Arteris Inc
For the period ended Dec 31, 2024. Filed Feb 18, 2025.
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FY2024 · Filed Feb 18, 2025
AIP$19.20+7.9%Stored close · as of Nov 9, 2026
Extracted filing text, with the paragraph anchors used by the comparison.
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Consolidated Balance Sheets
(In thousands, except share and per share data)
| As of December 31, | ||
|---|---|---|
| 2024 | 2023 | |
| ASSETS | ||
| Current assets: | ||
| Cash and cash equivalents | $13,684 | $13,696 |
| Short-term investments (Note 5) | 30,157 | 27,477 |
| Accounts receivable, net of allowance of $131 and $93 as of December 31, 2024, and 2023, respectively | 20,608 | 12,003 |
| Prepaid expenses and other current assets | 4,634 | 5,254 |
| Total current assets | 69,083 | 58,430 |
| Property and equipment, net | 4,019 | 5,745 |
| Long-term investments (Note 5) | 8,504 | 11,802 |
| Equity method investment | 5,802 | 8,500 |
| Operating lease right-of-use assets | 3,838 | 4,289 |
| Intangibles, net | 3,024 | 3,858 |
| Goodwill | 4,178 | 4,178 |
| Other assets | 7,687 | 5,999 |
| TOTAL ASSETS | $106,135 | $102,801 |
| LIABILITIES AND STOCKHOLDERS’ EQUITY | ||
| Current liabilities: | ||
| Accounts payable | $539 | $183 |
| Accrued expenses and other current liabilities | 15,899 | 11,831 |
| Operating lease liabilities, current | 917 | 781 |
| Deferred revenue, current | 40,445 | 31,537 |
| Vendor financing arrangements, current | 1,482 | 2,070 |
| Total current liabilities | 59,282 | 46,402 |
| Deferred revenue, noncurrent | 35,177 | 25,172 |
| Operating lease liabilities, noncurrent | 2,998 | 3,610 |
| Vendor financing arrangements, noncurrent | 594 | 1,292 |
| Deferred income, noncurrent | 7,631 | 8,810 |
| Other liabilities | 1,641 | 2,412 |
| Total liabilities | 107,323 | 87,698 |
| Commitments and contingencies (Note 11) | ||
| Stockholders’ (deficit) equity: | ||
| Preferred stock, par value of $0.001—10,000,000 shares authorized and no shares issued and outstanding as of both December 31, 2024, and 2023 | — | — |
| Common stock, par value of $0.001—300,000,000 shares authorized at December 31, 2024, and 2023; 40,724,936 and 37,518,583 shares issued and outstanding at December 31, 2024, and 2023, respectively | 40 | 37 |
| Additional paid-in capital | 135,522 | 118,193 |
| Accumulated other comprehensive income | 135 | 120 |
| Accumulated deficit | (136,885) | (103,247) |
| Total stockholders’ (deficit) equity | (1,188) | 15,103 |
| TOTAL LIABILITIES AND STOCKHOLDERS’ EQUITY | $106,135 | $102,801 |
See notes to consolidated financial statements
The text of this filing, as the company filed it with the SEC, without its images or exhibits. This is not investment advice.