BioLife Solutions, Inc. (BLFS)

BioLife Solutions Balance Sheet

Financials in millions USD. Fiscal year is January - December.

Fiscal Year	TTM	FY 2023	FY 2022	FY 2021	FY 2020	FY 2019
Period Ending	Sep 30, 2024	Dec 31, 2023	Dec 31, 2022	Dec 31, 2021	Dec 31, 2020	Dec 31, 2019
Cash & Equivalents	23.98	35.41	19.44	69.86	90.4	6.45
Short-Term Investments	10.21	16.29	43.26	-	-	-
Cash & Short-Term Investments	34.19	51.7	62.7	69.86	90.4	6.45
Cash Growth	-16.67%	-17.55%	-10.25%	-22.72%	1302.03%	-78.97%
Receivables	17.92	18.66	33.94	23.22	8.01	5.35
Inventory	32.18	43.46	34.9	28.35	11.6	10.97
Prepaid Expenses	4.91	6.77	6.88	4.66	4.65	1.35
Restricted Cash	0.18	0.03	0.03	0.01	0.05	-
Total Current Assets	89.38	120.6	138.45	126.09	114.71	24.11
Property, Plant & Equipment	42.96	40.33	48.27	46.61	24.52	10.53
Long-Term Investments	5.88	5.62	6.4	4.37	5.87	2.5
Goodwill	224.74	224.74	224.74	224.74	58.45	33.64
Other Intangible Assets	18.42	21.15	32.09	152.15	31.05	21.98
Other Long-Term Assets	0.27	0.27	0.28	0.33	0.23	0.05
Total Assets	381.65	412.71	450.23	554.29	234.83	92.82
Accounts Payable	3.84	6.94	15.37	14.95	3.67	3.12
Accrued Expenses	11.99	16.15	12.36	8.6	3.37	1.86
Short-Term Debt	-	-	-	-	-	0.01
Current Portion of Long-Term Debt	12.23	6.83	1.81	0.86	0.61	-
Current Portion of Leases	3.11	3.17	3.02	2.91	1.12	0.8
Current Income Taxes Payable	0.37	0.56	0.98	0.03	0.11	-
Current Unearned Revenue	0.44	0.66	0.55	0.81	0.93	0.32
Other Current Liabilities	0.19	7.86	10.5	14.55	5.76	1.55
Total Current Liabilities	32.17	42.18	44.58	42.7	15.57	7.67
Long-Term Debt	7.82	18.31	23.79	6.35	0.66	-
Long-Term Leases	16.1	14.37	15.09	16.76	8.77	0.55
Long-Term Deferred Tax Liabilities	0.1	0.19	0.25	5.49	-	-
Other Long-Term Liabilities	-	-	2.33	4.94	4.59	41.14
Total Liabilities	56.19	75.05	86.04	76.24	29.58	49.36
Common Stock	0.05	0.05	0.04	0.04	0.03	0.02
Additional Paid-In Capital	673.18	651.31	611.74	585.4	302.6	143.49
Retained Earnings	-347.56	-313.34	-246.92	-107.11	-97.39	-100.05
Comprehensive Income & Other	-0.21	-0.35	-0.68	-0.28	-	-
Total Common Equity	325.46	337.66	364.19	478.05	205.25	43.45
Shareholders' Equity	325.46	337.66	364.19	478.05	205.25	43.45
Total Liabilities & Equity	381.65	412.71	450.23	554.29	234.83	92.82
Total Debt	39.27	42.69	43.71	26.88	11.15	1.37
Net Cash (Debt)	-5.08	9	18.99	42.98	79.25	5.08
Net Cash Growth	-	-52.58%	-55.82%	-45.77%	1459.73%	-83.43%
Net Cash Per Share	-0.11	0.21	0.45	1.12	2.90	0.26
Filing Date Shares Outstanding	46.39	45.3	43.21	42.09	33.4	24
Total Common Shares Outstanding	46.23	45.17	42.83	41.82	33.04	20.83
Working Capital	57.22	78.43	93.87	83.39	99.14	16.44
Book Value Per Share	7.04	7.48	8.50	11.43	6.21	2.09
Tangible Book Value	82.31	91.77	107.36	101.16	115.75	-12.17
Tangible Book Value Per Share	1.78	2.03	2.51	2.42	3.50	-0.58
Machinery	27.72	30.58	30.14	24.18	14.15	9.05
Construction In Progress	7.34	6.6	6.75	4.42	2.54	1.02
Leasehold Improvements	5.98	5.91	5.25	3.84	2.39	2.11

Source: S&P Capital IQ. Standard template. Financial Sources.