AMBARELLA, INC. | |||||||
CONDENSED CONSOLIDATED BALANCE SHEETS | |||||||
(unaudited, in thousands) | |||||||
July 31, | January 31, | ||||||
2022 |
2022
| ||||||
ASSETS | |||||||
Current assets: | |||||||
Cash and cash equivalents | $ | 194,944 | $ | 171,043 | |||
Marketable debt securities | 2,970 | — | |||||
Accounts receivable, net | 37,698 | 44,307 | |||||
Inventories | 40,103 | 45,219 | |||||
Restricted cash | 10 | 10 | |||||
Prepaid expenses and other current assets | 7,138 | 6,169 | |||||
Total current assets | 282,863 | 266,748 | |||||
Property and equipment, net | 10,443 | 10,134 | |||||
Deferred tax assets, non-current | 14,159 | 15,340 | |||||
Intangible assets, net | 49,563 | 46,302 | |||||
Operating lease right-of-use assets, net | 10,263 | 11,127 | |||||
Goodwill | 303,625 | 303,625 | |||||
Other non-current assets | 3,504 | 4,269 | |||||
Total assets | $ | 674,420 | $ | 657,545 | |||
LIABILITIES AND SHAREHOLDERS' EQUITY | |||||||
Current liabilities: | |||||||
Accounts payable | 22,074 | 31,170 | |||||
Accrued and other current liabilities | 48,396 | 52,064 | |||||
Operating lease liabilities, current | 3,506 | 3,391 | |||||
Income taxes payable | 3,110 | 1,245 | |||||
Deferred revenue, current | 457 | 1,414 | |||||
Total current liabilities | 77,543 | 89,284 | |||||
Operating lease liabilities, non-current | 7,024 | 8,322 | |||||
Other long-term liabilities | 11,742 | 12,763 | |||||
Total liabilities | 96,309 | 110,369 | |||||
Shareholders' equity: | |||||||
Preference shares | — | — | |||||
Ordinary shares | 17 | 17 | |||||
Additional paid-in capital | 512,696 | 447,287 | |||||
Accumulated other comprehensive loss | (2 | ) | — | ||||
Retained earnings | 65,400 | 99,872 | |||||
Total shareholders’ equity | 578,111 | 547,176 | |||||
Total liabilities and shareholders' equity | $ | 674,420 | $ | 657,545 | |||