Private company
Talis Biomedical Corp
American laboratory analytical instruments company, incorporated in Delaware. Summary from the record
Last updated Oct 19, 2026.
Overview
- IndustryLaboratory Analytical Instruments1
- HeadquartersChicago, Illinois1
- Incorporated inDE2
- Business address1375 West Fulton Market, Suite 700, Chicago, Il 606072
- Filer category, Emerging growth company2
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All references to “Talis Biomedical,” “Talis,” “the Company,” “we,” “our,” and “us” in this Annual Report refer to Talis Biomedical Corporation.3 From its latest annual report
Financials
From the company’s reports to the SEC. Every number links to the filing it came from.
Key numbers, fiscal 2023
Where the money goes
Where each dollar of revenue went, fiscal 2023
- Cost of revenue0¢$41.0K
- Research and development59¢$40.7M
- Selling, general and admin41¢$28.2M
Out of $2.1M in revenue.4 The company lost money this year.
Financial statements
| Fiscal year | 2019 | 2020 | 2021 | 2022 | 2023 |
|---|---|---|---|---|---|
| Revenue | $8.2M5 | $4.8M4 | $2.1M4 | ||
| Cost of revenue | $05 | $8.4M4 | $41.0K4 | ||
| Research and development | $89.0M6 | $157.6M5 | $70.8M4 | $40.7M4 | |
| Selling, general and admin | $13.1M6 | $42.4M5 | $40.7M4 | $28.2M4 | |
| Operating expenses | $200.0M6 | $120.0M4 | $68.9M4 | ||
| Operating income | -$91.2M6 | -$191.8M5 | -$115.1M4 | -$66.8M4 | |
| Income tax | $06 | $05 | $04 | $04 | |
| Net income | -$91.1M6 | -$192.0M5 | -$113.0M4 | -$62.0M4 | |
| Earnings per share | -$8.485 | -$62.774 | -$34.124 | ||
| Earnings per share (diluted) | -$8.485 | -$62.774 | -$34.124 | ||
| Shares (weighted, basic) | 22.7M shares5 | 1.8M shares4 | 1.8M shares4 | ||
| Shares (weighted, diluted) | 22.7M shares5 | 1.8M shares4 | 1.8M shares4 |
| Fiscal year | 2019 | 2020 | 2021 | 2022 | 2023 |
|---|---|---|---|---|---|
| Cash | $21.6M6 | $138.5M6 | $232.5M5 | $130.2M4 | $76.7M4 |
| Current assets | $188.7M6 | $236.1M5 | $133.3M4 | $77.7M4 | |
| Property, plant and equipment | $10.5M5 | $3.3M4 | $3.0M4 | ||
| Total assets | $198.4M6 | $265.8M5 | $169.3M4 | $94.7M4 | |
| Accounts payable | $5.1M5 | $3.8M4 | $1.3M4 | ||
| Current liabilities | $16.0M6 | $19.1M5 | $12.7M4 | $8.8M4 | |
| Total liabilities | $16.0M6 | $31.9M5 | $42.6M4 | $25.6M4 | |
| Retained earnings | -$364.9M5 | -$478.0M4 | -$540.0M4 | ||
| Shareholders’ equity | -$21.1M6 | -$108.6M5 | $234.0M4 | $126.7M4 | $69.1M4 |
| Shares outstanding | 2.1M shares6 | 26.4M shares5 | 1.8M shares4 | 1.8M shares4 |
Cash flow is reported year to date, not quarter by quarter, so there are no separate quarterly figures.
| Fiscal year | 2019 | 2020 | 2021 | 2022 | 2023 |
|---|---|---|---|---|---|
| Cash from operations | -$87.0M6 | -$171.4M5 | -$100.1M4 | -$53.2M4 | |
| Depreciation and amortization | $1.6M5 | $8.8M4 | $770.0K4 | ||
| Stock-based compensation | $9.2M5 | $5.4M4 | $4.4M4 | ||
| Capital spending | $8.2M6 | $2.9M5 | $1.6M4 | $486.0K4 | |
| Free cash flow | -$95.2M | -$174.2M | -$101.8M | -$53.7M | |
| Cash from investing | -$2.9M5 | -$1.6M4 | -$486.0K4 | ||
| Cash from financing | $234.4M5 | $406.0K4 | $33.0K4 |
Leadership
Who has led Talis Biomedical Corp, and when. Pick a name to see everywhere that person has worked.
Chief executive
Chief financial officer
Chief operating officer
- Chief executive officerBrian Coe Feb 11, 2021 to Feb 19, 20219
- Chief executive officerKimberly J. Popovits Aug 31, 2021 to Aug 31, 202110
- Chief executive officerBrian J. Blaser Dec 2, 2021 to Dec 2, 202111
- PresidentAndrew A. Lukowiak Aug 2, 2023 to Aug 2, 202312
- PresidentBrian J. Blaser Dec 2, 2021 to Dec 2, 202111
- Chief financial officerRebecca Markovich Apr 25, 2023 to Jul 18, 202313
- Chief operating officerDouglas Liu Oct 5, 2021 to Oct 5, 202114
Board members and other officers (17)
- Sr. Vice President, OperationsDouglas Liu Feb 11, 2021 to Feb 19, 202115
- Chief of Staff, Sr. VP, LegalKaren E. Flick Feb 11, 2021 to Feb 19, 202116
- Sr. Vice President, R&DRamesh Ramakrishnan Feb 11, 2021 to Feb 19, 202117
- Board memberPatricia Ferrari Aug 7, 2024 to Aug 7, 202418
- Board memberHeiner Dreismann May 23, 2023 to Jun 12, 202319
- Board memberBrian Coe Feb 11, 2021 to Feb 19, 20219
- Board memberFelix Baker Feb 11, 2021 to Jun 13, 202320
- Board memberJulian Baker Feb 11, 2021 to Jun 13, 202320
- Board memberKimberly J. Popovits Feb 11, 2021 to Jun 12, 202321
- Board memberL.p. 667 Feb 11, 2021 to Jun 13, 202320
- Board memberMatthew L. Posard Feb 11, 2021 to Jun 12, 202322
- Board memberMelissa Gilliam Feb 11, 2021 to Jun 12, 202323
- Board memberRandal W. Scott Feb 11, 2021 to Jun 12, 202324
- Board memberRaymond Cheong Feb 11, 2021 to Mar 10, 202325
- Board memberRustem F. Ismagilov Feb 11, 2021 to Jun 12, 202326
- Board memberJeryl L. Hilleman Mar 18, 2021 to Mar 18, 202127
- Board memberBrian J. Blaser Dec 2, 2021 to Dec 2, 202111
Former names
- SlipChip CorpAug 20, 2013 to Oct 17, 20172
Timeline
Filings
123 filings to the SEC since October 2021: 3 annual reports, 9 quarterly reports, 37 major events, 38 insider forms, 12 large holders, 24 other. The latest 20:
- Oct 10, 2024SC 13D/A EDGAR
- Sep 30, 202415-12G EDGAR
- Sep 17, 20248-K EDGAR
- Sep 9, 20244 EDGAR
- Sep 9, 2024S-8 POS EDGAR
- Sep 9, 2024S-8 POS EDGAR
- Sep 9, 2024S-8 POS EDGAR
- Sep 9, 2024S-8 POS EDGAR
- Sep 6, 20248-K EDGAR
- Sep 5, 20244 EDGAR
- Sep 5, 20248-K/A EDGAR
- Sep 4, 20244 EDGAR
- Sep 3, 20248-K EDGAR
- Aug 28, 20244 EDGAR
- Aug 23, 20248-K EDGAR
- Aug 19, 202410-Q EDGAR
- Aug 14, 2024SC 13G/A EDGAR
- Aug 14, 20243 EDGAR
- Aug 14, 2024SC 13G EDGAR
- Aug 14, 2024NT 10-Q EDGAR
The 123 filings since October 2021 can be filtered by form type and year here when JavaScript is on.
Every filing from the last five years, summarized. The full record is on SEC EDGAR.
Insider trades
7 open-market trades by officers, directors and large owners since October 2021: 7 buys and 0 sales. Grants, option exercises and gifts are left out.
| Date | Who | Trade | Shares | Price | Value | Filing |
|---|---|---|---|---|---|---|
| Sep 6, 2024 | Leonard Braden Michael10% owner | Buy | 25,000 | $1.48 | $37.0K | Form 4 |
| Sep 5, 2024 | Leonard Braden Michael10% owner | Buy | 5,100 | $1.40 | $7.1K | Form 4 |
| Sep 3, 2024 | Leonard Braden Michael10% owner | Buy | 500 | $4.00 | $2.0K | Form 4 |
| Aug 30, 2024 | Leonard Braden Michael10% owner | Buy | 151 | $4.25 | $642 | Form 4 |
| Aug 28, 2024 | Leonard Braden Michael10% owner | Buy | 1,215 | $3.96 | $4.8K | Form 4 |
| Aug 26, 2024 | Leonard Braden Michael10% owner | Buy | 13,167 | $3.90 | $51.4K | Form 4 |
| Nov 18, 2021 | BAKER BROS. ADVISORS LPDirector | Buy | 50,000 | $4.37 | $218.5K | Form 4 |
From Forms 4 filed with the SEC.
Major holders
Investors who own more than 5% of the shares must tell the SEC: a 13D if they may seek to influence the company, a 13G if they hold passively.
- BAKER BROS. ADVISORS LPSC 13D/A, 3 filings Jun 13, 2022 to Oct 10, 202428
- BML Investment Partners, L.P.SC 13G/A, 2 filings Aug 14, 202429
- GREENLIGHT CAPITAL INCSC 13G/A, 3 filings Feb 14, 2022 to Feb 14, 202430
- ArrowMark Colorado Holdings LLCSC 13G/A, 3 filings Feb 14, 2022 to Feb 15, 202331
- Boxer Capital, LLCSC 13G/A, 1 filing Feb 14, 202232
Sources
The numbers on this page point here. Each one links to the record it came from.
- 1
- 2
- 3
- 4
- 5
- 6
- 7
- 8
- 9SEC EDGARBrian Coe, Chief executive officer
- 10
- 11
- 12SEC EDGARAndrew A. Lukowiak, President
- 13
- 14SEC EDGARDouglas Liu, Chief operating officer
- 15
- 16
- 17
- 18SEC EDGARPatricia Ferrari, Board member
- 19SEC EDGARHeiner Dreismann, Board member
- 20SEC EDGARFelix Baker, Board member
- 21SEC EDGARKimberly J. Popovits, Board member
- 22SEC EDGARMatthew L. Posard, Board member
- 23SEC EDGARMelissa Gilliam, Board member
- 24SEC EDGARRandal W. Scott, Board member
- 25SEC EDGARRaymond Cheong, Board member
- 26SEC EDGARRustem F. Ismagilov, Board member
- 27SEC EDGARJeryl L. Hilleman, Board member
- 28
- 29
- 30
- 31
- 32