ALKAMI TECHNOLOGY INC
For the period ended Dec 31, 2023. Filed Feb 29, 2024.
View on SEC.govAbout 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 29, 2024
ALKT$14.22+6.0%Stored close · as of Nov 9, 2026
Extracted filing text, with the paragraph anchors used by the comparison.
See the whole filing, with its images and exhibitsContents
Consolidated Balance Sheets
(in thousands, except share and per share data)
| December 31, | ||
|---|---|---|
| 2023 | 2022 | |
| Assets | ||
| Current assets | ||
| Cash and cash equivalents | $40,927 | $108,720 |
| Marketable securities | 51,196 | 87,635 |
| Accounts receivable, net | 35,499 | 26,246 |
| Deferred implementation costs, current | 10,329 | 7,855 |
| Prepaid expenses and other current assets | 10,634 | 11,709 |
| Total current assets | 148,585 | 242,165 |
| Property and equipment, net | 16,946 | 13,561 |
| Right-of-use assets | 15,754 | 14,670 |
| Deferred implementation costs, net of current portion | 30,734 | 24,783 |
| Intangibles, net | 35,807 | 42,593 |
| Goodwill | 148,050 | 148,017 |
| Other assets | 3,949 | 3,096 |
| Total assets | $399,825 | $488,885 |
| Liabilities and Stockholders' Equity | ||
| Current liabilities | ||
| Current portion of long-term debt | $— | $3,188 |
| Accounts payable(1) | 7,478 | 4,291 |
| Accrued liabilities | 19,763 | 21,643 |
| Deferred revenues, current portion | 10,984 | 8,835 |
| Lease liabilities, current portion | 1,205 | 3,657 |
| Total current liabilities | 39,430 | 41,614 |
| Long-term debt, net | — | 81,392 |
| Deferred revenues, net of current portion | 15,384 | 13,904 |
| Deferred income taxes | 1,713 | 1,712 |
| Lease liabilities, net of current portion | 18,052 | 15,817 |
| Other non-current liabilities | 305 | 400 |
| Total liabilities | 74,884 | 154,839 |
| Commitments and contingencies (Note 13) | ||
| Stockholders’ Equity | ||
| Preferred stock, $0.001 par value, 10,000,000 shares authorized and 0 shares issued and outstanding as of December 31, 2023 and 2022 | — | — |
| Common stock, $0.001 par value, 500,000,000 shares authorized and 96,722,098 and 92,112,749 shares issued and outstanding as of December 31, 2023 and 2022, respectively | 97 | 92 |
| Additional paid-in capital | 760,210 | 706,407 |
| Accumulated deficit | (435,366) | (372,453) |
| Total stockholders’ equity | 324,941 | 334,046 |
| Total liabilities and stockholders' equity | $399,825 | $488,885 |
(1)Includes related party accounts payable of $0.3 million and $0.3 million as of December 31, 2023 and December 31, 2022, respectively. See Note 17.
The text of this filing, as the company filed it with the SEC, without its images or exhibits. This is not investment advice.