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Consolidated Balance Sheets - USD ($)
Dec. 31, 2022
Dec. 31, 2021
Current assets    
Cash and cash equivalents $ 90,030,000 $ 139,065,000
Short-term marketable securities (amortized cost of $412,282 and $214,115, respectively) 408,166,000 213,996,000
Accounts receivable, net 40,057,000 17,409,000
Inventory 14,453,000 19,263,000
Prepaid expenses and other current assets 9,440,000 13,015,000
Total current assets 562,146,000 402,748,000
Long-term assets    
Property and equipment, net 83,447,000 85,262,000
Operating lease right-of-use assets 80,763,000 87,678,000
Long-term marketable securities (amortized cost of $218,163) 217,145,000
Restricted cash 2,398,000 2,138,000
Intangible assets, net 6,827,000 8,526,000
Goodwill 118,972,000 118,972,000
Other assets 2,064,000 875,000
Total assets 856,617,000 923,344,000
Current liabilities    
Accounts payable 8,084,000 3,307,000
Accrued liabilities 12,424,000 9,343,000
Accrued compensation and benefits 15,935,000 15,642,000
Current portion of operating lease liabilities 9,230,000 5,055,000
Current deferred revenue 64,115,000 80,460,000
Total current liabilities 109,788,000 113,807,000
Long-term liabilities    
Operating lease liabilities, less current portion 98,772,000 106,685,000
Deferred revenue, less current portion 58,599,000 98,750,000
Revenue interest liability, net 125,360,000  
Total liabilities 392,519,000 319,242,000
Commitments and contingencies (Note 12)  
Shareholders’ equity    
Preferred stock: $0.0001 par value, 10,000,000 shares authorized at December 31, 2022 and 2021; no shares issued and outstanding at December 31, 2022 and 2021
Common stock: $0.0001 par value, 340,000,000 shares authorized at December 31, 2022 and 2021; 143,105,002 and 141,393,865 shares issued and outstanding at December 31, 2022 and 2021, respectively 14,000 14,000
Additional paid-in capital 1,387,349,000 1,324,006,000
Accumulated other comprehensive loss (4,116,000) (1,137,000)
Accumulated deficit (919,082,000) (718,891,000)
Total Adaptive Biotechnologies Corporation shareholders’ equity 464,165,000 603,992,000
Noncontrolling interest (67,000) 110,000
Total shareholders’ equity 464,098,000 604,102,000
Total liabilities and shareholders’ equity $ 856,617,000 $ 923,344,000