Protalix BioTherapeutics Inc. (DE) (PLX) Financial Statements (2025 and earlier)
Company Profile
| Business Address |
2 UNIVERSITY PLAZA HACKENSACK, NJ 07601 |
| 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)
| 9/30/2024 MRQ | 12/31/2023 | 12/31/2022 | 12/31/2021 | 12/31/2020 | 12/31/2019 | 12/31/2018 | |||
|---|---|---|---|---|---|---|---|---|---|
| ASSETS | |||||||||
| Current Assets | |||||||||
| Cash, cash equivalents, and short-term investments | 23,634 | 17,111 | 38,985 | 18,265 | 17,792 | 37,808 | |||
| Cash and cash equivalents | 23,634 | 17,111 | 38,985 | 18,265 | 17,792 | 37,808 | |||
| Receivables | 5,272 | 4,586 | 3,442 | 2,000 | 4,700 | 4,729 | |||
| Inventory, net of allowances, customer advances and progress billings | 19,045 | 16,804 | 17,954 | 13,082 | 8,155 | 8,569 | |||
| Inventory | 19,045 | 16,804 | 17,954 | 13,082 | 8,155 | 8,569 | |||
| Other current assets | 1,055 | 1,310 | 1,285 | 2,096 | 1,832 | 1,877 | |||
| Other undisclosed current assets | 20,926 | 5,069 | 20,280 | ||||||
| Total current assets: | 69,932 | 44,880 | 61,666 | 55,723 | 32,479 | 52,983 | |||
| Noncurrent Assets | |||||||||
| Operating lease, right-of-use asset | 5,909 | 5,087 | 4,960 | 5,567 | 5,677 | ✕ | |||
| Property, plant and equipment | 4,973 | 4,553 | 4,962 | 4,845 | 5,273 | 6,390 | |||
| Deferred income tax assets | 3,092 | ✕ | |||||||
| Other undisclosed noncurrent assets | 528 | 1,267 | 2,077 | 1,799 | 1,963 | 1,758 | |||
| Total noncurrent assets: | 14,502 | 10,907 | 11,999 | 12,211 | 12,913 | 8,148 | |||
| TOTAL ASSETS: | 84,434 | 55,787 | 73,665 | 67,934 | 45,392 | 61,131 | |||
| LIABILITIES AND EQUITY | |||||||||
| Liabilities | |||||||||
| Current Liabilities | |||||||||
| Accounts payable and accrued liabilities | 19,550 | 12,271 | 16,433 | 13,926 | 11,905 | 10,274 | |||
| Accounts payable | 19,550 | 12,271 | 16,433 | 13,926 | 11,905 | 10,274 | |||
| Deferred revenue | 13,178 | 8,550 | 5,394 | 16,335 | ✕ | ||||
| Debt | 20,251 | 59,933 | 5,440 | ||||||
| Contract with customer, liability | ✕ | ✕ | ✕ | ✕ | ✕ | ✕ | 9,868 | ||
| Other undisclosed current liabilities | 5,729 | 6,980 | 8,193 | 7,221 | 6,495 | 5,211 | |||
| Total current liabilities: | 45,530 | 32,429 | 33,176 | 86,474 | 40,175 | 25,353 | |||
| Noncurrent Liabilities | |||||||||
| Long-term debt and lease obligation | 28,187 | 32,263 | 4,467 | 55,485 | 47,966 | ||||
| Long-term debt, excluding current maturities | 28,187 | 27,887 | 50,957 | 47,966 | |||||
| Liabilities, other than long-term debt | 5,335 | 5,811 | 14,262 | 4,030 | 20,054 | 40,693 | |||
| Deferred revenue | 11,790 | 1,716 | 16,980 | ✕ | |||||
| Contract with customer, liability | ✕ | ✕ | ✕ | ✕ | ✕ | ✕ | 33,027 | ||
| Liability, pension and other postretirement and postemployment benefits | 714 | 1,642 | 2,472 | 2,263 | 2,565 | 2,374 | |||
| Other liabilities | 51 | 509 | 5,292 | ||||||
| Operating lease, liability | 4,621 | 4,169 | 4,376 | 4,467 | 4,528 | ✕ | |||
| Total noncurrent liabilities: | 5,335 | 33,998 | 46,525 | 8,497 | 75,539 | 88,659 | |||
| Total liabilities: | 50,865 | 66,427 | 79,701 | 94,971 | 115,714 | 114,012 | |||
| Equity | |||||||||
| Equity, attributable to parent | 33,569 | (10,640) | (6,036) | (27,037) | (70,322) | (52,881) | |||
| Common stock | 73 | 54 | 46 | 35 | 15 | 148 | |||
| Additional paid in capital | 415,045 | 379,167 | 368,852 | 320,280 | 270,492 | 269,524 | |||
| Accumulated deficit | (381,549) | (389,861) | (374,934) | (347,352) | (340,829) | (322,553) | |||
| Other undisclosed equity, attributable to parent | |||||||||
| Total equity: | 33,569 | (10,640) | (6,036) | (27,037) | (70,322) | (52,881) | |||
| TOTAL LIABILITIES AND EQUITY: | 84,434 | 55,787 | 73,665 | 67,934 | 45,392 | 61,131 | |||
Income Statement (P&L) ($ in thousands)
| 9/30/2024 TTM | 12/31/2023 | 12/31/2022 | 12/31/2021 | 12/31/2020 | 12/31/2019 | 12/31/2018 | ||
|---|---|---|---|---|---|---|---|---|
| Revenues | 65,494 | 47,638 | 38,350 | 62,898 | 54,693 | |||
| Cost of revenue | (22,982) | (19,592) | (16,349) | (10,873) | (10,895) | (9,302) | ||
| Gross profit: | 42,512 | 28,046 | 22,001 | 52,025 | 43,798 | (9,302) | ||
| Operating expenses | (32,052) | (41,060) | (42,463) | (49,315) | (54,592) | (46,450) | ||
| Other undisclosed operating income | 77 | 36,444 | ||||||
| Operating income (loss): | 10,460 | (13,014) | (20,462) | 2,710 | (10,717) | (19,308) | ||
| Nonoperating expense (Other Nonoperating expense) | (1,894) | (1,383) | (7,120) | (9,233) | (7,559) | (7,149) | ||
| Interest and debt expense | (831) | (3,470) | (2,991) | (2,602) | ||||
| Income (loss) from continuing operations before income taxes: | 8,566 | (14,397) | (28,413) | (9,993) | (21,267) | (29,059) | ||
| Income tax expense | (254) | (530) | ||||||
| Income (loss) from continuing operations: | 8,312 | (14,927) | (28,413) | (9,993) | (21,267) | (29,059) | ||
| Loss before gain (loss) on sale of properties: | ✕ | ✕ | ✕ | (28,413) | (9,993) | (21,267) | (29,059) | |
| Net income (loss): | 8,312 | (14,927) | (28,413) | (9,993) | (21,267) | (29,059) | ||
| Other undisclosed net income attributable to parent | 831 | 3,470 | 2,991 | 2,602 | ||||
| Net income (loss) available to common stockholders, basic: | 8,312 | (14,927) | (27,582) | (6,523) | (18,276) | (26,457) | ||
| Dilutive securities, effect on basic earnings per share | (1,168) | |||||||
| Net income (loss) available to common stockholders, diluted: | 7,144 | (14,927) | (27,582) | (6,523) | (18,276) | (26,457) | ||
Comprehensive Income ($ in thousands)
| 9/30/2024 TTM | 12/31/2023 | 12/31/2022 | 12/31/2021 | 12/31/2020 | 12/31/2019 | 12/31/2018 | ||
|---|---|---|---|---|---|---|---|---|
| Net income (loss): | 8,312 | (14,927) | (28,413) | (9,993) | (21,267) | (29,059) | ||
| Comprehensive income (loss), net of tax, attributable to parent: | 8,312 | (14,927) | (28,413) | (9,993) | (21,267) | (29,059) | ||
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.