Absci Corp financial data

Symbol
ABSI on Nasdaq
Industry
Services-Commercial Physical & Biological Research
Location
18105 Se Mill Plain Blvd, Vancouver, Washington
Fiscal year end
December 31
Former names
AbSci, LLC (to 12/19/2019)
Latest financial report
10-Q - Q2 2024 - Aug 14, 2024

Key Ratios

Label TTM Value / Value Unit Change %
Current Ratio 556 % -10.4%
Debt-to-equity 18 % +7.28%
Return On Equity -44.2 % -2.6%
Return On Assets -37.5 % -1.54%
Operating Margin -3.02K % -122%

Shares

Label TTM Value / Value Unit Change %
Entity Common Stock, Shares Outstanding 114M shares +22.5%
Common Stock, Shares, Outstanding 113M shares +22.5%
Entity Public Float 92.4M USD -47.6%
Common Stock, Value, Issued 11K USD +22.2%
Weighted Average Number of Shares Outstanding, Basic 113M shares +23%
Weighted Average Number of Shares Outstanding, Diluted 113M shares +23%

Income Statement

Label TTM Value / Value Unit Change %
Revenues 3.25M USD -62%
Research and Development Expense 50.8M USD -1.58%
Operating Income (Loss) -98.3M USD +15.7%
Nonoperating Income (Expense) 6.09M USD +53%
Income (Loss) from Continuing Operations before Income Taxes, Noncontrolling Interest -92.2M USD +18.1%
Income Tax Expense (Benefit) 94K USD -100%
Net Income (Loss) Attributable to Parent -92.3M USD +17.4%
Earnings Per Share, Basic -0.93 USD/shares +23.1%
Earnings Per Share, Diluted -0.93 USD/shares +23.1%

Balance Sheet

Label TTM Value / Value Unit Change %
Cash and Cash Equivalents, at Carrying Value 42.9M USD -29.7%
Assets, Current 165M USD +11.6%
Operating Lease, Right-of-Use Asset 4.48M USD -8.41%
Intangible Assets, Net (Excluding Goodwill) 46.6M USD -6.75%
Goodwill 0 USD -100%
Other Assets, Noncurrent 1.61M USD +4.74%
Assets 256M USD +0.54%
Accounts Payable, Current 1.69M USD -8.48%
Accrued Liabilities, Current 16.9M USD +0.84%
Contract with Customer, Liability, Current 1.97M USD +294%
Liabilities, Current 25.5M USD -0.07%
Contract with Customer, Liability, Noncurrent 0 USD
Deferred Income Tax Liabilities, Net 175K USD -21.5%
Operating Lease, Liability, Noncurrent 5.26M USD -18.2%
Other Liabilities, Noncurrent 15K USD
Liabilities 34M USD -12.2%
Accumulated Other Comprehensive Income (Loss), Net of Tax -114K USD +21.9%
Retained Earnings (Accumulated Deficit) -453M USD -25.6%
Stockholders' Equity Attributable to Parent 221M USD +2.83%
Liabilities and Equity 256M USD +0.54%

Popular Metrics

Label TTM Value / Value Unit Change %
Net Cash Provided by (Used in) Operating Activities -17.9M USD +11.2%
Net Cash Provided by (Used in) Financing Activities 81.2M USD
Net Cash Provided by (Used in) Investing Activities -76.7M USD -181%
Common Stock, Shares Authorized 500M shares 0%
Common Stock, Shares, Issued 113M shares +22.5%
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 -13.4M USD +72.5%
Cash, Cash Equivalents, Restricted Cash and Restricted Cash Equivalents 60.6M USD -22.3%
Deferred Tax Assets, Valuation Allowance 61.3M USD +57.1%
Deferred Tax Assets, Gross 78.5M USD +38.5%
Operating Lease, Liability 7.32M USD -18.7%
Depreciation 10.6M USD +9.28%
Payments to Acquire Property, Plant, and Equipment 0 USD -100%
Comprehensive Income (Loss), Net of Tax, Attributable to Parent -92.2M USD +17.5%
Lessee, Operating Lease, Liability, to be Paid 8.66M USD -21.3%
Operating Lease, Liability, Current 1.61M USD -7.38%
Lessee, Operating Lease, Liability, to be Paid, Year Two 1.87M USD -14.7%
Lessee, Operating Lease, Liability, to be Paid, Year One 2.2M USD -6.42%
Operating Lease, Weighted Average Discount Rate, Percent 0.08 pure 0%
Deferred Income Tax Expense (Benefit) -11K USD +21.4%
Lessee, Operating Lease, Liability, Undiscounted Excess Amount 1.34M USD -33%
Lessee, Operating Lease, Liability, to be Paid, Year Three 1.93M USD +2.99%
Deferred Tax Assets, Operating Loss Carryforwards 44M USD +34.9%
Preferred Stock, Shares Issued 0 shares
Preferred Stock, Shares Authorized 10M shares 0%
Unrecognized Tax Benefits 2.12M USD +52.2%
Lessee, Operating Lease, Liability, to be Paid, Year Four 1.99M USD +3.01%
Operating Lease, Payments 596K USD +5.49%
Preferred Stock, Shares Outstanding 0 shares
Amortization of Intangible Assets 3.4M USD 0%
Depreciation, Depletion and Amortization 13.8M USD -1.39%
Deferred Tax Assets, Net of Valuation Allowance 17.2M USD -2.7%
Share-based Payment Arrangement, Expense 14.6M USD +41.3%
Interest Expense 865K USD -21.2%
Preferred Stock, Par or Stated Value Per Share 0 USD/shares 0%