LANTRONIX INC
For the period ended Jun 30, 2024. Filed Sep 9, 2024.
View on SEC.govAbout this filing
A company's yearly report to the SEC, with audited financial statements. It is the fullest account a company gives of its business, its finances and the risks it sees.
FY2024 · Filed Sep 9, 2024
LTRX$4.39-19.4%Stored close · as of Nov 10, 2026
Extracted filing text, with the paragraph anchors used by the comparison.
See the whole filing, with its images and exhibitsContents
Consolidated Balance Sheets as of June 30, 2024 and
CONSOLIDATED BALANCE SHEETS
(In thousands, except share and par value data)
| June 30, | June 30, | |
|---|---|---|
| 2024 | 2023 | |
| Assets | ||
| Current Assets: | ||
| Cash and cash equivalents | $26,237 | $13,452 |
| Accounts receivable, net | 31,279 | 27,682 |
| Inventories, net | 27,698 | 49,736 |
| Contract manufacturers' receivable | 1,401 | 3,019 |
| Prepaid expenses and other current assets | 2,335 | 2,662 |
| Total current assets | 88,950 | 96,551 |
| Property and equipment, net | 4,016 | 4,629 |
| Goodwill | 27,824 | 27,824 |
| Intangible assets, net | 5,251 | 10,565 |
| Lease right-of-use assets | 9,567 | 11,583 |
| Other assets | 600 | 472 |
| Total assets | $136,208 | $151,624 |
| Liabilities and stockholders' equity | ||
| Current Liabilities: | ||
| Accounts payable | $10,347 | $12,401 |
| Accrued payroll and related expenses | 5,836 | 2,431 |
| Current portion of long-term debt, net | 3,002 | 2,743 |
| Other current liabilities | 10,971 | 28,813 |
| Total current liabilities | 30,156 | 46,388 |
| Long-term debt, net | 13,219 | 16,221 |
| Other non-current liabilities | 11,478 | 11,459 |
| Total liabilities | 54,853 | 74,068 |
| Commitments and contingencies (Note 10) | – | – |
| Stockholders' equity: | ||
| Preferred stock, $0.0001 par value; 5,000,000 shares authorized; none issued and outstanding | – | – |
| Common stock, $0.0001 par value; 100,000,000 shares authorized; 37,872,883 and 36,875,586 shares issued and outstanding at June 30, 2024 and 2023, respectively | 4 | 4 |
| Additional paid-in capital | 304,001 | 295,686 |
| Accumulated deficit | (223,021) | (218,505) |
| Accumulated other comprehensive income | 371 | 371 |
| Total stockholders' equity | 81,355 | 77,556 |
| Total liabilities and stockholders' equity | $136,208 | $151,624 |
The text of this filing, as the company filed it with the SEC, without its images or exhibits. This is not investment advice.