LENSAR Inc
For the period ended Dec 31, 2023. Filed Mar 4, 2024.
View on SEC.govAbout 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 4, 2024
LNSR$5.45-0.9%Stored close · as of Nov 6, 2026
Extracted filing text, with the paragraph anchors used by the comparison.
See the whole filing, with its images and exhibitsContents
BALANCE SHEETS
| As of December 31, | ||
|---|---|---|
| 2023 | 2022 | |
| Assets | ||
| Current assets: | ||
| Cash and cash equivalents | $20,621 | $14,674 |
| Short-term investments | 3,443 | — |
| Accounts receivable, net of allowance of $62 and $56, respectively | 4,001 | 6,040 |
| Notes receivable, net of allowance of $7 and $4, respectively | 323 | 200 |
| Inventories | 15,689 | 11,740 |
| Prepaid and other current assets | 2,367 | 1,062 |
| Total current assets | 46,444 | 33,716 |
| Property and equipment, net | 679 | 563 |
| Equipment under lease, net | 7,459 | 6,316 |
| Long-term investments | 492 | — |
| Notes and other receivables, long-term, net of allowance of $26 and $9, respectively | 1,279 | 442 |
| Intangible assets, net | 11,025 | 12,122 |
| Other assets | 2,207 | 2,685 |
| Total assets | $69,585 | $55,844 |
| Liabilities, redeemable convertible preferred stock, and stockholders’ equity | ||
| Current liabilities: | ||
| Accounts payable | $4,007 | $5,422 |
| Accrued liabilities | 5,717 | 4,700 |
| Deferred revenue | 1,349 | 768 |
| Operating lease liabilities | 559 | 531 |
| Total current liabilities | 11,632 | 11,421 |
| Long-term operating lease liabilities | 1,750 | 2,272 |
| Warrant liabilities | 8,457 | — |
| Other long-term liabilities | 570 | 167 |
| Total liabilities | 22,409 | 13,860 |
| Commitments and contingencies (Note 11) | ||
| Series A Redeemable Convertible Preferred Stock, par value $0.01 per share, 20 and no shares authorized at December 31, 2023 and 2022, respectively; 20 and no shares issued and outstanding at December 31, 2023 and 2022, respectively; aggregate liquidation preference of $20,000 and $0 at December 31, 2023 and 2022, respectively | 13,747 | — |
| Stockholders’ equity: | ||
| Preferred stock, par value $0.01 per share, 9,980 and 10,000 shares authorized at December 31, 2023 and 2022; no shares issued and outstanding at December 31, 2023 and 2022 | — | — |
| Common stock, par value $0.01 per share, 150,000 shares authorized at December 31, 2023 and 2022; 11,327 and 11,093 shares issued and outstanding at December 31, 2023 and 2022, respectively | 113 | 111 |
| Additional paid-in capital | 145,203 | 139,381 |
| Accumulated other comprehensive income | 4 | — |
| Accumulated deficit | (111,891) | (97,508) |
| Total stockholders’ equity | 33,429 | 41,984 |
| Total liabilities, redeemable convertible preferred stock, and stockholders’ equity | $69,585 | $55,844 |
The text of this filing, as the company filed it with the SEC, without its images or exhibits. This is not investment advice.