CEVA INC
For the period ended Dec 31, 2024. Filed Feb 27, 2025.
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.
FY2024 · Filed Feb 27, 2025
CEVA$24.84-8.3%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
(U.S. dollars in thousands, except share and per share data)
| December 31, | ||
|---|---|---|
| 2023 | 2024 | |
| ASSETS | ||
| Current assets: | ||
| Cash and cash equivalents | $23,287 | $18,498 |
| Short-term bank deposits | 10,556 | 2,029 |
| Marketable securities | 132,695 | 143,117 |
| Trade receivables (net of allowance for credit losses of $288 and $2,626 at December 31, 2023 and December 31, 2024, respectively) | 30,307 | 37,209 |
| Prepaid expenses and other current assets | 12,526 | 15,488 |
| Total current assets | 209,371 | 216,341 |
| Long-term assets: | ||
| Severance pay fund | 7,070 | 7,161 |
| Deferred tax assets, net | 1,609 | 1,456 |
| Property and equipment, net | 6,732 | 6,877 |
| Operating lease right-of-use assets | 6,978 | 5,811 |
| Goodwill | 58,308 | 58,308 |
| Intangible assets, net | 2,967 | 1,877 |
| Investments in marketable equity securities | 406 | 312 |
| Other long-term assets | 10,644 | 10,805 |
| Total long-term assets | 94,714 | 92,607 |
| Total assets | $304,085 | $308,948 |
| LIABILITIES AND STOCKHOLDERS’ EQUITY | ||
| Current liabilities: | ||
| Trade payables | $1,154 | $1,125 |
| Deferred revenues | 3,018 | 3,599 |
| Accrued expenses and other payables | 5,800 | 6,243 |
| Accrued payroll and related benefits | 14,402 | 16,964 |
| Operating lease liabilities | 2,513 | 2,598 |
| Total current liabilities | 26,887 | 30,529 |
| Long-term liabilities: | ||
| Accrued severance pay | 7,524 | 7,365 |
| Operating lease liabilities | 3,943 | 2,963 |
| Other accrued liabilities | 1,390 | 1,535 |
| Total long-term liabilities | 12,857 | 11,863 |
| 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; 23,695,190 and 23,756,255 shares issued at December 31, 2023 and December 31, 2024, respectively; 23,440,848 and 23,626,865 shares outstanding at December 31, 2023 and 2024, respectively | 23 | 24 |
| Additional paid in-capital | 252,100 | 259,891 |
| Treasury stock at cost (254,342 and 129,390 shares of common stock at December 31, 2023 and 2024, respectively) | (5,620) | (3,222) |
| Accumulated other comprehensive loss | (2,329) | (1,330) |
| Retained earnings | 20,167 | 11,193 |
| Total stockholders’ equity | 264,341 | 266,556 |
| Total liabilities and stockholders’ equity | $304,085 | $308,948 |
The text of this filing, as the company filed it with the SEC, without its images or exhibits. This is not investment advice.