IRIX: the balance sheet

MyFinsight

For the year ending 2026-01-03, IRIX has $29,151K in assets. $24,229K in debts. $6,028K in cash and cash equivalents.

Balance Sheets	2026-01-03
Cash and cash equivalents	6,028
Accounts receivable, net	7,613
Receivable from related party	1,932
Inventories	7,877
Prepaid expenses and other current assets	1,802
Total current assets	25,252
Property and equipment, net	58
Gross carrying value	2,539
Accumulated amortization	1,555
Intangible assets, net	984
Goodwill	965
Operating lease right-of-use assets, net	768
Other long-term assets	1,124
Total assets	29,151

Accounts payable	5,385
Payable to related party	117
Accrued compensation	2,340
Accrued expenses	608
Convertible note payable, current	0
Other current liabilities	1,899
Deferred revenue, current	2,160
Operating lease liabilities, current	699
Total current liabilities	13,208
Deferred revenue	6,801
Operating lease liabilities	98
Convertible note payable	3,735
Other long-term liabilities	387
Total liabilities	24,229
Preferred stock, 0.01 par value authorized 2,000,000 shares issued and outstanding 600,000 shares of series b convertible preferred stock as of january 3, 2026 and 0 as of december 28, 2024, respectively (liquidation preference of 6.0 million as of january 3, 2026)	6,000
Common stock, 0.01 par value authorized 63,500,000 shares issued and outstanding 17,306,521 shares as of january 3, 2026 and 16,636,380 as of december 28, 2024	174
Additional paid-in capital	91,208
Accumulated other comprehensive income (loss)	-14
Accumulated deficit	-92,446
Total stockholders equity	4,922
Total liabilities and stockholders equity	29,151

Unit: Thousand (K) dollars (except for numbers of shares and EPS).