3D Systems Corporation (DDD) Financial Statements (2023 and earlier)
Company Profile
| Business Address |
333 THREE D SYSTEMS CIRCLE ROCK HILL, SC 29730 |
| State of Incorp. | DE |
| Fiscal Year End | December 31 |
| Industry (SIC) | 7372 - Prepackaged Software (benchmarking) |
| More info | Complete Financial Analysis Financial Benchmarking |
Balance Sheet (Statement of Financial Position) ($ in thousands)
| 6/30/2023 MRQ | 12/31/2022 | 12/31/2021 | 12/31/2020 | 12/31/2019 | 12/31/2018 | 12/31/2017 | |||
|---|---|---|---|---|---|---|---|---|---|
| ASSETS | |||||||||
| Current Assets | |||||||||
| Cash, cash equivalents, and short-term investments | 568,737 | 795,289 | 80,026 | 141,992 | 118,481 | 136,344 | |||
| Cash and cash equivalents | 388,134 | 789,657 | 75,010 | 133,665 | 109,998 | 136,344 | |||
| Short-term investments | 180,603 | 5,632 | 5,016 | 8,327 | 8,483 | ||||
| Restricted cash and investments | 114 | ||||||||
| Receivables | 93,886 | 106,540 | 114,254 | 109,408 | 126,618 | 179,879 | |||
| Inventory, net of allowances, customer advances and progress billings | 137,832 | 92,887 | 116,667 | 111,106 | 133,161 | 103,903 | |||
| Inventory | 137,832 | 92,887 | 116,667 | 111,106 | 133,161 | 103,903 | |||
| Disposal group, including discontinued operation | 18,439 | ||||||||
| Other undisclosed current assets | 33,676 | 37,021 | 28,129 | 10,664 | 19,214 | 18,296 | |||
| Total current assets: | 834,245 | 1,031,737 | 357,515 | 373,170 | 397,474 | 438,422 | |||
| Noncurrent Assets | |||||||||
| Finance lease, right-of-use asset, after accumulated amortization | 3,244 | 3,854 | 8,034 | 8,319 | ✕ | ✕ | |||
| Operating lease, right-of-use asset | 39,502 | 42,502 | 40,586 | 28,571 | ✕ | ✕ | |||
| Property, plant and equipment | 58,072 | 57,257 | 75,356 | 92,940 | 107,718 | 97,521 | |||
| Intangible assets, net (including goodwill) | 475,542 | 391,423 | 189,848 | 271,514 | 289,609 | 329,665 | |||
| Goodwill | 385,312 | 345,588 | 161,765 | 223,176 | 221,334 | 230,882 | |||
| Intangible assets, net (excluding goodwill) | 90,230 | 45,835 | 28,083 | 48,338 | 68,275 | 98,783 | |||
| Disposal group, including discontinued operation, noncurrent assets | 31,684 | ||||||||
| Deferred income tax assets | 7,038 | 5,054 | 6,247 | 5,408 | ✕ | ✕ | |||
| Other noncurrent assets | 28,970 | 17,272 | 23,785 | 27,390 | 26,814 | 27,136 | |||
| Other undisclosed noncurrent assets | 4,217 | 4,020 | |||||||
| Total noncurrent assets: | 612,368 | 517,362 | 375,540 | 434,142 | 428,358 | 458,342 | |||
| TOTAL ASSETS: | 1,446,613 | 1,549,099 | 733,055 | 807,312 | 825,832 | 896,764 | |||
| LIABILITIES AND EQUITY | |||||||||
| Liabilities | |||||||||
| Current Liabilities | |||||||||
| Accounts payable and accrued liabilities | 109,397 | 134,360 | 114,986 | 112,946 | 125,987 | 121,506 | |||
| Accounts payable | 53,826 | 57,366 | 45,174 | 49,851 | 66,722 | 55,607 | |||
| Accrued liabilities | 55,571 | 76,994 | 69,812 | 63,095 | 59,265 | 65,899 | |||
| Deferred revenue | 26,464 | 28,027 | ✕ | ✕ | |||||
| Debt | 693 | 633 | 3,023 | 12,075 | 654 | 644 | |||
| Estimated litigation liability | 50,000 | ||||||||
| Disposal group, including discontinued operation | 11,107 | ||||||||
| Deferred revenue and credits | ✕ | ✕ | ✕ | ✕ | ✕ | ✕ | 29,214 | ||
| Customer advances and deposits | ✕ | ✕ | ✕ | ✕ | ✕ | ✕ | 5,765 | ||
| Other undisclosed current liabilities | 15,254 | 14,992 | 46,614 | 37,943 | 37,419 | ||||
| Total current liabilities: | 151,808 | 178,012 | 175,730 | 162,964 | 164,060 | 207,129 | |||
| Noncurrent Liabilities | |||||||||
| Long-term debt and lease obligation | 452,790 | 494,279 | 67,687 | 80,617 | 31,392 | 7,078 | |||
| Long-term debt, excluding current maturities | 449,510 | 446,859 | 19,218 | 45,215 | 25,000 | ||||
| Capital lease obligations | ✕ | ✕ | ✕ | ✕ | ✕ | 6,392 | 7,078 | ||
| Finance lease, liability | 3,280 | 4,061 | 10,173 | 10,567 | ✕ | ✕ | |||
| Liabilities, other than long-term debt | 90,311 | 34,427 | 58,915 | 49,835 | 39,331 | 57,737 | |||
| Deferred tax liabilities, net | ✕ | ✕ | ✕ | ✕ | ✕ | 8,983 | |||
| Deferred income tax liabilities | 7,631 | 2,173 | 4,716 | 4,027 | ✕ | ✕ | |||
| Disposal group, including discontinued operation, liabilities | 2,952 | ||||||||
| Other liabilities | 44,181 | 32,254 | 51,247 | 45,808 | 39,331 | 48,754 | |||
| Operating lease, liability | 38,499 | 43,359 | 38,296 | 24,835 | ✕ | ✕ | |||
| Other undisclosed noncurrent liabilities | 6,190 | ||||||||
| Total noncurrent liabilities: | 543,101 | 528,706 | 126,602 | 130,452 | 76,913 | 64,815 | |||
| Total liabilities: | 694,909 | 706,718 | 302,332 | 293,416 | 240,973 | 271,944 | |||
| Temporary equity, carrying amount | 1,760 | 8,872 | 8,872 | ||||||
| Equity | |||||||||
| Equity, attributable to parent | 749,944 | 842,381 | 430,723 | 522,159 | 578,369 | 618,854 | |||
| Common stock | 131 | 128 | 128 | 120 | 117 | 115 | |||
| Treasury stock, value | (22,590) | (18,769) | (15,572) | (8,203) | |||||
| Additional paid in capital | 1,547,597 | 1,501,210 | 1,404,964 | 1,371,564 | 1,355,503 | 1,326,250 | |||
| Accumulated other comprehensive loss | (53,822) | (37,706) | (8,476) | (37,047) | (38,978) | (21,536) | |||
| Accumulated deficit | (743,962) | (621,251) | (943,303) | (793,709) | (722,701) | (677,772) | |||
| Equity, attributable to noncontrolling interest | (8,263) | (2,382) | (2,906) | ||||||
| Total equity: | 749,944 | 842,381 | 430,723 | 513,896 | 575,987 | 615,948 | |||
| TOTAL LIABILITIES AND EQUITY: | 1,446,613 | 1,549,099 | 733,055 | 807,312 | 825,832 | 896,764 | |||
Income Statement (P&L) ($ in thousands)
| 6/30/2023 TTM | 12/31/2022 | 12/31/2021 | 12/31/2020 | 12/31/2019 | 12/31/2018 | 12/31/2017 | ||
|---|---|---|---|---|---|---|---|---|
| Revenues | 538,031 | 615,639 | 557,240 | 629,094 | 687,660 | 646,069 | ||
| Revenue, net | ✕ | ✕ | ✕ | ✕ | ✕ | ✕ | 646,069 | |
| Cost of revenue (Cost of Goods and Services Sold) | (323,798) | (351,861) | (333,865) | (351,053) | (363,266) | (341,230) | ||
| Gross profit: | 214,233 | 263,778 | 223,375 | 278,041 | 324,394 | 304,839 | ||
| Operating expenses | (331,252) | (296,847) | (342,338) | (335,145) | (367,585) | (358,812) | ||
| Operating loss: | (117,019) | (33,069) | (118,963) | (57,104) | (43,191) | (53,973) | ||
| Nonoperating income (expense) | (3,790) | 352,609 | ||||||
| Investment income, nonoperating | (283) | |||||||
| Gain (loss), foreign currency transaction, before tax | (4,424) | 1,681 | ||||||
| Other nonoperating income (expense) | (5,907) | |||||||
| Interest and debt expense | (196) | (2,340) | (4,391) | (4,442) | (1,188) | (919) | ||
| Other undisclosed income (loss) from continuing operations before equity method investments, income taxes | (20,056) | (3,554) | 1,151 | (2,629) | ||||
| Income (loss) from continuing operations before equity method investments, income taxes: | (121,005) | 317,200 | (143,410) | (65,100) | (43,228) | (57,521) | ||
| Loss from equity method investments | ||||||||
| Other undisclosed income from continuing operations before income taxes | 196 | 2,340 | ||||||
| Income (loss) from continuing operations before income taxes: | (120,809) | 319,540 | (143,410) | (65,100) | (43,228) | (57,521) | ||
| Income tax expense (benefit) | (2,140) | 2,512 | (6,184) | (4,532) | (2,035) | (7,802) | ||
| Income (loss) from continuing operations: | (122,949) | 322,052 | (149,594) | (69,632) | (45,263) | (65,323) | ||
| Income (loss) before gain (loss) on sale of properties: | ✕ | 322,052 | (149,594) | (69,632) | (45,263) | (65,323) | ||
| Net income (loss): | (122,949) | 322,052 | (149,594) | (69,632) | (45,263) | (65,323) | ||
| Net income (loss) attributable to noncontrolling interest | 238 | (248) | (242) | (868) | ||||
| Net income (loss) attributable to parent: | (122,711) | 322,052 | (149,594) | (69,880) | (45,505) | (66,191) | ||
| Other undisclosed net loss available to common stockholders, basic | (596) | |||||||
| Net income (loss) available to common stockholders, diluted: | (123,307) | 322,052 | (149,594) | (69,880) | (45,505) | (66,191) | ||
Comprehensive Income ($ in thousands)
| 6/30/2023 TTM | 12/31/2022 | 12/31/2021 | 12/31/2020 | 12/31/2019 | 12/31/2018 | 12/31/2017 | ||
|---|---|---|---|---|---|---|---|---|
| Net income (loss): | (122,949) | 322,052 | (149,594) | (69,632) | (45,263) | (65,323) | ||
| Other comprehensive income (loss) | (16,116) | (29,231) | 29,132 | 1,618 | (17,160) | 31,948 | ||
| Comprehensive income (loss): | (139,065) | 292,821 | (120,462) | (68,014) | (62,423) | (33,375) | ||
| Comprehensive income (loss), net of tax, attributable to noncontrolling interest | 238 | (191) | (524) | (1,127) | ||||
| Comprehensive income (loss), net of tax, attributable to parent: | (138,827) | 292,821 | (120,462) | (68,205) | (62,947) | (34,502) | ||
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.