Rambus Reports Fourth Quarter and Year-End Financial Results

Press Release Financials   Rambus
    4440 El Camino Real
Los Altos, CA 94022
 
 
Condensed Consolidated Balance Sheets
(In thousands)
(Unaudited)
 
December 31, December 31,
2008 2007
 
ASSETS
 
Current assets:
Cash and cash equivalents $ 116,241 $ 119,391
Marketable securities 229,612 321,491
Accounts receivable 614 442
Unbilled receivables 889 1,478
Prepaids and other current assets 7,871 8,349
Deferred taxes   88   11,595
Total current assets   355,315   462,746
 
Restricted cash 632 2,286
Deferred taxes, long-term 1,857 116,209
Intangible assets, net 7,244 13,441
Property and equipment, net 22,290 24,587
Goodwill 4,454 4,454
Other non-current assets   4,483   3,624
Total assets $ 396,275 $ 627,347
 

LIABILITIES AND STOCKHOLDERS' EQUITY

 
Current liabilities:
Accounts payable $ 6,374 $ 11,283
Accrued payroll and related benefits 9,859 9,985
Accrued litigation expenses 14,265 26,234
Other accrued liabilities 3,201 5,894
Deferred revenue   1,787   2,756
Total current liabilities   35,486   56,152
 
Long-term liabilities:
Convertible notes 136,950 160,000
Other long-term liabilities   2,854   4,111
Total long-term liabilities   139,804   164,111
 
Total stockholders' equity:   220,985   407,084
Total liabilities and stockholders' equity $ 396,275 $ 627,347

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