QUICKLOGIC CORPORATION CONDENSED CONSOLIDATED BALANCE SHEETS (in thousands) (Unaudited) | ||||||||
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| December 30, 2018 |
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| December 31, 2017 (1) |
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ASSETS |
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Current assets: |
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Cash and cash equivalents |
| $ | 26,363 |
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| $ | 16,527 |
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Restricted Cash |
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| 100 |
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| — |
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Accounts receivable, net |
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| 2,209 |
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|
| 925 |
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Inventories |
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| 3,836 |
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|
| 3,559 |
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Other current assets |
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| 1,775 |
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|
| 997 |
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Total current assets |
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| 34,283 |
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|
| 22,008 |
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Property and equipment, net |
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| 1,449 |
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|
| 2,375 |
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Other assets |
|
| 354 |
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|
| 253 |
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TOTAL ASSETS |
| $ | 36,086 |
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| $ | 24,636 |
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LIABILITIES AND STOCKHOLDERS' EQUITY |
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Current liabilities: |
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Revolving line of credit |
| $ | 15,000 |
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| $ | 6,000 |
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Trade payables |
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| 1,488 |
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| 1,437 |
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Accrued liabilities |
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| 1,903 |
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|
| 1,653 |
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Current portion of capital lease obligations |
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| 316 |
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| 299 |
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Total current liabilities |
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| 18,707 |
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| 9,389 |
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Long-term liabilities: |
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| Capital lease obligations, less current portion |
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| 108 |
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| 355 |
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| Other long-term liabilities |
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| 16 |
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|
| 14 |
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| Total liabilities |
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| 18,831 |
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|
| 9,758 |
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| Stockholders' equity: |
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|
|
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| Common stock, par value |
|
| 95 |
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|
| 80 |
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| Additional paid-in capital |
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| 284,974 |
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|
| 268,833 |
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| Accumulated deficit |
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| (267,814) |
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| (254,035) |
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| Total stockholders' equity |
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| 17,255 |
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|
| 14,878 |
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| TOTAL LIABILITIES AND STOCKHOLDERS ' EQUITY |
| $ | 36,086 |
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| $ | 24,636 |
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| _________________ | |
| (1) | Derived from the December 31, 2017 audited balance sheet included in the 2017 Annual Report on Form 10-K of QuickLogic Corporation. |
