$ACET
Adicet Bio, Inc.

2023 Q4 Form 10-Q Financial Statement

#000095017023061128 Filed on November 08, 2023

View on sec.gov

Income Statement

Concept 2023 Q4 2023 Q3
Revenue $0.00 $0.00
YoY Change
Cost Of Revenue
YoY Change
Gross Profit
YoY Change
Gross Profit Margin
Selling, General & Admin $6.807M $6.630M
YoY Change 3.92% 3.35%
% of Gross Profit
Research & Development $24.76M $26.17M
YoY Change -1.02% 57.92%
% of Gross Profit
Depreciation & Amortization $1.689M $1.650M
YoY Change 59.49% 117.39%
% of Gross Profit
Operating Expenses $31.57M $52.26M
YoY Change 0.0% 127.37%
Operating Profit -$52.26M
YoY Change 127.37%
Interest Expense $2.178M $1.000K
YoY Change 1.16% -94.44%
% of Operating Profit
Other Income/Expense, Net -$101.0K -$142.0K
YoY Change -78.19% -34.56%
Pretax Income -$29.49M -$49.89M
YoY Change -1.29% 126.79%
Income Tax $0.00 $0.00
% Of Pretax Income
Net Earnings -$29.49M -$49.89M
YoY Change -1.29% 126.79%
Net Earnings / Revenue
Basic Earnings Per Share -$1.16
Diluted Earnings Per Share -$0.68 -$1.16
COMMON SHARES
Basic Shares Outstanding 43.16M 43.07M
Diluted Shares Outstanding 42.98M

Balance Sheet

Concept 2023 Q4 2023 Q3
SHORT-TERM ASSETS
Cash & Short-Term Investments $159.7M $183.3M
YoY Change -38.01% -35.16%
Cash & Equivalents $159.7M $183.3M
Short-Term Investments
Other Short-Term Assets $2.561M $378.0K
YoY Change 573.95% -0.53%
Inventory
Prepaid Expenses $373.0K $555.0K
Receivables
Other Receivables
Total Short-Term Assets $162.3M $185.9M
YoY Change -37.84% -34.95%
LONG-TERM ASSETS
Property, Plant & Equipment $44.20M $28.27M
YoY Change 53.96% 5.37%
Goodwill $0.00 $0.00
YoY Change -100.0% -100.0%
Intangibles
YoY Change
Long-Term Investments
YoY Change
Other Assets $822.0K $916.0K
YoY Change -32.12% -28.49%
Total Long-Term Assets $45.02M $47.37M
YoY Change -35.36% -30.91%
TOTAL ASSETS
Total Short-Term Assets $162.3M $185.9M
Total Long-Term Assets $45.02M $47.37M
Total Assets $207.3M $233.3M
YoY Change -37.31% -34.16%
SHORT-TERM LIABILITIES
YoY Change
Accounts Payable $2.625M $4.066M
YoY Change -40.4% -11.03%
Accrued Expenses $16.66M $15.70M
YoY Change 8.88% 24.1%
Deferred Revenue
YoY Change
Short-Term Debt $0.00 $0.00
YoY Change
Long-Term Debt Due
YoY Change
Total Short-Term Liabilities $19.29M $19.77M
YoY Change -2.13% 14.79%
LONG-TERM LIABILITIES
Long-Term Debt $0.00 $0.00
YoY Change
Other Long-Term Liabilities $17.83M $143.0K
YoY Change 15542.98% 23.28%
Total Long-Term Liabilities $17.83M $143.0K
YoY Change 15542.98% 23.28%
TOTAL LIABILITIES
Total Short-Term Liabilities $19.29M $19.77M
Total Long-Term Liabilities $17.83M $143.0K
Total Liabilities $37.12M $38.58M
YoY Change -3.21% 5.28%
SHAREHOLDERS EQUITY
Retained Earnings -$380.8M -$351.3M
YoY Change 59.91% 68.69%
Common Stock $550.9M $546.0M
YoY Change 3.86% 3.81%
Preferred Stock
YoY Change
Treasury Stock (at cost)
YoY Change
Treasury Stock Shares
Shareholders Equity $170.2M $194.7M
YoY Change
Total Liabilities & Shareholders Equity $207.3M $233.3M
YoY Change -37.31% -34.16%

Cashflow Statement

Concept 2023 Q4 2023 Q3
OPERATING ACTIVITIES
Net Income -$29.49M -$49.89M
YoY Change -1.29% 126.79%
Depreciation, Depletion And Amortization $1.689M $1.650M
YoY Change 59.49% 117.39%
Cash From Operating Activities -$23.49M -$21.24M
YoY Change 24.68% 38.57%
INVESTING ACTIVITIES
Capital Expenditures $136.0K $910.0K
YoY Change -97.9% -118.91%
Acquisitions
YoY Change
Other Investing Activities
YoY Change
Cash From Investing Activities -$136.0K -$910.0K
YoY Change -97.9% -81.09%
FINANCING ACTIVITIES
Cash Dividend Paid
YoY Change
Common Stock Issuance & Retirement, Net
YoY Change
Debt Paid & Issued, Net
YoY Change
Cash From Financing Activities 76.00K -60.00K
YoY Change -75.0% -100.14%
NET CHANGE
Cash From Operating Activities -23.49M -21.24M
Cash From Investing Activities -136.0K -910.0K
Cash From Financing Activities 76.00K -60.00K
Net Change In Cash -23.55M -22.21M
YoY Change -5.9% -200.79%
FREE CASH FLOW
Cash From Operating Activities -$23.49M -$21.24M
Capital Expenditures $136.0K $910.0K
Free Cash Flow -$23.62M -$22.15M
YoY Change -6.73% 110.61%

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