SITIME Corp
For the period ended Dec 31, 2023. Filed Feb 26, 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 Feb 26, 2024
SITM$444.45-2.8%Stored close · as of Nov 10, 2026
Extracted filing text, with the paragraph anchors used by the comparison.
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Consolidated Statements of Stockholders’ Equity
(In thousands)
| Common Stock · Additional Paid-in Capital · Accumulated Deficit · Total Stockholders' Equity | ||||||
|---|---|---|---|---|---|---|
| Shares · Amount | ||||||
| Balances at December 31, 2020 | 17,150 | $2 | $173,274 | $(63,396) | $109,880 | |
| Stock-based compensation expense | — | — | 29,694 | — | 29,694 | |
| Net income | — | — | — | 32,277 | 32,277 | |
| Issuance of common stock upon follow-on public offering net of underwriting discounts and commissions and other offering costs | 2,800 | — | 460,646 | 460,646 | ||
| Issuance of shares upon vesting of restricted stock units | 875 | — | — | — | — | |
| Balances at December 31, 2021 | 20,825 | 2 | 663,614 | (31,119) | 632,497 | |
| Stock-based compensation expense | — | — | 57,251 | — | 57,251 | |
| Net income | — | — | — | 23,254 | 23,254 | |
| Issuance of common stock in connection with At-The-Market offering net of underwriting discounts and commissions and other offering costs | 225 | — | 33,030 | — | 33,030 | |
| Issuance of shares upon vesting of restricted stock units, net of tax withholdings | 652 | — | (37,552) | — | (37,552) | |
| Balances at December 31, 2022 | 21,702 | 2 | 716,343 | (7,865) | 708,480 | |
| Stock-based compensation expense | — | — | 76,638 | — | 76,638 | |
| Net loss | — | — | — | (80,535) | (80,535) | |
| Issuance of common stock in connection with At-The-Market offering net of underwriting discounts and commissions and other offering costs | 400 | — | 44,815 | — | 44,815 | |
| Issuance of shares upon vesting of restricted stock units, net of tax withholdings | 590 | — | (41,346) | — | (41,346) | |
| Balances at December 31, 2023 | 22,692 | $2 | $796,450 | $(88,400) | $708,052 | |
The text of this filing, as the company filed it with the SEC, without its images or exhibits. This is not investment advice.