VARONIS SYSTEMS INC
For the period ended Dec 31, 2024. Filed Feb 6, 2025.
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FY2024 · Filed Feb 6, 2025
VRNS$48.96+0.3%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
| December 31, | ||
|---|---|---|
| 2024 | 2023 | |
| Assets | ||
| Current assets: | ||
| Cash and cash equivalents | $185,585 | $230,740 |
| Marketable securities | 343,383 | 253,175 |
| Short-term deposits | 39,450 | 49,800 |
| Trade receivables (net of allowance of $2,518 and $1,487 at December 31, 2024 and December 31, 2023, respectively) | 192,832 | 169,116 |
| Prepaid expenses and other short-term assets | 116,824 | 64,326 |
| Total current assets | 878,074 | 767,157 |
| Long-term assets: | ||
| Long-term marketable securities | 658,896 | 211,063 |
| Operating lease right-of-use assets | 45,593 | 51,838 |
| Property and equipment, net | 30,795 | 33,964 |
| Intangible assets, net | — | 1,263 |
| Goodwill | 23,135 | 23,135 |
| Other assets | 27,782 | 15,490 |
| Total long-term assets | 786,201 | 336,753 |
| Total assets | $1,664,275 | $1,103,910 |
CONSOLIDATED BALANCE SHEETS
(in thousands, except share data)
| December 31, | ||
|---|---|---|
| 2024 | 2023 | |
| Liabilities and stockholders’ equity | ||
| Current liabilities: | ||
| Trade payables | $4,313 | $672 |
| Accrued expenses and other short-term liabilities | 164,930 | 125,057 |
| Convertible senior notes, net | 250,529 | — |
| Deferred revenues | 290,113 | 181,049 |
| Total current liabilities | 709,885 | 306,778 |
| Long-term liabilities: | ||
| Convertible senior notes, net | 450,243 | 250,477 |
| Operating lease liabilities | 42,789 | 51,313 |
| Deferred revenues | 2,211 | 886 |
| Other liabilities | 3,491 | 4,808 |
| Total long-term liabilities | 498,734 | 307,484 |
| Stockholders’ equity: | ||
| Share capital | ||
| Common stock of $0.001 par value - Authorized: 200,000,000 shares at December 31, 2024 and December 31, 2023; Issued and outstanding: 112,550,156 shares at December 31, 2024 and 109,103,721 shares at December 31, 2023 | 113 | 109 |
| Accumulated other comprehensive income (loss) | 2,676 | (8,649) |
| Additional paid-in capital | 1,193,022 | 1,142,578 |
| Accumulated deficit | (740,155) | (644,390) |
| Total stockholders’ equity | 455,656 | 489,648 |
| Total liabilities and stockholders’ equity | $1,664,275 | $1,103,910 |
The text of this filing, as the company filed it with the SEC, without its images or exhibits. This is not investment advice.