Certara Inc
For the period ended Dec 31, 2024. Filed Feb 26, 2025.
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.
FY2024 · Filed Feb 26, 2025
CERT$12.13-0.8%Stored close · as of Nov 10, 2026
Extracted filing text, with the paragraph anchors used by the comparison.
See the whole filing, with its images and exhibitsContents
Consolidated Balance Sheets
| DECEMBER 31, | ||
|---|---|---|
| (IN THOUSANDS, EXCEPT PER SHARE AND SHARE DATA) | 2024 | 2023 |
| Assets | ||
| Current assets: | ||
| Cash and cash equivalents | $179,183 | $234,951 |
| Accounts receivable, net of allowances for credit losses of $2,164 and $1,312, respectively | 102,189 | 84,857 |
| Prepaid expenses and other current assets | 29,480 | 20,393 |
| Total current assets | 310,852 | 340,201 |
| Other assets: | ||
| Property and equipment, net | 2,167 | 2,670 |
| Operating lease right-of-use assets | 13,841 | 9,604 |
| Goodwill | 757,038 | 716,333 |
| Intangible assets, net of $338,809 and $273,522, respectively | 485,214 | 487,043 |
| Deferred income taxes | 3,961 | 4,236 |
| Other long-term assets | 2,031 | 3,053 |
| Total assets | $1,575,104 | $1,563,140 |
| Liabilities and stockholders' equity | ||
| Current liabilities: | ||
| Accounts payable | $3,502 | $5,171 |
| Accrued expenses | 56,451 | 56,779 |
| Current portion of deferred revenue | 77,829 | 60,678 |
| Current portion of long-term debt | 3,000 | 3,020 |
| Other current liabilities | 5,306 | 4,375 |
| Total current liabilities | 146,088 | 130,023 |
| Long-term liabilities: | ||
| Deferred revenue, net of current portion | 1,049 | 1,070 |
| Deferred income taxes | 40,421 | 50,826 |
| Operating lease liabilities, net of current portion | 11,166 | 6,955 |
| Long-term debt, net of current portion and debt discount | 292,425 | 288,217 |
| Other long-term liabilities | 25,299 | 39,209 |
| Total liabilities | 516,448 | 516,300 |
| Commitments and contingencies | ||
| Stockholders' equity | ||
| Preferred shares, $0.01 par value, 50,000,000 and no shares authorized, issued, and outstanding as of December 31, 2024 and 2023, respectively | — | — |
| Common shares, $0.01 par value, 600,000,000 shares authorized, 161,958,810 and 160,284,901 shares issued as of December 31, 2024 and 2023, respectively; 161,009,112 and 159,848,286 shares outstanding as of December 31, 2024 and 2023, respectively | 1,620 | 1,603 |
| Additional paid-in capital | 1,216,925 | 1,178,461 |
| Accumulated deficit | (128,281) | (116,230) |
| Accumulated other comprehensive loss | (13,424) | (7,593) |
| Treasury stock at cost, 949,698 and 436,615 shares at December 31, 2024 and 2023, respectively | (18,184) | (9,401) |
| Total stockholders' equity | 1,058,656 | 1,046,840 |
| Total liabilities and stockholders' equity | $1,575,104 | $1,563,140 |
The text of this filing, as the company filed it with the SEC, without its images or exhibits. This is not investment advice.