Arlo Technologies Inc
For the period ended Sep 29, 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 29, 2024 · Filed Nov 7, 2024
ARLO$12.32+1.5%Stored close · as of Nov 10, 2026
Extracted filing text, with the paragraph anchors used by the comparison.
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Unaudited Condensed Consolidated Balance Sheets
| As of | ||
|---|---|---|
| September 29,2024 | December 31,2023 | |
| (In thousands, except share and per share data) | ||
| ASSETS | ||
| Current assets: | ||
| Cash and cash equivalents | $77,032 | $56,522 |
| Short-term investments | 69,542 | 79,974 |
| Accounts receivable, net | 68,567 | 65,360 |
| Inventories | 51,975 | 38,408 |
| Prepaid expenses and other current assets | 12,424 | 10,271 |
| Total current assets | 279,540 | 250,535 |
| Property and equipment, net | 4,436 | 4,761 |
| Operating lease right-of-use assets, net | 9,510 | 11,450 |
| Goodwill | 11,038 | 11,038 |
| Restricted cash | 3,654 | 4,131 |
| Other non-current assets | 4,197 | 3,623 |
| Total assets | $312,375 | $285,538 |
| LIABILITIES AND STOCKHOLDERS’ EQUITY | ||
| Current liabilities: | ||
| Accounts payable | $93,745 | $55,201 |
| Deferred revenue | 24,596 | 18,041 |
| Accrued liabilities | 78,933 | 88,209 |
| Total current liabilities | 197,274 | 161,451 |
| Non-current operating lease liabilities | 14,479 | 17,021 |
| Other non-current liabilities | 3,713 | 3,790 |
| Total liabilities | 215,466 | 182,262 |
| Commitments and contingencies (Note 8) | ||
| Stockholders’ Equity: | ||
| Preferred stock: $0.001 par value; 50,000,000 shares authorized; none issued or outstanding | — | — |
| Common stock: $0.001 par value; 500,000,000 shares authorized; shares issued and outstanding: 100,321,524 at September 29, 2024 and 95,380,281 at December 31, 2023 | 100 | 95 |
| Additional paid-in capital | 489,677 | 470,322 |
| Accumulated other comprehensive income | 236 | 320 |
| Accumulated deficit | (393,104) | (367,461) |
| Total stockholders’ equity | 96,909 | 103,276 |
| Total liabilities and stockholders’ equity | $312,375 | $285,538 |
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