Cerus Corporation (CERS) financial statements (2023 and earlier)

Company profile

Business Address 1220 CONCORD AVENUE
CONCORD, CA 94520
State of Incorp. DE
Fiscal Year End December 31
SIC 3841 - Surgical and Medical Instruments and Apparatus (benchmarking)
More info Complete financial analysis Financial benchmarking

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

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 investments129134861186172108
Cash and cash equivalents49373529142371
Short-term investments81975189474937
Receivables25211791276
Inventory, net of allowances, customer advances and progress billings27231914141311
Inventory27231914141311
Prepaid expense    111
Other current assets    125
Other undisclosed current assets6567   
Total current assets:1871831281479094130
Noncurrent Assets
Operating lease, right-of-use asset131314
Property, plant and equipment1214158234
Intangible assets, net (including goodwill)1(1)12222
Goodwill1111111
Intangible assets, net (excluding goodwill) (2)00111
Restricted cash and investments2223001
Other noncurrent assets22754443
Other undisclosed noncurrent assets 2     
Total noncurrent assets:50383717899
TOTAL ASSETS:23722116616398103139
LIABILITIES AND EQUITY
Liabilities
Current Liabilities
Accounts payable and accrued liabilities61494338232015
Accounts payable362422191195
Accrued liabilities26252120121110
Deferred revenue111
Debt15978 73
Deferred revenue and credits001
Contract with customer, liability0
Other undisclosed current liabilities22 6  3
Total current liabilities:79605053232722
Noncurrent Liabilities
Long-term debt and lease obligation71565822301217
Long-term debt, excluding current maturities55403922301217
Operating lease, liability161718
Liabilities, other than long-term debt2104121
Deferred revenue and credits 00
Deferred tax liabilities, net  00
Other liabilities2104111
Other undisclosed noncurrent liabilities    654
Total noncurrent liabilities:73585826361923
Total liabilities:15211810879594645
Stockholders' equity
Stockholders' equity attributable to parent851045785395895
Common stock0000000
Additional paid in capital1,0491,013907864760718685
Accumulated other comprehensive income (loss)(0)10(0)(0)07
Accumulated deficit(964)(910)(850)(779)(721)(661)(598)
Stockholders' equity attributable to noncontrolling interest1      
Total stockholders' equity:861045785395895
TOTAL LIABILITIES AND EQUITY:23722116616398103139

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

12/31/2021
12/31/2020
12/31/2019
12/31/2018
12/31/2017
12/31/2016
12/31/2015
Revenues1601149476513934
Revenue, net513934
Cost of revenue
(Cost of Goods and Services Sold)
 (41)(33)(32)(23)(20)(23)
Other undisclosed gross profit     (2) 
Gross profit:160736044291711
Operating expenses(145)(131)(127)(99)(86)(80)(72)
Other undisclosed operating income (loss)(63)    2 
Operating loss:(49)(58)(66)(55)(58)(61)(61)
Nonoperating income (expense)(5)(1)(5)(2)1(1)2
Foreign currency transaction gain (loss), before tax(1)1(0)(0)(0)0(0)
Other nonoperating income0212410
Interest and debt expense(5)(4)(6)(4)(3)(2)(2)
Loss from continuing operations before equity method investments, income taxes:(59)(63)(77)(61)(60)(65)(61)
Other undisclosed income from continuing operations before income taxes5464322
Loss from continuing operations before income taxes:(54)(60)(71)(57)(57)(63)(60)
Income tax expense (benefit)(0)(0)(0)(0)(4)(0)4
Net loss:(54)(60)(71)(58)(61)(63)(56)
Net income attributable to noncontrolling interest0      
Net loss available to common stockholders, basic:(54)(60)(71)(58)(61)(63)(56)
Dilutive securities, effect on basic earnings per share      (4)
Net loss available to common stockholders, diluted:(54)(60)(71)(58)(61)(63)(59)

Comprehensive Income ($ in millions)

12/31/2021
12/31/2020
12/31/2019
12/31/2018
12/31/2017
12/31/2016
12/31/2015
Net loss:(54)(60)(71)(58)(61)(63)(56)
Other comprehensive income (loss)(1)10(0)(0)(7)7
Comprehensive loss:(55)(59)(71)(58)(61)(70)(49)
Comprehensive income, net of tax, attributable to noncontrolling interest0      
Other undisclosed comprehensive loss, net of tax, attributable to parent(0)      
Comprehensive loss, net of tax, attributable to parent:(55)(59)(71)(58)(61)(70)(49)

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.

Login to ReadyRatios

 

Have you forgotten your password?

Are you a new user?

Login As
You can log in if you are registered at one of these services: