Pacific Biosciences of California, Inc. (PACB) financial statements (2021 and earlier)

Company profile

Business Address 1305 O'BRIEN DRIVE
MENLO PARK, CA 94025
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)

12/31/2019
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, including:49102637282101113
Cash and cash equivalents30191717343626
Short-term investments19844655496586
Other undisclosed cash, cash equivalents, and short-term investments  0    
Receivables15913161533
Inventory, net of allowances, customer advances and progress billings13182316111110
Inventory13182316111110
Prepaid expense  121  
Other current assets  101  
Other undisclosed current assets33(0)2 21
Total current assets:81132102109111118126
Noncurrent Assets
Operating lease, right-of-use asset33
Property, plant and equipment30343815979
Restricted cash and investments45555  
Other noncurrent assets00010800
Total noncurrent assets:6739422921710
TOTAL ASSETS:148170144138131125136
LIABILITIES AND EQUITY
Liabilities
Current Liabilities
Accounts payable and accrued liabilities22202225283517
Accounts payable8798562
Accrued liabilities131313171611 
Employee-related liabilities    865
Accounts payable and other accrued liabilities1110
Deferred revenue8
Debt20    00
Other liabilities01120210
Other undisclosed current liabilities 76710(5)(4)
Total current liabilities:49272934383123
Noncurrent Liabilities
Long-term debt and lease obligation42151416151616
Long-term debt, excluding current maturities 151416151413
Capital lease obligations    22
Operating lease, liability42
Liabilities, other than long-term debt214152232
Deferred revenue and credits14    
Deferred revenue2
Deferred rent credit 14
Other liabilities   2121
Derivative instruments and hedges, liabilities 000111
Other undisclosed noncurrent liabilities 11121927
Total noncurrent liabilities:44292919193844
Total liabilities:93565853587067
Stockholders' equity
Stockholders' equity attributable to parent551148685745569
Common stock0000000
Additional paid in capital1,1211,096966872787736684
Accumulated other comprehensive income (loss)0(0)(0)0(0)00
Accumulated deficit(1,066)(982)(880)(788)(713)(681)(615)
Total stockholders' equity:551148685745569
TOTAL LIABILITIES AND EQUITY:148170144138131125136

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

12/31/2019
12/31/2018
12/31/2017
12/31/2016
12/31/2015
12/31/2014
12/31/2013
Revenues91799391936128
Revenue, net9379484426
Cost of revenue(56)(54)(59)(47)(39)(37)(22)
Cost of goods and services sold(56)(54)(43)(35)(31)(30)(16)
Other cost of operating revenue  (16)(12)(9)(8)(6)
Gross profit:3525354453236
Operating expenses(135)(126)(124)(115)(83)(86)(84)
Operating loss:(101)(101)(90)(71)(29)(63)(78)
Nonoperating income (expense)191100(0)0
Investment income, nonoperating     0(0)
Gain on contract termination18      
Other nonoperating income (expense)11100(0)1
Interest and debt expense(3)(2)(3)(3)(3)(3)(2)
Net loss:(84)(103)(92)(74)(32)(66)(80)
Other undisclosed net income (loss) attributable to parent     (0)0
Net loss available to common stockholders, diluted:(84)(103)(92)(74)(32)(66)(79)

Comprehensive Income ($ in millions)

12/31/2019
12/31/2018
12/31/2017
12/31/2016
12/31/2015
12/31/2014
12/31/2013
Net loss:(84)(103)(92)(74)(32)(66)(80)
Other comprehensive loss     (0)(0)
Comprehensive loss:(84)(103)(92)(74)(32)(66)(80)
Other undisclosed comprehensive income (loss), net of tax, attributable to parent0(0)(0)0(0)(0)0
Comprehensive loss, net of tax, attributable to parent:(84)(103)(92)(74)(32)(66)(79)

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: