Quanterix Corporation (QTRX) Financial Statements (2024 and earlier)

Company Profile

Business Address 900 MIDDLESEX TURNPIKE
BILLERICA, MA 01821
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)

12/31/2023
12/31/2022
12/31/2021
12/31/2020
12/31/2019
12/31/2018
ASSETS
Current Assets
Cash, cash equivalents, and short-term investments338,740396,465181,584109,15544,429
Cash and cash equivalents338,740396,465181,584109,15544,429
Short-term investments     
Restricted cash and investments   1,000  
Receivables19,10623,98617,35611,0926,840
Inventory, net of allowances, customer advances and progress billings16,78622,19014,85610,4635,945
Inventory16,78622,19014,85610,4635,945
Other undisclosed current assets6,7716,3144,8091,9512,282
Total current assets:381,403448,955219,605132,66159,496
Noncurrent Assets
Operating lease, right-of-use asset21,22311,49111,995 
Property, plant and equipment20,16217,96013,91212,0472,923
Intangible assets, net (including goodwill)7,51620,16624,17623,6603,656
Goodwill  9,63210,4609,3531,308
Intangible assets, net (excluding goodwill)7,51610,53413,71614,3072,348
Restricted cash and investments2,5972,5771,0001,0261,000
Other noncurrent assets1,298378357557536
Total noncurrent assets:52,79652,57251,44037,2908,115
TOTAL ASSETS:434,199501,527271,045169,95167,611
LIABILITIES AND EQUITY
Liabilities
Current Liabilities
Accounts payable and accrued liabilities19,24128,94722,42114,84512,688
Employee-related liabilities13,25210,7776,5704,449
Accounts payable3,8369,2096,7995,7775,110
Accrued liabilities15,4056,4864,8452,4983,129
Deferred revenue8,6446,3615,4214,697
Debt   8,90775 
Deferred revenue and credits5,437
Due to related parties 42   
Other liabilities 3862413,054216 
Other undisclosed current liabilities2,6871,386   
Total current liabilities:30,95836,97739,80319,83318,125
Noncurrent Liabilities
Long-term debt and lease obligation  20,46421,8917,5877,623
Long-term debt, excluding current maturities    7,5877,623
Liabilities, other than long-term debt44,3013,1343,22613,873798
Deferred revenue and credits520
Deferred revenue1,4151,099577466
Deferred income tax liabilities  2,035  
Other liabilities1,469 2,64913,407278
Operating lease, liability41,41720,46421,891 
Total noncurrent liabilities:44,30123,59825,11721,4608,421
Total liabilities:75,25960,57564,92041,29326,546
Equity
Equity, attributable to parent358,940440,952206,125128,65841,065
Common stock3737322822
Additional paid in capital763,688745,936451,433345,027216,931
Accumulated other comprehensive income (loss)(2,623)4412,434(153) 
Accumulated deficit(402,162)(305,462)(247,774)(216,244)(175,888)
Total equity:358,940440,952206,125128,65841,065
TOTAL LIABILITIES AND EQUITY:434,199501,527271,045169,95167,611

Income Statement (P&L) ($ in thousands)

12/31/2023
12/31/2022
12/31/2021
12/31/2020
12/31/2019
12/31/2018
Revenues105,522110,55686,37756,73437,632
Cost of revenue(58,716)(48,828)(38,195)(29,898)(19,684)
Gross profit:46,80661,72848,18226,83617,948
Operating expenses(148,510)(120,314)(79,766)(68,436)(49,498)
Operating loss:(101,704)(58,586)(31,584)(41,600)(31,550)
Nonoperating income (expense)
(Other Nonoperating Income (Expense))
(62)1,265(49)(10)(7)
Loss from continuing operations before equity method investments, income taxes:(101,766)(57,321)(31,633)(41,610)(31,557)
Other undisclosed income (loss) from continuing operations before income taxes5,131(403)(273)62746
Loss from continuing operations before income taxes:(96,635)(57,724)(31,906)(40,983)(31,511)
Income tax expense (benefit)(65)36376187(25)
Loss from continuing operations:(96,700)(57,688)(31,530)(40,796)(31,536)
Loss before gain (loss) on sale of properties:(57,688)(31,530)(40,796)(31,536)
Net loss available to common stockholders, diluted:(96,700)(57,688)(31,530)(40,796)(31,536)

Comprehensive Income ($ in thousands)

12/31/2023
12/31/2022
12/31/2021
12/31/2020
12/31/2019
12/31/2018
Net loss:(96,700)(57,688)(31,530)(40,796)(31,536)
Comprehensive loss:(96,700)(57,688)(31,530)(40,796)(31,536)
Other undisclosed comprehensive income (loss), net of tax, attributable to parent(3,064)(1,993)2,587(153) 
Comprehensive loss, net of tax, attributable to parent:(99,764)(59,681)(28,943)(40,949)(31,536)

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.

Login to ReadyRatios

 

Have you forgotten your password?

Are you a new user?

Login As
You can log in if you are registered at one of these services: