T2 Biosystems (TTOO) Financial Statements
Price: $1.82
Market Cap: $31.81M
Avg Volume: 174.70K
Market Cap: $31.81M
Avg Volume: 174.70K
Country: US
Industry: Medical - Diagnostics & Research
Sector: Healthcare
Industry: Medical - Diagnostics & Research
Sector: Healthcare
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 T2 Biosystems.
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 | $7.19M | $22.30M | $28.06M | $18.13M | $8.34M | $10.50M | $4.67M | $4.08M | $2.81M | $119.00K |
Cost of Revenue | $16.02M | $21.14M | $20.70M | $21.28M | $16.76M | $15.40M | $12.03M | $6.87M | $1.74M | $19.78M |
Gross Profit | $-8.83M | $1.17M | $7.36M | $-3.15M | $-8.43M | $-4.90M | $-7.36M | $-2.79M | $1.07M | $-19.66M |
Gross Profit Ratio | -122.74% | 5.23% | 26.21% | -17.37% | -101.12% | -46.70% | -157.78% | -68.43% | 38.14% | -16523.53% |
Research and Development Expenses | $13.49M | $25.93M | $21.80M | $16.92M | $16.33M | $14.49M | $23.73M | $24.01M | $25.36M | $19.78M |
General and Administrative Expenses | $- | $30.64M | $- | $- | $- | $25.70M | $22.76M | $24.08M | $19.09M | $11.02M |
Selling and Marketing Expenses | $- | $100.00K | $- | $- | $- | $- | $- | $- | $- | $- |
Selling General and Administrative Expenses | $24.83M | $30.74M | $28.53M | $21.29M | $27.30M | $25.70M | $22.76M | $24.08M | $19.09M | $11.02M |
Other Expenses | $-495.00K | $31.00K | $206.00K | $62.00K | $400.00K | $619.00K | $331.00K | $172.00K | $60.00K | $12.00K |
Operating Expenses | $38.32M | $56.68M | $50.33M | $38.21M | $43.63M | $40.19M | $46.49M | $48.09M | $44.46M | $30.80M |
Cost and Expenses | $54.35M | $77.81M | $71.03M | $59.49M | $60.39M | $55.59M | $58.52M | $54.96M | $46.20M | $30.80M |
Interest Income | $- | $8.00K | $112.00K | $14.00K | $1.00K | $- | $- | $- | $- | $- |
Interest Expense | $5.34M | $6.08M | $6.59M | $5.50M | $7.35M | $6.68M | $8.91M | $4.10M | $1.97M | $721.00K |
Depreciation and Amortization | $859.00K | $2.27M | $2.54M | $3.16M | $3.64M | $2.45M | $2.94M | $2.28M | $1.47M | $691.00K |
EBITDA | $-46.29M | $-55.47M | $-42.66M | $-41.29M | $-51.66M | $-44.47M | $-50.58M | $-50.71M | $-43.32M | $-30.67M |
EBITDA Ratio | -643.60% | -248.69% | -152.02% | -227.77% | -619.77% | -423.53% | -1084.03% | -1242.79% | -1540.10% | -25772.27% |
Operating Income | $-47.15M | $-55.51M | $-42.97M | $-41.36M | $-52.06M | $-45.09M | $-53.85M | $-50.88M | $-43.38M | $-30.68M |
Operating Income Ratio | -655.54% | -248.87% | -153.16% | -228.11% | -624.57% | -429.43% | -1154.14% | -1247.01% | -1542.23% | -25782.35% |
Total Other Income Expenses Net | $-2.92M | $-6.81M | $-6.27M | $-5.44M | $-6.95M | $619.00K | $331.00K | $172.00K | $60.00K | $12.00K |
Income Before Tax | $-50.08M | $-62.32M | $-49.24M | $-46.80M | $-59.01M | $-51.15M | $-62.43M | $-54.80M | $-45.29M | $-31.39M |
Income Before Tax Ratio | -696.19% | -279.39% | -175.50% | -258.12% | -707.93% | -487.17% | -1337.93% | -1343.24% | -1610.02% | -26378.15% |
Income Tax Expense | $691.11K | $1.05M | $4.25M | $2.41M | $4.11M | $619.00K | $9.24M | $1.99M | $562.00K | $42.00K |
Net Income | $-50.08M | $-63.37M | $-53.49M | $-49.21M | $-63.11M | $-51.15M | $-62.43M | $-54.80M | $-45.29M | $-31.39M |
Net Income Ratio | -696.19% | -284.11% | -190.66% | -271.42% | -757.19% | -487.17% | -1337.93% | -1343.24% | -1610.02% | -26378.15% |
EPS | $-19.19 | $-1242.48 | $-1683.72 | $-2027.86 | $-6934.20 | $-126.12 | $-194.29 | $-210.66 | $-220.91 | $-361.85 |
EPS Diluted | $-19.19 | $-1242.48 | $-1683.72 | $-2027.86 | $-6934.20 | $-126.12 | $-194.29 | $-210.66 | $-220.91 | $-361.85 |
Weighted Average Shares Outstanding | 2.61M | 51.00K | 31.77K | 24.27K | 9.10K | 405.59K | 321.31K | 260.16K | 205.02K | 86.75K |
Weighted Average Shares Outstanding Diluted | 2.61M | 51.00K | 31.77K | 24.27K | 9.10K | 405.59K | 321.31K | 260.16K | 205.02K | 86.75K |
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 | $15.69M | $10.33M | $22.25M | $16.79M | $11.03M | $50.80M | $41.80M | $73.49M | $73.66M | $73.85M |
Short Term Investments | $- | $- | $10.00M | $25.40M | $- | $- | $- | $- | $- | $- |
Cash and Short Term Investments | $15.69M | $10.33M | $32.24M | $42.19M | $11.03M | $50.80M | $41.80M | $73.49M | $73.66M | $73.85M |
Net Receivables | $1.42M | $2.16M | $5.13M | $5.10M | $2.83M | $1.79M | $467.00K | $327.00K | $369.00K | $201.00K |
Inventory | $4.82M | $4.35M | $3.91M | $3.64M | $3.60M | $2.68M | $1.34M | $803.00K | $683.00K | $115.00K |
Other Current Assets | $3.16M | $2.58M | $3.11M | $2.66M | $1.44M | $1.34M | $708.00K | $820.00K | $860.00K | $1.16M |
Total Current Assets | $25.09M | $19.42M | $44.39M | $53.58M | $18.89M | $56.61M | $44.32M | $75.44M | $75.57M | $75.32M |
Property Plant Equipment Net | $9.05M | $13.27M | $14.44M | $14.80M | $9.21M | $7.32M | $10.02M | $13.59M | $10.65M | $2.76M |
Goodwill | $- | $- | $- | $- | $- | $- | $- | $- | $- | $- |
Intangible Assets | $- | $- | $- | $- | $- | $- | $- | $- | $- | $- |
Goodwill and Intangible Assets | $- | $- | $- | $- | $- | $- | $- | $- | $- | $- |
Long Term Investments | $651.00K | $1.65M | $1.55M | $10.00M | $- | $- | $260.00K | $260.00K | $260.00K | $- |
Tax Assets | $- | $- | $- | $- | $- | $- | $- | $- | $- | $313.00K |
Other Non-Current Assets | $4.00K | $43.00K | $153.00K | $687.00K | $386.00K | $386.00K | $268.00K | $281.00K | $459.00K | $427.00K |
Total Non-Current Assets | $9.71M | $14.97M | $16.14M | $25.49M | $9.59M | $7.70M | $10.54M | $14.13M | $11.37M | $3.50M |
Other Assets | $-0.00B | $- | $- | $- | $- | $- | $- | $- | $- | $- |
Total Assets | $34.80M | $34.39M | $60.54M | $79.08M | $28.49M | $64.31M | $54.86M | $89.57M | $86.95M | $78.82M |
Account Payables | $1.53M | $1.30M | $2.83M | $2.06M | $3.75M | $744.00K | $648.00K | $962.00K | $1.23M | $735.00K |
Short Term Debt | $42.90M | $1.35M | $1.17M | $1.15M | $42.90M | $42.64M | $40.94M | $1.57M | $4.74M | $295.00K |
Tax Payables | $- | $- | $- | $- | $- | $- | $- | $- | $- | $- |
Deferred Revenue | $224.00K | $172.00K | $518.00K | $230.00K | $285.00K | $697.00K | $1.74M | $2.44M | $2.15M | $80.00K |
Other Current Liabilities | $11.50M | $7.69M | $7.16M | $6.36M | $13.63M | $8.21M | $8.46M | $4.91M | $4.16M | $3.75M |
Total Current Liabilities | $56.15M | $10.51M | $11.69M | $9.80M | $60.57M | $52.30M | $51.78M | $9.88M | $12.28M | $4.86M |
Long Term Debt | $6.60M | $57.87M | $57.15M | $55.77M | $1.87M | $492.00K | $1.74M | $40.30M | $27.30M | $20.66M |
Deferred Revenue Non-Current | $83.00K | $52.00K | $28.00K | $424.00K | $46.00K | $133.00K | $- | $- | $- | $-207.00K |
Deferred Tax Liabilities Non-Current | $- | $- | $- | $1.01M | $-46.00K | $-492.00K | $- | $- | $- | $313.00K |
Other Non-Current Liabilities | $--0.00B | $5.94M | $4.58M | $3.35M | $46.00K | $492.00K | $- | $49.00K | $436.00K | $195.00K |
Total Non-Current Liabilities | $6.68M | $63.85M | $61.75M | $60.55M | $1.92M | $625.00K | $1.74M | $40.34M | $27.73M | $20.96M |
Other Liabilities | $-0.00B | $- | $- | $- | $- | $- | $- | $- | $- | $- |
Total Liabilities | $62.83M | $74.36M | $73.44M | $70.35M | $62.49M | $52.92M | $53.52M | $50.23M | $40.01M | $25.82M |
Preferred Stock | $-0.00B | $- | $- | $- | $-0.00B | $- | $- | $- | $- | $79.13M |
Common Stock | $4.00K | $8.00K | $166.00K | $147.00K | $49.00K | $44.00K | $36.00K | $30.00K | $24.00K | $20.00K |
Retained Earnings | $-584.30M | $-534.53M | $-472.22M | $-422.98M | $-376.18M | $-317.17M | $-266.12M | $-203.69M | $-148.88M | $-103.59M |
Accumulated Other Comprehensive Income Loss | $-0.00B | $- | $-4.00K | $9.00K | $-0.00B | $-11.31M | $-9.12M | $-7.07M | $-4.81M | $-3.34M |
Other Total Stockholders Equity | $556.26M | $494.56M | $459.15M | $431.55M | $342.12M | $339.82M | $276.55M | $250.06M | $200.61M | $80.78M |
Total Stockholders Equity | $-28.04M | $-39.97M | $-12.90M | $8.73M | $-34.01M | $11.39M | $1.34M | $39.34M | $46.94M | $53.00M |
Total Equity | $-28.04M | $-39.97M | $-12.90M | $8.73M | $-34.01M | $11.39M | $1.34M | $39.34M | $46.94M | $53.00M |
Total Liabilities and Stockholders Equity | $34.80M | $34.39M | $60.54M | $79.08M | $28.49M | $64.31M | $54.86M | $89.57M | $86.95M | $78.82M |
Minority Interest | $- | $- | $- | $- | $- | $- | $- | $- | $- | $- |
Total Liabilities and Total Equity | $34.80M | $34.39M | $60.54M | $79.08M | $28.49M | $64.31M | $54.86M | $89.57M | $86.95M | $78.82M |
Total Investments | $651.00K | $1.65M | $10.00M | $35.40M | $- | $- | $260.00K | $260.00K | $260.00K | $- |
Total Debt | $49.50M | $59.22M | $57.15M | $55.77M | $44.77M | $43.13M | $42.68M | $41.87M | $32.04M | $20.95M |
Net Debt | $33.81M | $48.89M | $34.90M | $38.98M | $33.74M | $-7.67M | $882.00K | $-31.62M | $-41.62M | $-52.89M |
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 | $-50.08M | $-62.00M | $-49.24M | $-46.80M | $-59.01M | $-51.15M | $-62.43M | $-54.80M | $-45.29M | $-31.39M |
Depreciation and Amortization | $859.00K | $2.27M | $2.54M | $3.16M | $3.64M | $2.45M | $2.94M | $2.28M | $1.47M | $691.00K |
Deferred Income Tax | $-230.00K | $- | $-1.02M | $-258.00K | $280.00K | $613.00K | $4.81M | $112.00K | $- | $1.00K |
Stock Based Compensation | $4.35M | $6.49M | $7.09M | $3.91M | $5.46M | $9.90M | $4.79M | $4.85M | $4.17M | $1.65M |
Change in Working Capital | $-4.04M | $-503.00K | $-2.17M | $-6.54M | $1.86M | $-3.94M | $-424.00K | $808.00K | $1.96M | $744.00K |
Accounts Receivables | $743.00K | $2.97M | $-35.00K | $-2.27M | $-1.04M | $-1.32M | $-140.00K | $42.00K | $-168.00K | $-201.00K |
Inventory | $-744.00K | $-949.00K | $-1.94M | $441.00K | $-914.00K | $-1.09M | $-110.00K | $-120.00K | $-568.00K | $-115.00K |
Accounts Payables | $231.00K | $-1.57M | $761.00K | $-1.65M | $2.96M | $121.00K | $-314.00K | $-61.00K | $177.00K | $-208.00K |
Other Working Capital | $-4.27M | $-959.00K | $-957.00K | $-3.05M | $851.00K | $-1.66M | $140.00K | $947.00K | $2.52M | $1.27M |
Other Non Cash Items | $941.00K | $3.11M | $3.93M | $3.31M | $2.41M | $2.00M | $2.60M | $314.00K | $235.00K | $117.00K |
Net Cash Provided by Operating Activities | $-48.20M | $-50.63M | $-38.87M | $-43.22M | $-45.36M | $-40.14M | $-47.72M | $-46.44M | $-37.47M | $-28.18M |
Investments in Property Plant and Equipment | $-192.00K | $-339.00K | $-460.00K | $-804.00K | $-761.00K | $-593.00K | $-2.48M | $-5.49M | $-7.97M | $-2.08M |
Acquisitions Net | $- | $- | $- | $4.00K | $- | $- | $- | $- | $- | $- |
Purchases of Investments | $- | $- | $- | $-50.71M | $- | $- | $- | $- | $- | $- |
Sales Maturities of Investments | $- | $10.00M | $25.25M | $15.25M | $- | $- | $- | $- | $- | $- |
Other Investing Activities | $- | $10.00M | $25.25M | $-35.46M | $- | $- | $- | $- | $80.00K | $- |
Net Cash Used for Investing Activities | $-192.00K | $9.66M | $24.79M | $-36.26M | $-761.00K | $-593.00K | $-2.48M | $-5.49M | $-7.89M | $-2.08M |
Debt Repayment | $- | $- | $- | $- | $-882.00K | $-1.55M | $-1.19M | $-32.40M | $-309.00K | $-4.04M |
Common Stock Issued | $52.75M | $29.16M | $20.54M | $85.31M | $6.65M | $51.20M | $19.70M | $40.36M | $35.48M | $58.24M |
Common Stock Repurchased | $- | $-330.00K | $- | $- | $- | $- | $- | $- | $- | $- |
Dividends Paid | $- | $- | $- | $- | $- | $- | $- | $- | $- | $- |
Other Financing Activities | $52.69M | $222.00K | $20.54M | $296.00K | $582.00K | $51.20M | $19.70M | $43.80M | $10.00M | $19.71M |
Net Cash Used Provided by Financing Activities | $52.69M | $29.05M | $20.54M | $85.61M | $6.35M | $49.66M | $18.50M | $51.76M | $45.17M | $73.92M |
Effect of Forex Changes on Cash | $1.00M | $- | $- | $- | $- | $- | $- | $- | $- | $- |
Net Change in Cash | $5.36M | $-11.92M | $6.45M | $6.13M | $-39.77M | $8.93M | $-31.69M | $-174.00K | $-187.00K | $43.65M |
Cash at End of Period | $15.69M | $11.88M | $23.80M | $17.34M | $11.21M | $50.98M | $41.80M | $73.49M | $73.66M | $73.85M |
Cash at Beginning of Period | $10.33M | $23.80M | $17.34M | $11.21M | $50.98M | $42.06M | $73.49M | $73.66M | $73.85M | $30.20M |
Operating Cash Flow | $-48.20M | $-50.63M | $-38.87M | $-43.22M | $-45.36M | $-40.14M | $-47.72M | $-46.44M | $-37.47M | $-28.18M |
Capital Expenditure | $-192.00K | $-339.00K | $-460.00K | $-804.00K | $-761.00K | $-593.00K | $-2.48M | $-5.49M | $-7.97M | $-2.08M |
Free Cash Flow | $-48.39M | $-50.97M | $-39.33M | $-44.02M | $-46.12M | $-40.73M | $-50.19M | $-51.93M | $-45.44M | $-30.27M |