Xperi Inc

For the period ended Dec 31, 2023. Filed Mar 1, 2024.

About this filing

A company's yearly report to the SEC, with audited financial statements. It is the fullest account a company gives of its business, its finances and the risks it sees.

FY2023 · Filed Mar 1, 2024

XPER$5.83+2.5%Stored close · as of Nov 9, 2026

Extracted filing text, with the paragraph anchors used by the comparison.

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Contents

Consolidated Balance Sheets

(in thousands, except for par value)

	December 31,
	2023	2022
ASSETS
Current assets:
Cash and cash equivalents	$142,085	$160,127
Accounts receivable, net	55,984	64,712
Unbilled contracts receivable, net	64,114	65,251
Prepaid expenses and other current assets	38,874	42,174
Assets held for sale	15,860	—
Total current assets	316,917	332,264
Unbilled contracts receivable, noncurrent	18,231	4,289
Property and equipment, net	41,569	47,827
Operating lease right-of-use assets	39,900	52,901
Intangible assets, net	206,895	264,376
Deferred tax assets	5,093	2,096
Other noncurrent assets	32,781	33,158
Assets held for sale, noncurrent	12,249	—
Total assets	$673,635	$736,911
LIABILITIES AND EQUITY
Current liabilities:
Accounts payable	$20,849	$14,864
Accrued liabilities	109,961	110,014
Deferred revenue	28,111	25,363
Liabilities held for sale	6,191	—
Total current liabilities	165,112	150,241
Long-term debt	50,000	50,000
Deferred revenue, noncurrent	19,425	19,129
Operating lease liabilities, noncurrent	30,598	42,666
Deferred tax liabilities	6,983	12,899
Other noncurrent liabilities	4,577	12,990
Liabilities held for sale, noncurrent	9,805	—
Total liabilities	286,500	287,925
Commitments and contingencies (Note 11)
Equity:
Preferred stock: $0.001 par value; 6,000 shares authorized as of December 31, 2023 and 2022; no shares issued and outstanding as of December 31, 2023 and 2022	—	—
Common stock: $0.001 par value; 140,000 shares authorized as of December 31, 2023 and 2022; 44,211 and 42,066 shares issued and outstanding as of December 31, 2023 and 2022, respectively	44	42
Additional paid-in capital	1,212,501	1,136,330
Accumulated other comprehensive loss	(2,865)	(4,119)
Accumulated deficit	(805,448)	(668,835)
Total Company stockholders' equity	404,232	463,418
Noncontrolling interest	(17,097)	(14,432)
Total equity	387,135	448,986
Total liabilities and equity	$673,635	$736,911

ContentsView on SEC.gov

The text of this filing, as the company filed it with the SEC, without its images or exhibits. This is not investment advice.