Stock Analysis on Net
Stock Analysis on Net

Axon Enterprise Inc. (NASDAQ:AXON)

This company has been moved to the archive! The financial data has not been updated since May 9, 2023.

Balance Sheet: Liabilities and Stockholders’ Equity
Quarterly Data

The balance sheet provides creditors, investors, and analysts with information on company resources (assets) and its sources of capital (its equity and liabilities). It normally also provides information about the future earnings capacity of a company assets as well as an indication of cash flows that may come from receivables and inventories.

Liabilities represents obligations of a company arising from past events, the settlement of which is expected to result in an outflow of economic benefits from the entity.

Axon Enterprise Inc., consolidated balance sheet: liabilities and stockholders’ equity (quarterly data)

US$ in thousands

Microsoft Excel
Mar 31, 2023 Dec 31, 2022 Sep 30, 2022 Jun 30, 2022 Mar 31, 2022 Dec 31, 2021 Sep 30, 2021 Jun 30, 2021 Mar 31, 2021 Dec 31, 2020 Sep 30, 2020 Jun 30, 2020 Mar 31, 2020 Dec 31, 2019 Sep 30, 2019 Jun 30, 2019 Mar 31, 2019 Dec 31, 2018 Sep 30, 2018 Jun 30, 2018 Mar 31, 2018
Accounts payable 65,988 59,918 50,193 60,689 49,348 32,220 27,418 7,778 19,791 24,142 22,441 40,105 31,568 25,874 14,638 9,064 9,865 15,164 8,998 9,213 11,692
Accrued liabilities 120,607 155,934 112,766 100,980 69,435 103,707 88,894 66,908 41,097 59,843 74,114 64,467 36,404 45,001 35,745 34,011 36,348 41,092 36,908 29,995 34,869
Current portion of deferred revenue 408,061 360,037 246,446 253,185 326,627 265,591 250,651 186,909 165,086 163,959 154,731 129,518 119,827 117,864 127,160 113,351 110,063 107,016 89,637 76,583 76,141
Customer deposits 13,961 20,399 15,317 11,330 18,411 10,463 6,118 4,872 8,134 2,956 2,132 3,858 3,325 2,974 2,294 3,395 3,604 2,702 4,111 2,970 3,155
Current portion of business acquisition contingent consideration — — — — — — — — — — — — — — — — — — 1,736 1,946 2,505
Other current liabilities 7,510 6,358 6,801 6,787 6,858 6,540 6,809 6,404 5,667 5,431 5,137 4,882 3,891 3,853 3,997 3,852 3,914 37 115 191 348
Current liabilities 616,127 602,646 431,523 432,971 470,679 418,521 379,890 272,871 239,775 256,331 258,555 242,830 195,015 195,566 183,834 163,673 163,794 166,011 141,505 120,898 128,710
Deferred revenue, net of current portion 250,366 248,003 313,823 269,477 140,938 185,721 111,892 113,815 116,107 111,222 87,733 83,150 91,886 87,936 82,149 74,586 74,784 74,417 69,382 61,456 58,003
Liability for unrecognized tax benefits 16,198 10,745 7,317 7,692 5,162 3,797 4,580 4,550 4,697 4,503 4,406 4,445 4,173 3,832 3,443 3,462 3,156 2,849 1,805 1,918 1,810
Long-term deferred compensation 7,983 6,285 5,369 5,517 5,833 5,679 5,125 5,216 4,825 4,732 4,150 3,990 3,430 3,936 3,694 3,755 3,675 3,235 3,590 3,560 3,998
Deferred tax liability, net — 1 1 1 348 811 155 377 684 649 560 447 342 354 — — — — — — —
Long-term operating lease liabilities 35,045 37,143 16,311 18,210 20,112 — — — — — — — — — — — — — — — —
Convertible notes, net 674,724 673,967 — — — — — — — — — — — — — — — — — — —
Business acquisition contingent consideration, net of current portion — — — — — — — — — — — — — — — — — — — 203 201
Other long-term liabilities 4,511 4,613 4,773 4,504 4,593 25,832 29,842 32,360 27,866 27,331 28,592 28,237 23,015 10,520 11,537 11,967 13,247 5,704 5,751 5,520 934
Long-term liabilities 988,827 980,757 347,594 305,401 176,986 221,840 151,594 156,318 154,179 148,437 125,441 120,269 122,846 106,578 100,823 93,770 94,862 86,205 80,528 72,657 64,946
Total liabilities 1,604,954 1,583,403 779,117 738,372 647,665 640,361 531,484 429,189 393,954 404,768 383,996 363,099 317,861 302,144 284,657 257,443 258,656 252,216 222,033 193,555 193,656
Preferred stock, $0.00001 par value; no shares issued and outstanding — — — — — — — — — — — — — — — — — — — — —
Common stock, $0.00001 par value 1 1 1 1 1 1 1 1 1 1 1 1 1 1 1 1 1 1 1 1 1
Additional paid-in capital 1,262,099 1,174,594 1,167,218 1,139,086 1,118,859 1,095,229 1,147,478 1,179,005 1,044,724 962,159 908,584 883,609 543,305 528,272 480,747 467,904 460,146 453,400 447,933 442,717 202,344
Treasury stock at cost (155,947) (155,947) (155,947) (155,947) (155,947) (155,947) (155,947) (155,947) (155,947) (155,947) (155,947) (155,947) (155,947) (155,947) (155,947) (155,947) (155,947) (155,947) (155,947) (155,947) (155,947)
Retained earnings 302,161 257,022 227,847 215,716 164,754 109,883 123,391 74,867 121,984 169,901 144,067 144,940 175,699 172,265 184,644 178,540 177,802 171,383 169,301 163,590 155,105
Accumulated other comprehensive income (loss) (5,319) (7,179) (7,806) (5,205) (2,878) (1,317) (1,020) (227) 142 141 (1,552) (2,790) (3,468) (1,096) (1,798) (1,571) (1,463) (1,513) (1,626) (1,519) (2,174)
Stockholders’ equity 1,402,995 1,268,491 1,231,313 1,193,651 1,124,789 1,047,849 1,113,903 1,097,699 1,010,904 976,255 895,153 869,813 559,590 543,495 507,647 488,927 480,539 467,324 459,662 448,842 199,329
Total liabilities and stockholders’ equity 3,007,949 2,851,894 2,010,430 1,932,023 1,772,454 1,688,210 1,645,387 1,526,888 1,404,858 1,381,023 1,279,149 1,232,912 877,451 845,639 792,304 746,370 739,195 719,540 681,695 642,397 392,985

Based on: 10-Q (reporting date: 2023-03-31), 10-K (reporting date: 2022-12-31), 10-Q (reporting date: 2022-09-30), 10-Q (reporting date: 2022-06-30), 10-Q (reporting date: 2022-03-31), 10-K (reporting date: 2021-12-31), 10-Q (reporting date: 2021-09-30), 10-Q (reporting date: 2021-06-30), 10-Q (reporting date: 2021-03-31), 10-K (reporting date: 2020-12-31), 10-Q (reporting date: 2020-09-30), 10-Q (reporting date: 2020-06-30), 10-Q (reporting date: 2020-03-31), 10-K (reporting date: 2019-12-31), 10-Q (reporting date: 2019-09-30), 10-Q (reporting date: 2019-06-30), 10-Q (reporting date: 2019-03-31), 10-K (reporting date: 2018-12-31), 10-Q (reporting date: 2018-09-30), 10-Q (reporting date: 2018-06-30), 10-Q (reporting date: 2018-03-31).

Balance sheet item Description The company
Current liabilities Total obligations incurred as part of normal operations that are expected to be paid during the following twelve months or within one business cycle, if longer. Axon Enterprise Inc. current liabilities increased from Q3 2022 to Q4 2022 and from Q4 2022 to Q1 2023.
Long-term liabilities Amount of obligation due after one year or beyond the normal operating cycle, if longer. Axon Enterprise Inc. long-term liabilities increased from Q3 2022 to Q4 2022 and from Q4 2022 to Q1 2023.
Total liabilities Sum of the carrying amounts as of the balance sheet date of all liabilities that are recognized. Liabilities are probable future sacrifices of economic benefits arising from present obligations of an entity to transfer assets or provide services to other entities in the future. Axon Enterprise Inc. total liabilities increased from Q3 2022 to Q4 2022 and from Q4 2022 to Q1 2023.
Stockholders’ equity Total of all stockholders’ equity (deficit) items, net of receivables from officers, directors, owners, and affiliates of the entity which are attributable to the parent. The amount of the economic entity stockholders’ equity attributable to the parent excludes the amount of stockholders’ equity which is allocable to that ownership interest in subsidiary equity which is not attributable to the parent (noncontrolling interest, minority interest). This excludes temporary equity and is sometimes called permanent equity. Axon Enterprise Inc. stockholders’ equity increased from Q3 2022 to Q4 2022 and from Q4 2022 to Q1 2023.