MoSys, Inc. Reports First Quarter 2009 Financial Results

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

	March 31,		December 31,
	2009		2008

Assets
Current assets:
Cash, cash equivalents and investments	$	37,003	$	44,075
Accounts receivable, net		445		688
Unbilled contract receivables		38		428
Prepaid expenses and other assets		2,332		2,158
Total current assets		39,818		47,349

Long-term investments		24,972		23,395
Property and equipment, net		1,081		958
Goodwill		12,326		12,326
Other assets		1,616		1,905
Total assets	$	79,813	$	85,933


Liabilities and Stockholders’ Equity
Current liabilities:
Accounts payable	$	515	$	167
Accrued expenses and other liabilities		1,558		2,235
Accrued restructuring liabilities		270		1,004
Deferred revenue		275		639
Total current liabilities		2,618		4,045

Stockholders' equity		77,195		81,888

Total liabilities and stockholders’ equity	$	79,813	$	85,933