VEECO INSTRUMENTS INC

For the period ended Dec 31, 2023. Filed Feb 16, 2024.

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.

FY2023 · Filed Feb 16, 2024

VECO$39.56-0.1%Stored close · as of Nov 10, 2026

Extracted filing text, with the paragraph anchors used by the comparison.

See the whole filing, with its images and exhibits

Contents

Consolidated Balance Sheets at December 31, 2023 and 2022

Consolidated Balance Sheets

(in thousands, except share amounts)


· · December 31, · · December 31,
· 2023 · 2022
Assets · · · · ·
Current assets:
Cash and cash equivalents	$158,781	$154,925
Restricted cash	339	547
Short-term investments	146,664	147,488
Accounts receivable, net	103,018	124,221
Contract assets	24,370	16,507
Inventories	237,635	206,908
Prepaid expenses and other current assets	35,471	18,305
Total current assets	706,278	668,901
Property, plant, and equipment, net	118,459	107,281
Operating lease right-of-use assets	24,377	26,467
Intangible assets, net	43,945	23,887
Goodwill	214,964	181,943
Deferred income taxes	117,901	116,349
Other assets	3,117	3,355
Total assets	$1,229,041	$1,128,183

Liabilities and stockholders' equity
Current liabilities:
Accounts payable	$42,383	$52,049
Accrued expenses and other current liabilities	57,624	56,031
Contract liabilities	118,026	127,223
Income taxes payable	—	2,432
Current portion of long-term debt	—	20,169
Total current liabilities	218,033	257,904
Deferred income taxes	6,552	1,285
Long-term debt	274,941	254,491
Long-term operating lease liabilities	31,529	33,581
Other liabilities	25,544	3,098
Total liabilities	556,599	550,359
Stockholders' equity:
Preferred stock, $0.01 par value; 500,000 shares authorized; no shares issued and outstanding.	—	—
Common stock, $0.01 par value; 120,000,000 shares authorized; 56,364,131 shares issued and outstanding at December 31, 2023 and 51,660,409 shares issued and outstanding at December 31, 2022	564	517
Additional paid-in capital	1,202,440	1,078,180
Accumulated deficit	(532,169)	(501,801)
Accumulated other comprehensive income	1,607	928
Total stockholders' equity	672,442	577,824
Total liabilities and stockholders' equity	$1,229,041	$1,128,183

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.