XML 14 R4.htm IDEA: XBRL DOCUMENT v3.23.3
Condensed Consolidated Statements of Operations and Comprehensive Loss - USD ($)
shares in Thousands, $ in Thousands
3 Months Ended 9 Months Ended
Sep. 30, 2023
Sep. 30, 2022
Sep. 30, 2023
Sep. 30, 2022
Total revenue $ 55,430 $ 66,398 [1] $ 216,700 $ 379,421 [1]
Costs and operating expenses:        
Research and development 156,662 261,460 [1] 463,583 875,095 [1]
General and administrative 82,028 435,221 [1] 295,802 1,308,416 [1]
Operating Lease, Impairment Loss 96,210 0 96,210 0
Total operating expenses 341,823 721,336 [1] 902,989 2,357,509 [1]
Loss from operations (286,393) (654,938) [1],[2] (686,289) (1,978,088) [1],[2]
Other (expense) income:        
Interest income, net 15,020 6,380 [1] 43,914 8,821 [1]
Loss on equity method investments 0 (22,711) [1] (1,516) (53,764) [1]
Loss on investments (36,324) (1,758) [1] (44,815) (39,981) [1]
Change in fair value of warrant liabilities 1,891 (12,445) [1] (1,387) 96,099 [1],[3]
Gain on deconsolidation of subsidiaries 0 15,989 [1] 0 31,889 [1],[3]
Other income (expense), net 2,893 (676) [1] 9,045 1,473 [1]
Total other (expense) income, net (16,520) (15,221) [1] 5,241 44,537 [1]
Loss before income taxes (302,913) (670,159) [1] (681,048) (1,933,551) [1]
Income tax (benefit) provision (22) (28) [1] 127 (257) [1]
Net Loss (302,891) (670,131) [1] (681,175) (1,933,294) [1],[3]
Loss attributable to non-controlling interest 0 0 [1] 0 (3,833) [1]
Net loss attributable to Ginkgo Bioworks Holdings, Inc. stockholders $ (302,891) $ (670,131) [1] $ (681,175) $ (1,929,461) [1]
Net loss per share attributable to Ginkgo Bioworks Holdings, Inc. common stockholders, basic (in dollars per share) $ (0.16) $ (0.41) [1] $ (0.35) $ (1.19) [1]
Net loss per share attributable to Ginkgo Bioworks Holdings, Inc. common stockholders, diluted (in dollars per share) $ (0.16) $ (0.41) [1] $ (0.35) $ (1.19) [1]
Weighted average common shares outstanding, basic (in shares) 1,950,814 1,630,911 [1] 1,933,202 1,619,790 [1]
Weighted average common shares outstanding, diluted (in shares) 1,950,814 1,630,911 [1] 1,933,202 1,619,790 [1]
Comprehensive loss:        
Net loss $ (302,891) $ (670,131) [1] $ (681,175) $ (1,933,294) [1],[3]
Other comprehensive loss:        
Foreign currency translation adjustment (1,599) (2,414) [1] (267) (6,195) [1]
Total other comprehensive loss (1,599) (2,414) [1] (267) (6,195) [1]
Comprehensive loss (304,490) (672,545) [1] (681,442) (1,939,489) [1]
Cell Engineering        
Total revenue [4] 37,176 24,679 [1] 116,555 90,409 [1]
Product        
Total revenue 6,495 5,190 [1] 28,949 23,024 [1]
Costs and operating expenses:        
Cost of Biosecurity revenue 906 2,660 [1] 7,481 13,199 [1]
Service        
Total revenue 11,759 36,529 [1] 71,196 265,988 [1]
Costs and operating expenses:        
Cost of Biosecurity revenue $ 6,017 $ 21,995 [1] $ 39,913 $ 160,799 [1]
[1] As adjusted to reflect the impact of the adoption of Accounting Standards Codification Topic 842, Leases (“ASC 842”) as of January 1, 2022. See Note 1 for a summary of the adjustments.
[2] As adjusted to reflect the impact of the adoption of ASC 842 as of January 1, 2022. See Note 1 for a summary of the adjustments.
[3] As adjusted to reflect the impact of the adoption of ASC 842 as of January 1, 2022. See Note 1 for a summary of the adjustments.
[4] Includes related party revenue of $8,727 and $10,032 for the three months ended September 30, 2023 and 2022, respectively, and $19,912 and $31,557 for the nine months ended September 30, 2023 and 2022, respectively.