Company: STAA
Filing Date: 2025-08-06
Form Type: 10-Q
Source: 0000950170-25-103982
Chunk: 0

Company: STAAR SURGICAL CO
Filing Date: 2025-08-06
Form: 10-Q
Item: Part I, Item 1
Chunk 0
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STAAR SURGICAL COMPANY 

CONDENSED CONSOLIDATED BALANCE SHEETS

(In thousands, except par value amounts)

(Unaudited)

     June 27, 2025

     December 27, 2024

     ASSETS

     Current assets:

     Cash and cash equivalents
      
     $
     167,131

     $
     144,159

     Investments available for sale (amortized cost basis of $22,755 and $86,346 at June 27, 2025 and December 27, 2024, respectively)

     22,752

     86,335

     Accounts receivable trade, net of allowance for credit losses of   $96 and $32 at June 27, 2025 and December 27, 2024, respectively

     34,440

     77,897

     Inventories, net

     53,107

     43,305

     Prepayments, deposits and other current assets

     15,362

     16,244

     Total current assets

     292,792

     367,940

     Property, plant and equipment, net

     74,417

     84,889

     Finance lease right-of-use assets, net

     —

     37

     Operating lease right-of-use assets, net

     33,027

     36,850

     Goodwill

     1,786

     1,786

     Deferred income taxes

     11,893

     788

     Other assets

     23,866

     17,234

     Total assets
      
     $
     437,781

     $
     509,524

     LIABILITIES AND STOCKHOLDERS’ EQUITY

     Current liabilities:

     Accounts payable
      
     $
     12,345

     $
     16,704

     Obligations under finance leases

     —

     42

     Obligations under operating leases

     5,103

     3,894

     Allowance for sales returns

     4,726

     6,579

     Other current liabilities

     37,054

     43,087

     Total current liabilities

     59,228

     70,306

     Obligations under operating leases

     35,417