PRECIGEN INC
For the period ended Dec 31, 2023. Filed Mar 19, 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 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.
See the whole filing, with its images and exhibitsContents
Consolidated Statements of Operations for the Years Ended , and
| (Amounts in thousands, except share and per share data) | 2023 | 2022 | 2021 |
|---|---|---|---|
| Revenues | |||
| Collaboration and licensing revenues, including $14,561 from related parties in 2022 | $75 | $14,661 | $506 |
| Product revenues | 840 | 1,903 | 2,164 |
| Service revenues | 5,301 | 10,094 | 11,095 |
| Other revenues | 9 | 251 | 502 |
| Total revenues | 6,225 | 26,909 | 14,267 |
| Operating Expenses | |||
| Cost of products and services | 6,119 | 6,339 | 5,745 |
| Research and development | 48,614 | 47,170 | 47,933 |
| Selling, general and administrative | 40,415 | 48,006 | 51,994 |
| Impairment of goodwill | 10,390 | 482 | — |
| Impairment of other noncurrent assets | 445 | 638 | 543 |
| Total operating expenses | 105,983 | 102,635 | 106,215 |
| Operating loss | (99,758) | (75,726) | (91,948) |
| Other Income (expense), Net | |||
| Interest expense | (468) | (6,774) | (18,755) |
| Interest income | 3,237 | 133 | 171 |
| Other income (expense), net | 627 | 1,539 | (432) |
| Total other income (expense), net | 3,396 | (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 benefit | 458 | 189 | 160 |
| Loss from continuing operations | (95,904) | (79,777) | (110,807) |
| Income from discontinued operations, net of income tax benefit | — | 108,094 | 18,641 |
| 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 diluted | 0.00 | 0.54 | 0.09 |
| Net (loss) Income per share, basic and diluted | $(0.39) | $0.14 | $(0.47) |
| Weighted average shares outstanding, basic and diluted | 244,536,221 | 200,360,821 | 197,759,900 |
The text of this filing, as the company filed it with the SEC, without its images or exhibits. This is not investment advice.