Company: AIP
Filing Date: 2025-05-13
Form Type: 10-Q
Source: 0001667011-25-000022
Chunk: 3

Company: Arteris, Inc.
Filing Date: 2025-05-13
Form: 10-Q
Item: Part I, Item 1
Chunk 3
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(In thousands)

(Unaudited)

Three Months EndedMarch 31,20252024CASH FLOWS FROM OPERATING ACTIVITIES:Net loss$(8,121)$(9,403)Adjustments to reconcile net loss to net cash provided by operating activities:Depreciation and amortization844 833 Stock-based compensation4,313 3,657 Amortization of deferred income(291)(294)Loss from equity method investment815 759 Net accretion of discounts on available-for-sale securities(128)(181)Other, net183 31 Changes in operating assets and liabilities:Accounts receivable, net10,339 (262)Prepaid expenses and other assets(911)479 Accounts payable(308)546 Accrued expenses and other liabilities(1,977)904 Deferred revenue(1,898)3,408 Net cash provided by operating activities2,860 477 CASH FLOWS FROM INVESTING ACTIVITIES:Purchases of property and equipment(183)(196)Purchases of available-for-sale securities(8,738)(3,421)Proceeds from maturities of available-for-sale securities and other8,800 15,519 Net cash (used in) provided by investing activities(121)11,902 CASH FLOWS FROM FINANCING ACTIVITIES:Principal payments under vendor financing arrangements(227)(197)Proceeds from exercise of stock options148 241 Other financing activities27 — Net cash (used in) provided by financing activities(52)44 NET INCREASE IN CASH, CASH EQUIVALENTS AND RESTRICTED CASH2,687 12,423 CASH, CASH EQUIVALENTS AND RESTRICTED CASH, beginning of period14,072 14,084 CASH, CASH EQUIVALENTS AND RESTRICTED CASH, end of period$16,759 $26,507 

Cash, cash equivalents and restricted cash at end of period:    Cash and cash equivalents    $16,371 $26,119 Restricted cash, current98 — Restricted cash, noncurrent290 388 Cash, cash equivalents and restricted cash at end of period    $16,759 $26,507 Noncash activities:Operating lease right-of-use assets, exchanged for lease obligations$746 $— 

See accompanying notes to una