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| FEBRUARY 22, 2023 35 GAAP Balance Sheet GLAUKOS CORPORATION CONDENSED CONSOLIDATED BALANCE SHEETS (in thousands, except par values) December 31, December 31, 2022 2021 (unaudited) Assets Current assets: Cash and cash equivalents $ 119,525 $ 100,708 Short-term investments 233,170 313,343 Accounts receivable, net 36,073 33,438 Inventory 37,841 23,011 Prepaid expenses and other current assets 17,250 15,626 Total current assets 443,859 486,126 Restricted cash 7,078 9,416 Property and equipment, net 94,403 68,969 Operating lease right-of-use asset 25,826 28,142 Finance lease right-of-use asset 46,601 49,022 Intangible assets, net 307,869 332,781 Goodwill 66,134 66,134 Deposits and other assets 10,613 9,108 Total assets $ 1,002,383 $ 1,049,698 Liabilities and stockholders' equity Current liabilities: Accounts payable $ 14,403 $ 7,333 Accrued liabilities 57,956 56,027 Total current liabilities 72,359 63,360 Convertible senior notes 281,400 280,026 Operating lease liability 28,905 29,650 Finance lease liability 72,172 72,699 Deferred tax liability, net 7,264 7,318 Other liabilities 10,278 9,494 Total liabilities 472,378 462,547 Stockholders' equity: Preferred stock, $0.001 par value; 5,000 shares authorized; no shares issued and outstanding as of December 31, 2022 and December 31, 2021 - - Common stock, $0.001 par value; 150,000 shares authorized; 47,782 and 46,993 shares issued and 47,754 and 46,965 shares outstanding at December 31, 2022 and December 31, 2021, respectively 48 47 Additional paid-in capital 997,470 952,432 Accumulated other comprehensive (loss) income (2,975) 15 Accumulated deficit (464,406) (365,211) Less treasury stock (28 shares as of December 31, 2022 and December 31, 2021) (132) (132) Total stockholders' equity 530,005 587,151 Total liabilities and stockholders' equity $ 1,002,383 $ 1,049,698 |