Financial Snapshot

Revenue
$87.64M
TTM
Gross Margin
Net Earnings
$16.97M
TTM
Current Assets
Q2 2024
Current Liabilities
Q2 2024
Current Ratio
437.04%
Q2 2024
Total Assets
Q2 2024
Total Liabilities
Q2 2024
Book Value
$74.71M
Q2 2024
Cash
Q2 2024
P/E
4.092
Sep 18, 2024 EST
Free Cash Flow
-$65.91M
TTM

Revenues

Revenues

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Revenue YoY Change

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Revenues

Concept 2023 2022 2021 2020 2019 2018 2017 2016
Revenue $48.73M $25.10M $115.5M $24.29M $1.070B $10.88M $6.480M $7.020M
YoY Change 94.15% -78.28% 375.62% -97.73% 9731.85% 67.95% -7.69%

Expenses

Cost Of Revenues

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Gross Profit

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Gross Profit Margin

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Gross Profit

Concept 2023 2022 2021 2020 2019 2018 2017 2016
Revenue $48.73M $25.10M $115.5M $24.29M $1.070B $10.88M $6.480M $7.020M
Cost Of Revenue
Gross Profit
Gross Profit Margin

Selling, General & Admin Expense

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Research & Development

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Depreciation, Depletion & Amortization

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SGA Expense to Gross Profit Ratio

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R&D To Gross Profit Ratio

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DDA To Gross Profit Ratio

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Operating Expenses Total

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Operating Profits/Loss

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Operational Expenses

Concept 2023 2022 2021 2020 2019 2018 2017 2016
Selling, General & Admin $39.09M $41.53M $39.69M $36.05M $27.03M $13.67M $8.020M $6.170M
YoY Change -5.87% 4.62% 10.11% 33.37% 97.73% 70.45% 29.98%
% of Gross Profit
Research & Development $49.35M $83.94M $107.7M $90.62M $82.42M $45.12M $19.12M $9.100M
YoY Change -41.2% -22.04% 18.81% 9.95% 82.65% 135.99% 110.11%
% of Gross Profit
Depreciation & Amortization $6.817M $7.798M $8.981M $8.780M $5.320M $2.350M $1.440M $640.0K
YoY Change -12.58% -13.17% 2.29% 65.04% 126.38% 63.19% 125.0%
% of Gross Profit
Operating Expenses $92.46M $125.5M $154.9M $134.1M $82.42M $45.12M $28.34M $15.84M
YoY Change -26.3% -19.02% 15.53% 62.72% 82.65% 59.22% 78.91%
Operating Profit -$43.74M -$100.4M -$39.40M -$109.8M
YoY Change -56.42% 154.72% -64.12%

Interest Expenses

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Interest Expenses To Operating Income %

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Other Expense/Income

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Interest & Other Expense/Income

Concept 2023 2022 2021 2020 2019 2018 2017 2016
Interest Expense $1.670M $1.111M $132.0K $820.0K $182.0K $1.880M $870.0K $570.0K
YoY Change 50.32% 741.67% -83.9% 350.55% -90.32% 116.09% 52.63%
% of Operating Profit
Other Income/Expense, Net $1.209M -$11.27M $8.774M $822.0K -$5.673M $0.00 $0.00
YoY Change -110.73% -228.46% 967.4% -114.49%

Income/Loss

Pretax Income

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Income Tax

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Net Profits/Loss

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Pretax Income YoY Change

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Income Tax Rate

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Net Profits/Loss YoY Change

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Basic EPS

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Net Income To Revenue Ratio

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Pretax & Net Income

Concept 2023 2022 2021 2020 2019 2018 2017 2016
Pretax Income -$42.53M -$111.6M -$30.60M -$109.0M -$92.88M -$46.04M -$21.10M -$8.260M
YoY Change -61.91% 264.8% -71.93% 17.37% 101.74% 118.2% 155.45%
Income Tax $23.00K $0.00 -$10.00K
% Of Pretax Income
Net Earnings -$61.32M -$111.6M -$30.60M -$109.0M -$92.88M -$46.04M -$21.10M -$8.250M
YoY Change -45.07% 264.8% -71.93% 17.37% 101.74% 118.18% 155.76%
Net Earnings / Revenue -125.84% -444.8% -26.49% -448.77% -8.68% -423.02% -325.62% -117.52%
Basic Earnings Per Share -$15.96 -$1.27 -$0.52
Diluted Earnings Per Share -$15.96 -$1.27 -$521.4K -$2.095M -$2.212M -$939.0K -$430.3K -$168.3K

Assets & Liabilities

Cash & Short-Term Investments

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Cash & Equivalents

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Cash To Operating Expenses Ratio

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Inventory

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Receivables

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Total Short-Term Assets

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Property, Plant And Equipment

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Long-Term Investments

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Total Long-Term Assets

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Total Assets

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Net Income To Total Assets Percentage

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Accounts Payable

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Short-Term Debt

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Long Term Debt Due

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Total Short-Term Liabilities

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Long-Term Debt

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Other Long-Term Liabilities

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Total Long-Term Liabilities

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Total Liabilities

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Short-Term To Long-Term Debt Ratio

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Short-Term Assets To Debt Ratio

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Long-Term Debt To Net Income Ratio

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Assets & Liabilities

Concept 2023 2022 2021 2020 2019 2018 2017 2016
Cash & Short-Term Investments $116.7M $189.6M $143.7M $89.80M $180.9M $103.2M $62.80M $93.40M
YoY Change -38.45% 31.96% 59.98% -50.36% 75.29% 64.33% -32.76%
Cash & Equivalents $116.7M $189.6M $143.7M $89.80M $180.9M $103.2M $62.80M $93.40M
Short-Term Investments
Other Short-Term Assets $6.883M $8.809M $17.60M $5.800M $11.80M $11.40M $1.500M $600.0K
YoY Change -21.86% -49.96% 203.5% -50.85% 3.51% 660.0% 150.0%
Inventory
Prepaid Expenses
Receivables $901.0K $720.0K $488.0K $10.00M $1.000M $500.0K
Other Receivables $11.90M $0.00 $0.00 $0.00 $0.00 $500.0K
Total Short-Term Assets $136.4M $199.1M $161.8M $105.6M $193.7M $115.7M $64.30M $94.40M
YoY Change -31.51% 23.09% 53.18% -45.48% 67.42% 79.94% -31.89%
Property, Plant & Equipment $14.60M $23.16M $29.33M $41.50M $39.60M $21.10M $8.100M $3.500M
YoY Change -36.97% -21.03% -29.32% 4.8% 87.68% 160.49% 131.43%
Goodwill
YoY Change
Intangibles
YoY Change
Long-Term Investments $3.206M $4.748M $6.842M
YoY Change -32.48% -30.61%
Other Assets $225.0K $2.570M $4.641M $1.700M $600.0K $300.0K $100.0K $200.0K
YoY Change -91.25% -44.62% 173.0% 183.33% 100.0% 200.0% -50.0%
Total Long-Term Assets $23.42M $39.06M $49.74M $44.60M $41.50M $22.90M $8.400M $4.000M
YoY Change -40.04% -21.47% 11.53% 7.47% 81.22% 172.62% 110.0%
Total Assets $159.8M $238.2M $211.5M $150.2M $235.2M $138.6M $72.70M $98.40M
YoY Change
Accounts Payable $2.968M $1.225M $1.144M $800.0K $2.000M $2.200M $1.800M $1.300M
YoY Change 142.29% 7.08% 43.0% -60.0% -9.09% 22.22% 38.46%
Accrued Expenses $7.668M $11.50M $12.62M $10.90M $8.400M $3.100M $1.500M $600.0K
YoY Change -33.33% -8.82% 15.73% 29.76% 170.97% 106.67% 150.0%
Deferred Revenue
YoY Change
Short-Term Debt $22.41M $0.00 $0.00 $0.00 $0.00 $0.00 $0.00 $0.00
YoY Change
Long-Term Debt Due
YoY Change
Total Short-Term Liabilities $49.99M $59.66M $35.98M $42.80M $26.90M $14.10M $9.200M $8.300M
YoY Change -16.22% 65.83% -15.93% 59.11% 90.78% 53.26% 10.84%
Long-Term Debt $0.00 $22.22M $2.478M $0.00 $0.00 $0.00 $0.00 $0.00
YoY Change -100.0% 796.81%
Other Long-Term Liabilities $90.93M $95.85M $81.87M $62.90M $70.00M $84.60M $89.80M $94.80M
YoY Change -5.13% 17.07% 30.16% -10.14% -17.26% -5.79% -5.27%
Total Long-Term Liabilities $90.93M $118.1M $84.35M $62.90M $70.00M $84.60M $89.80M $94.80M
YoY Change -22.99% 39.98% 34.1% -10.14% -17.26% -5.79% -5.27%
Total Liabilities $140.9M $177.7M $120.3M $105.7M $96.90M $98.60M $99.10M $103.2M
YoY Change -20.71% 47.71% 13.84% 9.08% -1.72% -0.5% -3.97%

Ownership

Basic Shares Outstanding

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Diluted Shares Outstanding

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Preferred Stock

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Treasury Stock Shares

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Stock Issuance & Repurchase

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Ownership Data

Concept 2023 2022 2021 2020 2019 2018 2017 2016
Basic Shares Outstanding 3.841M 87.90M 58.69M
Diluted Shares Outstanding 3.841M 87.90M 58.69M
Preferred Stock
Treasury Stock Shares

Return On Shareholders' Equity

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Book Value

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Free Cash Flow

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Free Cash Flow YoY

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Dividends

Dividends

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Stock Price

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Market Cap: $69.444 Million

About Precision BioSciences Inc

Precision BioSciences, Inc. is a biotechnology company, which engages in the development of genome editing technologies. The company is headquartered in Durham, North Carolina and currently employs 109 full-time employees. The company went IPO on 2019-03-28. Using ARCUS, the Company's pipeline consists of in vivo gene editing candidates designed to deliver cures for a range of genetic and infectious diseases. The ARCUS platform develops in vivo gene editing therapies for gene edits, including gene elimination, insertion, and excision. ARCUS particularly generates defined outcomes due to predominant repair using homology directed repair (HDR) as opposed to non-homologous end joining (NHEJ). The Company’s in vivo gene editing programs include PBGENE-HBV, PBGENE-PMM, PBGENE-NVS, PBGENE-DMD, PBGENE-LL2, PBGENE-LL3 and iECURE-OTC. PBGENE-HBV program is designed for the potential treatment of chronic hepatitis B virus (HBV). The firm is pursuing development of PBGENE-PMM as a potential opportunity for treatment of m.3243 associated primary mitochondrial myopathy (PMM).

Industry: Biological Products, (No Diagnostic Substances) Peers: Capricor Therapeutics Inc Celcuity Inc PARDES BIOSCIENCES, INC. Icosavax, Inc. IPI Legacy Liquidation Co Jounce Therapeutics, Inc. Matinas BioPharma Holdings Inc Ovid Therapeutics Inc Werewolf Therapeutics Inc