Quarterly report pursuant to Section 13 or 15(d)

Consolidated Balance Sheets

v3.22.2.2
Consolidated Balance Sheets - USD ($)
$ in Thousands
Jun. 30, 2022
Dec. 31, 2021
Current assets    
Cash $ 11,118 $ 20,357
Accounts receivable, net [1] 26,402 25,367
Inventory 14,100 13,165
Prepaid expenses and other current assets 3,802 1,836
Total current assets 55,422 60,725
Property and equipment, net 46,908 44,527
Right-of-use operating lease assets, net 8,081  
Right-of-use financing lease assets, net 2,363  
Intangible assets, net 260,483 269,622
Goodwill 1,188,441 1,189,464
Other non-current assets 1,415 2,036
Total assets 1,563,113 1,566,374
Current liabilities    
Accounts payable [2] 11,468 9,409
Accrued expenses 7,254 5,957
Current operating lease liability 2,976  
Current financing lease liability 190  
Contingent consideration 700 2,748
Current portion of debt 31,179 29,697
Other current liabilities 3,767 2,058
Total current liabilities 57,534 49,869
Long-term debt, net 117,677 120,491
Fathom earnout shares liability 27,690 64,300
Sponsor earnout shares liability 4,090 9,380
Warrant liability 13,300 33,900
Noncurrent contingent consideration   850
Noncurrent operating lease liability 5,160  
Noncurrent financing lease liability 2,227  
Deferred tax liability 12,335 17,570
Other noncurrent liabilities   4,655
Payable to related parties pursuant to the tax receivable agreement (includes $4,440 and $4,600 at fair value, respectively) 9,400 4,600
Total liabilities 249,413 305,615
Commitments and Contingencies:
Redeemable non-controlling interest in Fathom OpCo 749,615 841,982
Shareholders' Equity:    
Preferred Stock, $.0001 par value; 10,000,000 shares authorized; 0 shares issued and outstanding as of December 31, 2022 and December 31, 2021
Treasury stock, at cost; 301,302 and 0 shares as of June 30, 2022 and December 31, 2021, respectively (2,258)  
Additional paid-in-capital 556,417 466,345
Retained earnings (Accumulated deficit) 9,913 (47,581)
Shareholders' equity attributable to Fathom Digital Manufacturing Corporation 564,085 418,777
Total Liabilities, Shareholders' Equity, and Redeemable Non-Controlling Interest 1,563,113 1,566,374
Class A Common Shares    
Shareholders' Equity:    
Common stock 6 5
Class B Common Shares    
Shareholders' Equity:    
Common stock 7 8
Class C Common Stock [Member]    
Shareholders' Equity:    
Common stock $ 0 $ 0
[1] Inclusive of allowance for doubtful accounts of $1,208 and $1,150 as of June 30, 2022 and December 31, 2021, respectively
[2] Inclusive of accounts payable to related parties of $443 and $1,246 as of June 30, 2022 and December 31, 2021, respectively