TELOS CORP
For the period ended Dec 31, 2023. Filed Mar 15, 2024.
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FY2023 · Filed Mar 15, 2024
TLS$7.17+48.8%Stored close · as of Nov 9, 2026
Extracted filing text, with the paragraph anchors used by the comparison.
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Consolidated Balance Sheets
| As of December 31, 2023 | ||
|---|---|---|
| 2023 | 2022 | |
| (in thousands, except per share and share data) | ||
| Assets: | ||
| Cash and cash equivalents | $99,260 | $119,305 |
| Accounts receivable, net | 30,424 | 40,069 |
| Inventories, net | 1,420 | 2,877 |
| Prepaid expenses | 7,520 | 4,819 |
| Other current assets | 1,367 | 893 |
| Total current assets | 139,991 | 167,963 |
| Property and equipment, net | 3,457 | 4,787 |
| Finance lease right-of-use assets, net | 6,612 | 7,832 |
| Operating lease right-of-use assets | 216 | 341 |
| Goodwill | 17,922 | 17,922 |
| Intangible assets, net | 39,616 | 37,415 |
| Other assets | 885 | 1,137 |
| Total assets | $208,699 | $237,397 |
| Liabilities and Stockholders' Equity: | ||
| Liabilities: | ||
| Accounts payable and other accrued liabilities | $13,750 | $22,551 |
| Accrued compensation and benefits | 14,569 | 8,388 |
| Contract liabilities | 6,728 | 6,444 |
| Finance lease obligations – current portion | 1,730 | 1,592 |
| Operating lease obligations – current portion | 97 | 361 |
| Other financing obligations – current portion | — | 1,247 |
| Other current liabilities | 2,324 | 4,919 |
| Total current liabilities | 39,198 | 45,502 |
| Finance lease obligations – non-current portion | 9,518 | 11,248 |
| Operating lease obligations – non-current portion | 123 | 27 |
| Other financing obligations – non-current portion | — | 7,211 |
| Deferred income taxes | 813 | 758 |
| Other liabilities | 44 | 297 |
| Total liabilities | 49,696 | 65,043 |
| Commitments and contingencies | ||
| Stockholders' equity: | ||
| Common stock, $0.001 par value, 250,000,000 shares authorized, 70,239,890 shares and 67,431,632 shares issued and outstanding as of December 31, 2023 and 2022, respectively | 109 | 106 |
| Additional paid-in capital | 433,781 | 412,708 |
| Accumulated other comprehensive loss | (60) | (55) |
| Accumulated deficit | (274,827) | (240,405) |
| Total stockholders' equity | 159,003 | 172,354 |
| Total liabilities and stockholders' equity | $208,699 | $237,397 |
The text of this filing, as the company filed it with the SEC, without its images or exhibits. This is not investment advice.