Identiv Inc
For the period ended Mar 31, 2024. Filed May 10, 2024.
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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 10, 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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Condensed Consolidated Balance Sheets
(Unaudited, in thousands, except par value)
| March 31,2024 | December 31,2023 | |
|---|---|---|
| ASSETS | ||
| Current assets: | ||
| Cash and cash equivalents | $21,623 | $23,312 |
| Restricted cash | 811 | 1,072 |
| Accounts receivable, net of allowances of $701 and $2,627 as of March 31, 2024 and December 31, 2023, respectively | 17,811 | 21,969 |
| Inventories | 28,460 | 28,712 |
| Prepaid expenses and other current assets | 4,159 | 4,421 |
| Total current assets | 72,864 | 79,486 |
| Property and equipment, net | 8,832 | 9,320 |
| Operating lease right-of-use assets | 4,756 | 5,214 |
| Intangible assets, net | 3,995 | 4,251 |
| Goodwill | 10,192 | 10,218 |
| Other assets | 1,150 | 1,234 |
| Total assets | $101,789 | $109,723 |
| LIABILITIES AND STOCKHOLDERS' EQUITY | ||
| Current liabilities: | ||
| Accounts payable | $9,564 | $12,250 |
| Financial liabilities, net of debt issuance costs of $106 and $51 as of March 31, 2024 and December 31, 2023, respectively | 9,894 | 9,949 |
| Operating lease liabilities | 1,655 | 1,714 |
| Deferred revenue | 1,744 | 2,341 |
| Accrued compensation and related benefits | 2,099 | 2,334 |
| Other accrued expenses and liabilities | 2,351 | 2,194 |
| Total current liabilities | 27,307 | 30,782 |
| Long-term operating lease liabilities | 3,309 | 3,716 |
| Long-term deferred revenue | 981 | 927 |
| Other long-term liabilities | 26 | 26 |
| Total liabilities | 31,623 | 35,451 |
| Commitments and contingencies (see Note 15) | ||
| Stockholders' equity: | ||
| Preferred stock, $0.001 par value: 10,000 shares authorized; 5,000 shares issued and outstanding as of March 31, 2024 and December 31, 2023 | 5 | 5 |
| Common stock, $0.001 par value: 50,000 shares authorized; 25,022 and 24,902 shares issued and 23,334 and 23,247 shares outstanding as of March 31, 2024 and December 31, 2023, respectively | 25 | 25 |
| Additional paid-in capital | 501,771 | 500,752 |
| Treasury stock, 1,688 and 1,655 shares as of March 31, 2024 and December 31, 2023, respectively | (13,246) | (12,969) |
| Accumulated deficit | (419,428) | (414,870) |
| Accumulated other comprehensive income | 1,039 | 1,329 |
| Total stockholders' equity | 70,166 | 74,272 |
| Total liabilities and stockholders' equity | $101,789 | $109,723 |
The text of this filing, as the company filed it with the SEC, without its images or exhibits. This is not investment advice.