N-able Inc
For the period ended Mar 31, 2024. Filed May 9, 2024.
View on SEC.govAbout this filing
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.
Mar 31, 2024 · Filed May 9, 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 as of March 31, 2024 and December 31, 2023
Consolidated Balance Sheets
| March 31, | December 31, | |
|---|---|---|
| 2024 | 2023 | |
| Assets | ||
| Current assets: | ||
| Cash and cash equivalents | $139,227 | $153,048 |
| Accounts receivable, net of allowances of $1,224 and $1,171 as of March 31, 2024 and December 31, 2023, respectively | 39,752 | 40,013 |
| Income tax receivable | 10,446 | 8,001 |
| Prepaid and other current assets | 32,843 | 23,729 |
| Total current assets | 222,268 | 224,791 |
| Property and equipment, net | 35,414 | 36,838 |
| Operating lease right-of-use assets | 30,656 | 32,067 |
| Deferred taxes | 1,041 | 1,087 |
| Goodwill | 829,790 | 838,497 |
| Intangible assets, net | 6,136 | 6,717 |
| Other assets, net | 24,626 | 22,794 |
| Total assets | $1,149,931 | $1,162,791 |
| Liabilities and stockholders' equity | ||
| Current liabilities: | ||
| Accounts payable | $4,032 | $5,239 |
| Accrued liabilities and other | 36,421 | 49,366 |
| Current operating lease liabilities | 6,310 | 6,443 |
| Income taxes payable | 10,612 | 4,523 |
| Current portion of deferred revenue | 12,884 | 12,646 |
| Current debt obligation | 3,500 | 3,500 |
| Total current liabilities | 73,759 | 81,717 |
| Long-term liabilities: | ||
| Deferred revenue, net of current portion | 217 | 167 |
| Non-current deferred taxes | 1,775 | 1,820 |
| Non-current operating lease liabilities | 31,554 | 33,064 |
| Long-term debt, net of current portion | 331,032 | 331,509 |
| Other long-term liabilities | 2,532 | 3,154 |
| Total liabilities | 440,869 | 451,431 |
| Commitments and contingencies (Note 11) | ||
| Stockholders’ equity: | ||
| Common stock, $0.001 par value: 550,000,000 shares authorized and 184,762,998 and 183,220,689 shares issued and outstanding as of March 31, 2024 and December 31, 2023, respectively | 185 | 183 |
| Preferred stock, $0.001 par value: 50,000,000 shares authorized and no shares issued and outstanding as of March 31, 2024 and December 31, 2023, respectively | — | — |
| Additional paid-in capital | 667,161 | 666,522 |
| Accumulated other comprehensive loss (income) | (5,986) | 4,409 |
| Retained earnings | 47,702 | 40,246 |
| Total stockholders' equity | 709,062 | 711,360 |
| Total liabilities and stockholders' equity | $1,149,931 | $1,162,791 |
The text of this filing, as the company filed it with the SEC, without its images or exhibits. This is not investment advice.