DATA I/O CORPORATION |
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CONSOLIDATED BALANCE SHEETS |
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(in thousands, except share data) |
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(UNAUDITED) |
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March 31,
|
December 31,
|
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ASSETS |
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CURRENT ASSETS: |
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Cash and cash equivalents |
$12,296 |
$14,190 |
||
Trade accounts receivable, net of allowance for |
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doubtful accounts of $73 and $89, respectively |
3,055 |
3,995 |
||
Inventories |
6,625 |
6,351 |
||
Other current assets |
817 |
737 |
||
TOTAL CURRENT ASSETS |
22,793 |
25,273 |
||
Property, plant and equipment – net |
953 |
946 |
||
Other assets |
2,742 |
2,838 |
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TOTAL ASSETS |
$26,488 |
$29,057 |
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LIABILITIES AND STOCKHOLDERS’ EQUITY |
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CURRENT LIABILITIES: |
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Accounts payable |
$1,463 |
$1,373 |
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Accrued compensation |
1,526 |
2,496 |
||
Deferred revenue |
1,466 |
1,507 |
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Other accrued liabilities |
1,439 |
1,413 |
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Income taxes payable |
3 |
- |
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TOTAL CURRENT LIABILITIES |
5,897 |
6,789 |
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| Operating lease liabilities |
2,138 |
2,277 |
||
| Long-term other payables |
193 |
138 |
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| COMMITMENTS |
- |
- |
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| STOCKHOLDERS’ EQUITY |
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| Preferred stock - |
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| Authorized, 5,000,000 shares, including |
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| 200,000 shares of Series A Junior Participating |
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| Issued and outstanding, none |
- |
- |
||
| Common stock, at stated value - |
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| Authorized, 30,000,000 shares |
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| Issued and outstanding, 8,622,369 shares as of March 31, |
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| 2022 and 8,621,007 shares as of December 31, 2021 |
21,183 |
20,886 |
||
| Accumulated earnings (deficit) |
(3,831) |
(2,011) |
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| Accumulated other comprehensive income |
908 |
978 |
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| TOTAL STOCKHOLDERS’ EQUITY |
18,260 |
19,853 |
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| TOTAL LIABILITIES AND STOCKHOLDERS’ EQUITY |
$26,488 |
$29,057 |
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