|
QUICKLOGIC CORPORATION | |||||||
|
CONDENSED CONSOLIDATED BALANCE SHEETS | |||||||
|
(in thousands) | |||||||
|
(Unaudited) | |||||||
|
| |||||||
|
|
April 1, 2018 |
|
December 31, 2017 (1) | ||||
|
ASSETS |
|
|
| ||||
|
Current assets: |
|
|
| ||||
|
Cash and cash equivalents |
$ |
12,561 |
|
|
$ |
16,527 |
|
|
Accounts receivable, net |
1,254 |
|
|
925 |
| ||
|
Inventories |
3,550 |
|
|
3,559 |
| ||
|
Other current assets |
1,426 |
|
|
997 |
| ||
|
Total current assets |
18,791 |
|
|
22,008 |
| ||
|
Property and equipment, net |
2,117 |
|
|
2,375 |
| ||
|
Other assets |
255 |
|
|
253 |
| ||
|
TOTAL ASSETS |
$ |
21,163 |
|
|
$ |
24,636 |
|
|
LIABILITIES AND STOCKHOLDERS' EQUITY |
|
|
| ||||
|
Current liabilities: |
|
|
| ||||
|
Revolving line of credit |
$ |
6,000 |
|
|
$ |
6,000 |
|
|
Trade payables |
1,292 |
|
|
1,437 |
| ||
|
Accrued liabilities |
1,982 |
|
|
1,653 |
| ||
|
Current portion of capital lease obligations |
296 |
|
|
299 |
| ||
|
Total current liabilities |
9,570 |
|
|
9,389 |
| ||
|
Long-term liabilities: |
|
|
| ||||
|
Capital lease obligations, less current portion |
235 |
|
|
355 |
| ||
|
Other long-term liabilities |
65 |
|
|
14 |
| ||
|
Total liabilities |
9,870 |
|
|
9,758 |
| ||
|
Stockholders' equity: |
|
|
| ||||
|
Common stock, par value |
80 |
|
|
80 |
| ||
|
Additional paid-in capital |
269,218 |
|
|
268,833 |
| ||
|
Accumulated deficit |
(258,005) |
|
|
(254,035) |
| ||
|
Total stockholders' equity |
11,293 |
|
|
14,878 |
| ||
|
TOTAL LIABILITIES AND STOCKHOLDERS' EQUITY |
$ |
21,163 |
|
|
$ |
24,636 |
|
|
________________________ | |
|
(1) |
Derived from the December 31, 2017 audited balance sheet included in the 2017 Annual Report on Form 10-K of QuickLogic Corporation. |
