Investor Presentaiton
Consolidated Balance Sheet
eMAGIN CORPORATION
CONDENSED CONSOLIDATED BALANCE SHEETS
(In thousands, except share data)
(unaudited)
ASSETS
Current assets:
Cash and cash equivalents
Restricted cash
Accounts receivable, net
Account receivable-due from govemment awards
Unbilled accounts receivable
Inventories
Prepaid expenses and other current assets
Total current assets
Property, plant and equipment, net
Operating lease right-of-use assets
Intangibles and other assets
Total assets
LIABILITIES AND SHAREHOLDERS' EQUITY
Current liabilities:
Accounts payable
Accrued compensation
Revolving credit facility, net
Other accrued expenses
Deferred revenue
Operating lease liability - current
Finance lease liability - current
Other current liabilities
Total current liabilities
Other liability - long term
Deferred income-government awards - long term
Finance lease liability - long term
Total liabilities
Commitments and contingencies (Note 8)
Shareholders' equity:
Preferred stock, $0.001 par value: authorized 10,000,000 shares:
Series B Convertible Preferred stock, (liquidation preference of $5,356) stated value $1,000 per share, $0.001 par value: 10,000 shares designated and 5,356 issued and outstanding as of March 31,
2023 and 5,356 issued and outstanding as of December 31, 2022.
Common stock, $0.001 par value: authorized 200,000,000 shares, issued 82,530,660 shares, outstanding 82,368,594 shares as of March 31, 2023 and issued 81,241,516 shares, outstanding
81,079,450 shares as of December 31, 2022.
Additional paid-in capital
Accumulated deficit
Treasury stock, 162,066 shares as of March 31, 2023 and December 31, 2022.
Total shareholders' equity
Total liabilities and shareholders' equity
AeMagin
March 31,
2023
December 31,
2022
$
3,849
$
4,346
303
303
5,513
7,035
501
2.665
2.438
8,804
8,709
688
594
21.822
23,926
51.171
49,099
37
53
27
29
$
73,057
$
73,107
$
1,199
$
2,077
1,856
1,662
1,037
961
659
12
12
38
54
1,229
1,229
471
231
5,766
6,961
14
14
31,136
28.729
13.545
50,461
13,608
49,312
82
284,002
(260,988)
(500)
22,596
$
73,057
$
See notes to Condensed Consolidated Financial Statements.
©2023 eMagin Corporation
27
80
282,582
(258,367)
(500)
23,795
73.107View entire presentation