Arteris Announces Financial Results for the First Quarter 2022 and Estimated Second Quarter and Full Year 2022 Guidance

Condensed Consolidated Statements of Cash Flows
(In thousands)
(unaudited)

  Three Months Ended
March 31,
  2022  2021
CASH FLOW FROM OPERATING ACTIVITIES:   
Net loss$(6,820) $(6,717)
Adjustments to reconcile net loss to net cash (used in) provided by operating activities:   
Depreciation and amortization 401   369 
Stock-based compensation 2,309   333 
Operating non-cash lease expense 25   (3)
Other, net    (8)
Changes in operating assets and liabilities:   
Accounts receivable, net 5,674   6,084 
Prepaid expenses and other assets (1,447)  (762)
Account payable (434)  666 
Accrued expenses and other liabilities (1,370)  (1,237)
Deferred revenue   301       1,791  
Net cash (used in) provided by operating activities   (1,361 )     516  
CASH FLOWS FROM INVESTING ACTIVITIES:      
Purchases of property and equipment   (92 )     (39 )
Payments of deferred transaction costs relating to investment in Transchip   (191 )      
Net cash used in investing activities   (283 )     (39 )
CASH FLOWS FROM FINANCING ACTIVITIES:      
Payments of contingent consideration for business acquisition   (1,573 )      
Principle payments under vendor financing arrangements   (205 )     (138 )
Proceeds from exercise of stock options   90       184  
Payments of deferred offering costs   (257 )     (94 )
Payments of principle portion of Term loan         (150 )
Other         (2 )
Net cash used in financing activities   (1,945 )     (200 )
NET DECREASE IN CASH   (3,589 )     277  
CASH, beginning of period   85,825       11,744  
CASH, end of period $ 82,236     $ 12,021  

« Previous Page 1 | 2 | 3 | 4 | 5 | 6 | 7 | 8  Next Page »
Featured Video
Jobs
Sr. Silicon Design Engineer for AMD at Santa Clara, California
GPU Design Verification Engineer for AMD at Santa Clara, California
Senior Platform Software Engineer, AI Server - GPU for Nvidia at Santa Clara, California
Senior Firmware Architect - Server Manageability for Nvidia at Santa Clara, California
Design Verification Engineer for Blockwork IT at Milpitas, California
CAD Engineer for Nvidia at Santa Clara, California
Upcoming Events
SEMICON Japan 2024 at Tokyo Big Sight Tokyo Japan - Dec 11 - 13, 2024
PDF Solutions AI Executive Conference at St. Regis Hotel San Francisco - Dec 12, 2024
DVCon U.S. 2025 at United States - Feb 24 - 27, 2025



© 2024 Internet Business Systems, Inc.
670 Aberdeen Way, Milpitas, CA 95035
+1 (408) 882-6554 — Contact Us, or visit our other sites:
AECCafe - Architectural Design and Engineering TechJobsCafe - Technical Jobs and Resumes GISCafe - Geographical Information Services  MCADCafe - Mechanical Design and Engineering ShareCG - Share Computer Graphic (CG) Animation, 3D Art and 3D Models
  Privacy PolicyAdvertise