For the quarter ending 2025-09-27, IRIX has $28,353K in assets. $23,672K in debts. $5,573K in cash and cash equivalents.
| Balance Sheets | 2025-09-27 | 2025-06-28 | ||
|---|---|---|---|---|
| Cash and cash equivalents | 5,573 | 6,778 | ||
| Accounts receivable, net | 7,132 | 7,137 | ||
| Receivable from related party | 2,398 | 2,893 | ||
| Inventories | 7,301 | 8,435 | ||
| Prepaid expenses and other current assets | 1,662 | 1,625 | ||
| Total current assets | 24,066 | 26,868 | ||
| Property and equipment, net | 23 | 40 | ||
| Gross carrying value | 2,539 | - | ||
| Accumulated amortization | 1,475 | - | ||
| Goodwill | - | 1,000 | ||
| Intangible assets, net | 1,064 | 1,144 | ||
| Goodwill | 965 | 965 | ||
| Operating lease right-of-use assets, net | 1,039 | 1,295 | ||
| Other long-term assets | 1,196 | 1,273 | ||
| Total assets | 28,353 | 31,585 | ||
| Accounts payable | 4,409 | 5,314 | ||
| Payable to related party | 213 | 435 | ||
| Accrued compensation | 1,932 | 1,861 | ||
| Accrued expenses | 592 | 584 | ||
| Convertible note payable, current | 0 | 0 | ||
| Other current liabilities | 2,010 | 2,101 | ||
| Deferred revenue, current | 2,208 | 2,269 | ||
| Operating lease liabilities, current | 1,028 | 1,145 | ||
| Total current liabilities | 12,392 | 13,709 | ||
| Deferred revenue | 7,208 | 7,587 | ||
| Operating lease liabilities | 52 | 248 | ||
| Convertible note payable | 3,705 | 3,675 | ||
| Other long-term liabilities | 315 | 307 | ||
| Total liabilities | 23,672 | 25,526 | ||
| 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 september 27, 2025 and 0 as of december 28, 2024, respectively (liquidation preference of 6.1 million as of september 27, 2025)-Series BConvertible Preferred Stock | 6,000 | 6,000 | ||
| Common stock, 0.01 par value authorized 63,500,000 shares issued and outstanding 17,049,561 as of september 27, 2025 and 16,636,380 shares as of december 28, 2024 | 174 | 174 | ||
| Additional paid-in capital | 90,782 | 90,587 | ||
| Accumulated other comprehensive income (loss) | -13 | -13 | ||
| Accumulated deficit | -92,262 | -90,689 | ||
| Total stockholders equity | 4,681 | 6,059 | ||
| Total liabilities and stockholders' equity | 28,353 | 31,585 | ||
IRIDEX CORP (IRIX)
IRIDEX CORP (IRIX)