Company: AIP
Filing Date: 2025-11-04
Form Type: 10-Q
Source: 0001628280-25-048977
Chunk: 5

Company: Arteris, Inc.
Filing Date: 2025-11-04
Form: 10-Q
Item: Part I, Item 1
Chunk 5
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(882)(1,438)Proceeds from exercise of stock options1,523 703 Proceeds from employee stock purchase plan535 — Other financing activities99 59 Net cash provided by (used in) financing activities1,275 (676)NET INCREASE IN CASH, CASH EQUIVALENTS AND RESTRICTED CASH3,791 4,133 CASH, CASH EQUIVALENTS AND RESTRICTED CASH, beginning of period14,072 14,084 CASH, CASH EQUIVALENTS AND RESTRICTED CASH, end of period$17,863 $18,217 

Cash, cash equivalents and restricted cash at end of period:    Cash and cash equivalents    $17,417 $17,829 Restricted cash, current97 — Restricted cash, noncurrent349 388 Cash, cash equivalents and restricted cash at end of period    $17,863 $18,217 Noncash activities:Purchase of property and equipment through vendor financing$1,738 $— Operating lease right-of-use assets, exchanged for lease obligations$1,151 $464 

See accompanying notes to unaudited condensed consolidated financial statements.

8

ARTERIS, INC.

NOTES TO UNAUDITED CONDENSED CONSOLIDATED FINANCIAL STATEMENTS

1.    DESCRIPTION OF BUSINESS

Arteris, Inc. was incorporated in Delaware on April 12, 2004. Arteris, Inc. and its subsidiaries (collectively, the Company or Arteris) develop, license, and support the on-chip interconnect fabric technology used in System-on-Chip (SoC) designs for a variety of devices and in the development and distribution of Networks-on-Chip (NoC) interconnect intellectual property (IP). The Company also provides software and services to enable efficient deployment of NoC IP, IP support & maintenance services, professional services and training and on-site support services. The Company is headquartered in Campbell, California and has offices in the United States, France, Poland, Japan, South Korea, Taiwan and China. 

2.    BASIS OF PRESENTATION AND SUMMARY OF SIGNIFICANT ACCOUNTING POLICIES

Basis of PresentationThe accompanying unaudited condensed consolidated financial statements have been prepared in accordance with generally accepted accounting principles in the United States (GAAP) for interim financial information and do