UTStarcom Holdings 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	Jun '25 Jun 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	40.42	43.91	49.97	54.52	53.8	34.22
Short-Term Investments	0.11	0.17	-	-	-	2.1
Cash & Short-Term Investments	40.53	44.08	49.97	54.52	53.8	36.32
Cash Growth	-13.59%	-11.79%	-8.34%	1.34%	48.12%	-2.00%
Accounts Receivable	5.29	5.51	8.87	12.01	27.55	49.68
Other Receivables	-	3.41	2.58	2.55	2.81	2.95
Receivables	5.29	8.91	11.45	14.55	30.36	52.64
Inventory	2.02	1.94	0.8	1.27	1.54	6.7
Prepaid Expenses	4.05	0.67	0.95	1.35	1.11	1.34
Restricted Cash	6.68	6.82	7.12	9.86	10.08	12.09
Other Current Assets	-	0.65	0.32	0.26	0.91	0.83
Total Current Assets	58.58	63.07	70.6	81.8	97.79	109.91
Property, Plant & Equipment	1.36	1.88	3.26	3.57	5.34	1.8
Long-Term Deferred Tax Assets	-	0.38	0.55	0.84	2.13	4.27
Other Long-Term Assets	2.97	2.88	3.07	3.02	3.02	2.75
Total Assets	62.9	68.2	77.48	89.23	108.28	118.72
Accounts Payable	5.6	7.01	7.96	12.97	19.03	25.12
Accrued Expenses	-	2.76	3.89	3.79	3.54	4.29
Current Portion of Leases	1.09	1.18	1.18	1.23	1.41	1.22
Current Income Taxes Payable	8.31	8.16	8.51	8.35	8.79	5.93
Current Unearned Revenue	0.55	0.83	0.3	0.2	0.31	0.8
Other Current Liabilities	4.07	1.58	1.55	2.31	2.34	2.68
Total Current Liabilities	19.62	21.53	23.39	28.85	35.43	40.04
Long-Term Leases	0.03	0.4	1.66	1.89	3.5	0.26
Long-Term Unearned Revenue	1.05	-	0.03	0.02	0.03	0.03
Other Long-Term Liabilities	-	1.04	1.02	1	0.98	1
Total Liabilities	20.69	22.97	26.1	31.77	39.93	41.32
Common Stock	42.21	0.16	0.12	0.12	0.12	0.12
Additional Paid-In Capital	-	1,268	1,268	1,267	1,267	1,266
Retained Earnings	-	-1,259	-1,255	-1,251	-1,246	-1,240
Treasury Stock	-	-12.34	-12.34	-12.34	-12.32	-12.32
Comprehensive Income & Other	-	49.01	50.91	53.44	59.94	63.66
Shareholders' Equity	42.21	45.23	51.38	57.46	68.35	77.4
Total Liabilities & Equity	62.9	68.2	77.48	89.23	108.28	118.72
Total Debt	1.11	1.59	2.84	3.12	4.91	1.47
Net Cash (Debt)	39.42	42.49	47.12	51.4	48.89	34.85
Net Cash Growth	-11.76%	-9.83%	-8.31%	5.12%	40.29%	2.19%
Net Cash Per Share	4.31	4.64	5.17	5.68	5.43	3.88
Filing Date Shares Outstanding	9.15	9.47	9.11	9.07	9.03	9.05
Total Common Shares Outstanding	9.15	9.16	9.11	9.07	9.03	8.97
Working Capital	38.96	41.54	47.21	52.95	62.37	69.86
Book Value Per Share	4.61	4.94	5.64	6.33	7.57	8.62
Tangible Book Value	42.21	45.23	51.38	57.46	68.35	77.4
Tangible Book Value Per Share	4.61	4.94	5.64	6.33	7.57	8.62
Machinery	-	19.3	19.86	23.06	26.97	28.83
Leasehold Improvements	-	1.5	1.58	1.64	1.8	1.85

Updated Jun 30, 2025. Source: S&P Global Market Intelligence. Standard template. Financial Sources.

SEC Filings: 10-K · 10-Q