Tessera Defense & Homeland Security Inc.
For the period ended Dec 31, 2024. Filed Mar 25, 2025.
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FY2024 · Filed Mar 25, 2025
HLSQ$0.11-13.6%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
| As of December 31, | ||
|---|---|---|
| 2024 | 2023 | |
| ASSETS | ||
| Current assets | ||
| Cash and cash equivalents | 16,856 | 14,907 |
| Restricted cash | 958 | 957 |
| Other current assets | 2,706 | 1,768 |
| Total current assets | 20,520 | 17,632 |
| Non-current assets | ||
| Non-current restricted cash | 161 | - |
| Operating lease right-of-use assets | 5,457 | 3,495 |
| Property and equipment, net | 5,045 | 3,902 |
| In-process Research and development (“IPR&D”) asset | 12,050 | - |
| Total non-current assets | 22,713 | 7,397 |
| 43,233 | 25,029 | |
**CONSOLIDATED BALANCE SHEETS
| As of December 31, | ||
|---|---|---|
| 2024 | 2023 | |
| LIABILITIES AND STOCKHOLDERS’ EQUITY | ||
| Current liabilities | ||
| Trade account payables | 1,882 | 1,381 |
| Current portion of lease liabilities | 1,130 | 666 |
| Other account payables | 5,255 | 3,344 |
| Current portion of long-term debt | - | 5,785 |
| Total current liabilities | 8,267 | 11,176 |
| Non-current liabilities | ||
| Contract liability | - | 1,976 |
| Long-term debt, net of current portion | - | 5,402 |
| Operating lease liabilities, net of current portion | 8,454 | 3,239 |
| Other liabilities | 77 | 155 |
| Private Placement Warrants | 2,287 | - |
| Total non-current liabilities | 10,818 | 10,772 |
| Commitments and Contingencies (Note 8) | ||
| Stockholders’ equity | ||
| Preferred Stock, $0.0001 par value; Authorized - 1,000,000 shares as of December 31, 2024 and December 31, 2023. Issued and outstanding – 147,735 as of December 31, 2024. No shares issued and outstanding as of December 31, 2023. | 18,645 | - |
| Common stock, $0.0001 par value (“Common Stock”); Authorized - 750,000,000 shares as of December 31, 2024 and 120,000,000 shares as of December 31, 2023. Issued and outstanding – 18,176,661 and 4,723,380 as of December 31, 2024 and December 31, 2023, respectively. (*) | 6 | 3 |
| Additional paid in capital | 186,194 | 166,048 |
| Accumulated deficit | (180,697) | (162,970) |
| Total Stockholders’ equity | 24,148 | 3,081 |
| 43,233 | 25,029 | |
| (*) | All share amounts have been retroactively adjusted to reflect a 1-for-10 reverse share split as discussed in Note 12A. |
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