(2) Non-cash charges for amortization of intangibles arising from acquired assets. These charges are included in research and development expenses.
(3) Charges primarily related to legal and accounting fees incurred from the acquisition of Prism Circuits, Inc. These charges are included in selling, general and administrative expenses.
(4) Contingent earn-out compensation charges arising from the acquisition of Prism Circuits, Inc.
MOSYS, INC. | |||||||||
CONDENSED CONSOLIDATED BALANCE SHEETS | |||||||||
(in thousands, unaudited) | |||||||||
September 30, | December 31, | ||||||||
2009 | 2008 | ||||||||
Assets | |||||||||
Current assets: | |||||||||
Cash, cash equivalents and investments | $ | 31,998 | $ | 44,075 | |||||
Accounts receivable, net | 1,298 | 688 | |||||||
Unbilled contract receivables | 1,083 | 428 | |||||||
Prepaid expenses and other assets | 3,221 | 2,158 | |||||||
Total current assets | 37,600 | 47,349 | |||||||
Long-term investments | 10,671 | 23,395 | |||||||
Property and equipment, net | 1,392 | 958 | |||||||
Goodwill | 23,017 | 12,326 | |||||||
Intangible assets, net | 5,260 | - | |||||||
Other assets | 238 | 1,905 | |||||||
Total assets | $ | 78,178 | $ | 85,933 | |||||
Liabilities and Stockholders’ Equity | |||||||||
Current liabilities: | |||||||||
Accounts payable | $ | 501 | $ | 167 | |||||
Accrued expenses and other liabilities | 1,877 | 2,235 | |||||||
Accrued acquisition earn-out liability | 5,171 | - | |||||||
Accrued restructuring liabilities | 165 | 1,004 | |||||||
Deferred revenue | 1,587 | 639 | |||||||
Total current liabilities | 9,301 | 4,045 | |||||||
Long-term liabilities | 156 | - | |||||||
Stockholders' equity | 68,721 | 81,888 | |||||||
Total liabilities and stockholders’ equity | $ | 78,178 |
$ |
85,933 |