Sonos Inc

For the period ended Dec 30, 2023. Filed Feb 7, 2024.

About this filing

A company's report for each of its first three quarters. The financial statements are not audited. It shows how the business has moved since the last annual report, and what management says changed.

Dec 30, 2023 · Filed Feb 7, 2024

SONO$17.01+3.7%Stored close · as of Nov 9, 2026

Extracted filing text, with the paragraph anchors used by the comparison.

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Contents

Condensed consolidated balance sheets

(unaudited, in thousands, except par values)

	As of
	December 30,2023	September 30,2023
Assets
Current assets:
Cash and cash equivalents	$467,342	$220,231
Accounts receivable, net	80,811	67,583
Inventories	173,043	346,521
Prepaids and other current assets	37,690	25,296
Total current assets	758,886	659,631
Property and equipment, net	86,816	87,075
Operating lease right-of-use assets	53,857	48,918
Goodwill	82,288	80,420
Intangible assets, net
In-process research and development	72,846	69,791
Other intangible assets	18,745	20,218
Deferred tax assets	1,714	1,659
Other noncurrent assets	34,838	34,529
Total assets	$1,109,990	$1,002,241
Liabilities and stockholders’ equity
Current liabilities:
Accounts payable	$176,365	$187,981
Accrued expenses	97,992	89,717
Accrued compensation	28,018	22,079
Deferred revenue, current	20,943	20,188
Other current liabilities	52,683	34,253
Total current liabilities	376,001	354,218
Operating lease liabilities, noncurrent	60,622	54,956
Deferred revenue, noncurrent	64,962	60,650
Deferred tax liabilities	10,192	9,846
Other noncurrent liabilities	3,804	3,914
Total liabilities	515,581	483,584
Commitments and contingencies (Note 7)
Stockholders’ equity:
Common stock, $0.001 par value	127	130
Treasury stock	(38,856)	(72,586)
Additional paid-in capital	569,286	607,345
Retained earnings (accumulated deficit)	68,159	(12,788)
Accumulated other comprehensive loss	(4,307)	(3,444)
Total stockholders’ equity	594,409	518,657
Total liabilities and stockholders’ equity	$1,109,990	$1,002,241

ContentsView on SEC.gov

The text of this filing, as the company filed it with the SEC, without its images or exhibits. This is not investment advice.