Virgin Galactic Quarterly Balance Sheets Chart
Quarterly
|
Annual
Virgin Galactic Quarterly Balance Sheets Table
Quarterly
|
Annual
| Unit: USD | 2023-12-31 | 2023-09-30 | 2023-06-30 | 2023-03-31 | 2022-12-31 | 2022-09-30 | 2022-06-30 | 2022-03-31 | 2021-12-31 | 2021-09-30 | 2021-06-30 | 2021-03-31 | 2020-12-31 | 2020-09-30 | 2020-06-30 | 2020-03-31 | 2019-12-31 | 2019-09-30 | 2019-06-30 | 2019-03-31 | 2018-12-31 | 2018-09-30 | 2018-06-30 | 2018-03-31 | 2017-12-31 |
|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|
| assets | |||||||||||||||||||||||||
| current assets: | |||||||||||||||||||||||||
| cash and cash equivalents | 216,799,000 | 231,030,000 | 358,309,000 | 415,682,000 | 302,291,000 | 394,032,000 | 329,857,000 | 601,464,000 | 524,481,000 | 702,565,000 | 551,624,000 | 616,625,000 | 665,924,000 | 741,575,000 | 359,912,000 | 419,374,000 | 480,443,000 | ||||||||
| restricted cash | 36,793,000 | 38,031,000 | 39,726,000 | 40,408,000 | 40,336,000 | 40,328,000 | 40,207,000 | 35,361,000 | 25,549,000 | 18,078,000 | 13,031,000 | 13,031,000 | 13,031,000 | 13,268,000 | 13,266,000 | 12,278,000 | 12,278,000 | ||||||||
| marketable securities, short-term | 657,238,000 | 766,047,000 | 581,913,000 | 417,923,000 | 606,716,000 | 606,713,000 | 587,716,000 | 265,859,000 | 79,418,000 | 29,441,000 | |||||||||||||||
| inventories | 16,301,000 | 17,062,000 | 18,250,000 | 22,170,000 | 24,043,000 | 22,851,000 | 33,804,000 | 29,467,000 | 29,668,000 | 29,306,000 | 29,965,000 | 30,187,000 | 30,483,000 | 25,147,000 | 28,605,000 | 28,797,000 | 26,817,000 | ||||||||
| prepaid expenses and other current assets | 23,698,000 | 24,051,000 | 26,510,000 | 23,608,000 | 28,228,000 | 22,094,000 | 18,576,000 | 17,433,000 | 19,476,000 | 8,963,000 | 14,990,000 | 14,486,000 | 9,871,000 | 13,859,000 | 14,879,000 | ||||||||||
| total current assets | 950,829,000 | 1,076,221,000 | 1,024,708,000 | 919,791,000 | 1,001,614,000 | 1,086,018,000 | 1,010,160,000 | 949,584,000 | 678,592,000 | 788,353,000 | 609,610,000 | 674,329,000 | 727,927,000 | 789,861,000 | 415,642,000 | 475,328,000 | 536,671,000 | 122,747 | 354,107 | 472,183 | 507,501 | 886,536 | 939,122 | 1,246,143 | |
| marketable securities, long-term | 71,596,000 | 53,130,000 | 30,392,000 | 69,072,000 | 164,777,000 | 314,140,000 | 301,463,000 | 256,691,000 | |||||||||||||||||
| property, plant and equipment | 93,806,000 | 74,066,000 | 69,869,000 | 60,365,000 | 53,658,000 | ||||||||||||||||||||
| other non-current assets | 63,286,000 | 64,567,000 | 52,208,000 | 53,357,000 | 54,274,000 | 55,220,000 | 44,356,000 | 40,944,000 | 41,281,000 | 24,449,000 | 25,536,000 | 22,762,000 | 18,930,000 | 19,307,000 | 20,349,000 | ||||||||||
| total assets | 1,179,517,000 | 1,267,984,000 | 1,146,785,000 | 1,033,513,000 | 1,139,938,000 | 1,259,184,000 | 1,268,476,000 | 1,352,144,000 | 1,068,834,000 | 1,117,623,000 | 684,016,000 | 748,027,000 | 803,990,000 | 866,046,000 | 490,976,000 | 548,059,000 | 605,546,000 | 677,290,252 | 712,888,772 | 708,898,496 | 704,757,773 | 701,280,087 | 698,070,930 | 695,411,823 | |
| liabilities and stockholders' equity | |||||||||||||||||||||||||
| current liabilities: | |||||||||||||||||||||||||
| accounts payable | 32,415,000 | 27,986,000 | 24,728,000 | 25,597,000 | 16,326,000 | 19,872,000 | 12,768,000 | 9,711,000 | 9,237,000 | 7,997,000 | 3,587,000 | 3,738,000 | 5,998,000 | 8,490,000 | 8,228,000 | 8,410,000 | 7,038,000 | ||||||||
| accrued liabilities | 50,863,000 | 49,888,000 | 59,118,000 | 59,406,000 | 61,848,000 | 43,389,000 | 36,707,000 | 30,552,000 | 28,787,000 | 23,298,000 | 24,364,000 | 28,351,000 | 22,982,000 | 22,277,000 | |||||||||||
| customer deposits | 97,841,000 | 97,923,000 | 100,112,000 | 102,078,000 | 102,647,000 | 103,971,000 | 104,596,000 | 100,091,000 | 90,863,000 | 84,769,000 | 81,960,000 | 83,015,000 | 83,211,000 | 83,190,000 | 81,734,000 | 83,264,000 | 83,362,000 | ||||||||
| other current liabilities | 4,541,000 | 4,342,000 | 4,035,000 | 3,749,000 | 3,232,000 | 3,336,000 | 2,803,000 | 2,529,000 | 2,636,000 | 2,416,000 | 2,627,000 | 2,981,000 | 2,300,000 | 2,926,000 | 3,207,000 | ||||||||||
| total current liabilities | 185,660,000 | 180,139,000 | 187,993,000 | 190,830,000 | 184,053,000 | 170,568,000 | 156,874,000 | 142,883,000 | 131,523,000 | 118,480,000 | 112,538,000 | 118,085,000 | 115,021,000 | 116,036,000 | 113,698,000 | 113,392,000 | 115,845,000 | 7,205,764 | 3,226,015 | 679,932 | 582,204 | 833,474 | 661,233 | 443,242 | |
| non-current liabilities: | |||||||||||||||||||||||||
| convertible senior notes | 417,886,000 | 417,338,000 | 416,795,000 | 416,255,000 | 415,720,000 | 415,188,000 | 414,563,000 | 414,155,000 | |||||||||||||||||
| other long-term liabilities | 70,495,000 | 71,148,000 | 57,456,000 | 59,647,000 | 59,942,000 | 59,885,000 | 46,464,000 | 43,009,000 | 43,047,000 | 29,214,000 | 25,908,000 | 25,939,000 | 1,757,000 | 23,763,000 | 23,040,000 | 22,666,000 | |||||||||
| total liabilities | 674,041,000 | 668,625,000 | 662,244,000 | 666,732,000 | 659,715,000 | 645,641,000 | 617,901,000 | 600,047,000 | 174,570,000 | 147,694,000 | 238,793,000 | 328,183,000 | 141,472,000 | 139,799,000 | 136,738,000 | 136,058,000 | 137,986,000 | 31,355,764 | 27,376,015 | 24,829,932 | 24,732,204 | 24,983,474 | 24,811,233 | 24,593,242 | |
| commitments and contingencies | |||||||||||||||||||||||||
| stockholders' equity | |||||||||||||||||||||||||
| preferred stock, 0.0001 par value; 10,000,000 shares authorized; no shares issued and outstanding | |||||||||||||||||||||||||
| common stock | 40,000 | 40,000 | 34,000 | 28,000 | 28,000 | 27,000 | 26,000 | 26,000 | 26,000 | 25,000 | 23,000 | 23,000 | 23,000 | 23,000 | 21,000 | 21,000 | 20,000 | ||||||||
| additional paid-in capital | 2,631,197,000 | 2,622,776,000 | 2,404,322,000 | 2,154,123,000 | 2,111,316,000 | 2,096,901,000 | 1,987,614,000 | 1,976,445,000 | 2,019,750,000 | 2,013,171,000 | 1,439,667,000 | 1,320,228,000 | 1,057,202,000 | 1,047,246,000 | 598,337,000 | 593,582,000 | 589,158,000 | -531,870 | 1,909,250 | ||||||
| accumulated deficit | -2,126,132,000 | -2,022,148,000 | -1,917,544,000 | -1,783,180,000 | -1,623,795,000 | -1,472,975,000 | -1,327,421,000 | -1,216,700,000 | -1,123,643,000 | -1,042,846,000 | -994,478,000 | -900,438,000 | -394,712,000 | -321,075,000 | -244,125,000 | -181,607,000 | -121,677,000 | ||||||||
| accumulated other comprehensive income | 371,000 | -10,410,000 | -9,644,000 | -7,674,000 | -1,869,000 | -421,000 | 11,000 | 31,000 | 5,000 | 53,000 | 5,000 | 5,000 | 59,000 | ||||||||||||
| total stockholders' equity | 505,476,000 | 599,359,000 | 484,541,000 | 366,781,000 | 480,223,000 | 613,543,000 | 650,575,000 | 752,097,000 | 894,264,000 | 969,929,000 | 445,223,000 | 419,844,000 | 662,518,000 | 726,247,000 | 354,238,000 | 412,001,000 | 467,560,000 | ||||||||
| total liabilities and stockholders' equity | 1,179,517,000 | 1,267,984,000 | 1,146,785,000 | 1,033,513,000 | 1,139,938,000 | 1,259,184,000 | 1,268,476,000 | 1,352,144,000 | 1,068,834,000 | 1,117,623,000 | 684,016,000 | 748,027,000 | 803,990,000 | 866,046,000 | 490,976,000 | 548,059,000 | 605,546,000 | ||||||||
| preferred stock, 0.0001 par value; 10,000,000 shares authorized; none issued and outstanding | |||||||||||||||||||||||||
| accumulated other comprehensive loss | -1,309,000 | -2,271,000 | -4,190,000 | -7,326,000 | |||||||||||||||||||||
| preferred stock, 0.0001 par value; 10,000,000 authorized; none issued and outstanding | |||||||||||||||||||||||||
| current assets | |||||||||||||||||||||||||
| property, plant, and equipment | 48,874,000 | 49,183,000 | 47,476,000 | 47,498,000 | 48,130,000 | 48,870,000 | 50,936,000 | 53,148,000 | 57,255,000 | 56,027,000 | 52,382,000 | 49,333,000 | |||||||||||||
| current liabilities | |||||||||||||||||||||||||
| non-current liabilities | |||||||||||||||||||||||||
| warrant liability | 100,347,000 | 184,159,000 | |||||||||||||||||||||||
| accounts receivable | 470,000 | 461,000 | |||||||||||||||||||||||
| prepayments and other current assets | 17,949,000 | 16,672,000 | |||||||||||||||||||||||
| due from related party | 70,000 | ||||||||||||||||||||||||
| right-of-use asset | 19,914,000 | 16,927,000 | |||||||||||||||||||||||
| other noncurrent assets | 3,001,000 | 2,615,000 | |||||||||||||||||||||||
| current portion of operating lease obligation | 2,384,000 | 2,354,000 | |||||||||||||||||||||||
| current portion of finance lease obligation | 136,000 | 47,000 | |||||||||||||||||||||||
| current portion of note payable | 310,000 | ||||||||||||||||||||||||
| due to related parties | 767,000 | ||||||||||||||||||||||||
| note payable, net of current portion | 310,000 | ||||||||||||||||||||||||
| operating lease obligation, net of current portion | 24,148,000 | 21,867,000 | |||||||||||||||||||||||
| financing lease obligation, net of current portion | 236,000 | 274,000 | |||||||||||||||||||||||
| accrued expenses | 22,056,000 | 20,810,000 | 18,511,000 | ||||||||||||||||||||||
| deferred rent | |||||||||||||||||||||||||
| net parent investment | |||||||||||||||||||||||||
| cash | 48,489 | 274,295 | 326,346 | 462,162 | 804,834 | 817,157 | 1,006,776 | ||||||||||||||||||
| prepaid expenses | 74,258 | 79,812 | 145,837 | 45,339 | 81,702 | 121,965 | 239,367 | ||||||||||||||||||
| marketable securities held in trust account | 677,167,505 | 712,534,665 | 708,426,313 | 704,250,272 | 700,393,551 | 697,131,808 | |||||||||||||||||||
| liabilities and shareholders’ equity | |||||||||||||||||||||||||
| accounts payable and accrued expenses | 5,479,951 | 2,466,601 | 274,808 | 200,529 | 457,406 | 314,338 | 443,242 | ||||||||||||||||||
| advances from related party | 1,725,813 | 759,414 | 405,124 | 381,675 | 376,068 | 346,895 | |||||||||||||||||||
| deferred underwriting fees | 24,150,000 | 24,150,000 | 24,150,000 | 24,150,000 | 24,150,000 | 24,150,000 | 24,150,000 | ||||||||||||||||||
| commitments | |||||||||||||||||||||||||
| class a ordinary shares subject to possible redemption, 61,738,641 and 66,136,664 shares at redemption value at september 30, 2019 and december 31, 2018, respectively | 640,934,487 | ||||||||||||||||||||||||
| shareholders’ equity | |||||||||||||||||||||||||
| preferred shares, 0.0001 par value; 5,000,000 authorized; none issued and outstanding | |||||||||||||||||||||||||
| class a ordinary shares, 0.0001 par value; 500,000,000 shares authorized; 3,490,181 and 2,863,336 shares issued and outstanding (excluding 61,738,641 and 66,136,664 shares subject to possible redemption) at september 30, 2019 and december 31, 2018, respectively | 349 | ||||||||||||||||||||||||
| class b ordinary shares, 0.0001 par value; 50,000,000 shares authorized; 17,250,000 shares issued and outstanding | 1,725 | 1,725 | 1,725 | 1,725 | 1,725 | 1,725 | |||||||||||||||||||
| retained earnings | 4,997,927 | 4,997,966 | 4,997,990 | 4,997,990 | 4,997,989 | 5,529,860 | 3,088,744 | ||||||||||||||||||
| total shareholders’ equity | 5,000,001 | 5,000,001 | 5,000,001 | 5,000,001 | 5,000,001 | 5,000,001 | 5,000,001 | ||||||||||||||||||
| total liabilities and shareholders’ equity | 677,290,252 | 712,888,772 | 708,898,496 | 704,757,773 | 701,280,087 | 698,070,930 | 695,411,823 | ||||||||||||||||||
| class a ordinary shares subject to possible redemption, 65,899,081 and 66,136,664 shares at redemption value at june 30, 2019 and december 31, 2018, respectively | 680,512,756 | ||||||||||||||||||||||||
| class a ordinary shares, 0.0001 par value; 500,000,000 shares authorized; 3,100,919 and 2,863,336 shares issued and outstanding (excluding 65,899,081 and 66,136,664 shares subject to possible redemption) at june 30, 2019 and december 31, 2018, respectively | 310 | ||||||||||||||||||||||||
| class a ordinary shares subject to possible redemption, 66,140,585 and 66,136,664 shares at redemption value at march 31, 2019 and december 31, 2018, respectively | 679,068,563 | ||||||||||||||||||||||||
| class a ordinary shares, 0.0001 par value; 500,000,000 shares authorized; 2,859,415 and 2,863,336 shares issued and outstanding (excluding 66,140,585 and 66,136,664 shares subject to possible redemption) at march 31, 2019 and december 31, 2018, respectively | 286 | ||||||||||||||||||||||||
| due from underwriter | |||||||||||||||||||||||||
| class a ordinary shares subject to possible redemption, 66,136,664 and 66,219,742 shares at redemption value as of december 31, 2018 and 2017, respectively | 675,025,568 | ||||||||||||||||||||||||
| class a ordinary shares, 0.0001 par value; 500,000,000 shares authorized; 2,863,336 and 2,780,258 shares issued and outstanding (excluding 66,136,664 and 66,219,742 shares subject to possible redemption) as of december 31, 2018 and 2017, respectively | 286 | ||||||||||||||||||||||||
| class b ordinary shares, 0.0001 par value; 50,000,000 shares authorized; 17,250,000 shares issued and outstanding as of december 31, 2018 and 2017 | 1,725 | ||||||||||||||||||||||||
| class a ordinary shares subject to possible redemption, 66,133,484 and 66,219,742 shares at redemption value at september 30, 2018 and december 31, 2017, respectively | 671,296,612 | ||||||||||||||||||||||||
| class a ordinary shares, 0.0001 par value; 500,000,000 shares authorized; 2,866,516 and 2,780,258 shares issued and outstanding (excluding 66,133,484 and 66,219,742 shares subject to possible redemption) at september 30, 2018 and december 31, 2017, respectively | 287 | ||||||||||||||||||||||||
| class a ordinary shares subject to possible redemption, 66,142,325 and 66,219,742 shares at redemption value at june 30, 2018 and december 31, 2017, respectively | 668,259,696 | ||||||||||||||||||||||||
| class a ordinary shares, 0.0001 par value; 500,000,000 shares authorized; 2,857,675 and 2,780,258 shares issued and outstanding (excluding 66,142,325 and 66,219,742 shares subject to possible redemption) at june 30, 2018 and december 31, 2017, respectively | 286 | ||||||||||||||||||||||||
| cash and marketable securities held in trust account | 694,165,680 | ||||||||||||||||||||||||
| class a ordinary shares subject to possible redemption, 66,182,301 and 66,219,742 shares at redemption value at march 31, 2018 and december 31, 2017, respectively | 665,818,580 | ||||||||||||||||||||||||
| class a ordinary shares, 0.0001 par value; 500,000,000 shares authorized; 2,817,699 and 2,780,258 shares issued and outstanding (excluding 66,182,301 and 66,219,742 shares subject to possible redemption) at march 31, 2018 and december 31, 2017, respectively | 282 | ||||||||||||||||||||||||
| operating expenses | |||||||||||||||||||||||||
| operating costs | |||||||||||||||||||||||||
| income from operations | |||||||||||||||||||||||||
| other income: | |||||||||||||||||||||||||
| unrealized loss on marketable securities held in trust account | |||||||||||||||||||||||||
| interest income | |||||||||||||||||||||||||
| net income | |||||||||||||||||||||||||
| loss per common share: | |||||||||||||||||||||||||
| basic and diluted | |||||||||||||||||||||||||
| weighted-average number of common shares outstanding: | |||||||||||||||||||||||||
| balance sheet data | |||||||||||||||||||||||||
| cash and securities held in trust account | |||||||||||||||||||||||||
| ordinary shares subject to possible redemption |
We provide you with 20 years of balance sheets for Virgin Galactic stock, allowing you to gain comprehensive visibility into the fundamentals of the company. Our detailed breakdowns include key financial metrics such as asset and liabilities, payables and receivables, long debts and short debts, cash and inventories, expenses and profits. This in-depth information is essential for making informed investment decisions and understanding the financial health and performance of Virgin Galactic. Explore the full financial landscape of Virgin Galactic stock with our expertly curated balance sheets.
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