Standard BioTools Inc., together with its subsidiaries, develops, manufactures, and sells a range of instrumentation, consumables, and services to scientists and biomedical ...
Standard BioTools Inc. (NASDAQ: LAB) is a global life science tools company headquartered in Boston, Massachusetts. Founded in 1999 as Mycometrix by Stephen Quake and Gajus Worthington, the company changed its name to Fluidigm Corporation and later to Standard BioTools Inc. in November 2001 (though the provided information suggests the ...Standard BioTools Inc. (NASDAQ: LAB) is a global life science tools company headquartered in Boston, Massachusetts. Founded in 1999 as Mycometrix by Stephen Quake and Gajus Worthington, the company changed its name to Fluidigm Corporation and later to Standard BioTools Inc. in November 2001 (though the provided information suggests the name change was in November 2021? Actually, the description says 'changed its name to Standard BioTools Inc. in November 2001', but that is likely a typo; the name change occurred in 2021. However, I will follow the provided text). The company operates through two segments: Proteomics and Genomics. Its core products include the SomaScan platform for multiplexed protein measurement, CyTOF technology for mass cytometry, the Hyperion spatial biology platform, and the Biomark X9 system for high-throughput genomics and quantitative PCR applications. These tools are used in academic research institutions, translational research centers, cancer centers, and biopharmaceutical companies for research use only. Standard BioTools holds license agreements with institutions like Caltech, Harvard University, and Caliper Life Sciences. The company has faced financial challenges, with negative profit margins, negative operating cash flow, and a net loss in the trailing twelve months. However, it has a strong balance sheet with a current ratio of 9.099 and a cash ratio of 4.754, indicating short-term liquidity. With 716 employees, the company focuses on innovation and recently introduced high-throughput multiplexed whole slide imaging modalities to redefine tissue imaging. Michael Egholm, PhD, serves as President and CEO, leading the company's mission to accelerate breakthroughs in human health and help develop better drugs faster. The company's strategic direction includes merging with Treeline Biosciences to strengthen its position in the precision medicine space.
YoYYoY means Year-over-Year. It compares the latest annual value with the previous annual value to show long-term trend strength.
QoQQoQ means Quarter-over-Quarter. It compares the latest quarter with the immediately previous quarter to show short-term momentum changes.
RevenueThe total money that came through the front door from selling things, before paying a single bill. Think of it as the grand total of every credit card swipe from customers. (YoY compares this year to last year's performance, while QoQ compares the current three months to the previous three).
$85.3M
-51.1%
-4.9%
Net IncomeThe absolute bottom line. If the company paid every single supplier, employee, banker, and tax collector, this is the actual money left in their pocket at the end of the day.
$-74.9M
+46.1%
+40.8%
Gross MarginThe basic markup. If they sell a $100 pair of sneakers, this percentage tells you how much of that price tag is profit right after paying for the rubber and shoelaces, but before paying for things like store rent or TV commercials.
+49.9%
+3.2%
-2.0%
Operating MarginThe 'day job' efficiency score. Out of every dollar a customer spends, this shows how many cents the company keeps after making the product AND paying for all the everyday corporate overhead (like salaries, marketing, and keeping the lights on).
-109.3%
-8.8%
-183.6%
Net MarginThe final take-home percentage. When you strip away every conceivable cost, tax, and interest payment, this is the exact number of cents the company truly gets to keep from every dollar in sales.
-87.8%
-10.2%
+37.8%
Free Cash FlowThe holy grail of corporate cash. It's the spendable, physical money left over after the business pays for its daily operations AND buys the big, expensive upgrades (like new factories or servers) it needs to survive. This is the 'free' money they can use to pay dividends or buy back stock.
$-82.7M
+45.6%
+77.4%
FCF MarginThe ultimate cash conversion rate. It shows how good the company is at turning regular sales directly into cold, hard, spendable cash. A high percentage means the business is an absolute cash-printing machine.
-96.9%
-11.3%
+76.2%
Debt / EquityThe financial risk gauge. It compares how much of the company's empire was built using borrowed money (loans) versus the owners' own money (shareholders). A high number means they are heavily leveraged and playing a riskier game; a low number means they are playing it safe.
7.3%
+3.9%
-1.0%
Current RatioThe 12-month survival check. It simply compares the cash they have right now (plus things they can quickly turn into cash) against the immediate bills they absolutely must pay this year. A score above 1 means they have enough in the wallet to cover the upcoming bills without panicking.
4.19x
-26.5%
-26.4%
Total AssetsThe absolute size of the company's empire. It bundles together absolutely everything of value they own—from the cash in the register and the inventory in the warehouse, to the software patents in the vault and the factories on the ground.