MoSys, Inc. Reports Fourth Quarter and 2010 Financial Results



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

	December 31,		December 31,
	2010		2009 (1)

Assets
Current assets:
Cash, cash equivalents and investments	$	29,351	$	31,338
Accounts receivable, net		1,079		739
Unbilled contract receivables		202		1,022
Prepaid expenses and other assets		3,377		3,235
Total current assets		34,009		36,334

Long-term investments		8,193		9,098
Property and equipment, net		2,160		1,561
Goodwill		23,134		22,787
Intangible assets, net		6,238		4,616
Other assets		232		1,147
Total assets	$	73,966	$	75,543

Liabilities and Stockholders’ Equity
Current liabilities:
Accounts payable	$	839	$	514
Accrued expenses and other liabilities		2,623		1,862
Accrued acquisition-related costs		1,500		5,659
Deferred revenue		1,801		2,671
Total current liabilities		6,763		10,706

Long-term liabilities		146		136

Stockholders' equity		67,057		64,701

Total liabilities and stockholders’ equity	$	73,966	$	75,543