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PRECIGEN INC

For the period ended Dec 31, 2023. Filed Mar 19, 2024.

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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 19, 2024

PGEN$4.52-4.4%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 Operations for the Years Ended , and

(Amounts in thousands, except share and per share data)202320222021
Revenues
Collaboration and licensing revenues, including $14,561 from related parties in 2022$75$14,661$506
Product revenues8401,9032,164
Service revenues5,30110,09411,095
Other revenues9251502
Total revenues6,22526,90914,267
Operating Expenses
Cost of products and services6,1196,3395,745
Research and development48,61447,17047,933
Selling, general and administrative40,41548,00651,994
Impairment of goodwill10,390482—
Impairment of other noncurrent assets445638543
Total operating expenses105,983102,635106,215
Operating loss(99,758)(75,726)(91,948)
Other Income (expense), Net
Interest expense(468)(6,774)(18,755)
Interest income3,237133171
Other income (expense), net6271,539(432)
Total other income (expense), net3,396(5,102)(19,016)
Equity in net income (loss) of affiliates—862(3)
Loss from continuing operations before income taxes(96,362)(79,966)(110,967)
Income tax benefit458189160
Loss from continuing operations(95,904)(79,777)(110,807)
Income from discontinued operations, net of income tax benefit—108,09418,641
Net (loss) income$(95,904)$28,317$(92,166)
Net (Loss) Income per Share
Net loss from continuing operations per share, basic and diluted$(0.39)$(0.40)$(0.56)
Net income from discontinued operations per share, basic and diluted0.000.540.09
Net (loss) Income per share, basic and diluted$(0.39)$0.14$(0.47)
Weighted average shares outstanding, basic and diluted244,536,221200,360,821197,759,900
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.