Pacific biosciences of california, inc. (PACB)
Balance Sheet / Quarterly
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

68,862

29,627

33,084

30,358

38,205

18,844

38,063

23,058

25,458

16,507

25,931

36,478

28,982

16,765

22,794

24,778

20,080

33,629

27,208

25,930

30,271

36,449

35,411

28,200

41,261

26,362

64,767

40,833

53,038

46,540

32,558

33,623

56,260

58,865

57,580

54,514

147,650

Investments

73,729

19,472

16,120

36,486

44,667

83,510

77,684

40,433

53,802

46,365

58,034

66,118

27,068

55,213

64,539

77,692

71,451

48,641

31,701

46,744

48,878

64,899

63,901

76,834

77,475

86,166

62,169

66,135

59,267

54,040

86,844

103,485

105,089

118,569

136,116

162,074

136,024

Accounts receivable

7,325

15,266

9,966

12,123

7,279

8,595

6,404

7,446

8,452

13,433

8,897

9,525

10,441

11,421

11,761

10,427

8,009

5,245

4,164

3,950

5,287

3,406

2,370

4,255

3,383

2,746

3,814

4,104

2,009

2,822

532

3,371

1,505

4,557

4,434

5,437

341

Inventory

16,124

13,312

15,067

17,404

19,650

17,878

19,694

23,440

25,930

23,065

18,201

17,266

15,348

15,634

16,473

14,201

12,162

10,955

11,621

11,978

13,457

11,335

11,398

9,440

8,301

10,050

9,819

10,283

10,597

9,592

10,202

10,271

11,821

15,517

20,262

19,552

6,864

Prepaid expenses and other current assets

3,490

3,369

2,704

2,538

2,787

2,832

2,028

2,035

2,057

2,249

2,548

3,545

6,501

9,978

6,900

10,957

7,351

12,071

11,513

1,587

1,629

1,671

1,057

1,169

1,642

1,135

1,194

759

1,570

2,006

2,202

1,893

2,131

2,093

1,891

3,151

2,235

Total current assets

169,530

81,046

76,941

98,909

112,588

131,659

143,873

96,412

115,699

101,619

113,611

132,932

88,340

109,011

122,467

138,055

119,053

110,541

86,207

90,189

99,522

117,760

114,137

119,898

132,062

126,459

141,763

122,114

126,481

115,000

132,338

152,643

176,806

199,601

220,283

244,728

293,114

Property and equipment, net

29,076

30,070

31,618

33,457

33,613

34,073

34,490

36,103

36,704

37,920

39,605

40,289

42,449

14,560

14,003

11,188

9,093

8,548

7,855

6,428

6,743

6,601

7,034

7,861

8,492

9,236

10,544

11,655

12,779

14,329

15,514

16,937

17,592

18,398

17,359

16,180

12,311

Operating lease right-of-use assets, net

32,118

32,827

33,510

34,175

34,811

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

Long-term restricted cash

4,000

4,000

4,000

4,000

4,500

4,500

4,500

4,500

4,500

4,500

4,500

4,500

4,500

4,500

4,500

4,500

4,500

4,500

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

Other long-term assets

40

42

41

41

65

43

43

43

46

45

188

184

219

9,813

9,665

7,628

7,529

7,518

5,715

153

156

29

471

482

486

490

493

508

514

354

356

350

340

317

319

312

322

Total assets

234,764

147,985

146,110

170,582

185,577

170,275

182,906

137,058

156,949

144,084

157,904

177,905

135,508

137,884

150,635

161,371

140,175

131,107

99,777

96,770

106,421

124,390

121,642

128,241

141,040

136,185

152,800

134,277

139,774

129,683

148,208

169,930

194,738

218,316

237,961

261,220

305,747

Liabilities and Stockholders’ Equity
Current liabilities
Accounts payable

4,223

8,368

8,111

8,011

8,740

6,736

5,966

4,169

8,567

9,093

8,574

6,514

8,221

8,359

8,311

5,395

4,734

4,749

6,097

5,818

6,924

5,608

5,845

5,379

3,926

1,717

3,413

2,605

3,011

2,988

2,897

4,061

4,250

4,742

8,158

9,032

9,515

Accrued expenses

17,963

13,242

15,823

14,107

11,158

12,823

9,298

10,935

10,243

12,618

11,232

17,840

17,246

16,604

16,482

16,329

12,201

15,551

11,342

11,316

9,438

11,441

8,726

9,225

-

7,905

-

-

-

-

-

-

-

-

-

-

-

Deferred revenue, current

7,107

7,610

6,379

6,707

6,428

6,537

5,740

6,416

5,993

6,319

6,151

6,782

6,683

7,130

6,436

6,970

6,371

6,815

6,303

6,507

6,254

6,121

5,307

5,274

3,904

4,046

10,359

3,347

2,961

3,378

3,555

4,170

3,920

4,236

3,970

2,381

3,221

Operating lease liabilities, current

3,967

3,837

3,724

3,631

3,521

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

Notes payable, current

-

15,871

15,546

15,233

14,938

-

-

-

-

-

2,907

2,643

3,123

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

Deferred gain from Reverse Termination Fee

98,000

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

Deferred contractual revenue, current

-

-

-

-

-

-

-

-

-

-

-

-

-

-

135

3,697

7,260

10,822

14,385

14,385

14,385

6,785

6,785

6,785

6,785

6,785

-

-

-

-

-

-

-

-

-

-

-

Other liabilities, current

714

225

1,110

1,764

312

788

645

744

145

605

1,428

1,915

167

1,681

742

1,422

1,444

241

627

991

1,410

1,534

2,477

1,304

7,678

2,102

8,506

8,950

7,425

8,204

7,009

6,539

-

10,258

-

-

-

Accrued expenses and other current liabilities

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

11,478

-

8,872

9,925

7,994

Facility financing obligation, current

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

220

-

201

191

182

173

165

156

148

140

132

125

110

Total current liabilities

131,974

49,153

50,693

49,453

45,097

26,884

21,649

22,264

24,948

28,635

30,292

35,694

35,440

33,774

32,106

33,813

32,010

38,178

38,754

39,017

38,411

31,489

29,140

27,967

22,513

22,555

22,479

15,093

13,579

14,743

13,626

14,926

19,796

19,376

21,132

21,463

20,840

Deferred revenue, non-current

1,484

1,951

1,435

1,454

769

890

1,016

1,053

1,094

1,075

1,074

1,296

1,484

1,297

1,020

952

882

1,143

1,250

1,316

1,605

1,129

918

872

918

518

28,875

734

794

800

1,000

1,478

1,443

1,616

-

-

-

Operating lease liabilities, non-current

40,903

41,964

42,968

43,921

44,861

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

Deferred rent, non-current

-

-

-

-

-

13,765

13,949

14,106

14,285

14,453

14,504

14,599

14,148

19

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

Deferred contractual revenue, non-current

-

-

-

-

-

-

-

-

-

-

-

-

-

-

1,212

1,245

1,278

1,312

1,347

4,943

8,539

19,735

21,431

23,127

24,823

26,519

-

-

-

-

-

-

-

-

-

-

-

Other liabilities, non-current

-

-

-

-

-

-

-

-

-

-

-

-

1,741

1,664

1,605

1,532

1,462

1,386

1,323

2,192

2,192

2,153

2,505

2,847

-

3,517

-

-

-

2,145

-

-

-

3,075

-

-

-

Facility financing obligation, non-current

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

2,345

-

2,458

2,513

2,565

2,613

2,659

2,705

2,747

2,786

2,824

2,861

2,927

Deferred rent and other long-term liabilities

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

842

-

1,378

1,638

1,895

-

2,386

2,617

2,849

-

3,321

3,570

2,114

Notes payable, non-current

-

-

-

-

-

14,659

14,384

14,121

13,872

13,635

10,456

10,441

13,302

16,106

15,794

15,496

15,216

14,948

14,808

14,567

14,339

13,991

13,914

13,714

13,525

13,347

13,173

13,007

12,851

-

-

-

-

-

-

-

-

Financing derivative

-

-

-

-

-

16

28

40

12

183

170

15

208

356

218

264

551

600

925

899

863

944

699

699

549

549

894

894

999

-

-

-

-

-

-

-

-

Total liabilities

174,361

93,068

95,096

94,828

90,727

56,214

51,026

51,584

54,211

57,981

56,496

62,045

66,323

53,216

51,955

53,302

51,399

57,567

58,407

62,934

65,949

69,441

68,607

69,226

65,515

67,005

69,257

33,879

32,683

20,301

19,671

21,726

26,835

26,853

27,277

27,894

25,881

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

Stockholders' equity
Preferred stock, $0.001 par value: Authorized 50,000 shares; No shares issued or outstanding

-

-

-

-

-

-

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, $0.001 par value: Authorized 1,000,000 shares; issued and outstanding 153,953 shares and 153,119 shares at March 31, 2020 and December 31, 2019, respectively

154

153

153

153

153

150

149

132

132

116

116

116

94

93

93

91

87

80

76

75

75

74

71

71

70

66

681,614

677,995

664,204

56

642,822

639,751

636,903

632,961

55

54

612,054

Additional paid-in capital

1,125,229

1,120,999

1,116,999

1,112,610

1,107,121

1,096,053

1,083,062

1,011,621

1,006,367

965,752

960,265

952,710

880,505

872,114

867,078

858,946

821,169

786,636

753,048

747,330

742,027

736,339

715,439

712,237

709,636

684,413

-

-

-

645,316

-

-

-

-

629,365

622,542

-

Accumulated other comprehensive income

30

5

11

17

6

-36

-24

-16

-38

-32

-2

-16

-3

5

23

52

41

-7

6

12

16

9

23

42

18

14

11

-2

11

30

66

75

135

57

-4

181

-21

Accumulated deficit

-1,065,010

-1,066,240

-1,066,149

-1,037,026

-1,012,430

-982,106

-951,307

-926,263

-903,723

-879,733

-858,971

-836,950

-811,411

-787,544

-768,514

-751,020

-732,521

-713,169

-711,760

-713,581

-701,646

-681,473

-662,498

-653,335

-634,199

-615,313

-598,082

-577,595

-557,124

-536,020

-514,351

-491,622

-469,135

-441,555

-418,732

-389,451

-332,167

Total stockholders' equity

60,403

54,917

51,014

75,754

94,850

114,061

131,880

85,474

102,738

86,103

101,408

115,860

69,185

84,668

98,680

108,069

88,776

73,540

41,370

33,836

40,472

54,949

53,035

59,015

75,525

69,180

83,543

100,398

107,091

109,382

128,537

148,204

167,903

191,463

210,684

233,326

279,866

Total liabilities and stockholders' equity

234,764

147,985

146,110

170,582

185,577

170,275

182,906

137,058

156,949

144,084

157,904

177,905

135,508

137,884

150,635

161,371

140,175

131,107

99,777

96,770

106,421

124,390

121,642

128,241

141,040

136,185

152,800

134,277

139,774

129,683

148,208

169,930

194,738

218,316

237,961

261,220

305,747