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Condensed Consolidated Balance Sheets (Unaudited) - USD ($)
Mar. 31, 2021
Dec. 31, 2020
Current assets    
Cash and cash equivalents $ 173,624,000 $ 123,436,000
Short-term marketable securities (amortized cost of $540,016 and $564,036, respectively) 540,640,000 564,833,000
Accounts receivable, net 19,754,000 10,047,000
Inventory 17,422,000 14,063,000
Prepaid expenses and other current assets 13,520,000 14,535,000
Total current assets 764,960,000 726,914,000
Long-term assets    
Property and equipment, net 56,308,000 39,692,000
Operating lease right-of-use assets 88,504,000 99,350,000
Long-term marketable securities (amortized cost of $30,681 and $118,429, respectively) 30,688,000 118,525,000
Restricted cash 2,138,000 2,138,000
Intangible assets, net 9,806,000 10,225,000
Goodwill 118,972,000 118,972,000
Other assets 717,000 598,000
Total assets 1,072,093,000 1,116,414,000
Current liabilities    
Accounts payable 5,197,000 3,237,000
Accrued liabilities 13,484,000 13,162,000
Accrued compensation and benefits 5,431,000 11,950,000
Current portion of operating lease liabilities 4,308,000 3,529,000
Current portion of deferred revenue 78,348,000 73,319,000
Total current liabilities 106,768,000 105,197,000
Long-term liabilities    
Operating lease liabilities, less current portion 95,252,000 104,333,000
Deferred revenue, less current portion 144,356,000 163,618,000
Total liabilities 346,376,000 373,148,000
Commitments and contingencies (Note 9)
Shareholders’ equity    
Preferred stock: $0.0001 par value, 10,000,000 shares authorized at March 31, 2021 and December 31, 2020; no shares issued and outstanding at March 31, 2021 and December 31, 2020
Common stock: $0.0001 par value, 340,000,000 shares authorized at March 31, 2021 and December 31, 2020; 139,884,698 and 137,646,896 shares issued and outstanding at March 31, 2021 and December 31, 2020, respectively 14,000 14,000
Additional paid-in capital 1,277,197,000 1,253,971,000
Accumulated other comprehensive gain 631,000 893,000
Accumulated deficit (552,254,000) (511,612,000)
Total Adaptive Biotechnologies Corporation shareholders’ equity 725,588,000 743,266,000
Noncontrolling interest 129,000  
Total shareholders’ equity 725,717,000 743,266,000
Total liabilities and shareholders’ equity $ 1,072,093,000 $ 1,116,414,000