Corsair Gaming Inc
For the period ended Mar 31, 2024. Filed May 7, 2024.
View on SEC.govAbout this filing
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.
Mar 31, 2024 · Filed May 7, 2024
CRSR$12.17+2.7%Stored close · as of Nov 9, 2026
Extracted filing text, with the paragraph anchors used by the comparison.
See the whole filing, with its images and exhibitsContents
Condensed Consolidated Balance Sheets
(Unaudited, in thousands, except per share amounts)
| March 31,2024 | December 31,2023 | |
|---|---|---|
| Assets | ||
| Current assets: | ||
| Cash | $127,768 | $175,620 |
| Restricted cash | 2,174 | 2,705 |
| Accounts receivable, net | 204,920 | 253,268 |
| Inventories | 251,747 | 240,172 |
| Prepaid expenses and other current assets | 34,573 | 39,824 |
| Total current assets | 621,182 | 711,589 |
| Restricted cash, noncurrent | 241 | 239 |
| Property and equipment, net | 31,185 | 32,212 |
| Goodwill | 354,410 | 354,705 |
| Intangible assets, net | 178,151 | 188,009 |
| Other assets | 72,022 | 70,709 |
| Total assets | $1,257,191 | $1,357,463 |
| Liabilities | ||
| Current liabilities: | ||
| Debt maturing within one year, net | $12,213 | $12,190 |
| Accounts payable | 191,401 | 239,957 |
| Other liabilities and accrued expenses | 138,487 | 166,340 |
| Total current liabilities | 342,101 | 418,487 |
| Long-term debt, net | 171,106 | 186,006 |
| Deferred tax liabilities | 14,104 | 17,395 |
| Other liabilities, noncurrent | 40,629 | 41,595 |
| Total liabilities | 567,940 | 663,483 |
| Commitments and Contingencies (Note 9) | ||
| Temporary equity | ||
| Redeemable noncontrolling interest | 15,925 | 15,937 |
| Permanent equity | ||
| Corsair Gaming, Inc. stockholders’ equity: | ||
| Preferred stock, $0.0001 par value: 5,000 shares authorized, nil and nil shares issued and outstanding as of March 31, 2024 and December 31, 2023, respectively | — | — |
| Common stock, $0.0001 par value: 300,000 shares authorized, 103,859 and 103,255 shares issued and outstanding as of March 31, 2024 and December 31, 2023, respectively | 10 | 10 |
| Additional paid-in capital | 640,293 | 630,642 |
| Retained earnings | 27,870 | 40,410 |
| Accumulated other comprehensive loss | (4,634) | (3,487) |
| Total Corsair Gaming, Inc. stockholders’ equity | 663,539 | 667,575 |
| Nonredeemable noncontrolling interest | 9,787 | 10,468 |
| Total permanent equity | 673,326 | 678,043 |
| Total liabilities, temporary equity and permanent equity | $1,257,191 | $1,357,463 |
The text of this filing, as the company filed it with the SEC, without its images or exhibits. This is not investment advice.