MoSys, Inc. Reports Fourth Quarter and 2011 Financial Results
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MOSYS, INC.
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CONDENSED CONSOLIDATED BALANCE SHEETS
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(in thousands, unaudited)
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December 31,
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2011
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2010
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Assets
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Current assets:
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Cash, cash equivalents and investments
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$
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49,438
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$
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29,351
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Accounts receivable, net
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969
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1,079
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Unbilled contract receivables
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74
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202
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Prepaid expenses and other assets
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1,522
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3,377
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Total current assets
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52,003
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34,009
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Long-term investments
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8,537
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8,193
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Property and equipment, net
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1,382
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2,160
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Goodwill
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23,134
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23,134
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Intangible assets, net
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4,400
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6,238
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Other assets
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181
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232
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Total assets
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$
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89,637
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$
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73,966
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Liabilities and Stockholders’ Equity
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Current liabilities:
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Accounts payable
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$
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336
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$
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839
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Accrued expenses and other liabilities
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2,779
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2,623
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Accrued acquisition-related earn-out
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-
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1,500
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Deferred revenue
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920
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1,801
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Total current liabilities
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4,035
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6,763
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Long-term liabilities
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109
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146
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Stockholders' equity
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85,493
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67,057
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Total liabilities and stockholders’ equity
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$
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89,637
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$
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73,966
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