Fate Therapeutics, Inc. (FATE) financial statements (2020 and earlier)
Company profile
| Business Address |
3535 GENERAL ATOMICS COURT SAN DIEGO, CA 92121 |
| State of Incorp. | DE |
| Fiscal Year End | December 31 |
| SIC | 2836 - Biological Products, Except Diagnostic Substances (benchmarking) |
| More info | Complete financial analysis Financial benchmarking |
Balance sheet (Statement of financial position) ($ in millions)
| 9/30/2019 TTM | 12/31/2018 | 12/31/2017 | 12/31/2016 | 12/31/2015 | 12/31/2014 | 12/31/2013 | |||
|---|---|---|---|---|---|---|---|---|---|
| ASSETS | |||||||||
| Current Assets | |||||||||
| Cash, cash equivalents, and short-term investments | 250 | 191 | 89 | 92 | 65 | 49 | 54 | ||
| Cash and cash equivalents | 250 | 191 | 89 | 89 | 65 | 49 | 54 | ||
| Short-term investments | 4 | ||||||||
| Receivables | 1 | ||||||||
| Other undisclosed current assets | 56 | 14 | 14 | 1 | 1 | 1 | 1 | ||
| Total current assets: | 306 | 205 | 103 | 93 | 66 | 50 | 55 | ||
| Noncurrent Assets | |||||||||
| Operating lease, right-of-use asset | 23 | ✕ | ✕ | ✕ | ✕ | ✕ | ✕ | ||
| Property, plant and equipment | 10 | 5 | 3 | 2 | 2 | 1 | 1 | ||
| Contract with customer, asset, net | 2 | 2 | ✕ | ✕ | ✕ | ✕ | ✕ | ||
| Restricted cash and investments | 0 | 0 | 0 | 0 | 0 | 0 | 0 | ||
| Other noncurrent assets | 0 | 1 | 0 | 0 | 0 | 0 | |||
| Total noncurrent assets: | 35 | 8 | 3 | 2 | 2 | 1 | 1 | ||
| TOTAL ASSETS: | 340 | 213 | 105 | 95 | 68 | 51 | 56 | ||
| LIABILITIES AND EQUITY | |||||||||
| Liabilities | |||||||||
| Current Liabilities | |||||||||
| Accounts payable and accrued liabilities | 20 | 15 | 9 | 5 | 3 | 4 | 3 | ||
| Accounts payable | 6 | 4 | 2 | 1 | 1 | 1 | 1 | ||
| Accrued liabilities | 14 | 11 | 7 | 4 | 2 | 2 | 2 | ||
| Employee-related liabilities | 1 | ||||||||
| Deferred revenue | 3 | ✕ | ✕ | ✕ | ✕ | ✕ | ✕ | ||
| Debt | 16 | 2 | 8 | 8 | 2 | 2 | |||
| Deferred revenue and credits | ✕ | ✕ | 2 | 2 | 2 | 0 | 0 | ||
| Contract with customer, liability | ✕ | 8 | ✕ | ✕ | ✕ | ✕ | ✕ | ||
| Other undisclosed current liabilities | 2 | 2 | 0 | (1) | 0 | ||||
| Total current liabilities: | 41 | 27 | 11 | 15 | 13 | 5 | 5 | ||
| Noncurrent Liabilities | |||||||||
| Long-term debt and lease obligation | 26 | 12 | 15 | 3 | 11 | 18 | |||
| Long-term debt, excluding current maturities | 12 | 15 | 3 | 11 | 18 | ||||
| Operating lease, liability | 26 | ✕ | ✕ | ✕ | ✕ | ✕ | ✕ | ||
| Liabilities, other than long-term debt | 4 | 11 | 2 | 4 | 6 | 0 | 0 | ||
| Deferred revenue and credits | ✕ | ✕ | 2 | 3 | 5 | 0 | 0 | ||
| Accounts payable and accrued liabilities | 1 | 0 | 1 | 1 | 0 | ||||
| Deferred revenue | 4 | ✕ | ✕ | ✕ | ✕ | ✕ | ✕ | ||
| Contract with customer, liability | ✕ | 8 | ✕ | ✕ | ✕ | ✕ | ✕ | ||
| Deferred rent credit | 3 | ✕ | ✕ | ✕ | ✕ | ✕ | |||
| Total noncurrent liabilities: | 30 | 24 | 17 | 7 | 16 | 18 | 0 | ||
| Total liabilities: | 71 | 51 | 28 | 22 | 30 | 23 | 5 | ||
| Stockholders' equity | |||||||||
| Stockholders' equity attributable to parent, including: | 268 | 160 | 77 | 73 | 38 | 28 | 51 | ||
| Preferred stock | 0 | 0 | 0 | 0 | |||||
| Common stock | 0 | 0 | 0 | 0 | 0 | 0 | 0 | ||
| Additional paid in capital | 623 | 446 | 296 | 249 | 180 | 141 | 137 | ||
| Accumulated other comprehensive income (loss) | 0 | (0) | (0) | (0) | |||||
| Accumulated deficit | (355) | (285) | (219) | (176) | (142) | (112) | |||
| Other undisclosed stockholders' equity attributable to parent | (87) | ||||||||
| Total stockholders' equity: | 268 | 160 | 77 | 73 | 38 | 28 | 51 | ||
| Other undisclosed liabilities and equity | 1 | 1 | |||||||
| TOTAL LIABILITIES AND EQUITY: | 340 | 213 | 105 | 95 | 68 | 51 | 56 | ||
Income statement (P&L) ($ in millions)
| 9/30/2019 TTM | 12/31/2018 | 12/31/2017 | 12/31/2016 | 12/31/2015 | 12/31/2014 | 12/31/2013 | ||
|---|---|---|---|---|---|---|---|---|
| Revenue, net | ✕ | ✕ | 4 | 4 | 2 | 1 | ||
| Gross profit: | 10 | 5 | 4 | 4 | 2 | 1 | ||
| Operating expenses | (98) | (72) | (46) | (36) | (30) | (25) | (19) | |
| Operating loss: | (88) | (67) | (42) | (32) | (28) | (25) | (18) | |
| Nonoperating income (expense) | 3 | 1 | (1) | (1) | (2) | (1) | (3) | |
| Investment income, nonoperating | 0 | 0 | 0 | 0 | ||||
| Other nonoperating income (expense) | 3 | 0 | (1) | (1) | (2) | (1) | (3) | |
| Interest and debt expense | (2) | (2) | (0) | (2) | (2) | (1) | (1) | |
| Loss before gain (loss) on sale of properties: | (87) | (68) | (43) | (35) | (32) | (27) | (21) | |
| Other undisclosed net income | 1 | 1 | ||||||
| Net loss: | (87) | (67) | (43) | (35) | (32) | (27) | (21) | |
| Other undisclosed net income attributable to parent | 1 | 0 | 2 | 2 | 1 | 0 | ||
| Net loss available to common stockholders, diluted: | (86) | (67) | (43) | (33) | (30) | (26) | (21) | |
Comprehensive Income ($ in millions)
| 9/30/2019 TTM | 12/31/2018 | 12/31/2017 | 12/31/2016 | 12/31/2015 | 12/31/2014 | 12/31/2013 | ||
|---|---|---|---|---|---|---|---|---|
| Net loss: | (87) | (67) | (43) | (35) | (32) | (27) | (21) | |
| Other undisclosed comprehensive income | 1 | 0 | 0 | 2 | ||||
| Comprehensive loss, net of tax, attributable to parent: | (86) | (67) | (43) | (33) | (32) | (27) | (21) | |
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.