MoSys, Inc. Reports Fourth Quarter and Full Year 2008 Financial

MoSys, Inc. Reports Fourth Quarter and Full Year 2008 Financial Results

MOSYS, INC.
CONDENSED CONSOLIDATED BALANCE SHEETS
(in thousands, unaudited)

				December 31,		December 31,
				2008		2007

Assets
	Current assets:
		Cash, cash equivalents and investments		$	44,075	$	64,961
		Accounts receivable, net			688		895
		Unbilled contract receivables			428		518
		Prepaid expenses and other assets			2,158		2,393
			Total current assets		47,349		68,767

	Long-term investments				23,395		13,693
	Property and equipment, net				958		1,396
	Goodwill				12,326		12,326
	Intangible assets, net				-		2,166
	Other assets				1,905		449
			Total assets	$	85,933	$	98,797


Liabilities and Stockholders’ Equity
	Current liabilities:
		Accounts payable		$	167	$	146
		Accrued expenses and other liabilities			2,235		2,158
		Accrued restructuring liabilities			1,004		-
		Deferred revenue			639		201
			Total current liabilities		4,045		2,505

	Stockholders' equity				81,888		96,292

			Total liabilities and stockholders’ equity	$	85,933	$	98,797