STAAR SURGICAL CO
For the period ended Dec 27, 2024. Filed Feb 21, 2025.
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FY2024 · Filed Feb 21, 2025
STAA$24.55-2.6%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
December 27, 2024 and December 29, 2023
(In thousands, except par value amounts)
| 2024 | 2023 | |
|---|---|---|
| ASSETS | ||
| Current assets: | ||
| Cash and cash equivalents | $144,159 | $183,038 |
| Investments available for sale (amortized cost basis of $86,346 and $37,843 at December 27, 2024 and December 29, 2023, respectively) | 86,335 | 37,688 |
| Accounts receivable trade, net of allowance for credit losses of $32 and $191 at December 27, 2024 and December 29, 2023, respectively | 77,897 | 94,704 |
| Inventories, net | 43,305 | 35,130 |
| Prepayments, deposits and other current assets | 16,244 | 14,709 |
| Total current assets | 367,940 | 365,269 |
| Investments available for sale (amortized cost basis of $11,590 at December 29, 2023) | — | 11,703 |
| Property, plant and equipment, net | 84,889 | 66,835 |
| Finance lease right-of-use assets, net | 37 | 183 |
| Operating lease right-of-use assets, net | 36,850 | 34,387 |
| Goodwill | 1,786 | 1,786 |
| Deferred income taxes | 788 | 5,190 |
| Other assets | 17,234 | 3,339 |
| Total assets | $509,524 | $488,692 |
| LIABILITIES AND STOCKHOLDERS’ EQUITY | ||
| Current liabilities: | ||
| Accounts payable | $16,704 | $13,557 |
| Obligations under finance leases | 42 | 165 |
| Obligations under operating leases | 3,894 | 4,202 |
| Allowance for sales returns | 6,579 | 6,174 |
| Other current liabilities | 43,087 | 40,938 |
| Total current liabilities | 70,306 | 65,036 |
| Obligations under finance leases | — | 42 |
| Obligations under operating leases | 34,807 | 31,425 |
| Deferred income taxes | 297 | 1,077 |
| Asset retirement obligations | 42 | 103 |
| Pension liability | 6,737 | 5,055 |
| Total liabilities | 112,189 | 102,738 |
| Commitments and contingencies (Note 12) | ||
| Stockholders’ equity: | ||
| Common stock, $0.01 par value; 60,000 shares authorized: 49,294 and 48,839 shares issued and outstanding at December 27, 2024 and December 29, 2023, respectively | 493 | 488 |
| Additional paid-in capital | 471,449 | 436,947 |
| Accumulated other comprehensive income (loss) | (7,031) | (4,113) |
| Accumulated deficit | (67,576) | (47,368) |
| Total stockholders’ equity | 397,335 | 385,954 |
| Total liabilities and stockholders’ equity | $509,524 | $488,692 |
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