QUICKLOGIC CORPORATION CONDENSED CONSOLIDATED BALANCE SHEETS (in thousands) (Unaudited) |
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| June 28, 2020 |
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| December 29, 2019 |
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ASSETS |
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Current assets: |
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Cash, cash equivalents and restricted cash |
| $ | 26,398 |
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| $ | 21,548 |
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Accounts receivable, net |
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| 1,124 |
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| 1,991 |
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Inventories |
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| 3,052 |
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| 3,260 |
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Other current assets |
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| 1,162 |
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| 1,565 |
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Total current assets |
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| 31,736 |
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| 28,364 |
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Property and equipment, net |
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| 591 |
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| 830 |
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Capitalized internal-use software, net |
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| 672 |
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| 333 |
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Right of use assets |
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| 2,212 |
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| 2,370 |
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Intangible assets, net |
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| 934 |
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| 1,008 |
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Goodwill |
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| 185 |
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| 185 |
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Other assets |
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| 291 |
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| 314 |
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TOTAL ASSETS |
| $ | 36,621 |
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| $ | 33,404 |
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LIABILITIES AND STOCKHOLDERS' EQUITY |
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Current liabilities: |
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Revolving line of credit |
| $ | 15,000 |
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| $ | 15,000 |
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Trade payables |
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| 1,644 |
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| 1,003 |
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| Accrued liabilities |
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| 890 |
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| 1,133 |
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| Paycheck protection program loan, current portion |
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| 461 |
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| — |
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| Deferred revenue |
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| 56 |
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| 158 |
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| Current portion of capital lease obligations |
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| 752 |
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| 704 |
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| Total current liabilities |
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| 18,803 |
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| 17,998 |
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| Long-term liabilities: |
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| Paycheck protection program loan, less current portion |
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| 730 |
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| — |
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| Capital lease obligations, less current portion |
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| 1,466 |
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| 1,583 |
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| Total liabilities |
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| 20,999 |
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| 19,581 |
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| Stockholders' equity: |
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| Common stock, par value |
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| 11 |
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| 8 |
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| Additional paid-in capital |
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| 305,013 |
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| 297,073 |
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| Accumulated deficit |
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| (289,402) |
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| (283,258) |
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| Total stockholders' equity |
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| 15,622 |
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| 13,823 |
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| TOTAL LIABILITIES AND STOCKHOLDERS ' EQUITY |
| $ | 36,621 |
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| $ | 33,404 |
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