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Condensed Consolidated Balance Sheets (Unaudited) - USD ($)
Sep. 30, 2022
Dec. 31, 2021
Current assets    
Cash and cash equivalents $ 217,552,000 $ 139,065,000
Short-term marketable securities (amortized cost of $295,689 and $214,115, respectively) 290,527,000 213,996,000
Accounts receivable, net 26,549,000 17,409,000
Inventory 17,345,000 19,263,000
Prepaid expenses and other current assets 12,407,000 13,015,000
Total current assets 564,380,000 402,748,000
Long-term assets    
Property and equipment, net 86,662,000 85,262,000
Operating lease right-of-use assets 82,605,000 87,678,000
Long-term marketable securities (amortized cost of $20,507 and $218,163, respectively) 19,698,000 217,145,000
Restricted cash 2,433,000 2,138,000
Intangible assets, net 7,256,000 8,526,000
Goodwill 118,972,000 118,972,000
Other assets 2,202,000 875,000
Total assets 884,208,000 923,344,000
Current liabilities    
Accounts payable 4,163,000 3,307,000
Accrued liabilities 10,702,000 9,343,000
Accrued compensation and benefits 12,733,000 15,642,000
Current portion of operating lease liabilities 8,528,000 5,055,000
Current portion of deferred revenue 67,892,000 80,460,000
Total current liabilities 104,018,000 113,807,000
Long-term liabilities    
Operating lease liabilities, less current portion 100,521,000 106,685,000
Deferred revenue, less current portion 67,300,000 98,750,000
Revenue interest liability, net 124,555,000  
Total liabilities 396,394,000 319,242,000
Commitments and contingencies (Note 9)
Shareholders’ equity    
Preferred stock: $0.0001 par value, 10,000,000 shares authorized at September 30, 2022 and December 31, 2021; no shares issued and outstanding at September 30, 2022 and December 31, 2021
Common stock: $0.0001 par value, 340,000,000 shares authorized at September 30, 2022 and December 31, 2021; 142,987,127 and 141,393,865 shares issued and outstanding at September 30, 2022 and December 31, 2021, respectively 14,000 14,000
Additional paid-in capital 1,372,751,000 1,324,006,000
Accumulated other comprehensive loss (5,971,000) (1,137,000)
Accumulated deficit (878,954,000) (718,891,000)
Total Adaptive Biotechnologies Corporation shareholders’ equity 487,840,000 603,992,000
Noncontrolling interest (26,000) 110,000
Total shareholders’ equity 487,814,000 604,102,000
Total liabilities and shareholders’ equity $ 884,208,000 $ 923,344,000