← IMMERSION CORP
| Annual Trend | FY 2017 | FY 2018 | FY 2019 | FY 2020 | FY 2021 | FY 2022 | FY 2023 | FY 2024 | FY 2025 | FY 2026 | |
|---|---|---|---|---|---|---|---|---|---|---|---|
| ASSETS | |||||||||||
| Current assets: | |||||||||||
| Accounts receivable, net | $806k | $1.1m | $3.4m | $2.2m | $2.0m | $1.2m | $2.2m | $266.5m | $100.8m | $118.6m | |
| Allowance For Doubtful Accounts Receivable | — | — | — | — | — | — | — | — | ($2.1m) | ($977k) | |
| Cash Cash Equivalents And Short Term Investments | — | — | — | — | — | $149.7m | $160.4m | — | $161.4m | $180.5m | |
| Cash Equivalents | — | — | — | — | $0 | $39.2m | $41.2m | — | — | — | |
| Cash and Cash Equivalents, at Carrying Value | $24.6m | $111.0m | $86.5m | $59.5m | $51.5m | $48.8m | $56.1m | — | — | $138.3m | |
| Cash and cash equivalents | $24.6m | $111.0m | $86.5m | $59.5m | $51.5m | $48.8m | $56.1m | $80.5m | $72.6m | $138.3m | |
| Gross Accounts Receivable | — | — | — | — | — | — | — | — | $103.0m | $119.6m | |
| Inventory | — | — | — | — | — | — | — | — | $326.0m | $325.4m | |
| Merchandise inventories, net | — | — | — | — | — | — | — | $315.5m | $299.6m | $298.3m | |
| Non Current Prepaid Assets | — | — | — | — | — | $4.3m | $6.2m | — | $6.2m | $188k | |
| Other Current Assets | — | — | — | — | — | $100k | $191k | — | $43.6m | $50.7m | |
| Other Inventories | — | — | — | — | — | — | — | — | $26.4m | $27.0m | |
| Other Receivables | — | — | — | — | $13.2m | $7.9m | $8.2m | — | — | — | |
| Other Short Term Investments | — | — | — | — | — | $100.9m | $104.3m | — | $88.8m | $42.2m | |
| Prepaid Assets | — | — | — | — | $798k | $1.6m | $1.9m | — | — | — | |
| Prepaid Expense and Other Assets, Current | $736k | $9.9m | $14.1m | $12.6m | $13.4m | $9.3m | $9.8m | — | — | — | |
| Prepaid expenses and other current assets | $736k | $9.9m | $14.1m | $12.6m | $13.4m | $9.3m | $9.8m | $48.2m | $43.6m | $50.7m | |
| Short-term Investments | $21.9m | $13.9m | $3.0m | $0 | $86.4m | $100.9m | $104.3m | — | — | $42.2m | |
| Textbook rental inventories, net | — | — | — | — | — | — | — | $45.0m | $26.4m | $27.0m | |
| Assets, Current | $48.1m | $135.8m | $107.0m | $74.3m | $153.3m | $160.3m | $172.4m | — | $918.9m | $675.2m | |
| Total Current Assets | $48.1m | $135.8m | $107.0m | $74.3m | $153.3m | $160.3m | $172.4m | $834.5m | $631.8m | $675.2m | |
| Property, Plant and Equipment, Net | $3.1m | $2.3m | $1.2m | $209k | $444k | $293k | $211k | $107.8m | $95.8m | $68.2m | |
| Goodwill | — | — | — | — | — | — | — | $69.2m | $69.2m | $69.2m | |
| Goodwill And Other Intangible Assets | — | — | — | — | — | — | — | — | $160.7m | $156.9m | |
| Intangible assets, net | — | — | — | — | — | — | — | $93.5m | $91.6m | $87.7m | |
| Other Intangible Assets | — | — | — | — | — | — | — | — | $91.6m | $87.7m | |
| Operating Lease, Right-of-Use Asset | — | — | $2.2m | $1.6m | $912k | $360k | $36k | $179.0m | $155.3m | $122.2m | |
| Other Assets, Noncurrent | — | $7.8m | $16.7m | $9.0m | $12.1m | $916k | $146k | $36.7m | $38.5m | $29.7m | |
| Additional Financial Items | |||||||||||
| Accounts Receivable, after Allowance for Credit Loss, Current | $458k | $645k | $3.0m | $1.6m | $1.2m | $1.0m | $1.7m | — | — | — | |
| Accumulated Depreciation | — | — | — | — | — | — | — | — | ($32.5m) | ($66.9m) | |
| Available For Sale Securities | — | — | — | — | $7.3m | $17.0m | $33.4m | — | $13.9m | — | |
| Capital Lease Obligations | — | — | — | — | — | $486k | $39k | — | $169.9m | $151.7m | |
| Cash Financial | — | — | — | — | $51.5m | $9.6m | $14.8m | — | — | — | |
| Construction In Progress | — | — | — | — | — | — | — | — | $1.7m | $1.8m | |
| Current Accrued Expenses | — | — | — | — | — | — | — | — | $44.3m | $64.5m | |
| Current Capital Lease Obligation | — | — | — | — | — | $486k | $39k | — | $48.8m | $67.5m | |
| Current Debt And Capital Lease Obligation | — | — | — | — | — | $486k | $39k | — | $48.8m | $67.5m | |
| Current Deferred Liabilities | — | — | — | — | — | $4.8m | $4.2m | — | $13.3m | $13.3m | |
| Deferred income taxes - noncurrent | — | — | — | — | — | — | — | $14.1m | $15.2m | $16.4m | |
| Deferred tax assets | $401k | $295k | — | — | $2.1m | $7.2m | $3.3m | $0 | $0 | — | |
| Finished Goods | — | — | — | — | — | — | — | — | $299.6m | $298.3m | |
| Gross PPE | — | — | — | — | — | $653k | $247k | — | $283.6m | $257.3m | |
| Income Tax Payable | — | — | — | — | $2.1m | $1.3m | $1.7m | — | — | — | |
| Invested Capital | — | — | — | — | — | $157.7m | $183.1m | — | $401.2m | $368.2m | |
| Investmentin Financial Assets | — | — | — | — | — | $17.0m | $33.4m | — | $13.9m | $0 | |
| Investments And Advances | — | — | — | — | — | $17.0m | $33.4m | — | $13.9m | $0 | |
| Investments – current | $21.9m | $13.9m | $3.0m | $0 | $86.4m | $100.9m | $104.3m | $78.8m | $88.8m | $42.2m | |
| Investments – noncurrent | — | — | — | — | $7.3m | $17.0m | $33.4m | $37.3m | $13.9m | $0 | |
| Leases | — | — | — | — | — | — | — | — | $33.5m | $32.9m | |
| Long Term Capital Lease Obligation | — | — | — | — | — | — | — | — | $121.1m | $84.2m | |
| Long-term borrowings | — | — | — | — | — | — | — | $177.6m | $103.1m | $71.0m | |
| Long-term deposits | — | — | $7.1m | $12.6m | $9.7m | $4.3m | $6.2m | $6.3m | $6.2m | $0 | |
| Machinery Furniture Equipment | — | — | — | — | — | — | — | — | $93.1m | $100.5m | |
| Net PPE | — | — | — | — | — | $653k | $247k | — | $251.1m | $190.5m | |
| Net Tangible Assets | — | — | — | — | — | $157.7m | $183.1m | — | $137.4m | $140.3m | |
| Non Current Accounts Receivable | — | — | — | — | $1.7m | $545k | $110k | — | — | — | |
| Non Current Deferred Assets | — | — | — | — | $2.1m | $7.2m | $3.3m | — | — | — | |
| Non Current Deferred Liabilities | — | — | — | — | — | $12.6m | $8.4m | — | $24.2m | $22.0m | |
| Non Current Deferred Taxes Assets | — | — | — | — | $2.1m | $7.2m | $3.3m | — | — | — | |
| Operating lease liabilities – current | — | — | — | — | — | — | — | $90.5m | $48.8m | $67.5m | |
| Operating lease liabilities – noncurrent | — | — | — | — | — | — | — | $135.3m | $121.1m | $84.2m | |
| Ordinary Shares Number | — | — | — | — | — | $32.2m | $31.5m | — | $32.5m | $33.1m | |
| Other Equity Adjustments | — | — | — | — | — | $202k | $1.7m | — | $535k | $122k | |
| Other Non Current Assets | — | — | — | — | $36k | $11k | — | — | $38.5m | $29.7m | |
| Other Non Current Liabilities | — | — | — | — | — | $1.9m | $4.9m | — | $29.3m | $14.3m | |
| Other Properties | — | — | — | — | — | $653k | $247k | — | $155.3m | $122.2m | |
| Other current liabilities | $3.9m | $3.2m | $3.5m | $2.5m | $11.2m | $12.5m | $11.9m | $25.5m | $10.2m | $12.4m | |
| Properties | — | — | — | — | — | — | — | — | $0 | $0 | |
| Share Issued | — | — | — | — | — | $47.0m | $47.6m | — | $49.4m | $50.3m | |
| Tangible Book Value | — | — | — | — | — | $157.7m | $183.1m | — | $137.4m | $140.3m | |
| Treasury Shares Number | — | — | — | — | — | $14.7m | $16.1m | — | $16.9m | $17.2m | |
| Working Capital | — | — | — | — | — | $142.4m | $153.1m | — | $365.9m | $381.8m | |
| Total Capitalization | — | — | — | — | — | $157.7m | $183.1m | — | $401.2m | $368.2m | |
| Total Debt | — | — | — | — | — | $486k | $39k | — | $273.0m | $222.7m | |
| Total Tax Payable | — | — | — | — | $2.1m | $1.3m | $1.7m | — | — | — | |
| Total non-current assets | — | — | — | — | — | $29.8m | $43.3m | $461.6m | $470.4m | $377.2m | |
| Total non-current liabilities | — | — | — | — | — | — | — | $345.7m | $277.7m | $191.6m | |
| Assets | $52.0m | $146.0m | $124.8m | $96.1m | $175.5m | $190.1m | $215.7m | — | $1.4b | $1.1b | |
| Total Assets | $52.0m | $146.0m | $124.8m | $96.1m | $175.5m | $190.1m | $215.7m | $1.4b | $1.1b | $1.1b | |
| LIABILITIES AND EQUITY | |||||||||||
| Total Liabilities and Stockholders' Equity | $52.0m | $146.0m | $124.8m | $96.1m | $175.5m | $190.1m | $215.7m | $1.4b | $1.1b | $1.1b | |
| Current liabilities: | |||||||||||
| Accounts Payable, Current | $6.6m | $3.6m | $809k | $149k | $2k | $86k | $47k | $299.0m | $148.9m | $135.6m | |
| Accrued compensation | $4.1m | $3.9m | $2.8m | $1.0m | $555k | $2.0m | $3.1m | $2.9m | $343k | $41k | |
| Accrued liabilities | — | — | — | — | — | — | — | $72.5m | $44.3m | $64.5m | |
| Deferred Revenue, Current | $4.4m | $4.6m | $4.7m | $5.2m | $4.8m | $4.8m | $4.2m | $40.6m | $13.3m | $13.3m | |
| Deferred Revenue, Noncurrent | $22.3m | $30.2m | $26.0m | $21.3m | $16.7m | $12.6m | $8.4m | $10.5m | $8.9m | $13.3m | |
| Dividends Payable | — | — | — | — | — | $4.2m | $1.5m | — | — | — | |
| Dividends Payable, Current | — | — | — | — | — | — | $1 | — | — | — | |
| Operating Lease, Liability, Current | — | — | $1.1m | $1.4m | $1.1m | $486k | $39k | — | — | — | |
| Operating Lease, Liability, Noncurrent | — | — | $2.7m | $1.7m | $550k | $56k | $0 | — | — | — | |
| Payables And Accrued Expenses | — | — | — | — | — | $5.6m | $3.3m | — | $193.2m | $200.1m | |
| Long-term Debt, Excluding Current Maturities | — | — | — | — | — | — | — | $177.6m | $103.1m | $71.0m | |
| Liabilities, Current | $19.1m | $15.3m | $11.8m | $8.8m | $16.6m | $19.3m | $19.3m | — | $543.4m | $293.4m | |
| Total Current Liabilities | $19.1m | $15.3m | $11.8m | $8.8m | $16.6m | $19.3m | $19.3m | $530.9m | $265.9m | $293.4m | |
| Long Term Debt And Capital Lease Obligation | — | — | — | — | — | — | — | — | $224.2m | $155.2m | |
| Non Current Deferred Taxes Liabilities | — | — | — | — | — | — | — | — | $15.2m | $16.4m | |
| Other Liabilities, Noncurrent | $915k | $787k | $3.3m | $2.0m | $896k | $435k | $4.9m | — | — | — | |
| Other long-term liabilities | $915k | $787k | $3.3m | $2.0m | $896k | $435k | $4.9m | $8.2m | $29.3m | $14.3m | |
| Pensionand Other Post Retirement Benefit Plans Current | — | — | — | — | — | $2.0m | $3.1m | — | $343k | $41k | |
| Deferred Tax Liabilities, Net | $43k | $46k | $59k | — | — | — | — | — | — | $16.4m | |
| Liabilities | $42.3m | $46.3m | $41.1m | $32.1m | $34.2m | $32.4m | $32.6m | — | $850.0m | $484.9m | |
| Total Liabilities | $42.3m | $46.3m | $41.1m | $32.1m | $34.2m | $32.4m | $32.6m | $876.6m | $543.6m | $484.9m | |
| Stockholders’ equity: | |||||||||||
| Accumulated Other Comprehensive Income (Loss), Net of Tax | $99k | $116k | $124k | $122k | $412k | $202k | $1.7m | — | $1.9m | $122k | |
| Accumulated earnings (deficit) | ($171.6m) | ($98.5m) | ($118.6m) | ($113.2m) | ($100.7m) | ($70.0m) | ($36.0m) | $38.1m | $34.7m | $31.2m | |
| Accumulated other comprehensive income (loss) | $99k | $116k | $124k | $122k | $412k | $202k | $1.7m | $4.8m | $535k | $122k | |
| Additional Paid in Capital, Common Stock | — | — | — | — | — | — | — | — | $371.4m | $379.6m | |
| Additional paid-in capital | — | — | — | — | — | — | — | $370.0m | $374.3m | $379.6m | |
| Capital Stock | — | — | — | — | — | $322.7m | $322.2m | — | $49k | $50k | |
| Common Stock, Value, Issued | — | — | — | — | — | — | — | — | $49k | $50k | |
| Gains Losses Not Affecting Retained Earnings | — | — | — | — | — | $202k | $1.7m | — | $535k | $122k | |
| Retained Earnings (Accumulated Deficit) | ($171.6m) | ($98.5m) | ($118.6m) | ($113.2m) | ($100.7m) | ($70.0m) | ($36.0m) | — | $53.9m | $31.2m | |
| Treasury Stock | — | — | — | — | — | $95.2m | $104.7m | — | $111.5m | $113.8m | |
| Treasury stock - 16,930,351 and 16,107,296 shares, respectively, at cost | ($46.9m) | ($48.4m) | ($51.1m) | ($81.7m) | ($81.7m) | ($95.2m) | ($104.7m) | ($107.4m) | ($111.5m) | — | |
| Treasury stock - 17,249,103 and 16,930,351 shares, respectively, at cost | ($46.9m) | ($48.4m) | ($51.1m) | ($81.7m) | ($81.7m) | ($95.2m) | ($104.7m) | ($107.4m) | ($111.5m) | ($113.8m) | |
| Stockholders' Equity Attributable to Parent | $9.7m | $99.7m | $83.8m | $64.0m | $141.3m | $157.7m | $183.1m | — | $317.9m | $297.2m | |
| Minority Interest | — | — | — | — | — | — | — | — | $260.6m | $270.2m | |
| Noncontrolling interest in consolidated subsidiaries | — | — | — | — | — | — | — | $182.2m | $260.6m | $270.2m | |
| Stockholders' Equity Attributable to Noncontrolling Interest | — | — | — | — | — | — | — | — | $270.0m | $270.2m | |
| Total Equity Gross Minority Interest | — | — | — | — | — | $157.7m | $183.1m | — | $558.7m | $567.4m | |
| Total Non Current Liabilities Net Minority Interest | — | — | — | — | — | $14.5m | $13.3m | — | $277.7m | $191.6m | |
| Total Stockholders' Equity | — | — | — | — | — | — | — | $487.7m | $558.7m | $567.4m | |
| Total Stockholders' Equity Attributable to Immersion Corporation Stockholders | $9.7m | $99.7m | $83.8m | $64.0m | $141.3m | $157.7m | $183.1m | $305.5m | $298.1m | $297.2m | |
| Liabilities and Equity | $52.0m | $146.0m | $124.8m | $96.1m | $175.5m | $190.1m | $215.7m | — | $1.4b | $1.1b |
Values abbreviated: b = billions, m = millions, k = thousands. Per share data in USD.