DSP Group, Inc. (DSPG) financial statements (2022 and earlier)
Company profile
| Business Address |
2055 GATEWAY PLACE, SUITE 480 SAN JOSE, 95110 |
| State of Incorp. | DE |
| 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 thousands)
| 9/30/2021 TTM | 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 investments | 67,551 | 67,878 | 47,859 | 46,021 | 46,783 | 31,774 | |||
| Cash and cash equivalents | 16,936 | 28,737 | 12,146 | 21,324 | 17,752 | 13,704 | |||
| Short-term investments | 50,615 | 39,141 | 35,713 | 24,697 | 29,031 | 18,070 | |||
| Restricted cash and investments | 548 | 518 | 493 | 524 | 70 | 168 | |||
| Receivables | 11,994 | 17,222 | 14,943 | 14,435 | 19,675 | 20,167 | |||
| Inventory, net of allowances, customer advances and progress billings | 9,061 | 7,464 | 9,819 | 9,422 | 9,748 | 11,453 | |||
| Inventory | 9,061 | 7,464 | 9,819 | 9,422 | 9,748 | 11,453 | |||
| Prepaid expense | 2,326 | 1,219 | 1,836 | 1,612 | 1,262 | 2,054 | |||
| Deposits current assets | 54 | 237 | 235 | 249 | 304 | 260 | |||
| Other current assets | 89 | 255 | 131 | 287 | 159 | 49 | |||
| Total current assets: | 91,623 | 94,793 | 75,316 | 72,550 | 78,001 | 65,925 | |||
| Noncurrent Assets | |||||||||
| Operating lease, right-of-use asset | 11,102 | 11,655 | ✕ | ✕ | ✕ | ✕ | |||
| Property, plant and equipment | 6,574 | 6,805 | 2,748 | 3,184 | 4,130 | 3,764 | |||
| Long-term investments and receivables | 60,454 | 62,884 | 75,538 | 82,669 | 78,092 | 89,714 | |||
| Long-term investments | 60,454 | 62,884 | 75,538 | 82,669 | 78,092 | 89,714 | |||
| Intangible assets, net (including goodwill) | 20,654 | 6,904 | 7,321 | 9,022 | 10,723 | 9,127 | |||
| Goodwill | 13,105 | 6,243 | 6,243 | 6,243 | 6,243 | 5,276 | |||
| Intangible assets, net (excluding goodwill) | 7,549 | 661 | 1,078 | 2,779 | 4,480 | 3,851 | |||
| Deferred income tax assets | 6,893 | 6,377 | ✕ | ✕ | ✕ | ✕ | |||
| Deferred tax assets, net | ✕ | ✕ | ✕ | 3,580 | 1,043 | 918 | 1,311 | ||
| Other undisclosed noncurrent assets | 19,173 | 16,507 | 12,639 | 13,547 | 9,950 | 10,357 | |||
| Total noncurrent assets: | 124,850 | 111,132 | 101,826 | 109,465 | 103,813 | 114,273 | |||
| Other undisclosed assets | 2,748 | 3,184 | 4,130 | 3,764 | |||||
| TOTAL ASSETS: | 216,473 | 205,925 | 179,890 | 185,199 | 185,944 | 183,962 | |||
| LIABILITIES AND EQUITY | |||||||||
| Liabilities | |||||||||
| Current Liabilities | |||||||||
| Accounts payable and accrued liabilities | 24,075 | 21,122 | 20,896 | 19,487 | 23,728 | 25,484 | |||
| Accounts payable | 10,708 | 8,511 | 9,579 | 8,660 | 12,540 | 13,103 | |||
| Accrued liabilities | 1,019 | 769 | 1,658 | 896 | 1,385 | 2,729 | |||
| Employee-related liabilities | 8,728 | 8,781 | 8,255 | 8,699 | 8,666 | 7,788 | |||
| Taxes payable | 3,620 | 3,061 | 1,404 | 1,232 | 1,137 | 1,864 | |||
| Deferred revenue | 172 | ✕ | ✕ | ✕ | ✕ | ||||
| Debt | 211 | 2,569 | |||||||
| Derivative instruments and hedges, liabilities | 36 | ||||||||
| Other undisclosed current liabilities | 4,948 | 1,548 | 1,803 | 1,992 | 2,171 | 2,053 | |||
| Total current liabilities: | 29,406 | 25,239 | 22,699 | 21,479 | 25,899 | 27,573 | |||
| Noncurrent Liabilities | |||||||||
| Long-term debt and lease obligation | 10,075 | 10,436 | |||||||
| Operating lease, liability | 10,075 | 10,436 | ✕ | ✕ | ✕ | ✕ | |||
| Liabilities, other than long-term debt | 2,162 | 1,082 | 978 | 1,307 | 1,590 | 1,368 | |||
| Deferred tax liabilities, net | ✕ | ✕ | ✕ | 151 | 424 | 787 | 476 | ||
| Deferred income tax liabilities | 1,073 | 119 | ✕ | ✕ | ✕ | ✕ | |||
| Liability, pension and other postretirement and postemployment benefits | 1,089 | 963 | 827 | 883 | 803 | 892 | |||
| Other undisclosed noncurrent liabilities | 18,592 | 16,074 | 14,348 | 15,463 | 12,908 | 11,703 | |||
| Total noncurrent liabilities: | 30,829 | 27,592 | 15,326 | 16,770 | 14,498 | 13,071 | |||
| Total liabilities: | 60,235 | 52,831 | 38,025 | 38,249 | 40,397 | 40,644 | |||
| Stockholders' equity | |||||||||
| Stockholders' equity attributable to parent | 156,238 | 153,094 | 141,865 | 146,950 | 145,547 | 143,318 | |||
| Common stock | 24 | 23 | 22 | 22 | 22 | 22 | |||
| Treasury stock, value | (108,509) | (113,862) | (122,325) | (118,397) | (122,632) | (125,697) | |||
| Additional paid in capital | 396,335 | 386,534 | 378,855 | 372,041 | 366,121 | 361,023 | |||
| Accumulated other comprehensive loss | (637) | (889) | (2,324) | (1,874) | (1,852) | (1,267) | |||
| Accumulated deficit | (130,975) | (118,712) | (112,363) | (104,842) | (96,112) | (90,763) | |||
| Total stockholders' equity: | 156,238 | 153,094 | 141,865 | 146,950 | 145,547 | 143,318 | |||
| TOTAL LIABILITIES AND EQUITY: | 216,473 | 205,925 | 179,890 | 185,199 | 185,944 | 183,962 | |||
Income statement (P&L) ($ in thousands)
| 9/30/2021 TTM | 12/31/2020 | 12/31/2019 | 12/31/2018 | 12/31/2017 | 12/31/2016 | 12/31/2015 | ||
|---|---|---|---|---|---|---|---|---|
| Revenues | 114,480 | 117,613 | 117,438 | 124,753 | 137,869 | 144,271 | ||
| Cost of revenue | (56,290) | (58,066) | (59,991) | (67,058) | (77,023) | (84,411) | ||
| Cost of goods and services sold | (56,290) | (58,066) | (59,991) | (51) | (151) | (361) | ||
| Gross profit: | 58,190 | 59,547 | 57,447 | 57,695 | 60,846 | 59,860 | ||
| Operating expenses | (66,291) | (63,951) | (63,087) | (62,459) | (56,666) | (59,146) | ||
| Operating income (loss): | (8,101) | (4,404) | (5,640) | (4,764) | 4,180 | 714 | ||
| Nonoperating income | 1,231 | 1,654 | 1,815 | 1,669 | 1,227 | 1,175 | ||
| Investment income, nonoperating | 1,826 | 2,506 | 2,108 | |||||
| Other nonoperating income (expense) | (56) | (60) | (58) | 1,669 | 1,227 | 1,175 | ||
| Interest and debt expense | (11) | (15) | (15) | (14) | (16) | (12) | ||
| Other undisclosed income from continuing operations before equity method investments, income taxes | 11 | 15 | 15 | 14 | 16 | 12 | ||
| Income (loss) from continuing operations before income taxes: | (6,870) | (2,750) | (3,825) | (3,095) | 5,407 | 1,889 | ||
| Income tax expense (benefit) | 80 | 1,560 | 1,868 | 92 | (594) | (327) | ||
| Net income (loss) available to common stockholders, diluted: | (6,790) | (1,190) | (1,957) | (3,003) | 4,813 | 1,562 | ||
Comprehensive Income ($ in thousands)
| 9/30/2021 TTM | 12/31/2020 | 12/31/2019 | 12/31/2018 | 12/31/2017 | 12/31/2016 | 12/31/2015 | ||
|---|---|---|---|---|---|---|---|---|
| Net income (loss): | (6,790) | (1,190) | (1,957) | (3,003) | 4,813 | 1,562 | ||
| Other comprehensive income (loss) | (585) | 299 | ||||||
| Comprehensive income (loss): | (6,790) | (1,190) | (1,957) | (3,003) | 4,228 | 1,861 | ||
| Other undisclosed comprehensive income (loss), net of tax, attributable to parent | 252 | 1,435 | (450) | (24) | ||||
| Comprehensive income (loss), net of tax, attributable to parent: | (6,538) | 245 | (2,407) | (3,027) | 4,228 | 1,861 | ||
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.