TRANSACT TECHNOLOGIES INC
For the period ended Dec 31, 2023. Filed Mar 13, 2024.
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FY2023 · Filed Mar 13, 2024
TACT$5.09+4.4%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
(in thousands, except share data)
| December 31, 2023 | December 31, 2022 | |
|---|---|---|
| Assets: | ||
| Current assets: | ||
| Cash and cash equivalents | $12,321 | $7,946 |
| Accounts receivable (net of allowance for expected credit losses of $768 and $351) | 9,824 | 13,927 |
| Employee retention credit receivable | – | 1,500 |
| Inventories | 17,759 | 12,028 |
| Prepaid income taxes | 322 | – |
| Other current assets | 773 | 724 |
| Total current assets | 40,999 | 36,125 |
| Fixed assets, net | 2,421 | 2,781 |
| Right-of-use assets | 1,602 | 2,488 |
| Goodwill | 2,621 | 2,621 |
| Deferred tax assets | 6,304 | 7,327 |
| Intangible assets, net | 88 | 242 |
| Other assets | 163 | 248 |
| 13,199 | 15,707 | |
| Total assets | $54,198 | $51,832 |
| Liabilities and Shareholders’ Equity: | ||
| Current liabilities: | ||
| Revolving loan payable | $2,250 | $2,250 |
| Accounts payable | 4,431 | 7,395 |
| Accrued liabilities | 4,947 | 4,077 |
| Lease liabilities | 929 | 875 |
| Deferred revenue | 1,079 | 1,329 |
| Total current liabilities | 13,636 | 15,926 |
| Deferred revenue, net of current portion | 209 | 143 |
| Lease liabilities, net of current portion | 720 | 1,683 |
| Other liabilities | 219 | 218 |
| 1,148 | 2,044 | |
| Total liabilities | 14,784 | 17,970 |
| Commitments and contingencies (see Notes 8 and 14) | ||
| Shareholders’ equity: | ||
| Preferred stock, $0.01 value, 4,800,000 authorized, none issued and outstanding | – | – |
| Preferred stock, Series A, $0.01 par value, 200,000 authorized, none issued and outstanding | – | – |
| Common stock, $0.01 par value, 20,000,000 authorized at December 31, 2023 and 2022; 14,003,653 and 13,956,725 shares issued; 9,958,811 and 9,911,883 shares outstanding, at December 31, 2023 and 2022, respectively | 140 | 139 |
| Additional paid-in capital | 57,055 | 56,282 |
| Retained earnings | 14,378 | 9,630 |
| Accumulated other comprehensive loss, net of tax | (49) | (79) |
| Treasury stock, 4,044,842 shares, at cost | (32,110) | (32,110) |
| Total shareholders’ equity | 39,414 | 33,862 |
| Total liabilities and shareholders’ equity | $54,198 | $51,832 |
Index
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