Alphatec Holdings Inc
For the period ended Jun 30, 2024. Filed Jul 31, 2024.
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A company's report for each of its first three quarters. The financial statements are not audited. It shows how the business has moved since the last annual report, and what management says changed.
Jun 30, 2024 · Filed Jul 31, 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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Condensed Consolidated Balance Sheets
(In thousands, except for par value data)
| June 30,2024 | December 31, 2023 | |
|---|---|---|
| Assets · (Unaudited) | ||
| Current assets: | ||
| Cash and cash equivalents | $99,828 | $220,970 |
| Accounts receivable, net of allowances of $4,760 and $910, respectively | 83,985 | 72,613 |
| Inventories | 172,314 | 136,842 |
| Prepaid expenses and other current assets | 20,478 | 20,666 |
| Total current assets | 376,605 | 451,091 |
| Property and equipment, net | 180,614 | 149,835 |
| Right-of-use assets | 37,178 | 26,410 |
| Goodwill | 72,008 | 73,003 |
| Intangible assets, net | 99,152 | 102,451 |
| Other assets | 3,029 | 2,418 |
| Total assets | $768,586 | $805,208 |
| Liabilities and Stockholders’ Equity | ||
| Current liabilities: | ||
| Accounts payable | $72,739 | $48,985 |
| Accrued expenses and other current liabilities | 75,925 | 87,712 |
| Contract liabilities | 11,775 | 13,910 |
| Short-term debt | 2,289 | 1,808 |
| Current portion of operating lease liabilities | 6,723 | 5,159 |
| Total current liabilities | 169,451 | 157,574 |
| Long-term debt | 516,881 | 511,035 |
| Operating lease liabilities, less current portion | 29,626 | 23,677 |
| Other long-term liabilities | 11,914 | 11,203 |
| Commitments and contingencies (Note 9) | ||
| Redeemable preferred stock, $0.0001 par value; 20,000 shares authorized at June 30, 2024 and December 31, 2023; 3,319 shares issued and outstanding at June 30, 2024 and December 31, 2023 | 23,603 | 23,603 |
| Stockholders' equity: | ||
| Common stock, $0.0001 par value; 200,000 authorized; 143,014 shares issued and outstanding at June 30, 2024; and 139,257 shares issued and 139,245 shares outstanding at December 31, 2023 | 14 | 14 |
| Treasury stock, 1,808 shares, at cost | (25,097) | (25,097) |
| Additional paid-in capital | 1,261,860 | 1,230,484 |
| Accumulated other comprehensive loss | (11,529) | (8,323) |
| Accumulated deficit | (1,208,137) | (1,118,962) |
| Total stockholders’ equity | 17,111 | 78,116 |
| Total liabilities and stockholders’ equity | $768,586 | $805,208 |
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