PureCycle Technologies Inc
For the period ended Dec 31, 2023. Filed Mar 6, 2024.
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FY2023 · Filed Mar 6, 2024
PCT$2.06+23.7%Stored close · as of Nov 9, 2026
Extracted filing text, with the paragraph anchors used by the comparison.
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Consolidated Balance Sheets
| ASSETS | ||
|---|---|---|
| December 31, | ||
| (in thousands except per share data) | 2023 | 2022 |
| CURRENT ASSETS | ||
| Cash and cash equivalents | $73,411 | $63,892 |
| Debt securities available for sale | 48,226 | 98,592 |
| Restricted cash and cash equivalents – current | 25,692 | 68,850 |
| Prepaid expenses and other current assets | 15,316 | 4,883 |
| Total current assets | 162,645 | 236,217 |
| Restricted cash and cash equivalents – non-current | 203,411 | 94,781 |
| Prepaid expenses and other non-current assets | 4,772 | 5,483 |
| Operating lease right-of-use assets | 29,799 | 19,136 |
| Property, plant and equipment, net | 638,746 | 505,719 |
| TOTAL ASSETS | $1,039,373 | $861,336 |
| LIABILITIES AND STOCKHOLDERS’ EQUITY | ||
| CURRENT LIABILITIES | ||
| Accounts payable | $2,881 | $1,667 |
| Accrued expenses | 35,391 | 35,102 |
| Current portion of long-term debt | 9,148 | — |
| Accrued interest | 8,190 | 1,532 |
| Total current liabilities | 55,610 | 38,301 |
| NON-CURRENT LIABILITIES | ||
| Deferred revenue | 5,000 | 5,000 |
| Long-term debt, less current portion | 467,708 | 233,513 |
| Related party note payable | 39,696 | — |
| Warrant liability | 22,059 | 55,883 |
| Operating lease right-of-use liabilities | 27,253 | 16,620 |
| Other non-current liabilities | 1,811 | 1,136 |
| TOTAL LIABILITIES | $619,137 | $350,453 |
| COMMITMENT AND CONTINGENCIES | ||
| STOCKHOLDERS' EQUITY | ||
| Common shares - $0.001 par value, 450,000 shares authorized; 164,279 and 163,550 shares issued and outstanding as of December 31, 2023 and December 31, 2022 | 164 | 164 |
| Additional paid-in capital | 764,344 | 753,885 |
| Accumulated other comprehensive loss | (32) | (641) |
| Accumulated deficit | (344,240) | (242,525) |
| TOTAL STOCKHOLDERS' EQUITY | 420,236 | 510,883 |
| TOTAL LIABILITIES AND STOCKHOLDERS’ EQUITY | $1,039,373 | $861,336 |
The text of this filing, as the company filed it with the SEC, without its images or exhibits. This is not investment advice.