(*) Less than $ 0.01
RADCOM Ltd.
Consolidated Balance Sheets
(thousands of U.S. dollars)
(Unaudited)
As of As of
December 31, December 31,
2024 2023
------------------------- -------------------------
Current Assets
Cash and cash
equivalents $ 19,243 $ 10,892
Short-term bank
deposits 75,429 71,273
Trade receivables,
net 19,038 13,412
Inventories 1,667 246
Other accounts
receivable and
prepaid expenses 1,819 1,592
------------------------- -------------------------
Total Current Assets 117,196 97,415
------------------------- -------------------------
Non-Current Assets
Severance pay fund 2,985 3,142
Other long-term
receivables 3,484 1,573
Property and
equipment, net 879 798
Operating lease
right-of-use
assets 3,421 1,651
Goodwill and
intangible assets,
net 2,609 2,950
Total Non-Current
Assets 13,378 10,114
Total Assets $ 130,574 $ 107,529
========================= =========================
Liabilities and
Shareholders' Equity
Current Liabilities
Trade payables $ 2,457 $ 2,640
Deferred revenues
and advances from
customers 6,848 1,469
Employee and
payroll
accruals 7,175 5,400
Operating lease
liabilities 966 1,062
Other liabilities
and accrued
expenses 10,463 9,540
------------------------- -------------------------
Total Current
Liabilities 27,909 20,111
------------------------- -------------------------
Non-Current
Liabilities
Accrued severance
pay 3,868 3,728
Operating lease
liabilities 2,438 561
Other liabilities
and accrued
expenses 683 638
Total Non-Current
Liabilities 6,989 4,927
------------------------- -------------------------
Total Liabilities $ 34,898 $ 25,038
------------------------- -------------------------
Shareholders' Equity
Share capital $ 769 $ 736
Additional paid-in
capital 160,761 154,697
Accumulated
other
comprehensive
loss (2,910) (3,030)
Accumulated
deficit (62,944) (69,912)
------------------------- -------------------------
Total Shareholders'
Equity 95,676 82,491
------------------------- -------------------------
Total Liabilities and
Shareholders'
Equity $ 130,574 $ 107,529
========================= =========================
View original content:https://www.prnewswire.com/news-releases/radcom-reports-record-breaking-year-with-highest-ever-revenues-and-accelerated-profit-growth-302374704.html
SOURCE RADCOM Ltd.
(END) Dow Jones Newswires
February 12, 2025 07:16 ET (12:16 GMT)
Disclaimer: Investing carries risk. This is not financial advice. The above content should not be regarded as an offer, recommendation, or solicitation on acquiring or disposing of any financial products, any associated discussions, comments, or posts by author or other users should not be considered as such either. It is solely for general information purpose only, which does not consider your own investment objectives, financial situations or needs. TTM assumes no responsibility or warranty for the accuracy and completeness of the information, investors should do their own research and may seek professional advice before investing.