Adaptive Biotechnologies Corp
For the period ended Sep 30, 2024. Filed Nov 7, 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 30, 2024 · Filed Nov 7, 2024
ADPT$30.26+8.1%Stored close · as of Nov 9, 2026
Extracted filing text, with the paragraph anchors used by the comparison.
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Condensed Consolidated Balance Sheets
(in thousands, except share and per share amounts)
| September 30, 2024 | December 31, 2023 | |
|---|---|---|
| (unaudited) | ||
| Assets | ||
| Current assets | ||
| Cash and cash equivalents | $38,084 | $65,064 |
| Short-term marketable securities (amortized cost of $204,757 and $281,122, respectively) | 205,245 | 281,337 |
| Accounts receivable, net | 40,814 | 37,969 |
| Inventory | 11,955 | 14,448 |
| Prepaid expenses and other current assets | 12,247 | 11,370 |
| Total current assets | 308,345 | 410,188 |
| Long-term assets | ||
| Property and equipment, net | 51,314 | 68,227 |
| Operating lease right-of-use assets | 46,530 | 52,096 |
| Long-term marketable securities (amortized cost of $23,857) | 23,866 | — |
| Restricted cash | 2,978 | 2,932 |
| Intangible assets, net | 3,853 | 5,128 |
| Goodwill | 118,972 | 118,972 |
| Other assets | 2,648 | 3,591 |
| Total assets | $558,506 | $661,134 |
| Liabilities and shareholders’ equity | ||
| Current liabilities | ||
| Accounts payable | $7,351 | $7,719 |
| Accrued liabilities | 6,062 | 8,597 |
| Accrued compensation and benefits | 12,337 | 13,685 |
| Current portion of operating lease liabilities | 10,021 | 9,384 |
| Current portion of deferred revenue | 51,856 | 48,630 |
| Total current liabilities | 87,627 | 88,015 |
| Long-term liabilities | ||
| Operating lease liabilities, less current portion | 81,804 | 89,388 |
| Deferred revenue, less current portion | 32,781 | 44,793 |
| Revenue interest liability, net | 132,700 | 130,660 |
| Other long-term liabilities | 20 | — |
| Total liabilities | 334,932 | 352,856 |
| Commitments and contingencies (Note 9) | ||
| Shareholders’ equity | ||
| Preferred stock: $0.0001 par value, 10,000,000 shares authorized at September 30, 2024 and December 31, 2023; no shares issued and outstanding at September 30, 2024 and December 31, 2023 | — | — |
| Common stock: $0.0001 par value, 340,000,000 shares authorized at September 30, 2024 and December 31, 2023; 147,561,586 and 145,082,271 shares issued and outstanding at September 30, 2024 and December 31, 2023, respectively | 14 | 14 |
| Additional paid-in capital | 1,493,394 | 1,452,502 |
| Accumulated other comprehensive gain | 497 | 215 |
| Accumulated deficit | (1,270,132) | (1,144,332) |
| Total Adaptive Biotechnologies Corporation shareholders’ equity | 223,773 | 308,399 |
| Noncontrolling interest | (199) | (121) |
| Total shareholders’ equity | 223,574 | 308,278 |
| Total liabilities and shareholders’ equity | $558,506 | $661,134 |
The text of this filing, as the company filed it with the SEC, without its images or exhibits. This is not investment advice.