PDF Solutions Inc. (PDFS) Financial Statements (2025 and earlier)

Company Profile

Business Address 2858 DE LA CRUZ BOULEVARD
SANTA CLARA, CA 95050
State of Incorp. DE
Fiscal Year End December 31
Industry (SIC) 7372 - Prepackaged Software (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
12/31/2020
12/31/2019
12/31/2018
ASSETS
Current Assets
Cash, cash equivalents, and short-term investments135,522139,181140,226145,29697,60596,089
Cash and cash equivalent98,978119,62427,68430,31597,60596,089
Short-term investments36,54419,557112,542114,981  
Receivables44,90442,16440,08741,34048,05151,570
Contract with customer, asset, after allowance for credit loss      
Capitalized contract cost      
Other undisclosed current assets17,42212,0638,1946,7441,9209,562
Total current assets:197,848193,408188,507193,380147,576157,221
Noncurrent Assets
Operating lease, right-of-use asset4,9266,0025,4086,6727,609
Property, plant and equipment37,33840,17435,29539,24240,79835,681
Intangible assets, net (including goodwill)30,64932,17835,36240,3478,5146,987
Goodwill15,02914,12314,12315,7742,2931,923
Intangible assets, net (excluding goodwill)15,62018,05521,23924,5736,2215,064
Deferred income tax assets157647524925,327
Other noncurrent assets19,2186,8459,1217,6909,7206,972
Deferred tax assets, net19,044
Total noncurrent assets:92,28885,26385,26194,20091,96868,684
TOTAL ASSETS:290,136278,671273,768287,580239,544225,905
LIABILITIES AND EQUITY
Liabilities
Current Liabilities
Accounts payable and accrued liabilities, including:7,19411,96918,37719,04714,37310,416
Employee-related liabilities9,4958,3395,0724,727
Accounts payable2,5616,3885,5544,3997,6362,454
Accrued liabilities4,6335,5813,3286,3091,6653,235
Other undisclosed accounts payable and accrued liabilities      
Deferred revenue25,75026,01923,69119,89510,639
Debt     1,867 
Contract with customer, liability8,477
Other undisclosed current liabilities17,89920,2121,7583,2631,117635
Total current liabilities:50,84358,20043,82642,20527,99619,528
Noncurrent Liabilities
Long-term debt and lease obligation:   5,2586,5167,677 
Liabilities, other than long-term debt10,34710,4595,0994,3537,7146,582
Accounts payable and accrued liabilities2,9722,6222,6562,9565,3683,751
Deferred revenue  1,905   
Other liabilities2,718 2,4431,3972,3462,831
Operating lease, liability4,6575,9325,2586,5167,677
Total noncurrent liabilities:10,34710,45910,35710,86915,3916,582
Total liabilities:61,19068,65954,18353,07443,38726,110
Equity
Equity, attributable to parent228,946210,012219,585234,506196,157199,795
Common stock666655
Treasury stock, value(143,923)(133,709)(104,705)(96,215)(91,695)(79,142)
Additional paid in capital473,295447,415423,069407,173325,197310,660
Accumulated other comprehensive loss(2,387)(2,550)(1,064)(225)(1,480)(1,276)
Accumulated deficit(98,045)(101,150)(97,721)(76,233)(35,870)(30,452)
Total equity:228,946210,012219,585234,506196,157199,795
TOTAL LIABILITIES AND EQUITY:290,136278,671273,768287,580239,544225,905

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

12/31/2024
12/31/2023
12/31/2022
12/31/2021
12/31/2020
12/31/2019
12/31/2018
Revenues165,835148,549111,06088,04685,58585,794
Cost of revenue(51,749)(47,907)(44,193)(36,765)(33,474) 
Cost of product and service sold     (33,474) 
Other undisclosed gross profit      (42,803)
Gross profit:114,086100,64266,86751,28152,11142,991
Operating expenses(114,237)(101,464)(81,429)(67,331)(59,138)(52,943)
Operating income (loss):(151)(822)(14,562)(16,050)(7,027)(9,952)
Nonoperating income (expense)5,020 683(1,269)276493
Investment income, nonoperating5,020     
Income (loss) from continuing operations before equity method investments, income taxes:4,869(822)(13,879)(17,319)(6,751)(9,459)
Other undisclosed income (loss) from continuing operations before income taxes  1,292(4,438)(741)(609) 
Income (loss) from continuing operations before income taxes:4,869470(18,317)(18,060)(7,360)(9,459)
Income tax expense (benefit)(1,764)(3,899)(3,171)(22,303)1,9421,743
Income (loss) from continuing operations:3,105(3,429)(21,488)(40,363)(5,418)(7,716)
Loss before gain (loss) on sale of properties:(21,488)(40,363)(5,418)(7,716)
Net income (loss) available to common stockholders, diluted:3,105(3,429)(21,488)(40,363)(5,418)(7,716)

Comprehensive Income ($ in thousands)

12/31/2024
12/31/2023
12/31/2022
12/31/2021
12/31/2020
12/31/2019
12/31/2018
Net income (loss):3,105(3,429)(21,488)(40,363)(5,418)(7,716)
Comprehensive income (loss):3,105(3,429)(21,488)(40,363)(5,418)(7,716)
Other undisclosed comprehensive income (loss), net of tax, attributable to parent163(1,486)(839)1,255(204)(571)
Comprehensive income (loss), net of tax, attributable to parent:3,268(4,915)(22,327)(39,108)(5,622)(8,287)

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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