Financial Statements

Sesen Bio, Inc. (SESN)

$ 1.15
-0.10 (-8.00%)
Income Statement
Balance Sheet
Cash Flow

Income Statement

All numbers are in thousands

Retained Earning Schedule

Year 2020 2019 2018 2017 2016
Retained Earnings (Previous Year) -294-186-152-123-
Net Income -22-108-34-292
Stock Dividends -0--0-125
Dividend Paid 0----
Retained Earnings -316-294-186-152-123

PPE Schedule

Year 2020 2019 2018 2017 2016
Gross PPE 0011-
Annual Depreciation -00-0-01
Capital Expenditure -0-0-0--
Net PPE 00011

Intangible and Goodwill Schedule

Year 2020 2019 2018 2017 2016
Intangible and Goodwill (Previous Year) -77595959
New Purchases -----
Intangible and Goodwill 7759595959

Sesen Bio, Inc. income statement is the only one that provides an overview of company sales and net income
The reasoning behind the adjustment, however, is that free cash flow is meant to measure money being spent right now, not transactions that happened in the past. This makes Sesen Bio, Inc. FCF a useful instrument for identifying growing companies with high up-front costs, which may eat into earnings now but have the potential to pay off later.