OneSpan 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 $49.3m $78.7m $76.7m $84.3m $88.4m $63.4m $96.5m $42.5m $83.2m $70.5m
Short-term Investments $94.9m
Inventory, Net $17.4m $12.0m $14.4m $19.8m $13.1m $10.3m $12.1m $15.6m $10.8m $10.5m
Assets, Current $207.2m $227.9m $192.0m $211.6m $207.2m $187.1m $197.5m $146.3m $175.1m $172.2m
Property, Plant and Equipment, Net $3.3m $4.8m $6.2m $11.5m $11.8m $10.8m $12.7m $18.7m $21.0m $22.2m
Goodwill $54.4m $56.3m $91.8m $94.6m $97.6m $96.2m $90.5m $93.7m $92.4m $103.8m
Intangible Assets, Net (Excluding Goodwill) $46.5m $37.9m $45.5m $36.2m $27.2m $21.3m $12.5m $10.8m $7.5m $9.7m
Operating Lease, Right-of-Use Asset $10.6m $11.4m $9.2m $8.0m $6.2m $7.7m $7.4m
Other Assets, Noncurrent $15.9m $5.2m $8.4m $8.7m $11.2m $13.8m $11.9m $11.7m $14.6m $15.8m
Additional Financial Items
Accounts Receivable, after Allowance for Credit Loss, Current $36.7m $48.1m $59.6m $62.4m $57.5m $56.6m $65.1m $64.4m $56.2m $56.0m
Assets $327.3m $337.6m $352.8m $384.6m $375.2m $342.3m $335.1m $289.2m $338.7m $397.7m
LIABILITIES AND EQUITY
Current liabilities:
Operating Lease, Liability, Current $2.6m $2.9m $2.5m $2.3m $2.0m $2.4m $2.3m
Accounts Payable, Current $8.9m $8.1m $7.2m $10.8m $5.7m $8.2m $17.4m $17.5m $13.3m $13.7m
Operating Lease, Liability, Noncurrent $11.3m $12.4m $10.2m $8.4m $6.8m $6.9m $6.1m
Deferred Revenue, Current $36.4m $33.3m $33.6m $30.3m $43.4m $54.6m $64.6m $69.3m $67.5m $71.6m
Dividends Payable, Current $4.8m $671k
Liabilities, Current $68.0m $66.2m $72.4m $74.1m $75.3m $89.1m $110.8m $114.8m $110.3m $114.6m
Deferred Income Tax Liabilities, Net $7.8m $4.6m $1.9m $1.3m $1.2m $1.1m $3.7m $988k
Other Liabilities, Noncurrent $1.9m $12.9m $7.1m $8.3m $10.4m $7.8m $2.5m $3.2m $1.9m $1.6m
Deferred Tax Liabilities, Net $2.3m
Liabilities $70.7m $99.7m $100.4m $120.5m $117.9m $122.5m $131.8m $130.1m $126.2m $125.9m
Stockholders’ equity:
Preferred Stock, Value, Issued $0 $0 $0 $0 $0 $0 $0
Common Stock, Value, Issued $40k $40k $40k $40k $40k $40k $40k $38k $38k $37k
Retained Earnings (Accumulated Deficit) $178.6m $156.2m $172.4m $181.2m $173.7m $143.2m $128.7m $98.9m $151.3m $209.8m
Accumulated Other Comprehensive Income (Loss), Net of Tax ($9.5m) ($8.6m) ($13.3m) ($13.3m) ($10.2m) ($11.2m) ($14.6m) ($11.1m) ($13.9m) ($6.1m)
Additional Paid in Capital, Common Stock $87.5m $90.3m $93.3m $96.1m $98.8m $100.2m $107.3m $118.6m $122.5m $128.7m
Stockholders' Equity Attributable to Parent $256.6m $237.9m $252.4m $264.0m $257.3m $219.8m $203.3m $159.1m $212.5m $271.8m
Liabilities and Equity $327.3m $337.6m $352.8m $384.6m $375.2m $342.3m $335.1m $289.2m $338.7m $397.7m