Balance Sheet
| Year Ending Dec 2023 (Update) | Year Ending Dec 2022 (Update) | Year Ending Dec 2021 (Update) | Year Ending Dec 2020 (Update) | |
|---|---|---|---|---|
| Cash & Equivalents | 45.20 | 100.44 | 178.87 | 131.33 |
| Short Term Investments | 35.80 | 177.19 | 197.68 | 510.09 |
| Cash and Short Term Investments | 81.00 | 277.63 | 376.55 | 641.42 |
| Accounts Receivable - Trade, Gross | 0.92 | 3.68 | 6.01 | 5.22 |
| Accounts Receivable - Trade, Net | 0.92 | 3.68 | 6.01 | 5.22 |
| Notes Receivable - Short Term | 0.40 | 0.79 | 0.35 | 1.04 |
| Total Receivables, Net | 1.33 | 4.47 | 6.36 | 6.26 |
| Prepaid Expenses | 12.00 | 18.22 | 15.86 | 11.99 |
| Restricted Cash - Current | 0.00 | 0.00 | 0.00 | 0.00 |
| Other Current Assets | 0.00 | 0.00 | 0.00 | 0.00 |
| Other Current Assets, Total | 0.00 | 0.00 | 0.00 | 0.00 |
| Total Current Assets | 94.33 | 300.33 | 398.77 | 659.67 |
| Buildings - Gross | 29.81 | 26.56 | 21.97 | 15.95 |
| Machinery/Equipment - Gross | 42.41 | 48.99 | 40.77 | 25.83 |
| Construction in Progress - Gross | 1.09 | 14.77 | 4.73 | 12.09 |
| Other Property/Plant/Equipment - Gross | 30.60 | 71.75 | 82.26 | 75.92 |
| Property/Plant/Equipment, Total - Gross | 103.91 | 162.06 | 149.73 | 129.79 |
| Accumulated Depreciation, Total | -51.05 | -36.53 | -25.03 | -17.42 |
| Property/Plant/Equipment, Total - Net | 52.87 | 125.53 | 124.70 | 112.37 |
| Goodwill, Net | 0.00 | 37.55 | 39.70 | 42.80 |
| Intangibles, Net | 0.00 | 50.73 | 53.76 | 58.13 |
| LT Investments - Other | 0.00 | 29.85 | 88.17 | 50.53 |
| Long Term Investments | 0.00 | 29.85 | 88.17 | 50.53 |
| Deferred Income Tax - Long Term Asset | 0.00 | 1.12 | 1.06 | 0.00 |
| Restricted Cash - Long Term | 1.50 | 1.50 | 1.50 | 1.50 |
| Other Long Term Assets | 16.63 | 15.91 | 14.26 | 13.56 |
| Other Long Term Assets, Total | 18.13 | 18.52 | 16.82 | 15.06 |
| Total Assets | 165.32 | 562.51 | 721.92 | 938.55 |
| Accounts Payable | 15.26 | 22.42 | 9.76 | 0.00 |
| Payable/Accrued | 0.00 | 0.00 | 0.00 | 12.55 |
| Accrued Expenses | 20.74 | 34.45 | 30.61 | 30.22 |
| Notes Payable/Short Term Debt | 0.00 | 0.00 | 0.00 | 0.00 |
| Customer Advances | 0.00 | 51.78 | 85.71 | 96.64 |
| Other Current Liabilities | 11.73 | 3.07 | 1.80 | 4.13 |
| Other Current liabilities, Total | 11.73 | 54.85 | 87.52 | 100.78 |
| Total Current Liabilities | 47.73 | 111.71 | 127.89 | 143.55 |
| Capital Lease Obligations | 0.00 | 0.00 | 0.00 | 0.00 |
| Total Long Term Debt | 0.00 | 0.00 | 0.00 | 0.00 |
| Total Debt | 0.00 | 0.00 | 0.00 | 0.00 |
| Deferred Income Tax - Long Term Liability | 0.00 | 6.27 | 6.65 | 7.19 |
| Deferred Income Tax | 0.00 | 6.27 | 6.65 | 7.19 |
| Minority Interest | 0.00 | 0.00 | 0.00 | -0.87 |
| Other Long Term Liabilities | 34.70 | 149.57 | 212.05 | 290.45 |
| Other Liabilities, Total | 34.70 | 149.57 | 212.05 | 290.45 |
| Total Liabilities | 82.43 | 267.55 | 346.58 | 440.32 |
| Convertible Preferred Stock – Non-Redeemable | 0.00 | 0.00 | 0.00 | 0.00 |
| Preferred Stock - Non Redeemable, Net | 0.00 | 0.00 | 0.00 | 0.00 |
| Common Stock | 1.78 | 1.67 | 1.46 | 1.42 |
| Common Stock, Total | 1.78 | 1.67 | 1.46 | 1.42 |
| Additional Paid-In Capital | 1,492.08 | 1,450.24 | 1,334.14 | 1,269.38 |
| Retained Earnings (Accumulated Deficit) | -1,406.38 | -1,148.55 | -956.27 | -777.98 |
| Other Comprehensive Income | -4.60 | -8.40 | -3.99 | 5.42 |
| Other Equity, Total | -4.60 | -8.40 | -3.99 | 5.42 |
| Total Equity | 82.89 | 294.96 | 375.34 | 498.23 |
| Total Liabilities & Shareholders' Equity | 165.32 | 562.51 | 721.92 | 938.55 |
| Shares Outstanding – Common Stock Primary Issue | 178.13 | 166.79 | 145.92 | 142.06 |
| Total Common Shares Outstanding | 178.13 | 166.79 | 145.92 | 142.06 |
| Treasury Shares – Common Primary Issue | 0.00 | 0.00 | 0.00 | 0.00 |
| Employees | 405.00 | 478.00 | 431.00 | 413.00 |
| Number of Common Shareholders | 53.00 | 60.00 | 59.00 | 0.00 |
| Deferred Revenue - Current | 0.00 | 51.78 | 85.71 | 96.64 |
| Deferred Revenue - Long Term | 0.00 | 109.38 | 166.78 | 245.05 |
| Total Current Assets less Inventory | 94.33 | 300.33 | 398.77 | 659.67 |
| Quick Ratio | 1.98 | 2.69 | 3.12 | 4.60 |
| Current Ratio | 1.98 | 2.69 | 3.12 | 4.60 |
| Net Debt | -81.00 | -277.63 | -376.55 | -642.29 |
| Tangible Book Value | 82.89 | 206.68 | 281.88 | 397.31 |
| Tangible Book Value per Share | 0.47 | 1.24 | 1.93 | 2.80 |
| Total Operating Leases | 38.10 | 43.11 | 48.08 | 42.09 |
| Operating Lease Payments Due in Year 1 | 6.83 | 6.83 | 6.61 | 6.19 |
| Operating Lease Payments Due in Year 2 | 7.56 | 7.32 | 7.33 | 6.76 |
| Operating Lease Payments Due in Year 3 | 7.54 | 7.55 | 7.49 | 6.85 |
| Operating Lease Payments Due in Year 4 | 7.49 | 7.53 | 7.57 | 7.00 |
| Operating Lease Payments Due in Year 5 | 7.60 | 7.48 | 7.54 | 7.06 |
| Operating Lease Payments Due in 2-3 Years | 15.10 | 14.87 | 14.82 | 13.61 |
| Operating Lease Payments Due in 4-5 Years | 15.09 | 15.01 | 15.11 | 14.05 |
| Standardized Operating Lease Payments Due in Year 6 and Beyond | 1.09 | 6.39 | 11.55 | 8.24 |
| Number of Patents | 0.00 | 0.00 | 0.00 | 0.00 |
| Number of Products in Phase I | 0.00 | 0.00 | 0.00 | 0.00 |
| Number of Products in Phase II | 2.00 | 3.00 | 3.00 | 3.00 |
| Number of Products in Phase III | 0.00 | 3.00 | 2.00 | 1.00 |
In millions of USD (except for per share items)
Source: LSEG