Company: QLYS
Filing Date: 2025-11-04
Form Type: 10-Q
Source: 0001107843-25-000038
Chunk: 147

Company: QUALYS, INC.
Filing Date: 2025-11-04
Form: 10-Q
Item: Part I, Item 1
Chunk 147
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Item 1.                                 Financial Statements

Qualys, Inc.

CONDENSED CONSOLIDATED BALANCE SHEETS

(unaudited)

(in thousands, except per share data)

September 30,2025December 31,2024AssetsCurrent assets:Cash and cash equivalents$225,253 $232,182 Short-term marketable securities193,321 149,241 Accounts receivable, net of allowance of $1,488 and $1,064 as of September 30, 2025 and December 31, 2024, respectively128,418 164,551 Prepaid expenses and other current assets49,720 39,717 Total current assets596,712 585,691 Long-term marketable securities244,984 193,887 Property and equipment, net24,792 30,349 Operating leases - right of use asset47,959 40,968 Deferred tax assets, net76,258 81,307 Intangible assets, net4,894 6,812 Goodwill7,447 7,447 Noncurrent restricted cash1,200 1,200 Other noncurrent assets27,743 25,876 Total assets$1,031,989 $973,537 Liabilities and Stockholders’ EquityCurrent liabilities:Accounts payable$1,823 $1,270 Accrued liabilities51,136 45,942 Deferred revenues, current371,476 371,457 Operating lease liabilities, current7,345 9,721 Total current liabilities431,780 428,390 Deferred revenues, noncurrent16,336 24,265 Operating lease liabilities, noncurrent47,264 37,500 Other noncurrent liabilities7,206 6,266 Total liabilities502,586 496,421 Commitments and contingencies (Note 8)Stockholders’ equity:Preferred stock: $0.001 par value; 20,000 shares authorized, no shares issued and outstanding as of September 30, 2025 and December 31, 2024— — Common stock: $0.001 par value; 1,000,000 shares authorized, 35,908 and 36,503 shares issued and outstanding as of September 30, 2025 and December 31, 2024, respectively36 37 Additional paid-in capital710,450 664,879