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

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