Precipio, Inc. (PRPO) Financial Statements (2025 and earlier)
Company Profile
| Business Address |
12325 EMMET ST OMAHA, NE 68164 |
| State of Incorp. | DE |
| Fiscal Year End | December 31 |
| Industry (SIC) | 3826 - Laboratory Analytical Instruments (benchmarking) |
| More info | Complete Financial Analysis Financial Benchmarking |
Balance Sheet (Statement of Financial Position) ($ in thousands)
| 12/31/2024 | 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 | 1,502 | 3,445 | 11,668 | 2,656 | 848 | 381 | |||
| Cash and cash equivalent | 1,502 | 3,445 | 11,668 | 2,656 | 848 | 381 | |||
| Receivables | 1,301 | 1,036 | 697 | 874 | 574 | 690 | |||
| Inventory, net of allowances, customer advances and progress billings | 384 | 708 | 564 | 350 | 184 | 197 | |||
| Inventory | 384 | 708 | 564 | 350 | 184 | 197 | |||
| Other current assets | 495 | 521 | 549 | 324 | 272 | 525 | |||
| Total current assets: | 3,682 | 5,710 | 13,478 | 4,204 | 1,878 | 1,793 | |||
| Noncurrent Assets | |||||||||
| Finance lease, right-of-use asset, after accumulated amortization | 174 | 257 | 371 | ✕ | |||||
| Operating lease, right-of-use asset | 612 | 763 | 858 | 335 | 519 | ✕ | |||
| Property, plant and equipment | 739 | 877 | 836 | 452 | 431 | 496 | |||
| Intangible assets, net (including goodwill) | 12,818 | 13,768 | 14,717 | 15,667 | 16,658 | 19,291 | |||
| Intangible assets, net (excluding goodwill) | 12,818 | 13,768 | 14,717 | 15,667 | 16,658 | 19,291 | |||
| Other noncurrent assets | 76 | 129 | 179 | 55 | 25 | 25 | |||
| Total noncurrent assets: | 14,419 | 15,794 | 16,961 | 16,509 | 17,633 | 19,812 | |||
| TOTAL ASSETS: | 18,101 | 21,504 | 30,439 | 20,713 | 19,511 | 21,605 | |||
| LIABILITIES AND EQUITY | |||||||||
| Liabilities | |||||||||
| Current Liabilities | |||||||||
| Accounts payable and accrued liabilities | 2,446 | 3,626 | 3,781 | 3,729 | 3,575 | 7,109 | |||
| Accounts payable | 622 | 2,042 | 1,863 | 1,693 | 1,936 | 5,169 | |||
| Accrued liabilities | 1,824 | 1,584 | 1,918 | 2,036 | 1,639 | 1,940 | |||
| Deferred revenue | 110 | 119 | 18 | 6 | 35 | ✕ | |||
| Debt | 367 | 417 | 248 | 921 | 582 | 320 | |||
| Other liabilities | 1,910 | ||||||||
| Deferred revenue and credits | ✕ | ✕ | ✕ | ✕ | ✕ | ✕ | 49 | ||
| Deferred tax liabilities | ✕ | ✕ | ✕ | ✕ | ✕ | ✕ | 70 | ||
| Other undisclosed current liabilities | 218 | 199 | 166 | 142 | 4,307 | ||||
| Total current liabilities: | 3,141 | 4,361 | 4,213 | 4,656 | 4,334 | 13,765 | |||
| Noncurrent Liabilities | |||||||||
| Long-term debt and lease obligation | 124 | 202 | 856 | 570 | 634 | 408 | |||
| Long-term debt, excluding current maturities | 106 | 134 | 362 | 198 | 253 | ||||
| Capital lease obligations | ✕ | ✕ | ✕ | ✕ | ✕ | ✕ | 155 | ||
| Finance lease, liability | 18 | 68 | 159 | 116 | 119 | ✕ | |||
| Liabilities, other than long-term debt | 407 | 574 | 45 | ||||||
| Other liabilities | 45 | ||||||||
| Operating lease, liability | 407 | 574 | 697 | 92 | 317 | ✕ | |||
| Other undisclosed noncurrent liabilities | 69 | 1,325 | 1,338 | 1,264 | |||||
| Total noncurrent liabilities: | 531 | 776 | 1,622 | 1,895 | 1,972 | 1,717 | |||
| Total liabilities: | 3,672 | 5,137 | 5,835 | 6,551 | 6,306 | 15,482 | |||
| Equity | |||||||||
| Equity, attributable to parent | 14,429 | 16,302 | 24,564 | 14,135 | 13,205 | 6,123 | |||
| Common stock | 14 | 228 | 227 | 176 | 79 | 345 | |||
| Additional paid in capital | 112,565 | 108,371 | 104,431 | 85,523 | 74,065 | 53,474 | |||
| Accumulated deficit | (98,150) | (92,297) | (80,094) | (71,564) | (60,939) | (47,696) | |||
| Equity, attributable to noncontrolling interest | 65 | 40 | 27 | ||||||
| Total equity: | 14,429 | 16,367 | 24,604 | 14,162 | 13,205 | 6,123 | |||
| TOTAL LIABILITIES AND EQUITY: | 18,101 | 21,504 | 30,439 | 20,713 | 19,511 | 21,605 | |||
Income Statement (P&L) ($ in thousands)
| 12/31/2024 | 12/31/2023 | 12/31/2022 | 12/31/2021 | 12/31/2020 | 12/31/2019 | 12/31/2018 | ||
|---|---|---|---|---|---|---|---|---|
| Revenues | 15,197 | 9,412 | 8,849 | 6,092 | 3,127 | 2,864 | ||
| Cost of revenue (Cost of Product and Service Sold) | (9,179) | (6,902) | (6,457) | (4,942) | (2,908) | (2,639) | ||
| Gross profit: | 6,018 | 2,510 | 2,392 | 1,150 | 219 | 225 | ||
| Operating expenses | (13,638) | (15,307) | (12,005) | (10,296) | (11,213) | (14,137) | ||
| Operating loss: | (7,620) | (12,797) | (9,613) | (9,146) | (10,994) | (13,912) | ||
| Nonoperating income (expense) (Investment Income, Nonoperating) | (415) | 267 | ||||||
| Interest and debt expense | 794 | (1,225) | (1,890) | (1,337) | ||||
| Loss from continuing operations before equity method investments, income taxes: | (7,620) | (12,797) | (8,819) | (10,371) | (13,299) | (14,982) | ||
| Other undisclosed income (loss) from continuing operations before income taxes | 1,767 | 619 | 302 | (227) | (14) | (991) | ||
| Loss from continuing operations before income taxes: | (5,853) | (12,178) | (8,517) | (10,598) | (13,313) | (15,973) | ||
| Income tax benefit | 70 | 279 | ||||||
| Loss from continuing operations: | (5,853) | (12,178) | (8,517) | (10,598) | (13,243) | (15,694) | ||
| Loss before gain (loss) on sale of properties: | ✕ | ✕ | ✕ | (8,517) | (10,598) | (13,243) | (15,694) | |
| Net loss: | (5,853) | (12,178) | (8,517) | (10,598) | (13,243) | (15,694) | ||
| Net loss attributable to noncontrolling interest | (25) | (13) | (27) | |||||
| Net loss attributable to parent: | (5,853) | (12,203) | (8,530) | (10,625) | (13,243) | (15,694) | ||
| Preferred stock dividends and other adjustments | (3,344) | (4,222) | ||||||
| Net loss available to common stockholders, diluted: | (5,853) | (12,203) | (8,530) | (13,969) | (13,243) | (19,916) | ||
Comprehensive Income ($ in thousands)
| 12/31/2024 | 12/31/2023 | 12/31/2022 | 12/31/2021 | 12/31/2020 | 12/31/2019 | 12/31/2018 | ||
|---|---|---|---|---|---|---|---|---|
| Net loss: | (5,853) | (12,178) | (8,517) | (10,598) | (13,243) | (15,694) | ||
| Comprehensive loss: | (5,853) | (12,178) | (8,517) | (10,598) | (13,243) | (15,694) | ||
| Comprehensive loss, net of tax, attributable to noncontrolling interest | (25) | (13) | (27) | |||||
| Comprehensive loss, net of tax, attributable to parent: | (5,853) | (12,203) | (8,530) | (10,625) | (13,243) | (15,694) | ||
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.