Identiv Inc
For the period ended Sep 30, 2024. Filed Nov 12, 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.
Sep 30, 2024 · Filed Nov 12, 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)
| September 30,2024 | December 31,2023 | |
|---|---|---|
| ASSETS | ||
| Current assets: | ||
| Cash and cash equivalents | $145,361 | $23,312 |
| Restricted cash | 384 | 1,072 |
| Accounts receivable, net of allowances of $622 and $1,610 as of September 30, 2024 and December 31, 2023, respectively | 4,848 | 7,404 |
| Inventories | 10,710 | 13,560 |
| Prepaid expenses and other current assets | 4,700 | 1,222 |
| Current assets held-for-sale | — | 32,916 |
| Total current assets | 166,003 | 79,486 |
| Property and equipment, net | 8,203 | 8,472 |
| Operating lease right-of-use assets | 2,110 | 2,289 |
| Other assets | 713 | 678 |
| Non-current assets held-for-sale | — | 18,798 |
| Total assets | $177,029 | $109,723 |
| LIABILITIES AND STOCKHOLDERS' EQUITY | ||
| Current liabilities: | ||
| Accounts payable | $6,035 | $4,652 |
| Financial liabilities, net of debt issuance costs of $0 and $51 as of September 30, 2024 and December 31, 2023, respectively | — | 9,949 |
| Operating lease liabilities | 880 | 782 |
| Accrued compensation and related benefits | 1,321 | 1,376 |
| Accrued income taxes payable | 7,180 | 104 |
| Other accrued expenses and liabilities | 3,595 | 917 |
| Current liabilities held-for-sale | — | 13,002 |
| Total current liabilities | 19,011 | 30,782 |
| Long-term operating lease liabilities | 1,251 | 1,507 |
| Other long-term liabilities | 27 | 26 |
| Non-current liabilities held-for-sale | — | 3,136 |
| Total liabilities | 20,289 | 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 September 30, 2024 and December 31, 2023 | 5 | 5 |
| Common stock, $0.001 par value: 50,000 shares authorized; 25,941 and 24,902 shares issued and 23,873 and 23,247 shares outstanding as of September 30, 2024 and December 31, 2023, respectively | 26 | 25 |
| Additional paid-in capital | 508,606 | 500,752 |
| Treasury stock, 2,068 and 1,655 shares as of September 30, 2024 and December 31, 2023, respectively | (14,568) | (12,969) |
| Accumulated deficit | (339,695) | (414,870) |
| Accumulated other comprehensive income | 2,366 | 1,329 |
| Total stockholders' equity | 156,740 | 74,272 |
| Total liabilities and stockholders' equity | $177,029 | $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.