Origin Materials, Inc. (ORGN) Financial Statements (2024 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)

9/30/2023
Q3
6/30/2023
Q2
3/31/2023
Q1
12/31/2022
Q4
9/30/2022
Q3
6/30/2022
Q2
3/31/2022
Q1
ASSETS
Current Assets
Cash, cash equivalents, and short-term investments217,693263,925323,322361,698406,138427,230
Cash and cash equivalents65,52386,954107,858102,96579,05657,941
Short-term investments152,170176,971215,464258,733327,082369,289
Restricted cash and investments 490490490505490490
Receivables14,0957,9234,3463,5372,9892,792
Inventory, net of allowances, customer advances and progress billings346328    
Inventory346328    
Derivative instruments and hedges, assets160477 1,826695213
Other undisclosed current assets3,2683,8913,3415,2372,7352,559
Total current assets:236,052277,034331,499372,803413,047433,284
Noncurrent Assets
Operating lease, right-of-use asset2,4792,6252,7793,0233,2142,710
Property, plant and equipment220,807190,669154,183111,39882,27369,329
Intangible assets, net (including goodwill)142150160168190206
Intangible assets, net (excluding goodwill)142150160168190206
Other noncurrent assets17,22412,9925,0795,0806295
Total noncurrent assets:240,652206,436162,201119,66985,73972,340
TOTAL ASSETS:476,704483,470493,700492,472498,786505,624
LIABILITIES AND EQUITY
Liabilities
Current Liabilities
Accounts payable and accrued liabilities11,11013,60818,79812,9988,0575,556
Accounts payable6,7557,92210,3847,6464,6083,088
Accrued liabilities4,3555,6868,4145,3523,4492,468
Derivative instruments and hedges, liabilities 961344  947
Other liabilities397731512,59486990
Other undisclosed current liabilities611624619599624412
Total current liabilities:12,12715,02419,81216,1919,5507,005
Noncurrent Liabilities
Long-term debt and lease obligation22,38629,89442,53366,69181,997114,873
Long-term debt, excluding current maturities22,38629,89442,53364,19779,343112,531
Liabilities, other than long-term debt10,90510,92110,5468,2398,6448,676
Due to related parties5,3955,3285,8485,776
Other liabilities8,9438,8292,9022,9112,7962,900
Operating lease, liability1,9622,0922,2492,4942,6542,342
Other undisclosed noncurrent liabilities38,78336,48943,90449,32147,68766,675
Total noncurrent liabilities:72,07477,30496,983124,251138,328190,224
Total liabilities:84,20192,328116,795140,442147,878197,229
Equity
Equity, attributable to parent392,503391,142376,905352,030350,908308,394
Common stock141414141416
Additional paid in capital377,059374,010371,072366,332364,853362,770
Accumulated other comprehensive loss(9,647)(14,423)(15,953)(20,095)(11,439)(4,941)
Retained earnings (accumulated deficit)25,07731,54121,7725,779(2,520)(49,451)
Other undisclosed equity      1
Total equity:392,503391,142376,905352,030350,908308,395
TOTAL LIABILITIES AND EQUITY:476,704483,470493,700492,472498,786505,624

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

9/30/2023
Q3
6/30/2023
Q2
3/31/2023
Q1
12/31/2022
Q4
9/30/2022
Q3
6/30/2022
Q2
3/31/2022
Q1
Revenues6,8981,704(1,300)   
Gain (loss) on disposition of assets for financial service operations100(800)   (500)
Cost of revenue(6,814)(960)    
Gross profit:84744(1,300)   
Operating expenses(14,362)(13,019)(12,973)(9,746)(8,673)(7,556)
Other undisclosed operating loss   (1,000)   
Operating loss:(14,278)(12,275)(15,273)(9,746)(8,673)(8,056)
Nonoperating income7,94322,04428,96618,04555,60414,902
Investment income, nonoperating 2,4263,0142,7482,3091,9361,833
Interest and debt expense (2)     
Income (loss) from continuing operations before equity method investments, income taxes:(6,337)9,76913,6938,29946,9316,846
Other undisclosed income from continuing operations before income taxes 2 1,000   
Income (loss) from continuing operations before income taxes:(6,335)9,76914,6938,29946,9316,846
Income tax expense(129)     
Other undisclosed loss from continuing operations   (3)   
Income (loss) from continuing operations:(6,464)9,76914,6908,29946,9316,846
Income before gain (loss) on sale of properties:8,29946,9316,846
Net income (loss):(6,464)9,76914,6908,29946,9316,846
Other undisclosed net income attributable to parent   1,303  500
Net income (loss) available to common stockholders, diluted:(6,464)9,76915,9938,29946,9317,346

Comprehensive Income ($ in thousands)

9/30/2023
Q3
6/30/2023
Q2
3/31/2023
Q1
12/31/2022
Q4
9/30/2022
Q3
6/30/2022
Q2
3/31/2022
Q1
Net income (loss):(6,464)9,76914,6908,29946,9316,846
Other comprehensive income (loss)   4,142(8,656)(6,498)(3,690)
Comprehensive income (loss):(6,464)9,76918,832(357)40,4333,156
Other undisclosed comprehensive income (loss), net of tax, attributable to parent4,7761,5301,303  500
Comprehensive income (loss), net of tax, attributable to parent:(1,688)11,29920,135(357)40,4333,656

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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