Company: AIP
Filing Date: 2025-11-04
Form Type: 10-Q
Source: 0001628280-25-048977
Chunk: 4

Company: Arteris, Inc.
Filing Date: 2025-11-04
Form: 10-Q
Item: Part I, Item 1
Chunk 4
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583 $37 $118,193 $120 $(103,247)$15,103 Issuance of common stock upon exercise of stock options660,648 1 702 — — 703 Issuance of common stock for settlement of RSUs1,948,245 2 (2)— — — Stock-based compensation expense— — 11,785 — — 11,785 Unrealized gains on available-for-sale securities, net of tax— — — 52 — 52 Net loss— — — — (25,434)(25,434)BALANCE—September 30, 202440,127,476 $40 $130,678 $172 $(128,681)$2,209 

See accompanying notes to unaudited condensed consolidated financial statements.

7

Arteris, Inc.

Condensed Consolidated Statements of Cash Flows

(In thousands)

(Unaudited)

Nine Months EndedSeptember 30,20252024CASH FLOWS FROM OPERATING ACTIVITIES:Net loss$(26,242)$(25,434)Adjustments to reconcile net loss to net cash provided by operating activities:Depreciation and amortization2,532 2,474 Stock-based compensation13,765 11,807 Amortization of deferred income(882)(885)Loss from equity method investment2,079 2,064 Net accretion of discounts on available-for-sale securities(306)(522)Other, net390 124 Changes in operating assets and liabilities:Accounts receivable, net4,128 3,288 Prepaid expenses and other assets(3,740)(1,249)Accounts payable(77)(43)Accrued expenses and other liabilities1,666 1,494 Deferred revenue10,250 8,793 Net cash provided by operating activities3,563 1,911 CASH FLOWS FROM INVESTING ACTIVITIES:Purchases of property and equipment(1,254)(274)Purchases of available-for-sale securities(25,308)(25,997)Proceeds from maturities of available-for-sale securities and other25,515 29,169 Net cash (used in) provided by investing activities(1,047)2,898 CASH FLOWS FROM FINANCING ACTIVITIES:Principal payments under vendor financing arrangements