Company: QLYS
Filing Date: 2025-08-05
Form Type: 10-Q
Source: 0001107843-25-000031
Chunk: 134

Company: QUALYS, INC.
Filing Date: 2025-08-05
Form: 10-Q
Item: Part I, Item 1
Chunk 134
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Item 1.                                 Financial Statements

Qualys, Inc.

CONDENSED CONSOLIDATED BALANCE SHEETS

(unaudited)

(in thousands, except per share data)

June 30,2025December 31,2024AssetsCurrent assets:Cash and cash equivalents$193,983 $232,182 Short-term marketable securities176,048 149,241 Accounts receivable, net of allowance of $1,432 and $1,064 as of June 30, 2025 and December 31, 2024, respectively128,675 164,551 Prepaid expenses and other current assets44,266 39,717 Total current assets542,972 585,691 Long-term marketable securities251,179 193,887 Property and equipment, net26,162 30,349 Operating leases - right of use asset48,678 40,968 Deferred tax assets, net91,551 81,307 Intangible assets, net5,533 6,812 Goodwill7,447 7,447 Noncurrent restricted cash1,200 1,200 Other noncurrent assets24,783 25,876 Total assets$999,505 $973,537 Liabilities and Stockholders’ EquityCurrent liabilities:Accounts payable$1,977 $1,270 Accrued liabilities52,768 45,942 Deferred revenues, current354,971 371,457 Operating lease liabilities, current7,099 9,721 Total current liabilities416,815 428,390 Deferred revenues, noncurrent19,229 24,265 Operating lease liabilities, noncurrent48,248 37,500 Other noncurrent liabilities7,046 6,266 Total liabilities491,338 496,421 Commitments and contingencies (Note 8)Stockholders’ equity:Preferred stock: $0.001 par value; 20,000 shares authorized, no shares issued and outstanding as of June 30, 2025 and December 31, 2024— — Common stock: $0.001 par value; 1,000,000 shares authorized, 36,130 and 36,503 shares issued and outstanding as of June 30, 2025 and December 31, 2024, respectively36 37 Additional paid-in capital691,886 664,879 Accum