Innoviz Technologies Reports First Quarter 2022 Financial Results

 

 

 

INNOVIZ TECHNOLOGIES LTD. AND ITS SUBSIDIARIES

CONSOLIDATED BALANCE SHEETS

U.S. dollars in thousands 



March 31,


December 31,




2022


2021


ASSETS


(Unaudited)




 CURRENT ASSETS:






   Cash and cash equivalents

$

19,636

$

23,640


   Short term deposits


205,810


230,483


   Marketable securities


15,180


11,607


   Restricted cash


882


901


   Trade receivables


1,104


513


   Inventory


4,616


4,256


   Prepaid expenses and other current assets


2,967


3,029


Total current assets


250,195


274,429








LONG-TERM ASSETS:






  Marketable securities


34,120


38,289


  Property and equipment, net


13,762


14,502


  Operating lease right-of-use assets, net


28,385


-


Total long-term assets


76,267


52,791








Total assets

$

326,462

$

327,220








LIABILITIES AND SHAREHOLDERS' EQUITY












CURRENT LIABILITIES:






  Trade payables

$

5,374

$

5,764


   Advances from customers and deferred revenues


175


196


   Employees and payroll accruals


9,167


8,997


   Accrued expenses and other current liabilities


3,948


6,708


   Operating lease liabilities


1,209


-


Total current liabilities


19,873


21,665








LONG-TERM LIABILITIES:












   Advances from customers and deferred revenues


4,622


4,517


   Other liabilities


-


597


   Operating lease liabilities


27,862


-


   Warrants liability


701


1,639


Total long-term liabilities


33,185


6,753








SHAREHOLDERS' EQUITY:






   Ordinary Shares of no-par value


-


-


   Additional paid-in capital


688,594


683,764


   Accumulated deficit


(415,190)


(384,962)


Total shareholders' equity


273,404


298,802


Total liabilities and shareholders' equity

$

326,462

$

327,220









« Previous Page 1 | 2 | 3 | 4 | 5  Next Page »



© 2024 Internet Business Systems, Inc.
670 Aberdeen Way, Milpitas, CA 95035
+1 (408) 882-6554 — Contact Us
ShareCG™ is a trademark of Internet Business Systems, Inc.

Report a Bug Report Abuse Make a Suggestion About Privacy Policy Contact Us User Agreement Advertise