Ocugen, Inc. (OCGN) Financial Statements (2025 and earlier)
Company Profile
| Business Address |
11 GREAT VALLEY PARKWAY MALVERN, PA 19355 |
| State of Incorp. | DE |
| Fiscal Year End | December 31 |
| Industry (SIC) | 2836 - Biological Products, Except Diagnostic Substances (benchmarking) |
| More info | Complete Financial Analysis Financial Benchmarking |
Balance Sheet (Statement of Financial Position) ($ in thousands)
| 6/30/2025 MRQ | 12/31/2024 | 12/31/2023 | 12/31/2022 | 12/31/2021 | 12/31/2020 | 12/31/2019 | |||
|---|---|---|---|---|---|---|---|---|---|
| ASSETS | |||||||||
| Current Assets | |||||||||
| Cash, cash equivalents, and short-term investments | 58,514 | 39,462 | 90,934 | 94,958 | 24,039 | 7,444 | |||
| Cash and cash equivalent | 58,514 | 39,462 | 77,563 | 94,958 | 24,039 | 7,444 | |||
| Short-term investments | 13,371 | ||||||||
| Advances on inventory purchases | 4,988 | ||||||||
| Asset, held-for-sale, not part of disposal group | 7,000 | ||||||||
| Other undisclosed current assets | 3,168 | 3,509 | 7,558 | 2,700 | 1,838 | 1,322 | |||
| Total current assets: | 61,682 | 42,971 | 98,492 | 102,646 | 25,878 | 15,766 | |||
| Noncurrent Assets | |||||||||
| Property, plant and equipment | 16,554 | 17,290 | 6,053 | 1,164 | 633 | 222 | |||
| Restricted cash and investments | 307 | 151 | 151 | 151 | |||||
| Other noncurrent assets | 3,899 | 4,286 | 4,087 | 1,800 | 714 | 668 | |||
| Total noncurrent assets: | 20,760 | 21,576 | 10,140 | 3,115 | 1,499 | 1,041 | |||
| TOTAL ASSETS: | 82,442 | 64,547 | 108,632 | 105,761 | 27,376 | 16,807 | |||
| LIABILITIES AND EQUITY | |||||||||
| Liabilities | |||||||||
| Current Liabilities | |||||||||
| Accounts payable and accrued liabilities | 10,475 | 5,114 | 17,962 | 5,068 | 3,325 | 4,166 | |||
| Employee-related liabilities | ✕ | ✕ | ✕ | ✕ | 1,716 | ||||
| Accounts payable | 4,243 | 3,172 | 8,062 | 2,312 | 395 | 1,896 | |||
| Accrued liabilities | 6,232 | 1,942 | 9,900 | 1,040 | 2,930 | 2,270 | |||
| Debt | 1,326 | 234 | 172 | ||||||
| Other liabilities | 10 | 206 | |||||||
| Other undisclosed current liabilities | 9,787 | 11,975 | 498 | 1,932 | 44 | ||||
| Total current liabilities: | 21,588 | 17,089 | 18,460 | 7,000 | 3,614 | 4,544 | |||
| Noncurrent Liabilities | |||||||||
| Long-term debt and lease obligation | 27,345 | 2,800 | 2,289 | 2,943 | 2,212 | 1,235 | |||
| Long-term debt, excluding current maturities | 27,345 | 2,800 | 2,289 | 1,712 | 1,823 | 1,072 | |||
| Liabilities, other than long-term debt | 3,877 | 4,094 | 3,831 | 10 | |||||
| Other liabilities | 564 | 527 | 244 | 10 | |||||
| Operating lease, liability | 3,313 | 3,567 | 3,587 | 1,231 | 389 | 163 | |||
| Other undisclosed noncurrent liabilities | (1,231) | (389) | |||||||
| Total noncurrent liabilities: | 31,222 | 6,894 | 6,120 | 2,943 | 2,212 | 1,245 | |||
| Total liabilities: | 52,810 | 23,983 | 24,580 | 9,943 | 5,826 | 5,789 | |||
| Equity | |||||||||
| Equity, attributable to parent, including: | 29,632 | 40,564 | 84,052 | 95,818 | 21,550 | 11,018 | |||
| Common stock | 2,915 | 2,567 | 2,217 | 1,995 | 1,841 | 527 | |||
| Treasury stock, value | (48) | (48) | (48) | (48) | (48) | (48) | |||
| Additional paid in capital | 366,938 | 324,191 | 294,874 | 225,537 | 93,059 | 62,019 | |||
| Accumulated other comprehensive income | 48 | 20 | 26 | ||||||
| Retained earnings (accumulated deficit) | (340,221) | (286,167) | (213,018) | (131,667) | (73,302) | 51,480 | |||
| Other undisclosed equity, attributable to parent | 1 | 1 | 1 | (102,960) | |||||
| Total equity: | 29,632 | 40,564 | 84,052 | 95,818 | 21,550 | 11,018 | |||
| TOTAL LIABILITIES AND EQUITY: | 82,442 | 64,547 | 108,632 | 105,761 | 27,376 | 16,807 | |||
Income Statement (P&L) ($ in thousands)
| 6/30/2025 TTM | 12/31/2024 | 12/31/2023 | 12/31/2022 | 12/31/2021 | 12/31/2020 | 12/31/2019 | ||
|---|---|---|---|---|---|---|---|---|
| Revenues | 4,055 | 6,036 | 43 | |||||
| Cost of revenue (Provision for Loan, Lease, and Other Losses) | (761) | |||||||
| Gross profit: | 4,055 | 6,036 | (761) | 43 | ||||
| Operating expenses | (58,812) | (71,567) | (84,868) | (58,028) | (21,327) | (14,163) | ||
| Other undisclosed operating income | 761 | |||||||
| Operating loss: | (54,757) | (65,531) | (84,868) | (58,028) | (21,285) | (14,163) | ||
| Nonoperating income (expense) | 703 | 2,453 | 3,517 | (389) | (537) | (6,080) | ||
| Investment income, nonoperating | 1 | 1 | ||||||
| Other nonoperating income (expense) | (310) | 183 | (785) | |||||
| Interest and debt expense | 426 | (721) | (1,768) | |||||
| Loss from continuing operations before equity method investments, income taxes: | (54,054) | (63,078) | (81,351) | (57,991) | (22,543) | (22,010) | ||
| Other undisclosed loss from continuing operations before income taxes | (426) | |||||||
| Loss from continuing operations before income taxes: | (54,054) | (63,078) | (81,351) | (58,417) | (22,543) | (22,010) | ||
| Income tax benefit | 52 | |||||||
| Loss from continuing operations: | (54,054) | (63,078) | (81,351) | (58,365) | (22,543) | (22,010) | ||
| Loss before gain (loss) on sale of properties: | ✕ | ✕ | ✕ | ✕ | (58,365) | (22,543) | (22,010) | |
| Other undisclosed net income | 721 | 1,768 | ||||||
| Net loss: | (54,054) | (63,078) | (81,351) | (58,365) | (21,822) | (20,243) | ||
| Other undisclosed net income attributable to parent | ||||||||
| Net loss attributable to parent: | (54,054) | (63,078) | (81,351) | (58,365) | (21,822) | (20,243) | ||
| Preferred stock dividends and other adjustments | (12,546) | |||||||
| Net loss available to common stockholders, diluted: | (54,054) | (63,078) | (81,351) | (58,365) | (34,368) | (20,243) | ||
Comprehensive Income ($ in thousands)
| 6/30/2025 TTM | 12/31/2024 | 12/31/2023 | 12/31/2022 | 12/31/2021 | 12/31/2020 | 12/31/2019 | ||
|---|---|---|---|---|---|---|---|---|
| Net loss: | (54,054) | (63,078) | (81,351) | (58,365) | (21,822) | (20,243) | ||
| Other comprehensive income (loss) | 28 | (6) | 26 | |||||
| Other undisclosed comprehensive income | ||||||||
| Comprehensive loss: | (54,026) | (63,084) | (81,325) | (58,365) | (21,822) | (20,243) | ||
| Other undisclosed comprehensive income (loss), net of tax, attributable to parent | (0) | |||||||
| Comprehensive loss, net of tax, attributable to parent: | (54,026) | (63,084) | (81,325) | (58,365) | (21,822) | (20,243) | ||
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.