Alphatec holdings, inc. (ATEC)
Balance Sheet / Yearly
Mar'20Dec'19Sep'19Jun'19Mar'19Dec'18Sep'18Jun'18Mar'18Dec'17Sep'17Jun'17Mar'17Dec'16Sep'16Jun'16Mar'16Dec'15Sep'15Jun'15Mar'15Dec'14Sep'14Jun'14Mar'14Dec'13Sep'13Jun'13Mar'13Dec'12Sep'12Jun'12Mar'12Dec'11Sep'11Jun'11Dec'10
Assets
Current assets:
Cash

27,466

47,113

57,843

18,570

16,419

29,054

35,111

44,912

47,645

22,466

15,437

19,107

25,485

19,593

25,598

9,322

7,761

6,295

10,502

8,898

11,400

19,735

20,169

-

-

21,345

-

-

-

-

-

-

-

-

-

-

-

Cash

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

18,983

23,764

-

18,654

12,948

19,293

22,241

25,941

22,023

16,859

20,666

22,144

21,761

23,168

Restricted cash

-

-

-

-

-

-

-

-

-

-

-

-

-

-

0

150

1,250

2,350

3,450

4,400

4,400

-

2,001

2,001

17,750

0

-

-

-

-

-

-

-

-

-

-

-

Restricted cash

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

4,400

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

Accounts receivable, net

15,375

16,150

15,430

13,642

13,760

15,095

12,204

11,405

11,960

14,822

13,303

13,126

14,212

18,512

16,546

36,515

39,436

26,870

36,252

38,857

38,914

40,440

40,053

44,662

38,838

41,395

41,738

41,031

40,711

41,012

37,565

38,800

40,570

41,711

39,775

41,711

39,777

Inventories, net

37,872

34,854

33,065

32,605

31,166

28,765

28,988

28,177

28,872

27,292

29,747

29,810

30,088

30,093

27,661

44,141

47,958

32,632

42,328

41,237

41,772

41,747

41,986

42,447

42,542

41,939

43,139

50,614

50,457

49,855

48,344

47,412

48,155

45,916

48,783

47,974

51,635

Prepaid expenses and other current assets

10,646

9,880

10,649

10,904

2,167

2,030

1,530

1,778

1,986

1,767

2,019

2,114

2,451

4,262

2,941

3,559

3,854

3,138

5,225

4,203

4,734

5,466

7,230

7,886

11,168

7,694

6,069

5,619

5,753

5,953

7,344

6,020

5,901

6,888

7,145

8,831

6,652

Withholding tax receivable from officer

-

-

203

-

-

350

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

Current assets of discontinued operations

353

321

214

225

237

242

246

251

269

131

236

69

170

364

2,828

-

-

30,210

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

Deferred income tax assets

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

2,518

2,479

1,248

1,324

1,273

1,389

1,388

1,372

2,874

2,835

2,964

2,991

2,576

1,105

1,401

1,248

1,592

1,588

1,592

Total current assets

91,712

108,318

117,404

75,946

63,749

75,536

78,079

86,523

90,732

66,478

60,742

64,226

72,406

72,824

75,574

93,687

100,259

101,495

100,275

100,074

102,468

113,112

112,712

117,368

135,450

113,745

112,474

113,047

119,178

122,052

121,770

115,360

112,886

116,429

119,439

121,865

122,824

Property and equipment, net

20,919

19,722

18,723

15,090

12,821

13,235

12,295

12,060

11,549

12,670

13,275

14,467

15,408

15,076

13,712

21,601

22,673

16,081

23,720

23,834

25,913

26,040

26,510

27,390

28,136

28,030

29,515

30,471

31,310

30,403

31,806

31,516

32,089

31,476

34,322

34,691

38,440

Right-of-use asset

1,601

1,860

2,112

2,170

2,394

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

Goodwill

13,897

13,897

13,897

13,897

13,897

13,897

14,469

14,250

14,346

-

-

-

-

-

-

-

-

-

0

163,752

161,702

171,333

175,089

182,301

183,088

183,004

181,390

177,832

175,669

180,838

168,499

165,144

171,386

168,609

173,626

178,905

170,194

Intangibles, net

25,165

25,605

25,882

26,054

26,226

26,408

26,345

26,382

26,514

5,248

5,482

5,243

5,477

5,711

6,152

19,756

21,004

8,806

22,943

24,885

27,114

30,259

32,428

35,412

37,176

39,064

40,744

43,611

46,227

46,856

41,063

42,215

45,628

47,144

41,828

44,821

43,148

Other assets

493

493

214

222

277

347

223

225

137

208

222

222

222

516

516

1,408

1,454

502

1,446

1,627

2,909

4,179

1,863

2,239

2,432

1,787

2,012

1,710

1,815

1,978

2,528

2,818

2,693

3,034

3,475

4,164

2,410

Noncurrent assets of discontinued operations

52

53

51

53

53

54

54

55

58

56

52

39

58

61

71

-

-

19,457

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

Total assets

153,839

169,948

178,283

133,432

119,417

129,477

131,465

139,495

143,336

84,660

79,773

84,197

93,571

94,188

96,025

136,452

145,390

146,341

148,384

314,172

320,106

344,923

348,602

364,710

386,282

365,630

366,135

366,671

374,199

382,127

365,666

357,053

364,682

366,692

372,690

384,446

377,016

Current liabilities:
Accounts payable

11,800

7,772

6,010

8,178

6,780

4,399

5,642

3,354

3,769

3,878

2,865

2,861

4,245

8,701

6,821

17,447

19,293

13,542

10,827

10,422

8,909

10,130

11,333

13,965

16,462

10,790

14,171

18,329

18,516

15,237

17,529

13,956

14,431

17,390

14,987

14,919

15,957

Accrued expenses

23,772

26,416

22,972

20,831

18,527

22,316

20,897

24,607

23,368

22,246

22,606

23,917

26,173

27,589

30,705

30,459

30,858

21,175

27,216

28,147

30,380

35,393

34,995

36,904

62,454

62,996

35,952

29,597

34,397

38,490

30,886

32,782

28,359

32,583

23,229

23,356

22,530

Deferred revenue

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

799

736

-

831

1,001

1,351

1,300

1,142

1,838

1,044

1,009

1,264

1,176

1,313

1,361

3,069

2,651

3,124

2,768

3,351

3,291

3,396

Common stock warrant liabilities

-

-

-

-

-

-

-

-

-

-

-

-

-

-

0

1,145

573

687

687

6,985

8,817

8,702

10,660

11,173

10,250

0

-

-

-

-

-

-

-

-

-

-

-

Current portion of long-term debt

916

489

836

286

619

3,276

6,186

6,682

6,891

3,306

3,037

2,333

2,616

3,113

2,647

75,376

78,105

79,742

79,300

75,810

7,256

8,076

8,042

5,909

4,189

4,924

-

-

1,277

1,700

1,720

766

3,653

4,396

2,544

963

1,708

Current portion of lease liability

1,356

1,314

1,263

1,173

1,132

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

Current liabilities of discontinued operations

399

399

504

538

569

621

419

385

467

312

283

464

293

732

2,207

-

-

9,891

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

Current portion of long-term debt

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

4,984

709

-

-

-

-

-

-

-

-

-

Total current liabilities

38,243

36,390

31,585

31,006

27,627

30,612

33,144

35,028

34,495

29,742

28,791

29,575

33,327

40,135

42,380

125,226

129,565

125,037

118,814

122,365

56,713

63,601

66,172

69,789

94,399

79,719

56,371

49,811

55,503

56,788

53,204

50,155

49,567

57,137

44,111

42,529

43,591

Long-term debt, less current portion

53,033

53,448

51,094

49,369

42,559

42,299

34,285

33,666

34,665

37,767

37,228

38,178

40,017

43,092

38,215

187

314

480

700

727

72,223

74,597

70,617

70,909

64,115

49,978

-

-

40,578

39,967

36,031

35,307

26,649

23,802

28,771

32,223

32,474

Operating lease liability, less current portion

559

925

1,265

1,467

1,778

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

Long-term debt, less current portion

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

43,784

41,118

-

-

-

-

-

-

-

-

-

Other long-term liabilities

10,971

11,951

13,082

13,826

14,600

15,389

16,220

16,978

19,000

20,206

23,666

24,391

25,757

28,862

29,951

33,800

34,251

32,281

29,814

30,599

31,261

32,220

32,965

34,360

36,039

38,784

11,130

11,988

12,556

13,485

11,130

11,593

11,679

12,997

1,826

2,892

2,153

Long-term liabilities of discontinued operations

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

1,516

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

Long term liabilities of discontinued operations

-

-

-

-

-

-

-

-

-

-

-

-

-

-

87

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

Deferred income tax liabilities

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

1,623

3,291

1,862

1,948

1,925

2,199

1,998

1,870

2,277

2,269

2,096

2,468

3,647

1,695

4,309

3,825

6,910

7,875

8,761

Redeemable preferred stock, $0.0001 par value; 20,000 shares authorized at March 31, 2020 and December 31, 2019; 3,319 shares issued and outstanding at both March 31, 2020 and December 31, 2019

23,603

23,603

23,603

23,603

23,603

23,603

23,603

23,603

23,603

23,603

23,603

23,603

23,603

23,603

23,603

23,603

23,603

23,603

23,603

23,603

23,603

23,603

23,603

23,603

23,603

23,603

23,603

23,603

23,603

23,603

-

23,603

-

23,603

-

-

-

Redeemable preferred stock, $0.0001 par value; 20,000 authorized at September 30, 2012 and December 31, 2011; 3,319 shares issued and outstanding at both September 30, 2012 and December 31, 2011

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

23,603

-

-

-

-

-

-

Redeemable preferred stock, $0.0001 par value; 20,000 authorized at March 31, 2012 and December 31, 2011; 3,319 shares issued and outstanding at both March 31, 2012 and December 31, 2011

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

23,603

-

23,603

23,603

23,603

Commitments and contingencies

-

-

-

-

-

-

0

0

0

-

0

0

0

0

0

0

0

0

-

-

-

0

-

-

-

-

-

0

0

0

0

0

0

0

0

0

0

Stockholders' equity:
Convertible preferred stock

-

-

-

-

-

-

-

-

-

-

0

0

0

0

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

Common stock, $0.0001 par value; 200,000 authorized; 63,403 shares issued and 63,260 outstanding at March 31, 2020, net of 143 unvested shares; and 61,718 shares issued and 61,400 shares outstanding, net of 318 unvested shares at December 31, 2019

6

6

6

4

4

4

4

4

2

2

2

1

1

1

1

10

10

1

10

10

10

10

10

10

10

10

10

10

10

10

9

9

9

9

9

9

9

Treasury stock, 2 shares, at cost

97

97

97

97

97

97

97

97

97

97

97

97

97

97

97

97

97

97

97

97

97

97

97

97

97

97

97

97

97

97

97

97

97

97

97

97

97

Additional paid-in capital

611,091

606,558

603,518

545,423

528,094

523,525

506,078

502,683

496,972

436,803

438,969

438,005

437,483

419,787

418,927

417,360

416,997

416,948

416,620

416,720

415,167

413,921

412,636

411,032

404,514

403,568

402,250

401,389

400,427

399,246

388,546

387,551

386,786

386,224

385,601

385,172

383,647

Shareholder note receivable

5,000

5,000

5,000

5,000

5,000

5,000

5,000

5,000

5,000

5,000

5,000

5,000

5,000

5,000

5,000

5,000

5,000

5,000

5,000

5,000

5,000

5,000

5,000

5,000

-

0

-

-

-

-

-

-

-

-

-

-

-

Shareholder note receivable

5,000

5,000

5,000

5,000

5,000

5,000

5,000

5,000

5,000

5,000

5,000

5,000

5,000

5,000

5,000

5,000

5,000

-

5,000

5,000

5,000

5,000

5,000

5,000

-

0

-

-

-

-

-

-

-

-

-

-

-

Accumulated other comprehensive income

1,157

1,088

1,120

1,157

1,139

1,064

1,034

1,081

1,071

1,093

1,125

918

1,160

970

769

-19,547

-20,396

-21,188

-20,350

-20,974

-22,513

-11,316

-5,938

3,155

4,056

3,877

2,082

-2,655

-4,373

112

-2,307

-7,132

1,434

-2,812

3,986

10,966

-1,310

Accumulated deficit

-579,727

-558,924

-541,893

-527,326

-514,890

-501,922

-477,806

-468,451

-461,375

-459,459

-468,514

-465,377

-462,680

-457,165

-452,811

-439,090

-433,857

-427,240

-417,337

-257,072

-253,123

-248,564

-248,291

-245,250

-242,355

-235,682

-175,275

-160,765

-156,104

-153,455

-148,100

-145,631

-139,257

-137,996

-122,030

-120,726

-115,815

Total stockholders’ equity

27,430

43,631

57,654

14,161

9,250

17,574

24,213

30,220

31,573

-26,658

-33,515

-31,550

-29,133

-41,504

-38,211

-46,364

-42,343

-36,576

-26,154

133,587

134,444

-

153,320

163,850

166,128

-

228,970

237,882

-

-

-

-

-

-

-

-

-

Total stockholders (deficit) equity

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

148,954

-

-

-

171,676

-

-

239,863

245,816

238,051

234,700

248,875

245,328

267,469

275,324

266,434

Total liabilities and stockholders’ equity

153,839

169,948

178,283

133,432

119,417

129,477

131,465

139,495

143,336

84,660

79,773

84,197

93,571

94,188

96,025

136,452

145,390

146,341

148,384

314,172

320,106

344,923

348,602

364,710

386,282

365,630

366,135

366,671

374,199

382,127

365,666

357,053

364,682

366,692

372,690

384,446

377,016