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IsoPlexis Corp

isoplexis.com

No Longer Reporting

The company has not filed an annual or quarterly report since its FY2022 10-K, filed Mar 2, 2023. Its latest SEC filing is a SC 13D/A from Jun 15, 2023.

The sections below describe the company as of the FY2022 annual report.

What Did They Do?

Sells instruments, chip consumables and software that analyze proteins in individual cells and bulk samples for biopharmaceutical companies and academic and research institutions.

How Did They Make Money?

Customers buy instruments and consumables, with payment typically due within 30 days of shipment. They pay for immune-response analysis when the data is made available, while extended service warranties are paid over their contract term.

FY2022 revenue

Who Were Their Customers?

Biopharmaceutical companies and academic and research institutions buy the company’s products and services. It sells directly in North America and specific European regions, and through distributors across Europe, North America, the Middle East and Asia-Pacific.

Did Revenues Turn Into Profits?

No. It lost $106M in FY2022.

Operating income, FY2022
−604% of revenue
▲ +33% (Loss) vs FY2021 (−$76.3M, −442%)
Net income, FY2022
−632% of revenue
▲ +30% (Loss) vs FY2021 (−$81.6M, −473%)
Free cash flow, FY2022
−620% of revenue
▲ +15% (Loss) vs FY2021 (−$90.3M, −523%)

How Were They Changing?

Since the FY2022 annual report
  • Mar 22, 2023 Berkeley Lights completed its acquisition of IsoPlexis IsoPlexis became a wholly owned subsidiary of Berkeley Lights.

Who Did They Compete With?

Competes with Becton, Dickinson and, Thermo Fisher Scientific, and Bio-Rad Laboratories

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