Violin Memory Inc (VMEM) Financial Statements (2026 and earlier)

Company Profile

Business Address 4555 GREAT AMERICA PARKWAY
SANTA CLARA, CA 95054
State of Incorp. DE
Fiscal Year End January 31
Industry (SIC) 3572 - Computer Storage Devices (benchmarking)
More info Complete Financial Analysis Financial Benchmarking

Balance Sheet (Statement of Financial Position) ($ in thousands)

7/31/2016
MRQ
1/31/2016
1/31/2015
1/31/2014
ASSETS
Current Assets
Cash, cash equivalents, and short-term investments, including: 66,00093,43240,273
Cash and cash equivalent 23,92193,43240,273
Other undisclosed cash, cash equivalents, and short-term investments 42,079  
Receivables 5,30815,31221,620
Inventory, net of allowances, customer advances and progress billings 12,00110,32239,653
Inventory 12,00110,32239,653
Other current assets 4,1705,9496,154
Other undisclosed current assets 9,97962,55158,541
Total current assets: 97,458187,566166,241
Noncurrent Assets
Property, plant and equipment 9,3229,86313,653
Long-term investments and receivables   3,500
Long-term investments   3,500
Deferred costs  4,032 
Other noncurrent assets 6,06710,8064,769
Other undisclosed noncurrent assets  (4,032)(3,500)
Total noncurrent assets: 15,38920,66918,422
TOTAL ASSETS: 112,847208,235184,663
LIABILITIES AND EQUITY
Liabilities
Current Liabilities
Accounts payable and accrued liabilities 17,31738,12564,753
Employee-related liabilities  9,0369,049
Accounts payable 3,74711,06518,389
Accrued liabilities 13,57018,02437,315
Debt 13,39810,000 
Restructuring reserve  313
Deferred revenue and credits 13,00615,63513,480
Due to related parties  2,43212,208
Other undisclosed current liabilities  (11,781)(21,257)
Total current liabilities: 43,72154,72469,184
Noncurrent Liabilities
Long-term debt and lease obligation 117,464120,000 
Long-term debt, excluding current maturities 117,464120,000 
Liabilities, other than long-term debt 6,23911,34911,755
Deferred revenue and credits 6,23910,39811,755
Restructuring reserve  951 
Other undisclosed noncurrent liabilities 275(129,642)69,184
Total noncurrent liabilities: 123,9781,70780,939
Other undisclosed liabilities  130,398 
Total liabilities: 167,699186,829150,123
Equity
Equity, attributable to parent (54,852)21,406103,724
Common stock 1098
Additional paid in capital 505,274482,674456,223
Accumulated other comprehensive income 456248115
Accumulated deficit (560,592)(461,525)(352,622)
Total equity: (54,852)21,406103,724
Other undisclosed liabilities and equity   (69,184)
TOTAL LIABILITIES AND EQUITY: 112,847208,235184,663

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

7/31/2016
TTM
1/31/2016
1/31/2015
1/31/2014
Revenues
(Revenue, Net)
 50,86778,975107,656
Cost of revenue (28,581)(58,767)(64,773)
Cost of product and service sold (28,581)(67,957)(103,012)
Gross profit: 22,28620,20842,883
Operating expenses (114,484)(120,873)(189,688)
Operating loss: (92,198)(100,665)(146,805)
Nonoperating expense
(Other Nonoperating expense)
 (11)(4,910)(1,389)
Interest and debt expense (6,716)(3,205)(1,539)
Loss from continuing operations before income taxes: (98,925)(108,780)(149,733)
Income tax expense (142)(123)(76)
Loss from continuing operations: (99,067)(108,903)(149,809)
Loss before gain (loss) on sale of properties: (99,067)(108,903)(149,809)
Net loss available to common stockholders, diluted: (99,067)(108,903)(149,809)

Comprehensive Income ($ in thousands)

7/31/2016
TTM
1/31/2016
1/31/2015
1/31/2014
Net loss: (99,067)(108,903)(149,809)
Comprehensive loss: (99,067)(108,903)(149,809)
Other undisclosed comprehensive income, net of tax, attributable to parent 208133122
Comprehensive loss, net of tax, attributable to parent: (98,859)(108,770)(149,687)

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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