GCT Semiconductor Holding, Inc.

For the period ended Mar 31, 2026. Filed May 12, 2026.

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.

Mar 31, 2026 · Filed May 12, 2026

GCTS$1.38+19.0%Stored close · as of Nov 9, 2026

Extracted filing text, with the paragraph anchors used by the comparison.

See the whole filing, with its images and exhibits

Contents

Condensed Consolidated Balance Sheets

(unaudited, in thousands, except per share amounts)

	March 31, 2026	December 31, 2025
Assets
Current assets:
Cash and cash equivalents	$7,185	$590
Accounts receivable, net	2,414	2,597
Inventory	1,558	947
Contract assets	5,110	5,432
Prepaid expenses and other current assets	2,770	2,318
Total current assets	19,037	11,884
Property and equipment, net	2,470	2,671
Operating lease right-of-use assets	513	708
Other assets	358	381
Total assets	$22,378	$15,644
Liabilities and Stockholders’ Deficit
Current liabilities:
Accounts payable	$702	$628
Contract liabilities	131	—
Accrued and other current liabilities	21,143	21,680
Common stock forward liability	—	3
Borrowings	52,068	56,589
Operating lease liabilities, current	491	686
Total current liabilities	74,535	79,586
Long-term borrowings	661	—
Convertible promissory notes, net of current	4,964	6,046
Net defined benefit liabilities	7,158	7,598
Long-term operating lease liabilities	35	41
Other taxes payable	2,289	2,265
Warrant liabilities	5,995	2,870
Other liabilities	677	531
Total liabilities	96,314	98,937
Commitments and contingencies (Note 7)
Stockholders’ deficit:
Preferred stock, par value $0.0001 per share; 40,000 shares authorized as of March 31, 2026 and December 31, 2025; no shares issued and outstanding as of March 31, 2026 and December 31, 2025	—	—
Common stock, par value $0.0001 per share; 400,000 shares authorized as of March 31, 2026 and December 31, 2025; 72,593 and 58,137 shares issued and outstanding as of March 31, 2026 and December 31, 2025, respectively	7	6
Additional paid-in capital	538,957	520,925
Accumulated other comprehensive income	2,369	1,181
Accumulated deficit	(615,269)	(605,405)
Total stockholders’ deficit	(73,936)	(83,293)
Total liabilities and stockholders’ deficit	$22,378	$15,644

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.