Seer Inc. (SEER) Financial Statements (2024 and earlier)

Company Profile

Business Address 3800 BRIDGE PARKWAY, SUITE 102
REDWOOD CITY, CA 94065
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)

3/31/2024
MRQ
12/31/2023
12/31/2022
12/31/2021
ASSETS
Current Assets
Cash, cash equivalents, and short-term investments, including:373,100426,400493,300
Cash and cash equivalents32,49953,208232,813
Short-term investments283,725368,031167,261
Other undisclosed cash, cash equivalents, and short-term investments56,8765,16193,226
Receivables1,3266,1193,778
Inventory, net of allowances, customer advances and progress billings4,4914,6274,145
Inventory4,4914,6274,145
Prepaid expense3,0822,0983,336
Other undisclosed current assets(51,486)(4,262)(92,860)
Total current assets:330,513434,982411,699
Noncurrent Assets
Operating lease, right-of-use asset25,17727,00320,142
Property, plant and equipment22,19319,40813,087
Long-term investments and receivables56,8585,15793,186
Long-term investments56,8585,15793,186
Restricted cash and investments524524524
Other noncurrent assets1,004855501
Total noncurrent assets:105,75652,947127,440
TOTAL ASSETS:436,269487,929539,139
LIABILITIES AND EQUITY
Liabilities
Current Liabilities
Accounts payable and accrued liabilities9,2128,2987,828
Taxes payable457
Accrued liabilities9,2128,2987,371
Deferred revenue206  
Other liabilities139207 
Other undisclosed current liabilities3,6654,0795,595
Total current liabilities:13,22212,58413,423
Noncurrent Liabilities
Long-term debt and lease obligation:   22,459
Liabilities, other than long-term debt26,14328,352341
Other liabilities179320341
Operating lease, liability25,96428,03222,459
Total noncurrent liabilities:26,14328,35222,800
Total liabilities:39,36540,93636,223
Equity
Equity, attributable to parent, including:396,904446,993502,916
Additional paid in capital702,868667,739629,981
Accumulated other comprehensive loss(192)(1,251)(536)
Accumulated deficit(305,773)(219,496)(126,530)
Other undisclosed equity, attributable to parent111
Total equity:396,904446,993502,916
TOTAL LIABILITIES AND EQUITY:436,269487,929539,139

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

3/31/2024
TTM
12/31/2023
12/31/2022
12/31/2021
Revenues16,66115,4936,617
Cost of revenue(8,155)(8,400)(3,205)
Gross profit:8,5067,0933,412
Operating expenses(111,969)(104,328)(74,885)
Operating loss:(103,463)(97,235)(71,473)
Nonoperating income17,1864,269304
Investment income, nonoperating17,7644,602326
Interest and debt expense   (22)
Loss from continuing operations:(86,277)(92,966)(71,191)
Loss before gain (loss) on sale of properties:(71,191)
Other undisclosed net income   22
Net loss available to common stockholders, diluted:(86,277)(92,966)(71,169)

Comprehensive Income ($ in thousands)

3/31/2024
TTM
12/31/2023
12/31/2022
12/31/2021
Net loss:(86,277)(92,966)(71,169)
Comprehensive loss:(86,277)(92,966)(71,169)
Other undisclosed comprehensive income (loss), net of tax, attributable to parent1,059(715)(590)
Comprehensive loss, net of tax, attributable to parent:(85,218)(93,681)(71,759)

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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