|
QUICKLOGIC CORPORATION | ||||||||
|
CONDENSED CONSOLIDATED BALANCE SHEETS | ||||||||
|
(in thousands) | ||||||||
|
(Unaudited) | ||||||||
|
| ||||||||
|
|
|
December 31, 2017 |
|
January 1, 2017 (1) | ||||
|
ASSETS |
|
|
|
| ||||
|
Current assets: |
|
|
|
| ||||
|
Cash and cash equivalents |
|
$ |
16,527 |
|
|
$ |
14,870 |
|
|
Accounts receivable, net |
|
925 |
|
|
839 |
| ||
|
Inventories |
|
3,559 |
|
|
2,017 |
| ||
|
Other current assets |
|
997 |
|
|
1,123 |
| ||
|
Total current assets |
|
22,008 |
|
|
18,849 |
| ||
|
Property and equipment, net |
|
2,375 |
|
|
2,765 |
| ||
|
Other assets |
|
253 |
|
|
230 |
| ||
|
TOTAL ASSETS |
|
$ |
24,636 |
|
|
$ |
21,844 |
|
|
LIABILITIES AND STOCKHOLDERS' EQUITY |
|
|
|
| ||||
|
Current liabilities: |
|
|
|
| ||||
|
Revolving line of credit |
|
$ |
6,000 |
|
|
$ |
6,000 |
|
|
Trade payables |
|
1,437 |
|
|
2,018 |
| ||
|
Accrued liabilities |
|
1,653 |
|
|
1,580 |
| ||
|
Current portion of capital lease obligations |
|
299 |
|
|
209 |
| ||
|
Total current liabilities |
|
9,389 |
|
|
9,807 |
| ||
|
Long-term liabilities: |
|
|
|
| ||||
|
Capital lease obligations, less current portion |
|
355 |
|
|
— |
| ||
|
Other long-term liabilities |
|
14 |
|
|
49 |
| ||
|
Total liabilities |
|
9,758 |
|
|
9,856 |
| ||
|
Stockholders' equity: |
|
|
|
| ||||
|
Common stock, par value |
|
80 |
|
|
68 |
| ||
|
Additional paid-in capital |
|
268,833 |
|
|
251,824 |
| ||
|
Accumulated deficit |
|
(254,035) |
|
|
(239,904) |
| ||
|
Total stockholders' equity |
|
14,878 |
|
|
11,988 |
| ||
|
TOTAL LIABILITIES AND STOCKHOLDERS' EQUITY |
|
$ |
24,636 |
|
|
$ |
21,844 |
|
|
|
|
|
|
|
|
|
(1) |
Derived from the January 1, 2017 audited balance sheet included in the 2016 Annual Report on Form 10-K of QuickLogic Corporation. | ||||
