ViewRay, Inc. (VRAY) financial statements (2021 and earlier)
Company profile
| Business Address |
2 THERMO FISHER WAY OAKWOOD VILLAGE, OH 44146 |
| State of Incorp. | DE |
| Fiscal Year End | December 31 |
| SIC | 3845 - Electromedical and Electrotherapeutic Apparatus (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 | 11/30/2014 | |||
|---|---|---|---|---|---|---|---|---|---|
| ASSETS | |||||||||
| Current Assets | |||||||||
| Cash, cash equivalents, and short-term investments | 157 | 227 | 167 | 57 | 14 | 21 | 0 | ||
| Cash and cash equivalents | 157 | 227 | 167 | 57 | 14 | 21 | 0 | ||
| Receivables | 12 | 17 | 37 | 20 | 4 | 1 | |||
| Inventory, net of allowances, customer advances and progress billings | 47 | 55 | 49 | 19 | 8 | 8 | 0 | ||
| Inventory | 47 | 55 | 49 | 19 | 8 | 8 | 0 | ||
| Deferred costs | 2 | 3 | 10 | 14 | 4 | 9 | |||
| Advances on inventory purchases | 2 | 6 | 8 | 7 | 3 | 4 | |||
| Other undisclosed current assets | 5 | 3 | 6 | 5 | 3 | 1 | |||
| Total current assets: | 224 | 312 | 278 | 123 | 36 | 44 | 0 | ||
| Noncurrent Assets | |||||||||
| Operating lease, right-of-use asset | 10 | 12 | ✕ | ✕ | ✕ | ✕ | ✕ | ||
| Property, plant and equipment | 24 | 23 | 14 | 12 | 12 | 7 | |||
| Intangible assets, net (including goodwill) | 0 | 0 | 0 | 0 | 0 | ||||
| Intangible assets, net (excluding goodwill) | 0 | 0 | 0 | 0 | 0 | ||||
| Restricted cash and investments | 1 | 1 | 2 | 1 | 1 | 1 | |||
| Other noncurrent assets | 1 | 2 | 1 | 0 | 0 | 0 | |||
| Total noncurrent assets: | 37 | 38 | 17 | 13 | 13 | 9 | |||
| TOTAL ASSETS: | 262 | 350 | 295 | 136 | 49 | 52 | 0 | ||
| LIABILITIES AND EQUITY | |||||||||
| Liabilities | |||||||||
| Current Liabilities | |||||||||
| Accounts payable and accrued liabilities | 29 | 35 | 20 | 18 | 11 | 10 | 0 | ||
| Accounts payable | 10 | 14 | 10 | 11 | 5 | 4 | 0 | ||
| Accrued liabilities | 19 | 21 | 10 | 7 | 6 | 5 | |||
| Deferred revenue | 10 | 10 | ✕ | ✕ | ✕ | ✕ | ✕ | ||
| Debt | 4 | 0 | |||||||
| Deferred revenue and credits | ✕ | ✕ | ✕ | 20 | 7 | 6 | |||
| Customer advances and deposits | ✕ | ✕ | ✕ | 18 | 19 | 13 | |||
| Contract with customer, liability | ✕ | ✕ | 14 | ✕ | ✕ | ✕ | ✕ | ||
| Other undisclosed current liabilities | 18 | 10 | 20 | ||||||
| Total current liabilities: | 57 | 59 | 54 | 56 | 37 | 28 | 0 | ||
| Noncurrent Liabilities | |||||||||
| Long-term debt and lease obligation | 66 | 64 | 55 | 45 | 44 | 29 | |||
| Long-term debt, excluding current maturities | 57 | 54 | 55 | 45 | 44 | 29 | |||
| Operating lease, liability | 9 | 10 | ✕ | ✕ | ✕ | ✕ | ✕ | ||
| Liabilities, other than long-term debt | 4 | 5 | 7 | 11 | 8 | 2 | |||
| Deferred revenue and credits | ✕ | ✕ | ✕ | 3 | 4 | 0 | |||
| Deferred revenue | 3 | 4 | ✕ | ✕ | ✕ | ✕ | ✕ | ||
| Contract with customer, liability | ✕ | ✕ | 6 | ✕ | ✕ | ✕ | ✕ | ||
| Other liabilities | 1 | 1 | 1 | 7 | 4 | 2 | |||
| Other undisclosed noncurrent liabilities | 5 | 5 | 12 | 22 | 3 | ||||
| Total noncurrent liabilities: | 74 | 75 | 74 | 78 | 55 | 31 | |||
| Total liabilities: | 131 | 134 | 128 | 134 | 92 | 59 | 0 | ||
| Stockholders' equity | |||||||||
| Stockholders' equity attributable to parent | 130 | 216 | 167 | 2 | (44) | (7) | 0 | ||
| Common stock | 1 | 1 | 1 | 1 | 0 | 0 | 0 | ||
| Additional paid in capital | 756 | 734 | 565 | 321 | 204 | 190 | 0 | ||
| Accumulated deficit | (627) | (519) | (399) | (320) | (248) | (197) | (0) | ||
| Total stockholders' equity: | 130 | 216 | 167 | 2 | (44) | (7) | 0 | ||
| TOTAL LIABILITIES AND EQUITY: | 262 | 350 | 295 | 136 | 49 | 52 | 0 | ||
Income statement (P&L) ($ in millions)
| 12/31/2020 | 12/31/2019 | 12/31/2018 | 12/31/2017 | 12/31/2016 | 12/31/2015 | 11/30/2014 | ||
|---|---|---|---|---|---|---|---|---|
| Revenues | 57 | 88 | 81 | 34 | 22 | 10 | ||
| Revenue, net | ✕ | ✕ | ✕ | 34 | 22 | 10 | ||
| Cost of revenue (Cost of Goods and Services Sold) | (61) | (93) | (74) | (28) | (26) | (15) | ||
| Gross profit: | (4) | (5) | 7 | 6 | (4) | (4) | ||
| Operating expenses | (102) | (115) | (82) | (54) | (41) | (37) | (0) | |
| Operating loss: | (106) | (121) | (75) | (48) | (44) | (41) | (0) | |
| Nonoperating income (expense) | 1 | 5 | 6 | (17) | (1) | (0) | ||
| Investment income, nonoperating | 1 | 2 | 0 | 0 | 0 | 0 | ||
| Other nonoperating income | 1 | 3 | ||||||
| Interest and debt expense | (3) | (4) | (8) | (7) | (6) | (3) | ||
| Loss from continuing operations before equity method investments, income taxes: | (108) | (120) | (76) | (72) | (51) | (45) | (0) | |
| Other undisclosed income from continuing operations before income taxes | 0 | 0 | 0 | 0 | ||||
| Loss from continuing operations before income taxes: | (108) | (120) | (76) | (72) | (51) | (45) | (0) | |
| Income tax expense | (0) | |||||||
| Net loss available to common stockholders, diluted: | (108) | (120) | (76) | (72) | (51) | (45) | (0) | |
Comprehensive Income ($ in millions)
| 12/31/2020 | 12/31/2019 | 12/31/2018 | 12/31/2017 | 12/31/2016 | 12/31/2015 | 11/30/2014 | ||
|---|---|---|---|---|---|---|---|---|
| Net loss: | (108) | (120) | (76) | (72) | (51) | (45) | (0) | |
| Comprehensive loss, net of tax, attributable to parent: | (108) | (120) | (76) | (72) | (51) | (45) | (0) | |
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.