Company: SRPT
Filing Date: 2025-02-28
Form Type: 10-K
Source: 0000950170-25-029973
Chunk: 323

Company: Sarepta Therapeutics, Inc.
Filing Date: 2025-02-28
Form: 10-K
Item: Item 1
Chunk 323
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        34,608

        $
        29,786

        Prepaid maintenance services

        13,407

        11,281

        Tax-related receivables and prepaids

        13,132

        6,862

        Prepaid clinical and pre-clinical expenses

        10,220

        10,280

        Prepaid insurance

        3,668

        3,352

        Prepaid commercial expenses

        3,371

        2,729

        Prepaid employee benefits

        2,841

        946

        Other

        9,214

        12,478

        Total other current assets
         
        $
        90,461

        $
        77,714

       The following table summarizes the Company’s other non-current assets for each of the periods indicated: 

        As of December 31,

        2024

        2023

        (in thousands)

        Intangible assets, net
         
        $
        26,887

        $
        29,620

        Manufacturing-related deposits and prepaids

        25,964

        74,204

        Restricted cash*

        15,579

        15,579

        Prepaid maintenance services

        4,381

        5,466

        Strategic investments

        3,710

        6,527

        Other

        3,394

        5,375

        Total other non-current assets
         
        $
        79,915

        $
        136,771

       * The Company had approximately $15.6 million in restricted cash included in other non-current assets on the Company's consolidated balance sheets as of December 31, 2024 and 2023. Restricted cash for both years relates to (i) letters of credit established under the Company's various property leases that serve as security for potential future default of lease payments, (ii) a letter of credit established under a certain commercial supply agreement and (iii) collateralized cash for the Company's credit cards. The restricted cash is unavailable for withdrawal or use for general obligations.

F-25

10. PROPERTY AND EQUIPMENT, NETProperty and equipment are recorded at historical cost, net of accumulated depreciation and accumulated impairment losses. The following table summarizes components of property and equipment, net, for each of the periods indicated