Codexis, Inc. (CDXS)

Codexis Balance Sheet

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

Assets

Fiscal Year	TTM	FY 2025	FY 2024	FY 2023	FY 2022	FY 2021
Period Ending	Jun 30, 2026	Dec 31, 2025	Dec 31, 2024	Dec 31, 2023	Dec 31, 2022	Dec 31, 2021
Cash & Equivalents	27.17	50.79	19.26	65.12	113.98	116.8
Short-Term Investments	27.75	27.42	54.19	-	-	-
Cash & Short-Term Investments	54.92	78.21	73.46	65.12	113.98	116.8
Cash Growth	-17.21%	6.47%	12.81%	-42.87%	-2.41%	-22.20%
Receivables	11.65	10.69	18.88	19.93	40.87	37.65
Inventory	1.6	1.82	1.8	2.69	2.03	1.16
Prepaid Expenses	2.9	5.63	4.13	4.6	4.8	5.7
Restricted Cash	0.42	0.48	0.5	0.52	0.52	0.58
Other Current Assets	0.43	-	-	0.62	0.69	-
Total Current Assets	71.92	96.82	98.77	93.47	162.89	161.89
Property, Plant & Equipment	40.53	43.53	42.9	28.62	61.88	65.46
Long-Term Investments	2.5	2.5	2.8	9.7	20.51	14
Goodwill	2.46	2.46	2.46	2.46	3.24	3.24
Long-Term Accounts Receivable	0.57	0.26	0.46	0.76	-	-
Long-Term Deferred Charges	-	-	-	-	0.02	0.06
Other Long-Term Assets	2.08	2.23	1.62	1.55	1.85	1.74
Total Assets	120.06	147.8	149.01	136.56	250.39	246.38

Liabilities

Fiscal Year	TTM	FY 2025	FY 2024	FY 2023	FY 2022	FY 2021
Period Ending	Jun 30, 2026	Dec 31, 2025	Dec 31, 2024	Dec 31, 2023	Dec 31, 2022	Dec 31, 2021
Accounts Payable	2.61	1.55	2.84	5.95	3.25	3
Accrued Expenses	9.69	13.81	17.63	15.98	26.73	23.7
Current Portion of Leases	3.29	2.94	2.83	3.78	5.36	4.09
Current Unearned Revenue	0.86	7.01	0.35	10.12	13.73	2.59
Total Current Liabilities	23.51	25.32	23.65	35.83	49.07	33.37
Long-Term Debt	33.82	40.11	28.91	-	-	-
Long-Term Leases	28.42	30.16	28.16	12.24	38.28	43.56
Long-Term Unearned Revenue	-	0.36	0.1	0.64	16.88	3.75
Other Long-Term Liabilities	1.35	1.33	1.27	1.23	1.37	1.31
Total Liabilities	87.1	97.27	82.08	49.95	105.6	81.99

Shareholders' Equity

Fiscal Year	TTM	FY 2025	FY 2024	FY 2023	FY 2022	FY 2021
Period Ending	Jun 30, 2026	Dec 31, 2025	Dec 31, 2024	Dec 31, 2023	Dec 31, 2022	Dec 31, 2021
Common Stock	0.01	0.01	0.01	0.01	0.01	0.01
Additional Paid-In Capital	660.45	657.29	629.67	584.14	566.08	552.08
Retained Earnings	-627.49	-606.78	-562.81	-497.53	-421.29	-387.7
Comprehensive Income & Other	-0.01	0.01	0.05	-	-	-
Shareholders' Equity	32.96	50.53	66.93	86.62	144.8	164.39
Total Liabilities & Equity	120.06	147.8	149.01	136.56	250.39	246.38

Additional Metrics

Fiscal Year	TTM	FY 2025	FY 2024	FY 2023	FY 2022	FY 2021
Period Ending	Jun 30, 2026	Dec 31, 2025	Dec 31, 2024	Dec 31, 2023	Dec 31, 2022	Dec 31, 2021
Total Debt	72.59	73.21	59.9	16.02	43.64	47.65
Net Cash (Debt)	-17.67	5	13.56	49.09	70.35	69.14
Net Cash Growth	-	-63.13%	-72.37%	-30.21%	1.74%	-44.76%
Net Cash Per Share	-0.19	0.06	0.18	0.72	1.08	1.07
Filing Date Shares Outstanding	109.51	90.87	82.84	70.3	65.95	65.16
Total Common Shares Outstanding	91.39	90.48	81.85	69.91	65.81	65.11
Working Capital	48.41	71.5	75.12	57.64	113.83	128.52
Book Value Per Share	0.36	0.56	0.82	1.24	2.20	2.52
Tangible Book Value	30.5	48.07	64.46	84.15	141.56	161.15
Tangible Book Value Per Share	0.33	0.53	0.79	1.20	2.15	2.48
Machinery	42.21	42.63	39.53	41.25	44.06	37.88
Construction In Progress	1.06	0.41	3.44	1.64	1.74	3.23
Leasehold Improvements	15.51	15.23	12.16	11.91	16.63	16.12

SEC Filings: 10-K · 10-Q

Data Source: S&P Global Market Intelligence Last updated: May 7, 2026

Financial data is provided by S&P Global Market Intelligence and updates within hours after each earnings release, which is every three months for this company.

Update frequency:

Quarterly

Last checked:

Aug 15, 2026

Data Sources Report a data error