v3.25.2

Consolidated Balance Sheets - USD ($) $ in Thousands	Jun. 30, 2025	Dec. 31, 2024
Current assets
Cash and cash equivalents	$ 90,382	$ 89,071
Short-term marketable securities	12,804	14,019
Accounts receivable, net of allowance for doubtful accounts of $2,272 and $1,975 as of June 30, 2025, and December 31, 2024, respectively	78,011	66,504
Inventory	13,169	12,305
Income taxes receivable	1,155	2,906
Prepaid expenses and other current assets	9,985	10,049
Total current assets	205,506	194,854
Property and equipment, net	215,777	227,263
Goodwill	273,991	273,991
Other intangible assets, net	20,500	21,422
Long-term marketable securities	20,037	17,773
Operating lease assets	2,308	2,993
Finance lease assets	558	692
Other long-term assets	4,575	4,524
Total assets	743,252	743,512
Current liabilities
Accounts payable	15,583	15,504
Accrued compensation	19,435	16,550
Accrued liabilities and other	25,846	19,621
Current operating lease liabilities	984	1,287
Current finance lease liabilities	316	309
Total current liabilities	62,164	53,271
Long-term operating lease liabilities	1,402	1,633
Long-term finance lease liabilities	127	287
Long-term deferred tax liabilities	9,737	13,565
Other long-term liabilities	5,115	4,605
Total liabilities	78,545	73,361
Shareholders' equity
Preferred stock, $0.001 par value, authorized 10,000,000 shares; issued and outstanding 0 shares as of each of June 30, 2025, and December 31, 2024	0	0
Common stock, $0.001 par value, authorized 150,000,000 shares; issued and outstanding 23,874,601 and 24,226,088 shares as of June 30, 2025, and December 31, 2024, respectively	23	24
Additional paid-in capital	449,903	453,705
Retained earnings	239,344	244,406
Accumulated other comprehensive loss	(24,563)	(27,984)
Total shareholders' equity	664,707	670,151
Total liabilities and shareholders' equity	$ 743,252	$ 743,512

Carrying value as of the balance sheet date of liabilities incurred (and for which invoices have typically been received) and payable to vendors for goods and services received that are used in an entity's business. Used to reflect the current portion of the liabilities (due within one year or within the normal operating cycle if longer).

Proto Labs Inc 10-Q