| AMBARELLA, INC. | ||||||||
| CONDENSED CONSOLIDATED BALANCE SHEETS | ||||||||
| (unaudited, in thousands) | ||||||||
| July 31, | January 31, | |||||||
| 2023 | 2023 | |||||||
| ASSETS | ||||||||
| Current assets: | ||||||||
| Cash and cash equivalents | $ | 122,515 | $ | 113,541 | ||||
| Marketable debt securities | 93,997 | 93,322 | ||||||
| Accounts receivable, net | 30,158 | 51,987 | ||||||
| Inventories | 34,770 | 40,486 | ||||||
| Restricted cash | 8 | 8 | ||||||
| Prepaid expenses and other current assets | 5,199 | 5,288 | ||||||
| Total current assets | 286,647 | 304,632 | ||||||
| Property and equipment, net | 11,246 | 11,814 | ||||||
| Deferred tax assets, non-current | 22,184 | 19,276 | ||||||
| Intangible assets, net | 63,121 | 58,497 | ||||||
| Operating lease right-of-use assets, net | 6,626 | 8,339 | ||||||
| Goodwill | 303,625 | 303,625 | ||||||
| Other non-current assets | 2,795 | 4,012 | ||||||
| Total assets | $ | 696,244 | $ | 710,195 | ||||
| LIABILITIES AND SHAREHOLDERS' EQUITY | ||||||||
| Current liabilities: | ||||||||
| Accounts payable | 11,943 | 17,845 | ||||||
| Accrued and other current liabilities | 54,032 | 56,655 | ||||||
| Operating lease liabilities, current | 3,548 | 3,539 | ||||||
| Income taxes payable | 2,458 | 4,112 | ||||||
| Deferred revenue, current | 2,709 | 1,311 | ||||||
| Total current liabilities | 74,690 | 83,462 | ||||||
| Operating lease liabilities, non-current | 3,216 | 5,097 | ||||||
| Other long-term liabilities | 16,020 | 15,548 | ||||||
| Total liabilities | 93,926 | 104,107 | ||||||
| Shareholders' equity: | ||||||||
| Preference shares | — | — | ||||||
| Ordinary shares | 18 | 18 | ||||||
| Additional paid-in capital | 635,844 | 572,076 | ||||||
| Accumulated other comprehensive loss | (930 | ) | (492 | ) | ||||
| Retained earnings (accumulated deficit) | (32,614 | ) | 34,486 | |||||
| Total shareholders’ equity | 602,318 | 606,088 | ||||||
| Total liabilities and shareholders' equity | $ | 696,244 | $ | 710,195 | ||||
