CEVA INC

For the period ended Dec 31, 2023. Filed Mar 7, 2024.

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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 7, 2024

CEVA$24.84-8.3%Stored close · as of Nov 9, 2026

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

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Contents

Consolidated Balance Sheets

(U.S. dollars in thousands, except share and per share data)

	December 31,
	2022	2023
ASSETS
Current assets:
Cash and cash equivalents	$20,116	$23,287
Short-term bank deposits	6,114	10,556
Marketable securities	112,080	132,695
Trade receivables (net of allowance for credit losses of $313 and $288 at December 31, 2022 and December 31, 2023, respectively)	29,830	30,307
Prepaid expenses and other current assets	6,789	12,526
Current assets of discontinued operation	2,696	—
Total current assets	177,625	209,371
Long-term assets:
Bank deposits	8,205	—
Severance pay fund	8,475	7,070
Deferred tax assets, net	8,484	1,609
Property and equipment, net	6,624	6,732
Operating lease right-of-use assets	8,485	6,978
Goodwill	56,794	58,308
Intangible assets, net	2,392	2,967
Investments in marketable equity securities	408	406
Other long-term assets	6,291	10,644
Long-term assets of discontinued operation	24,659	—
Total long-term assets	130,817	94,714
Total assets	$308,442	$304,085
LIABILITIES AND STOCKHOLDERS’ EQUITY
Current liabilities:
Trade payables	$1,859	$1,154
Deferred revenues	3,098	3,018
Accrued expenses and other payables	6,545	5,800
Accrued payroll and related benefits	17,504	14,402
Operating lease liabilities	2,680	2,513
Current liabilities of discontinued operation	1,592	—
Total current liabilities	33,278	26,887
Long-term liabilities:
Accrued severance pay	9,064	7,524
Operating lease liabilities	5,207	3,943
Other accrued liabilities	526	1,390
Long-term liabilities of discontinued operation	1,496	—
Total long-term liabilities	16,293	12,857
Stockholders’ equity:
Preferred stock: $0.001 par value: 5,000,000 shares authorized; none issued and outstanding	—	—
Common stock: $0.001 par value: 45,000,000 shares authorized; 23,595,160 and 23,695,190 shares issued at December 31, 2022 and December 31, 2023, respectively; 23,215,439 and 23,440,848 shares outstanding at December 31, 2022 and 2023, respectively	23	23
Additional paid in-capital	242,841	252,100
Treasury stock at cost (379,721 and 254,342 shares of common stock at December 31, 2022 and 2023, respectively)	(9,904)	(5,620)
Accumulated other comprehensive loss	(6,249)	(2,329)
Retained earnings	32,160	20,167
Total stockholders’ equity	258,871	264,341
Total liabilities and stockholders’ equity	$308,442	$304,085

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