Company: CALX
Filing Date: 2025-07-22
Form Type: 10-Q
Source: 0001406666-25-000035
Chunk: 9

Company: CALIX, INC
Filing Date: 2025-07-22
Form: 10-Q
Item: Part I, Item 1
Chunk 9
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holders’ EquitySharesAmountBalance as of December 31, 202466,434 $1,661 $1,170,017 $(612)$(390,126)$780,940 Stock-based compensation— — 45,869 — — 45,869 Issuance of common stock under equity incentive plans, net of forfeitures1,025 26 24,171 — — 24,197 Repurchases of common stock including excise tax(2,165)(54)(73,791)— — (73,845)Net loss— — — — (4,986)(4,986)Other comprehensive income— — — 497 — 497 Balance as of June 28, 202565,294 $1,633 $1,166,266 $(115)$(395,112)$772,672 

Common StockAdditional Paid-in CapitalAccumulated Other Comprehensive LossAccumulated DeficitTotal Stockholders’ EquitySharesAmountBalance as of December 31, 202365,052 $1,627 $1,078,393 $(659)$(360,379)$718,982 Stock-based compensation— — 32,315 — — 32,315 Issuance of common stock under equity incentive plans, net of forfeitures862 21 14,813 — — 14,834 Repurchases of common stock(114)(3)(3,735)— — (3,738)Net loss— — — — (7,855)(7,855)Other comprehensive loss— — — (314)— (314)Balance as of June 29, 202465,800 $1,645 $1,121,786 $(973)$(368,234)$754,224 

See accompanying notes to condensed consolidated financial statements.

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Table of Contents

CALIX, INC.

CONDENSED CONSOLIDATED STATEMENTS OF CASH FLOWS

(In thousands, unaudited)

 Six Months EndedJune 28,2025June 29,2024Operating activities:Net loss$(4,986)$(7,855)Adjustments to reconcile net loss to net cash provided by operating activities:Stock-based compensation45,357 32,315 Depreciation and amortization8,613 9,988