MaxLinear, Inc (MXL) financial statements (2021 and earlier)
Company profile
| Business Address |
5966 LA PLACE CT. CARLSBAD, CA 92008 |
| State of Incorp. | |
| Fiscal Year End | December 31 |
| SIC | 3674 - Semiconductors and Related Devices (benchmarking) |
| More info | Complete financial analysis Financial benchmarking |
Balance sheet (Statement of financial position) ($ in millions)
| 12/31/2019 Q4 | 9/30/2019 Q3 | 6/30/2019 Q2 | 3/31/2019 Q1 | 12/31/2018 Q4 | 9/30/2018 Q3 | |||
|---|---|---|---|---|---|---|---|---|
| ASSETS | ||||||||
| Current Assets | ||||||||
| Cash, cash equivalents, and short-term investments | 93 | 66 | 71 | 73 | 67 | |||
| Cash and cash equivalents | 93 | 66 | 71 | 73 | 67 | |||
| Restricted cash and investments | 0 | 0 | 0 | 1 | 0 | |||
| Receivables | 50 | 56 | 60 | 59 | 59 | |||
| Inventory, net of allowances, customer advances and progress billings | 32 | 38 | 43 | 42 | 42 | |||
| Inventory | 32 | 38 | 43 | 42 | 42 | |||
| Other undisclosed current assets | 7 | 5 | 5 | 6 | 6 | |||
| Total current assets: | 182 | 165 | 179 | 181 | 174 | |||
| Noncurrent Assets | ||||||||
| Operating lease, right-of-use asset | 11 | 19 | ✕ | ✕ | ||||
| Property, plant and equipment | 17 | 15 | 17 | 18 | 19 | |||
| Intangible assets, net (including goodwill) | 426 | 441 | 469 | 483 | 500 | |||
| Goodwill | 238 | 238 | 238 | 238 | 238 | |||
| Intangible assets, net (excluding goodwill) | 188 | 202 | 231 | 245 | 262 | |||
| Restricted cash and investments | 0 | 0 | 0 | 0 | 1 | |||
| Other noncurrent assets | 3 | 3 | 4 | 5 | 5 | |||
| Deferred tax assets, net | ✕ | ✕ | ✕ | 58 | 52 | |||
| Other undisclosed noncurrent assets | 67 | 64 | 22 | 43 | ||||
| Total noncurrent assets: | 524 | 542 | 570 | 558 | 568 | |||
| TOTAL ASSETS: | 706 | 707 | 749 | 739 | 742 | |||
| LIABILITIES AND EQUITY | ||||||||
| Liabilities | ||||||||
| Current Liabilities | ||||||||
| Accounts payable and accrued liabilities | 54 | 49 | 55 | 54 | 52 | |||
| Accounts payable | 13 | 14 | 13 | 16 | 12 | |||
| Accrued liabilities | 31 | 27 | 33 | 24 | 27 | |||
| Employee-related liabilities | 9 | 9 | 9 | 15 | 13 | |||
| Deferred compensation liability | 9 | |||||||
| Derivative instruments and hedges, liabilities | 0 | |||||||
| Other undisclosed current liabilities | 13 | 14 | 19 | 8 | 14 | |||
| Total current liabilities: | 67 | 63 | 73 | 71 | 66 | |||
| Noncurrent Liabilities | ||||||||
| Long-term debt and lease obligation | 216 | 222 | 241 | 256 | 270 | |||
| Long-term debt, excluding current maturities | 207 | 207 | 241 | 256 | 270 | |||
| Operating lease, liability | 9 | 15 | ✕ | ✕ | ||||
| Liabilities, other than long-term debt | 8 | 9 | 8 | 13 | 13 | |||
| Deferred rent credit | 4 | 5 | ||||||
| Other liabilities | 8 | 9 | 8 | 8 | 8 | |||
| Other undisclosed noncurrent liabilities | 18 | |||||||
| Total noncurrent liabilities: | 224 | 230 | 267 | 268 | 283 | |||
| Total liabilities: | 291 | 293 | 341 | 339 | 350 | |||
| Stockholders' equity | ||||||||
| Stockholders' equity attributable to parent | 415 | 413 | 408 | 400 | 392 | |||
| Common stock | 0 | 0 | 0 | 0 | 0 | |||
| Additional paid in capital | 530 | 520 | 507 | 493 | 485 | |||
| Accumulated other comprehensive income (loss) | (1) | (1) | 0 | 0 | 1 | |||
| Accumulated deficit | (114) | (106) | (99) | (94) | (94) | |||
| Total stockholders' equity: | 415 | 413 | 408 | 400 | 392 | |||
| TOTAL LIABILITIES AND EQUITY: | 706 | 707 | 749 | 739 | 742 | |||
Income statement (P&L) ($ in millions)
| 12/31/2019 Q4 | 9/30/2019 Q3 | 6/30/2019 Q2 | 3/31/2019 Q1 | 12/31/2018 Q4 | 9/30/2018 Q3 | ||
|---|---|---|---|---|---|---|---|
| Revenues | 70 | 80 | 85 | 88 | 85 | ||
| Cost of revenue | (33) | (38) | (40) | (42) | (41) | ||
| Gross profit: | 37 | 42 | 45 | 46 | 44 | ||
| Operating expenses | (45) | (45) | (53) | (57) | (56) | ||
| Operating loss: | (8) | (3) | (8) | (11) | (13) | ||
| Nonoperating expense | (3) | (1) | (3) | (3) | (3) | ||
| Investment income, nonoperating | 0 | 0 | 0 | 0 | 0 | ||
| Other nonoperating income (expense) | (0) | 1 | (1) | 0 | 0 | ||
| Interest and debt expense | (3) | (3) | (3) | (3) | (3) | ||
| Other undisclosed income from continuing operations before equity method investments, income taxes | 3 | 3 | 3 | 3 | 3 | ||
| Loss from continuing operations before income taxes: | (11) | (5) | (11) | (14) | (16) | ||
| Income tax benefit | 3 | 0 | 6 | 14 | 2 | ||
| Net income (loss) available to common stockholders, diluted: | (8) | (5) | (5) | 0 | (14) | ||
Comprehensive Income ($ in millions)
| 12/31/2019 Q4 | 9/30/2019 Q3 | 6/30/2019 Q2 | 3/31/2019 Q1 | 12/31/2018 Q4 | 9/30/2018 Q3 | ||
|---|---|---|---|---|---|---|---|
| Net income (loss): | (8) | (5) | (5) | 0 | (14) | ||
| Other comprehensive income (loss) | (1) | (1) | 0 | (1) | (0) | ||
| Comprehensive loss: | (9) | (5) | (5) | (0) | (14) | ||
| Other undisclosed comprehensive income (loss), net of tax, attributable to parent | 1 | (0) | (0) | ||||
| Comprehensive loss, net of tax, attributable to parent: | (8) | (5) | (5) | (1) | (14) | ||
Statements sources
The financial statements are based on the company's filings with the 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.