Silvaco Group Inc
For the period ended Mar 31, 2024. Filed Jun 20, 2024.
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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 Jun 20, 2024
SVCO$7.45+2.8%Stored close · as of Nov 10, 2026
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Item 1. Financial Statements (unaud ited)
CONDENSED CONSOLIDATED BALANCE SHEETS
(Unaudited, in thousands except share and par value amounts)
| March 31, 2024 | December 31, 2023 | |
|---|---|---|
| ASSETS | ||
| Current assets: | ||
| Cash | $5,739 | $4,421 |
| Accounts receivable, net | 5,562 | 4,006 |
| Contract assets, net | 9,240 | 8,749 |
| Prepaid expenses and other current assets | 1,748 | 2,549 |
| Deferred transaction costs | 1,943 | 1,163 |
| Total current assets | 24,232 | 20,888 |
| Long-term assets: | ||
| Property and equipment, net | 656 | 591 |
| Operating lease right-of-use assets, net | 2,157 | 1,963 |
| Intangible assets, net | 273 | 342 |
| Goodwill | 9,026 | 9,026 |
| Long-term portion of contract assets, net | 8,961 | 6,250 |
| Other assets | 2,057 | 1,825 |
| Total long-term assets | 23,130 | 19,997 |
| Total assets | $47,362 | $40,885 |
| LIABILITIES AND STOCKHOLDERS' EQUITY | ||
| Current liabilities: | ||
| Accounts payable | $3,332 | $2,495 |
| Accrued expenses and other current liabilities | 9,945 | 10,255 |
| Accrued income taxes | 2,185 | 1,626 |
| Deferred revenue, current | 7,935 | 7,882 |
| Operating lease liabilities, current | 817 | 735 |
| Related party line of credit | 2,016 | 2,000 |
| Total current liabilities | 26,230 | 24,993 |
| Long-term liabilities: | ||
| Deferred revenue, non-current | 4,737 | 5,071 |
| Operating lease liabilities, non-current | 1,320 | 1,198 |
| Long-term loan facility | 4,283 | — |
| Other long-term liabilities | 197 | 221 |
| Total liabilities | 36,767 | 31,483 |
| Commitments and contingencies (Note 11) | ||
| Stockholders' equity: | ||
| Common stock, $0.0001 par value; 25,000,000 shares authorized; 20,000,000 shares issued and outstanding | 2 | 2 |
| Retained earnings | 12,770 | 11,392 |
| Accumulated other comprehensive loss | (2,177) | (1,992) |
| Total stockholders' equity | 10,595 | 9,402 |
| Total liabilities and stockholders' equity | $47,362 | $40,885 |
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