Vislink Technologies Inc
For the period ended Dec 31, 2024. Filed May 2, 2025.
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FY2024 · Filed May 2, 2025
VISL$2.00-7.0%Stored close · as of Sep 19, 2025
Extracted filing text, with the paragraph anchors used by the comparison.
See the whole filing, with its images and exhibitsContents
Consolidated Balance Sheets
(IN THOUSANDS, EXCEPT SHARE DATA)
| December 31, | ||
|---|---|---|
| 2024 | 2023 | |
| ASSETS | ||
| Current assets | ||
| Cash and cash equivalents | $5,501 | $8,482 |
| Accounts receivable, net | 5,958 | 8,680 |
| Inventories, net | 7,563 | 14,029 |
| Investments held to maturity | 995 | 5,731 |
| Prepaid expenses and other current assets | 1,302 | 1,560 |
| Total current assets | 21,319 | 38,482 |
| Right of use assets, operating leases | 297 | 742 |
| Property and equipment, net | 1,984 | 1,902 |
| Intangible assets, net | 2,578 | 3,866 |
| Total assets | $26,178 | $44,992 |
| LIABILITIES AND STOCKHOLDERS’ EQUITY | ||
| Current liabilities | ||
| Accounts payable | $2,422 | $3,183 |
| Accrued expenses | 2,153 | 1,578 |
| Notes payable | 56 | — |
| Operating lease obligations, current | 459 | 463 |
| Accrued restructuring costs | 421 | — |
| Customer deposits and deferred revenue | 2,768 | 1,490 |
| Total current liabilities | 8,279 | 6,714 |
| Operating lease obligations, net of current portion | 291 | 755 |
| Deferred tax liabilities | 401 | 546 |
| Total liabilities | 8,971 | 8,015 |
| Commitments and contingencies (See Note 20) | - | - |
| Series A Preferred stock, $0.00001 par value per share: -0- shares authorized on December 31, 2024, and 2023, respectively; -0- and shares issued and outstanding on December 31, 2024, and 2023, respectively. | — | — |
| Stockholders’ equity | ||
| Preferred stock, $0.00001 par value per share: 10,000,000 shares authorized on December 31, 2024, and 2023, respectively | — | — |
| Common stock, $0.00001 par value per share, 100,000,000 shares authorized on December 31, 2024, and 2023, respectively: | ||
| Common stock, 2,467,618 and 2,439,923 were issued, and 2,467,485 and 2,439,790 were outstanding on December 31, 2024 and 2023, respectively. | — | — |
| Additional paid-in capital | 348,663 | 347,507 |
| Accumulated other comprehensive loss | (1,452) | (1,027) |
| Treasury stock, at cost – 133 shares as of December 31, 2024, and 2023, respectively | (277) | (277) |
| Accumulated deficit | (329,727) | (309,226) |
| Total stockholders’ equity | 17,207 | 36,977 |
| Total liabilities and stockholders’ equity | $26,178 | $44,992 |
The text of this filing, as the company filed it with the SEC, without its images or exhibits. This is not investment advice.