ORASURE TECHNOLOGIES INC

For the period ended Dec 31, 2023. Filed Mar 11, 2024.

About 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 Mar 11, 2024

OSUR$3.53+2.6%Stored close · as of Nov 9, 2026

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Contents

Consolidated Balance Sheets

(in thousands, except per share amounts)

	December 31, 2023	December 31, 2022
ASSETS
Current Assets:
Cash and cash equivalents	$290,407	$83,980
Short-term investments	—	26,867
Accounts receivable, net of allowance for doubtful accounts of $1,216 and $2,365	40,171	70,797
Inventories	47,614	95,704
Prepaid expenses	6,041	6,273
Other current assets	2,226	41,569
Total current assets	386,459	325,190
Noncurrent Assets:
Property, plant and equipment, net	45,420	59,413
Operating right-of-use assets, net	12,270	10,399
Finance right-of-use assets, net	576	1,293
Intangible assets, net	1,206	11,694
Goodwill	35,696	35,104
Other noncurrent assets	1,218	1,087
Total noncurrent assets	96,386	118,990
TOTAL ASSETS	$482,845	$444,180
LIABILITIES AND STOCKHOLDERS' EQUITY
Current Liabilities:
Accounts payable	$13,151	$38,020
Deferred revenue	1,559	2,273
Accrued expenses and other current liabilities	22,710	25,762
Finance lease liability	539	1,179
Operating lease liability	1,577	1,764
Acquisition-related contingent consideration obligation	—	65
Total current liabilities	39,536	69,063
Noncurrent Liabilities:
Finance lease liability	226	503
Operating lease liability	11,162	9,101
Acquisition-related contingent consideration obligation	—	99
Other noncurrent liabilities	696	581
Deferred income taxes	554	408
Total noncurrent liabilities	12,638	10,692
TOTAL LIABILITIES	52,174	79,755
Commitments and contingencies (Note 14)
STOCKHOLDERS' EQUITY
Preferred stock, par value $.000001, 25,000 shares authorized, none issued	—	—
Common stock, par value $.000001, 120,000 shares authorized, 73,528 and 72,734 shares issued and outstanding	—	—
Additional paid-in capital	529,543	520,446
Accumulated other comprehensive loss	(14,941)	(18,435)
Accumulated deficit	(83,931)	(137,586)
Total stockholders' equity	430,671	364,425
TOTAL LIABILITIES AND STOCKHOLDERS' EQUITY	$482,845	$444,180

ContentsView on SEC.gov

The text of this filing, as the company filed it with the SEC, without its images or exhibits. This is not investment advice.