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

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