PureCycle Technologies, Inc. (PCTTW) Financial Statements (2025 and earlier)
Company Profile
| Business Address |
20 NORTH ORANGE AVE ORLANDO, FL 32801 |
| State of Incorp. | |
| Fiscal Year End | December 31 |
| Industry (SIC) | 2821 - Plastics Materials, Synthetic Resins, and Nonvulcanizable Elastomers (benchmarking) |
| More info | Complete Financial Analysis Financial Benchmarking |
Balance Sheet (Statement of Financial Position) ($ in thousands)Annual | Quarterly
| 6/30/2025 Q2 | 3/31/2025 Q1 | 12/31/2024 Q4 | 9/30/2024 Q3 | 6/30/2024 Q2 | 3/31/2024 Q1 | 12/31/2023 Q4 | |||
|---|---|---|---|---|---|---|---|---|---|
| ASSETS | |||||||||
| Current Assets | |||||||||
| Cash, cash equivalents, and short-term investments | 22,482 | 15,683 | 83,673 | 10,895 | 27,208 | 121,637 | |||
| Cash and cash equivalent | 22,482 | 15,683 | 83,673 | 10,895 | 25,021 | 73,411 | |||
| Short-term investments | 2,187 | 48,226 | |||||||
| Restricted cash and investments | 5,761 | 16,656 | 241 | 2,880 | 7,566 | 25,692 | |||
| Receivables | 1,494 | ||||||||
| Inventory, net of allowances, customer advances and progress billings | 8,683 | 8,087 | 6,620 | 6,114 | |||||
| Inventory | 8,683 | 8,087 | 6,620 | 6,114 | |||||
| Other undisclosed current assets | 11,242 | 13,473 | 10,962 | 12,039 | 16,397 | 15,316 | |||
| Total current assets: | 49,662 | 53,899 | 101,496 | 31,928 | 51,171 | 162,645 | |||
| Noncurrent Assets | |||||||||
| Operating lease, right-of-use asset | 56,141 | 56,833 | 27,318 | 27,245 | 28,785 | 29,799 | |||
| Property, plant and equipment | 667,901 | 674,079 | 645,389 | 646,011 | 642,017 | 638,746 | |||
| Regulated entity, other noncurrent assets | 1,300 | ||||||||
| Restricted cash and investments | 9,219 | 9,172 | 9,739 | 9,680 | 7,353 | 203,411 | |||
| Other undisclosed noncurrent assets | 4,415 | 3,102 | 4,835 | 4,889 | 4,689 | 4,772 | |||
| Total noncurrent assets: | 737,676 | 744,486 | 687,281 | 687,825 | 682,844 | 876,728 | |||
| TOTAL ASSETS: | 787,338 | 798,385 | 788,777 | 719,753 | 734,015 | 1,039,373 | |||
| LIABILITIES AND EQUITY | |||||||||
| Liabilities | |||||||||
| Current Liabilities | |||||||||
| Accounts payable and accrued liabilities | 33,821 | 49,855 | 31,926 | 35,171 | 37,769 | 38,272 | |||
| Accounts payable | 6,760 | 6,596 | 2,333 | 4,241 | 8,363 | 2,881 | |||
| Accrued liabilities | 27,061 | 43,259 | 29,593 | 30,930 | 29,406 | 35,391 | |||
| Debt | 12,932 | 10,839 | 3,932 | 3,204 | 9,148 | ||||
| Other liabilities | |||||||||
| Other undisclosed current liabilities | 56,789 | 28,090 | 15,518 | 8,535 | 2,597 | 8,190 | |||
| Total current liabilities: | 90,610 | 90,877 | 58,283 | 47,638 | 43,570 | 55,610 | |||
| Noncurrent Liabilities | |||||||||
| Long-term debt and lease obligation | 66,471 | 74,427 | 62,719 | ||||||
| Long-term debt, excluding current maturities | 66,471 | 74,427 | 62,719 | ||||||
| Liabilities, other than long-term debt | 60,608 | 65,179 | 32,625 | 32,681 | 33,214 | 34,064 | |||
| Deferred revenue | 5,000 | 5,000 | 5,000 | 5,000 | 5,000 | 5,000 | |||
| Other liabilities | 1,615 | 5,514 | 2,163 | 2,233 | 1,944 | 1,811 | |||
| Operating lease, liability | 53,993 | 54,665 | 25,462 | 25,448 | 26,270 | 27,253 | |||
| Other undisclosed noncurrent liabilities | 397,907 | 395,409 | 382,026 | 285,104 | 320,392 | 529,463 | |||
| Total noncurrent liabilities: | 458,515 | 527,059 | 489,078 | 380,504 | 353,606 | 563,527 | |||
| Total liabilities: | 549,125 | 617,936 | 547,361 | 428,142 | 397,176 | 619,137 | |||
| Temporary equity, including noncontrolling interest | |||||||||
| Equity | |||||||||
| Equity, attributable to parent | 238,213 | 180,449 | 241,416 | 291,611 | 336,839 | 420,236 | |||
| Common stock | 180 | 174 | 173 | 165 | 165 | 164 | |||
| Additional paid in capital | 862,593 | 813,573 | 809,996 | 769,494 | 766,519 | 764,344 | |||
| Accumulated other comprehensive income (loss) | (16) | 78 | (55) | 11 | 2 | (32) | |||
| Accumulated deficit | (624,544) | (633,376) | (568,698) | (478,059) | (429,847) | (344,240) | |||
| Total equity: | 238,213 | 180,449 | 241,416 | 291,611 | 336,839 | 420,236 | |||
| TOTAL LIABILITIES AND EQUITY: | 787,338 | 798,385 | 788,777 | 719,753 | 734,015 | 1,039,373 | |||
Income Statement (P&L) ($ in thousands)Annual | Quarterly
| 6/30/2025 Q2 | 3/31/2025 Q1 | 12/31/2024 Q4 | 9/30/2024 Q3 | 6/30/2024 Q2 | 3/31/2024 Q1 | 12/31/2023 Q4 | ||
|---|---|---|---|---|---|---|---|---|
| Revenues | 1,580 | |||||||
| Gross profit: | 1,580 | |||||||
| Operating expenses | (39,301) | (35,180) | (31,298) | (39,922) | (38,982) | (29,032) | ||
| Operating loss: | (37,721) | (35,180) | (31,298) | (39,922) | (38,982) | (29,032) | ||
| Nonoperating income (expense) | 46,553 | (29,577) | (59,341) | (8,290) | (46,625) | 5,499 | ||
| Investment income, nonoperating | 379 | 664 | 414 | 514 | 3,602 | 5,786 | ||
| Interest and debt expense | (15,064) | (14,567) | (21,214) | (16,485) | ||||
| Loss from continuing operations before equity method investments, income taxes: | (6,232) | (64,757) | (105,206) | (48,212) | (106,821) | (40,018) | ||
| Other undisclosed income from continuing operations before income taxes | 14,567 | 31,368 | ||||||
| Loss from continuing operations before income taxes: | (6,232) | (64,757) | (90,639) | (48,212) | (106,821) | (8,650) | ||
| Other undisclosed income (loss) from continuing operations | 79 | (650) | ||||||
| Net loss: | (6,232) | (64,678) | (90,639) | (48,212) | (106,821) | (9,300) | ||
| Other undisclosed net income (loss) attributable to parent | 15,064 | 21,214 | (14,883) | |||||
| Net income (loss) attributable to parent: | 8,832 | (64,678) | (90,639) | (48,212) | (85,607) | (24,183) | ||
| Other undisclosed net loss available to common stockholders, basic | ||||||||
| Net income (loss) available to common stockholders, basic: | 8,832 | (64,678) | (90,639) | (48,212) | (85,607) | (24,183) | ||
| Other undisclosed net loss available to common stockholders, diluted | (748) | |||||||
| Net income (loss) available to common stockholders, diluted: | 8,832 | (64,678) | (90,639) | (48,212) | (85,607) | (24,931) | ||
Comprehensive Income ($ in thousands)Annual | Quarterly
| 6/30/2025 Q2 | 3/31/2025 Q1 | 12/31/2024 Q4 | 9/30/2024 Q3 | 6/30/2024 Q2 | 3/31/2024 Q1 | 12/31/2023 Q4 | ||
|---|---|---|---|---|---|---|---|---|
| Net loss: | (6,232) | (64,678) | (90,639) | (48,212) | (106,821) | (9,300) | ||
| Comprehensive loss: | (6,232) | (64,678) | (90,639) | (48,212) | (106,821) | (9,300) | ||
| Other undisclosed comprehensive income (loss), net of tax, attributable to parent | 14,970 | 133 | (66) | 9 | 21,248 | (14,908) | ||
| Comprehensive income (loss), net of tax, attributable to parent: | 8,738 | (64,545) | (90,705) | (48,203) | (85,573) | (24,208) | ||
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.