XML 21 R2.htm IDEA: XBRL DOCUMENT v3.24.0.1
Consolidated Balance Sheets - USD ($)
$ in Thousands
Dec. 31, 2023
Dec. 31, 2022
Current assets    
Cash and cash equivalents $ 97,473 $ 79,506
Marketable securities 326,681 446,729
Trade accounts receivable, net of allowance for credit losses of $25,226 and $41,205 51,132 52,749
Other current assets 32,559 48,889
Total current assets 507,845 627,873
Marketable securities, long-term 423,571 326,648
Redeemable preferred stock investment 20,438 12,385
Fixed assets, net 83,464 81,353
Intangible assets, net 143,053 150,643
Goodwill, net 22,055 143,027
Other long-term assets 34,902 44,124
Total assets 1,235,328 1,386,053
Current liabilities    
Accounts payable 15,360 23,093
Accrued liabilities 30,737 24,981
Contract liabilities 2,874 3,199
Customer deposit 22,700 10,895
Investment margin loan   14,999
Notes payable, current portion 1,183 5,639
Other current liabilities 164 5,301
Total current liabilities 73,018 88,107
Unrecognized tax benefits 5,978 9,836
Deferred tax liabilities 7,962  
Other long-term liabilities 15,084 18,235
Total liabilities 102,042 116,178
Commitments and contingencies (Note 8)
Stockholders’ equity    
Common stock, $0.0001 par value per share, 50,000 shares authorized, 32,416 shares issued and 29,653 shares outstanding and 31,248 shares issued and 29,438 shares outstanding 3 3
Preferred stock, $0.0001 par value per share, 1,000 shares authorized, no shares issued or outstanding  
Additional paid-in capital 501,718 486,585
Accumulated other comprehensive income (loss) 1,205 (20,903)
Retained earnings 633,175 801,000
Total Fulgent stockholders' equity 1,136,101 1,266,685
Noncontrolling interest (2,815) 3,190
Total stockholders’ equity 1,133,286 1,269,875
Total liabilities and stockholders’ equity $ 1,235,328 $ 1,386,053