2022 Q3 Form 10-Q Financial Statement

#000162828022021140 Filed on August 04, 2022

View on sec.gov

Income Statement

Concept 2022 Q3 2022 Q2 2021 Q4
Revenue $26.46M $29.38M $27.99M
YoY Change -7.36% 5.4% 8.47%
Cost Of Revenue
YoY Change
Gross Profit
YoY Change
Gross Profit Margin
Selling, General & Admin $16.24M $15.09M $16.08M
YoY Change 11.98% -8.45% -4.66%
% of Gross Profit
Research & Development $65.12M $60.02M $51.80M
YoY Change 4.19% -0.11% -1.07%
% of Gross Profit
Depreciation & Amortization $3.049M $2.884M $2.764M
YoY Change 19.33% 29.91% 62.59%
% of Gross Profit
Operating Expenses $81.35M $75.11M $67.89M
YoY Change 5.66% -1.91% -1.95%
Operating Profit -$54.89M -$45.73M
YoY Change 13.33% -6.09%
Interest Expense $1.769M $2.643M $2.336M
YoY Change 112.11% 70.52% -18.61%
% of Operating Profit
Other Income/Expense, Net
YoY Change
Pretax Income -$53.13M -$43.09M -$37.56M
YoY Change 11.6% -8.61% -7.41%
Income Tax $30.00K $82.00K -$67.00K
% Of Pretax Income
Net Earnings -$53.16M -$43.17M -$37.50M
YoY Change 11.46% -8.47% -7.65%
Net Earnings / Revenue -200.89% -146.96% -133.98%
Basic Earnings Per Share -$0.34 -$0.29
Diluted Earnings Per Share -$0.34 -$0.29 -$257.3K
COMMON SHARES
Basic Shares Outstanding 156.6M shares 148.2M shares 145.7M shares
Diluted Shares Outstanding 158.0M shares 148.2M shares

Balance Sheet

Concept 2022 Q3 2022 Q2 2021 Q4
SHORT-TERM ASSETS
Cash & Short-Term Investments $313.6M $315.7M $376.5M
YoY Change -25.94% -40.39% -41.29%
Cash & Equivalents $94.57M $117.7M $178.9M
Short-Term Investments $219.0M $198.0M $197.7M
Other Short-Term Assets $18.01M $21.11M $15.86M
YoY Change 16.96% 26.22% 32.16%
Inventory
Prepaid Expenses
Receivables $4.522M $6.002M $6.013M
Other Receivables $524.0K $289.0K $349.0K
Total Short-Term Assets $336.6M $343.1M $398.8M
YoY Change -24.76% -38.07% -39.55%
LONG-TERM ASSETS
Property, Plant & Equipment $55.99M $53.50M $51.52M
YoY Change 10.17% 7.89% 24.68%
Goodwill $34.51M $36.70M $39.70M
YoY Change -14.85% -11.56% -7.23%
Intangibles $46.44M $49.53M $53.76M
YoY Change -15.45% -12.02% -7.51%
Long-Term Investments $36.70M $47.97M $88.17M
YoY Change -61.62% -2.52% 74.59%
Other Assets $17.20M $16.11M $15.32M
YoY Change 11.91% 8.12% 13.0%
Total Long-Term Assets $257.3M $274.0M $323.2M
YoY Change -20.83% -2.59% 15.87%
TOTAL ASSETS
Total Short-Term Assets $336.6M $343.1M $398.8M
Total Long-Term Assets $257.3M $274.0M $323.2M
Total Assets $593.9M $617.1M $721.9M
YoY Change -23.11% -26.12% -23.08%
SHORT-TERM LIABILITIES
YoY Change
Accounts Payable $17.38M $13.08M $9.759M
YoY Change 117.74% 29.06% -22.26%
Accrued Expenses $14.05M $14.20M $11.58M
YoY Change -5.2% -8.05% -37.8%
Deferred Revenue $71.89M $78.79M $85.71M
YoY Change -20.52% -16.14% -6.47%
Short-Term Debt $0.00 $0.00 $0.00
YoY Change
Long-Term Debt Due
YoY Change
Total Short-Term Liabilities $122.4M $120.0M $127.9M
YoY Change -7.23% -12.38% -10.91%
LONG-TERM LIABILITIES
Long-Term Debt $0.00 $0.00 $0.00
YoY Change
Other Long-Term Liabilities $1.312M $1.285M $1.217M
YoY Change -82.81% -82.69% -82.64%
Total Long-Term Liabilities $1.312M $1.285M $1.217M
YoY Change -82.81% -82.69% -82.64%
TOTAL LIABILITIES
Total Short-Term Liabilities $122.4M $120.0M $127.9M
Total Long-Term Liabilities $1.312M $1.285M $1.217M
Total Liabilities $284.8M $298.8M $346.6M
YoY Change -22.28% -23.35% -21.44%
SHAREHOLDERS EQUITY
Retained Earnings -$1.097B -$1.043B -$956.3M
YoY Change 19.35% 19.78% 22.92%
Common Stock $1.425B $1.375B $1.336B
YoY Change 7.49% 4.59% 5.1%
Preferred Stock
YoY Change
Treasury Stock (at cost)
YoY Change
Treasury Stock Shares
Shareholders Equity $309.2M $318.3M $375.3M
YoY Change
Total Liabilities & Shareholders Equity $593.9M $617.1M $721.9M
YoY Change -23.11% -26.12% -23.08%

Cashflow Statement

Concept 2022 Q3 2022 Q2 2021 Q4
OPERATING ACTIVITIES
Net Income -$53.16M -$43.17M -$37.50M
YoY Change 11.46% -8.47% -7.65%
Depreciation, Depletion And Amortization $3.049M $2.884M $2.764M
YoY Change 19.33% 29.91% 62.59%
Cash From Operating Activities -$53.62M -$53.98M -$52.71M
YoY Change -9.76% 2.8% 1125.91%
INVESTING ACTIVITIES
Capital Expenditures -$4.413M -$5.445M -$2.858M
YoY Change -15.25% -24.51% -28.55%
Acquisitions
YoY Change
Other Investing Activities -$9.049M $33.87M $55.49M
YoY Change -113.67% -64.93% -143.9%
Cash From Investing Activities -$13.46M $28.43M $52.64M
YoY Change -122.08% -68.16% -140.36%
FINANCING ACTIVITIES
Cash Dividend Paid
YoY Change
Common Stock Issuance & Retirement, Net
YoY Change
Debt Paid & Issued, Net
YoY Change
Cash From Financing Activities 43.82M 22.87M 2.112M
YoY Change 697.85% 127.51% -69.39%
NET CHANGE
Cash From Operating Activities -53.62M -53.98M -52.71M
Cash From Investing Activities -13.46M 28.43M 52.64M
Cash From Financing Activities 43.82M 22.87M 2.112M
Net Change In Cash -23.26M -2.682M 2.033M
YoY Change -430.05% -105.73% -101.59%
FREE CASH FLOW
Cash From Operating Activities -$53.62M -$53.98M -$52.71M
Capital Expenditures -$4.413M -$5.445M -$2.858M
Free Cash Flow -$49.21M -$48.54M -$49.86M
YoY Change -9.24% 7.14% 16518.67%

Facts In Submission

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<div style="margin-top:9pt;text-indent:27pt"><span style="color:#000000;font-family:'Times New Roman',sans-serif;font-size:10pt;font-style:italic;font-weight:700;line-height:120%">Use of Estimates</span></div><div style="margin-top:6pt;text-indent:36pt"><span style="color:#000000;font-family:'Times New Roman',sans-serif;font-size:10pt;font-weight:400;line-height:120%">The preparation of Condensed Consolidated Financial Statements in conformity with U.S. GAAP requires management to make estimates and assumptions that affect the amounts reported in the Condensed Consolidated Financial Statements and the accompanying notes. On an ongoing basis, management evaluates its estimates including critical accounting policies or estimates related to revenue recognition, clinical trial accruals, income taxes, fair value of assets and liabilities, including from acquisitions, and stock-based compensation. Estimates are based on historical experience and on various other market specific and other relevant assumptions that the Company believes to be reasonable under the circumstances, the results of which form the basis for </span></div>making judgments about the carrying values of assets and liabilities that are not readily apparent from other sources. Actual results could differ from those estimates.
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CY2021Q4 sgmo Cash Equivalents And Available For Sale Securities
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sgmo-20220630_cal.xml Edgar Link unprocessable
sgmo-20220630_def.xml Edgar Link unprocessable
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sgmo-20220630_lab.xml Edgar Link unprocessable
sgmo-20220630_pre.xml Edgar Link unprocessable
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