PDF SOLUTIONS INC

For the period ended Mar 31, 2025. Filed May 8, 2025.

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.

Mar 31, 2025 · Filed May 8, 2025

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 exhibits

Contents

Condensed Consolidated Balance Sheets

(in thousands, except par value)


· · March 31, · · December 31,
· 2025 · 2024
ASSETS · · ·
Current assets: · ·
Cash and cash equivalents	$43,734	$90,594
Short-term investments	10,415	24,291
Accounts receivable, net of allowance for credit losses	63,676	73,649
Prepaid expenses and other current assets	22,800	17,445
Total current assets	140,625	205,979
Property and equipment, net	56,564	48,465
Operating lease right-of-use assets, net	3,661	4,029
Goodwill	96,645	14,953
Intangible assets, net	58,357	12,307
Deferred tax assets, net	215	43
Other non-current assets	33,905	29,513
Total assets	$389,972	$315,289

LIABILITIES AND STOCKHOLDERS’ EQUITY
Current liabilities:
Accounts payable	$9,394	$8,255
Accrued compensation and related benefits	10,902	16,855
Accrued and other current liabilities	13,037	8,752
Operating lease liabilities – current portion	1,591	1,675
Deferred revenues – current portion	27,131	25,005
Current portion of long-term debt, net	2,240	—
Total current liabilities	64,295	60,542
Long-term income taxes	2,932	2,915
Non-current portion of operating lease liabilities	3,154	3,504
Long-term debt, net	66,416	—
Other non-current liabilities	4,195	2,291
Total liabilities	140,992	69,252
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 51,170 and 50,717, respectively; shares outstanding 39,130 and 38,801, respectively	6	6
Additional paid-in capital	511,745	502,902
Treasury stock, at cost, 12,040 and 11,916 shares, respectively	(162,672)	(159,352)
Accumulated deficit	(97,020)	(93,988)
Accumulated other comprehensive loss	(3,079)	(3,531)
Total stockholders’ equity	248,980	246,037
Total liabilities and stockholders’ equity	$389,972	$315,289

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.