AVIAT NETWORKS, INC.

Annual Trend FY 2016 FY 2017 FY 2018 FY 2019 FY 2020 FY 2021 FY 2022 FY 2023 FY 2024 FY 2025
ASSETS
Current assets:
Cash and Cash Equivalents, at Carrying Value $30.5m $35.7m $37.4m $31.9m $41.6m $47.9m $36.9m $22.2m $64.6m $59.7m
Prepaid Expense and Other Assets, Current $15.7m $13.6m $14.4m
Short-term Investments $222k $264k $0
Inventory, Net $27.3m $21.8m $21.3m $8.6m $14.0m $23.4m $25.4m $33.1m $62.3m $84.0m
Assets, Current $140.4m $124.6m $123.5m $126.0m $139.9m $170.2m $206.4m $237.7m $405.2m $463.6m
Property, Plant and Equipment, Net $18.2m $16.4m $17.2m $17.3m $16.9m $11.7m $8.9m $9.5m $9.5m $17.5m
Goodwill $0 $5.1m $8.2m $19.7m
Intangible Assets, Net (Excluding Goodwill) $9.0m $13.6m $26.9m
Operating Lease, Right-of-Use Asset $3.5m $3.8m $2.8m $2.6m $3.7m $3.1m
Other Assets, Noncurrent $1.5m $5.4m $9.8m $12.1m $6.7m $8.4m $10.4m $14.0m $11.8m $14.5m
Additional Financial Items
Accounts Receivable, after Allowance for Credit Loss, Current $63.4m $45.9m $43.1m $51.9m $44.7m $48.1m $73.2m $101.7m $158.0m $180.3m
Accrued Liabilities, Current $23.2m $21.9m $25.9m $22.6m $26.9m $28.2m $26.5m $24.4m $42.1m $38.9m
Assets $166.1m $152.6m $156.1m $169.2m $179.8m $297.7m $323.9m $364.5m $535.2m $633.3m
LIABILITIES AND EQUITY
Current liabilities:
Operating Lease, Liability, Current $1.4m $769k $513k $610k $1.0m $1.1m
Accounts Payable, Current $33.2m $33.6m $30.9m $35.6m $32.0m $32.4m $42.4m $60.1m $92.9m $148.1m
Operating Lease, Liability, Noncurrent $2.3m $3.2m $2.4m $2.1m $2.8m $2.2m
Deferred Revenue, Current $18.5m $11.2m $12.1m $14.0m $21.9m $32.3m $33.7m $44.3m $58.8m $73.7m
Long-term Debt, Excluding Current Maturities $9.0m $0 $46.0m $69.0m
Long-term Debt, Current Maturities $9.0m $0 $2.4m $18.6m
Liabilities, Current $99.9m $86.0m $86.5m $82.2m $94.0m $96.4m $104.5m $130.1m $218.9m $282.2m
Deferred Income Tax Liabilities, Net $1.3m $1.4m $545k $614k $563k $492k $412k $5.0m
Other Liabilities, Noncurrent $1.4m $1.0m $1.2m $820k $401k $356k $273k $314k $394k $430k
Liabilities $112.7m $98.2m $98.5m $97.7m $111.1m $114.3m $122.2m $144.4m $279.3m $370.1m
Stockholders’ equity:
Preferred Stock, Value, Issued $0 $0 $0 $0 $0 $0 $0 $0 $0 $0
Common Stock, Value, Issued $53k $53k $54k $54k $54k $112k $112k $115k $126k $127k
Additional Paid in Capital $811.6m $813.7m $816.4m $815.2m $814.3m $818.9m $823.3m $830.0m $860.1m $866.1m
Retained Earnings (Accumulated Deficit) ($747.4m) ($748.2m) ($746.4m) ($731.0m) ($730.7m) ($620.6m) ($599.4m) ($587.9m) ($578.5m) ($577.2m)
Accumulated Other Comprehensive Income (Loss), Net of Tax ($11.2m) ($11.8m) ($12.6m) ($12.7m) ($15.0m) ($14.3m) ($16.0m) ($16.0m) ($19.3m) ($18.8m)
Stockholders' Equity Attributable to Parent $53.1m $53.8m $57.5m $183.3m $201.8m $220.1m $255.9m $263.2m
Stockholders' Equity Attributable to Noncontrolling Interest $341k $543k $0
Liabilities and Equity $166.1m $152.6m $156.1m $169.2m $179.8m $297.7m $323.9m $364.5m $535.2m $633.3m