Company: GCTS
Filing Date: 2025-03-26
Form Type: 424B3
Source: 0000929638-25-001279
Chunk: 150

Company: GCT Semiconductor Holding, Inc.
Filing Date: 2025-03-26
Form: 424B3
Chunk 150
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 2023 |     |              |       |
|:--------------------------|:----|:--------|------------------:|:----|:-------------|------:|:----|:--------|------------------:|:----|:-------------|------:|
|                           |     | Anapass |                   |     | Kyeongho Lee |       |     | Anapass |                   |     | Kyeongho Lee |       |
| Borrowings                |     | $       |            12,245 |     | $            | 5,517 |     | $       |            10,082 |     | $            | 1,474 |
| Other current liabilities |     |         |                14 |     |              |    86 |     |         |               212 |     |              |   182 |

For each of the years ended December 31, 2024 and 2023, the Company recorded $0.5 million of interest expense with Anapass, Inc. in the consolidated statements of operations. Interest expense related to the Company’s arrangements with Kyeongho Lee was $0.1 million for each of the years ended December 31, 2024 and 2023.

15. Segments and Information The Company operates in one reportable segment. The Company’s chief operating decision maker is its Chief Executive Officer . When evaluating the Company’s financial performance and making strategic decisions, the chief operating decision maker utilizes consolidated revenue, operating expenses, and other income and expenses and does not regularly review this information except as presented in the consolidated financial statements. Long-lived assets by geographic region were as follows (in thousands):

|               |     |   | December 31, 2024 |     |   | December 31, 2023 |
|:--------------|:----|:--|------------------:|:----|:--|------------------:|
| South Korea   |     | $ |               877 |     | $ |             1,363 |
| United States |     |   |               841 |     |   |               930 |
| Total         |     | $ |             1,718 |     | $ |             2,293 |

16. Net Loss Per Share

The following outstanding potentially dilutive common stock equivalents were excluded from the computation of diluted net loss per share for the periods indicated because including them would have been antidilutive (in thousands):

|                                |     | December