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Consolidated Balance Sheets - USD ($)
$ in Thousands
Dec. 31, 2021
Dec. 31, 2020
Current assets:    
Cash and cash equivalents $ 120,267 $ 202,296
Restricted cash 3,000 500
Marketable securities 456,212 440,395
Accounts receivable, net of allowance for doubtful accounts of $108 and $60 31,744 31,423
Unbilled and other receivables, net for allowance for unbilled receivables of $30 and $0 8,807 3,955
Prepaid expenses 5,030 4,409
Total current assets 625,060 682,978
Property and equipment, net 10,025 5,140
Equity investments 43,167 45,664
Right of use assets 75,384 10,129
Other assets 2,851 2,352
Total assets 756,487 746,263
Current liabilities:    
Accounts payable 8,079 8,398
Accrued payroll, taxes, and benefits 18,405 12,000
Deferred revenue 55,368 45,403
Lease liabilities 2,042 4,543
Other accrued liabilities 7,317 2,861
Total current liabilities 91,211 73,205
Deferred revenue, long-term 30,064 41,164
Lease liabilities, long-term 77,827 7,221
Other liabilities, long-term 300 654
Total liabilities 199,402 122,244
Commitments and contingencies (Note 6)
Stockholders’ equity:    
Preferred stock
Additional paid-in capital 786,964 752,558
Accumulated deficit (229,952) (129,559)
Accumulated other comprehensive (loss) income (651) 317
Total stockholders’ equity of Schrödinger stockholders 557,071 624,015
Noncontrolling interest 14 4
Total stockholders’ equity 557,085 624,019
Total liabilities and stockholders’ equity 756,487 746,263
Common Stock    
Stockholders’ equity:    
Common stock 618 607
Limited Common Stock    
Stockholders’ equity:    
Common stock $ 92 $ 92