Immersion Corporation (IMMR) Financial Statements (2025 and earlier)
Company Profile
| Business Address |
2999 N. E. 191ST STREET AVENTURA, FL 33180 |
| State of Incorp. | DE |
| Fiscal Year End | April 30 |
| Industry (SIC) | 3577 - Computer Peripheral Equipment, Not Elsewhere Classified (benchmarking) |
| More info | Complete Financial Analysis Financial Benchmarking |
Balance Sheet (Statement of Financial Position) ($ in thousands)
| 10/31/2024 MRQ | 12/31/2023 | 12/31/2022 | 12/31/2021 | 12/31/2020 | 12/31/2019 | 12/31/2018 | |||
|---|---|---|---|---|---|---|---|---|---|
| ASSETS | |||||||||
| Current Assets | |||||||||
| Cash, cash equivalents, and short-term investments | 160,362 | 149,738 | 137,921 | 59,522 | 89,497 | 124,918 | |||
| Cash and cash equivalents | 56,071 | 48,820 | 51,490 | 59,522 | 86,478 | 110,988 | |||
| Short-term investments | 104,291 | 100,918 | 86,431 | 3,019 | 13,930 | ||||
| Receivables | 2,241 | 1,235 | 1,970 | 2,218 | 2,972 | 645 | |||
| Prepaid expense | 1,916 | 1,576 | 798 | 816 | |||||
| Contract with customer, asset, after allowance for credit loss | 7,740 | 7,671 | 12,448 | 11,623 | 13,100 | 9,000 | |||
| Other current assets | 191 | 100 | 186 | 171 | |||||
| Other undisclosed current assets | 1,391 | 1,262 | |||||||
| Total current assets: | 172,450 | 160,320 | 153,323 | 74,350 | 106,960 | 135,825 | |||
| Noncurrent Assets | |||||||||
| Property, plant and equipment | 211 | 293 | 444 | 209 | 1,226 | 2,343 | |||
| Long-term investments and receivables | 33,350 | 17,040 | |||||||
| Long-term investments | 33,350 | 17,040 | |||||||
| Contract with customer, asset, after allowance for credit loss | 7,200 | ||||||||
| Deposits noncurrent assets | 6,231 | 4,324 | 9,658 | 12,571 | |||||
| Deferred income tax assets | 3,343 | 7,217 | ✕ | ||||||
| Other noncurrent assets | 146 | 916 | 12,095 | 9,000 | 16,662 | ||||
| Other undisclosed noncurrent assets | 627 | ||||||||
| Total noncurrent assets: | 43,281 | 29,790 | 22,197 | 21,780 | 17,888 | 10,170 | |||
| TOTAL ASSETS: | 215,731 | 190,110 | 175,520 | 96,130 | 124,848 | 145,995 | |||
| LIABILITIES AND EQUITY | |||||||||
| Liabilities | |||||||||
| Current Liabilities | |||||||||
| Accounts payable and accrued liabilities | 3,174 | 2,115 | 557 | 1,150 | 3,653 | 7,560 | |||
| Employee-related liabilities | ✕ | ✕ | ✕ | 555 | 1,001 | 2,844 | 3,948 | ||
| Accounts payable | 47 | 86 | 2 | 149 | 809 | 3,612 | |||
| Accrued liabilities | 3,127 | 2,029 | |||||||
| Deferred revenue | 4,239 | 4,766 | 4,826 | 5,173 | 4,692 | ✕ | |||
| Other liabilities | 11,900 | 12,465 | 11,247 | 2,457 | 3,478 | 3,194 | |||
| Contract with customer, liability | ✕ | ✕ | ✕ | ✕ | ✕ | ✕ | 4,591 | ||
| Other undisclosed current liabilities | |||||||||
| Total current liabilities: | 19,313 | 19,346 | 16,630 | 8,780 | 11,823 | 15,345 | |||
| Noncurrent Liabilities | |||||||||
| Liabilities, other than long-term debt | 13,316 | 13,064 | 17,595 | 23,369 | 29,268 | 30,990 | |||
| Deferred revenue | 8,390 | 12,629 | 16,699 | 21,334 | 25,952 | ✕ | |||
| Contract with customer, liability | ✕ | ✕ | ✕ | ✕ | ✕ | ✕ | 30,203 | ||
| Other liabilities | 4,926 | 435 | 896 | 2,035 | 3,316 | 787 | |||
| Other undisclosed noncurrent liabilities | |||||||||
| Total noncurrent liabilities: | 13,316 | 13,064 | 17,595 | 23,369 | 29,268 | 30,990 | |||
| Total liabilities: | 32,629 | 32,410 | 34,225 | 32,149 | 41,091 | 46,335 | |||
| Equity | |||||||||
| Equity, attributable to parent, including: | 183,102 | 157,700 | 141,295 | 63,981 | 83,757 | 99,660 | |||
| Common stock | |||||||||
| Treasury stock, value | (104,742) | (95,200) | (81,733) | (81,733) | (51,091) | (48,350) | |||
| Additional paid in capital | |||||||||
| Accumulated other comprehensive income | 1,702 | 202 | 412 | 122 | 124 | 116 | |||
| Retained earnings (accumulated deficit) | (36,040) | (70,016) | (100,680) | (113,164) | (118,565) | (98,521) | |||
| Other undisclosed equity, attributable to parent | 322,182 | 322,714 | 323,296 | 258,756 | 253,289 | 246,415 | |||
| Equity, attributable to noncontrolling interest | |||||||||
| Total equity: | 183,102 | 157,700 | 141,295 | 63,981 | 83,757 | 99,660 | |||
| TOTAL LIABILITIES AND EQUITY: | 215,731 | 190,110 | 175,520 | 96,130 | 124,848 | 145,995 | |||
Income Statement (P&L) ($ in thousands)
| 10/31/2024 TTM | 12/31/2023 | 12/31/2022 | 12/31/2021 | 12/31/2020 | 12/31/2019 | 12/31/2018 | ||
|---|---|---|---|---|---|---|---|---|
| Revenues | 33,919 | 38,461 | 35,089 | 30,456 | 35,953 | 110,979 | ||
| Gain (loss) on disposition of assets for financial service operations | 5,420 | 2,142 | (1,467) | |||||
| Cost of revenue | (4) | (88) | (168) | (170) | (218) | |||
| Gross profit: | 33,919 | 38,457 | 35,001 | 30,288 | 35,783 | 110,761 | ||
| Operating expenses | (15,992) | (14,037) | (17,226) | (28,068) | (57,234) | |||
| Other undisclosed operating loss | (57,660) | |||||||
| Operating income (loss): | 17,927 | 24,420 | 17,775 | 2,220 | (21,451) | 53,101 | ||
| Nonoperating income (expense) | (293) | (1,729) | 668 | 91 | 1,634 | |||
| Investment income, nonoperating | 1,778 | |||||||
| Other nonoperating income (expense) | (1,729) | 668 | 91 | (198) | ||||
| Interest and debt expense | ||||||||
| Income (loss) from continuing operations before equity method investments, income taxes: | 17,927 | 24,127 | 16,046 | 2,888 | (21,360) | 54,735 | ||
| Other undisclosed income from continuing operations before income taxes | 24,988 | 2,838 | 1,244 | 271 | 1,787 | |||
| Income (loss) from continuing operations before income taxes: | 42,915 | 26,965 | 17,290 | 3,159 | (19,573) | 54,735 | ||
| Income tax expense (benefit) | (8,939) | 3,699 | (4,806) | 2,242 | (471) | (392) | ||
| Income (loss) from continuing operations: | 33,976 | 30,664 | 12,484 | 5,401 | (20,044) | 54,343 | ||
| Income (loss) before gain (loss) on sale of properties: | ✕ | ✕ | ✕ | 12,484 | 5,401 | (20,044) | 54,343 | |
| Net income (loss): | 33,976 | 30,664 | 12,484 | 5,401 | (20,044) | 54,343 | ||
| Net loss attributable to noncontrolling interest | ||||||||
| Net income (loss) available to common stockholders, diluted: | 33,976 | 30,664 | 12,484 | 5,401 | (20,044) | 54,343 | ||
Comprehensive Income ($ in thousands)
| 10/31/2024 TTM | 12/31/2023 | 12/31/2022 | 12/31/2021 | 12/31/2020 | 12/31/2019 | 12/31/2018 | ||
|---|---|---|---|---|---|---|---|---|
| Net income (loss): | 33,976 | 30,664 | 12,484 | 5,401 | (20,044) | 54,343 | ||
| Other undisclosed comprehensive loss | ||||||||
| Comprehensive income (loss): | 33,976 | 30,664 | 12,484 | 5,401 | (20,044) | 54,343 | ||
| Comprehensive loss, net of tax, attributable to noncontrolling interest | ||||||||
| Other undisclosed comprehensive income (loss), net of tax, attributable to parent | 1,500 | (210) | 290 | (2) | 8 | 17 | ||
| Comprehensive income (loss), net of tax, attributable to parent: | 35,476 | 30,454 | 12,774 | 5,399 | (20,036) | 54,360 | ||
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.