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