ACCELERATE DIAGNOSTICS, INC

CIK: 727207 SIC: 3826

Profile Charts Filings

$11.70M

Revenue

$-50.05M

Net Income

23.12%

Gross Margin

-301.86%

Op. Margin

$-50.22M

Free Cash Flow

Financial Statements Annual (10-K)

Showing 13 of 13 annual reports available (2012 - 2024)

Show: 5 10 All (13)

Annual Quarterly

Breakdown	TTM (Dec 31, 2024)	FY 2024 (Dec 31, 2024)	FY 2023 (Dec 31, 2023)	FY 2022 (Dec 31, 2022)	FY 2021 (Dec 31, 2021)	FY 2020 (Dec 31, 2020)	FY 2019 (Dec 31, 2019)	FY 2018 (Dec 31, 2018)	FY 2017 (Dec 31, 2017)	FY 2016 (Dec 31, 2016)	FY 2015 (Dec 31, 2015)	FY 2014 (Dec 31, 2014)	FY 2013 (Dec 31, 2013)	FY 2012 (Jul 31, 2012)
+ Total Revenue	$11.70M	$11.70M	$12.06M	$12.75M	$11.78M	$11.16M	$9.30M	$5.67M	$4.18M	$246.00K	$147.00K	$122.00K	$48.28K	$235.91K
Revenue Growth %	0.0%	-3.0%	-5.4%	8.2%	5.5%	20.1%	64.0%	35.7%	1598.0%	67.3%	20.5%	152.7%	-79.5%	nan%
Cost of Revenue	$8.99M	$8.99M	$9.51M	$9.45M	$12.16M	$6.71M	$4.90M	$3.19M	$1.00M	-	-	-	-	-
+ Gross Profit	$2.70M	$2.70M	$2.55M	$3.30M	$-381.00K	$4.46M	$4.40M	$2.48M	$3.17M	$246.00K	$147.00K	-	-	-
Gross Margin %	23.1%	23.1%	21.1%	25.9%	-3.2%	39.9%	47.3%	43.8%	76.0%	100.0%	100.0%	nan%	nan%	nan%
Operating Expenses	$38.02M	$38.01M	$56.58M	$66.11M	$71.18M	$68.16M	$77.23M	$82.85M	$67.36M	$66.75M	$45.70M	$31.64M	$15.36M	$5.59M
Research & Development	$16.69M	$16.69M	$25.35M	$26.91M	$21.94M	$21.25M	$25.34M	$27.64M	$22.30M	$28.20M	$26.02M	$20.05M	$10.67M	$431.91K
Selling General & Admin	$21.33M	$21.33M	$31.23M	$39.19M	$49.24M	$46.90M	$51.89M	$55.21M	$45.06M	$37.18M	-	-	-	-
+ Operating Income	$-35.31M	$-35.31M	$-54.03M	$-62.80M	$-71.56M	$-63.70M	$-72.83M	$-80.37M	$-64.18M	$-66.50M	$-45.55M	$-31.52M	$-15.31M	$-5.35M
Operating Margin %	-301.9%	-301.8%	-448.0%	-492.5%	-607.4%	-570.5%	-783.4%	-1417.4%	-1536.6%	-27032.9%	-30985.7%	-25833.6%	-31709.3%	-2268.6%
Interest Expense	$76.00K	$33.00K	$122.00K	$2.21M	$15.54M	$15.55M	$14.26M	$2.00M	-	-	-	-	-	-
Other Income/Expense	$-595.00K	$-595.00K	$108.00K	$235.00K	$-6.10M	$-14.50M	$-11.59M	$-7.75M	$649.00K	$394.00K	-	-	-	-
Income Before Tax	$-50.11M	$-50.11M	$-60.77M	$-62.57M	$-77.66M	$-78.20M	$-84.42M	$-88.11M	$-63.53M	$-66.11M	$-45.50M	$-30.93M	$29.04K	$41.28K
Income Tax Expense	$-66.00K	$-66.00K	$850.00K	$-77.00K	$45.00K	$5.00K	$-111.00K	$211.00K	$493.00K	$267.00K	-	$527.00K	-	-
+ Net Income	$-50.05M	$-50.05M	$-61.62M	$-62.49M	$-77.70M	$-78.21M	$-84.31M	$-88.33M	$-64.03M	$-66.37M	$-45.50M	$-30.93M	$-15.28M	$-5.31M
Net Margin %	-427.8%	-427.8%	-511.0%	-490.1%	-659.5%	-700.5%	-906.8%	-1557.8%	-1532.9%	-26981.3%	-30951.0%	-25354.9%	-31649.2%	-2251.1%
Basic EPS	-2.20	-2.15	-4.94	-0.76	-1.26	-1.40	-1.55	nan	nan	nan	nan	nan	nan	nan
Diluted EPS	nan	-2.15	-4.94	-0.76	-1.26	-1.40	-1.55	nan	nan	nan	nan	nan	nan	nan
Basic Shares Outstanding	635K	23.3M	12.5M	82.2M	61.7M	56.0M	54.5M	54.5M	54.1M	51.3M	45.0M	43.6M	37.5M	12.4M
Diluted Shares Outstanding	-	23.3M	12.5M	82.2M	61.7M	56.0M	54.5M	-	-	-	-	-	-	-

Breakdown	FY 2024 (Dec 31, 2024)	FY 2023 (Dec 31, 2023)	FY 2022 (Dec 31, 2022)	FY 2021 (Dec 31, 2021)	FY 2020 (Dec 31, 2020)	FY 2019 (Dec 31, 2019)	FY 2018 (Dec 31, 2018)	FY 2017 (Dec 31, 2017)	FY 2016 (Dec 31, 2016)	FY 2015 (Dec 31, 2015)	FY 2014 (Dec 31, 2014)	FY 2013 (Dec 31, 2013)	FY 2012 (Jul 31, 2012)
Cash & Cash Equivalents	$15.10M	$12.14M	$34.91M	$39.90M	$35.78M	$61.01M	$66.26M	$28.51M	$19.24M	$120.58M	$53.56M	$30.03M	$14.26M
Short-term Investments	$1.20M	$1.08M	$10.66M	-	-	-	-	-	-	-	-	-	-
Accounts Receivable	$2.04M	$2.62M	$2.42M	$2.32M	$1.55M	$3.22M	$1.86M	$1.95M	$34.00K	$77.00K	$78.00K	$24.40K	$750.95K
Inventory	$2.85M	$3.31M	$5.19M	$5.07M	$9.22M	$8.06M	$7.75M	$8.06M	-	-	-	-	$10.26K
Other Current Assets	$844.00K	$1.52M	$2.02M	$1.56M	$1.78M	$1.17M	$576.00K	$468.00K	$183.00K	$12.00K	-	$130.19K	$17.93K
Total Current Assets	$22.24M	$24.47M	$56.01M	$73.33M	$81.99M	$121.85M	$177.64M	$120.49M	$78.45M	$134.15M	$67.10M	$42.14M	$15.04M
Property Plant & Equipment	$2.58M	$2.39M	$3.48M	$5.39M	$6.13M	$7.91M	$7.30M	$4.89M	$4.26M	$5.02M	$2.54M	$1.05M	$3.96K
Goodwill	-	-	-	-	-	-	-	-	-	-	-	-	$1.49M
Intangible Assets	-	-	-	-	-	-	$114.00K	$134.00K	$146.00K	$157.00K	$167.00K	$240.67K	$680.94K
Other Non-current Assets	$500.00K	$1.82M	$1.24M	$1.82M	$2.12M	$750.00K	$208.00K	-	-	-	-	-	-
Total Assets	$28.56M	$31.37M	$65.02M	$83.05M	$93.42M	$134.42M	$185.26M	$125.51M	$82.85M	$139.32M	$69.80M	$43.43M	$17.21M
Accounts Payable	$4.84M	$4.80M	$4.50M	$1.98M	$1.29M	$2.35M	$1.32M	$2.08M	$992.00K	$2.62M	$2.13M	$540.43K	$63.03K
Accrued Liabilities	$2.87M	$3.24M	$2.68M	$2.85M	$2.99M	$3.83M	$4.96M	$3.64M	-	-	-	-	-
Deferred Revenue	$1.64M	$1.54M	$547.00K	$451.00K	$376.00K	$271.00K	$217.00K	$1.07M	-	-	-	-	-
Total Current Liabilities	$31.20M	$12.03M	$66.56M	$6.95M	$6.97M	$8.16M	$7.76M	$6.79M	$4.04M	$5.31M	$2.78M	$1.14M	$1.39M
Long-term Debt	-	-	-	-	-	-	-	-	-	-	$13.00K	-	-
Other Non-current Liabilities	$1.68M	$1.16M	$874.00K	$808.00K	$335.00K	$19.00K	$53.00K	$21.00K	-	-	-	-	-
Total Liabilities	$84.60M	$51.25M	$87.28M	$118.12M	$156.24M	$141.80M	$127.89M	$6.81M	$5.04M	$6.31M	$3.81M	$1.91M	$2.38M
Common Stock	$25.00K	$14.00K	$10.00K	-	-	-	-	-	-	-	-	-	-
Retained Earnings	$-718.90M	$-668.86M	$-607.24M	$-570.67M	$-492.97M	$-414.65M	$-330.35M	$-241.97M	$-177.29M	$-110.92M	$-65.42M	$-34.48M	-
Treasury Stock	-	-	-	$45.07M	$45.07M	$45.07M	$45.07M	-	-	-	-	-	-
Total Stockholders Equity	$-56.04M	$-19.89M	$-22.26M	$-35.07M	$-62.81M	$-7.38M	$57.38M	$118.70M	$77.82M	$133.02M	$65.99M	$41.52M	$14.84M
Total Liabilities & Equity	$28.56M	$31.37M	$65.02M	$83.05M	$93.42M	$134.42M	$185.26M	$125.51M	$82.85M	$139.32M	$69.80M	$43.43M	$17.21M

Breakdown	TTM (Dec 31, 2024)	FY 2024 (Dec 31, 2024)	FY 2023 (Dec 31, 2023)	FY 2022 (Dec 31, 2022)	FY 2021 (Dec 31, 2021)	FY 2020 (Dec 31, 2020)	FY 2019 (Dec 31, 2019)	FY 2018 (Dec 31, 2018)	FY 2017 (Dec 31, 2017)	FY 2016 (Dec 31, 2016)	FY 2015 (Dec 31, 2015)	FY 2014 (Dec 31, 2014)	FY 2013 (Dec 31, 2013)	FY 2012 (Jul 31, 2012)
Net Income	$-90.09M	$-50.05M	$-61.62M	$-62.49M	$-77.70M	$-78.21M	$-84.31M	$-88.33M	$-64.03M	$-66.37M	$-45.50M	$-30.93M	$-15.28M	$-5.31M
Depreciation & Amortization	-	-	-	-	-	-	-	-	-	$2.34M	$1.78M	$817.00K	$285.59K	$2.10K
Stock-based Compensation	$7.94M	$4.38M	$5.39M	$10.62M	$22.05M	$16.46M	$12.62M	$14.42M	$13.93M	$8.78M	$8.39M	$9.62M	$3.83M	$782.00K
Change in Receivables	$-1.09M	$-440.00K	$234.00K	$96.00K	$770.00K	$-1.59M	$1.36M	$-86.00K	$1.91M	$-43.00K	$-1.00K	$-54.00K	$739.50K	$590.62K
Change in Inventory	$274.00K	$50.00K	$-446.00K	$236.00K	$415.00K	$1.36M	$3.65M	$4.22M	$7.76M	-	-	-	-	$20.02K
Change in Payables	$462.00K	$794.00K	$295.00K	$2.92M	$273.00K	$-1.01M	$988.00K	$-748.00K	$1.06M	$-1.24M	$329.00K	$1.34M	$204.15K	$28.07K
Operating Cash Flow	$-48.68M	$-24.19M	$-40.20M	$-48.73M	$-47.32M	$-50.39M	$-64.79M	$-67.76M	$-55.75M	$-53.41M	$-35.13M	$-18.79M	$-9.75M	$-815.67K
Capital Expenditure	$1.54M	$509.00K	$1.03M	$554.00K	$603.00K	$1.36M	$330.00K	$998.00K	$2.97M	$2.41M	$3.66M	$-1.93M	$1.16M	$95.50K
Purchases of Investments	-	-	-	$27.51M	$30.08M	$46.93M	$50.23M	$120.56M	$82.33M	$74.08M	$12.42M	$-7.66M	$-12.01M	-
Investing Cash Flow	$-1.54M	$-509.00K	$8.66M	$12.42M	$8.30M	$13.61M	$52.81M	$-20.14M	$-25.73M	$-49.57M	$-2.67M	$-3.37M	$-13.17M	$-245.50K
Debt Repayment	-	$726.00K	-	$80.00K	$360.00K	$366.00K	-	-	-	-	-	-	-	-
Stock Issued	-	-	-	$32.87M	$42.88M	$359.00K	$1.46M	-	-	-	-	-	-	$14.42M
Stock Repurchased	-	-	-	-	-	-	-	$45.07M	-	-	-	-	-	-
Financing Cash Flow	$51.33M	$27.05M	$9.02M	$31.63M	$43.23M	$11.63M	$6.82M	$125.77M	$90.43M	$1.76M	$104.82M	$45.69M	$40.88M	$14.55M
Net Change in Cash	$1.88M	$2.96M	$-22.77M	$-4.99M	$4.12M	$-25.23M	$-5.25M	$37.75M	$9.27M	$-101.34M	$67.02M	$23.53M	$17.96M	$13.49M

SEC Filing Format - Data shown as it appears in the Q3 2024 (10-Q) filing Period ended: Sep 30, 2024

Condensed Consolidated Statements of Operations

Description	Sep 30, 2024		Sep 30, 2024
Description	Current	Prior Year	Current YTD	Prior Year YTD
Total Revenue	$2.98M	$3.30M	$8.88M	$9.03M
Cost of Revenue	$2.12M	$3.19M	$6.63M	$7.12M
Gross Profit	$856.00K	$107.00K	$2.25M	$1.92M
Operating Expenses	$9.47M	$14.76M	$29.63M	$45.22M
Research & Development	$3.84M	$7.00M	$12.91M	$19.78M
Selling General & Admin	$5.64M	$7.76M	$16.72M	$25.43M
Operating Income	$-8.62M	$-14.65M	$-27.38M	$-43.30M
Interest Expense	-	-	$33.00K	-
Other Income/Expense	$64.00K	$-29.00K	$-550.00K	$56.00K
Income Before Tax	$-14.64M	$1.04M	$-40.46M	$-48.33M
Income Tax Expense	-	$131.00K	-	$286.00K
Net Income	$-14.64M	$910.00K	$-40.46M	$-48.62M
Basic EPS	-0.59	0.06	-1.78	-4.13
Basic Shares Outstanding	$24.91M	$14.43M	$22.67M	$11.78M

Condensed Consolidated Balance Sheets

Description	Sep 30, 2024	Dec 31, 2023
Cash & Cash Equivalents	$19.69M	$12.14M
Short-term Investments	$1.22M	$1.08M
Accounts Receivable	$2.03M	$2.62M
Inventory	$2.98M	$3.31M
Other Current Assets	$990.00K	$1.52M
Total Current Assets	$27.44M	$24.47M
Property Plant & Equipment	$2.88M	$2.39M
Other Non-current Assets	$763.00K	$1.82M
Total Assets	$32.31M	$31.37M
Accounts Payable	$4.71M	$4.80M
Accrued Liabilities	$2.94M	$3.24M
Deferred Revenue	$671.00K	$1.54M
Total Current Liabilities	$18.26M	$12.03M
Other Non-current Liabilities	$2.02M	$1.16M
Total Liabilities	$80.80M	$51.25M
Common Stock	$25.00K	$14.00K
Retained Earnings	$-709.31M	$-668.86M
Total Stockholders Equity	$-48.48M	$-19.89M
Total Liabilities & Equity	$32.31M	$31.37M

Condensed Consolidated Statements of Cash Flows

Description	Sep 30, 2024		Sep 30, 2024
Description	Current	Prior Year	Current YTD	Prior Year YTD
Net Income	$-14.64M	$910.00K	$-40.46M	$-48.62M
Stock-based Compensation	-	-	$3.42M	$4.02M
Change in Receivables	-	-	$-510.00K	$283.00K
Change in Inventory	-	-	$37.00K	$-298.00K
Change in Payables	-	-	$661.00K	$218.00K
Operating Cash Flow	-	-	$-19.13M	$-32.44M
Capital Expenditure	-	-	$509.00K	$925.00K
Investing Cash Flow	-	-	$-509.00K	$8.77M
Debt Repayment	-	-	$726.00K	-
Financing Cash Flow	-	-	$27.64M	$8.91M
Net Change in Cash	-	-	$7.55M	$-14.74M

All values are in USD (United States Dollars). Data is sourced from SEC EDGAR 10-K filings.

Annual data represents full fiscal year results. FY = Fiscal Year ending.