MoSys, Inc. Reports Third Quarter 2011 Financial Results
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MOSYS, INC.
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CONDENSED CONSOLIDATED BALANCE SHEETS
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(in thousands, unaudited)
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September 30,
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December 31,
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2011
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2010
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Assets
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Current assets:
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Cash, cash equivalents and investments
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$
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18,305
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$
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29,351
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Accounts receivable, net
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602
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1,079
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Unbilled contract receivables
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107
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202
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Prepaid expenses and other assets
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2,985
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3,377
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Total current assets
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21,999
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34,009
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Long-term investments
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8,061
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8,193
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Property and equipment, net
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1,654
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2,160
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Goodwill
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23,134
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23,134
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Intangible assets, net
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4,274
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6,238
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Other assets
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348
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232
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Total assets
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$
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59,470
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$
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73,966
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Liabilities and Stockholders’ Equity
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Current liabilities:
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Accounts payable
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$
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1,114
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$
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839
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Accrued expenses and other liabilities
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2,232
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2,623
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Accrued acquisition-related earn-out
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500
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1,500
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Deferred revenue
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1,212
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1,801
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Total current liabilities
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5,058
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6,763
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Long-term liabilities
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108
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146
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Stockholders' equity
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54,304
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67,057
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Total liabilities and stockholders’ equity
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$
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59,470
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$
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73,966
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