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PACB - Pacific Biosciences ...

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Pacific Biosciences of California, Inc.

PACB

NASDAQ

Pacific Biosciences of California, Inc. designs, develops, and manufactures sequencing systems to resolve genetically complex problems. The company provides PacBio's Systems, which conduct, monitor, and analyse biochemical sequencing reactions; consumable products, including single molecule real-time (SMRT) cells; and various reagent kits designed for specific workflow, such as template preparation kit to convert DNA into SMRTbell double-stranded DNA library formats, including molecular biology reagents, such as ligase, buffers, and exonucleases. It also offers binding kits, such as modified DNA polymerase used to bind SMRTbell libraries to the polymerase in preparation for sequencing; and sequencing kits comprise reagents required for on-instrument, real-time sequencing, including the phospholinked nucleotides. The company serves research institutions; commercial laboratories; genome centers; public health labs, hospitals and clinical research institutes, contract research organizations, and academic institutions; pharmaceutical companies; and agricultural companies. It markets its products through a direct sales force in North America and Europe, as well as through distribution partners in Asia, Europe, the Middle East, Africa, and Latin America. Pacific Biosciences of California, Inc. has a development and commercialization agreement with Invitae Corporation. The company was formerly known as Nanofluidics, Inc. and changed its name to Pacific Biosciences of California, Inc. in 2005. Pacific Biosciences of California, Inc. was incorporated in 2000 and is headquartered in Menlo Park, California.

1.36 USD

-0.02 (-1.47%)

PACB Financial Statements

Year

2024

2023

2022

2021

CF from Operating Activities

-206.06M

-259.17M

-263.21M

-111.18M

Net Income

-309.85M

-306.74M

-314.25M

-181.22M

Depreciation & Amortization

41.19M

26.53M

17.32M

11.59M

Deferred Income Taxes

-205k

-11.42M

0

-93.65M

Stock Based Compensation

71.04M

72.12M

78.61M

80.73M

Change in Working Capital

0

-58.96M

-53.97M

21M

Accounts Receivable

9.09M

-17.83M

5.46M

-7.17M

Inventory

-8.32M

-13.84M

-33.91M

-12.43M

Accounts Payable

1.41M

206k

1.02M

14.87M

Other Working Capital

0

-27.49M

-26.55M

25.74M

Other Non-Cash Items

-8.22M

19.29M

9.08M

57.75M

CF from Investing Activities

124M

4.6M

116.08M

-678.53M

Investments in Property, Plant & Equipment

-6.19M

-8.84M

-16.93M

-5.93M

Net Acquisitions

0

-102k

179k

-319.79M

Investment Purchases

-498.63M

-756.57M

-442.79M

-988.05M

Sales/Maturities of Investments

628.83M

770.12M

575.8M

635.24M

Other Investing Activites

0

0

-179k

-352.81M

CF from Financing Activities

-42.99M

108.89M

9.62M

1.17B

Debt Repayment

-490k

-1.84M

-1.61M

895.17M

Common Stock Issued

7.7M

189.2M

11.23M

294.85M

Common Stock Repurchased

0

0

0

0

Dividends Paid

0

0

0

0

Other Financing Activites

-42.5M

-78.47M

11.23M

-20.44M

Free Cash Flow

-212.25M

-268.02M

-280.14M

-117.11M

Operating Cash Flow

-206.06M

-259.17M

-263.21M

-111.18M

Capital Expenditures

-6.19M

-8.84M

-16.93M

-5.93M

Cash at Beginning of Period

182.63M

328.31M

465.82M

85.95M

Cash at End of Period

55.37M

179.91M

328.31M

465.82M

Net Change In Cash

-127.26M

-148.4M

-137.51M

379.87M

Retained Earning Schedule

Year

2024

2023

2022

2021

Retained Earnings (Previous Year)

-1.84B

-1.53B

-1.22B

-1.04B

Net Income

-309.85M

-306.74M

-296.93M

-181.22M

Stock Repurchases

0

0

0

0

Dividend Paid

0

0

0

0

Retained Earnings

-2.15B

-1.84B

-1.53B

-1.22B

Other Distributions

-309.85M

-306.74M

-314.25M

-181.22M

PPE Schedule

Year

2024

2023

2022

2021

Gross PPE

46.6M

69.03M

81.34M

79.12M

Annual Depreciation

53.35M

26.53M

17.32M

11.59M

Capital Expenditure

-6.19M

-8.84M

-16.93M

-5.93M

Net PPE

-567k

51.33M

80.95M

73.47M

Intangible and Goodwill Schedule

Year

2024

2023

2022

2021

Acquisitions and Adjustments

-144.5M

52.29M

0

409.97M

Goodwill (Previous Year)

462.26M

409.97M

409.97M

0

Goodwill

317.76M

462.26M

409.97M

409.97M

All figures are in USD.

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