Standard Biotools Inc. financial data

Symbol
LAB on Nasdaq
Industry
Laboratory Analytical Instruments
Location
2 Tower Place, Suite 2000, South San Francisco, California
State of incorporation
Delaware
Fiscal year end
December 31
Former names
FLUIDIGM CORP (to 4/1/2022)
Latest financial report
Q1 2024 - May 9, 2024

Key Ratios

Label TTM Value / Value Unit Change %
Current Ratio 322 % -35.9%
Quick Ratio 31.8 % -36.8%
Debt-to-equity 368 %
Return On Equity -195 % -204%
Return On Assets -20 % +38%

Shares

Label TTM Value / Value Unit Change %
Entity Common Stock, Shares Outstanding 379 M shares +379%
Common Stock, Shares, Outstanding 380 M shares +384%
Entity Public Float 133 M USD +5.45%
Common Stock, Value, Issued 387 K USD +384%
Weighted Average Number of Shares Outstanding, Basic 294 M shares +272%
Weighted Average Number of Shares Outstanding, Diluted 294 M shares +272%

Income Statement

Label TTM Value / Value Unit Change %
Revenue from Contract with Customer, Excluding Assessed Tax 127 M USD +31.3%
Research and Development Expense 35.5 M USD +1.58%
Operating Income (Loss) -120 M USD -14.1%
Income (Loss) from Continuing Operations before Income Taxes, Noncontrolling Interest -89.7 M USD +32.4%
Income Tax Expense (Benefit) 317 K USD -51.3%
Net Income (Loss) Attributable to Parent -90 M USD +31.1%
Earnings Per Share, Basic -1 USD/shares +39.4%
Earnings Per Share, Diluted -1 USD/shares +39.4%

Balance Sheet

Label TTM Value / Value Unit Change %
Cash and Cash Equivalents, at Carrying Value 287 M USD +153%
Cash, Cash Equivalents, and Short-term Investments 155 M USD
Accounts Receivable, after Allowance for Credit Loss, Current 36 M USD +148%
Inventory, Net 40.4 M USD +79.3%
Assets, Current 548 M USD +181%
Deferred Income Tax Assets, Net 135 K USD -41.6%
Property, Plant and Equipment, Net 44.8 M USD +79.1%
Operating Lease, Right-of-Use Asset 33 M USD -0.02%
Intangible Assets, Net (Excluding Goodwill) 24.8 M USD +153%
Goodwill 106 M USD -0.02%
Other Assets, Noncurrent 3.67 M USD +37.8%
Assets 778 M USD +109%
Accounts Payable, Current 13.1 M USD +115%
Employee-related Liabilities, Current 11.6 M USD +37.6%
Accrued Liabilities, Current 30.4 M USD +342%
Contract with Customer, Liability, Current 13.9 M USD +19.5%
Liabilities, Current 122 M USD +178%
Contract with Customer, Liability, Noncurrent 33.9 M USD +784%
Deferred Income Tax Liabilities, Net 841 K USD -20.1%
Operating Lease, Liability, Noncurrent 31.1 M USD -6.16%
Other Liabilities, Noncurrent 2.82 M USD +413%
Liabilities 200 M USD +27.2%
Convertible Preferred Stock, Nonredeemable or Redeemable, Issuer Option, Value 225 M USD
Accumulated Other Comprehensive Income (Loss), Net of Tax -1.79 M USD -34.9%
Retained Earnings (Accumulated Deficit) -1.08 B USD -14.4%
Stockholders' Equity Attributable to Parent 577 M USD
Liabilities and Equity 778 M USD +109%

Popular Metrics

Label TTM Value / Value Unit Change %
Net Cash Provided by (Used in) Operating Activities -62.5 M USD -636%
Net Cash Provided by (Used in) Financing Activities -19.7 M USD -671%
Net Cash Provided by (Used in) Investing Activities 318 M USD +637%
Common Stock, Shares Authorized 600 M shares +50%
Common Stock, Shares, Issued 388 M shares +383%
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 236 M USD +634%
Cash, Cash Equivalents, Restricted Cash and Restricted Cash Equivalents 288 M USD +152%
Interest Paid, Excluding Capitalized Interest, Operating Activities 190 K USD -18.1%
Deferred Tax Assets, Valuation Allowance 124 M USD +15%
Effective Income Tax Rate Reconciliation, at Federal Statutory Income Tax Rate, Percent 0.21 pure 0%
Deferred Tax Assets, Gross 130 M USD +9.77%
Operating Lease, Liability 36.9 M USD +0.07%
Depreciation 3 M USD +329%
Payments to Acquire Property, Plant, and Equipment 781 K USD -22.7%
Comprehensive Income (Loss), Net of Tax, Attributable to Parent -90.4 M USD +30.9%
Lessee, Operating Lease, Liability, to be Paid 50.7 M USD
Property, Plant and Equipment, Gross 103 M USD +90.2%
Operating Lease, Liability, Current 5.83 M USD +55%
Lessee, Operating Lease, Liability, to be Paid, Year Two 8.72 M USD
Lessee, Operating Lease, Liability, to be Paid, Year One 9.69 M USD
Operating Lease, Weighted Average Discount Rate, Percent 0.12 pure 0%
Deferred Income Tax Expense (Benefit) -118 K USD +96.4%
Lessee, Operating Lease, Liability, Undiscounted Excess Amount 13.8 M USD
Lessee, Operating Lease, Liability, to be Paid, Year Three 7.39 M USD
Deferred Tax Assets, Operating Loss Carryforwards 96.2 M USD +13%
Preferred Stock, Shares Issued 0 shares
Deferred Federal Income Tax Expense (Benefit) 0 USD
Current Income Tax Expense (Benefit) 570 K USD +15.9%
Preferred Stock, Shares Authorized 10 M shares +2.63%
Unrecognized Tax Benefits 6.94 M USD -0.47%
Lessee, Operating Lease, Liability, to be Paid, Year Four 7.36 M USD
Operating Lease, Payments 7.93 M USD +5.19%
Additional Paid in Capital 1.67 B USD +97%
Preferred Stock, Shares Outstanding 0 shares
Current State and Local Tax Expense (Benefit) 197 K USD +126%
Current Federal Tax Expense (Benefit) 0 USD
Amortization of Intangible Assets 10.5 M USD -6.43%
Depreciation, Depletion and Amortization 5.19 M USD +41.8%
Deferred Tax Assets, Net of Valuation Allowance 6.18 M USD -42.8%
Share-based Payment Arrangement, Expense 9.99 M USD -28.6%
Deferred State and Local Income Tax Expense (Benefit) 0 USD
Interest Expense 4.57 M USD +5.45%
Preferred Stock, Par or Stated Value Per Share 0 USD/shares 0%