![CODEXIS, INC. [CDXS] reports annual net loss of $76,240,000.0](/_next/image?url=https%3A%2F%2F10kinfo-appdata.s3.us-west-2.amazonaws.com%2Fedgar0105%2FCompanyLogos%2FUS%2FCDXS.png&w=3840&q=75)
CODEXIS, INC. [CDXS] reports annual net loss of $76,240,000.0
Company Reports Revenue of $70.1 million
CODEXIS, INC. [CDXS] has reported a net loss of $76,240,000.0 for year ended Dec 31, 2023.
The Company said in a filing before the Securities and Exchange Commission that its total revenue for the year was $70.1 million
Based in REDWOOD CITY, California, CODEXIS, INC. operates in the MANUFACTURING sector.
The consolidated income statement for the annual period ended December 31, 2023, reflects a total revenue of $70.14 million, compared to $138.59 million in 2022 and $104.75 million in 2021. This represents a significant decrease from the previous year's revenue.
Costs and operating expenses for the same period show a total of $138.21 million, with the cost of product revenue at $12.81 million, research and development expenses at $58.89 million, selling, general and administrative expenses at $53.25 million, restructuring charges at $3.28 million, and asset impairment and other charges at $9.98 million. These figures indicate a higher cost structure compared to the previous year.
