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CONSOLIDATED BALANCE SHEETS - USD ($)
$ in Thousands
Dec. 31, 2024
Dec. 31, 2023
Current assets:    
Cash and cash equivalents $ 20,266 $ 11,647
Short-term investments 60,186 54,205
Accounts receivable, net 29,777 35,500
Current inventories 38,150 39,868
Prepaid and other current assets 3,643 3,221
Total current assets 152,022 144,441
Non-current assets:    
Property and equipment, net 7,154 8,640
Operating lease right-of-use assets 8,384 10,713
Goodwill 1,316 1,316
Restricted cash 1,095 1,712
Non-current inventories 14,145 19,501
Other assets 16,801 11,425
Total assets 200,917 197,748
Current liabilities:    
Accounts payable 21,695 23,842
Accrued liabilities 18,943 19,225
Debt – current 19,297 20,000
Operating lease liabilities – current 2,275 2,452
Deferred revenue 1,398 2,002
Total current liabilities 63,608 67,521
Non-current liabilities:    
Debt – non-current 64,862 59,796
Operating lease liabilities – non-current 11,663 13,751
Other non-current liabilities 3,888 3,236
Total liabilities 144,021 144,304
Commitments and contingencies
Stockholders' equity:    
Preferred stock, $0.001 par value; 5,000 shares authorized, issuable in series; zero shares issued and outstanding at December 31, 2024 and 2023, respectively
Common stock, $0.001 par value; 400,000 and 400,000 shares authorized; 185,766 and 181,248 shares issued and outstanding at December 31, 2024 and 2023, respectively 186 181
Additional paid-in capital 1,121,887 1,098,353
Accumulated other comprehensive loss (400) (1,274)
Accumulated deficit (1,065,528) (1,044,610)
Total Cerus Corporation stockholders' equity 56,145 52,650
Noncontrolling interest 751 794
Total liabilities and stockholders' equity $ 200,917 $ 197,748