SITIME Corp

For the period ended Dec 31, 2024. Filed Feb 14, 2025.

About 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 14, 2025

SITM$457.05+9.6%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

(In thousands, except per share amounts)

	As of
	December 31, 2024	December 31, 2023
Assets:
Current assets:
Cash and cash equivalents	$6,106	$9,468
Short-term investments in held-to-maturity securities	412,728	518,733
Accounts receivable, net	38,209	21,861
Inventories	76,741	65,539
Prepaid expenses and other current assets	10,276	7,641
Total current assets	544,060	623,242
Property and equipment, net	82,475	54,685
Intangible assets, net	163,558	177,079
Right-of-use assets, net	6,569	8,262
Goodwill	87,098	87,098
Other assets	1,199	1,317
Total assets	$884,959	$951,683
Liabilities and Stockholders' Equity:
Current liabilities:
Accounts payable	$22,894	$8,690
Accrued expenses and other current liabilities	85,555	112,704
Total current liabilities	108,449	121,394
Other non-current liabilities	76,791	122,237
Total liabilities	185,240	243,631
Commitments and contingencies (Note 6)
Stockholders’ equity:
Common stock, $0.0001 par value - 200,000 shares authorized; 23,598 and 22,692 shares issued and outstanding at December 31, 2024 and 2023	2	2
Additional paid-in capital	881,718	796,450
Accumulated deficit	(182,001)	(88,400)
Total stockholders’ equity	699,719	708,052
Total liabilities and stockholders’ equity	$884,959	$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.