| AMBARELLA, INC. | |||||||||
| CONDENSED CONSOLIDATED BALANCE SHEETS | |||||||||
| (unaudited, in thousands) | |||||||||
| October 31, | January 31, | ||||||||
| 2023 | 2023 | ||||||||
| ASSETS | |||||||||
| Current assets: | |||||||||
| Cash and cash equivalents | $ | 143,787 | $ | 113,541 | |||||
| Marketable debt securities | 78,549 | 93,322 | |||||||
| Accounts receivable, net | 22,968 | 51,987 | |||||||
| Inventories | 30,783 | 40,486 | |||||||
| Restricted cash | 7 | 8 | |||||||
| Prepaid expenses and other current assets | 3,728 | 5,288 | |||||||
| Total current assets | 279,822 | 304,632 | |||||||
| Property and equipment, net | 10,917 | 11,814 | |||||||
| Deferred tax assets, non-current | 22,952 | 19,276 | |||||||
| Intangible assets, net | 58,805 | 58,497 | |||||||
| Operating lease right-of-use assets, net | 5,760 | 8,339 | |||||||
| Goodwill | 303,625 | 303,625 | |||||||
| Other non-current assets | 2,748 | 4,012 | |||||||
| Total assets | $ | 684,629 | $ | 710,195 | |||||
| LIABILITIES AND SHAREHOLDERS' EQUITY | |||||||||
| Current liabilities: | |||||||||
| Accounts payable | 9,298 | 17,845 | |||||||
| Accrued and other current liabilities | 57,991 | 56,655 | |||||||
| Operating lease liabilities, current | 3,553 | 3,539 | |||||||
| Income taxes payable | 2,391 | 4,112 | |||||||
| Deferred revenue, current | 2,596 | 1,311 | |||||||
| Total current liabilities | 75,829 | 83,462 | |||||||
| Operating lease liabilities, non-current | 2,316 | 5,097 | |||||||
| Other long-term liabilities | 14,696 | 15,548 | |||||||
| Total liabilities | 92,841 | 104,107 | |||||||
| Shareholders' equity: | |||||||||
| Preference shares | — | — | |||||||
| Ordinary shares | 18 | 18 | |||||||
| Additional paid-in capital | 667,313 | 572,076 | |||||||
| Accumulated other comprehensive loss | (1,219 | ) | (492 | ) | |||||
| Retained earnings (accumulated deficit) | (74,324 | ) | 34,486 | ||||||
| Total shareholders’ equity | 591,788 | 606,088 | |||||||
| Total liabilities and shareholders' equity | $ | 684,629 | $ | 710,195 | |||||
