Cue Health Inc. financial data

Symbol
HLTH on Nasdaq
Industry
Laboratory Analytical Instruments
Location
4980 Carroll Canyon Road, Suite 100, San Diego, California
Fiscal year end
December 31
Former names
Cue Inc. (to 5/16/2017)
Latest financial report
Q4 2023 - Mar 13, 2024

Key Ratios

Label TTM Value / Value Unit Change %
Current Ratio 354 % +3.7%
Quick Ratio 101 % +34.1%
Debt-to-equity 26.1 % -25.4%
Return On Equity -95.9 % -213%
Return On Assets -76 % -235%
Operating Margin -557 % -1209%

Shares

Label TTM Value / Value Unit Change %
Entity Common Stock, Shares Outstanding 159 M shares +4.71%
Common Stock, Shares, Outstanding 155 M shares +3.26%
Entity Public Float 50 M USD -85%
Common Stock, Value, Issued 2 K USD +100%
Weighted Average Number of Shares Outstanding, Basic 153 M shares +3.28%
Weighted Average Number of Shares Outstanding, Diluted 153 M shares +3.28%

Income Statement

Label TTM Value / Value Unit Change %
Revenue from Contract with Customer, Excluding Assessed Tax 70.9 M USD -85.3%
Research and Development Expense 151 M USD -12.2%
Selling and Marketing Expense 32.6 M USD -63.2%
General and Administrative Expense 57.4 M USD -40.9%
Operating Income (Loss) -395 M USD -92%
Income (Loss) from Continuing Operations before Income Taxes, Noncontrolling Interest -369 M USD -80.9%
Income Tax Expense (Benefit) 4.79 M USD
Net Income (Loss) Attributable to Parent -373 M USD -92.5%
Earnings Per Share, Basic -2.44 USD/shares -86.3%
Earnings Per Share, Diluted -2.44 USD/shares -86.3%

Balance Sheet

Label TTM Value / Value Unit Change %
Cash and Cash Equivalents, at Carrying Value 80.9 M USD -66.5%
Accounts Receivable, after Allowance for Credit Loss, Current 1.35 M USD -92.8%
Inventory, Net 14 M USD -82.9%
Other Assets, Current 4.8 M USD -60.4%
Assets, Current 110 M USD -70.3%
Operating Lease, Right-of-Use Asset 78.5 M USD -7.97%
Intangible Assets, Net (Excluding Goodwill) 19.6 M USD +16.5%
Other Assets, Noncurrent 2.89 M USD -55.7%
Assets 340 M USD -51.1%
Accounts Payable, Current 7.71 M USD +7.76%
Employee-related Liabilities, Current 9.27 M USD -64.8%
Contract with Customer, Liability, Current 162 K USD -89.7%
Liabilities, Current 43.5 M USD -38.9%
Contract with Customer, Liability, Noncurrent 0 USD -100%
Operating Lease, Liability, Noncurrent 41.6 M USD -5.46%
Other Liabilities, Noncurrent 4.43 M USD +122%
Liabilities 89.5 M USD -24.2%
Retained Earnings (Accumulated Deficit) -592 M USD -171%
Stockholders' Equity Attributable to Parent 250 M USD -56.6%
Liabilities and Equity 340 M USD -51.1%

Popular Metrics

Label TTM Value / Value Unit Change %
Net Cash Provided by (Used in) Operating Activities -138 M USD -23.1%
Net Cash Provided by (Used in) Financing Activities -3.03 M USD +52.9%
Net Cash Provided by (Used in) Investing Activities -19.8 M USD +68.6%
Common Stock, Shares Authorized 500 M shares 0%
Common Stock, Shares, Issued 155 M shares +3.26%
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 -161 M USD +11.4%
Cash, Cash Equivalents, Restricted Cash and Restricted Cash Equivalents 81.7 M USD -66.3%
Interest Paid, Excluding Capitalized Interest, Operating Activities 0 USD
Deferred Tax Assets, Valuation Allowance 133 M USD +168%
Effective Income Tax Rate Reconciliation, at Federal Statutory Income Tax Rate, Percent 0.21 pure 0%
Deferred Tax Assets, Gross 153 M USD +72.3%
Operating Lease, Liability 46.8 M USD -9.66%
Depreciation 44.5 M USD +15%
Payments to Acquire Property, Plant, and Equipment 9.17 M USD -81.7%
Lessee, Operating Lease, Liability, to be Paid 56.7 M USD -12%
Operating Lease, Liability, Current 5.14 M USD -33.6%
Lessee, Operating Lease, Liability, to be Paid, Year Two 7.78 M USD +2.53%
Lessee, Operating Lease, Liability, to be Paid, Year One 7.59 M USD -1.91%
Operating Lease, Weighted Average Discount Rate, Percent 0.06 pure 0%
Deferred Income Tax Expense (Benefit) 0 USD
Lessee, Operating Lease, Liability, Undiscounted Excess Amount 9.87 M USD -21.7%
Lessee, Operating Lease, Liability, to be Paid, Year Three 8.07 M USD +3.64%
Deferred Tax Assets, Operating Loss Carryforwards 75 M USD +291%
Deferred Federal Income Tax Expense (Benefit) 0 USD
Preferred Stock, Shares Authorized 50 M shares 0%
Unrecognized Tax Benefits 5.87 M USD +117%
Lessee, Operating Lease, Liability, to be Paid, Year Four 8.15 M USD +1.08%
Operating Lease, Payments 7.53 M USD -53.3%
Additional Paid in Capital 842 M USD +5.94%
Preferred Stock, Shares Outstanding 0 shares
Current State and Local Tax Expense (Benefit) 2 M USD
Current Federal Tax Expense (Benefit) 2.55 M USD
Amortization of Intangible Assets 7.9 M USD +114%
Depreciation, Depletion and Amortization 56.3 M USD +14.9%
Deferred State and Local Income Tax Expense (Benefit) 0 USD
Interest Expense 1.16 M USD +79.7%