TELOS CORP
For the period ended Sep 30, 2024. Filed Nov 12, 2024.
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A company's report for each of its first three quarters. The financial statements are not audited. It shows how the business has moved since the last annual report, and what management says changed.
Sep 30, 2024 · Filed Nov 12, 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
| September 30, 2024 | December 31, 2023 | |
|---|---|---|
| (in thousands, except per share amount and share data) | ||
| Assets: | ||
| Cash and cash equivalents | $69,762 | $99,260 |
| Accounts receivable, net | 14,881 | 30,424 |
| Inventories, net | 1,406 | 1,420 |
| Prepaid expenses | 12,017 | 7,520 |
| Other current assets | 1,253 | 1,367 |
| Total current assets | 99,319 | 139,991 |
| Property and equipment, net | 3,572 | 3,457 |
| Finance lease right-of-use assets, net | 5,696 | 6,612 |
| Operating lease right-of-use assets, net | 673 | 216 |
| Goodwill | 17,922 | 17,922 |
| Intangible assets, net | 29,627 | 39,616 |
| Other assets | 9,520 | 885 |
| Total assets | $166,329 | $208,699 |
| Liabilities and Stockholders' Equity | ||
| Liabilities: | ||
| Accounts payable and other accrued liabilities | $6,289 | $13,750 |
| Accrued compensation and benefits | 9,277 | 14,569 |
| Contract liabilities | 6,779 | 6,728 |
| Finance lease obligations – current portion | 1,839 | 1,730 |
| Operating lease obligations – current portion | 205 | 97 |
| Other current liabilities | 2,904 | 2,324 |
| Total current liabilities | 27,293 | 39,198 |
| Finance lease obligations – non-current portion | 8,126 | 9,518 |
| Operating lease obligations – non-current portion | 472 | 123 |
| Deferred income taxes | 849 | 813 |
| Other liabilities | 106 | 44 |
| Total liabilities | 36,846 | 49,696 |
| Commitments and contingencies | ||
| Stockholders’ equity: | ||
| Common stock, $0.001 par value, 250,000,000 shares authorized, 72,380,609 shares and 70,239,890 shares issued and outstanding as of September 30, 2024, and December 31, 2023, respectively | 111 | 109 |
| Additional paid-in capital | 447,513 | 433,781 |
| Accumulated other comprehensive loss | (124) | (60) |
| Accumulated deficit | (318,017) | (274,827) |
| Total stockholders’ equity | 129,483 | 159,003 |
| Total liabilities and stockholders’ equity | $166,329 | $208,699 |
The text of this filing, as the company filed it with the SEC, without its images or exhibits. This is not investment advice.