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Consolidated Balance Sheets - USD ($)
Dec. 31, 2021
Dec. 31, 2020
Current assets    
Cash and cash equivalents $ 139,065,000 $ 123,436,000
Short-term marketable securities (amortized cost of $214,115 and $564,036, respectively) 213,996,000 564,833,000
Accounts receivable, net 17,409,000 10,047,000
Inventory 19,263,000 14,063,000
Prepaid expenses and other current assets 13,015,000 14,535,000
Total current assets 402,748,000 726,914,000
Long-term assets    
Property and equipment, net 85,262,000 39,692,000
Operating lease right-of-use assets 87,678,000 99,350,000
Long-term marketable securities (amortized cost of $218,163 and $118,429, respectively) 217,145,000 118,525,000
Restricted cash 2,138,000 2,138,000
Intangible assets, net 8,526,000 10,225,000
Goodwill 118,972,000 118,972,000
Other assets 875,000 598,000
Total assets 923,344,000 1,116,414,000
Current liabilities    
Accounts payable 3,307,000 3,237,000
Accrued liabilities 9,343,000 13,162,000
Accrued compensation and benefits 15,642,000 11,950,000
Current portion of operating lease liabilities 5,055,000 3,529,000
Current portion of deferred revenue 80,460,000 73,319,000
Total current liabilities 113,807,000 105,197,000
Long-term liabilities    
Operating lease liabilities, less current portion 106,685,000 104,333,000
Deferred revenue, less current portion 98,750,000 163,618,000
Total liabilities 319,242,000 373,148,000
Commitments and contingencies (Note 11)
Shareholders’ equity    
Preferred stock: $0.0001 par value, 10,000,000 shares authorized at December 31, 2021 and 2020; no shares issued and outstanding at December 31, 2021 and 2020
Common stock: $0.0001 par value, 340,000,000 shares authorized at December 31, 2021 and 2020; 141,393,865 and 137,646,896 shares issued and outstanding at December 31, 2021 and 2020, respectively 14,000 14,000
Additional paid-in capital 1,324,006,000 1,253,971,000
Accumulated other comprehensive (loss) gain (1,137,000) 893,000
Accumulated deficit (718,891,000) (511,612,000)
Total Adaptive Biotechnologies Corporation shareholders’ equity 603,992,000 743,266,000
Noncontrolling interest 110,000  
Total shareholders’ equity 604,102,000 743,266,000
Total liabilities and shareholders’ equity $ 923,344,000 $ 1,116,414,000