Certara Inc
For the period ended Dec 31, 2023. Filed Feb 29, 2024.
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FY2023 · Filed Feb 29, 2024
CERT$12.13-0.8%Stored close · as of Nov 10, 2026
Extracted filing text, with the paragraph anchors used by the comparison.
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Consolidated Balance Sheets
| DECEMBER 31, | ||
|---|---|---|
| (IN THOUSANDS, EXCEPT PER SHARE AND SHARE DATA) | 2023 | 2022 |
| Assets | ||
| Current assets: | ||
| Cash and cash equivalents | $234,951 | $236,586 |
| Accounts receivable, net of allowances for credit losses of $1,312 and $1,250, respectively | 84,857 | 82,584 |
| Restricted cash | — | 3,102 |
| Prepaid expenses and other current assets | 20,393 | 19,980 |
| Total current assets | 340,201 | 342,252 |
| Other assets: | ||
| Property and equipment, net | 2,670 | 2,400 |
| Operating lease right-of-use assets | 9,604 | 14,427 |
| Goodwill | 716,333 | 717,743 |
| Intangible assets, net of $273,522 and $217,705, respectively | 487,043 | 486,782 |
| Deferred income taxes | 4,236 | 3,703 |
| Other long-term assets | 3,053 | 5,615 |
| Total assets | $1,563,140 | $1,572,922 |
| Liabilities and stockholders' equity | ||
| Current liabilities: | ||
| Accounts payable | $5,171 | $7,533 |
| Accrued expenses | 56,779 | 35,403 |
| Current portion of deferred revenue | 60,678 | 52,209 |
| Current portion of long-term debt | 3,020 | 3,020 |
| Other current liabilities | 4,375 | 4,993 |
| Total current liabilities | 130,023 | 103,158 |
| Long-term liabilities: | ||
| Deferred revenue, net of current portion | 1,070 | 2,815 |
| Deferred income taxes | 50,826 | 65,046 |
| Operating lease liabilities, net of current portion | 6,955 | 10,133 |
| Long-term debt, net of current portion and debt discount | 288,217 | 289,988 |
| Other long-term liabilities | 39,209 | 22,121 |
| Total liabilities | 516,300 | 493,261 |
| Commitments and contingencies | ||
| Stockholders' equity | ||
| Preferred shares, $0.01 par value, 50,000,000 and no shares authorized, issued, and outstanding as of December 31, 2023 and 2022, respectively | — | — |
| Common shares, $0.01 par value, 600,000,000 shares authorized, 160,284,901 and 159,676,150 shares issued as of December 31, 2023 and 2022, respectively; 159,848,286 and 159,525,943 shares outstanding as of December 31, 2023 and 2022, respectively | 1,603 | 1,596 |
| Additional paid-in capital | 1,178,461 | 1,150,168 |
| Accumulated deficit | (116,230) | (60,873) |
| Accumulated other comprehensive loss | (7,593) | (8,230) |
| Treasury stock at cost, 436,615 and 150,207 shares at December 31, 2023 and 2022, respectively | (9,401) | (3,000) |
| Total stockholders' equity | 1,046,840 | 1,079,661 |
| Total liabilities and stockholders' equity | $1,563,140 | $1,572,922 |
The text of this filing, as the company filed it with the SEC, without its images or exhibits. This is not investment advice.