XML 21 R2.htm IDEA: XBRL DOCUMENT v3.22.2
Condensed Consolidated Balance Sheets (Unaudited) - USD ($)
$ in Thousands
Jun. 30, 2022
Dec. 31, 2021
Current assets:    
Cash and cash equivalents $ 127,319 $ 120,267
Restricted cash 3,500 3,000
Marketable securities 382,246 456,212
Accounts receivable, net of allowance for doubtful accounts of $124 and $108 18,767 31,744
Unbilled and other receivables, net for allowance for unbilled receivables of $40 and $30 12,978 8,807
Prepaid expenses 12,062 5,030
Total current assets 556,872 625,060
Property and equipment, net 11,524 10,025
Equity investments 21,903 43,167
Goodwill 4,791  
Intangible assets, net 853  
Right of use assets 90,133 75,384
Other assets 1,804 2,851
Total assets 687,880 756,487
Current liabilities:    
Accounts payable 5,263 8,079
Accrued payroll, taxes, and benefits 16,533 18,405
Deferred revenue 47,440 55,368
Lease liabilities 7,180 2,042
Other accrued liabilities 9,174 7,317
Total current liabilities 85,590 91,211
Deferred revenue, long-term 20,105 30,064
Lease liabilities, long-term 88,112 77,827
Other liabilities, long-term 1,000 300
Total liabilities 194,807 199,402
Commitments and contingencies (Note 6)
Stockholders' equity:    
Preferred stock, $0.01 par value. Authorized 10,000,000 shares; zero shares issued and outstanding at June 30, 2022 and December 31, 2021
Additional paid-in capital 807,827 786,964
Accumulated deficit (312,078) (229,952)
Accumulated other comprehensive loss (3,403) (651)
Total stockholders’ equity of Schrödinger stockholders 493,058 557,071
Noncontrolling interest 15 14
Total stockholders’ equity 493,073 557,085
Total liabilities and stockholders’ equity 687,880 756,487
Common Stock    
Stockholders' equity:    
Common stock 620 618
Limited Common Stock    
Stockholders' equity:    
Common stock $ 92 $ 92