Align Technology Files 2023 10-K, Details Financials

TL;DR

**Align Technology's 2023 10-K is out, giving us the full financial picture for the year!**

AI Summary

ALIGN TECHNOLOGY INC reported a fiscal year end of December 31, 2023, with their 10-K filing submitted on February 28, 2024. The company, operating in Orthopedic, Prosthetic & Surgical Appliances & Supplies, is incorporated in Delaware and has its business address at 410 North Scottsdale Road, Suite 1300, Tempe, AZ 85288. Key financial data points for the period 2021-2023 were included, indicating changes in common stock, additional paid-in capital, accumulated other comprehensive income, and retained earnings.

Why It Matters

This filing provides a comprehensive look into Align Technology's financial health and operational performance for 2023, crucial for investors and stakeholders to assess its future prospects in the medical device industry.

Risk Assessment

Risk Level: medium — The filing itself doesn't detail specific risks, but the nature of the medical device industry often involves regulatory, competitive, and product development risks.

Key Numbers

• 2023-12-31 — Fiscal Year End (The company's financial reporting period concluded on this date.)
• 2024-02-28 — Filing Date (The date the 10-K was officially filed with the SEC.)
• 0001097149 — CIK (Unique identifier for ALIGN TECHNOLOGY INC with the SEC.)
• 131 — Public Document Count (Number of documents included in the filing.)
• 000-32259 — SEC File Number (The company's specific file number with the SEC.)

Key Players & Entities

• ALIGN TECHNOLOGY INC (company) — filer of 10-K
• December 31, 2023 (date) — fiscal year end
• February 28, 2024 (date) — filing date
• Delaware (company) — state of incorporation
• 410 North Scottsdale Road, Suite 1300, Tempe, AZ 8288 (company) — business address
• 0001097149 (company) — Central Index Key (CIK)
• USD (dollar_amount) — currency for financial reporting

FAQ

From the Filing

0001097149-24-000011.txt : 20240228 0001097149-24-000011.hdr.sgml : 20240228 20240228171347 ACCESSION NUMBER: 0001097149-24-000011 CONFORMED SUBMISSION TYPE: 10-K PUBLIC DOCUMENT COUNT: 131 CONFORMED PERIOD OF REPORT: 20231231 FILED AS OF DATE: 20240228 DATE AS OF CHANGE: 20240228 FILER: COMPANY DATA: COMPANY CONFORMED NAME: ALIGN TECHNOLOGY INC CENTRAL INDEX KEY: 0001097149 STANDARD INDUSTRIAL CLASSIFICATION: ORTHOPEDIC, PROSTHETIC & SURGICAL APPLIANCES & SUPPLIES [3842] ORGANIZATION NAME: 08 Industrial Applications and Services IRS NUMBER: 943267295 STATE OF INCORPORATION: DE FISCAL YEAR END: 1231 FILING VALUES: FORM TYPE: 10-K SEC ACT: 1934 Act SEC FILE NUMBER: 000-32259 FILM NUMBER: 24696834 BUSINESS ADDRESS: STREET 1: 410 NORTH SCOTTSDALE ROAD, SUITE 1300 CITY: TEMPE STATE: AZ ZIP: 85288 BUSINESS PHONE: 408-470-1000 MAIL ADDRESS: STREET 1: 410 NORTH SCOTTSDALE ROAD, SUITE 1300 CITY: TEMPE STATE: AZ ZIP: 85288 10-K 1 algn-20231231.htm 10-K algn-20231231 false 2023 FY 0001097149 P8Y P1Y http://fasb.org/us-gaap/2023#AccruedLiabilitiesCurrent http://fasb.org/us-gaap/2023#AccruedLiabilitiesCurrent P2Y http://fasb.org/us-gaap/2023#RevenueFromContractWithCustomerExcludingAssessedTax http://fasb.org/us-gaap/2023#RevenueFromContractWithCustomerExcludingAssessedTax http://fasb.org/us-gaap/2023#RevenueFromContractWithCustomerExcludingAssessedTax 1.9 0001097149 2023-01-01 2023-12-31 0001097149 2023-06-30 iso4217:USD 0001097149 2024-02-22 xbrli:shares 0001097149 2022-01-01 2022-12-31 0001097149 2021-01-01 2021-12-31 iso4217:USD xbrli:shares 0001097149 2023-12-31 0001097149 2022-12-31 0001097149 us-gaap:CommonStockMember 2020-12-31 0001097149 us-gaap:AdditionalPaidInCapitalMember 2020-12-31 0001097149 us-gaap:AccumulatedOtherComprehensiveIncomeMember 2020-12-31 0001097149 us-gaap:RetainedEarningsMember 2020-12-31 0001097149 2020-12-31 0001097149 us-gaap:RetainedEarningsMember 2021-01-01 2021-12-31 0001097149 us-gaap:AccumulatedOtherComprehensiveIncomeMember 2021-01-01 2021-12-31 0001097149 us-gaap:CommonStockMember 2021-01-01 2021-12-31 0001097149 us-gaap:AdditionalPaidInCapitalMember 2021-01-01 2021-12-31 0001097149 us-gaap:CommonStockMember 2021-12-31 0001097149 us-gaap:AdditionalPaidInCapitalMember 2021-12-31 0001097149 us-gaap:AccumulatedOtherComprehensiveIncomeMember 2021-12-31 0001097149 us-gaap:RetainedEarningsMember 2021-12-31 0001097149 2021-12-31 0001097149 us-gaap:RetainedEarningsMember 2022-01-01 2022-12-31 0001097149 us-gaap:AccumulatedOtherComprehensiveIncomeMember 2022-01-01 2022-12-31 0001097149 us-gaap:CommonStockMember 2022-01-01 2022-12-31 0001097149 us-gaap:AdditionalPaidInCapitalMember 2022-01-01 2022-12-31 0001097149 us-gaap:CommonStockMember 2022-12-31 0001097149 us-gaap:AdditionalPaidInCapitalMember 2022-12-31 0001097149 us-gaap:AccumulatedOtherComprehensiveIncomeMember 2022-12-31 0001097149 us-gaap:RetainedEarningsMember 2022-12-31 0001097149 us-gaap:RetainedEarningsMember 2023-01-01 2023-12-31 0001097149 us-gaap:AccumulatedOtherComprehensiveIncomeMember 2023-01-01 2023-12-31 0001097149 us-gaap:CommonStockMember 2023-01-01 2023-12-31 0001097149 us-gaap:AdditionalPaidInCapitalMember 2023-01-01 2023-12-31 0001097149 us-gaap:CommonStockMember 2023-12-31 0001097149 us-gaap:AdditionalPaidInCapitalMember 2023-12-31 0001097149 us-gaap:AccumulatedOtherComprehensiveIncomeMember 2023-12-31 0001097149 us-gaap:RetainedEarningsMember 2023-12-31 algn:segment 0001097149 us-gaap:ServiceLifeMember us-gaap:EquipmentMember 2023-06-30 0001097149 us-gaap:ServiceLifeMember us-gaap:EquipmentMember 2023-09-30 0001097149 us-gaap:ServiceLifeMember 2023-01-01 2023-12-31 0001097149 algn:HeartlandMember 2023-04-24 xbrli:pure 0001097149 algn:HeartlandMember 2023-04-24 2023-04-24 0001097149 algn:HeartlandMember 2023-12-31 0001097149 algn:CubicureMember us-gaap:SubsequentEventMember 2024-01-02 2024-01-02 0001097149 srt:MinimumMember 2023-12-31 0001097149 srt:MaximumMember 2023-12-31 0001097149 algn:ClearAlignerMember 2023-01-01 2023-12-31 000