N-able Inc
For the period ended Dec 31, 2023. Filed Feb 29, 2024.
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FY2023 · Filed Feb 29, 2024
NABL$4.81-0.6%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, | ||
|---|---|---|
| 2023 | 2022 | |
| Assets | ||
| Current assets: | ||
| Cash and cash equivalents | $153,048 | $98,847 |
| Accounts receivable, net of allowances of $1,171 and $1,330 as of December 31, 2023 and 2022, respectively | 40,013 | 34,798 |
| Income tax receivable | 8,001 | 7,814 |
| Prepaid and other current assets | 23,729 | 12,697 |
| Total current assets | 224,791 | 154,156 |
| Property and equipment, net | 36,838 | 37,404 |
| Operating lease right-of-use assets | 32,067 | 31,752 |
| Deferred taxes | 1,087 | 795 |
| Goodwill | 838,497 | 828,795 |
| Intangible assets, net | 6,717 | 8,873 |
| Other assets, net | 22,794 | 17,082 |
| Total assets | $1,162,791 | $1,078,857 |
| Liabilities and stockholders' equity | ||
| Current liabilities: | ||
| Accounts payable | $5,239 | $3,544 |
| Accrued liabilities and other | 49,366 | 35,630 |
| Current operating lease liabilities | 6,443 | 5,771 |
| Income taxes payable | 4,523 | 1,629 |
| Current portion of deferred revenue | 12,646 | 11,740 |
| Current debt obligation | 3,500 | 3,500 |
| Total current liabilities | 81,717 | 61,814 |
| Long-term liabilities: | ||
| Deferred revenue, net of current portion | 167 | 387 |
| Non-current deferred taxes | 1,820 | 2,783 |
| Non-current operating lease liabilities | 33,064 | 33,110 |
| Long-term debt, net of current portion | 331,509 | 333,488 |
| Other long-term liabilities | 3,154 | 5,204 |
| Total liabilities | 451,431 | 436,786 |
| Commitments and contingencies (Note 15) | ||
| Stockholders’ equity: | ||
| Common stock, $0.001 par value: 550,000,000 shares authorized and 183,220,689 and 180,849,537 shares issued and outstanding as of December 31, 2023 and 2022, respectively | 183 | 181 |
| Preferred stock, $0.001 par value: 50,000,000 shares authorized and no shares issued and outstanding as of December 31, 2023 and 2022, respectively | — | — |
| Additional paid-in capital | 666,522 | 632,871 |
| Accumulated other comprehensive income (loss) | 4,409 | (7,815) |
| Retained earnings | 40,246 | 16,834 |
| Total stockholders' equity | 711,360 | 642,071 |
| Total liabilities and stockholders' equity | $1,162,791 | $1,078,857 |
The text of this filing, as the company filed it with the SEC, without its images or exhibits. This is not investment advice.