indie Semiconductor, Inc.

Annual Trend FY 2020 FY 2021 FY 2022 FY 2023 FY 2024 FY 2025
Cash and cash equivalents $18.7m $219.1m $321.6m $151.7m $274.2m $145.5m
Accounts receivable, net of allowance for doubtful accounts of $163 as of December 31, 2025 and $1,970 as of December 31, 2024 $5.9m $13.8m $26.4m $63.6m $52.0m $57.5m
Inventory $2.9m $9.1m $13.3m $33.1m $49.9m $48.6m
Prepaid expenses and other current assets $2.5m $5.6m $12.3m $23.4m $22.3m $23.9m
Total current assets $30.0m $248.0m $373.9m $271.8m $408.7m $285.8m
Property and equipment, net $2.2m $11.1m $15.8m $27.0m $34.3m $43.3m
Intangible assets, net $1.1m $96.3m $63.1m $208.1m $208.9m $195.9m
Goodwill $1.7m $115.2m $136.5m $295.1m $266.4m $292.6m
Intangible asset contract liability $2.3m $5.5m $9.4m $4.4m $5.9m $5.9m
Intangible asset contract liability, net of current portion $400k $12.5m $4.2m $0 $12.0m $5.7m
Operating lease right-of-use assets $0 $12.1m $13.8m $16.1m $14.4m
Other assets and deposits $154k $270k $2.0m $3.1m $6.9m $8.8m
Restricted cash $0 $383k $250k $0 $10.3m $10.3m
Contingent considerations $2.5m $83.9m $3.6m $611k
Accrued expenses and other current liabilities $2.5m $18.6m $13.2m $21.4m $29.3m $24.8m
Current debt obligations $8.5m $2.3m $15.7m $4.1m $12.2m $13.6m
indie’s stockholders’ equity ($110.3m) $313.0m $312.8m $446.1m $417.9m $358.0m
Total assets $35.1m $470.9m $603.4m $818.9m $941.4m $840.8m
Total liabilities and stockholders' equity $35.1m $470.9m $603.4m $818.9m $941.4m $840.8m
Accounts payable $4.6m $5.4m $14.2m $18.4m $28.3m $21.8m
Accrued payroll liabilities $4.0m $11.5m $6.6m $5.6m $9.9m
Long-term debt, net of current portion $12.3m $5.6m $155.7m $156.7m $369.1m $339.8m
Operating lease liability, non-current $0 $10.1m $10.8m $14.3m $13.0m
Total current liabilities $122.2m $33.7m $64.0m $138.9m $84.9m $76.5m
Deferred tax liabilities, non-current $0 $21.2m $7.8m $13.7m $11.7m $14.2m
Other long-term liabilities $1.7m $5.6m $1.8m $21.7m $4.1m $7.4m
Total liabilities $136.6m $179.0m $289.0m $341.9m $496.0m $456.8m
Preferred stock, $0.0001 par value, 10,000,000 shares authorized; 0 shares issued or outstanding 0 0 0 0 0 0
Common stock $6k $14k $15k $18k $21k $22k
Additional paid-in capital $43.2m $514.9m $568.6m $813.7m $936.6m $998.7m
Accumulated deficit ($153.3m) ($200.4m) ($243.8m) ($361.4m) ($494.0m) ($637.1m)
Accumulated other comprehensive loss ($209k) ($1.4m) ($12.0m) ($6.2m) ($24.7m) ($3.6m)
Noncontrolling interest $8.8m ($21.2m) $1.5m $30.9m $27.5m $26.0m
Total stockholders' equity ($101.5m) $291.9m $314.3m $477.0m $445.4m $384.0m