Alphatec Holdings Inc

For the period ended Dec 31, 2023. Filed Feb 27, 2024.

About this filing

A company's yearly report to the SEC, with audited financial statements. It is the fullest account a company gives of its business, its finances and the risks it sees.

FY2023 · Filed Feb 27, 2024

ATEC$7.38-0.8%Stored close · as of Nov 9, 2026

Extracted filing text, with the paragraph anchors used by the comparison.

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Contents

Consolidated Balance Sheets

(In thousands, except par value data)

	December 31,
	2023	2022
Assets
Current assets:
Cash and cash equivalents	$220,970	$84,696
Accounts receivable, net of allowances of $910 and $679, respectively	72,613	60,060
Inventories	136,842	101,521
Prepaid expenses and other current assets	20,666	9,357
Total current assets	451,091	255,634
Property and equipment, net	149,835	101,952
Right-of-use assets	26,410	28,360
Goodwill	73,003	47,367
Intangible assets, net	102,451	82,781
Other assets	2,418	4,874
Total assets	$805,208	$520,968
Liabilities and Stockholders’ Equity (Deficit)
Current liabilities:
Accounts payable	$48,985	$34,742
Accrued expenses and other current liabilities	87,712	72,382
Contract liabilities	13,910	11,956
Short-term debt	1,808	14,948
Current portion of operating lease liabilities	5,159	4,842
Total current liabilities	157,574	138,870
Long-term debt	511,035	349,511
Operating lease liabilities, less current portion	23,677	26,562
Other long-term liabilities	11,203	17,089
Redeemable preferred stock, $0.0001 par value; 20,000 shares authorized, and 3,319 shares issued and outstanding at December 31, 2023 and 2022	23,603	23,603
Commitments and contingencies (Note 7)
Stockholders’ equity (deficit):
Series A convertible preferred stock, $0.0001 par value; 15 shares authorized, and 0 shares issued and outstanding at December 31, 2023 and 2022	—	—
Common stock, $0.0001 par value; 200,000 authorized; 139,257 shares issued and 139,245 outstanding at December 31, 2023, and 106,673 shares issued and 106,640 shares outstanding at December 31, 2022	14	11
Treasury stock, 1,808 shares at December 31, 2023 and December 31, 2022	(25,097)	(25,097)
Additional paid-in capital	1,230,484	933,537
Accumulated other comprehensive loss	(8,323)	(10,794)
Accumulated deficit	(1,118,962)	(932,324)
Total stockholders’ equity (deficit)	78,116	(34,667)
Total liabilities and stockholders’ equity (deficit)	$805,208	$520,968

ContentsView on SEC.gov

The text of this filing, as the company filed it with the SEC, without its images or exhibits. This is not investment advice.