Overview of Financial Statements
Financial statements are records that provide an overview of a company's financial performance and position. There are three main types of financial statements:
- Income Statement: Shows the company's revenue, expenses, and profit over a specific period.
- Balance Sheet: Provides a snapshot of the company's assets, liabilities, and equity at a specific point in time.
- Cash Flow Statement: Details the cash inflows and outflows from operating, investing, and financing activities over a period.
This page presents both annual and quarterly data for these financial statements. The charts below provide a visual representation of the key metrics from each statement, helping you to quickly understand the financial health of Precipio.
Income Statement
Breakdown | December 31, 2023 | December 31, 2022 | December 31, 2021 | December 31, 2020 | December 31, 2019 | December 31, 2018 | December 31, 2017 | December 31, 2016 | December 31, 2015 | December 31, 2014 |
---|---|---|---|---|---|---|---|---|---|---|
Revenue | $15.20M | $9.41M | $8.85M | $6.09M | $3.13M | $2.86M | $1.72M | $1.56M | $1.65M | $27.08M |
Cost of Revenue | $10.70M | $6.90M | $6.46M | $4.94M | $2.91M | $2.64M | $1.43M | $1.76M | $1.94M | $17.36M |
Gross Profit | $4.50M | $2.51M | $2.39M | $1.15M | $219.00K | $225.00K | $292.00K | $-205.00K | $-287.00K | $9.72M |
Gross Profit Ratio | 29.62% | 26.67% | 27.03% | 18.88% | 7.00% | 7.86% | 16.95% | -13.17% | -17.36% | 35.89% |
Research and Development Expenses | $1.70M | $1.70M | $1.30M | $1.20M | $1.20M | $1.10M | $500.00K | $1.42M | $1.85M | $2.90M |
General and Administrative Expenses | $10.32M | $13.51M | $10.61M | $9.00M | $8.32M | $9.45M | $6.49M | $- | $- | $- |
Selling and Marketing Expenses | $100.00K | $100.00K | $100.00K | $100.00K | $100.00K | $- | $8.30K | $- | $- | $- |
Selling General and Administrative Expenses | $10.42M | $13.61M | $10.71M | $9.10M | $8.42M | $9.45M | $6.49M | $6.19M | $7.05M | $24.15M |
Other Expenses | $65.00K | $15.31M | $12.01M | $10.30M | $9.62M | $-1.33M | $877.00K | $- | $- | $- |
Operating Expenses | $12.12M | $15.31M | $12.01M | $10.30M | $9.62M | $9.45M | $6.49M | $7.61M | $8.91M | $27.04M |
Cost and Expenses | $22.82M | $22.21M | $18.46M | $15.24M | $12.53M | $12.09M | $7.92M | $9.38M | $10.85M | $44.41M |
Interest Income | $- | $12.00K | $20.00K | $470.00K | $2.34M | $- | $- | $- | $- | $- |
Interest Expense | $18.00K | $12.00K | $20.00K | $470.00K | $473.00K | $-1.60M | $2.32M | $-1.04M | $-724.00K | $665.00K |
Depreciation and Amortization | $1.52M | $1.52M | $1.44M | $1.36M | $1.35M | $1.26M | $743.00K | $112.00K | $489.00K | $2.25M |
EBITDA | $-6.10M | $-11.28M | $-8.17M | $-6.66M | $-6.43M | $-3.20M | $6.10M | $-8.14M | $-8.49M | $-21.89M |
EBITDA Ratio | -40.16% | -119.82% | -92.32% | -109.24% | -205.50% | -111.66% | 353.86% | -523.12% | -513.43% | -80.83% |
Operating Income | $-7.62M | $-12.80M | $-9.61M | $-9.15M | $-9.40M | $-13.91M | $-15.51M | $-7.82M | $-9.20M | $-17.32M |
Operating Income Ratio | -50.14% | -135.96% | -108.63% | -150.13% | -300.74% | -485.75% | -900.23% | -502.18% | -556.26% | -63.96% |
Total Other Income Expenses Net | $1.77M | $619.00K | $1.10M | $-1.45M | $-3.91M | $-5.15M | $-12.17M | $588.00K | $-219.00K | $4.57M |
Income Before Tax | $-5.85M | $-12.18M | $-8.52M | $-10.60M | $-13.31M | $-15.97M | $-20.69M | $-8.27M | $-10.14M | $-13.42M |
Income Before Tax Ratio | -38.51% | -129.39% | -96.25% | -173.97% | -425.74% | -557.72% | -1201.04% | -531.09% | -613.31% | -49.54% |
Income Tax Expense | $1.35M | $25.00K | $33.00K | $1.63M | $-70.00K | $-279.00K | $13.87M | $-203.00K | $23.76M | $524.00K |
Net Income | $-5.85M | $-12.20M | $-8.55M | $-12.23M | $-13.24M | $-15.69M | $-20.69M | $-7.62M | $-32.95M | $-13.94M |
Net Income Ratio | -38.51% | -129.65% | -96.62% | -200.76% | -423.50% | -547.97% | -1201.04% | -489.15% | -1993.59% | -51.48% |
EPS | $-4.51 | $-10.73 | $-8.10 | $-14.84 | $-46.51 | $-217.81 | $-1338.20 | $-158453.18 | $-24070.14 | $-837.26 |
EPS Diluted | $-4.51 | $-10.73 | $-8.10 | $-14.84 | $-46.51 | $-217.80 | $-1338.20 | $-158453.18 | $-24070.14 | $-837.26 |
Weighted Average Shares Outstanding | 1.30M | 1.14M | 1.05M | 823.85K | 284.76K | 72.06K | 15.46K | -0.00B | 1.37K | 16.65K |
Weighted Average Shares Outstanding Diluted | 1.30M | 1.14M | 1.05M | 823.85K | 284.76K | 72.06K | 15.46K | -0.00B | 1.37K | 16.65K |
SEC Filing | Source | Source | Source | Source | Source | Source | Source | Source | Source | Source |
Balance Sheet
Breakdown | December 31, 2023 | December 31, 2022 | December 31, 2021 | December 31, 2020 | December 31, 2019 | December 31, 2018 | December 31, 2017 | December 31, 2016 | December 31, 2015 | December 31, 2014 |
---|---|---|---|---|---|---|---|---|---|---|
Cash and Cash Equivalents | $1.50M | $3.44M | $11.67M | $2.66M | $848.00K | $381.00K | $421.00K | $110.00K | $444.00K | $1.61M |
Short Term Investments | $- | $- | $- | $- | $- | $- | $- | $- | $- | $- |
Cash and Short Term Investments | $1.50M | $3.44M | $11.67M | $2.66M | $848.00K | $381.00K | $421.00K | $110.00K | $444.00K | $1.61M |
Net Receivables | $1.30M | $1.04M | $697.00K | $874.00K | $574.00K | $690.00K | $730.00K | $225.00K | $264.00K | $7.63M |
Inventory | $384.00K | $708.00K | $564.00K | $350.00K | $184.00K | $197.00K | $161.00K | $24.00K | $50.00K | $3.00M |
Other Current Assets | $495.00K | $521.00K | $549.00K | $324.00K | $272.00K | $525.00K | $430.00K | $105.00K | $537.00K | $1.19M |
Total Current Assets | $3.68M | $5.71M | $13.48M | $4.20M | $1.88M | $1.79M | $1.74M | $495.00K | $3.28M | $13.43M |
Property Plant Equipment Net | $1.52M | $1.90M | $2.06M | $787.00K | $950.00K | $496.00K | $353.00K | $144.00K | $259.00K | $1.48M |
Goodwill | $- | $- | $- | $- | $- | $- | $4.68M | $- | $- | $6.92M |
Intangible Assets | $12.82M | $13.77M | $14.72M | $15.67M | $16.66M | $19.29M | $20.46M | $562.00K | $1.17M | $7.96M |
Goodwill and Intangible Assets | $12.82M | $13.77M | $14.72M | $15.67M | $16.66M | $19.29M | $25.14M | $562.00K | $1.17M | $14.88M |
Long Term Investments | $- | $- | $- | $- | $- | $- | $- | $- | $-50.00K | $- |
Tax Assets | $- | $- | $- | $- | $- | $- | $- | $- | $50.00K | $- |
Other Non-Current Assets | $76.00K | $129.00K | $179.00K | $55.00K | $25.00K | $25.00K | $22.00K | $58.00K | $105.00K | $210.00K |
Total Non-Current Assets | $14.42M | $15.79M | $16.96M | $16.51M | $17.63M | $19.81M | $25.52M | $764.00K | $1.53M | $16.57M |
Other Assets | $-0.00B | $- | $- | $- | $- | $- | $- | $-0.00B | $- | $- |
Total Assets | $18.10M | $21.50M | $30.44M | $20.71M | $19.51M | $21.61M | $27.26M | $1.26M | $4.82M | $30.01M |
Account Payables | $622.00K | $2.04M | $1.86M | $1.69M | $1.94M | $5.17M | $5.10M | $6.54M | $3.78M | $4.87M |
Short Term Debt | $585.00K | $616.00K | $414.00K | $921.00K | $724.00K | $4.70M | $637.00K | $7.81M | $7.60M | $462.00K |
Tax Payables | $287.00K | $91.00K | $148.00K | $426.00K | $- | $- | $- | $- | $- | $- |
Deferred Revenue | $110.00K | $119.00K | $18.00K | $6.00K | $35.00K | $49.00K | $66.00K | $170.00K | $217.00K | $1.03M |
Other Current Liabilities | $1.82M | $1.58M | $1.92M | $2.04M | $1.64M | $3.85M | $4.23M | $5.30M | $5.39M | $4.75M |
Total Current Liabilities | $3.14M | $4.36M | $4.21M | $4.66M | $4.33M | $13.77M | $10.04M | $19.82M | $16.98M | $11.12M |
Long Term Debt | $106.00K | $776.00K | $1.02M | $570.00K | $634.00K | $408.00K | $2.94M | $4.13M | $374.82K | $7.38M |
Deferred Revenue Non-Current | $- | $- | $- | $- | $- | $1.19M | $841.00K | $- | $-424.82K | $- |
Deferred Tax Liabilities Non-Current | $- | $- | $- | $- | $- | $70.00K | $349.00K | $- | $50.00K | $- |
Other Non-Current Liabilities | $425.00K | $- | $606.00K | $1.32M | $1.34M | $45.00K | $67.00K | $-3.34M | $655.00K | $4.96M |
Total Non-Current Liabilities | $531.00K | $776.00K | $1.62M | $1.90M | $1.97M | $1.72M | $4.20M | $785.00K | $655.00K | $12.34M |
Other Liabilities | $- | $- | $- | $- | $- | $- | $- | $- | $- | $- |
Total Liabilities | $3.67M | $5.14M | $5.83M | $6.55M | $6.31M | $15.48M | $14.23M | $20.61M | $17.64M | $23.45M |
Preferred Stock | $-0.00B | $- | $- | $- | $- | $- | $- | $2.00K | $40.00K | $40.00K |
Common Stock | $14.00K | $228.00K | $227.00K | $176.00K | $79.00K | $345.00K | $102.00K | $264.00K | $139.00K | $81.00K |
Retained Earnings | $-98.15M | $-92.30M | $-80.09M | $-71.56M | $-60.94M | $-47.70M | $-31.54M | $-225.49M | $-213.41M | $-183.59M |
Accumulated Other Comprehensive Income Loss | $-0.00B | $- | $- | $- | $- | $-653.00K | $-555.00K | $-0.00B | $10.00K | $340.00K |
Other Total Stockholders Equity | $112.56M | $108.37M | $104.43M | $85.52M | $74.06M | $54.13M | $45.02M | $205.88M | $200.40M | $189.68M |
Total Stockholders Equity | $14.43M | $16.30M | $24.56M | $14.13M | $13.21M | $6.12M | $13.03M | $-19.35M | $-12.82M | $6.55M |
Total Equity | $14.43M | $16.37M | $24.60M | $14.16M | $13.21M | $6.12M | $13.03M | $-19.35M | $-12.82M | $6.55M |
Total Liabilities and Stockholders Equity | $18.10M | $21.50M | $30.44M | $20.71M | $19.51M | $21.61M | $27.26M | $1.26M | $4.82M | $30.01M |
Minority Interest | $- | $65.00K | $40.00K | $27.00K | $- | $- | $- | $- | $- | $- |
Total Liabilities and Total Equity | $18.10M | $21.50M | $30.44M | $20.71M | $19.51M | $21.61M | $27.26M | $1.26M | $4.82M | $30.01M |
Total Investments | $- | $- | $- | $- | $- | $- | $- | $- | $-50.00K | $- |
Total Debt | $1.12M | $1.39M | $1.43M | $1.49M | $1.36M | $5.11M | $3.58M | $7.81M | $7.60M | $7.38M |
Net Debt | $-386.00K | $-2.05M | $-10.24M | $-1.17M | $510.00K | $4.72M | $3.16M | $7.70M | $7.15M | $5.77M |
Cash Flow Statement
Breakdown | December 31, 2023 | December 31, 2022 | December 31, 2021 | December 31, 2020 | December 31, 2019 | December 31, 2018 | December 31, 2017 | December 31, 2016 | December 31, 2015 | December 31, 2014 |
---|---|---|---|---|---|---|---|---|---|---|
Net Income | $-5.85M | $-12.18M | $-8.52M | $-10.60M | $-13.24M | $-15.69M | $-20.69M | $-8.27M | $-10.14M | $-13.94M |
Depreciation and Amortization | $1.52M | $1.52M | $1.44M | $1.36M | $1.41M | $1.26M | $743.00K | $262.00K | $489.00K | $2.25M |
Deferred Income Tax | $328.00K | $- | $-1.21M | $2.50M | $3.70M | $5.99M | $10.69M | $1.98M | $-4.38M | $631.00K |
Stock Based Compensation | $1.74M | $3.80M | $2.03M | $703.00K | $668.00K | $529.00K | $49.00K | $52.00K | $611.00K | $939.00K |
Change in Working Capital | $606.00K | $-643.00K | $-395.00K | $-1.63M | $-2.49M | $109.00K | $-1.17M | $2.70M | $765.00K | $-5.52M |
Accounts Receivables | $-483.00K | $-745.00K | $327.00K | $-1.64M | $-850.00K | $-541.00K | $-495.00K | $-33.00K | $133.00K | $-8.49M |
Inventory | $324.00K | $-144.00K | $-214.00K | $-166.00K | $13.00K | $-36.00K | $-46.00K | $26.00K | $-113.00K | $715.00K |
Accounts Payables | $-169.00K | $165.00K | $112.00K | $-243.00K | $-1.88M | $309.00K | $500.00K | $3.08M | $-365.00K | $2.03M |
Other Working Capital | $934.00K | $81.00K | $-620.00K | $414.00K | $230.00K | $377.00K | $-1.13M | $-379.00K | $1.11M | $225.00K |
Other Non Cash Items | $-1.89M | $-221.00K | $225.00K | $243.00K | $810.00K | $1.04M | $3.70M | $-274.00K | $275.00K | $1.94M |
Net Cash Provided by Operating Activities | $-3.56M | $-7.72M | $-6.58M | $-7.43M | $-9.14M | $-6.75M | $-6.69M | $-3.55M | $-12.38M | $-13.70M |
Investments in Property Plant and Equipment | $-126.00K | $-277.00K | $-682.00K | $-151.00K | $-55.00K | $-97.00K | $-143.00K | $-19.00K | $-204.00K | $-130.00K |
Acquisitions Net | $- | $- | $- | $55.00K | $- | $- | $101.00K | $- | $- | $3.80M |
Purchases of Investments | $- | $- | $- | $- | $- | $- | $- | $- | $- | $- |
Sales Maturities of Investments | $- | $- | $- | $- | $- | $- | $- | $- | $- | $- |
Other Investing Activities | $- | $- | $- | $55.00K | $- | $- | $- | $1.02M | $1.99M | $-45.00K |
Net Cash Used for Investing Activities | $-126.00K | $-277.00K | $-682.00K | $-96.00K | $-55.00K | $-97.00K | $-42.00K | $1.01M | $1.79M | $3.62M |
Debt Repayment | $-503.00K | $-365.00K | $-170.00K | $-378.00K | $-1.58M | $-480.00K | $-2.36M | $-553.00K | $-909.00K | $-6.39M |
Common Stock Issued | $2.25M | $129.00K | $16.61M | $8.93M | $8.20M | $2.01M | $7.81M | $475.00K | $8.98M | $2.36M |
Common Stock Repurchased | $- | $- | $- | $- | $-1.00K | $- | $- | $- | $- | $- |
Dividends Paid | $- | $- | $- | $- | $- | $- | $- | $- | $- | $- |
Other Financing Activities | $-423.00K | $11.00K | $16.44M | $787.00K | $8.08M | $5.28M | $9.46M | $2.29M | $923.00K | $14.10M |
Net Cash Used Provided by Financing Activities | $1.74M | $-225.00K | $16.27M | $9.34M | $9.66M | $6.81M | $7.10M | $2.21M | $8.99M | $10.07M |
Effect of Forex Changes on Cash | $- | $- | $- | $- | $- | $- | $- | $- | $435.00K | $-10.00K |
Net Change in Cash | $-1.94M | $-8.22M | $9.01M | $1.81M | $467.00K | $-40.00K | $370.00K | $-334.00K | $-1.17M | $-17.00K |
Cash at End of Period | $1.50M | $3.44M | $11.67M | $2.66M | $848.00K | $381.00K | $421.00K | $110.00K | $444.00K | $1.61M |
Cash at Beginning of Period | $3.44M | $11.67M | $2.66M | $848.00K | $381.00K | $421.00K | $51.00K | $444.00K | $1.61M | $1.63M |
Operating Cash Flow | $-3.56M | $-7.72M | $-6.58M | $-7.43M | $-9.14M | $-6.75M | $-6.69M | $-3.55M | $-12.38M | $-13.70M |
Capital Expenditure | $-126.00K | $-277.00K | $-682.00K | $-151.00K | $-55.00K | $-97.00K | $-143.00K | $-19.00K | $-204.00K | $-130.00K |
Free Cash Flow | $-3.69M | $-8.00M | $-7.26M | $-7.58M | $-9.20M | $-6.85M | $-6.83M | $-3.57M | $-12.58M | $-13.83M |