Company: STAA
Filing Date: 2025-02-21
Form Type: 10-K
Source: 0000950170-25-024813
Chunk: 152

Company: STAAR SURGICAL CO
Filing Date: 2025-02-21
Form: 10-K
Item: Item 7
Chunk 152
---
    $
    70,306

    $
    65,036

    $
    51,716

    $
    5,270

    $
    13,320

    Working capital
     
    $
    297,634

    $
    300,233

    $
    260,007

    $
    (2,599
    )
     
    $
    40,226

Cash and cash equivalents include cash and balances in deposits and money market accounts held at banks and financial institutions.  Our investment policy primary objective is capital preservation while maximizing our return on investment. Investments available for sale may include U.S. government and corporate debt securities, commercial paper, certain certificates deposit and related security types, that are rated by two nationally recognized statistical rating organizations with minimum investment grade ratings of AAA to A-/A-1+ to A-2, or the equivalent.  The maturity of individual investments may not extend 24 months from the date of purchase. There are also limits to the amount of credit exposure in any given security type. We do not have any off-balance sheet arrangements.

39

Our current liquidity and capital resources, as discussed above, will enable us to meet our known contractual obligations as of December 27, 2024 (in thousands):

    Payments Due by Period

    Contractual Obligations
     
    Total

    1 Year

    2 – 3 Years

    4 – 5 Years

    More than 5 Years

    Finance lease obligations (Note 8)*
     
    $
    42

    $
    42

    $
    —

    $
    —

    $
    —

    Operating lease obligations (Note 8)*

    51,301

    6,449

    11,533

    14,076

    19,243

    Pension benefit payments (Note 10)*

    6,737

    137

    353

    4,171

    2,076

    Asset retirement obligation (Note 12)*

    42

    28

    —

    14

    —

    Open purchase orders (Note 12)*

    12,948

    11,536

    1,148

    264

    —

    Total
     
    $
    71,070

    $
    18,192

    $
    13,034