Sonos Inc
For the period ended Mar 30, 2024. Filed May 8, 2024.
View on SEC.govAbout 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.
Mar 30, 2024 · Filed May 8, 2024
SONO$17.01+3.7%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
Condensed consolidated balance sheets
(unaudited, in thousands, except par values)
| As of | ||
|---|---|---|
| March 30,2024 | September 30,2023 | |
| Assets | ||
| Current assets: | ||
| Cash and cash equivalents | $245,962 | $220,231 |
| Marketable securities | 45,598 | — |
| Accounts receivable, net | 69,725 | 67,583 |
| Inventories | 179,545 | 346,521 |
| Prepaids and other current assets | 42,077 | 25,296 |
| Total current assets | 582,907 | 659,631 |
| Property and equipment, net | 88,236 | 87,075 |
| Operating lease right-of-use assets | 51,594 | 48,918 |
| Goodwill | 81,303 | 80,420 |
| Intangible assets, net | ||
| In-process research and development | 71,235 | 69,791 |
| Other intangible assets | 17,243 | 20,218 |
| Deferred tax assets | 1,638 | 1,659 |
| Other noncurrent assets | 31,459 | 34,529 |
| Total assets | $925,615 | $1,002,241 |
| Liabilities and stockholders’ equity | ||
| Current liabilities: | ||
| Accounts payable | $121,497 | $187,981 |
| Accrued expenses | 72,241 | 89,717 |
| Accrued compensation | 38,470 | 22,079 |
| Deferred revenue, current | 20,692 | 20,188 |
| Other current liabilities | 50,317 | 34,253 |
| Total current liabilities | 303,217 | 354,218 |
| Operating lease liabilities, noncurrent | 51,984 | 54,956 |
| Deferred revenue, noncurrent | 62,616 | 60,650 |
| Deferred tax liabilities | 9,972 | 9,846 |
| Other noncurrent liabilities | 3,822 | 3,914 |
| Total liabilities | 431,611 | 483,584 |
| Commitments and contingencies (Note 8) | ||
| Stockholders’ equity: | ||
| Common stock, $0.001 par value | 128 | 130 |
| Treasury stock | (77,996) | (72,586) |
| Additional paid-in capital | 577,840 | 607,345 |
| Accumulated deficit | (1,550) | (12,788) |
| Accumulated other comprehensive loss | (4,418) | (3,444) |
| Total stockholders’ equity | 494,004 | 518,657 |
| Total liabilities and stockholders’ equity | $925,615 | $1,002,241 |
The text of this filing, as the company filed it with the SEC, without its images or exhibits. This is not investment advice.