Arcadia Biosciences, Inc. (RKDA) financial statements (2022 and earlier)

Company profile

Business Address 202 COUSTEAU PLACE
DAVIS, 95618
State of Incorp. DE
Fiscal Year End December 31
SIC 01 - Agricultural Production Crops (benchmarking)
More info Complete financial analysis Financial benchmarking

Balance sheet (Statement of financial position) ($ in thousands)

12/31/2021
12/31/2020
12/31/2019
12/31/2018
12/31/2017
12/31/2016
12/31/2015
ASSETS
Current Assets
Cash, cash equivalents, and short-term investments28,68525,66725,33221,82313,02350,56050,243
Cash and cash equivalents28,68514,0428,41711,9989,1252,01323,973
Short-term investments 11,62516,9159,8253,89848,54726,270
Receivables1,3701,4066021681,235533788
Inventory, net of allowances, customer advances and progress billings4,4333,8121,794181229252294
Inventory4,4333,8121,794181229252294
Deferred costs  226197   
Other undisclosed current assets900811486507560877692
Total current assets:35,38831,69628,44022,87615,04752,22252,017
Noncurrent Assets
Inventory, Noncurrent2,4943,4853647461,1681,3271,867
Operating lease, right-of-use asset3,0815,8261,963
Property, plant and equipment2,2913,5391,799395299508585
Long-term investments and receivables     2,49819,748
Long-term investments     2,49819,748
Intangible assets, net (including goodwill)484778     
Goodwill 408     
Intangible assets, net (excluding goodwill)484370     
Restricted cash and investments 2,001     
Other noncurrent assets1802387561925
Total noncurrent assets:8,53015,6524,1341,1481,5234,35222,225
TOTAL ASSETS:43,91847,34832,57424,02416,57056,57474,242
LIABILITIES AND EQUITY
Liabilities
Current Liabilities
Accounts payable and accrued liabilities, including:3,6384,1054,6852,6452,4962,3592,423
Accounts payable1,411726492285366222424
Accrued liabilities271592598648319412364
Employee-related liabilities1,6061,4891,2901,0968051,3311,050
Interest and dividends payable     989
Other undisclosed accounts payable and accrued liabilities3501,2982,3056161,006296576
Deferred revenue 842
Debt 1,141635    
Due to related parties64804029293019
Deferred revenue and credits1,0007401,008
Contract with customer, liability96
Other liabilities264263306284   
Other undisclosed current liabilities1,074717     
Total current liabilities:5,0406,3145,7083,0543,5253,1293,450
Noncurrent Liabilities
Long-term debt and lease obligation2,2207,4941,604  25,12724,930
Long-term debt, excluding current maturities 2,105107  25,12724,930
Operating lease, liability2,2205,3891,497
Liabilities, other than long-term debt2,0702,2802,0003,0725,0386,1205,637
Deferred revenue and credits2,0383,1202,637
Other liabilities2,0702,2802,0003,0723,0003,0003,000
Other undisclosed noncurrent liabilities3,3922,70814,9365,083   
Total noncurrent liabilities:7,68212,48218,5408,1555,03831,24730,567
Total liabilities:12,72218,79624,24811,2098,56334,37634,017
Stockholders' equity
Stockholders' equity attributable to parent31,09327,7257,70512,8158,00722,19840,225
Common stock63544945424444
Additional paid in capital257,515239,496214,826191,136175,223173,723172,222
Accumulated other comprehensive income (loss)  1 (1)(19)(115)
Accumulated deficit(226,485)(211,825)(207,171)(178,366)(167,257)(151,550)(131,926)
Stockholders' equity attributable to noncontrolling interest103827621    
Total stockholders' equity:31,19628,5528,32612,8158,00722,19840,225
TOTAL LIABILITIES AND EQUITY:43,91847,34832,57424,02416,57056,57474,242

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

12/31/2021
12/31/2020
12/31/2019
12/31/2018
12/31/2017
12/31/2016
12/31/2015
Revenues6,7808,0341,1691,4644,0263,1885,414
Revenue, net4,0263,1885,414
Cost of revenue(13,390)(4,311)(304)(310)(283)(500)(892)
Cost of goods and services sold(8,708)(4,311)(304)(310)(283)(500)(892)
Gross profit:(6,610)3,7238651,1543,7432,6884,522
Operating expenses(28,916)(20,812)(20,550)(18,334)(18,341)(21,808)(20,977)
Other undisclosed operating income 4,311304310283500892
Operating loss:(35,526)(12,778)(19,381)(16,870)(14,315)(18,620)(15,563)
Nonoperating income
(Other Nonoperating income)
10,114740466394281340521
Interest and debt expense(20)(682)(5) (1,647)(1,319)(2,888)
Loss from continuing operations before equity method investments, income taxes:(25,432)(12,720)(18,920)(16,476)(15,681)(19,599)(17,930)
Other undisclosed income (loss) from continuing operations before income taxes9,3006,570(9,951)3,006   
Loss from continuing operations before income taxes:(16,132)(6,150)(28,871)(13,470)(15,681)(19,599)(17,930)
Income tax expense (benefit)(2)124(2)(10)(26)(25)(26)
Net loss:(16,134)(6,026)(28,873)(13,480)(15,707)(19,624)(17,956)
Net income attributable to noncontrolling interest1,4741,37168    
Net loss attributable to parent:(14,660)(4,655)(28,805)(13,480)(15,707)(19,624)(17,956)
Preferred stock dividends and other adjustments      (2,574)
Other undisclosed net loss available to common stockholders, basic      (197)
Net loss available to common stockholders, diluted:(14,660)(4,655)(28,805)(13,480)(15,707)(19,624)(20,727)

Comprehensive Income ($ in thousands)

12/31/2021
12/31/2020
12/31/2019
12/31/2018
12/31/2017
12/31/2016
12/31/2015
Net loss:(16,134)(6,026)(28,873)(13,480)(15,707)(19,624)(17,956)
Other comprehensive income (loss) (1)1 1896(115)
Comprehensive loss:(16,134)(6,027)(28,872)(13,480)(15,689)(19,528)(18,071)
Comprehensive income, net of tax, attributable to noncontrolling interest1,4741,37168    
Other undisclosed comprehensive loss, net of tax, attributable to parent      (2,771)
Comprehensive loss, net of tax, attributable to parent:(14,660)(4,656)(28,804)(13,480)(15,689)(19,528)(20,842)

Statements sources

The financial statements are based on the company's filings with the 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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