Fulgent Genetics Inc
For the period ended Mar 31, 2024. Filed May 3, 2024.
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A company's report for each of its first three quarters. The financial statements are not audited. It shows how the business has moved since the last annual report, and what management says changed.
Mar 31, 2024 · Filed May 3, 2024
Extracted filing text, with the paragraph anchors used by the comparison.
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Condensed Consolidated Statements of Stockholders’ Equity
| Fulgent Stockholders’ Equity | ||||||||||
|---|---|---|---|---|---|---|---|---|---|---|
| Shares (1) · Amount · Additional Paid-In Capital · Accumulated Other ComprehensiveIncome (Loss) · Retained Earnings · Fulgent Stockholders’ Equity · Noncontrolling Interest · Total Equity | ||||||||||
| Balance at December 31, 2023 | 29,653 | $3 | $501,718 | $1,205 | $633,175 | $1,136,101 | $(2,815) | $1,133,286 | ||
| Equity-based compensation | — | — | 11,518 | — | — | 11,518 | — | 11,518 | ||
| Exercise of common stock options | 1 | — | — | — | — | — | — | — | ||
| Restricted stock awards | 315 | — | — | — | — | — | — | — | ||
| Common stock withholding for employee tax obligations | (69) | — | (1,682) | — | — | (1,682) | — | (1,682) | ||
| Repurchase of common stock | (10) | — | (225) | (225) | (225) | |||||
| Other comprehensive loss, net | — | — | — | (2,307) | — | (2,307) | (98) | (2,405) | ||
| Net loss | — | — | — | — | (13,462) | (13,462) | (384) | (13,846) | ||
| Balance at March 31, 2024 | 29,890 | $3 | $511,329 | $(1,102) | $619,713 | $1,129,943 | $(3,297) | $1,126,646 | ||
(1)185,503 shares of the Company's common stock were not issued and were held back by the Company as partial security for the indemnification obligations in connection with the business combination of Fulgent Pharma Holdings, Inc., or Fulgent Pharma, as of March 31, 2024 and December 31, 2023.
Condensed Consolidated Statements of Stockholders’ Equity
| Fulgent Stockholders’ Equity | ||||||||
|---|---|---|---|---|---|---|---|---|
| Shares (1) | Amount | Additional Paid-In Capital | Accumulated Other ComprehensiveIncome (Loss) | Retained Earnings | Fulgent Stockholders’ Equity | Noncontrolling Interest | Total Equity | |
| Balance at December 31, 2022 | 29,438 | $3 | $486,585 | $(20,903) | $801,000 | $1,266,685 | $3,190 | $1,269,875 |
| Equity-based compensation | — | — | 10,265 | — | — | 10,265 | — | 10,265 |
| Restricted stock awards | 280 | — | — | — | — | — | — | — |
| Common stock withholding for employee tax obligations | (26) | — | (869) | — | — | (869) | — | (869) |
| Other comprehensive income, net | — | — | — | 3,707 | — | 3,707 | 1,790 | 5,497 |
| Net loss | — | — | — | — | (15,340) | (15,340) | (509) | (15,849) |
| Balance at March 31, 2023 | 29,692 | $3 | $495,981 | $(17,196) | $785,660 | $1,264,448 | $4,471 | $1,268,919 |
(1)371,006 shares of the Company's common stock were not issued and were held back by the Company as partial security for the indemnification obligations in connection with the business combination of Fulgent Pharma as of March 31, 2023.
The text of this filing, as the company filed it with the SEC, without its images or exhibits. This is not investment advice.