ATEC

Alphatec Holdings, Inc.

Health Care Quarter ended 2026-06-30 Filed 2026-08-04

Alphatec Holdings, Inc. (ATEC) files with the SEC as a health care company. Its most recent balance sheet puts total assets at $799M, against $805M of liabilities and -$5M of equity, as at 2026-03-31. That balance sheet grew 1.0% against 2025-12-31, when total assets were $791M. Liabilities account for 100.7% of the balance sheet and equity -0.7%. The largest single line on the asset side is Inventory at $186M, 23.3% of total assets, followed by Cash at $140M. Its largest single liability is Long-term debt at $508M, 63.5% of the balance sheet. By total assets it is the 210th largest of the 1,060 health care companies covered here. Equity is negative, so the claims against this company exceed what it owns on the filed figures. That is a real shape, not an error, and it is drawn below the baseline rather than hidden. The figures come from a filing filed on 2026-05-05. Assets equal liabilities plus equity on the filed figures, so this balance sheet reconciles directly. Every figure above is as filed. Nothing is estimated, smoothed or restated, and where the filing and the identity disagree the disagreement is shown rather than closed.

What it owns, and who has a claim on it

Both columns are the same height because they are the same money, counted twice: once by what it is, once by who it belongs to.

Owns$791M
Owed & owned$803M + -$12M
Assets, line by line
Cash$119M15%
Receivables$110M14%
Inventory$195M25%
Property & equipment$139M18%
Goodwill$74M9%
Intangibles$88M11%
Other assets$66M8%
Liabilities and equity, line by line
Accounts payable$62M8%
Long-term debt$511M65%
Other liabilities$230M29%
Shareholders' equity-$12M2%
Total liabilities is not stated separately in this filing. It is computed from liabilities and equity, less equity — exact arithmetic from the filer's own figures, not an estimate.
Liabilities exceed total assets, so equity is negative. It is drawn below the baseline.

Most of what ATEC owns is physical — property, equipment and inventory account for 42% of total assets.

Liabilities exceed total assets, so shareholders' equity is negative at -$12.1 million.

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