Feb. 11 at 8:55 AM
$ABCL Freybentos is spreading fasle information. The company's actual cash burn rate is less than
$35 million and at end of 3rd quarter they had
$625.6 million in cash and marketable securities. If you add other current assets they had
$751.3 million. See their actual balance sheet total assets increased by about
$5 million and total liabilities decreased by
$87 million. They use their cash for operating expenses, investing in new buildings, equipments and also have non cash write off for depreciation etc.... The pell grant which they received from the Canadian government is listed in their liabilities section and moved to assets section once they are finished with the buildings and equipment is received. It is then moved. This company has zero debt and enough liquidity or cash until at least 2030. Their CEO Carl Hansen is the largest shareholder and he owns about 57 million shares followed by the Baker brothers with 27.5 million shares.
https://app.quotemedia.com/data/downloadFiling?webmasterId=90423&ref=319559524&type=HTML&symbol=ABCL&companyName=AbCellera+Biologics+Inc.&formType=10-Q&formDescription=General+form+for+quarterly+reports+under+Section+13+or+15%28d%29&dateFiled=2025-11-06#ic9df010e22cb4881be2664decc3e6028_19
