IRIX: the balance sheet

MyFinsight

For the quarter ending 2026-04-04, IRIX has $28,274K in assets. $23,542K in debts. $4,595K in cash and cash equivalents.

Balance Sheets Overview

Current Ratio
191.64%
Quick Ratio
118.95%
Cash Ratio
35.82%
Debt to Asset Ratio
83.26%
Unit: Thousand (K) dollars
Assets Breakdown
Accounts receivable, net
Cash and cash equivalents
Prepaid expenses and other curre...
Others
Liabilities Breakdown
Accumulated deficit
Additional paid-in capital
Deferred revenue
Others

Balance Sheets	2026-04-04	2026-01-03	2025-09-27	2025-06-28
Cash and cash equivalents	4,595	6,028	5,573	6,778
Accounts receivable, net	6,844	7,613	7,132	7,137
Receivable from related party	1,572	1,932	2,398	2,893
Inventories	9,325	7,877	7,301	8,435
Prepaid expenses and other current assets	2,248	1,802	1,662	1,625
Total current assets	24,584	25,252	24,066	26,868
Property and equipment, net	139	58	23	40
Gross carrying value	2,539	2,539	2,539	-
Accumulated amortization	1,635	1,555	1,475	-
Goodwill	-	-	-	1,000
Intangible assets, net	904	984	1,064	1,144
Goodwill	965	965	965	965
Operating lease right-of-use assets, net	496	768	1,039	1,295
Other long-term assets	1,186	1,124	1,196	1,273
Total assets	28,274	29,151	28,353	31,585

Accounts payable	5,753	5,385	4,409	5,314
Payable to related party	301	117	213	435
Accrued compensation	1,718	2,340	1,932	1,861
Convertible note payable, current	-	0	0	0
Accrued expenses	692	608	592	584
Other current liabilities	1,900	1,899	2,010	2,101
Deferred revenue, current	2,040	2,160	2,208	2,269
Operating lease liabilities, current	424	699	1,028	1,145
Total current liabilities	12,828	13,208	12,392	13,709
Deferred revenue	6,422	6,801	7,208	7,587
Operating lease liabilities	87	98	52	248
Convertible note payable	3,765	3,735	3,705	3,675
Other long-term liabilities	440	387	315	307
Total liabilities	23,542	24,229	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 both april 4, 2026 and january 3, 2026 (liquidation preference of 6.0 million as of both april 4, 2026 and january 3, 2026)	6,000	6,000	6,000	6,000
Common stock, 0.01 par value authorized 63,500,000 shares issued and outstanding 17,395,350 shares as of april 4, 2026 and 17,306,521 as of january 3, 2026	174	174	174	174
Additional paid-in capital	91,538	91,208	90,782	90,587
Accumulated other comprehensive loss	-10	-14	-13	-13
Accumulated deficit	-92,970	-92,446	-92,262	-90,689
Total stockholders equity	4,732	4,922	4,681	6,059
Total liabilities, convertible preferred stock, and stockholders' equity	28,274	29,151	28,353	31,585

Unit: Thousand (K) dollars (except for numbers of shares and EPS). Numbers labeled with * are estimated quarterly values.

MyFinsight

Balance Sheets Overview

Time Plot

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Balance Sheets

Balance Sheets Overview

Time Plot

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Balance Sheets

Balance Sheets Overview

Current Ratio191.64%Quick Ratio118.95%Cash Ratio35.82%Debt to Asset Ratio83.26%Unit: Thousand (K) dollarsAssets BreakdownAccounts receivable, netCash and cash equivalentsPrepaid expenses and other curre...OthersLiabilities BreakdownAccumulated deficitAdditional paid-in capitalDeferred revenueOthers

Time Plot

Show the time plot by selecting a row from the table.

Balance Sheets

Balance Sheets Overview

Current Ratio191.64%Quick Ratio118.95%Cash Ratio35.82%Debt to Asset Ratio83.26%Unit: Thousand (K) dollarsAssets BreakdownAccounts receivable, netCash and cash equivalentsPrepaid expenses and other curre...OthersLiabilities BreakdownAccumulated deficitAdditional paid-in capitalDeferred revenueOthers

Time Plot

Show the time plot by selecting a row from the table.

Balance Sheets