Silvaco Group Inc
For the period ended Sep 30, 2024. Filed Nov 12, 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.
Sep 30, 2024 · Filed Nov 12, 2024
SVCO$7.45+2.8%Stored close · as of Nov 10, 2026
Extracted filing text, with the paragraph anchors used by the comparison.
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Item 1. Condensed Consolidated Balance Sheets
CONDENSED CONSOLIDATED BALANCE SHEETS
(Unaudited, in thousands except share and par value amounts)
| September 30, 2024 | December 31, 2023 | |
|---|---|---|
| ASSETS | ||
| Current assets: | ||
| Cash and cash equivalents | $26,606 | $4,421 |
| Short-term marketable securities | 73,782 | — |
| Accounts receivable, net | 5,037 | 4,006 |
| Contract assets, net | 9,949 | 8,749 |
| Prepaid expenses and other current assets | 3,215 | 2,549 |
| Deferred transaction costs | — | 1,163 |
| Total current assets | 118,589 | 20,888 |
| Long-term assets: | ||
| Property and equipment, net | 843 | 591 |
| Operating lease right-of-use assets, net | 2,045 | 1,963 |
| Intangible assets, net | 4,660 | 342 |
| Goodwill | 9,026 | 9,026 |
| Long-term portion of contract assets, net | 9,456 | 6,250 |
| Other assets | 1,836 | 1,825 |
| Total long-term assets | 27,866 | 19,997 |
| Total assets | $146,455 | $40,885 |
| LIABILITIES AND STOCKHOLDERS' EQUITY | ||
| Current liabilities: | ||
| Accounts payable | $4,197 | $2,495 |
| Accrued expenses and other current liabilities | 23,309 | 10,255 |
| Accrued income taxes | 2,445 | 1,626 |
| Deferred revenue, current | 7,784 | 7,882 |
| Operating lease liabilities, current | 855 | 735 |
| Related party line of credit | — | 2,000 |
| Vendor financing obligation, current | 1,853 | — |
| Total current liabilities | 40,443 | 24,993 |
| Long-term liabilities: | ||
| Deferred revenue, non-current | 3,241 | 5,071 |
| Operating lease liabilities, non-current | 1,172 | 1,198 |
| Vendor financing obligation, non-current | 2,738 | — |
| Other long-term liabilities | 211 | 221 |
| Total liabilities | 47,805 | 31,483 |
| Commitments and contingencies (Note 10) | ||
| Stockholders' equity: | ||
| Preferred stock, $0.0001 par value; 10,000,000 shares authorized, no shares issued and outstanding as of September 30, 2024; no shares authorized as of December 31, 2023 | — | — |
| Common stock, $0.0001 par value; 500,000,000 shares authorized; 26,294,217 shares issued and outstanding as of September 30, 2024; 25,000,000 shares authorized; 20,000,000 shares issued and outstanding as of December 31, 2023 | 3 | 2 |
| Additional paid-in capital | 132,244 | — |
| (Accumulated deficit) Retained earnings | (32,169) | 11,392 |
| Accumulated other comprehensive loss | (1,428) | (1,992) |
| Total stockholders' equity | 98,650 | 9,402 |
| Total liabilities and stockholders' equity | $146,455 | $40,885 |
The text of this filing, as the company filed it with the SEC, without its images or exhibits. This is not investment advice.