PRECIGEN, INC.
For the period ended Dec 31, 2024. Filed Mar 19, 2025.
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FY2024 · Filed Mar 19, 2025
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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Consolidated Statements of Operations for the Years Ended , and
| (Amounts in thousands, except share and per share data) | 2024 | 2023 | 2022 |
|---|---|---|---|
| Revenues | |||
| Collaboration and licensing revenues, including $14,561 from related parties in 2022. | $— | $75 | $14,661 |
| Product revenues | 422 | 840 | 1,903 |
| Service revenues | 3,470 | 5,301 | 10,094 |
| Other revenues | 33 | 9 | 251 |
| Total revenues | 3,925 | 6,225 | 26,909 |
| Operating Expenses | |||
| Cost of products and services | 4,267 | 6,119 | 6,339 |
| Research and development | 53,070 | 48,614 | 47,170 |
| Selling, general and administrative | 41,293 | 40,415 | 48,006 |
| Impairment of goodwill | 7,409 | 10,390 | 482 |
| Impairment of other noncurrent assets | 32,915 | 445 | 638 |
| Total operating expenses | 138,954 | 105,983 | 102,635 |
| Operating loss | (135,029) | (99,758) | (75,726) |
| Other Income (Expense), Net | |||
| Interest expense | (6) | (468) | (6,774) |
| Interest income | 1,418 | 3,237 | 133 |
| Other income, net | 5,589 | 627 | 1,539 |
| Total other income (expense), net | 7,001 | 3,396 | (5,102) |
| Equity in net income of affiliates | — | — | 862 |
| Loss from continuing operations before income taxes | (128,028) | (96,362) | (79,966) |
| Income tax benefit | 1,793 | 458 | 189 |
| Loss from continuing operations | (126,235) | (95,904) | (79,777) |
| Income from discontinued operations, net of income tax benefit | — | — | 108,094 |
| Net (loss) income | $(126,235) | $(95,904) | $28,317 |
| Net (Loss) Income per Share | |||
| Net loss from continuing operations per share, basic and diluted | $(0.47) | $(0.39) | $(0.40) |
| Net income from discontinued operations per share, basic and diluted | — | — | 0.54 |
| Net (loss) Income per share, basic and diluted | $(0.47) | $(0.39) | $0.14 |
| Weighted average shares outstanding, basic and diluted | 267,727,426 | 244,536,221 | 200,360,821 |
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