CEVA, Inc. (CEVA) financial statements (2022 and earlier)

Company profile

Business Address 15245 SHADY GROVE ROAD
ROCKVILLE, MD 20850
State of Incorp. DE
Fiscal Year End December 31
SIC 737 - Computer Programming, Data Processing, And Other Computer Related Services (benchmarking)
More info Complete financial analysis Financial benchmarking

Balance sheet (Statement of financial position) ($ in thousands)

12/31/2021
12/31/2020
12/31/2019
12/31/2018
12/31/2017
12/31/2016
12/31/2015
ASSETS
Current Assets
Cash, cash equivalents, and short-term investments126,370109,89787,67099,729104,40380,26918,909
Cash and cash equivalents33,15321,14322,80322,26021,73918,40118,909
Short-term investments93,21788,75464,86777,46982,66461,868 
Receivables27,44931,22428,30726,15616,49415,0444,068
Other undisclosed current assets35,16126,43862,57551,40338,17949,39983,050
Total current assets:188,980167,559178,552177,288159,076144,712106,027
Noncurrent Assets
Operating lease, right-of-use asset8,8279,05211,066
Property, plant and equipment6,7657,5867,8797,3446,9264,8053,731
Long-term investments and receivables2,9199369369361,8061,806 
Long-term investments2,9199369369361,8061,806 
Intangible assets, net (including goodwill)89,38461,90664,49449,31248,35449,59050,826
Goodwill74,77751,07051,07046,61246,61246,61246,612
Intangible assets, net (excluding goodwill)14,60710,83613,4242,7001,7422,9784,214
Deferred income tax assets15,85010,82610,605
Other noncurrent assets5,7599,0238,2405,5693,5791,4121,806
Deferred tax assets, net5,9243,6432,252 
Other undisclosed noncurrent assets10,17540,06415,24930,89053,42837,91850,259
Total noncurrent assets:139,679139,393118,46999,975117,73697,783106,622
TOTAL ASSETS:328,659306,952297,021277,263276,812242,495212,649
LIABILITIES AND EQUITY
Liabilities
Current Liabilities
Accounts payable and accrued liabilities23,50522,77720,34318,15918,39616,33716,220
Accounts payable1,464894701632392571693
Accrued liabilities4,0303,8433,7484,3443,9274,0153,633
Employee-related liabilities18,01118,04015,89413,18314,07711,75111,894
Deferred revenue8,6612,4343,642
Debt  2,393    
Deferred revenue and credits4,3996,2582,763
Contract with customer, liability3,593
Other undisclosed current liabilities3,2742,969     
Total current liabilities:35,44028,18026,37821,75222,79522,59518,983
Noncurrent Liabilities
Long-term debt and lease obligation5,1305,7728,273    
Operating lease, liability5,1305,7728,273
Liabilities, other than long-term debt, including:8068856629,6329,3478,3497,571
Accounts payable and accrued liabilities806885662    
Other undisclosed liabilities, other than long-term debt   9,6329,3478,3497,571
Other undisclosed noncurrent liabilities10,55111,22610,551    
Total noncurrent liabilities:16,48717,88319,4869,6329,3478,3497,571
Total liabilities:51,92746,06345,86431,38432,14230,94426,554
Stockholders' equity
Stockholders' equity attributable to parent276,732260,889251,157245,879244,670211,551186,095
Common stock23222222222121
Treasury stock, value(13,790)(30,133)(39,390)(39,132)(26,056)(39,507)(51,798)
Additional paid in capital235,386233,172228,005223,250217,417212,103208,744
Accumulated other comprehensive income (loss)(372)47894(1,114)(586)(497)(419)
Retained earnings55,48557,35062,42662,85353,87339,43129,547
Total stockholders' equity:276,732260,889251,157245,879244,670211,551186,095
TOTAL LIABILITIES AND EQUITY:328,659306,952297,021277,263276,812242,495212,649

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

12/31/2021
12/31/2020
12/31/2019
12/31/2018
12/31/2017
12/31/2016
12/31/2015
Revenues122,706100,32687,15277,87787,50772,65359,499
Revenue, net87,50772,65359,499
Cost of revenue(16,827)(10,749)(10,106)(7,951)(6,953)(6,086)(5,424)
Gross profit:105,87989,57777,04669,92680,55466,56754,075
Operating expenses(102,371)(90,340)(78,970)(71,171)(64,681)(52,181)(47,763)
Operating income (loss):3,508(763)(1,924)(1,245)15,87314,3866,312
Nonoperating income
(Investment Income, Nonoperating)
1973,2843,2913,4183,0732,0631,073
Other undisclosed loss from continuing operations before equity method investments, income taxes   (870)(47)(24)(4)
Income from continuing operations before equity method investments, income taxes:3,7052,5211,3671,30318,89916,4257,381
Other undisclosed income from continuing operations before income taxes1,983      
Income from continuing operations before income taxes:5,6882,5211,3671,30318,89916,4257,381
Income tax expense(5,292)(4,900)(1,339)(729)(1,871)(3,325)(1,114)
Net income (loss) available to common stockholders, diluted:396(2,379)2857417,02813,1006,267

Comprehensive Income ($ in thousands)

12/31/2021
12/31/2020
12/31/2019
12/31/2018
12/31/2017
12/31/2016
12/31/2015
Net income (loss):396(2,379)2857417,02813,1006,267
Other comprehensive income (loss)(850)3841,208(528)(89)(78)17
Comprehensive income (loss), net of tax, attributable to parent:(454)(1,995)1,2364616,93913,0226,284

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.

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