MoSys, Inc. Reports First Quarter 2008 Financial Results

   
MOSYS, INC.
CONDENSED CONSOLIDATED BALANCE SHEETS
(in thousands, unaudited)
 
March 31, December 31,
2008 2007
 
Assets
Current assets:
Cash, cash equivalents and investments $ 59,700 $ 64,961
Accounts receivable, net 1,260 895
Unbilled contract receivables 260 518
Prepaid expenses and other assets   2,141   2,393
Total current assets 63,361 68,767
 
Long-term investments 17,569 13,693
Property and equipment, net 1,281 1,396
Goodwill 12,326 12,326
Intangible assets, net 1,969 2,166
Other assets   217   449
Total assets $ 96,723 $ 98,797
 
 
Liabilities and Stockholders Equity
Current liabilities:
Accounts payable $ 478 $ 146
Accrued expenses and other liabilities 2,497 2,158
Deferred revenue   832   201
Total current liabilities 3,807 2,505
 
Stockholders' equity 92,916 96,292
   
Total liabilities and stockholders equity $ 96,723 $ 98,797

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