Company: QLYS
Filing Date: 2025-02-21
Form Type: 10-K
Source: 0001107843-25-000009
Chunk: 103

Company: QUALYS, INC.
Filing Date: 2025-02-21
Form: 10-K
Item: Item 8
Chunk 103
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54

Qualys, Inc.

CONSOLIDATED BALANCE SHEETS

(in thousands, except per share data)

December 31,20242023AssetsCurrent assets:Cash and cash equivalents$232,182 $203,665 Restricted cash— 1,500 Short-term marketable securities149,241 221,893 Accounts receivable, net of allowance of $1,064 and $778 as of December 31, 2024 and 2023, respectively164,551 146,226 Prepaid expenses and other current assets39,717 26,714 Total current assets585,691 599,998 Long-term marketable securities193,887 56,644 Property and equipment, net30,349 32,599 Operating leases - right of use asset40,968 22,391 Deferred tax assets, net81,307 62,761 Intangible assets, net6,812 9,715 Goodwill7,447 7,447 Noncurrent restricted cash1,200 1,200 Other noncurrent assets25,876 19,863 Total assets$973,537 $812,618 Liabilities and Stockholders’ EquityCurrent liabilities:Accounts payable$1,270 $988 Accrued liabilities45,942 43,096 Deferred revenues, current371,457 333,267 Operating lease liabilities, current9,721 11,857 Total current liabilities428,390 389,208 Deferred revenues, noncurrent24,265 31,671 Operating lease liabilities, noncurrent37,500 16,885 Other noncurrent liabilities6,266 6,680 Total liabilities496,421 444,444 Commitments and contingencies (Note 9)Stockholders’ equity:  Preferred stock: $0.001 par value; 20,000 shares authorized, no shares issued and outstanding as of December 31, 2024 and 2023— — Common stock: $0.001 par value; 1,000,000 shares authorized, 36,503 and 36,909 shares issued and outstanding as of December 31, 2024 and 2023, respectively37 37 Additional paid-in capital664,879 597,921 Accumulated other comprehensive income (loss)1,417 (1,704)Accumulated deficit(189,217)(228