Company: GCTS
Filing Date: 2025-03-25
Form Type: 10-K
Source: 0000950170-25-044438
Chunk: 256

Company: GCT Semiconductor Holding, Inc.
Filing Date: 2025-03-25
Form: 10-K
Item: Item 8
Chunk 256
---

    Total assets
     
    $
    19,897

    $
    16,428

    Liabilities and Stockholders’ Deficit

    Current liabilities:

    Accounts payable
     
    $
    1,031

    $
    17,814

    Contract liabilities

    48

    48

    Accrued and other current liabilities

    21,205

    23,956

    Common stock forward liability

    315

    —

    Borrowings

    37,626

    44,509

    Convertible promissory notes, current

    —

    27,794

    Operating lease liabilities, current

    697

    680

    Total current liabilities

    60,922

    114,801

    Convertible promissory notes, net of current

    4,947

    6,239

    Net defined benefit liabilities

    7,055

    7,689

    Long-term operating lease liabilities

    177

    850

    Income taxes payable

    2,076

    2,178

    Warrant liabilities

    3,750

    —

    Other liabilities

    285

    108

    Total liabilities

    79,212

    131,865

    Commitments and contingencies (Note 8)

    Stockholders’ deficit:

    Preferred stock, par value $0.0001 per share; 40,000 and 82,352 shares authorized as of   December 31, 2024 and December 31, 2023, respectively; no shares issued and    outstanding as of December 31, 2024 and December 31, 2023

    —

    —

    Common stock, par value $0.0001 per share; 400,000 and 200,000 shares authorized as of   December 31, 2024 and December 31, 2023, respectively; 47,987 and 24,166 shares   issued and outstanding as of December 31, 2024 and December 31, 2023, respectively(1)

    5

    3

    Additional paid-in capital(1)

    501,195

    435,752

    Accumulated other comprehensive income (loss)