MoSys, Inc. Reports First Quarter 2014 Financial Results

 
MOSYS, INC.
CONDENSED CONSOLIDATED BALANCE SHEETS
(in thousands, unaudited)
               
March 31, December 31,
  2014         2013
 
Assets
Current assets:
Cash, cash equivalents and investments $ 34,852 $ 36,556
Accounts receivable, net 353 148
Inventory 924 567
Prepaid expenses and other assets   1,052         1,104
Total current assets 37,181 38,375
 
Long-term investments 10,824 13,926
Property and equipment, net 697 706
Goodwill 23,134 23,134
Intangible assets, net 1,405 1,655
Other assets   204         193
Total assets $ 73,445       $ 77,989
 
Liabilities and Stockholders’ Equity
Current liabilities:
Accounts payable $ 825 $ 276
Accrued expenses and other liabilities 1,845 1,909
Deferred revenue   155         170
Total current liabilities 2,825 2,355
 
Long-term liabilities 224 216
 
Stockholders' equity 70,396 75,418
         
Total liabilities and stockholders’ equity $ 73,445       $ 77,989

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