NETGEAR INC
For the period ended Sep 29, 2024. Filed Nov 1, 2024.
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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.
Sep 29, 2024 · Filed Nov 1, 2024
NTGR$19.63-2.4%Stored close · as of Nov 10, 2026
Extracted filing text, with the paragraph anchors used by the comparison.
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Unaudited Condensed Consolidated Balance Sheets
| September 29, 2024 | December 31, 2023 | |
|---|---|---|
| ASSETS | ||
| Current assets: | ||
| Cash and cash equivalents | $273,767 | $176,717 |
| Short-term investments | 121,965 | 106,931 |
| Accounts receivable, net of allowance for doubtful accounts of $417 and $338 as of September 29, 2024 and December 31, 2023, respectively | 177,326 | 185,059 |
| Inventories | 161,976 | 248,851 |
| Prepaid expenses and other current assets | 34,302 | 30,421 |
| Total current assets | 769,336 | 747,979 |
| Property and equipment, net | 10,640 | 8,273 |
| Operating lease right-of-use assets | 30,758 | 37,285 |
| Goodwill | 36,279 | 36,279 |
| Other non-current assets | 15,623 | 17,326 |
| Total assets | $862,636 | $847,142 |
| LIABILITIES AND STOCKHOLDERS’ EQUITY | ||
| Current liabilities: | ||
| Accounts payable | $52,035 | $46,850 |
| Accrued employee compensation | 19,964 | 21,286 |
| Other accrued liabilities | 155,193 | 168,084 |
| Deferred revenue | 29,596 | 27,091 |
| Income taxes payable | 14,569 | 1,037 |
| Total current liabilities | 271,357 | 264,348 |
| Non-current income taxes payable | 8,510 | 12,695 |
| Non-current operating lease liabilities | 22,016 | 29,698 |
| Other non-current liabilities | 10,423 | 4,906 |
| Total liabilities | 312,306 | 311,647 |
| Commitments and contingencies (Note 8) | ||
| Stockholders’ equity: | ||
| Common stock | 29 | 30 |
| Additional paid-in capital | 987,576 | 967,651 |
| Accumulated other comprehensive income | 152 | 136 |
| Accumulated deficit | (437,427) | (432,322) |
| Total stockholders’ equity | 550,330 | 535,495 |
| Total liabilities and stockholders’ equity | $862,636 | $847,142 |
The text of this filing, as the company filed it with the SEC, without its images or exhibits. This is not investment advice.