AtriCure, Inc. ATRC Balance Sheet

Atricure, inc. (ATRC)

Balance Sheet / Quarterly

Mar'20	Dec'19	Sep'19	Jun'19	Mar'19	Dec'18	Sep'18	Jun'18	Mar'18	Dec'17	Sep'17	Jun'17	Mar'17	Dec'16	Sep'16	Jun'16	Mar'16	Dec'15	Sep'15	Jun'15	Mar'15	Dec'14	Sep'14	Jun'14	Mar'14	Dec'13	Sep'13	Jun'13	Mar'13	Dec'12	Sep'12	Jun'12	Mar'12	Dec'11	Sep'11	Jun'11	Dec'10
Current assets:
Cash and cash equivalents
21,766	28,483	33,182	25,247	20,720	32,231	17,999	13,866	21,229	21,809	19,444	21,013	19,154	24,208	16,107	19,917	20,768	23,764	28,714	29,987	23,559	28,384	35,526	41,978	68,639	14,892	25,821	31,044	30,784	7,753	8,203	8,660	11,418	9,759	3,431	4,111	4,230
Short-term investments
46,771	53,318	46,557	65,594	79,910	92,171	22,220	23,202	14,809	12,642	14,942	13,965	15,311	19,801	25,236	22,510	2,556	10,814	19,712	24,492	32,174	31,265	23,908	21,223	10,716	11,319	3,864	3,898	5,245	4,247	4,845	4,795	3,871	4,424	11,787	11,798	8,340
Accounts receivable, less allowance for credit losses of $1,096 and $1,124
22,131	28,046	26,798	27,955	26,662	25,195	23,290	24,895	22,325	23,083	22,580	23,110	21,661	21,094	21,066	21,354	19,446	19,409	16,643	17,590	19,786	17,558	15,177	15,058	14,713	13,652	11,031	11,344	11,135	9,948	9,391	10,383	9,723	9,514	8,852	9,898	9,480
Inventories
32,063	29,414	27,789	24,432	24,122	22,484	22,258	21,682	22,571	22,451	22,565	19,943	18,838	17,660	18,985	19,311	19,015	17,659	16,567	16,073	15,106	14,257	14,563	12,666	11,082	10,214	7,062	6,028	5,693	5,718	6,878	6,491	7,037	6,563	6,543	6,009	5,680
Prepaid and other current assets
4,293	3,899	3,527	3,297	3,605	2,592	2,662	3,120	3,835	2,273	2,615	3,080	4,145	2,954	3,016	3,373	3,608	3,106	2,477	2,597	2,790	2,044	1,547	1,840	2,098	2,410	779	1,152	1,500	873	802	1,099	1,059	933	1,125	1,227	2,917
Total current assets
127,024	143,160	137,853	146,525	155,019	174,673	88,429	86,765	84,769	82,258	82,146	81,111	79,109	85,717	84,410	86,465	65,393	74,752	84,113	90,739	93,415	93,508	90,721	92,765	107,248	52,487	48,557	53,466	54,357	28,539	30,119	31,428	33,109	31,193	31,740	33,046	30,648
Property and equipment, net
32,324	32,646	30,788	28,095	27,050	27,080	27,964	28,126	28,549	28,749	29,267	29,959	29,930	29,995	30,742	30,902	31,155	31,279	27,455	19,352	13,874	11,552	9,842	6,462	5,769	5,643	4,135	3,685	3,455	3,430	3,205	2,653	2,543	2,351	2,110	2,281	2,723
Operating lease right-of-use assets
3,739	4,032	4,313	1,624	1,778	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-
Long-term investments
-	12,675	20,354	12,860	-	-	-	-	-	-	-	-	-	3,000	6,017	5,525	6,150	7,706	10,381	5,209	2,025	8,894	11,749	11,387	-	7,914	4,678	-	-	0	-	1,499	600	-	-	509	-
Intangible assets, net
129,392	129,881	130,370	48,286	48,770	49,254	49,738	50,080	50,422	50,764	51,105	51,447	51,789	52,131	52,542	52,953	53,364	53,775	7,970	8,272	8,575	8,878	9,233	9,588	9,944	10,299	23	26	29	32	36	39	41	45	47	55	89
Goodwill
234,781	234,781	236,316	105,257	105,257	105,257	105,257	105,257	105,257	105,257	105,257	105,257	105,257	105,257	105,257	105,257	105,257	105,257	35,386	35,386	35,386	35,386	35,386	35,386	35,386	35,386	-	-	-	-	-	-	-	-	-	-	-
Other noncurrent assets
474	705	762	473	486	495	574	619	705	676	676	736	338	321	348	411	391	323	337	351	131	186	209	345	207	218	244	304	286	430	384	405	292	270	221	243	254
Total Assets
527,734	557,880	560,756	343,120	338,360	356,759	271,962	270,847	269,702	267,704	268,451	268,510	266,423	276,421	279,316	281,513	261,710	273,092	165,642	159,309	153,406	158,404	157,140	155,933	158,554	111,947	57,637	57,481	58,127	32,431	33,744	36,024	36,588	33,859	34,120	36,136	33,715
Current liabilities:
Accounts payable
17,302	14,948	13,966	12,592	10,375	9,659	10,587	9,670	11,583	12,431	10,791	11,697	11,259	10,673	10,990	11,926	12,801	12,744	11,174	9,344	9,659	7,621	7,785	7,522	7,921	8,605	5,720	5,196	5,429	5,103	4,795	4,847	5,229	5,270	4,830	5,184	4,511
Accrued liabilities
18,155	32,750	28,158	19,885	17,051	25,840	21,598	17,161	14,714	18,911	18,188	14,707	13,661	16,467	15,008	12,790	12,931	18,394	14,320	11,560	8,974	14,041	11,566	9,317	8,054	16,070	8,518	6,176	5,235	5,073	4,775	4,856	4,545	3,996	3,606	3,884	6,330
Other current liabilities and current maturities of debt and capital leases
3,614	2,218	2,158	6,955	8,039	4,717	1,559	589	575	561	7,093	5,291	3,489	1,688	492	473	462	450	13,571	9,237	5,996	3,981	2,541	41	38	2,038	2,037	2,031	2,030	2,029	2,034	2,039	2,043	1,543	1,534	1,533	2,193
Total current liabilities
39,071	49,916	44,282	39,432	35,465	40,216	33,744	27,420	26,872	31,903	36,072	31,695	28,409	28,828	26,490	25,189	26,194	31,588	39,065	30,141	24,629	25,643	21,892	16,880	16,013	26,713	16,275	13,403	12,694	12,205	11,604	11,742	11,818	10,809	9,971	10,602	13,035
Long-term debt
58,323	59,634	59,517	33,886	32,737	35,571	38,554	39,399	39,313	24,100	18,689	20,421	22,154	23,886	25,023	24,969	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-
Finance lease liabilities
11,577	11,774	11,662	11,834	12,004	12,172	12,336	12,492	12,626	12,761	12,910	13,048	13,184	13,319	13,423	13,504	13,592	13,710	68	68	79	74	55	65	69	4,412	4,922	5,391	5,899	6,407	6,866	7,366	7,872	4,926	5,286	5,670	661
Operating lease liabilities
2,526	2,796	3,076	1,150	1,338	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-
Contingent consideration and other noncurrent liabilities
188,871	186,417	183,998	15,270	17,524	19,419	23,560	31,849	37,768	37,774	41,861	41,845	41,818	41,946	40,946	40,851	40,897	41,109	1,025	409	139	149	158	4,768	8,209	8,218	195	547	934	1,319	1,713	1,980	2,245	2,509	2,770	2,942	3,282
Total Liabilities
300,368	310,537	302,535	101,572	99,068	107,378	108,194	111,160	116,579	106,538	109,532	107,009	105,565	107,979	105,882	104,513	80,683	86,407	40,158	30,618	24,847	25,866	22,105	21,713	24,291	39,343	21,392	19,341	19,527	19,931	20,183	21,088	21,936	18,244	18,028	19,215	16,979
Commitments and contingencies (Note 8)
-	-	-	-	-	-	0	0	0	-	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0
Stockholders' Equity:
Common stock, $0.001 par value, 90,000 shares authorized and 40,077 and 39,655 issued and outstanding
40	40	40	39	39	39	36	35	35	35	34	34	34	33	33	33	33	32	28	28	28	28	27	27	27	23	21	21	21	17	17	17	16	16	16	16	15
Additional paid-in capital
526,302	529,658	524,658	498,402	492,177	496,544	407,442	396,088	388,976	386,963	382,181	377,554	370,374	367,851	364,199	361,023	356,638	352,900	280,668	277,787	273,019	271,282	268,676	266,985	264,297	194,933	153,420	152,660	151,340	123,157	122,268	121,172	119,456	118,853	117,300	116,785	114,402
Accumulated other comprehensive loss
-371	-158	-376	-154	-286	-199	-136	-98	112	34	-10	-47	-393	-468	-449	-490	-284	-611	-490	-543	-798	-348	-588	-178	-139	-139	37	-56	-67	77	7	-90	15	-37	-86	100	79
Accumulated deficit
-298,605	-282,197	-266,101	-256,739	-252,638	-247,003	-243,574	-236,338	-236,000	-225,866	-223,286	-216,040	-209,157	-198,974	-190,349	-183,566	-175,360	-165,636	-154,722	-148,581	-143,690	-138,424	-133,080	-132,614	-129,922	-122,213	-117,233	-114,485	-112,694	-110,751	-108,731	-106,163	-104,836	-103,217	-101,137	-99,981	-97,761
Total Stockholders' Equity
227,366	247,343	258,221	241,548	239,292	249,381	163,768	159,687	153,123	161,166	158,919	161,501	160,858	168,442	173,434	177,000	181,027	186,685	125,484	128,691	128,559	132,538	135,035	134,220	134,263	72,604	36,245	38,140	38,600	12,500	13,561	14,936	14,651	15,615	16,092	16,921	16,735
Total Liabilities and Stockholders' Equity
527,734	557,880	560,756	343,120	338,360	356,759	271,962	270,847	269,702	267,704	268,451	268,510	266,423	276,421	279,316	281,513	261,710	273,092	165,642	159,309	153,406	158,404	157,140	155,933	158,554	111,947	57,637	57,481	58,127	32,431	33,744	36,024	36,588	33,859	34,120	36,136	33,715