™ layout patterns for standard cell libraries optimize area, performance, and manufacturability for designing IC products. The Exensio^® platform for big data unlocks relevant, actionable information buried in wafer fabrication, process control and test data through key components: Exensio^® -Yield, Exensio^® -Control, Exensio^® -Test, Exensio^® -ALPS, and Exensio^® -Char. The Exensio^® platform is available either on-premise or via software as a service (SaaS).

Headquartered in San Jose, Calif., PDF Solutions operates worldwide with additional offices in Canada, China, France, Germany, Italy, Japan, Korea, and Taiwan. PDF Solutions is listed on The NASDAQ National Market under the ticker symbol PDFS. For the Company’s latest news and information, visit http://www.pdf.com/.

Characterization Vehicle, CV, Exensio, eProbe, PDF Solutions, and the PDF Solutions logo are registered trademarks of PDF Solutions, Inc. or its subsidiaries. ALPS, Design-for-Inspection, DFI, and Template are trademarks of PDF Solutions, Inc. or its subsidiaries.

PDF SOLUTIONS, INC.
CONDENSED CONSOLIDATED BALANCE SHEETS (UNAUDITED)
(In thousands)
					December 31,					December 31,
					2017					2016
ASSETS
Current assets:
Cash and cash equivalents				$	101,267				$	116,787
Accounts receivable, net					57,564					48,157
Prepaid expenses and other current assets					5,069					5,335
Total current assets					163,900					170,279
Property and equipment, net					25,386					19,341
Goodwill					1,923					215
Intangible assets, net					6,074					4,223
Deferred tax assets					16,348					15,640
Other non-current assets					10,545					12,631
Total assets				$	224,176				$	222,329
LIABILITIES AND STOCKHOLDERS’ EQUITY
Current liabilities:
Accounts payable				$	2,536				$	2,206
Accrued compensation and related benefits					6,493					5,959
Accrued and other current liabilities					2,628					2,080
Deferred revenues - current portion					8,115					8,189
Billings in excess of recognized revenue					-					88
Total current liabilities					19,772					18,522
Long-term income taxes payable					3,902					3,354
Other non-current liabilities					2,134					1,650
Total liabilities					25,808					23,526
Stockholders’ equity:
Common stock and additional paid-in-capital					297,955					281,428
Treasury stock at cost					(71,793	)				(54,882	)
Accumulated deficit					(27,089	)				(25,752	)
Accumulated other comprehensive loss					(705	)				(1,991	)
Total stockholders’ equity					198,368					198,803
Total liabilities and stockholders’ equity				$	224,176				$	222,329

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