SITIME Corp

For the period ended Jun 30, 2024. Filed Aug 8, 2024.

About this filing

A company's report for each of its first three quarters. The financial statements are not audited. It shows how the business has moved since the last annual report, and what management says changed.

Jun 30, 2024 · Filed Aug 8, 2024

SITM$457.05+9.6%Stored close · as of Nov 9, 2026

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Contents

Condensed Consolidated Balance Sheets

(In thousands, except per share amounts)

	As of
	June 30, 2024	December 31, 2023
Assets:
Current assets:
Cash and cash equivalents	$16,637	$9,468
Short-term investments in held-to-maturity securities	435,881	518,733
Accounts receivable, net	20,986	21,861
Inventories	70,785	65,539
Prepaid expenses and other current assets	9,278	7,641
Total current assets	553,567	623,242
Property and equipment, net	58,689	54,685
Intangible assets, net	171,149	177,079
Right-of-use assets, net	7,056	8,262
Goodwill	87,098	87,098
Other assets	996	1,317
Total assets	$878,555	$951,683
Liabilities and Stockholders' Equity:
Current liabilities:
Accounts payable	$14,489	$8,690
Accrued expenses and other current liabilities	65,874	112,704
Total current liabilities	80,363	121,394
Other non-current liabilities	105,680	122,237
Total liabilities	186,043	243,631
Commitments and contingencies (Note 9)
Stockholders’ equity:
Common stock, $0.0001 par value - 200,000 shares authorized; 23,132 and 22,692 shares issued and outstanding at June 30, 2024 and December 31, 2023	2	2
Additional paid-in capital	836,383	796,450
Accumulated deficit	(143,873)	(88,400)
Total stockholders’ equity	692,512	708,052
Total liabilities and stockholders’ equity	$878,555	$951,683

ContentsView on SEC.gov

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