Exact sciences corporation (EXAS)
Balance Sheet / Yearly
Mar'20Dec'19Sep'19Jun'19Mar'19Dec'18Sep'18Jun'18Mar'18Dec'17Sep'17Jun'17Mar'17Dec'16Sep'16Jun'16Mar'16Dec'15Sep'15Jun'15Mar'15Dec'14Sep'14Jun'14Mar'14Dec'13Sep'13Jun'13Mar'13Dec'12Sep'12Jun'12Mar'12Dec'11Sep'11Jun'11Dec'10
ASSETS
Current Assets:
Cash and cash equivalents

701,054

177,254

1,034,334

205,058

285,200

160,430

161,705

225,662

148,695

77,491

50,837

180,407

39,206

48,921

63,445

49,010

52,151

41,135

31,522

33,765

40,679

58,131

27,829

20,708

17,806

12,851

9,710

21,518

8,053

13,345

12,660

6,026

12,292

35,781

4,995

38,264

78,752

Marketable securities

530,062

146,401

126,211

1,034,364

997,506

963,752

1,023,512

996,500

893,474

347,224

411,684

303,853

235,464

262,179

274,385

175,067

210,441

265,744

311,987

177,053

204,472

224,625

183,315

214,089

98,204

120,408

138,131

136,211

87,429

94,776

105,912

64,839

71,244

57,580

70,436

45,204

16,663

Accounts receivable, net

140,046

130,667

82,200

63,903

56,095

45,329

41,916

36,268

34,575

26,419

24,553

22,591

16,214

8,526

7,863

7,441

5,621

4,933

4,209

2,151

1,581

1,376

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

Inventory

69,424

61,724

53,673

47,781

44,269

39,148

38,617

35,409

32,380

26,027

18,064

12,410

7,859

6,833

7,666

8,404

8,157

6,677

6,032

6,275

5,423

4,017

2,719

-

-

-

-

-

-

-

-

-

-

-

-

-

-

Prepaid expenses and other current assets

43,732

40,913

23,560

23,690

24,050

19,408

23,832

16,465

12,867

10,055

8,551

6,872

7,443

7,114

5,673

7,295

7,722

7,375

5,602

4,019

3,892

3,528

2,377

3,987

2,842

2,199

904

1,087

1,067

593

1,252

2,347

1,918

1,034

867

611

246

Total current assets

1,484,318

556,959

1,319,978

1,374,796

1,407,120

1,228,067

1,289,582

1,310,304

1,121,991

487,216

513,689

526,133

306,186

333,573

359,032

247,217

284,092

325,864

359,352

223,263

256,047

291,677

216,240

238,784

118,852

135,458

148,745

158,816

96,549

108,714

119,824

73,212

85,454

94,395

76,298

84,079

95,661

Long-term Assets:
Laboratory equipment

-

-

-

-

-

-

-

-

-

-

20,352

18,258

15,837

14,749

14,249

13,758

13,496

12,786

11,929

11,279

10,932

10,381

10,439

8,127

7,508

5,087

4,546

5,042

4,324

4,051

3,955

2,943

2,459

2,314

2,189

1,456

943

Office and computer equipment

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

1,396

855

-

825

824

779

729

528

382

188

Leasehold and building improvements

-

-

-

-

-

-

-

-

-

-

14,200

13,682

13,653

13,549

13,308

10,923

10,757

7,118

6,454

6,446

5,965

5,937

5,108

5,055

5,050

5,043

339

283

283

283

283

288

288

288

99

89

89

Assets under construction

-

-

-

-

-

-

-

-

-

-

20,868

9,095

7,200

6,711

6,536

6,360

4,735

8,038

7,066

7,664

2,946

1,552

1,048

6,694

4,926

2,592

3,668

-

-

-

-

-

-

-

-

-

-

Buildings

-

-

-

-

-

-

-

-

-

-

4,792

4,792

4,792

4,792

4,792

4,792

4,792

4,777

4,777

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

Furniture and fixtures

-

-

-

-

-

-

-

-

-

-

3,156

2,897

2,581

2,515

2,515

2,037

1,825

1,265

1,038

933

933

939

268

268

268

268

28

28

28

28

28

28

23

23

23

23

20

Property and Equipment, gross

-

-

-

-

-

-

-

-

-

-

90,742

73,526

66,548

63,083

60,453

55,384

51,432

48,009

43,926

37,129

29,594

26,386

23,729

21,404

18,970

14,207

9,436

6,749

5,490

5,186

5,091

4,083

3,549

3,354

2,839

1,950

1,240

Less-Accumulated depreciation

-

-

-

-

-

-

-

-

-

-

35,036

31,478

28,153

24,941

21,980

19,151

16,386

13,913

11,851

9,817

8,027

6,439

5,302

4,383

3,694

3,038

2,685

2,355

2,048

1,781

1,462

1,213

998

796

648

531

386

Property, plant and equipment, net

465,476

455,325

370,532

335,499

291,629

245,259

188,486

140,467

103,448

79,986

55,706

42,048

38,395

38,142

38,473

36,233

35,046

34,096

32,075

27,312

21,567

19,947

18,427

17,021

15,276

11,169

6,751

4,394

3,442

3,405

3,629

2,870

2,551

2,558

2,191

1,419

854

Operating lease right-of-use assets

124,400

126,400

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

Goodwill

1,237,161

1,203,197

-

-

-

17,279

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

Intangible assets, net

1,128,261

1,143,550

-

-

-

29,002

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

Capitalized Computer Software, Gross

-

-

-

-

-

-

-

-

-

-

27,374

24,802

22,485

20,767

19,053

17,514

15,827

14,025

12,662

10,807

8,818

7,577

6,866

1,260

1,218

1,217

855

-

-

824

-

-

-

-

-

-

-

Goodwill and intangibles, net

-

-

44,385

45,046

45,610

-

22,493

23,108

21,558

24,205

-

-

-

1,550

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

Other long-term assets, net

21,540

20,293

24,373

26,602

26,189

4,415

9,015

8,773

9,919

7,153

17,784

14,420

5,680

3,775

5,706

5,079

4,650

4,070

2,562

2,442

1,200

1,200

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

Total assets

4,461,125

3,505,768

1,759,268

1,781,943

1,770,548

1,524,022

1,509,576

1,482,652

1,256,916

598,560

587,179

582,601

350,261

377,040

403,211

288,529

323,788

364,030

393,989

253,017

278,814

312,824

234,667

255,805

134,128

146,627

155,496

163,210

99,991

112,119

123,453

76,082

88,005

96,953

78,489

85,498

96,515

LIABILITIES AND STOCKHOLDERS’ EQUITY
Current Liabilities:
Accounts payable

38,048

25,973

19,158

19,896

17,552

28,141

32,738

10,992

12,274

16,135

8,774

2,237

891

710

2,335

3,135

2,841

3,308

1,503

1,345

2,001

2,647

4,635

357

1,331

873

605

1,084

2,081

3,652

1,030

767

949

765

977

1,086

1,028

Accrued liabilities

166,596

193,329

134,832

151,009

143,129

100,644

68,938

60,046

56,716

49,126

38,390

26,935

27,077

28,106

26,104

23,808

20,477

22,253

20,929

16,306

11,652

13,960

11,128

8,560

6,806

5,694

5,725

4,227

3,345

3,327

4,084

3,729

2,600

3,069

2,266

1,837

1,987

Operating lease liabilities, current portion

8,700

7,900

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

Accrued interest

-

-

1,168

2,870

1,066

-

1,901

4,154

1,407

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

Convertible notes, net, current portion

-

-

315,643

311,598

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

Debt, current portion

24,565

834

601

415

21

8

-

4,588

183

182

180

178

176

174

172

171

169

166

221

345

-

360

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

Other current liabilities

5,709

8,467

9,290

6,675

5,889

7,376

3,158

3,182

2,750

2,681

2,345

1,943

1,793

1,702

1,450

1,281

1,191

996

861

734

-

554

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

Capital lease obligation, current portion

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

269

-

449

361

356

351

347

342

337

333

355

-

-

-

-

-

-

Lease incentive obligation, current portion

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

554

-

540

540

540

540

495

-

-

-

-

-

-

-

-

-

-

Deferred license fees, current portion

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

294

1,330

2,366

3,402

4,143

4,143

4,143

4,143

4,143

4,143

4,143

4,143

Total current liabilities

243,581

236,494

480,692

492,463

167,657

136,169

106,735

82,962

73,330

68,124

49,689

31,293

29,937

30,692

30,061

28,395

24,678

26,723

23,514

18,730

14,476

17,521

16,752

9,818

9,033

7,752

8,502

8,019

9,165

11,455

9,612

8,639

7,692

7,977

7,386

7,066

7,158

Convertible notes, net

1,514,306

803,605

476,527

469,595

770,510

664,749

656,341

647,923

486,688

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

Long-term Liabilities:
Long-term debt, less current portion

0

24,032

24,254

24,429

24,787

24,494

17,080

878

4,237

4,269

4,511

4,552

4,592

4,633

4,673

4,711

4,750

4,789

3,535

3,488

1,000

1,000

1,000

1,000

1,000

1,000

1,000

1,000

1,000

1,000

1,000

1,000

1,000

1,000

1,000

1,000

1,000

Long-term accrued interest

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

112

106

100

95

90

84

79

73

68

63

57

52

47

42

36

31

21

Other long-term liabilities

47,252

34,911

29,511

29,924

6,821

17,669

12,691

6,501

5,643

5,749

5,611

5,684

5,680

5,734

5,308

5,054

4,893

4,601

4,455

4,620

3,541

3,599

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

Operating lease liabilities, less current portion

118,300

118,700

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

Long-term obligations

-

-

-

-

23,833

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

Capital lease obligation, less current portion

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

177

269

360

449

538

625

711

796

-

-

-

-

-

-

Lease incentive obligation, less current portion

-

-

-

-

-

-

-

-

-

-

224

378

532

686

840

981

1,134

1,061

1,199

1,338

1,476

1,614

1,710

1,845

1,980

2,115

376

-

-

-

-

-

-

-

-

-

-

Total liabilities

1,923,472

1,217,707

1,010,984

1,016,411

993,608

843,081

792,847

738,264

569,898

78,142

60,035

41,907

40,741

41,745

40,882

39,141

35,455

37,174

32,703

28,176

20,605

23,840

-

-

-

11,311

-

-

-

-

-

-

-

-

-

-

-

Deferred license fees, less current portion

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

295

1,331

2,367

3,403

4,439

5,475

6,510

8,582

Commitments and contingencies

-

-

-

-

-

-

0

0

0

-

0

0

0

0

0

0

0

0

0

0

0

0

0

0

0

0

0

0

0

0

0

0

0

0

0

0

0

Stockholders’ Equity:
Preferred stock, $0.01 par value Authorized—5,000,000 shares issued and outstanding—no shares at March 31, 2020 and December 31, 2019

0

0

-

-

-

0

0

0

0

-

0

0

0

0

0

0

0

0

0

0

-

0

0

0

0

0

0

0

0

0

0

0

0

0

0

0

0

Common stock, $0.01 par value Authorized—200,000,000 shares issued and outstanding—149,446,864 and 147,625,696 shares at March 31, 2020 and December 31, 2019

1,495

1,477

1,299

1,295

1,292

1,232

1,229

1,226

1,219

1,205

1,196

1,190

1,112

1,102

1,084

983

978

967

964

891

889

887

832

829

713

711

709

707

641

639

638

573

571

566

529

525

522

Additional paid-in capital

3,763,328

3,406,440

1,945,046

1,919,719

1,894,116

1,716,894

1,698,695

1,681,465

1,588,173

1,380,577

1,365,112

1,351,836

1,090,002

1,080,432

1,070,083

919,270

913,455

904,932

898,786

719,635

713,858

709,019

602,642

598,255

457,776

455,239

452,836

450,269

373,520

372,123

370,184

310,703

307,740

304,767

276,033

274,525

272,380

Accumulated other comprehensive loss

-1,717

-100

-360

1,760

354

-1,422

-1,406

-1,878

-2,336

-750

-314

-379

-431

-418

-187

-17

-17

-433

155

-11

70

-115

-6

89

133

125

118

17

71

78

92

53

21

-14

-50

-12

1

Accumulated deficit

-1,225,453

-1,119,756

-1,197,701

-1,157,242

-1,118,822

-1,035,763

-981,789

-936,425

-900,038

-860,614

-838,850

-811,953

-781,163

-745,821

-708,651

-670,848

-626,083

-578,610

-538,619

-495,674

-456,608

-420,807

-388,363

-356,303

-336,866

-320,759

-308,573

-297,413

-285,099

-274,245

-260,257

-247,305

-232,469

-221,824

-211,920

-204,147

-193,149

Total stockholders’ equity

2,537,653

2,288,061

748,284

765,532

776,940

680,941

716,729

744,388

687,018

520,418

527,144

540,694

309,520

335,295

362,329

249,388

288,333

326,856

361,286

224,841

258,209

288,984

215,105

242,870

121,756

135,316

145,090

153,580

89,133

98,595

110,657

64,024

75,863

83,495

64,592

70,891

79,754

Total liabilities and stockholders’ equity

4,461,125

3,505,768

1,759,268

1,781,943

1,770,548

1,524,022

1,509,576

1,482,652

1,256,916

598,560

587,179

582,601

350,261

377,040

403,211

288,529

323,788

364,030

393,989

253,017

278,814

312,824

234,667

255,805

134,128

146,627

155,496

163,210

99,991

112,119

123,453

76,082

88,005

96,953

78,489

85,498

96,515