PRECIGEN, INC.
For the period ended Dec 31, 2025. Filed Mar 25, 2026.
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FY2025 · Filed Mar 25, 2026
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 Balance Sheets as of and
December 31, 2025, and 2024
| (Amounts in thousands, except share data) | 2025 | 2024 |
|---|---|---|
| Assets | ||
| Current assets | ||
| Cash and cash equivalents | $30,234 | $29,517 |
| Short-term investments | 67,624 | 68,393 |
| Receivables | ||
| Trade, less allowance for credit losses of $0 as of December 31, 2025 and 2024. | 3,916 | 926 |
| Other | 446 | 237 |
| Inventory | 9,581 | — |
| Prepaid expenses and other | 3,434 | 3,341 |
| Total current assets | 115,235 | 102,414 |
| Long-term investments | 2,511 | — |
| Property, plant and equipment, net | 13,758 | 13,831 |
| Intangible assets, net | 3,182 | 4,455 |
| Goodwill | 15,232 | 19,139 |
| Right-of-use assets | 4,679 | 5,056 |
| Other assets | 908 | 371 |
| Total assets | $155,505 | $145,266 |
December 31, 2025 and 2024
| (Amounts in thousands, except share data) | 2025 | 2024 |
|---|---|---|
| Liabilities, Mezzanine Equity and Shareholders' Equity | ||
| Current liabilities | ||
| Accounts payable | $11,985 | $3,531 |
| Accrued compensation and benefits | 10,199 | 8,417 |
| Other accrued liabilities | 10,993 | 4,812 |
| Indemnification accrual | 2,476 | 3,213 |
| Deferred revenue | 517 | 589 |
| Current portion of lease liabilities | 1,136 | 956 |
| Total current liabilities | 37,306 | 21,518 |
| Long-term debt | 93,174 | — |
| Deferred revenue, net of current portion | — | 1,934 |
| Lease liabilities, net of current portion | 3,980 | 4,546 |
| Other long-term liabilities | 134 | — |
| Warrant liabilities | — | 50,537 |
| Total liabilities | 134,594 | 78,535 |
| Commitments and contingencies (Note 15) | ||
| Mezzanine Equity | ||
| Series A Preferred Stock, no par value, 81,000 shares authorized as of December 31, 2025 and December 31, 2024; zero and 79,000 shares issued and outstanding as of December 31, 2025 and December 31, 2024, respectively (aggregate liquidation preference of zero as of December 31, 2025 and $79,000 as of December 31, 2024). | — | 28,218 |
| Shareholders' equity | ||
| Common stock, no par value, 700,000,000 shares authorized as of December 31, 2025 and 400,000,000 authorized as of December 31, 2024; 353,910,926 shares and 292,869,097 shares issued as of December 31, 2025 and 2024, 353,910,926 shares and 292,869,097 shares outstanding as of December 31, 2025 and 2024, respectively. | — | — |
| Additional paid-in capital | 2,362,252 | 2,129,207 |
| Accumulated deficit | (2,341,348) | (2,090,706) |
| Accumulated other comprehensive income | 7 | 12 |
| Total shareholders' equity | 20,911 | 38,513 |
| Total liabilities, mezzanine equity and shareholders' equity | $155,505 | $145,266 |
The text of this filing, as the company filed it with the SEC, without its images or exhibits. This is not investment advice.