Balance Sheet

v3.24.1.u1

CONDENSED CONSOLIDATED BALANCE SHEETS - USD ($) $ in Thousands	Mar. 31, 2024	Dec. 31, 2023
Current assets:
Cash and cash equivalents	$ 561,691	$ 574,962
Accounts receivable, net	36,685	54,605
Inventory	49,846	51,397
Prepaid expenses and other current assets	16,818	17,830
Government funding receivable	2,844	1,118
Total current assets	667,884	699,912
Property and equipment, net	161,628	162,900
Goodwill	326,029	326,029
Intangible assets, net	214,118	220,987
Other assets	74,982	77,622
Total assets	1,444,641	1,487,450
Current liabilities:
Accrued expenses and other current liabilities	35,405	60,237
Deferred revenue	2,210	3,360
Current portion of long-term debt	5,440	5,440
Current portion of finance lease liabilities	672	633
Total current liabilities	59,022	87,468
Long-term debt, less current portion	517,893	518,707
Finance lease liabilities, less current portion	31,714	31,897
Other long-term liabilities	58,623	59,494
Total liabilities	667,252	697,566
Commitments and contingencies (Note 6)
Stockholders’ equity:
Additional paid-in capital	134,482	128,503
Retained earnings	273,659	285,737
Total stockholders’ equity attributable to Maravai LifeSciences Holdings, Inc.	410,659	416,753
Non-controlling interest	366,730	373,131
Total stockholders’ equity	777,389	789,884
Total liabilities and stockholders’ equity	1,444,641	1,487,450
Class A Common Stock
Stockholders’ equity:
Common stock	1,327	1,322
Class B Common Stock
Stockholders’ equity:
Common stock	1,191	1,191
Nonrelated Party
Current liabilities:
Accounts payable	8,226	10,729
Related Party
Current liabilities:
Accounts payable	$ 7,069	$ 7,069

- Definition

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).

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