Company: STAA
Filing Date: 2025-05-07
Form Type: 10-Q
Source: 0000950170-25-065665
Chunk: 0

Company: STAAR SURGICAL CO
Filing Date: 2025-05-07
Form: 10-Q
Item: Part I, Item 1
Chunk 0
---
STAAR SURGICAL COMPANY 

CONDENSED CONSOLIDATED BALANCE SHEETS

(In thousands, except par value amounts)

(Unaudited)

     March 28, 2025

     December 27, 2024

     ASSETS

     Current assets:

     Cash and cash equivalents
      
     $
     173,114

     $
     144,159

     Investments available for sale (amortized cost basis of $49,659 and $86,346 at March 28, 2025 and December 27, 2024, respectively)

     49,647

     86,335

     Accounts receivable trade, net of allowance for credit losses of   $72 and $32 at March 28, 2025 and December 27, 2024, respectively

     39,949

     77,897

     Inventories, net

     48,143

     43,305

     Prepayments, deposits and other current assets

     15,645

     16,244

     Total current assets

     326,498

     367,940

     Property, plant and equipment, net

     74,957

     84,889

     Finance lease right-of-use assets, net

     —

     37

     Operating lease right-of-use assets, net

     31,047

     36,850

     Goodwill

     1,786

     1,786

     Deferred income taxes

     4,002

     788

     Other assets

     19,074

     17,234

     Total assets
      
     $
     457,364

     $
     509,524

     LIABILITIES AND STOCKHOLDERS’ EQUITY

     Current liabilities:

     Accounts payable
      
     $
     11,465

     $
     16,704

     Obligations under finance leases

     —

     42

     Obligations under operating leases

     3,560

     3,894

     Allowance for sales returns

     5,644

     6,579

     Other current liabilities

     47,687

     43,087

     Total current liabilities

     68,356

     70,306

     Obligations under operating leases

     33,118