T2 Biosystems, Inc. (TTOO)

T2 Biosystems 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	2.08	15.69	10.33	22.25	16.79	11.03
Short-Term Investments	-	-	-	10	25.4	-
Cash & Short-Term Investments	2.08	15.69	10.33	32.24	42.19	11.03
Cash Growth	-91.43%	51.89%	-67.96%	-23.58%	282.39%	-78.28%
Receivables	2.03	1.42	2.16	5.13	5.1	2.83
Inventory	3.83	4.82	4.29	3.91	3.64	3.6
Prepaid Expenses	1.85	3.26	2.58	3.01	2.56	1.44
Other Current Assets	-	-	-	0.1	0.1	-
Total Current Assets	9.79	25.19	19.36	44.39	53.58	18.9
Property, Plant & Equipment	7.75	9.05	13.27	14.44	14.81	9.21
Long-Term Investments	-	-	-	-	10	-
Long-Term Deferred Charges	-	-	-	-	0.1	-
Other Long-Term Assets	0.55	0.56	1.69	1.7	0.59	0.39
Total Assets	18.08	34.8	34.33	60.54	79.08	28.49
Accounts Payable	4.21	1.53	1.3	2.83	2.06	3.75
Accrued Expenses	5.93	9.71	7.27	7.16	6.36	9.22
Current Portion of Long-Term Debt	11.92	41.28	-	-	-	45.33
Current Portion of Leases	1.72	1.62	1.35	1.17	1.15	1.98
Current Unearned Revenue	0.23	0.22	0.17	0.52	0.23	0.29
Other Current Liabilities	0.41	1.79	0.04	-	-	-
Total Current Liabilities	24.44	56.15	10.13	11.69	9.8	60.57
Long-Term Debt	-	-	49.65	47.79	46.25	-
Long-Term Leases	5.3	6.6	8.21	9.36	10.53	1.87
Long-Term Unearned Revenue	0.06	0.08	0.05	0.03	0.42	0.05
Other Long-Term Liabilities	-	-	5.94	4.58	3.35	-
Total Liabilities	29.79	62.83	73.98	73.44	70.35	62.49
Common Stock	0.02	0	-	0	0.15	0.05
Additional Paid-In Capital	605.18	556.26	494.56	459.31	431.54	342.12
Retained Earnings	-616.91	-584.3	-534.22	-472.22	-422.98	-376.18
Comprehensive Income & Other	-	-	-	-0	0.01	-
Total Common Equity	-11.71	-28.04	-39.66	-12.9	8.73	-34.01
Shareholders' Equity	-11.71	-28.04	-39.66	-12.9	8.73	-34.01
Total Liabilities & Equity	18.08	34.8	34.33	60.54	79.08	28.49
Total Debt	18.94	49.5	59.22	58.32	57.93	49.18
Net Cash (Debt)	-16.86	-33.81	-48.89	-26.08	-5.74	-38.15
Net Cash Per Share	-1.60	-12.95	-958.53	-820.91	-236.46	-
Filing Date Shares Outstanding	21.04	5.51	0.2	0.03	0.03	0.02
Total Common Shares Outstanding	18.76	4.06	0.08	0.03	0.03	0.01
Working Capital	-14.65	-30.96	9.23	32.71	43.78	-41.68
Book Value Per Share	-0.62	-6.91	-513.90	-387.71	294.64	-3356.86
Tangible Book Value	-11.71	-28.04	-39.66	-12.9	8.73	-34.01
Tangible Book Value Per Share	-0.62	-6.91	-513.90	-387.71	294.64	-3356.86
Machinery	12.07	12.1	13.54	14.59	11.84	13.18
Construction In Progress	0.03	0.02	0.69	0.51	1.73	1.64
Leasehold Improvements	3.61	3.61	3.78	3.77	3.69	3.5

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