Arteris, Inc. (AIP) Financial Statements (2025 and earlier)
Company Profile
| Business Address |
900 E. HAMILTON AVE, SUITE 300 CAMPBELL, CA 95008 |
| State of Incorp. | DE |
| Fiscal Year End | December 31 |
| Industry (SIC) | 3674 - Semiconductors and Related Devices (benchmarking) |
| More info | Complete Financial Analysis Financial Benchmarking |
Balance Sheet (Statement of Financial Position) ($ in thousands)
| 12/31/2024 | 12/31/2023 | 12/31/2022 | 12/31/2021 | |||
|---|---|---|---|---|---|---|
| ASSETS | ||||||
| Current Assets | ||||||
| Cash, cash equivalents, and short-term investments | 41,173 | 68,151 | 85,825 | |||
| Cash and cash equivalent | 13,696 | 37,423 | 85,825 | |||
| Short-term investments | 27,477 | 30,728 | ||||
| Restricted cash and investments | ||||||
| Receivables | 12,313 | 7,143 | 13,873 | |||
| Prepaid expense | 1,467 | 1,822 | 3,638 | |||
| Contract with customer, asset, after allowance for credit loss | 312 | 669 | 634 | |||
| Capitalized contract cost | 2,408 | 2,636 | 2,289 | |||
| Other undisclosed current assets | 757 | 691 | 388 | |||
| Total current assets: | 58,430 | 81,112 | 106,647 | |||
| Noncurrent Assets | ||||||
| Operating lease, right-of-use asset | 4,289 | 1,883 | 2,765 | |||
| Property, plant and equipment | 5,745 | 3,617 | 2,438 | |||
| Long-term investments and receivables | 11,802 | 4,427 | ||||
| Long-term investments | 11,802 | 4,427 | ||||
| Intangible assets, net (including goodwill) | 8,036 | 8,793 | 5,636 | |||
| Goodwill | 4,178 | 4,218 | 2,677 | |||
| Intangible assets, net (excluding goodwill) | 3,858 | 4,575 | 2,959 | |||
| Capitalized contract cost, net | 1,353 | 1,535 | ||||
| Restricted cash and investments | 388 | |||||
| Other noncurrent assets | 5,999 | 3,787 | 2,957 | |||
| Other undisclosed noncurrent assets | 6,759 | 10,362 | ||||
| Total noncurrent assets: | 44,371 | 34,404 | 13,796 | |||
| TOTAL ASSETS: | 102,801 | 115,516 | 120,443 | |||
| LIABILITIES AND EQUITY | ||||||
| Liabilities | ||||||
| Current Liabilities | ||||||
| Accounts payable and accrued liabilities | 1,684 | 1,610 | 4,011 | |||
| Accounts payable | 183 | 572 | 1,722 | |||
| Accrued liabilities | 1,501 | 1,038 | 2,289 | |||
| Deferred revenue | 32,719 | 30,018 | 28,403 | |||
| Customer refund liability | 333 | |||||
| Business combination, contingent consideration, liability | 1,696 | 1,668 | ||||
| Other undisclosed current liabilities | 11,666 | 10,345 | 8,410 | |||
| Total current liabilities: | 46,402 | 43,669 | 42,492 | |||
| Noncurrent Liabilities | ||||||
| Long-term debt and lease obligation: | 1,851 | |||||
| Liabilities, other than long-term debt | 40,004 | 33,864 | 22,930 | |||
| Deferred revenue | 33,982 | 31,833 | 20,773 | |||
| Other liabilities | 2,412 | 1,022 | 2,157 | |||
| Operating lease, liability | 3,610 | 1,009 | 1,851 | |||
| Other undisclosed noncurrent liabilities | 1,292 | 448 | 266 | |||
| Total noncurrent liabilities: | 41,296 | 34,312 | 25,047 | |||
| Total liabilities: | 87,698 | 77,981 | 67,539 | |||
| Equity | ||||||
| Equity, attributable to parent | 15,103 | 37,535 | 52,904 | |||
| Common stock | 37 | 34 | 31 | |||
| Additional paid in capital | 118,193 | 103,778 | 91,945 | |||
| Accumulated other comprehensive income (loss) | 120 | 101 | (81) | |||
| Accumulated deficit | (103,247) | (66,378) | (38,991) | |||
| Total equity: | 15,103 | 37,535 | 52,904 | |||
| TOTAL LIABILITIES AND EQUITY: | 102,801 | 115,516 | 120,443 | |||
Income Statement (P&L) ($ in thousands)
| 12/31/2024 | 12/31/2023 | 12/31/2022 | 12/31/2021 | ||
|---|---|---|---|---|---|
| Revenues | 53,666 | 50,378 | 37,864 | ||
| Cost of revenue (Cost of Product and Service Sold) | (5,077) | (4,281) | (3,731) | ||
| Gross profit: | 48,589 | 46,097 | 34,133 | ||
| Operating expenses | (83,731) | (74,953) | (55,898) | ||
| Operating loss: | (35,142) | (28,856) | (21,765) | ||
| Nonoperating income (expense) | 3,558 | 1,425 | (589) | ||
| Interest and debt expense | (211) | (89) | 10 | ||
| Loss from continuing operations before equity method investments, income taxes: | (31,795) | (27,520) | (22,344) | ||
| Loss from equity method investments | (3,397) | (284) | |||
| Loss from continuing operations before income taxes: | (35,192) | (27,804) | (22,344) | ||
| Income tax expense (benefit) | (1,677) | 417 | (1,040) | ||
| Loss from continuing operations: | (36,869) | (27,387) | (23,384) | ||
| Loss before gain (loss) on sale of properties: | ✕ | ✕ | ✕ | (23,384) | |
| Net loss available to common stockholders, diluted: | (36,869) | (27,387) | (23,384) | ||
Comprehensive Income ($ in thousands)
| 12/31/2024 | 12/31/2023 | 12/31/2022 | 12/31/2021 | ||
|---|---|---|---|---|---|
| Net loss: | (36,869) | (27,387) | (23,384) | ||
| Comprehensive loss: | (36,869) | (27,387) | (23,384) | ||
| Other undisclosed comprehensive income (loss), net of tax, attributable to parent | 19 | 182 | (50) | ||
| Comprehensive loss, net of tax, attributable to parent: | (36,850) | (27,205) | (23,434) | ||
Statements Sources
The financial statements are based on the Company's filings with the U.S. Securities and Exchange Commission (SEC) through the Electronic Data Gathering, Analysis, and Retrieval system (EDGAR). The information is derived from the 10-K and 10-Q reports submitted to the SEC in XBRL (eXtensible Business Reporting Language) format and presented according to the US GAAP Taxonomy. Please review the original filings for a more detailed information.