Codexis, Inc. (CDXS)

Codexis Balance Sheet

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

Fiscal Year	TTM	FY 2024	FY 2023	FY 2022	FY 2021	FY 2020
Period Ending	Jun 30, 2025	Dec 31, 2024	Dec 31, 2023	Dec 31, 2022	Dec 31, 2021	Dec 31, 2020
Cash & Equivalents	26.76	19.26	65.12	113.98	116.8	149.12
Short-Term Investments	39.57	54.19	-	-	-	1
Cash & Short-Term Investments	66.33	73.46	65.12	113.98	116.8	150.12
Cash Growth	-9.38%	12.81%	-42.87%	-2.41%	-22.20%	65.88%
Receivables	16.48	18.88	19.93	40.87	37.65	29.29
Inventory	1.95	1.8	2.69	2.03	1.16	0.96
Prepaid Expenses	3.47	3.7	4.6	4.8	5.7	3.42
Restricted Cash	0.5	0.5	0.52	0.52	0.58	0.64
Other Current Assets	-	0.43	0.62	0.69	-	-
Total Current Assets	88.73	98.77	93.47	162.89	161.89	184.42
Property, Plant & Equipment	42.24	42.9	28.62	61.88	65.46	31.18
Long-Term Investments	2.8	2.8	9.7	20.51	14	1.45
Goodwill	2.46	2.46	2.46	3.24	3.24	3.24
Long-Term Accounts Receivable	-	0.46	0.76	-	-	-
Long-Term Deferred Charges	-	-	-	0.02	0.06	0.09
Other Long-Term Assets	2.01	1.62	1.55	1.85	1.74	1.27
Total Assets	138.25	149.01	136.56	250.39	246.38	221.65
Accounts Payable	1.47	2.84	5.95	3.25	3	2.97
Accrued Expenses	10.67	17.63	15.98	26.73	23.7	17.56
Current Portion of Leases	3	2.83	3.78	5.36	4.09	2.63
Current Unearned Revenue	0.1	0.35	10.12	13.73	2.59	1.82
Total Current Liabilities	15.24	23.65	35.83	49.07	33.37	24.98
Long-Term Debt	39.37	28.91	-	-	-	-
Long-Term Leases	26.61	28.16	12.24	38.28	43.56	22.32
Long-Term Unearned Revenue	0.1	0.1	0.64	16.88	3.75	2.97
Other Long-Term Liabilities	1.3	1.27	1.23	1.37	1.31	1.27
Total Liabilities	82.62	82.08	49.95	105.6	81.99	51.54
Common Stock	0.01	0.01	0.01	0.01	0.01	0.01
Additional Paid-In Capital	652.39	629.67	584.14	566.08	552.08	536.52
Retained Earnings	-596.77	-562.81	-497.53	-421.29	-387.7	-366.42
Comprehensive Income & Other	-0	0.05	-	-	-	-
Shareholders' Equity	55.63	66.93	86.62	144.8	164.39	170.1
Total Liabilities & Equity	138.25	149.01	136.56	250.39	246.38	221.65
Total Debt	68.98	59.9	16.02	43.64	47.65	24.95
Net Cash (Debt)	-2.65	13.56	49.09	70.35	69.14	125.17
Net Cash Growth	-	-72.37%	-30.21%	1.74%	-44.76%	94.42%
Net Cash Per Share	-0.03	0.18	0.72	1.08	1.07	2.11
Filing Date Shares Outstanding	90.27	82.84	70.3	65.95	65.16	64.4
Total Common Shares Outstanding	90.25	81.85	69.91	65.81	65.11	64.28
Working Capital	73.49	75.12	57.64	113.83	128.52	159.44
Book Value Per Share	0.62	0.82	1.24	2.20	2.52	2.65
Tangible Book Value	53.17	64.46	84.15	141.56	161.15	166.86
Tangible Book Value Per Share	0.59	0.79	1.20	2.15	2.48	2.60
Machinery	-	39.53	41.25	44.06	37.88	29.91
Construction In Progress	-	3.44	1.64	1.74	3.23	2.36
Leasehold Improvements	-	12.16	11.91	16.63	16.12	10.79

Updated Aug 13, 2025. Source: S&P Global Market Intelligence. Standard template. Financial Sources.

SEC Filings: 10-K · 10-Q