Quanterix Corporation (QTRX) Financial Statements (2025 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)

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 investments321,324338,740396,465181,584109,15544,429
Cash and cash equivalents174,422338,740396,465181,584109,15544,429
Short-term investments146,902     
Restricted cash and investments    1,000  
Receivables25,41419,10623,98617,35611,0926,840
Inventory, net of allowances, customer advances and progress billings26,12316,78622,19014,85610,4635,945
Inventory26,12316,78622,19014,85610,4635,945
Other undisclosed current assets9,2346,7716,3144,8091,9512,282
Total current assets:382,095381,403448,955219,605132,66159,496
Noncurrent Assets
Operating lease, right-of-use asset18,25121,22311,49111,995 
Property, plant and equipment17,92620,16217,96013,91212,0472,923
Intangible assets, net (including goodwill)6,0347,51620,16624,17623,6603,656
Goodwill   9,63210,4609,3531,308
Intangible assets, net (excluding goodwill)6,0347,51610,53413,71614,3072,348
Restricted cash and investments2,6042,5972,5771,0001,0261,000
Other noncurrent assets1,6571,298378357557536
Total noncurrent assets:46,47252,79652,57251,44037,2908,115
TOTAL ASSETS:428,567434,199501,527271,045169,95167,611
LIABILITIES AND EQUITY
Liabilities
Current Liabilities
Accounts payable and accrued liabilities23,32519,24128,94722,42114,84512,688
Employee-related liabilities13,25210,7776,5704,449
Accounts payable5,0483,8369,2096,7995,7775,110
Accrued liabilities18,27715,4056,4864,8452,4983,129
Deferred revenue9,4688,6446,3615,4214,697
Debt    8,90775 
Other liabilities  3862413,054216 
Deferred revenue and credits5,437
Due to related parties 42   
Other undisclosed current liabilities6,1892,6871,386   
Total current liabilities:38,98230,95836,97739,80319,83318,125
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 debt39,62744,3013,1343,22613,873798
Deferred revenue and credits520
Deferred revenue1,2271,4151,099577466
Deferred income tax liabilities   2,035  
Other liabilities1,1771,469 2,64913,407278
Operating lease, liability37,22341,41720,46421,891 
Total noncurrent liabilities:39,62744,30123,59825,11721,4608,421
Total liabilities:78,60975,25960,57564,92041,29326,546
Equity
Equity, attributable to parent349,958358,940440,952206,125128,65841,065
Common stock383737322822
Additional paid in capital783,142763,688745,936451,433345,027216,931
Accumulated other comprehensive income (loss)(1,672)(2,623)4412,434(153) 
Accumulated deficit(431,550)(402,162)(305,462)(247,774)(216,244)(175,888)
Total equity:349,958358,940440,952206,125128,65841,065
TOTAL LIABILITIES AND EQUITY:428,567434,199501,527271,045169,95167,611

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
Revenues122,368105,522110,55686,37756,73437,632
Cost of revenue(48,144)(58,716)(48,828)(38,195)(29,898)(19,684)
Gross profit:74,22446,80661,72848,18226,83617,948
Operating expenses(120,215)(148,510)(120,314)(79,766)(68,436)(49,498)
Operating loss:(45,991)(101,704)(58,586)(31,584)(41,600)(31,550)
Nonoperating income (expense)
(Other Nonoperating Income (Expense))
2,517(62)1,265(49)(10)(7)
Loss from continuing operations before equity method investments, income taxes:(43,474)(101,766)(57,321)(31,633)(41,610)(31,557)
Other undisclosed income (loss) from continuing operations before income taxes15,8395,131(403)(273)62746
Loss from continuing operations before income taxes:(27,635)(96,635)(57,724)(31,906)(40,983)(31,511)
Income tax expense (benefit)(719)(65)36376187(25)
Loss from continuing operations:(28,354)(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:(28,354)(96,700)(57,688)(31,530)(40,796)(31,536)

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 loss:(28,354)(96,700)(57,688)(31,530)(40,796)(31,536)
Comprehensive loss:(28,354)(96,700)(57,688)(31,530)(40,796)(31,536)
Other undisclosed comprehensive income (loss), net of tax, attributable to parent866(3,064)(1,993)2,587(153) 
Comprehensive loss, net of tax, attributable to parent:(27,488)(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.

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