Sorrento Therapeutics (LTS:0L85) Short-Term Capital Lease Obligation : $13.05 Mil (As of Jun. 2023)

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What is Sorrento Therapeutics Short-Term Capital Lease Obligation?

Sorrento Therapeutics's Short-Term Capital Lease Obligation for the quarter that ended in Jun. 2023 was $13.05 Mil.

Sorrento Therapeutics's quarterly Short-Term Capital Lease Obligation increased from Dec. 2022 ($13.88 Mil) to Mar. 2023 ($14.05 Mil) but then declined from Mar. 2023 ($14.05 Mil) to Jun. 2023 ($13.05 Mil).

Sorrento Therapeutics's annual Short-Term Capital Lease Obligation increased from Dec. 2020 ($3.63 Mil) to Dec. 2021 ($11.54 Mil) and increased from Dec. 2021 ($11.54 Mil) to Dec. 2022 ($13.88 Mil).

Sorrento Therapeutics Short-Term Capital Lease Obligation Historical Data

The historical data trend for Sorrento Therapeutics's Short-Term Capital Lease Obligation can be seen below:

* For Operating Data section: All numbers are indicated by the unit behind each term and all currency related amount are in USD.
* For other sections: All numbers are in millions except for per share data, ratio, and percentage. All currency related amount are indicated in the company's associated stock exchange currency.

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Sorrento Therapeutics Short-Term Capital Lease Obligation Chart

Sorrento Therapeutics Annual Data

Trend

Dec13

Dec14

Dec15

Dec16

Dec17

Dec18

Dec19

Dec20

Dec21

Dec22

Short-Term Capital Lease Obligation

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3.32

3.63

11.54

13.88

Sorrento Therapeutics Quarterly Data
	Sep18	Dec18	Mar19	Jun19	Sep19	Dec19	Mar20	Jun20	Sep20	Dec20	Mar21	Jun21	Sep21	Dec21	Mar22	Jun22	Sep22	Dec22	Mar23	Jun23
Short-Term Capital Lease Obligation	Get a 7-Day Free Trial															13.51	13.37	13.88	14.05	13.05

Sorrento Therapeutics Short-Term Capital Lease Obligation Explanation

Short-Term Capital Lease Obligation represents the total amount of Long-Term Capital Lease Obligation that must be paid within the next accounting period. Capital lease obligations are contractual obligations that arise from obtaining the use of property or equipment via a capital lease contract.

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Sorrento Therapeutics (LTS:0L85) Business Description

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SRNEQ:USA

Address

4955 Directors Place, San Diego, CA, USA, 92121

Website

https://www.sorrentotherapeutics.com

Sorrento Therapeutics Inc is a clinical and commercial-stage biopharmaceutical company developing a portfolio of next-generation treatments for three major therapeutic areas: cancer, infectious disease, and pain. Its multimodal, multipronged approach to fighting cancer is made possible by its extensive immuno-oncology platforms, including key assets such as fully human antibodies (G-MAB library), immuno-cellular therapies (DAR-T), antibody-drug conjugates (ADCs), and oncolytic virus (Seprehvec). Sorrento is also developing potential antiviral therapies and vaccines against coronaviruses, including COVI-AMG, COVIDROPS, COVISHIELD, FUJOVEE (Abivertinib), and OQORY (Covi-MSC), and diagnostic test solutions, including COVITRACK and COVIMARK.

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