v3.24.3
Condensed Consolidated Balance Sheets (Unaudited) - USD ($)
$ in Thousands
Sep. 30, 2024
Dec. 31, 2023
Current assets:    
Cash $ 58,911 $ 175,620
Restricted cash 2,450 2,705
Accounts receivable, net 178,102 253,268
Inventories 293,005 240,172
Prepaid expenses and other current assets 39,085 39,824
Total current assets 571,553 711,589
Restricted cash, noncurrent 245 239
Property and equipment, net 32,125 32,212
Goodwill 357,520 354,705
Intangible assets, net 175,387 188,009
Other assets 65,836 70,709
Total assets 1,202,666 1,357,463
Current liabilities:    
Debt maturing within one year, net 12,223 12,190
Accounts payable 190,600 239,957
Other liabilities and accrued expenses 158,301 166,340
Total current liabilities 361,124 418,487
Long-term debt, net 164,993 186,006
Deferred tax liabilities 8,388 17,395
Other liabilities, noncurrent 55,290 41,595
Total liabilities 589,795 663,483
Commitments and Contingencies (Note 9)
Temporary equity    
Redeemable noncontrolling interest 14,387 15,937
Corsair Gaming, Inc. stockholders’ equity:    
Preferred stock, $0.0001 par value: 5,000 shares authorized, nil and nil shares issued and outstanding as of September 30, 2024 and December 31, 2023, respectively
Common stock, $0.0001 par value: 300,000 shares authorized, 104,690 and 103,255 shares issued and outstanding as of September 30, 2024 and December 31, 2023, respectively 10 10
Additional paid-in capital 659,895 630,642
(Accumulated deficit) retained earnings (60,101) 40,410
Accumulated other comprehensive loss (1,320) (3,487)
Total Corsair Gaming, Inc. stockholders’ equity 598,484 667,575
Nonredeemable noncontrolling interest carrying value 0 10,468
Total permanent equity 598,484 678,043
Total liabilities, temporary equity and permanent equity $ 1,202,666 $ 1,357,463