Company: CALX
Filing Date: 2025-10-30
Form Type: 10-Q
Source: 0001406666-25-000045
Chunk: 9

Company: CALIX, INC
Filing Date: 2025-10-30
Form: 10-Q
Item: Part I, Item 1
Chunk 9
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Common StockAdditional Paid-in CapitalAccumulated Other Comprehensive LossAccumulated DeficitTotal Stockholders’ EquitySharesAmountBalance as of December 31, 202466,434 $1,661 $1,170,017 $(612)$(390,126)$780,940 Stock-based compensation— — 66,672 — — 66,672 Issuance of common stock under equity incentive plans, net of forfeitures2,041 52 40,771 — — 40,823 Repurchases of common stock(2,225)(56)(76,954)— — (77,010)Net income— — — — 10,672 10,672 Other comprehensive income— — — 409 — 409 Balance as of September 27, 202566,250 $1,657 $1,200,506 $(203)$(379,454)$822,506 

Common StockAdditional Paid-in CapitalAccumulated Other Comprehensive Income (Loss)Accumulated DeficitTotal Stockholders’ EquitySharesAmountBalance as of December 31, 202365,052 $1,627 $1,078,393 $(659)$(360,379)$718,982 Stock-based compensation— — 48,686 — — 48,686 Issuance of common stock under equity incentive plans, net of forfeitures1,380 34 25,398 — — 25,432 Repurchases of common stock(114)(3)(3,735)— — (3,738)Net loss— — — — (11,823)(11,823)Other comprehensive income— — — 1,149 — 1,149 Balance as of September 28, 202466,318 $1,658 $1,148,742 $490 $(372,202)$778,688 

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)

 Nine Months EndedSeptember 27,2025September 28,2024Operating activities:Net income (loss)$10,672 $(11,823)Adjustments to reconcile net income (loss) to net cash provided by