Peraso Inc
For the period ended Dec 31, 2023. Filed Mar 29, 2024.
View on SEC.govAbout this filing
A company's yearly report to the SEC, with audited financial statements. It is the fullest account a company gives of its business, its finances and the risks it sees.
FY2023 · Filed Mar 29, 2024
PRSO$0.36+2.0%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 exhibitsContents
Consolidated Balance Sheets
(In thousands, except par value)
| December 31, | ||
|---|---|---|
| 2023 | 2022 | |
| ASSETS | ||
| Current assets | ||
| Cash and cash equivalents | $1,583 | $1,828 |
| Short-term investments | — | 1,078 |
| Accounts receivable, net | 731 | 3,244 |
| Inventories, net | 2,606 | 5,348 |
| Tax credits and receivables | 36 | 41 |
| Deferred cost of net revenue | — | 600 |
| Prepaid expenses and other | 584 | 574 |
| Total current assets | 5,540 | 12,713 |
| Property and equipment, net | 1,156 | 2,225 |
| Right-of-use lease assets | 615 | 1,147 |
| Intangible assets, net | 3,280 | 6,278 |
| Other | 123 | 123 |
| Total assets | $10,714 | $22,486 |
| LIABILITIES AND STOCKHOLDERS’ EQUITY | ||
| Current liabilities | ||
| Accounts payable | $2,448 | $1,844 |
| Accrued expenses and other | 611 | 1,817 |
| Deferred revenue | 1,105 | 332 |
| Short-term lease liabilities | 370 | 687 |
| Total current liabilities | 4,534 | 4,680 |
| Long-term lease liabilities | 349 | 470 |
| Warrant liabilities | 1,748 | 2,079 |
| Total liabilities | 6,631 | 7,229 |
| Commitments and contingencies (Note 4) | ||
| Stockholders’ equity | ||
| Preferred stock, $0.01 par value; 20,000 shares authorized; none issued and outstanding | — | — |
| Series A, special voting preferred stock, $0.01 par value; one share authorized; and one share issued and outstanding at December 31, 2023 and 2022 | — | — |
| Common stock, $0.001 par value; 120,000 shares authorized; 673 shares and 357 shares issued and outstanding at December 31, 2023 and 2022, respectively | 1 | — |
| Exchangeable shares, no par value; unlimited shares authorized; 95 shares and 228 shares outstanding at December 31, 2023 and 2022, respectively | — | — |
| Additional paid-in capital | 170,474 | 164,879 |
| Accumulated other comprehensive loss | — | (25) |
| Accumulated deficit | (166,392) | (149,597) |
| Total stockholders’ equity | 4,083 | 15,257 |
| Total liabilities and stockholders’ equity | $10,714 | $22,486 |
Note: Share amounts as of December 31, 2023 and 2022 have been adjusted to reflect the impact of a 1-for-40 reverse stock split of the Company’s common stock and exchangeable shares effected in January 2024, as discussed in Note 1.
The text of this filing, as the company filed it with the SEC, without its images or exhibits. This is not investment advice.