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Ginkgo Bioworks Holdings Inc

For the period ended Dec 31, 2023. Filed Feb 29, 2024.

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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 29, 2024

DNA$12.01-2.9%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 and Comprehensive Loss

(in thousands, except per share data)

Year Ended December 31,
202320222021
Cell Engineering revenue (1)$143,531$143,666$112,989
Biosecurity revenue:
Product28,94935,45523,040
Service78,975298,585177,808
Total revenue251,455477,706313,837
Costs and operating expenses:
Cost of Biosecurity product revenue7,48120,64620,017
Cost of Biosecurity service revenue46,524183,570109,673
Research and development580,6211,052,6431,149,662
General and administrative385,0251,429,799862,952
Impairment of lease assets96,210——
Total operating expenses1,115,8612,686,6582,142,304
Loss from operations(864,406)(2,208,952)(1,828,467)
Other income (expense):
Interest income57,21720,262837
Interest expense(93)(106)(2,373)
Loss on equity method investments(2,635)(43,761)(77,284)
Loss on investments(54,827)(53,335)(11,543)
Change in fair value of warrant liabilities5,168124,97058,615
Gain on settlement of partnership agreement——23,826
(Loss) gain on deconsolidation of subsidiaries(42,502)31,889—
Other income (expense), net9,1387,634(1,733)
Total other income (expense), net(28,534)87,553(9,655)
Loss before income taxes(892,940)(2,121,399)(1,838,122)
Income tax benefit(71)(15,027)(1,480)
Net loss(892,869)(2,106,372)(1,836,642)
Loss attributable to non-controlling interest—(1,443)(6,595)
Net loss attributable to Ginkgo Bioworks Holdings, Inc. stockholders$(892,869)$(2,104,929)$(1,830,047)
Net loss per share attributable to Ginkgo Bioworks Holdings, Inc. common stockholders:
Basic$(0.46)$(1.25)$(1.35)
Diluted$(0.46)$(1.25)$(1.39)
Weighted average common shares outstanding:
Basic1,944,4201,679,0611,359,849
Diluted1,944,4201,679,8391,360,373
Comprehensive loss:
Net loss$(892,869)$(2,106,372)$(1,836,642)
Other comprehensive loss:
Foreign currency translation adjustment4,116(917)(1,715)
Total other comprehensive gain (loss)4,116(917)(1,715)
Comprehensive loss$(888,753)$(2,107,289)$(1,838,357)

(1)Includes related party revenue of $22,222, $38,813, and $47,161 for the years ended December 31, 2023, 2022, and 2021, respectively.

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The text of this filing, as the company filed it with the SEC, without its images or exhibits. This is not investment advice.