indie Semiconductor, Inc.

For the period ended Sep 30, 2025. Filed Nov 7, 2025.

About this filing

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, 2025 · Filed Nov 7, 2025

INDI$2.20+21.5%Stored close · as of Nov 9, 2026

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Contents

Condensed Consolidated Balance Sheets

(Amounts in thousands, except share, par value and per share amounts)

	September 30,2025	December 31,2024
Assets
Current assets:
Cash and cash equivalents	$160,873	$274,248
Restricted cash	10,289	10,300
Accounts receivable, net of allowance for doubtful accounts of $546 as of September 30, 2025 and $1,970 as of December 31, 2024	53,246	52,005
Inventory	45,622	49,887
Prepaid expenses and other current assets	27,059	22,308
Total current assets	297,089	408,748
Property and equipment, net	42,163	34,281
Intangible assets, net	203,932	208,944
Goodwill	290,814	266,368
Operating lease right-of-use assets	15,055	16,107
Other assets and deposits	6,012	6,938
Total assets	$855,065	$941,386
Liabilities and stockholders' equity
Accounts payable	$19,147	$28,326
Accrued payroll liabilities	12,814	5,573
Contingent considerations	3,369	3,589
Accrued expenses and other current liabilities	24,888	29,297
Intangible asset contract liability	4,553	5,875
Current debt obligations	14,388	12,220
Total current liabilities	79,159	84,880
Long-term debt, net of current portion	339,146	369,097
Intangible asset contract liability, net of current portion	7,463	11,965
Deferred tax liabilities, non-current	15,958	11,660
Operating lease liability, non-current	13,696	14,278
Other long-term liabilities	6,729	4,111
Total liabilities	462,151	495,991
Commitments and contingencies (Note 17)
Stockholders' equity
Preferred stock, $0.0001 par value, 10,000,000 shares authorized; 0 shares issued or outstanding	—	—
Class A common stock, $0.0001 par value, 400,000,000 shares authorized, 203,718,403 and 190,888,408 shares issued, 201,993,403 and 189,163,408 shares outstanding as of September 30, 2025 and December 31, 2024, respectively	20	19
Class V common stock, $0.0001 par value, 40,000,000 shares authorized, 17,221,251 and 17,671,251 issued and outstanding as of September 30, 2025 and December 31, 2024, respectively	2	2
Additional paid-in capital	985,427	936,564
Accumulated deficit	(605,917)	(494,044)
Accumulated other comprehensive loss	(10,322)	(24,655)
indie's stockholders' equity	369,210	417,886
Noncontrolling interest	23,704	27,509
Total stockholders' equity	392,914	445,395
Total liabilities and stockholders' equity	$855,065	$941,386

ContentsView on SEC.gov

The text of this filing, as the company filed it with the SEC, without its images or exhibits. This is not investment advice.