PDF SOLUTIONS INC

For the period ended Sep 30, 2024. Filed Nov 7, 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.

Sep 30, 2024 · Filed Nov 7, 2024

PDFS$37.61+9.0%Stored close · as of Nov 6, 2026

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

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Contents

Condensed Consolidated Balance Sheets

(in thousands, except par value)


· · September 30, · · December 31,
· 2024 · 2023
ASSETS · ·
Current assets: · ·
Cash and cash equivalents	$96,428	$98,978
Short-term investments	23,724	36,544
Accounts receivable, net of allowance for credit losses of $890 as of September 30, 2024, and December 31, 2023	46,668	44,904
Prepaid expenses and other current assets	24,575	17,422
Total current assets	191,395	197,848
Property and equipment, net	46,019	37,338
Operating lease right-of-use assets, net	4,360	4,926
Goodwill	15,011	15,029
Intangible assets, net	13,133	15,620
Deferred tax assets, net	173	157
Other non-current assets	37,260	19,218
Total assets	$307,351	$290,136

LIABILITIES AND STOCKHOLDERS’ EQUITY
Current liabilities:
Accounts payable	$7,504	$2,561
Accrued compensation and related benefits	13,191	14,800
Accrued and other current liabilities	6,510	4,633
Operating lease liabilities – current portion	1,706	1,529
Deferred revenues – current portion	28,728	25,750
Billings in excess of recognized revenues	91	1,570
Total current liabilities	57,730	50,843
Long-term income taxes	2,883	2,972
Non-current portion of operating lease liabilities	3,870	4,657
Other non-current liabilities	2,404	2,718
Total liabilities	66,887	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 50,668 and 49,749, respectively; shares outstanding 38,763 and 38,289, respectively	6	6
Additional paid-in capital	496,255	473,295
Treasury stock, at cost, 11,905 and 11,460 shares, respectively	(159,018)	(143,923)
Accumulated deficit	(94,527)	(98,045)
Accumulated other comprehensive loss	(2,252)	(2,387)
Total stockholders’ equity	240,464	228,946
Total liabilities and stockholders’ equity	$307,351	$290,136

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.