Aspen Aerogels, Inc. (ASPN) financial statements (2022 and earlier)

Company profile

Business Address 30 FORBES ROAD
NORTHBOROUGH, MA 01532
State of Incorp. DE
Fiscal Year End December 31
SIC 503 - Lumber And Other Construction Materials (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 investments76,56416,4963,6333,32710,69418,08632,804
Cash and cash equivalents76,56416,4963,6333,32710,69418,08632,804
Receivables20,42615,69832,25425,56526,76417,53520,624
Inventory, net of allowances, customer advances and progress billings11,98713,0998,7687,3188,91512,8686,532
Inventory11,98713,0998,7687,3188,91512,8686,532
Other undisclosed current assets3,1731,8301,1141,0411,2891,6971,687
Total current assets:112,15047,12345,76937,25147,66250,18661,647
Noncurrent Assets
Operating lease, right-of-use asset13,5313,4784,032
Property, plant and equipment55,77846,73953,61761,69976,06784,39478,322
Other noncurrent assets1,4958484738689105
Total noncurrent assets:70,80450,30157,73361,77276,15384,48378,427
TOTAL ASSETS:182,95497,424103,50299,023123,815134,669140,074
LIABILITIES AND EQUITY
Liabilities
Current Liabilities
Accounts payable and accrued liabilities28,2599,23520,65316,25616,51517,05216,252
Accounts payable17,4405,35112,59612,39210,65313,06510,684
Accrued liabilities10,8193,8848,0573,8645,8623,9875,568
Deferred revenue1,3212,0375,620
Debt  4,1614,1813,7503567
Deferred compensation liability434436     
Deferred revenue and credits1,3041,043681
Contract with customer, liability2,629
Other liabilities     154409
Other undisclosed current liabilities6,5412,219   (154) 
Total current liabilities:36,55513,92730,43423,06621,56918,13017,409
Noncurrent Liabilities
Long-term debt and lease obligation12,9915,6564,292  440
Long-term debt, excluding current maturities 2,059     
Capital lease obligations  440
Operating lease, liability12,9913,5974,292
Liabilities, other than long-term debt434434 1,2181,303971151
Deferred revenue and credits1,303  
Deferred compensation liability, classified434      
Deferred rent credit   1,218
Other liabilities 434   971151
Other undisclosed noncurrent liabilities4,5669,5559,7864,485   
Total noncurrent liabilities:17,99115,64514,0785,7031,303975191
Total liabilities:54,54629,57244,51228,76922,87219,10517,600
Stockholders' equity
Stockholders' equity attributable to parent128,40867,85258,99070,254100,943115,564122,474
Additional paid in capital673,461575,811545,140541,839538,088533,088527,975
Accumulated deficit(545,053)(507,959)(486,150)(471,585)(437,145)(417,524)(405,501)
Total stockholders' equity:128,40867,85258,99070,254100,943115,564122,474
TOTAL LIABILITIES AND EQUITY:182,95497,424103,50299,023123,815134,669140,074

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
Revenues121,622100,273139,375104,361111,631117,738122,518
Revenue, net111,631117,738122,518
Cost of revenue
(Cost of Goods and Services Sold)
    (92,960)(94,427)(97,870)
Other undisclosed gross profit(111,685)(85,679)(113,091)(91,692)   
Gross profit:9,93714,59426,28412,66918,67123,31124,648
Operating expenses(50,536)(36,163)(40,443)(46,585)(37,807)(34,531)(30,883)
Operating loss:(40,599)(21,569)(14,159)(33,916)(19,136)(11,220)(6,235)
Nonoperating income (expense)3,505(240)(406)(524)(185)(803)(182)
Interest and debt expense3,734(9)   (656) 
Loss before gain (loss) on sale of properties:(33,360)(21,818)(14,565)(34,440)(19,321)(12,679)(6,417)
Other undisclosed net income (loss)(3,734)9     
Net loss:(37,094)(21,809)(14,565)(34,440)(19,321)(12,679)(6,417)
Other undisclosed net income attributable to parent     656 
Net loss available to common stockholders, diluted:(37,094)(21,809)(14,565)(34,440)(19,321)(12,023)(6,417)

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:(37,094)(21,809)(14,565)(34,440)(19,321)(12,679)(6,417)
Comprehensive loss, net of tax, attributable to parent:(37,094)(21,809)(14,565)(34,440)(19,321)(12,679)(6,417)

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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