ORASURE TECHNOLOGIES INC
For the period ended Dec 31, 2023. Filed Mar 11, 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 Mar 11, 2024
OSUR$3.53+2.6%Stored close · as of Nov 9, 2026
Extracted filing text, with the paragraph anchors used by the comparison.
See the whole filing, with its images and exhibitsContents
Consolidated Statements of
CONSOLIDATED STATEMENTS OF OPERATIONS
(in thousands, except per share amounts)
| For the Years Ended December 31, | |||
|---|---|---|---|
| 2023 | 2022 | 2021 | |
| NET REVENUES: | |||
| Products and services | $402,222 | $378,047 | $226,897 |
| Other | 3,250 | 9,432 | 6,777 |
| 405,472 | 387,479 | 233,674 | |
| COST OF PRODUCTS AND SERVICES SOLD | 233,820 | 239,041 | 116,074 |
| Gross profit | 171,652 | 148,438 | 117,600 |
| OPERATING EXPENSES: | |||
| Research and development | 33,728 | 36,237 | 34,170 |
| Sales and marketing | 36,319 | 49,238 | 44,751 |
| General and administrative | 58,191 | 68,206 | 50,328 |
| Loss on impairments | 10,829 | 17,101 | — |
| Change in the estimated fair value of acquisition-related contingent consideration | (99) | (188) | (1,485) |
| 138,968 | 170,594 | 127,764 | |
| Operating income (loss) | 32,684 | (22,156) | (10,164) |
| OTHER INCOME | 23,574 | 6,481 | 872 |
| Income (loss) before income taxes | 56,258 | (15,675) | (9,292) |
| INCOME TAX EXPENSE | 2,603 | 1,458 | 13,706 |
| NET INCOME (LOSS) | $53,655 | $(17,133) | $(22,998) |
| INCOME (LOSS) PER SHARE: | |||
| BASIC | $0.73 | $(0.24) | $(0.32) |
| DILUTED | $0.72 | $(0.24) | $(0.32) |
| SHARES USED IN COMPUTING INCOME (LOSS) PER SHARE: | |||
| BASIC | 73,348 | 72,505 | 71,981 |
| DILUTED | 74,389 | 72,505 | 71,981 |
The text of this filing, as the company filed it with the SEC, without its images or exhibits. This is not investment advice.