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ViaCell, Inc.

ViaCell, Inc. has been acquired by a public company.
PrivCo has ceased its coverage of ViaCell, Inc. and below is the archived report.

Business Summary

ViaCell, Inc. is a privately-held health services company. ViaCell, Inc. is headquartered in Cambridge, MA.

Overview & Corporate Organization

Basic Information

Fiscal Year End:12/31
City:Cambridge
State/Province:Massachusetts
Country:United States

Industry Information

Industry Codes

PICS™:7003
NAICS:View
SIC:View

PrivCo Industries (Sector > Industry > Sub-Industry)

Healthcare > Health Care Providers & Related Medical Services

The PrivCo Industry Classification System™ (PICS) is our proprietary, modernized industry classification system, geared especially toward privately-held companies and including newer emerging sub-industries that are not reflected in other outdated industry classification systems, such as SIC and NAICS.

Charts, Financials, and Statistics (Table Format)

Below are ViaCell, Inc. financials and other business metrics displayed in table format.
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Income Statement20062005200420032002
Sales Revenue, Net - ServicesView$43,775,000$36,805,000$30,884,000$20,087,773
Revenue from GrantsView$668,000$1,469,000$996,000$286,862
Royalty RevenueView$0$3,258,000  
RevenuesView$44,443,000$38,274,000$31,880,000$20,374,635
Direct Operating CostsView$8,298,000$7,396,000$7,141,000$5,877,402
Selling and Marketing ExpensesView$24,909,000$19,497,000$20,959,000$16,578,500
Total Stock Compensation   $3,232,000$6,463,519
Other General and Administrative Expenses   $15,222,000$10,919,794
General and Administrative ExpensesView$13,835,000$15,551,000  
In - Process Research and Development   $23,925,000$5,888,713
Research and Development Expense (Excluding In - Process)View$13,653,000$16,030,000$13,226,000$11,429,043
Restructuring ChargesView$305,000$3,188,000$0$0
Royalty Expense   $3,258,000$0
Expense   $10,399,000 
Total Operating Expenses excluding costsView$61,000,000$58,404,000$86,963,000 
Cost and Operating Expenses    $57,156,971
Operating Income/(Loss)View($16,557,000)($20,130,000)($55,083,000)($36,782,336)
Interest ExpenseView$336,000$1,497,000$733,000$147,464
Interest IncomeView$2,216,000$530,000$348,000$891,772
Net Interest Income/(Expense)View$1,880,000($967,000)($385,000)$744,308
Income/(Loss) Before Cumulative Effect of Change in Accounting PrincipleView($14,677,000)($21,097,000)  
Cumulative Effect of a Change in Accounting Principle, Net of Tax EffectView$0$0  
Net Income (Loss)View($14,677,000)($21,097,000)($55,468,000)($36,038,028)
Other Preferred Stock Dividends and AdjustmentsView$986,000$13,071,000$9,416,000$8,143,606
Net Income Applicable to Common StockholdersView($15,663,000)($34,168,000)($64,884,000)($44,181,634)
Balance Sheet2006200520042003
Cash and Cash EquivalentsView$33,138,000$6,746,000$39,007,880
Short-Term InvestmentsView$27,406,000$21,339,000$7,823,852
Current Restricted CashView$162,000$162,000$0
Net Accounts Receivable TradeView$13,736,000$10,808,000$7,676,439
Prepaid ExpensesView$2,679,000$4,766,000$4,106,358
Current AssetsView$77,121,000$43,821,000$58,614,529
Net Property, Plant and EquipmentView$8,702,000$6,738,000$7,892,116
Long-Term Investments  $500,000$0
GoodwillView$3,621,000$3,621,000$3,620,750
Intangible Assets (Excluding Goodwill)View$2,823,000$3,025,000$3,274,721
Restricted CashView$1,932,000$1,953,000$2,834,109
Noncurrent Other AssetsView$31,000$1,433,000$1,924,870
AssetsView$94,230,000$61,091,000$78,161,095
Accounts PayableView$1,141,000$1,271,000$3,363,875
Accrued ExpensesView$7,706,000$7,490,000$10,011,022
Current Notes Payable - Related Parties  $15,422,000$14,280,000
Current Deferred/(Unearned) RevenueView$5,785,000$3,459,000$2,244,972
Current Portion of Long-Term DebtView$1,543,000$1,742,000$1,611,604
Current Other Liabilities   $4,245,896
Current LiabilitiesView$16,175,000$29,384,000$35,757,369
Long-Term DebtView$84,000$1,572,000$3,346,672
Commitments and ContingenciesView$8,155,000$8,155,000$3,909,104
Deferred/(Unearned) Revenue - Long-TermView$9,930,000$6,729,000$3,157,884
Other Deferred Long Term Liability ChargesView$3,876,000$1,035,000$0
LiabilitiesView$38,220,000$46,875,000$46,171,029
Redeemable Preferred Stock Obligations  $175,173,000 
Redeemable Convertible Preferred Stock Obligations   $162,141,437
Preferred Stock - Value (Excluding Additional Paid in Capital)View$0$0 
Convertible Preferred Stock - Value (Excluding Additional Paid in Capital)  $2,000$1,829
Common Stock - Value (Excluding Additional Paid in Capital)View$381,000$28,000$26,599
Additional Paid in CapitalView$229,955,000$0$1,437,260
Retained EarningsView($173,443,000)($158,766,000)($128,678,779)
Other Accumulated Comprehensive Income, Net of Tax EffectView$204,000$309,000$484,095
Deferred CompensationView$1,087,000$2,530,000$3,422,375
Stockholders' EquityView$56,010,000($160,957,000)($130,151,371)
Liabilities and Stockholders' EquityView$94,230,000$61,091,000$78,161,095
Cash Flow Statement20062005200420032002
Operating Activities Beginning Net IncomeView($14,677,000)($21,097,000)($55,468,000)($36,038,028)
Depreciation and AmortizationView$2,110,000$2,577,000$2,518,000$1,987,743
Total Adjustments to Provision for Doubtful AccountsView$515,000$248,000$777,000$158,277
Gain/(Loss) on Sale/Retirement of Property, Plant and EquipmentView($17,000)($2,155,000)  
Adjustment for Equity Based Compensation ExpenseView$2,163,000$3,429,000  
Total Adjustment Employee Compensation   $3,232,000$6,463,519
Adjustment Write Off Property Plant Equipment   $0$0
Adjustments to Cumulative Effect of a Change in Accounting Principle, Net of Tax EffectView$0$0  
Other Adjustments to Common Stockholders' Net Income - Increase/(Decrease)View$2,437,000$1,004,000$4,000$0
Noncash Expenses - OtherView$88,000$1,142,000$24,205,000$5,888,713
Change Accounts ReceivableView$3,276,000$3,376,000$2,034,000$3,212,616
Change Prepaid Expenses Other Current AssetsView($2,853,000)$615,000$2,267,000($10,465)
Increase/(Decrease) in Deferred ChargesView($873,000)($31,000)$0$0
Increase/(Decrease) in Accounts PayableView($115,000)($2,192,000)$415,000$757,354
Increase/(Decrease) in Accrued ExpensesView$51,000($2,513,000)$4,630,000$1,308,179
Increase/(Decrease) in Unearned PremiumsView$5,527,000$4,092,000$1,498,000$1,580,282
Net Cash Flows Provided By/(Used In) Operating ActivitiesView($1,434,000)($15,115,000)($22,490,000)($21,096,112)
Purchase of Property, Plant and EquipmentView$3,923,000$2,393,000$1,826,000$4,816,312
Purchase of InvestmentsView$42,099,000$36,697,000$9,688,000$15,579,979
Proceeds from Held-to-Maturity SecuritiesView$36,532,000$22,682,000  
Disposal of Investments   $15,813,000$38,973,455
Increase Decrease Restricted FundsView$0($732,000)($3,210,000) 
Increase Decrease of Restricted InvestmentsView($7,000)($85,000)  
Cash Acquired From Acquisition   $3,738,000$0
Total Increase/(Decrease) in Other Non-operating Assets, Net    ($71,631)
Proceeds from Sale of Property, Plant and EquipmentView$0$0  
Net Other Investing Activities   $1,751,000 
Net Cash Flows Provided By/(Used In) Investing ActivitiesView($9,483,000)($15,591,000)$9,496,000$18,505,533
Net Change Restricted Cash    ($3,792,909)
Proceeds from Lines of Credit   $5,000,000$4,900,000
Proceeds from Other DebtView$414,000$403,000  
Repayments on Lines of CreditView$1,674,000$1,562,000$5,452,000$1,087,050
Repayments on Notes PayableView$15,510,000$0$0$215,247
Reduction of Capital Lease ObligationsView$86,000$267,000$49,000$11,074
Proceeds from Issuance of Common Stock   $0$20,050
Proceeds Issuance Redeemable Preferred Stock   $36,887,000$1,500,000
Proceeds from Stock Options ExercisedView$1,164,000$108,000$43,000$71,342
Proceeds Issuance Initial Public OfferingView$53,249,000$0  
Net Cash Flows Provided By/(Used In) Financing ActivitiesView$37,557,000($1,318,000)$36,429,000$1,385,112
Effect of Exchange Rate on Cash and Cash EquivalentsView($248,000)($238,000)$334,000$0
Increase/(Decrease) in Cash and Cash EquivalentsView$26,392,000($32,262,000)$23,769,000($1,205,467)
Cash and cash equivalents at the beginning of the yearView$6,746,000$39,008,000$15,239,000$16,444,556
Total Cash and cash equivalents at the end of the yearView$33,138,000$6,746,000$39,008,000$15,239,089
Income Taxes PaidView$153,000$73,000  
Cash Interest ExpenseView$273,000$325,000 $183,452
Fair Value of Assets AcquiredView$56,000$140,000 $0
Supplemental Other NetView$986,000$13,071,000 $8,143,606
Notes
Financial Notes:
*ViaCell, Inc. fiscal year end: 12/31
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Charts, Financials, and Statistics (Graphs)

Below are ViaCell, Inc. financials and other business metrics displayed in table format.
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ViaCell, Inc. Sales Revenue, Net - Services ($ MM):
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ViaCell, Inc. Revenue from Grants ($ MM):
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ViaCell, Inc. Royalty Revenue ($ MM):
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ViaCell, Inc. Revenues ($ MM):
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ViaCell, Inc. Direct Operating Costs ($ MM):
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Total Stock Compensation ($ MM) Graph
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ViaCell, Inc. Restructuring Charges ($ MM):
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ViaCell, Inc. Operating Income/(Loss) ($ MM):
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ViaCell, Inc. Interest Income ($ MM):
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ViaCell, Inc. Net Interest Income/(Expense) ($ MM):
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ViaCell, Inc. Income/(Loss) Before Cumulative Effect of Change in Accounting Principle ($ MM):
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ViaCell, Inc. Net Income (Loss) ($ MM):
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ViaCell, Inc. Net Income Applicable to Common Stockholders ($ MM):
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ViaCell, Inc. Cash and Cash Equivalents ($ MM):
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ViaCell, Inc. Short-Term Investments ($ MM):
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ViaCell, Inc. Current Restricted Cash ($):
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ViaCell, Inc. Current Assets ($ MM):
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ViaCell, Inc. Restricted Cash ($ MM):
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ViaCell, Inc. Noncurrent Other Assets ($ MM):
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ViaCell, Inc. Assets ($ MM):
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ViaCell, Inc. Accounts Payable ($ MM):
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ViaCell, Inc. Accrued Expenses ($ MM):
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ViaCell, Inc. Current Deferred/(Unearned) Revenue ($ MM):
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ViaCell, Inc. Current Portion of Long-Term Debt ($ MM):
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ViaCell, Inc. Current Liabilities ($ MM):
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ViaCell, Inc. Commitments and Contingencies ($ MM):
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ViaCell, Inc. Other Deferred Long Term Liability Charges ($ MM):
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ViaCell, Inc. Liabilities ($ MM):
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Convertible Preferred Stock - Value (Excluding Additional Paid in Capital) ($) Graph

ViaCell, Inc. Common Stock - Value (Excluding Additional Paid in Capital) ($):
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ViaCell, Inc. Additional Paid in Capital ($ MM):
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ViaCell, Inc. Retained Earnings ($ MM):
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ViaCell, Inc. Other Accumulated Comprehensive Income, Net of Tax Effect ($):
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ViaCell, Inc. Deferred Compensation ($ MM):
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ViaCell, Inc. Stockholders' Equity ($ MM):
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ViaCell, Inc. Liabilities and Stockholders' Equity ($ MM):
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ViaCell, Inc. Operating Activities Beginning Net Income ($ MM):
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ViaCell, Inc. Depreciation and Amortization ($ MM):
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ViaCell, Inc. Total Adjustments to Provision for Doubtful Accounts ($ MM):
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ViaCell, Inc. Gain/(Loss) on Sale/Retirement of Property, Plant and Equipment ($ MM):
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ViaCell, Inc. Adjustment for Equity Based Compensation Expense ($ MM):
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Total Adjustment Employee Compensation ($ MM) Graph

ViaCell, Inc. Adjustments to Cumulative Effect of a Change in Accounting Principle, Net of Tax Effect ($):
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ViaCell, Inc. Other Adjustments to Common Stockholders' Net Income - Increase/(Decrease) ($ MM):
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ViaCell, Inc. Noncash Expenses - Other ($ MM):
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ViaCell, Inc. Change Accounts Receivable ($ MM):
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ViaCell, Inc. Change Prepaid Expenses Other Current Assets ($ MM):
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ViaCell, Inc. Increase/(Decrease) in Deferred Charges ($ MM):
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ViaCell, Inc. Increase/(Decrease) in Accounts Payable ($ MM):
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ViaCell, Inc. Increase/(Decrease) in Accrued Expenses ($ MM):
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ViaCell, Inc. Increase/(Decrease) in Unearned Premiums ($ MM):
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ViaCell, Inc. Net Cash Flows Provided By/(Used In) Operating Activities ($ MM):
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ViaCell, Inc. Purchase of Property, Plant and Equipment ($ MM):
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ViaCell, Inc. Purchase of Investments ($ MM):
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ViaCell, Inc. Proceeds from Held-to-Maturity Securities ($ MM):
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Disposal of Investments ($ MM) Graph

ViaCell, Inc. Increase Decrease Restricted Funds ($ MM):
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ViaCell, Inc. Increase Decrease of Restricted Investments ($):
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Cash Acquired From Acquisition ($ MM) Graph

ViaCell, Inc. Proceeds from Sale of Property, Plant and Equipment ($):
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ViaCell, Inc. Net Cash Flows Provided By/(Used In) Investing Activities ($ MM):
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Proceeds from Lines of Credit ($ MM) Graph

ViaCell, Inc. Proceeds from Other Debt ($):
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ViaCell, Inc. Repayments on Lines of Credit ($ MM):
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ViaCell, Inc. Repayments on Notes Payable ($ MM):
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ViaCell, Inc. Reduction of Capital Lease Obligations ($):
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Proceeds from Issuance of Common Stock ($) Graph
Proceeds Issuance Redeemable Preferred Stock ($ MM) Graph

ViaCell, Inc. Proceeds from Stock Options Exercised ($ MM):
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ViaCell, Inc. Proceeds Issuance Initial Public Offering ($ MM):
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ViaCell, Inc. Net Cash Flows Provided By/(Used In) Financing Activities ($ MM):
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ViaCell, Inc. Effect of Exchange Rate on Cash and Cash Equivalents ($):
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ViaCell, Inc. Increase/(Decrease) in Cash and Cash Equivalents ($ MM):
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ViaCell, Inc. Cash and cash equivalents at the beginning of the year ($ MM):
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ViaCell, Inc. Total Cash and cash equivalents at the end of the year ($ MM):
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ViaCell, Inc. Income Taxes Paid ($):
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ViaCell, Inc. Cash Interest Expense ($):
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ViaCell, Inc. Fair Value of Assets Acquired ($):
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ViaCell, Inc. Supplemental Other Net ($ MM):
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Mergers & Acquisitions

PrivCo's M&A Activity table for ViaCell, Inc. displays the mergers and acquisitions involving ViaCell, Inc., for example if ViaCell, Inc. acquired or was acquired by another entity, any leveraged buyout (LBO), etc.
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DateStatusTargetBuyerDeal TypePrice
DetailsOct. 2007CompletedViewViewAcquisitionView

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