MESA LABORATORIES INC CO
For the period ended Dec 31, 2024. Filed Feb 4, 2025.
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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.
Dec 31, 2024 · Filed Feb 4, 2025
MLAB$127.82-0.3%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
M****esa Laboratories, Inc.**
Condensed Consolidated Balance Sheets
(in thousands, except share amounts)
| December 31, | March 31, | |
|---|---|---|
| 2024 | 2024 | |
| ASSETS | ||
| Current assets: | ||
| Cash and cash equivalents | $30,956 | $28,214 |
| Accounts receivable, less allowance for credit losses of $1,060 and $1,321, respectively | 38,647 | 39,055 |
| Inventories | 28,122 | 32,675 |
| Prepaid expenses and other current assets | 13,120 | 9,408 |
| Total current assets | 110,845 | 109,352 |
| Noncurrent assets: | ||
| Property, plant and equipment, net of accumulated depreciation of $26,036 and $22,519 respectively | 31,602 | 31,766 |
| Deferred tax asset | 1,242 | 1,292 |
| Other assets | 18,126 | 10,538 |
| Customer relationships, net | 73,797 | 85,383 |
| Other intangibles, net | 24,384 | 28,369 |
| Goodwill | 177,152 | 180,096 |
| Total assets | $437,148 | $446,796 |
| LIABILITIES AND STOCKHOLDERS’ EQUITY | ||
| Current liabilities: | ||
| Accounts payable | $4,087 | $6,041 |
| Accrued payroll and benefits | 13,919 | 9,935 |
| Unearned revenues | 14,608 | 15,478 |
| Other accrued expenses | 22,351 | 12,858 |
| Term loan, current portion | 3,750 | - |
| Convertible senior notes, current portion, net of debt issuance costs | 97,163 | - |
| Total current liabilities | 155,878 | 44,312 |
| Noncurrent liabilities: | ||
| Deferred tax liability | $18,800 | 19,780 |
| Other noncurrent liabilities | 12,453 | 15,613 |
| Revolving line of credit | 27,000 | 50,500 |
| Term loan, noncurrent portion, net of discounts and debt issuance costs | 67,803 | - |
| Convertible senior notes, noncurrent portion, net of debt issuance costs | - | 171,198 |
| Total liabilities | 281,934 | 301,403 |
| Stockholders’ equity: | ||
| Common stock, no par value; authorized 25,000,000 shares; issued and outstanding, 5,433,603 and 5,394,491 shares, respectively | 352,788 | 343,642 |
| (Accumulated deficit) | (180,952) | (183,494) |
| Accumulated other comprehensive (loss) | (16,622) | (14,755) |
| Total stockholders’ equity | 155,214 | 145,393 |
| Total liabilities and stockholders’ equity | $437,148 | $446,796 |
See accompanying notes to Condensed Consolidated Financial Statements.
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