Accelerate Diagnostics, Inc financial data

Symbol
AXDX on Nasdaq
Industry
Laboratory Analytical Instruments
Location
3950 S. Country Club Road #470, Building 3 307, Tucson, Arizona
State of incorporation
Delaware
Fiscal year end
December 31
Former names
ACCELR8 TECHNOLOGY CORP (to 12/26/2012)
Latest financial report
10-Q - Q2 2024 - Aug 8, 2024

Key Ratios

Label TTM Value / Value Unit Change %
Current Ratio 124 % +51.9%
Quick Ratio 16.8 % +104%
Debt-to-equity -208 % +35.2%
Return On Equity 131 % -55.1%
Return On Assets -122 % +7.88%
Operating Margin -361 % +26.9%

Shares

Label TTM Value / Value Unit Change %
Entity Common Stock, Shares Outstanding 23.7M shares +64.8%
Common Stock, Shares, Outstanding 23.7M shares +64.9%
Entity Public Float 60.9M USD +14.9%
Common Stock, Value, Issued 24K USD
Weighted Average Number of Shares Outstanding, Basic 23.1M shares +109%
Weighted Average Number of Shares Outstanding, Diluted 23.1M shares +109%

Income Statement

Label TTM Value / Value Unit Change %
Revenue from Contract with Customer, Excluding Assessed Tax 12.2M USD +4.86%
Research and Development Expense 21.6M USD -17.1%
Costs and Expenses 46.3M USD -23.9%
Operating Income (Loss) -44.1M USD +23.3%
Nonoperating Income (Expense) 6.93M USD +85.1%
Income (Loss) from Continuing Operations before Income Taxes, Noncontrolling Interest -37.2M USD +53.5%
Income Tax Expense (Benefit) 694K USD +778%
Net Income (Loss) Attributable to Parent -37.9M USD +52.6%
Earnings Per Share, Basic -1.5 USD/shares +77.4%
Earnings Per Share, Diluted -1.5 USD/shares +77.4%

Balance Sheet

Label TTM Value / Value Unit Change %
Cash and Cash Equivalents, at Carrying Value 8.59M USD -70.7%
Cash, Cash Equivalents, and Short-term Investments 9.7M USD -68.4%
Inventory, Net 3.22M USD -36.9%
Other Assets, Current 1.11M USD -60.4%
Assets, Current 17.2M USD -59.4%
Property, Plant and Equipment, Net 3.1M USD +7.04%
Operating Lease, Right-of-Use Asset 787K USD -48.5%
Other Assets, Noncurrent 882K USD -21.6%
Assets 22.9M USD -54.2%
Accounts Payable, Current 3.76M USD -6.79%
Accrued Liabilities, Current 2.7M USD -16.3%
Contract with Customer, Liability, Current 791K USD +65.5%
Liabilities, Current 13.4M USD -75%
Contract with Customer, Liability, Noncurrent 1.13M USD
Operating Lease, Liability, Noncurrent 83K USD -92.2%
Other Liabilities, Noncurrent 2.01M USD +82.8%
Liabilities 57.8M USD -34.8%
Accumulated Other Comprehensive Income (Loss), Net of Tax -449K USD +31.2%
Retained Earnings (Accumulated Deficit) -695M USD -5.77%
Stockholders' Equity Attributable to Parent -34.9M USD +9.77%
Liabilities and Equity 22.9M USD -54.2%

Popular Metrics

Label TTM Value / Value Unit Change %
Net Cash Provided by (Used in) Operating Activities -8.45M USD +36.8%
Net Cash Provided by (Used in) Financing Activities 11.4M USD
Net Cash Provided by (Used in) Investing Activities -513K USD -106%
Common Stock, Shares Authorized 450M shares 0%
Common Stock, Shares, Issued 23.7M shares +64.9%
Common Stock, Par or Stated Value Per Share 0 USD/shares 0%
Cash, Cash Equivalents, Restricted Cash and Restricted Cash Equivalents, Period Increase (Decrease), Including Exchange Rate Effect 2.47M USD
Cash, Cash Equivalents, Restricted Cash and Restricted Cash Equivalents 8.59M USD -70.7%
Interest Paid, Excluding Capitalized Interest, Operating Activities 10K USD
Deferred Tax Assets, Valuation Allowance 140M USD +1.01%
Deferred Tax Assets, Gross 148M USD +6.52%
Operating Lease, Liability 1.04M USD -48%
Depreciation 858K USD +6.98%
Comprehensive Income (Loss), Net of Tax, Attributable to Parent -37.7M USD +53%
Lessee, Operating Lease, Liability, to be Paid 1.08M USD -49.6%
Property, Plant and Equipment, Gross 14.7M USD
Operating Lease, Liability, Current 957K USD +2.24%
Lessee, Operating Lease, Liability, to be Paid, Year Two 0 USD -100%
Lessee, Operating Lease, Liability, to be Paid, Year One 583K USD -44.5%
Operating Lease, Weighted Average Discount Rate, Percent 0.07 pure 0%
Lessee, Operating Lease, Liability, Undiscounted Excess Amount 43K USD -71.1%
Lessee, Operating Lease, Liability, to be Paid, Year Three 0 USD
Deferred Tax Assets, Operating Loss Carryforwards 103M USD +9.24%
Preferred Stock, Shares Issued 0 shares
Preferred Stock, Shares Authorized 5M shares 0%
Unrecognized Tax Benefits 8.84M USD
Lessee, Operating Lease, Liability, to be Paid, Year Four 0 USD
Operating Lease, Payments 961K USD +7.49%
Preferred Stock, Shares Outstanding 0 shares
Depreciation, Depletion and Amortization 1.27M USD -15.5%
Deferred Tax Assets, Net of Valuation Allowance 8.32M USD +1212%
Share-based Payment Arrangement, Expense 5.44M USD -7.5%
Interest Expense 8.91M USD -45.1%
Preferred Stock, Par or Stated Value Per Share 0 USD/shares 0%