Accelerate Diagnostics, Inc. (AXDX) financial statements (2022 and earlier)

Company profile

Business Address 3950 S. COUNTRY CLUB ROAD #470
TUCSON, AZ 85714
State of Incorp. DE
Fiscal Year End December 31
SIC 3826 - Laboratory Analytical Instruments (benchmarking)
More info Complete financial analysis Financial benchmarking

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

12/31/2020
12/31/2019
12/31/2018
12/31/2017
12/31/2016
12/31/2015
12/31/2014
ASSETS
Current Assets
Cash, cash equivalents, and short-term investments366166291912154
Cash and cash equivalents366166291912154
Short-term investments0      
Receivables2322000
Inventory, net of allowances, customer advances and progress billings9888  1
Inventory9888  1
Prepaid expense111    
Deferred tax assets    (22)
Other current assets211000 
Other undisclosed current assets324710081591334
Total current assets:821221781207813467
Noncurrent Assets
Operating lease, right-of-use asset34
Property, plant and equipment6875453
Intangible assets, net (including goodwill)  00001
Intangible assets, net (excluding goodwill)  00001
Other noncurrent assets210    
Other undisclosed noncurrent assets      (0)
Total noncurrent assets:111385453
TOTAL ASSETS:931341851268313970
LIABILITIES AND EQUITY
Liabilities
Current Liabilities
Accounts payable and accrued liabilities, including:6784330
Accounts payable1212132
Accrued liabilities345    
Interest and dividends payable111    
Other undisclosed accounts payable and accrued liabilities   22(0)(2)
Deferred revenue00
Debt10     
Deferred revenue and credits  00
Contract with customer, liability0
Other undisclosed current liabilities0  3132
Total current liabilities:7887453
Noncurrent Liabilities
Long-term debt and lease obligation, including:8134120   0
Long-term debt, excluding current maturities5130120    
Operating lease, liability34
Other undisclosed long-term debt and lease obligation      0
Liabilities, other than long-term debt0000111
Deferred revenue and credits 111
Other liabilities0000   
Other undisclosed noncurrent liabilities141      
Total noncurrent liabilities:1491341200111
Total liabilities:1561421287564
Stockholders' equity
Stockholders' equity attributable to parent, including:(63)(7)571197813366
Common stock      4
Treasury stock, value(45)(45)(45)    
Additional paid in capital475452433361255244131
Accumulated other comprehensive income (loss)0(0)(0) (0)(0)(0)
Accumulated deficit(493)(415)(330)(242)(177)(111)(65)
Other undisclosed stockholders' equity attributable to parent000000(4)
Total stockholders' equity:(63)(7)571197813366
TOTAL LIABILITIES AND EQUITY:931341851268313970

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

12/31/2020
12/31/2019
12/31/2018
12/31/2017
12/31/2016
12/31/2015
12/31/2014
Revenues11964000
Revenue, net4000
Cost of revenue(7)(5)(3)(1)(2)(2)(0)
Cost of goods and services sold(7)(5)(3)(1)   
Gross profit:4423(2)(2)0
Operating expenses(68)(77)(83)(67)(64)(44)(32)
Other operating expense, net
(Other Expenses)
      (0)
Other undisclosed operating income      0
Operating loss:(64)(73)(80)(64)(67)(46)(32)
Nonoperating income (expense)(15)(11)(7)0000
Investment income, nonoperating(0)01(0)  0
Other nonoperating income (expense)(15)(12)(8)1000
Interest and debt expense(15)(1)(0)  (0) 
Other undisclosed income (loss) from continuing operations before equity method investments, income taxes160(0)0 0 
Loss from continuing operations before income taxes:(78)(84)(88)(64)(66)(45)(31)
Income tax expense (benefit)(0)0(0)(0)(0) (1)
Net loss:(78)(84)(88)(64)(66)(45)(32)
Other undisclosed net income attributable to parent      1
Net loss available to common stockholders, diluted:(78)(84)(88)(64)(66)(45)(31)

Comprehensive Income ($ in millions)

12/31/2020
12/31/2019
12/31/2018
12/31/2017
12/31/2016
12/31/2015
12/31/2014
Net loss:(78)(84)(88)(64)(66)(45)(32)
Comprehensive loss:(78)(84)(88)(64)(66)(45)(32)
Other undisclosed comprehensive income (loss), net of tax, attributable to parent00(0)0(0)(0)1
Comprehensive loss, net of tax, attributable to parent:(78)(84)(88)(64)(67)(46)(31)

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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