derivative instruments and hedges, liabilities | 389 | ||||||||
| Other undisclosed liabilities, other than long-term debt | 1,404 | 4,919 | 4,883 | 3,848 | |||||
| Other undisclosed noncurrent liabilities | 11,061 | ||||||||
| Total noncurrent liabilities: | 46,631 | 54,433 | 65,394 | 63,953 | 54,631 | 19,154 | |||
| Total liabilities: | 152,606 | 143,257 | 174,473 | 180,336 | 208,502 | 165,482 | |||
| Equity | |||||||||
| Equity, attributable to parent | 152,961 | 180,407 | 160,206 | 160,240 | 194,451 | 225,405 | |||
| Common stock | 133 | 126 | 121 | 116 | 111 | 106 | |||
| Additional paid in capital | 610,085 | 597,460 | 582,504 | 564,722 | 545,953 | 532,378 | |||
| Accumulated other comprehensive income (loss) | 2,376 | 1,735 | (7,871) | (7,126) | 398 | (8,401) | |||
| Accumulated deficit | (459,633) | (418,914) | (414,548) | (397,472) | (352,011) | (298,678) | |||
| Total equity: | 152,961 | 180,407 | 160,206 | 160,240 | 194,451 | 225,405 | |||
| TOTAL LIABILITIES AND EQUITY: | 305,567 | 323,664 | 334,679 | 340,576 | 402,953 | 390,887 | |||
Income Statement (P&L) ($ in thousands)
| 6/30/2022 TTM | 12/31/2021 | 12/31/2020 | 12/31/2019 | 12/31/2018 | 12/31/2017 | 12/31/2016 | ||
|---|---|---|---|---|---|---|---|---|
| Revenues | 290,289 | 371,163 | 356,804 | 322,540 | 292,894 | 411,423 | ||
| Revenue, net | ✕ | ✕ | ✕ | ✕ | ✕ | 292,894 | 411,423 | |
| Cost of revenue (Cost of Goods and Services Sold) | (222,701) | (268,081) | (267,991) | (256,367) | (231,415) | (294,290) | ||
| Gross profit: | 67,588 | 103,082 | 88,813 | 66,173 | 61,479 | 117,133 | ||
| Operating expenses | (105,418) | (99,516) | (103,355) | (107,831) | (112,843) | (114,114) | ||
| Operating income (loss): | (37,830) | 3,566 | (14,542) | (41,658) | (51,364) | 3,019 | ||
| Nonoperating income (expense) | (1,181) | (6,730) | (901) | (650) | (1,060) | 373 | ||
| Investment income, nonoperating | 409 | 182 | 376 | 397 | 198 | 303 | ||
| Other nonoperating income (expense) | (621) | (5,730) | 642 | 1,446 | 104 | 472 | ||
| Interest and debt expense | (969) | (1,182) | (1,919) | (2,493) | (1,362) | (402) | ||
| Other undisclosed income from continuing operations before equity method investments, income taxes | 1,182 | 1,919 | 2,493 | 1,362 | 402 | |||
| Income (loss) from continuing operations before equity method investments, income taxes: | (39,980) | (3,164) | (15,443) | (42,308) | (52,424) | 3,392 | ||
| Other undisclosed income from continuing operations before income taxes | 969 | |||||||
| Income (loss) from continuing operations before income taxes: | (39,011) | (3,164) | (15,443) | (42,308) | (52,424) | 3,392 | ||
| Income tax expense | (1,708) | (1,202) | (1,633) | (1,329) | (909) | (3,597) | ||
| Loss from continuing operations: | (40,719) | (4,366) | (17,076) | (43,637) | (53,333) | (205) | ||
| Loss before gain (loss) on sale of properties: | ✕ | (40,719) | (4,366) | (17,076) | (43,637) | (53,333) | (205) | |
| Net loss available to common stockholders, diluted: | (40,719) | (4,366) | (17,076) | (43,637) | (53,333) | (205) | ||
Comprehensive Income ($ in thousands)
| 6/30/2022 TTM | 12/31/2021 | 12/31/2020 | 12/31/2019 | 12/31/2018 | 12/31/2017 | 12/31/2016 | ||
|---|---|---|---|---|---|---|---|---|
| Net loss: | (40,719) | (4,366) | (17,076) | (43,637) | (53,333) | (205) | ||
| Other comprehensive income (loss) | (10) | 9,606 | (745) | (7,524) | 8,799 | (6,678) | ||
| Comprehensive income (loss): | (40,729) | 5,240 | (17,821) | (51,161) | (44,534) | (6,883) | ||
| Other undisclosed comprehensive income, net of tax, attributable to parent | 651 | |||||||
| Comprehensive income (loss), net of tax, attributable to parent: | (40,078) | 5,240 | (17,821) | (51,161) | (44,534) | (6,883) | ||
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.