Vislink Technologies Inc
For the period ended Dec 31, 2023. Filed Apr 3, 2024.
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.
FY2023 · Filed Apr 3, 2024
VISL$2.00-7.0%Stored close · as of Sep 19, 2025
Extracted filing text, with the paragraph anchors used by the comparison.
See the whole filing, with its images and exhibitsContents
Consolidated Balance Sheets
(IN THOUSANDS, EXCEPT SHARE DATA)
| December 31, | ||
|---|---|---|
| 2023 | 2022 | |
| ASSETS | ||
| Current assets | ||
| Cash | $8,482 | $25,627 |
| Accounts receivable, net | 8,680 | 6,007 |
| Inventories, net | 14,029 | 12,021 |
| Investments held to maturity | 5,731 | — |
| Prepaid expenses and other current assets | 1,560 | 1,232 |
| Total current assets | 38,482 | 44,887 |
| Right of use assets, operating leases | 742 | 1,075 |
| Property and equipment, net | 1,902 | 1,434 |
| Intangible assets, net | 3,866 | 4,400 |
| Total assets | $44,992 | $51,796 |
| LIABILITIES AND STOCKHOLDERS’ EQUITY | ||
| Current liabilities | ||
| Accounts payable | $3,183 | $2,626 |
| Accrued expenses | 1,578 | 1,568 |
| Notes payable | — | 84 |
| Operating lease obligations, current | 463 | 455 |
| Customer deposits and deferred revenue | 1,490 | 1,540 |
| Total current liabilities | 6,714 | 6,273 |
| Operating lease obligations, net of current portion | 755 | 1,107 |
| Deferred tax liabilities | 546 | 764 |
| Total liabilities | 8,015 | 8,144 |
| Commitments and contingencies (See Note 17) | - | - |
| Series A Preferred stock, $0.00001 par value per share: -0- and 47,419 shares authorized on December 31, 2023, and 2022, respectively; -0- and 47,419 shares issued and outstanding on December 31, 2023, and 2022, respectively at a redemption value equal to $0.10 in cash for each ten thousand (10,000) whole shares. | — | — |
| Stockholders’ equity | ||
| Preferred stock, $0.00001 par value per share: 10,000,000 shares authorized on December 31, 2023, and 2022, respectively | — | — |
| Common stock, $0.00001 par value per share, 100,000,000 shares authorized on December 31, 2023, and 2022, respectively: | ||
| Common stock 2,439,923 and 2,367,362 were issued, and 2,439,790 and 2,367,229 were outstanding on December 31, 2023, and 2022, respectively. | — | — |
| Additional paid-in capital | 347,507 | 345,365 |
| Accumulated other comprehensive loss | (1,027) | (1,337) |
| Treasury stock, at cost – 133 shares as of December 31, 2023, and 2022, respectively | (277) | (277) |
| Accumulated deficit | (309,226) | (300,099) |
| Total stockholders’ equity | 36,977 | 43,652 |
| Total liabilities and stockholders’ equity | $44,992 | $51,796 |
The text of this filing, as the company filed it with the SEC, without its images or exhibits. This is not investment advice.