Penumbra Inc

For the period ended Dec 31, 2023. Filed Feb 22, 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 Feb 22, 2024

PEN$321.46-0.1%Stored close · as of Nov 10, 2026

Extracted filing text, with the paragraph anchors used by the comparison.

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Contents

Consolidated Statements of Stockholders’ Equity

(in thousands, except share amounts)

Common Stock · Additional Paid-in Capital · AccumulatedOtherComprehensive(Loss) Income · Retained Earnings (AccumulatedDeficit) · Total Penumbra, Inc. Stockholders’ Equity · Non-Controlling Interest · TotalStockholders’Equity
Shares · Amount
Balance at December 31, 2020	36,414,732	$36		$598,299		$2,541		$40,622		$641,498		$(3,710)		$637,788
Issuance of common stock	498,185	—		4,507		—		—		4,507		157		4,664
Issuance of common stock under employee stock purchase plan	64,852	—		13,705		—		—		13,705		—		13,705
Issuance of common stock in connection with Sixense acquisition(1)	661,877	1		174,133		—		—		174,134		—		174,134
Replacement share-based awards issued in connection with Sixense acquisition(1)	—	—		80,693		—		—		80,693		—		80,693
Acquisition of subsidiary stock from noncontrolling interests(1)	—	—		(10,375)		—		—		(10,375)		6,214		(4,161)
Shares held for tax withholdings	(61,163)	—		(15,832)		—		—		(15,832)		—		(15,832)
Stock-based compensation	—	—		65,484		—		—		65,484		—		65,484
Other comprehensive loss	—	—		—		(5,171)		—		(5,171)		—		(5,171)
Net income (loss)	—	—		—		—		5,284		5,284		(2,661)		2,623
Balance at December 31, 2021	37,578,483	$37		$910,614		$(2,630)		$45,906		$953,927		$—		$953,927
Issuance of common stock	460,177	1		7,786		—		—		7,787		—		7,787
Issuance of common stock under employee stock purchase plan	113,893	—		13,766		—		—		13,766		—		13,766
Shares held for tax withholdings	(44,576)	—		(8,042)		—		—		(8,042)		—		(8,042)
Stock-based compensation	—	—		38,916		—		—		38,916		—		38,916
Other comprehensive loss	—	—		—		(5,494)		—		(5,494)		—		(5,494)
Net loss	—	—		—		—		(2,002)		(2,002)		—		(2,002)
Balance at December 31, 2022	38,107,977	$38		$963,040		$(8,124)		$43,904		$998,858		$—		$998,858
Issuance of common stock	426,333	1		5,517		—		—		5,518		—		5,518
Issuance of common stock under employee stock purchase plan	83,799		14,896		—		—		14,896		—		14,896
Issuance of common stock in connection with asset acquisition(2)	71,211	—		17,227		—		—		17,227		—		17,227
Shares held for tax withholdings	(7,771)	—		(2,074)		—		—		(2,074)		—		(2,074)
Stock-based compensation	—	—		48,592		—		—		48,592		—		48,592
Other comprehensive income	—	—		—		4,973		—		4,973		—		4,973
Net income	—	—		—		—		90,954		90,954		—		90,954
Balance at December 31, 2023	38,681,549	$39		$1,047,198		$(3,151)		$134,858		$1,178,944		$—		$1,178,944

(1) Refer to Note "5. Business Combinations” and Note “12. Stockholders’ Equity” for more information on the impact of the acquisition of Sixense Enterprises Inc. during the year ended December 31, 2021.

(2) Refer to Note “6. Asset Acquisition” for more information on the impact of the asset acquisition during the year ended December 31, 2023.

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.