Accelerate Diagnostics, Inc financial data

Symbol
AXDX on Nasdaq
Industry
Laboratory Analytical Instruments
Location
3950 S. Country Club Road #470, Building 3 307, Tucson, Arizona
State of incorporation
Delaware
Fiscal year end
December 31
Former names
ACCELR8 TECHNOLOGY CORP (to 12/26/2012)
Latest financial report
Q1 2024 - May 13, 2024

Key Ratios

Label TTM Value / Value Unit Change %
Current Ratio 103 % +29.4%
Quick Ratio 12.7 % +60.9%
Debt-to-equity -227 % +21.4%
Return On Equity 198 % -0.08%
Return On Assets -156 % -48.6%
Operating Margin -395 % +20.8%

Shares

Label TTM Value / Value Unit Change %
Entity Common Stock, Shares Outstanding 21.7M shares -78.3%
Common Stock, Shares, Outstanding 21.8M shares -78.1%
Entity Public Float 60.9M USD +14.9%
Common Stock, Value, Issued 21K USD
Weighted Average Number of Shares Outstanding, Basic 19.2M shares +95.5%
Weighted Average Number of Shares Outstanding, Diluted 19.2M shares +95.5%

Income Statement

Label TTM Value / Value Unit Change %
Revenue from Contract with Customer, Excluding Assessed Tax 12.2M USD -3.48%
Research and Development Expense 23.6M USD -15.4%
Costs and Expenses 50.4M USD -24.2%
Operating Income (Loss) -48.1M USD +23.6%
Nonoperating Income (Expense) -10.1M USD -244%
Income (Loss) from Continuing Operations before Income Taxes, Noncontrolling Interest -58.2M USD +11.7%
Income Tax Expense (Benefit) 850K USD
Net Income (Loss) Attributable to Parent -59.1M USD +10.3%
Earnings Per Share, Basic -3.97 USD/shares +35%
Earnings Per Share, Diluted -3.97 USD/shares +35%

Balance Sheet

Label TTM Value / Value Unit Change %
Cash and Cash Equivalents, at Carrying Value 14.6M USD -50.3%
Cash, Cash Equivalents, and Short-term Investments 15.8M USD -50.5%
Inventory, Net 3.25M USD -38.3%
Other Assets, Current 1.85M USD +17.3%
Assets, Current 24.1M USD -43.7%
Property, Plant and Equipment, Net 3.2M USD -0.59%
Operating Lease, Right-of-Use Asset 957K USD -43.6%
Other Assets, Noncurrent 1.21M USD +10.5%
Assets 30.7M USD -39.8%
Accounts Payable, Current 5.11M USD +44.9%
Accrued Liabilities, Current 3.35M USD -30.7%
Contract with Customer, Liability, Current 1.27M USD +172%
Liabilities, Current 16.1M USD -76.3%
Contract with Customer, Liability, Noncurrent 1.11M USD
Operating Lease, Liability, Noncurrent 328K USD -74.9%
Other Liabilities, Noncurrent 1.2M USD +13.5%
Liabilities 56.5M USD -37%
Accumulated Other Comprehensive Income (Loss), Net of Tax -618K USD +2.06%
Retained Earnings (Accumulated Deficit) -683M USD -9.46%
Stockholders' Equity Attributable to Parent -25.8M USD +33.4%
Liabilities and Equity 30.7M USD -39.8%

Popular Metrics

Label TTM Value / Value Unit Change %
Net Cash Provided by (Used in) Operating Activities -8.45M USD +36.8%
Net Cash Provided by (Used in) Financing Activities 11.4M USD
Net Cash Provided by (Used in) Investing Activities -513K USD -106%
Common Stock, Shares Authorized 450M shares +125%
Common Stock, Shares, Issued 21.8M shares -78.1%
Common Stock, Par or Stated Value Per Share 0 USD/shares 0%
Cash, Cash Equivalents, Restricted Cash and Restricted Cash Equivalents, Period Increase (Decrease), Including Exchange Rate Effect 2.47M USD
Cash, Cash Equivalents, Restricted Cash and Restricted Cash Equivalents 14.6M USD -50.3%
Interest Paid, Excluding Capitalized Interest, Operating Activities 10K USD
Deferred Tax Assets, Valuation Allowance 140M USD +1.01%
Effective Income Tax Rate Reconciliation, at Federal Statutory Income Tax Rate, Percent 0.21 pure 0%
Deferred Tax Assets, Gross 148M USD +6.52%
Operating Lease, Liability 1.27M USD -42.1%
Depreciation 858K USD +6.98%
Comprehensive Income (Loss), Net of Tax, Attributable to Parent -59M USD +10.8%
Lessee, Operating Lease, Liability, to be Paid 1.33M USD -43.9%
Property, Plant and Equipment, Gross 14.5M USD
Operating Lease, Liability, Current 940K USD +6.58%
Lessee, Operating Lease, Liability, to be Paid, Year Two 0 USD -100%
Lessee, Operating Lease, Liability, to be Paid, Year One 583K USD -44.5%
Operating Lease, Weighted Average Discount Rate, Percent 0.07 pure 0%
Deferred Income Tax Expense (Benefit) 0 USD
Lessee, Operating Lease, Liability, Undiscounted Excess Amount 65K USD -64.9%
Lessee, Operating Lease, Liability, to be Paid, Year Three 0 USD
Deferred Tax Assets, Operating Loss Carryforwards 103M USD +9.24%
Preferred Stock, Shares Issued 0 shares
Deferred Federal Income Tax Expense (Benefit) 0 USD
Current Income Tax Expense (Benefit) 850K USD
Preferred Stock, Shares Authorized 5M shares 0%
Unrecognized Tax Benefits 8.84M USD
Lessee, Operating Lease, Liability, to be Paid, Year Four 0 USD
Operating Lease, Payments 937K USD +7.58%
Preferred Stock, Shares Outstanding 0 shares -100%
Current State and Local Tax Expense (Benefit) 54K USD +184%
Current Federal Tax Expense (Benefit) 0 USD
Depreciation, Depletion and Amortization 1.28M USD -20%
Deferred Tax Assets, Net of Valuation Allowance 8.32M USD +1212%
Share-based Payment Arrangement, Expense 6.13M USD -25.3%
Deferred State and Local Income Tax Expense (Benefit) 0 USD
Interest Expense 8.91M USD -45.1%
Preferred Stock, Par or Stated Value Per Share 0 USD/shares 0%