| AMBARELLA, INC. | |||||||
| CONSOLIDATED BALANCE SHEETS | |||||||
| (unaudited, in thousands) | |||||||
| January 31, | January 31, | ||||||
| 2023 | 2022 | ||||||
| ASSETS | |||||||
| Current assets: | |||||||
| Cash and cash equivalents | $ | 113,541 | $ | 171,043 | |||
| Marketable debt securities | 93,322 | — | |||||
| Accounts receivable, net | 51,987 | 44,307 | |||||
| Inventories | 40,486 | 45,219 | |||||
| Restricted cash | 8 | 10 | |||||
| Prepaid expenses and other current assets | 5,288 | 6,169 | |||||
| Total current assets | 304,632 | 266,748 | |||||
| Property and equipment, net | 11,814 | 10,134 | |||||
| Deferred tax assets, non-current | 19,276 | 15,340 | |||||
| Intangible assets, net | 58,497 | 46,302 | |||||
| Operating lease right-of-use assets, net | 8,339 | 11,127 | |||||
| Goodwill | 303,625 | 303,625 | |||||
| Other non-current assets | 4,012 | 4,269 | |||||
| Total assets | $ | 710,195 | $ | 657,545 | |||
| LIABILITIES AND SHAREHOLDERS' EQUITY | |||||||
| Current liabilities: | |||||||
| Accounts payable | 17,845 | 31,170 | |||||
| Accrued and other current liabilities | 56,655 | 52,064 | |||||
| Operating lease liabilities, current | 3,539 | 3,391 | |||||
| Income taxes payable | 4,112 | 1,245 | |||||
| Deferred revenue, current | 1,311 | 1,414 | |||||
| Total current liabilities | 83,462 | 89,284 | |||||
| Operating lease liabilities, non-current | 5,097 | 8,322 | |||||
| Other long-term liabilities | 15,548 | 12,763 | |||||
| Total liabilities | 104,107 | 110,369 | |||||
| Shareholders' equity: | |||||||
| Preference shares | — | — | |||||
| Ordinary shares | 18 | 17 | |||||
| Additional paid-in capital | 572,076 | 447,287 | |||||
| Accumulated other comprehensive loss | (492 | ) | — | ||||
| Retained earnings | 34,486 | 99,872 | |||||
| Total shareholders’ equity | 606,088 | 547,176 | |||||
| Total liabilities and shareholders' equity | $ | 710,195 | $ | 657,545 | |||
