Peraso Inc
For the period ended Dec 31, 2023. Filed Mar 29, 2024.
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FY2023 · Filed Mar 29, 2024
PRSO$0.35-2.0%Stored close · as of Nov 10, 2026
Extracted filing text, with the paragraph anchors used by the comparison.
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Item 8. Consolidated Statements of Cash Flows
(In thousands)
| Year Ended | ||
|---|---|---|
| December 31, | ||
| 2023 | 2022 | |
| Cash flows from operating activities: | ||
| Net loss | $(16,795) | $(32,398) |
| Adjustments to reconcile net loss to net cash used in operating activities: | ||
| Depreciation and amortization | 3,811 | 3,057 |
| Stock-based compensation | 5,213 | 5,730 |
| Change in fair value of warrant liabilities | (3,493) | (1,595) |
| Inventory write-down | 3,558 | — |
| Financing costs - warrant issuances | — | 1,576 |
| Impairment of goodwill | — | 9,946 |
| Allowance for bad debt | (154) | — |
| Accrued interest on debt obligation | (22) | 9 |
| Interest portion of financing lease repayment | — | (16) |
| Impairment of intangible assets and property and equipment | 349 | — |
| Other | 3 | 89 |
| Changes in assets and liabilities | ||
| Accounts receivable | 2,667 | (808) |
| Inventories | (816) | (1,525) |
| Prepaid expenses and other assets | 590 | (59) |
| Tax credits and receivables | 5 | 1,160 |
| Accounts payable | 604 | (94) |
| Right-of-use assets | 670 | 578 |
| Lease liabilities - operating | (447) | (542) |
| Deferred revenue and other liabilities | (433) | (1,128) |
| Net cash used in operating activities | (4,690) | (16,020) |
| Cash flows from investing activities: | ||
| Purchases of property and equipment | (94) | (988) |
| Purchases of intangible assets | — | (21) |
| Proceeds from maturities of marketable securities | 1,100 | 11,534 |
| Purchases of marketable securities | — | (488) |
| Net cash provided by investing activities | 1,006 | 10,037 |
| Cash flows from financing activities: | ||
| Proceeds from sale of common stock, net | 3,595 | 2,099 |
| Repayment of financing lease | (107) | (61) |
| Taxes paid to net share settle equity awards | (49) | (120) |
| Net cash provided by financing activities | 3,439 | 1,918 |
| Net decrease in cash and cash equivalents | (245) | (4,065) |
| Cash and cash equivalents at beginning of year | 1,828 | 5,893 |
| Cash and cash equivalents at end of year | $1,583 | $1,828 |
| Supplemental disclosure: | ||
| Noncash investing and financing activities: | ||
| Initial recognition of warrant liability | $3,162 | $3,673 |
| Recognition of right-of-use assets and lease liabilities | $138 | $1,003 |
| Unrealized gain (loss) on available-for-sale securities | $(26) | $26 |
The text of this filing, as the company filed it with the SEC, without its images or exhibits. This is not investment advice.