Company: GCTS
Filing Date: 2025-03-25
Form Type: 10-K
Source: 0000950170-25-044438
Chunk: 259

Company: GCT Semiconductor Holding, Inc.
Filing Date: 2025-03-25
Form: 10-K
Item: Item 8
Chunk 259
---
 December 31, 2023(1)

    24,166

    3

    435,752

    (1,538
    )

    (549,654
    )

    (115,437
    )

    Reverse recapitalization transaction, net of transaction costs   and acquired liabilities

    21,667

    2

    50,031

    —

    —

    50,033

    Issuance of common stock under common stock purchase   agreement

    2,364

    —

    9,790

    —

    —

    9,790

    Issuance of commitment shares in connection with common   stock purchase agreement

    57

    —

    —

    —

    —

    —

    Issuance of common stock to underwriter

    110

    —

    667

    —

    —

    667

    Issuance of common stock and common stock warrants in a    private placement

    742

    —

    2,240

    —

    —

    2,240

    Issuance of common stock upon exercise of stock options

    133

    —

    15

    —

    —

    15

    Release of vested restricted stock units

    98

    —

    —

    —

    —

    —

    Forfeiture of unvested sponsor earnout shares

    (1,350
    )

    —

    —

    —

    —

    —

    Stock-based compensation

    —

    —

    2,700

    —

    —

    2,700

    Foreign currency translation adjustment

    —

    —

    —

    3,056

    —

    3,056

    Net loss

    —

    —

    —

    —

    (12,379
    )

    (12,379
    )

    Balance as of December 31, 2024

    47,987

    $
    5

    $
    501,195

    $
    1,518

    $
    (562,033
    )
     
    $
    (59,315
    )

(1)Amounts as of December 31, 2023 and before that date differ from those in prior year consolidated financial statements as they were retrospectively adjusted as a result of the accounting for the Business Combination (as defined in the Notes to the Consolidated