Company: STAA
Filing Date: 2025-02-21
Form Type: 10-K
Source: 0000950170-25-024813
Chunk: 81

Company: STAAR SURGICAL CO
Filing Date: 2025-02-21
Form: 10-K
Item: Item 1B
Chunk 81
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 of credit exposure in any given security type. We do not have any off-balance sheet arrangements.

39

Our current liquidity and capital resources, as discussed above, will enable us to meet our known contractual obligations as of December 27, 2024 (in thousands):

    Payments Due by Period

    Contractual Obligations
     
    Total

    1 Year

    2 – 3 Years

    4 – 5 Years

    More than 5 Years

    Finance lease obligations (Note 8)*
     
    $
    42

    $
    42

    $
    —

    $
    —

    $
    —

    Operating lease obligations (Note 8)*

    51,301

    6,449

    11,533

    14,076

    19,243

    Pension benefit payments (Note 10)*

    6,737

    137

    353

    4,171

    2,076

    Asset retirement obligation (Note 12)*

    42

    28

    —

    14

    —

    Open purchase orders (Note 12)*

    12,948

    11,536

    1,148

    264

    —

    Total
     
    $
    71,070

    $
    18,192

    $
    13,034

    $
    18,525

    $
    21,319

*	Refer to the Notes to the Consolidated Financial Statements in this Annual Report on Form 10-K.

Overview of changes in cash and cash equivalents and other working capital accounts

The following table presents a summary of cash flows for the fiscal years presented (dollars in thousands):

    2024

    2023

    2022

    Cash flows from:

    Operating activities
     
    $
    15,725

    $
    14,594

    $
    35,715

    Investing activities

    (59,217
    )

    74,347

    (156,376
    )

    Financing activities

    5,724

    7,415

    8,297

    Effect of exchange rate changes

    (1,111
    )

    202

    (862
    )

    Net change in cash and cash equivalents

    (38,879