XML 13 R2.htm IDEA: XBRL DOCUMENT v3.22.1
Condensed Consolidated Balance Sheets (Unaudited) - USD ($)
Mar. 31, 2022
Dec. 31, 2021
Current assets    
Cash and cash equivalents $ 114,805,000 $ 139,065,000
Short-term marketable securities (amortized cost of $250,448 and $214,115, respectively) 248,757,000 213,996,000
Accounts receivable, net 22,518,000 17,409,000
Inventory 21,002,000 19,263,000
Prepaid expenses and other current assets 12,038,000 13,015,000
Total current assets 419,120,000 402,748,000
Long-term assets    
Property and equipment, net 85,994,000 85,262,000
Operating lease right-of-use assets 85,634,000 87,678,000
Long-term marketable securities (amortized cost of $140,202 and $218,163, respectively) 137,110,000 217,145,000
Restricted cash 2,382,000 2,138,000
Intangible assets, net 8,107,000 8,526,000
Goodwill 118,972,000 118,972,000
Other assets 874,000 875,000
Total assets 858,193,000 923,344,000
Current liabilities    
Accounts payable 5,959,000 3,307,000
Accrued liabilities 10,407,000 9,343,000
Accrued compensation and benefits 6,651,000 15,642,000
Current portion of operating lease liabilities 8,545,000 5,055,000
Current portion of deferred revenue 83,504,000 80,460,000
Total current liabilities 115,066,000 113,807,000
Long-term liabilities    
Operating lease liabilities, less current portion 104,978,000 106,685,000
Deferred revenue, less current portion 84,894,000 98,750,000
Total liabilities 304,938,000 319,242,000
Commitments and contingencies (Note 9)
Shareholders’ equity    
Preferred stock: $0.0001 par value, 10,000,000 shares authorized at March 31, 2022 and December 31, 2021; no shares issued and outstanding at March 31, 2022 and December 31, 2021
Common stock: $0.0001 par value, 340,000,000 shares authorized at March 31, 2022 and December 31, 2021; 142,183,258 and 141,393,865 shares issued and outstanding at March 31, 2022 and December 31, 2021, respectively 14,000 14,000
Additional paid-in capital 1,339,601,000 1,324,006,000
Accumulated other comprehensive loss (4,783,000) (1,137,000)
Accumulated deficit (781,627,000) (718,891,000)
Total Adaptive Biotechnologies Corporation shareholders’ equity 553,205,000 603,992,000
Noncontrolling interest 50,000 110,000
Total shareholders’ equity 553,255,000 604,102,000
Total liabilities and shareholders’ equity $ 858,193,000 $ 923,344,000