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T2 Biosystems CS (TTOO)

T2 Biosystems CS (TTOO)
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Financial Summary for [[ item.sessionDateDisplayLong ]]
T2 Biosystems, Inc. is an in vitro diagnostics company. It has developed a technology platform that is designed to offer a rapid, sensitive and simple alternative to existing diagnostic methodologies. The Company uses its T2 Magnetic Resonance platform, or T2MR, that enables rapid detection of pathogens, biomarkers and other abnormalities in a variety of unpurified patient sample types, including whole blood, plasma, serum, saliva, sputum and urine, and can detect cellular targets. It operates primarily in the United States. T2 Biosystems, Inc. is headquartered in Lexington, Massachusetts.

Fiscal Year End Date: 12/31

(Values in U.S. Thousands) Dec, 2023 Dec, 2022 Dec, 2021 Dec, 2020 Dec, 2019
Sales 7,190 22,310 28,060 18,130 8,340
Sales Growth -67.77% -20.49% +54.77% +117.39% -20.57%
Net Income -50,080 -62,000 -49,240 -46,800 -59,010
Net Income Growth +19.23% -25.91% -5.21% +20.69% -15.37%
(Values in U.S. Thousands) Dec, 2023 Dec, 2022 Dec, 2021 Dec, 2020 Dec, 2019
Total Assets 34,800 34,330 60,540 79,080 28,490
Total Assets Growth +1.37% -43.29% -23.44% +177.57% -55.70%
Total Liabilities 62,830 73,980 73,440 70,350 62,490
Total Liabilities Growth -15.07% +0.74% +4.39% +12.58% +18.08%
(Values in U.S. Thousands) Dec, 2023 Dec, 2022 Dec, 2021 Dec, 2020 Dec, 2019
Operating Cash Flow -48,140 -50,630 -38,870 -43,220 -45,360
Operating Cash Flow Growth +4.92% -30.25% +10.06% +4.72% -13.00%
Net Cash Flow 4,360 -11,920 6,450 6,130 -39,770
Change in Net Cash Flow +136.58% -284.81% +5.22% +115.41% -545.35%
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