Origin Materials Inc. (ORGN) Financial Statements (2025 and earlier)

Company Profile

Business Address 930 RIVERSIDE PARKWAY
WEST SACRAMENTO, CA 95605
State of Incorp. DE
Fiscal Year End December 31
Industry (SIC) 286 - Industrial Organic Chemicals (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
12/31/2021
12/31/2020
ASSETS
Current Assets
Cash, cash equivalents, and short-term investments158,263323,322444,0951,123
Cash and cash equivalents75,502107,85846,6371,123
Short-term investments82,761215,464397,458 
Restricted cash and investments  490490 
Receivables19,5774,3462,612 
Inventory, net of allowances, customer advances and progress billings912   
Inventory912   
Prepaid expense    221
Derivative instruments and hedges, assets   202 
Advances on inventory purchases    
Other undisclosed current assets8,3603,3413,774 
Total current assets:187,112331,499451,1731,344
Noncurrent Assets
Operating lease, right-of-use asset4,4682,7791,782 
Property, plant and equipment243,118154,18357,185 
Long-term investments and receivables    724,716
Long-term investments    724,716
Intangible assets, net (including goodwill)121160215 
Intangible assets, net (excluding goodwill)121160215 
Deferred income tax assets1,261   
Other noncurrent assets25,7545,07962 
Total noncurrent assets:274,722162,20159,244724,716
TOTAL ASSETS:461,834493,700510,417726,061
LIABILITIES AND EQUITY
Liabilities
Current Liabilities
Accounts payable and accrued liabilities9,54718,7983,4240
Accounts payable1,85810,3842,451 
Accrued liabilities7,6898,4149730
Debt1,730   
Derivative instruments and hedges, liabilities300344103 
Other liabilities91851380 
Other undisclosed current liabilities367619280 
Total current liabilities:12,86219,8124,1870
Noncurrent Liabilities
Long-term debt and lease obligation1,78342,533129,243 
Long-term debt, excluding current maturities1,78342,533127,757 
Liabilities, other than long-term debt12,53410,5468,666 
Due to related parties5,3955,720 
Other liabilities8,3272,9022,946 
Operating lease, liability4,2072,2491,486 
Other undisclosed noncurrent liabilities12,14843,90464,811 
Total noncurrent liabilities:26,46596,983202,720 
Other undisclosed liabilities    103,406
Total liabilities:39,327116,795206,907103,406
Equity
Equity, attributable to parent, including:422,507376,905303,5105,000
Common stock1514161
Additional paid in capital382,854371,072361,54230,869
Accumulated other comprehensive loss(5,932)(15,953)(1,251) 
Retained earnings (accumulated deficit)45,57021,772(56,797)(25,872)
Other undisclosed equity, attributable to parent    2
Other undisclosed equity    617,654
Total equity:422,507376,905303,510622,654
TOTAL LIABILITIES AND EQUITY:461,834493,700510,417726,061

Income Statement (P&L) ($ in thousands)

9/30/2024
TTM
12/31/2023
12/31/2022
12/31/2021
12/31/2020
Revenues28,805 700 
Gain (loss) on disposition of assets for financial service operations1,000(1,000)200 
Other income   500 
Other undisclosed gross profit    
Gross profit:28,805 700 
Operating expenses(60,096)(38,947)(26,933) 
Other undisclosed operating loss(23,591)  (3,029)
Operating loss:(54,882)(39,947)(26,233)(3,029)
Nonoperating income (expense)77,593117,51669,023(22,843)
Other nonoperating income (expense)838   
Interest and debt expense(131) (2,838) 
Other undisclosed loss from continuing operations before equity method investments, income taxes    
Income (loss) from continuing operations before equity method investments, income taxes:22,58077,56939,952(25,872)
Other undisclosed income from continuing operations before income taxes1311,0002,139 
Income (loss) from continuing operations before income taxes:22,71178,56942,091(25,872)
Income tax expense (benefit)1,087(3)(3) 
Income (loss) from continuing operations:23,79878,56642,088(25,872)
Income (loss) before gain (loss) on sale of properties:42,088(25,872)
Net income (loss):23,79878,56642,088(25,872)
Other undisclosed net income attributable to parent  32 
Net income (loss) available to common stockholders, diluted:23,79878,56942,090(25,872)

Comprehensive Income ($ in thousands)

9/30/2024
TTM
12/31/2023
12/31/2022
12/31/2021
12/31/2020
Net income (loss):23,79878,56642,088(25,872)
Other comprehensive loss  (14,702)(1,635) 
Comprehensive income (loss):23,79863,86440,453(25,872)
Other undisclosed comprehensive income, net of tax, attributable to parent10,02132 
Comprehensive income (loss), net of tax, attributable to parent:33,81963,86740,455(25,872)

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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