Senseonics Holdings, Inc. (SENS) Financial Statements (2023 and earlier)
Company Profile
| Business Address |
20451 SENECA MEADOWS PARKWAY GERMANTOWN, MD 20876 |
| State of Incorp. | DE |
| Fiscal Year End | December 31 |
| Industry (SIC) | 3823 - Industrial Instruments for Measurement, Display, and Control of Process Variables; and Related Products (benchmarking) |
| More info | Complete Financial Analysis Financial Benchmarking |
Balance Sheet (Statement of Financial Position) ($ in thousands)Annual | Quarterly
| 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 investments, including: | 181,800 | 18,005 | 95,938 | 136,793 | 36,450 | 20,338 | 3,939 | ||
| Cash and cash equivalents | 33,461 | 18,005 | 95,938 | 136,793 | 16,150 | 13,047 | 3,939 | ||
| Short-term investments | 96,445 | 20,300 | 7,291 | ||||||
| Other undisclosed cash, cash equivalents, and short-term investments | 51,894 | ||||||||
| Restricted cash and investments | 200 | ||||||||
| Receivables | 2,211 | 2,421 | 7,247 | 239 | 4 | ||||
| Inventory, net of allowances, customer advances and progress billings | 6,316 | 5,281 | 16,929 | 10,231 | 2,991 | 477 | |||
| Inventory | 6,316 | 5,281 | 16,929 | 10,231 | 2,991 | 477 | |||
| Prepaid expense | 306 | 205 | 828 | 429 | 2,040 | ||||
| Other current assets | 48 | ||||||||
| Other undisclosed current assets | (46,220) | 4,134 | 6,816 | 10,414 | 3,382 | 616 | 1,025 | ||
| Total current assets: | 144,413 | 30,246 | 127,758 | 158,106 | 44,915 | 21,431 | 4,964 | ||
| Noncurrent Assets | |||||||||
| Operating lease, right-of-use asset | 821 | 2,128 | 2,822 | ✕ | ✕ | ✕ | ✕ | ||
| Property, plant and equipment | 1,308 | 1,557 | 2,001 | 1,750 | 853 | 735 | 311 | ||
| Long-term investments and receivables | 51,882 | ||||||||
| Long-term investments | 51,882 | ||||||||
| Derivative instruments and hedges | 239 | 1,886 | |||||||
| Other undisclosed noncurrent assets | 265 | 101 | 220 | 117 | 176 | 105 | 217 | ||
| Total noncurrent assets: | 54,515 | 5,672 | 5,043 | 1,867 | 1,029 | 840 | 528 | ||
| TOTAL ASSETS: | 198,928 | 35,918 | 132,801 | 159,973 | 45,944 | 22,271 | 5,492 | ||
| LIABILITIES AND EQUITY | |||||||||
| Liabilities | |||||||||
| Current Liabilities | |||||||||
| Accounts payable and accrued liabilities | 11,505 | 10,171 | 16,239 | 12,043 | 10,934 | 7,579 | 4,946 | ||
| Accounts payable | 1,204 | 1,762 | 4,285 | 4,407 | 7,712 | 3,070 | 1,252 | ||
| Accrued liabilities | 4,673 | 2,292 | 4,171 | 2,683 | 1,013 | 4,480 | 3,694 | ||
| Employee-related liabilities | 3,484 | 4,344 | 5,630 | 3,685 | 2,209 | 29 | |||
| Interest and dividends payable | 2,144 | 1,773 | 2,153 | 1,268 | |||||
| Debt | 2,926 | 3,202 | 44,130 | 10,000 | 10,000 | 3,968 | 2,389 | ||
| Contract with customer, liability | ✕ | ✕ | ✕ | 628 | ✕ | ✕ | ✕ | ||
| Other liabilities | 78 | ||||||||
| Other undisclosed current liabilities | 3,963 | 3,265 | 66,339 | 6,215 | 2,206 | ||||
| Total current liabilities: | 18,394 | 16,638 | 126,708 | 28,886 | 23,140 | 11,625 | 7,335 | ||
| Noncurrent Liabilities | |||||||||
| Long-term debt and lease obligation | 579 | 1,483 | 2,278 | 4,783 | 14,414 | 15,177 | 7,499 | ||
| Long-term debt, excluding current maturities | 4,783 | 14,414 | 15,177 | 7,499 | |||||
| Operating lease, liability | 579 | 1,483 | 2,278 | ✕ | ✕ | ✕ | ✕ | ||
| Liabilities, other than long-term debt | 236,870 | 63,602 | 2,278 | 17,176 | 69 | 73 | 28 | ||
| Deferred revenue and credits | ✕ | ✕ | ✕ | ✕ | 28 | ||||
| Other liabilities | 579 | 1,483 | 2,278 | 85 | 69 | 73 | |||
| Derivative instruments and hedges, liabilities | 236,291 | 62,119 | 17,091 | ||||||
| Other undisclosed noncurrent liabilities | 128,620 | 95,467 | 10,186 | 37,867 | 1,054 | 273 | 327 | ||
| Total noncurrent liabilities: | 366,069 | 160,552 | 14,742 | 59,826 | 15,537 | 15,523 | 7,854 | ||
| Total liabilities: | 384,463 | 177,190 | 141,450 | 88,712 | 38,677 | 27,148 | 15,189 | ||
| Temporary equity, carrying amount | 2,811 | ||||||||
| Stockholders' equity | |||||||||
| Stockholders' equity attributable to parent | (185,535) | (144,083) | (8,649) | 71,261 | 7,267 | (4,877) | (9,697) | ||
| Common stock | 447 | 266 | 203 | 177 | 137 | 94 | 76 | ||
| Additional paid in capital | 765,215 | 504,162 | 464,491 | 428,878 | 270,953 | 199,751 | 151,019 | ||
| Accumulated other comprehensive loss | (212) | ||||||||
| Accumulated deficit | (950,985) | (648,511) | (473,343) | (357,794) | (263,823) | (204,722) | (160,792) | ||
| Total stockholders' equity: | (185,535) | (144,083) | (8,649) | 71,261 | 7,267 | (4,877) | (9,697) | ||
| TOTAL LIABILITIES AND EQUITY: | 198,928 | 35,918 | 132,801 | 159,973 | 45,944 | 22,271 | 5,492 | ||
Income Statement (P&L) ($ in thousands) Annual | Quarterly
| 12/31/2021 | 12/31/2020 | 12/31/2019 | 12/31/2018 | 12/31/2017 | 12/31/2016 | 12/31/2015 | ||
|---|---|---|---|---|---|---|---|---|
| Revenues | 13,675 | 4,949 | 21,301 | 18,913 | 6,373 | 332 | 38 | |
| Revenue, net | ✕ | ✕ | ✕ | ✕ | 38 | |||
| Revenue from related parties | 12,281 | 3,581 | 16,377 | ✕ | ✕ | ✕ | ||
| Cost of revenue (Cost of Goods and Services Sold) | (14,486) | (22,315) | (40,749) | (27,059) | (9,758) | (660) | ||
| Gross profit: | (811) | (17,366) | (19,448) | (8,146) | (3,385) | (328) | 38 | |
| Operating expenses | (54,238) | (61,764) | (111,214) | (79,432) | (52,928) | (42,105) | (28,850) | |
| Other undisclosed operating loss | (2,133) | |||||||
| Operating loss: | (57,182) | (79,130) | (130,662) | (87,578) | (56,313) | (42,433) | (28,812) | |
| Nonoperating income (expense) | (245,292) | (96,038) | 15,113 | (6,393) | 439 | 105 | 35 | |
| Investment income, nonoperating | 243 | 175 | 1,933 | 2,001 | 263 | 80 | 9 | |
| Other nonoperating income (expense) | (173) | (311) | (511) | (321) | 176 | 25 | 26 | |
| Interest and debt expense | (19,903) | (71,351) | (12,197) | (8,282) | (3,099) | (1,602) | (1,100) | |
| Loss before gain (loss) on sale of properties: | (322,377) | (246,519) | (127,746) | (102,253) | (58,973) | (43,930) | (29,877) | |
| Other undisclosed net income (loss) | 19,903 | 71,351 | 12,197 | 8,282 | (128) | |||
| Net loss attributable to parent: | (302,474) | (175,168) | (115,549) | (93,971) | (59,101) | (43,930) | (29,877) | |
| Preferred stock dividends and other adjustments | (407) | |||||||
| Net loss available to common stockholders, diluted: | (302,474) | (175,168) | (115,549) | (93,971) | (59,101) | (43,930) | (30,284) | |
Comprehensive Income ($ in thousands)Annual | Quarterly
| 12/31/2021 | 12/31/2020 | 12/31/2019 | 12/31/2018 | 12/31/2017 | 12/31/2016 | 12/31/2015 | ||
|---|---|---|---|---|---|---|---|---|
| Net loss: | (302,474) | (175,168) | (115,549) | (93,971) | (59,101) | (43,930) | (29,877) | |
| Other comprehensive loss | (212) | |||||||
| Comprehensive loss, net of tax, attributable to parent: | (302,686) | (175,168) | (115,549) | (93,971) | (59,101) | (43,930) | (29,877) | |
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.