PDF SOLUTIONS INC
For the period ended Mar 31, 2024. Filed May 9, 2024.
View on SEC.govAbout 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.
Mar 31, 2024 · Filed May 9, 2024
PDFS$40.63+8.0%Stored close · as of Nov 9, 2026
Extracted filing text, with the paragraph anchors used by the comparison.
See the whole filing, with its images and exhibitsContents
Condensed Consolidated Balance Sheets
(in thousands, except par value)
| | | | | | | |
|---|---|---|---|---|---|---|
| · · March 31, · · December 31, | ||||||
| · 2024 · 2023 | ||||||
| ASSETS · · | ||||||
| Current assets: · · | ||||||
| Cash and cash equivalents | | $85,256 | | $98,978 | ||
| Short-term investments | | 37,628 | | 36,544 | ||
| Accounts receivable, net of allowance for credit losses of $890 as of March 31, 2024 and December 31, 2023 | | 47,267 | | 44,904 | ||
| Prepaid expenses and other current assets | | 17,165 | | 17,422 | ||
| Total current assets | | 187,316 | | 197,848 | ||
| Property and equipment, net | | 36,088 | | 37,338 | ||
| Operating lease right-of-use assets, net | | 4,742 | | 4,926 | ||
| Goodwill | | 15,003 | | 15,029 | ||
| Intangible assets, net | | 14,747 | | 15,620 | ||
| Deferred tax assets, net | | 145 | | 157 | ||
| Other non-current assets | | 28,782 | | 19,218 | ||
| Total assets | | $286,823 | | $290,136 | ||
| | | | | | | |
| LIABILITIES AND STOCKHOLDERS’ EQUITY | | | ||||
| Current liabilities: | | | ||||
| Accounts payable | | $5,729 | | $2,561 | ||
| Accrued compensation and related benefits | | 9,491 | | 14,800 | ||
| Accrued and other current liabilities | | 4,963 | | 4,633 | ||
| Operating lease liabilities – current portion | | 1,625 | | 1,529 | ||
| Deferred revenues – current portion | | 27,643 | | 25,750 | ||
| Billings in excess of recognized revenues | | 2,345 | | 1,570 | ||
| Total current liabilities | | 51,796 | | 50,843 | ||
| Long-term income taxes | | 2,980 | | 2,972 | ||
| Non-current portion of operating lease liabilities | | 4,363 | | 4,657 | ||
| Other non-current liabilities | | 2,271 | | 2,718 | ||
| Total liabilities | | 61,410 | | 61,190 | ||
| Commitments and contingencies (Note 11) | | | ||||
| Stockholders’ equity: | | | ||||
| Preferred stock, $0.00015 par value, 5,000 shares authorized, no shares issued and outstanding | | | — | | | — |
| Common stock, $0.00015 par value, 70,000 shares authorized; shares issued 50,173 and 49,749, respectively; shares outstanding 38,393 and 38,289, respectively | | 6 | | 6 | ||
| Additional paid-in capital | | 481,390 | | 473,295 | ||
| Treasury stock at cost, 11,780 and 11,460 shares, respectively | | (154,616) | | (143,923) | ||
| Accumulated deficit | | (98,438) | | (98,045) | ||
| Accumulated other comprehensive loss | | (2,929) | | (2,387) | ||
| Total stockholders’ equity | | 225,413 | | 228,946 | ||
| Total liabilities and stockholders’ equity | | $286,823 | | $290,136 | ||
The text of this filing, as the company filed it with the SEC, without its images or exhibits. This is not investment advice.