Outset Medical Inc
For the period ended Dec 31, 2023. Filed Feb 21, 2024.
View on SEC.govAbout this filing
A company's yearly report to the SEC, with audited financial statements. It is the fullest account a company gives of its business, its finances and the risks it sees.
FY2023 · Filed Feb 21, 2024
OM$4.12-2.6%Stored close · as of Nov 9, 2026
Extracted filing text, with the paragraph anchors used by the comparison.
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Balance Sheets
(in thousands, except per share amounts)
| December 31, | ||
|---|---|---|
| 2023 | 2022 | |
| Assets | ||
| Current assets: | ||
| Cash and cash equivalents | $68,509 | $73,222 |
| Short-term investments | 134,815 | 214,280 |
| Accounts receivable, net | 32,980 | 28,070 |
| Inventories | 49,215 | 51,476 |
| Prepaid expenses and other current assets | 5,700 | 6,597 |
| Total current assets | 291,219 | 373,645 |
| Restricted cash | 3,329 | 3,311 |
| Property and equipment, net | 13,273 | 15,876 |
| Operating lease right-of-use assets | 5,375 | 6,117 |
| Other assets | 605 | 1,166 |
| Total assets | $313,801 | $400,115 |
| Liabilities and stockholders' equity | ||
| Current liabilities: | ||
| Accounts payable | $5,827 | $603 |
| Accrued compensation and related benefits | 19,005 | 21,519 |
| Accrued expenses and other current liabilities | 13,459 | 16,227 |
| Accrued warranty liability | 3,712 | 3,620 |
| Deferred revenue, current | 11,727 | 8,662 |
| Operating lease liabilities, current | 1,593 | 1,318 |
| Total current liabilities | 55,323 | 51,949 |
| Accrued interest | 896 | 113 |
| Deferred revenue | 101 | 151 |
| Operating lease liabilities | 4,482 | 5,576 |
| Term loans | 130,113 | 96,336 |
| Total liabilities | 190,915 | 154,125 |
| Commitments and contingencies (Note 6) | ||
| Stockholders' equity: | ||
| Preferred stock, $0.001 par value; 5,000 shares authorized, and no shares issued and outstanding as of December 31, 2023 and 2022 | — | — |
| Common stock, $0.001 par value; 300,000 shares authorized as of December 31, 2023 and 2022; 50,317 and 48,465 shares issued and outstanding as of December 31, 2023 and 2022, respectively | 50 | 48 |
| Additional paid-in capital | 1,084,515 | 1,035,456 |
| Accumulated other comprehensive loss | 68 | (564) |
| Accumulated deficit | (961,747) | (788,950) |
| Total stockholders' equity | 122,886 | 245,990 |
| Total liabilities and stockholders' equity | $313,801 | $400,115 |
The text of this filing, as the company filed it with the SEC, without its images or exhibits. This is not investment advice.