Immersion Corporation (IMMR) Financial Statements (2024 and earlier)

Company Profile

Business Address 2999 N. E. 191ST STREET
AVENTURA, FL 33180
State of Incorp. DE
Fiscal Year End December 31
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)

9/30/2023
Q3
6/30/2023
Q2
3/31/2023
Q1
12/31/2022
Q4
9/30/2022
Q3
6/30/2022
Q2
3/31/2022
Q1
ASSETS
Current Assets
Cash, cash equivalents, and short-term investments157,538148,404149,738133,546136,866146,490
Cash and cash equivalents25,82027,48448,82036,76757,39062,958
Short-term investments131,718120,920100,91896,77979,47683,532
Receivables2,3431,7361,2353,3431,9232,079
Prepaid expense2,2842,0331,576675835701
Contract with customer, asset, after allowance for credit loss5,7876,8377,6716,9138,52410,906
Other current assets6455100143191181
Total current assets:168,016159,065160,320144,620148,339160,357
Noncurrent Assets
Property, plant and equipment252272293362376405
Long-term investments and receivables20,24925,60417,04018,52017,14711,181
Long-term investments20,24925,60417,04018,52017,14711,181
Deposits noncurrent assets6,3044,3064,3244,4254,4514,917
Deferred income tax assets7,2177,2177,217   
Other noncurrent assets4556549163,2903,7054,001
Total noncurrent assets:34,47738,05329,79026,59725,67920,504
TOTAL ASSETS:202,493197,118190,110171,217174,018180,861
LIABILITIES AND EQUITY
Liabilities
Current Liabilities
Accounts payable and accrued liabilities1,3607922,1152,5542,327620
Employee-related liabilities1,2701,125567
Accounts payable542286147753
Accrued liabilities1,3067702,0291,2701,125 
Deferred revenue4,7664,7664,7664,7634,6494,736
Other liabilities15,73414,04612,4657,72913,60215,955
Other undisclosed current liabilities    (1,270)(1,125) 
Total current liabilities:21,86019,60419,34613,77619,45321,311
Noncurrent Liabilities
Liabilities, other than long-term debt10,59711,78513,06414,28714,82816,200
Deferred revenue10,25011,44012,62913,80814,33415,494
Other liabilities347345435479494706
Total noncurrent liabilities:10,59711,78513,06414,28714,82816,200
Total liabilities:32,45731,38932,41028,06334,28137,511
Equity
Equity, attributable to parent, including:170,036165,729157,700143,154139,737143,350
Treasury stock, value(98,999)(95,957)(95,200)(93,168)(87,790)(86,175)
Accumulated other comprehensive income (loss)875577202(57)(401)653
Accumulated deficit(54,710)(61,738)(70,016)(89,718)(97,423)(95,604)
Other undisclosed equity, attributable to parent322,870322,847322,714326,097325,351324,476
Total equity:170,036165,729157,700143,154139,737143,350
TOTAL LIABILITIES AND EQUITY:202,493197,118190,110171,217174,018180,861

Income Statement (P&L) ($ in thousands)

9/30/2023
Q3
6/30/2023
Q2
3/31/2023
Q1
12/31/2022
Q4
9/30/2022
Q3
6/30/2022
Q2
3/31/2022
Q1
Revenues6,9837,0749,16414,0067,9837,308
Gain (loss) on disposition of assets for financial service operations6,2982,386(2,721)1,8471,755(1,267)
Cost of revenue      (4)
Gross profit:6,9837,0749,16414,0067,9837,304
Operating expenses(3,870)(3,815)(3,383)(3,076)(3,877)(3,701)
Operating income:3,1133,2595,78110,9304,1063,603
Nonoperating expense   (293)   
Income from continuing operations before equity method investments, income taxes:3,1133,2595,48810,9304,1063,603
Other undisclosed income (loss) from continuing operations before income taxes6,7596,5269,251(2,348)(6,099)2,034
Income (loss) from continuing operations before income taxes:9,8729,78514,7398,582(1,993)5,637
Income tax expense (benefit)(2,844)(1,507)4,963(877)174(561)
Income (loss) from continuing operations:7,0288,27819,7027,705(1,819)5,076
Income (loss) before gain (loss) on sale of properties:7,705(1,819)5,076
Net income (loss) available to common stockholders, diluted:7,0288,27819,7027,705(1,819)5,076

Comprehensive Income ($ in thousands)

9/30/2023
Q3
6/30/2023
Q2
3/31/2023
Q1
12/31/2022
Q4
9/30/2022
Q3
6/30/2022
Q2
3/31/2022
Q1
Net income (loss):7,0288,27819,7027,705(1,819)5,076
Comprehensive income (loss):7,0288,27819,7027,705(1,819)5,076
Other undisclosed comprehensive income (loss), net of tax, attributable to parent298375259344(1,054)241
Comprehensive income (loss), net of tax, attributable to parent:7,3268,65319,9618,049(2,873)5,317

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.

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