Outset Medical Inc
For the period ended Sep 30, 2024. Filed Nov 7, 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.
Sep 30, 2024 · Filed Nov 7, 2024
OM$4.23+3.2%Stored close · as of Nov 6, 2026
Extracted filing text, with the paragraph anchors used by the comparison.
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Condensed Balance Sheets
(in thousands, except per share amounts)
| September 30, | December 31, | |
|---|---|---|
| 2024 | 2023 | |
| Assets | ||
| Current assets: | ||
| Cash and cash equivalents | $33,287 | $68,509 |
| Short-term investments | 142,346 | 134,815 |
| Accounts receivable, net | 34,259 | 32,980 |
| Inventories | 61,436 | 49,215 |
| Prepaid expenses and other current assets | 3,945 | 5,700 |
| Total current assets | 275,273 | 291,219 |
| Restricted cash | 3,329 | 3,329 |
| Property and equipment, net | 9,492 | 13,273 |
| Operating lease right-of-use assets | 4,312 | 5,375 |
| Other assets | 484 | 605 |
| Total assets | $292,890 | $313,801 |
| Liabilities and stockholders' equity | ||
| Current liabilities: | ||
| Accounts payable | $4,295 | $5,827 |
| Accrued compensation and related benefits | 14,719 | 19,005 |
| Accrued expenses and other current liabilities | 6,749 | 13,459 |
| Accrued warranty liability | 2,156 | 3,712 |
| Deferred revenue, current | 12,766 | 11,727 |
| Operating lease liabilities, current | 1,745 | 1,593 |
| Total current liabilities | 42,430 | 55,323 |
| Accrued interest | 2,222 | 896 |
| Deferred revenue | 77 | 101 |
| Operating lease liabilities | 3,157 | 4,482 |
| Term loans | 197,182 | 130,113 |
| Total liabilities | 245,068 | 190,915 |
| 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 September 30, 2024 and December 31, 2023 | — | — |
| Common stock, $0.001 par value; 300,000 shares authorized as of September 30, 2024 and December 31, 2023; 52,538 and 50,317 shares issued and outstanding as of September 30, 2024 and December 31, 2023, respectively | 52 | 50 |
| Additional paid-in capital | 1,111,503 | 1,084,515 |
| Accumulated other comprehensive income | 352 | 68 |
| Accumulated deficit | (1,064,085) | (961,747) |
| Total stockholders' equity | 47,822 | 122,886 |
| Total liabilities and stockholders' equity | $292,890 | $313,801 |
The text of this filing, as the company filed it with the SEC, without its images or exhibits. This is not investment advice.