Adeia Inc
For the period ended Dec 31, 2024. Filed Feb 19, 2025.
View on SEC.govAbout this filing
A company's yearly report to the SEC, with audited financial statements. It is the fullest account a company gives of its business, its finances and the risks it sees.
FY2024 · Filed Feb 19, 2025
ADEA$16.28+5.0%Stored close · as of Nov 9, 2026
Extracted filing text, with the paragraph anchors used by the comparison.
See the whole filing, with its images and exhibitsContents
Consolidated Balance Sheets
(in thousands, except for par value)
| December 31, | ||
|---|---|---|
| 2024 | 2023 | |
| ASSETS | ||
| Current assets: | ||
| Cash and cash equivalents | $78,825 | $54,560 |
| Marketable securities | 31,567 | 29,012 |
| Accounts receivable, net of allowance for credit losses of $713 and $1,463, respectively | 34,145 | 39,651 |
| Unbilled contracts receivable | 104,047 | 74,919 |
| Other current assets | 9,792 | 7,700 |
| Total current assets | 258,376 | 205,842 |
| Long-term unbilled contracts receivable | 62,767 | 73,843 |
| Property and equipment, net | 6,278 | 6,971 |
| Operating lease right-of-use assets | 9,322 | 9,484 |
| Intangible assets, net | 301,177 | 347,172 |
| Goodwill | 313,660 | 313,660 |
| Long-term income tax receivable | 112,441 | 120,338 |
| Other long-term assets | 33,940 | 28,246 |
| Total assets | $1,097,961 | $1,105,556 |
| LIABILITIES AND EQUITY | ||
| Current liabilities: | ||
| Accounts payable | $8,045 | $9,623 |
| Accrued legal fees | 1,790 | 1,796 |
| Accrued liabilities | 22,727 | 17,342 |
| Current portion of long-term debt, net | 21,021 | 66,145 |
| Deferred revenue | 19,523 | 7,132 |
| Total current liabilities | 73,106 | 102,038 |
| Deferred revenue, less current portion | 64,555 | 17,672 |
| Long-term debt, net | 454,435 | 519,550 |
| Noncurrent operating lease liabilities | 9,480 | 9,730 |
| Long-term income tax payable | 84,585 | 81,834 |
| Other long-term liabilities | 15,229 | 18,110 |
| Total liabilities | 701,390 | 748,934 |
| Commitments and contingencies (Note 16) | ||
| Stockholders’ equity: | ||
| Preferred stock: $0.001 par value; authorized (2024: 15,000 shares; 2023: 15,000 shares) and no shares issued and outstanding | — | — |
| Common stock: $0.001 par value; (2024: authorized 350,000 shares, issued 123,952 shares, outstanding 108,072 shares; 2023: authorized 350,000 shares, issued 120,730 shares, outstanding 107,384 shares) | 125 | 121 |
| Additional paid-in capital | 648,914 | 635,331 |
| Treasury stock at cost (2024: 15,880 shares; 2023: 13,346 shares) | (255,301) | (222,497) |
| Accumulated other comprehensive loss | (1) | (8) |
| Retained earnings (Accumulated deficit) | 2,834 | (56,325) |
| Total stockholders’ equity | 396,571 | 356,622 |
| Total liabilities and equity | $1,097,961 | $1,105,556 |
The text of this filing, as the company filed it with the SEC, without its images or exhibits. This is not investment advice.