Identiv Inc
For the period ended Dec 31, 2023. Filed Mar 15, 2024.
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FY2023 · Filed Mar 15, 2024
INVE$2.65+1.9%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
(In thousands, except par value)
| December 31, | ||
|---|---|---|
| 2023 | 2022 | |
| ASSETS | ||
| Current assets: | ||
| Cash and cash equivalents | $23,312 | $16,650 |
| Restricted cash | 1,072 | 487 |
| Accounts receivable, net of allowances of $2,627 and $2,666 as of December 31, 2023 and 2022, respectively | 21,969 | 24,826 |
| Inventories | 28,712 | 28,958 |
| Prepaid expenses and other current assets | 4,421 | 4,177 |
| Total current assets | 79,486 | 75,098 |
| Property and equipment, net | 9,320 | 6,719 |
| Operating lease right-of-use assets | 5,214 | 4,373 |
| Intangible assets, net | 4,251 | 5,265 |
| Goodwill | 10,218 | 10,190 |
| Other assets | 1,234 | 1,120 |
| Total assets | $109,723 | $102,765 |
| LIABILITIES AND STOCKHOLDERS' EQUITY | ||
| Current liabilities: | ||
| Accounts payable | $12,250 | $15,231 |
| Financial liabilities, net of debt issuance costs of $51 and $0 as of December 31, 2023 and 2022, respectively | 9,949 | — |
| Operating lease liabilities | 1,714 | 1,190 |
| Deferred revenue | 2,341 | 2,068 |
| Accrued compensation and related benefits | 2,334 | 2,757 |
| Other accrued expenses and liabilities | 2,194 | 2,147 |
| Total current liabilities | 30,782 | 23,393 |
| Long-term operating lease liabilities | 3,716 | 3,366 |
| Long-term deferred revenue | 927 | 587 |
| Other long-term liabilities | 26 | 25 |
| Total liabilities | 35,451 | 27,371 |
| Commitments and contingencies (see Note 16) | ||
| Stockholders' equity: | ||
| Stockholders' equity: | ||
| Series B preferred stock, $0.001 par value: 5,000 shares authorized; 5,000 shares issued and outstanding as of December 31, 2023 and 2022, respectively | 5 | 5 |
| Common stock, $0.001 par value: 50,000 shares authorized; 24,902 and 24,168 shares issued and 23,247 and 22,623 shares outstanding as of December 31, 2023 and 2022, respectively | 25 | 24 |
| Additional paid-in capital | 500,752 | 495,818 |
| Treasury stock 1,655 and 1,545 shares as of December 31, 2023 and 2022, respectively | (12,969) | (12,173) |
| Accumulated deficit | (414,870) | (409,381) |
| Accumulated other comprehensive income | 1,329 | 1,101 |
| Total stockholders' equity | 74,272 | 75,394 |
| Total liabilities and stockholders' equity | $109,723 | $102,765 |
The text of this filing, as the company filed it with the SEC, without its images or exhibits. This is not investment advice.