TELOS CORP
For the period ended Dec 31, 2024. Filed Mar 10, 2025.
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FY2024 · Filed Mar 10, 2025
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, | ||
|---|---|---|
| 2024 | 2023 | |
| (in thousands, except per share and share data) | ||
| Assets: | ||
| Cash and cash equivalents | $54,578 | $99,260 |
| Accounts receivable, net | 19,172 | 30,424 |
| Inventories, net | 1,783 | 1,420 |
| Prepaid expenses | 15,092 | 7,520 |
| Other current assets | 793 | 1,367 |
| Total current assets | 91,418 | 139,991 |
| Property and equipment, net | 4,283 | 3,457 |
| Finance lease right-of-use assets, net | 5,391 | 6,612 |
| Operating lease right-of-use assets | 622 | 216 |
| Goodwill | 17,922 | 17,922 |
| Intangible assets, net | 30,410 | 39,616 |
| Other assets | 8,189 | 885 |
| Total assets | $158,235 | $208,699 |
| Liabilities and Stockholders' Equity: | ||
| Liabilities: | ||
| Accounts payable and other accrued liabilities | $4,300 | $13,750 |
| Accrued compensation and benefits | 7,608 | 14,569 |
| Contract liabilities | 6,838 | 6,728 |
| Finance lease obligations – current portion | 1,877 | 1,730 |
| Operating lease obligations – current portion | 210 | 97 |
| Other current liabilities | 1,302 | 2,324 |
| Total current liabilities | 22,135 | 39,198 |
| Finance lease obligations – non-current portion | 7,641 | 9,518 |
| Operating lease obligations – non-current portion | 418 | 123 |
| Deferred income taxes | 813 | 813 |
| Other liabilities | 91 | 44 |
| Total liabilities | 31,098 | 49,696 |
| Commitments and contingencies | ||
| Stockholders' equity: | ||
| Common stock, $0.001 par value, 250,000,000 shares authorized, 72,514,652 shares and 70,239,890 shares issued and outstanding as of December 31, 2024 and 2023, respectively | 111 | 109 |
| Additional paid-in capital | 454,502 | 433,781 |
| Accumulated other comprehensive loss | (129) | (60) |
| Accumulated deficit | (327,347) | (274,827) |
| Total stockholders' equity | 127,137 | 159,003 |
| Total liabilities and stockholders' equity | $158,235 | $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.