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(Registrants telephone number, including area code)☐Written communications pursuant to Rule 425 under the Securities Act (17 CFR 230.425)Soliciting material pursuant to Rule 14a-12 under the Exchange Act (17 CFR 240.14a-12)Pre-commencement communications pursuant to Rule 14d-2(b) under the Exchange Act (17 CFR 240.14d-2(b))Pre-commencement communications pursuant to Rule 13e-4(c) under the Exchange Act (17 CFR 240.13e-4(c))Condensed Consolidated Balance SheetsDecember 31,20202019AssetsCurrent assets:Cash and cash equivalentsMarketable investmentsAccounts receivable, netInventoriesPrepaid expenses and other current assetsTotal current assetsProperty and equipment, netOperating lease right-of-use assetsFinance lease right-of-use assetsIntangible assets, netGoodwillDeferred taxesOther non-current assetsTotal assetsLiabilities and Stockholders’ EquityCurrent liabilities:Accounts payableAccrued liabilitiesCurrent operating lease liabilitiesCurrent finance lease liabilitiesTotal current liabilitiesNon-current operating lease liabilitiesNon-current finance lease liabilitiesOther non-current liabilitiesTotal liabilitiesStockholders’ equity:Preferred stock—Common stockAdditional paid-in capitalAccumulated other comprehensive income (loss)Retained earningsTotal Penumbra, Inc. stockholders’ equityNon-controlling interestTotal stockholders’ equityTotal liabilities and stockholders’ equityConsolidated Income StatementThree Months Ended December 31,Year Ended December 31,RevenueCost of revenueGross profitOperating expenses:Research and developmentSales, general and administrativeTotal operating expenses(Loss) income from operationsInterest income, netOther income (expense), net(Loss) income before income taxes(Benefit from) provision for income taxesConsolidated net income (loss)Net loss attributable to non-controlling interestNet income (loss) attributable to Penumbra, Inc.Net income (loss) attributable to Penumbra, Inc. per share:BasicDilutedWeighted average shares outstanding:Non-GAAP Revenue, Cost of Revenue, Gross Profit, Operating Expenses and Non-GAAP Operating Income (Loss)GAAP revenueGAAP revenue includes the effect of the following item:Impact of voluntary recall of Jet 7 Xtra FlexNon-GAAP revenueGAAP cost of revenueGAAP cost of revenue includes the effect of the following item:Non-GAAP cost of revenueGAAP gross profitGAAP gross profit includes the effect of the following item:Non-GAAP gross profitGAAP operating expensesGAAP total operating expenses includes the effect of the following items:Impairment loss on indefinite-lived intangible assetExpenses associated with Lightning launchNon-GAAP operating expensesGAAP operating (loss) income from operationsGAAP operating (loss) income from operations includes the effect of the following items:Non-GAAP operating income (loss)Reconciliation of GAAP Net Income (Loss) and GAAP Diluted EPS to Non-GAAP Net Income and Non-GAAP Diluted EPSThree Months Ended December 31, 2020Three Months Ended December 31, 2019Year Ended
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