Exact Sciences Corp. Files 2024 10-K

TL;DR

EXAS filed its 2024 10-K. Full financials out.

AI Summary

Exact Sciences Corp. filed its 2024 10-K on February 19, 2025, detailing its financial performance for the fiscal year ending December 31, 2024. The company, headquartered in Madison, WI, operates in the medical laboratories sector. This filing provides a comprehensive overview of its business, financial condition, and results of operations for the period.

Why It Matters

This 10-K filing provides investors and stakeholders with a detailed look at Exact Sciences Corp.'s financial health and operational performance for the 2024 fiscal year, crucial for understanding the company's trajectory and investment potential.

Risk Assessment

Risk Level: medium — 10-K filings are standard disclosures for public companies, but the inherent risks of the healthcare and diagnostics industry, coupled with Exact Sciences' specific business model, warrant a medium risk assessment.

Key Numbers

• 2024 — Fiscal Year (Reporting period for the 10-K)
• 2023 — Prior Fiscal Year (For comparative financial analysis)
• 2022 — Prior Fiscal Year (For comparative financial analysis)

Key Players & Entities

• EXACT SCIENCES CORP (company) — Filer
• 5505 ENDEAVOR LANE, MADISON, WI 53719 (location) — Business and Mail Address
• 2024-12-31 (date) — Fiscal Year End
• 2025-02-19 (date) — Filing Date

FAQ

From the Filing

0001124140-25-000020.txt : 20250219 0001124140-25-000020.hdr.sgml : 20250219 20250219171106 ACCESSION NUMBER: 0001124140-25-000020 CONFORMED SUBMISSION TYPE: 10-K PUBLIC DOCUMENT COUNT: 144 CONFORMED PERIOD OF REPORT: 20241231 FILED AS OF DATE: 20250219 DATE AS OF CHANGE: 20250219 FILER: COMPANY DATA: COMPANY CONFORMED NAME: EXACT SCIENCES CORP CENTRAL INDEX KEY: 0001124140 STANDARD INDUSTRIAL CLASSIFICATION: SERVICES-MEDICAL LABORATORIES [8071] ORGANIZATION NAME: 08 Industrial Applications and Services IRS NUMBER: 204782291 STATE OF INCORPORATION: DE FISCAL YEAR END: 1231 FILING VALUES: FORM TYPE: 10-K SEC ACT: 1934 Act SEC FILE NUMBER: 001-35092 FILM NUMBER: 25641627 BUSINESS ADDRESS: STREET 1: 5505 ENDEAVOR LANE CITY: MADISON STATE: WI ZIP: 53719 BUSINESS PHONE: 608-284-5700 MAIL ADDRESS: STREET 1: 5505 ENDEAVOR LANE CITY: MADISON STATE: WI ZIP: 53719 FORMER COMPANY: FORMER CONFORMED NAME: EXACT CORP DATE OF NAME CHANGE: 20000919 10-K 1 exas-20241231.htm 10-K exas-20241231 0001124140 FALSE 2024 FY http://fasb.org/us-gaap/2024#BaseRateMember P3Y P3Y http://fasb.org/us-gaap/2024#OtherAssetsNoncurrent http://fasb.org/us-gaap/2024#OtherAssetsNoncurrent http://fasb.org/us-gaap/2024#OtherLiabilitiesCurrent http://fasb.org/us-gaap/2024#OtherLiabilitiesCurrent http://fasb.org/us-gaap/2024#OtherLiabilitiesNoncurrent http://fasb.org/us-gaap/2024#OtherLiabilitiesNoncurrent http://fasb.org/us-gaap/2024#OtherOperatingIncomeExpenseNet http://fasb.org/srt/2024#ChiefExecutiveOfficerMember iso4217:USD xbrli:shares iso4217:USD xbrli:shares xbrli:pure exas:item exas:position exas:reportable_segment 0001124140 2024-01-01 2024-12-31 0001124140 2024-06-30 0001124140 2025-02-18 0001124140 2024-12-31 0001124140 2023-12-31 0001124140 2023-01-01 2023-12-31 0001124140 2022-01-01 2022-12-31 0001124140 us-gaap:CommonStockMember 2021-12-31 0001124140 us-gaap:AdditionalPaidInCapitalMember 2021-12-31 0001124140 us-gaap:AccumulatedOtherComprehensiveIncomeMember 2021-12-31 0001124140 us-gaap:RetainedEarningsMember 2021-12-31 0001124140 2021-12-31 0001124140 us-gaap:CommonStockMember 2022-01-01 2022-12-31 0001124140 us-gaap:AdditionalPaidInCapitalMember 2022-01-01 2022-12-31 0001124140 us-gaap:RetainedEarningsMember 2022-01-01 2022-12-31 0001124140 us-gaap:AccumulatedOtherComprehensiveIncomeMember 2022-01-01 2022-12-31 0001124140 us-gaap:CommonStockMember 2022-12-31 0001124140 us-gaap:AdditionalPaidInCapitalMember 2022-12-31 0001124140 us-gaap:AccumulatedOtherComprehensiveIncomeMember 2022-12-31 0001124140 us-gaap:RetainedEarningsMember 2022-12-31 0001124140 2022-12-31 0001124140 us-gaap:CommonStockMember 2023-01-01 2023-12-31 0001124140 us-gaap:AdditionalPaidInCapitalMember 2023-01-01 2023-12-31 0001124140 us-gaap:RetainedEarningsMember 2023-01-01 2023-12-31 0001124140 us-gaap:AccumulatedOtherComprehensiveIncomeMember 2023-01-01 2023-12-31 0001124140 us-gaap:CommonStockMember 2023-12-31 0001124140 us-gaap:AdditionalPaidInCapitalMember 2023-12-31 0001124140 us-gaap:AccumulatedOtherComprehensiveIncomeMember 2023-12-31 0001124140 us-gaap:RetainedEarningsMember 2023-12-31 0001124140 us-gaap:CommonStockMember 2024-01-01 2024-12-31 0001124140 us-gaap:AdditionalPaidInCapitalMember 2024-01-01 2024-12-31 0001124140 us-gaap:RetainedEarningsMember 2024-01-01 2024-12-31 0001124140 us-gaap:AccumulatedOtherComprehensiveIncomeMember 2024-01-01 2024-12-31 0001124140 us-gaap:CommonStockMember 2024-12-31 0001124140 us-gaap:AdditionalPaidInCapitalMember 2024-12-31 0001124140 us-gaap:AccumulatedOtherComprehensiveIncomeMember 2024-12-31 0001124140 us-gaap:RetainedEarningsMember 2024-12-31 0001124140 us-gaap:ConvertibleNotesPayableMember 2024-01-01 2024-12-31 0001124140 us-gaap:ConvertibleNotesPayableMember 2023-01-01 2023-12-31 0001124140 us-gaap:ConvertibleNotesPayableMember 2022-01-01 2022-12-31 0001124140 us-gaap:RestrictedStockMember 2024-01-01 2024-12-31 0001124140 us-gaap:RestrictedStockMember 2023-01-01 2023-12-31 0001124140 us-gaap:RestrictedStockMember 2022-01-01 2022-