PDF Solutions Balance Sheet

Financials in millions USD. Fiscal year is January - December.

Millions USD. Fiscal year is Jan - Dec.

Fiscal Year	TTM	FY 2024	FY 2023	FY 2022	FY 2021	FY 2020
Period Ending	Sep '25 Sep 30, 2025	Dec '24 Dec 31, 2024	Dec '23 Dec 31, 2023	Dec '22 Dec 31, 2022	Dec '21 Dec 31, 2021	Dec '20 Dec 31, 2020
Cash & Equivalents	35.88	90.59	98.98	119.62	27.68	30.32
Short-Term Investments	-	24.29	36.54	19.56	112.54	114.98
Cash & Short-Term Investments	35.88	114.89	135.52	139.18	140.23	145.3
Cash Growth	-70.14%	-15.23%	-2.63%	-0.74%	-3.49%	48.86%
Receivables	99.33	81.4	53.67	45.46	40.49	37.84
Prepaid Expenses	8.55	6.77	6.69	7.06	7.19	5.94
Restricted Cash	-	-	-	-	-	3.5
Other Current Assets	2.36	2.93	1.96	1.7	0.6	0.8
Total Current Assets	146.12	205.98	197.85	193.41	188.51	193.38
Property, Plant & Equipment	77.08	52.49	42.26	46.18	40.7	45.91
Goodwill	96.78	14.95	15.03	14.12	14.12	15.77
Other Intangible Assets	54.25	12.31	15.62	18.06	21.24	24.57
Long-Term Accounts Receivable	25.79	22.83	14.2	0.8	1.3	2
Long-Term Deferred Tax Assets	0.2	0.04	0.16	0.06	0.08	0.25
Long-Term Deferred Charges	4.26	2.39	2.59	2.1	2.1	0.9
Other Long-Term Assets	1.92	4.3	2.43	3.95	5.72	4.79
Total Assets	406.4	315.29	290.14	278.67	273.77	287.58
Accounts Payable	14.65	8.26	2.56	6.39	5.55	4.4
Accrued Expenses	24.33	25.61	19.43	22.53	12.82	14.65
Current Portion of Leases	1.97	1.68	1.53	1.41	1.76	1.93
Current Unearned Revenue	21.25	25.01	27.32	27.87	23.69	21.23
Total Current Liabilities	66.08	60.54	50.84	58.2	43.83	42.21
Long-Term Leases	4.26	3.5	4.66	5.93	5.26	6.52
Long-Term Unearned Revenue	0.87	1.51	1.8	1.9	2.44	1.2
Other Long-Term Liabilities	5.49	3.69	3.89	2.63	2.66	3.15
Total Liabilities	142.02	69.25	61.19	68.66	54.18	53.07
Common Stock	0.01	0.01	0.01	0.01	0.01	0.01
Additional Paid-In Capital	526.53	502.9	473.3	447.42	423.07	407.17
Retained Earnings	-94.58	-93.99	-98.05	-101.15	-97.72	-76.23
Treasury Stock	-165.54	-159.35	-143.92	-133.71	-104.71	-96.22
Comprehensive Income & Other	-2.03	-3.53	-2.39	-2.55	-1.06	-0.23
Shareholders' Equity	264.38	246.04	228.95	210.01	219.59	234.51
Total Liabilities & Equity	406.4	315.29	290.14	278.67	273.77	287.58
Total Debt	73.78	5.18	6.19	7.34	7.02	8.44
Net Cash (Debt)	-37.9	109.71	129.34	131.84	133.21	136.85
Net Cash Growth	-	-15.18%	-1.90%	-1.03%	-2.66%	55.41%
Net Cash Per Share	-0.97	2.81	3.32	3.53	3.59	3.97
Filing Date Shares Outstanding	39.51	39.11	38.58	37.77	37.71	37.15
Total Common Shares Outstanding	39.51	38.8	38.29	37.43	37.41	36.85
Working Capital	80.04	145.44	147.01	135.21	144.68	151.18
Book Value Per Share	6.69	6.34	5.98	5.61	5.87	6.36
Tangible Book Value	113.36	218.78	198.3	177.83	184.22	194.16
Tangible Book Value Per Share	2.87	5.64	5.18	4.75	4.92	5.27
Machinery	53.51	41.74	44.95	47.17	42.86	43.55
Construction In Progress	54.42	41.37	29.84	27.34	22.16	20.28
Leasehold Improvements	7.02	6.69	6.48	6.47	6.27	6.26

Source: S&P Global Market Intelligence. Standard template. Financial Sources.