Orgenesis Inc. (ORGS) Financial Statements (2024 and earlier)
Company Profile
| Business Address |
20271 GOLDENROD LANE GERMANTOWN, MD 20876 |
| State of Incorp. | NV |
| Fiscal Year End | December 31 |
| Industry (SIC) | 2834 - Pharmaceutical Preparations (benchmarking) |
| More info | Complete Financial Analysis Financial Benchmarking |
Balance Sheet (Statement of Financial Position) ($ in thousands)
| 6/30/2024 MRQ | 12/31/2023 | 12/31/2022 | 12/31/2021 | 12/31/2020 | 12/31/2019 | 11/30/2018 | |||
|---|---|---|---|---|---|---|---|---|---|
| ASSETS | |||||||||
| Current Assets | |||||||||
| Cash, cash equivalents, and short-term investments | 837 | 5,311 | 5,473 | 44,923 | 11,388 | 16,456 | |||
| Cash and cash equivalents | 837 | 5,311 | 5,473 | 44,923 | 11,388 | 16,456 | |||
| Restricted cash and investments | 642 | 1,058 | 501 | 645 | |||||
| Receivables | 88 | 38,871 | 15,414 | 3,254 | 10,668 | 4,592 | |||
| Inventory, net of allowances, customer advances and progress billings | 34 | 120 | 118 | 185 | 2,043 | 1,736 | |||
| Inventory | 34 | 120 | 118 | 185 | 2,043 | 1,736 | |||
| Prepaid expense | 1,227 | 913 | |||||||
| Other undisclosed current assets | 2,475 | 958 | 4,252 | 1,070 | 653 | 6,600 | |||
| Total current assets: | 4,076 | 46,318 | 25,758 | 50,077 | 25,979 | 30,297 | |||
| Noncurrent Assets | |||||||||
| Operating lease, right-of-use asset | 351 | 2,304 | 1,015 | 1,474 | 9,585 | ✕ | |||
| Property, plant and equipment | 1,475 | 22,834 | 10,271 | 3,073 | 24,454 | 11,901 | |||
| Long-term investments and receivables | 8 | 135 | 1,405 | 175 | 2,623 | 1,007 | |||
| Due from related parties | ✕ | ✕ | 432 | 2,623 | 1,007 | ||||
| Long-term investments | 8 | 135 | 152 | 175 | |||||
| Accounts and financing receivable, after allowance for credit loss | 821 | ||||||||
| Intangible assets, net (including goodwill) | 8,586 | 17,881 | 20,224 | 21,768 | 29,147 | 31,865 | |||
| Goodwill | 1,211 | 8,187 | 8,403 | 8,745 | 14,941 | 15,165 | |||
| Intangible assets, net (excluding goodwill) | 7,375 | 9,694 | 11,821 | 13,023 | 14,206 | 16,700 | |||
| Deposits noncurrent assets | 38 | 331 | 363 | 296 | 625 | 85 | |||
| Deferred income tax assets | 103 | ✕ | |||||||
| Other noncurrent assets | 18 | 1,022 | 805 | 821 | 82 | 292 | |||
| Other undisclosed noncurrent assets | |||||||||
| Total noncurrent assets: | 10,476 | 44,610 | 34,083 | 27,607 | 66,516 | 45,150 | |||
| TOTAL ASSETS: | 14,552 | 90,928 | 59,841 | 77,684 | 92,495 | 75,447 | |||
| LIABILITIES AND EQUITY | |||||||||
| Liabilities | |||||||||
| Current Liabilities | |||||||||
| Accounts payable and accrued liabilities | 2,218 | 7,007 | 7,199 | 10,119 | 17,011 | 9,079 | |||
| Taxes payable | ✕ | ✕ | ✕ | 54 | 7 | ||||
| Employee-related liabilities | ✕ | ✕ | ✕ | 1,907 | 1,463 | 3,719 | 3,006 | ||
| Accounts payable | 4,429 | 5,238 | 8,649 | 11,305 | 3,804 | ||||
| Accrued liabilities | 2,218 | 2,578 | 1,987 | 2,269 | |||||
| Deferred revenue | 200 | 70 | 59 | 59 | 8,626 | ✕ | |||
| Debt | 3,338 | 60 | 5,903 | 145 | 3,564 | 1,393 | |||
| Other liabilities | 4,504 | 145 | |||||||
| Other undisclosed current liabilities | 10,651 | 4,269 | 2,204 | 5,817 | 2,378 | 6,673 | |||
| Total current liabilities: | 16,407 | 15,910 | 15,365 | 16,285 | 31,579 | 17,145 | |||
| Noncurrent Liabilities | |||||||||
| Long-term debt and lease obligation | 18,971 | 13,438 | 5,456 | 8,284 | 21,585 | 2,700 | |||
| Long-term debt, excluding current maturities | 18,967 | 13,343 | 4,854 | 7,200 | 13,373 | 2,700 | |||
| Finance lease, liability | 4 | 95 | 41 | 64 | 688 | ✕ | |||
| Liabilities, other than long-term debt | 157 | 2,162 | 389 | 387 | 372 | 1,098 | |||
| Liability, pension and other postretirement and postemployment benefits | 163 | 101 | 74 | 41 | 265 | ||||
| Other liabilities | 61 | 271 | 288 | 313 | 331 | 833 | |||
| Operating lease, liability | 96 | 1,728 | 561 | 1,020 | 7,524 | ✕ | |||
| Other undisclosed noncurrent liabilities | 144 | 1,926 | 1,702 | ||||||
| Total noncurrent liabilities: | 19,128 | 15,744 | 5,845 | 8,671 | 23,883 | 5,500 | |||
| Total liabilities: | 35,535 | 31,654 | 21,210 | 24,956 | 55,462 | 22,645 | |||
| Temporary equity, carrying amount | 30,203 | ||||||||
| Equity | |||||||||
| Equity, attributable to parent | (20,983) | 27,561 | 38,488 | 52,579 | 5,477 | 28,350 | |||
| Common stock | 3 | 3 | 3 | 3 | 2 | 1 | |||
| Treasury stock, value | (1,266) | (1,266) | (1,266) | (250) | |||||
| Common stock, share subscribed but unissued, subscriptions receivable | 2,253 | ||||||||
| Additional paid in capital | 156,837 | 150,355 | 145,916 | 140,397 | 94,691 | 88,082 | |||
| Accumulated other comprehensive income (loss) | 65 | (270) | 207 | 748 | 213 | 425 | |||
| Accumulated deficit | (176,622) | (121,261) | (106,372) | (88,319) | (89,429) | (62,411) | |||
| Equity, attributable to noncontrolling interest | 1,510 | 143 | 149 | 601 | 299 | ||||
| Total equity: | (20,983) | 29,071 | 38,631 | 52,728 | 6,078 | 28,649 | |||
| Other undisclosed liabilities and equity | 30,955 | 24,153 | |||||||
| TOTAL LIABILITIES AND EQUITY: | 14,552 | 90,928 | 59,841 | 77,684 | 92,495 | 75,447 | |||
Income Statement (P&L) ($ in thousands)
| 6/30/2024 TTM | 12/31/2023 | 12/31/2022 | 12/31/2021 | 12/31/2020 | 12/31/2019 | 11/30/2018 | ||
|---|---|---|---|---|---|---|---|---|
| Revenues | 530 | 36,025 | 35,502 | 7,652 | 33,256 | 18,655 | ||
| Revenue from related parties | ✕ | ✕ | 1,284 | 3,856 | 1,475 | |||
| Other operating income | 228 | 2,930 | ||||||
| Fee income | 215 | ✕ | ✕ | ✕ | ✕ | ✕ | ||
| Cost of revenue | (6,255) | (27,066) | (18,232) | (10,824) | ||||
| Gross profit: | (5,725) | 8,959 | 35,502 | 7,652 | 15,024 | 7,831 | ||
| Operating expenses | (45,757) | (16,650) | (51,354) | (102,959) | (37,795) | (22,767) | ||
| Other undisclosed operating income (loss) | (2,154) | (911) | (948) | 191,088 | (1,833) | 286 | ||
| Operating income (loss): | (53,636) | (8,602) | (16,800) | 95,781 | (24,604) | (14,650) | ||
| Nonoperating income (expense) | (7,842) | (1,971) | (1,292) | 1,061 | (874) | (3,117) | ||
| Investment income, nonoperating | (5,343) | |||||||
| Other nonoperating income (expense) | (2,499) | (1,971) | (1,292) | 1,061 | (874) | (3,117) | ||
| Interest and debt expense | (283) | (52) | (1,865) | (927) | (387) | (2,564) | ||
| Other undisclosed income from continuing operations before equity method investments, income taxes | 387 | 2,564 | ||||||
| Income (loss) from continuing operations before equity method investments, income taxes: | (61,761) | (10,625) | (19,957) | 95,915 | (25,478) | (17,767) | ||
| Loss from equity method investments | (1,508) | |||||||
| Other undisclosed income (loss) from continuing operations before income taxes | (2,684) | 173 | 2,006 | 821 | ||||
| Income (loss) from continuing operations before income taxes: | (64,445) | (11,960) | (17,951) | 96,736 | (25,478) | (17,767) | ||
| Income tax expense | (473) | (209) | (108) | (1,609) | (563) | (1,337) | ||
| Income (loss) from continuing operations: | (64,918) | (12,169) | (18,059) | 95,127 | (26,041) | (19,104) | ||
| Loss before gain (loss) on sale of properties: | ✕ | ✕ | ✕ | (18,059) | (579) | (26,041) | (19,104) | |
| Loss from discontinued operations | (95,706) | |||||||
| Net loss: | (64,918) | (12,169) | (18,059) | (579) | (26,041) | (19,104) | ||
| Net income attributable to noncontrolling interest | 1,920 | 813 | ||||||
| Other undisclosed net income (loss) attributable to parent | 9,557 | (2,720) | 6 | (531) | ||||
| Net loss attributable to parent: | (55,361) | (14,889) | (18,053) | (1,110) | (24,121) | (18,291) | ||
| Other undisclosed net income (loss) available to common stockholders, basic | (100,248) | (4,095) | 37,466 | |||||
| Net income (loss) available to common stockholders, basic: | (55,361) | (14,889) | (18,053) | (101,358) | (28,216) | 19,175 | ||
| Interest on convertible debt | 494 | |||||||
| Net income (loss) available to common stockholders, diluted: | (55,361) | (14,889) | (18,053) | (101,358) | (28,216) | 19,669 | ||
Comprehensive Income ($ in thousands)
| 6/30/2024 TTM | 12/31/2023 | 12/31/2022 | 12/31/2021 | 12/31/2020 | 12/31/2019 | 11/30/2018 | ||
|---|---|---|---|---|---|---|---|---|
| Net loss: | (64,918) | (12,169) | (18,059) | (579) | (26,041) | (19,104) | ||
| Other comprehensive income (loss) | (55,560) | (12,646) | (18,600) | 1,606 | (24,679) | (19,291) | ||
| Other undisclosed comprehensive income | 24,223 | 18,291 | ||||||
| Comprehensive income (loss): | (120,478) | (24,815) | (36,659) | 1,027 | (26,497) | (20,104) | ||
| Comprehensive income (loss), net of tax, attributable to noncontrolling interest | (55,026) | 9,926 | 1,920 | 813 | ||||
| Other undisclosed comprehensive income (loss), net of tax, attributable to parent | 120,478 | (477) | 18,065 | (2,672) | ||||
| Comprehensive loss, net of tax, attributable to parent: | (55,026) | (15,366) | (18,594) | (1,645) | (24,577) | (19,291) | ||
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.