ProPhase Labs, Inc. (PRPH) Financial Statements (2025 and earlier)
Company Profile
| Business Address |
711 STEWART AVE, SUITE 200 NEW YORK, NY 11530 |
| State of Incorp. | DE |
| 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)
| 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, including: | 5,300 | 17,437 | 17,263 | 8,455 | 1,360 | 8,241 | |||
| Cash and cash equivalent | 1,609 | 9,109 | 8,408 | 6,816 | 434 | 1,554 | |||
| Short-term investments | 3,127 | 8,328 | 8,855 | 1,639 | 926 | 6,687 | |||
| Other undisclosed cash, cash equivalents, and short-term investments | 564 | ||||||||
| Restricted cash and investments | |||||||||
| Receivables | 36,313 | 37,054 | 37,708 | 3,155 | 2,010 | 2,968 | |||
| Inventory, net of allowances, customer advances and progress billings | 3,841 | 3,976 | 4,600 | 3,039 | 1,459 | 1,903 | |||
| Inventory | 3,841 | 3,976 | 4,600 | 3,039 | 1,459 | 1,903 | |||
| Other undisclosed current assets | 2,131 | 2,366 | 1,746 | 1,238 | 5,116 | 5,126 | |||
| Total current assets: | 47,585 | 60,833 | 61,317 | 15,887 | 9,945 | 18,238 | |||
| Noncurrent Assets | |||||||||
| Finance lease, right-of-use asset, after accumulated amortization | 5,809 | ✕ | |||||||
| Operating lease, right-of-use asset | 4,572 | 4,059 | 4,402 | 4,731 | ✕ | ||||
| Property, plant and equipment | 7,288 | 5,947 | 3,578 | 2,329 | 2,499 | ||||
| Intangible assets, net (including goodwill) | 17,564 | 14,184 | 16,561 | 2,135 | |||||
| Goodwill | 5,231 | 5,709 | 5,709 | 901 | |||||
| Intangible assets, net (excluding goodwill) | 12,333 | 8,475 | 10,852 | 1,234 | |||||
| Prepaid expense | 832 | 121 | 460 | 2,084 | |||||
| Deferred income tax assets | 7,313 | ✕ | |||||||
| Other noncurrent assets | 1,163 | 1,163 | 608 | 240 | |||||
| Other undisclosed noncurrent assets | 7,089 | 2,750 | |||||||
| Total noncurrent assets: | 44,342 | 26,815 | 27,978 | 15,518 | 2,329 | 2,499 | |||
| TOTAL ASSETS: | 91,927 | 87,648 | 89,295 | 31,405 | 12,274 | 20,737 | |||
| LIABILITIES AND EQUITY | |||||||||
| Liabilities | |||||||||
| Current Liabilities | |||||||||
| Accounts payable and accrued liabilities | 9,383 | 5,905 | 7,026 | 3,771 | 432 | 3,366 | |||
| Interest and dividends payable | ✕ | ✕ | ✕ | 2,929 | |||||
| Accounts payable | 9,383 | 5,905 | 7,026 | 3,771 | 432 | 437 | |||
| Accrued liabilities | |||||||||
| Deferred revenue | 2,382 | 2,499 | 2,034 | ✕ | |||||
| Debt | 1,840 | ||||||||
| Other liabilities | 2,683 | 2,072 | 3,807 | 1,731 | 409 | 766 | |||
| Other undisclosed current liabilities | 4,569 | 5,599 | 2,657 | 792 | 92 | 101 | |||
| Total current liabilities: | 20,857 | 16,075 | 15,524 | 6,294 | 933 | 4,233 | |||
| Noncurrent Liabilities | |||||||||
| Long-term debt and lease obligation | 7,016 | 2,400 | 14,238 | 14,393 | |||||
| Long-term debt, excluding current maturities | 2,924 | 2,400 | 10,040 | 9,991 | |||||
| Finance lease, liability | 4,092 | ✕ | |||||||
| Liabilities, other than long-term debt | 5,337 | 5,542 | 905 | 162 | 110 | ||||
| Deferred revenue | 1,100 | 1,059 | 905 | 162 | 110 | ✕ | |||
| Deferred income tax liabilities | 224 | ✕ | |||||||
| Operating lease, liability | 4,237 | 4,259 | 4,198 | 4,402 | ✕ | ||||
| Other undisclosed noncurrent liabilities | 9,334 | ||||||||
| Total noncurrent liabilities: | 21,687 | 7,942 | 15,143 | 14,555 | 110 | ||||
| Total liabilities: | 42,544 | 24,017 | 30,667 | 20,849 | 1,043 | 4,233 | |||
| Equity | |||||||||
| Equity, attributable to parent | 49,383 | 63,631 | 58,628 | 10,556 | 11,231 | 16,504 | |||
| Common stock | 18 | 16 | 16 | 14 | 14 | 14 | |||
| Treasury stock, value | (64,000) | (58,033) | (48,407) | (47,490) | (47,490) | (47,490) | |||
| Additional paid in capital | 118,694 | 109,138 | 104,552 | 61,674 | 60,215 | 59,471 | |||
| Accumulated other comprehensive income (loss) | (300) | 757 | (175) | (11) | (2) | (24) | |||
| Retained earnings (accumulated deficit) | (5,029) | 11,753 | 2,642 | (3,631) | (1,506) | 4,533 | |||
| Total equity: | 49,383 | 63,631 | 58,628 | 10,556 | 11,231 | 16,504 | |||
| TOTAL LIABILITIES AND EQUITY: | 91,927 | 87,648 | 89,295 | 31,405 | 12,274 | 20,737 | |||
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 | 44,384 | 122,647 | 79,042 | 14,514 | 9,876 | 13,126 | ||
| Cost of revenue (Cost of Product and Service Sold) | (28,145) | (51,993) | (37,054) | (9,908) | (7,261) | (8,345) | ||
| Gross profit: | 16,239 | 70,654 | 41,988 | 4,606 | 2,615 | 4,781 | ||
| Operating expenses | (37,852) | (47,059) | (32,187) | (8,591) | (5,854) | (6,415) | ||
| Other undisclosed operating income | 1,892 | |||||||
| Operating income (loss): | (21,613) | 23,595 | 9,801 | (2,093) | (3,239) | (1,634) | ||
| Nonoperating income | 10 | 77 | 642 | 62 | 133 | |||
| Investment income, nonoperating | 77 | 642 | 62 | 133 | ||||
| Other nonoperating income | 10 | |||||||
| Interest and debt expense | (1,275) | (764) | (1,148) | (295) | ||||
| Income (loss) from continuing operations before equity method investments, income taxes: | (22,878) | 22,908 | 9,295 | (2,326) | (3,106) | (1,634) | ||
| Other undisclosed income (loss) from continuing operations before income taxes | 78 | (3,990) | 167 | |||||
| Income (loss) from continuing operations before income taxes: | (22,800) | 22,908 | 5,305 | (2,326) | (3,106) | (1,467) | ||
| Income tax expense (benefit) | 6,018 | (4,445) | 968 | (103) | ||||
| Income (loss) from continuing operations: | (16,782) | 18,463 | 6,273 | (2,326) | (3,106) | (1,570) | ||
| Income (loss) before gain (loss) on sale of properties: | ✕ | ✕ | ✕ | 6,273 | (2,125) | (3,146) | (1,740) | |
| Income (loss) from discontinued operations | 201 | (40) | (170) | |||||
| Net income (loss) attributable to parent: | (16,782) | 18,463 | 6,273 | (2,125) | (3,146) | (1,740) | ||
| Other undisclosed net income available to common stockholders, basic | 1 | |||||||
| Net income (loss) available to common stockholders, basic: | (16,782) | 18,464 | 6,273 | (2,125) | (3,146) | (1,740) | ||
| Other undisclosed net income available to common stockholders, diluted | 632 | 1,000 | ||||||
| Net income (loss) available to common stockholders, diluted: | (16,782) | 19,096 | 7,273 | (2,125) | (3,146) | (1,740) | ||
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): | (16,782) | 18,463 | 6,273 | (2,125) | (3,146) | (1,740) | ||
| Comprehensive income (loss): | (16,782) | 18,463 | 6,273 | (2,125) | (3,146) | (1,740) | ||
| Other undisclosed comprehensive income (loss), net of tax, attributable to parent | (1,057) | 932 | (164) | (9) | 22 | 54 | ||
| Comprehensive income (loss), net of tax, attributable to parent: | (17,839) | 19,395 | 6,109 | (2,134) | (3,124) | (1,686) | ||
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.