The company has not filed an annual or quarterly report since its FY2020 10-K, filed Mar 1, 2021. Its latest SEC filing is a 15-12B from Mar 12, 2021.
10-K for FY2020, filed Mar 1, 2021
The sections below describe the company as of the FY2020 annual report.
Sold optical interconnect modules, signal-processing chips and silicon photonic circuits to network equipment manufacturers, network operators and cloud service providers.
10-K for FY2020, filed Mar 1, 2021Our mission is to deliver high-speed coherent optical interconnect products that transform communications networks, relied upon by cloud…View ↗
Customers bought products under purchase orders; Acacia invoiced each delivery when it shipped, and customers paid under their contractual terms. Products were generally shipped from Acacia's manufacturing site or delivered to the customer's named location.
10-K for FY2020, filed Mar 1, 2021The Company generates all of its revenue from contracts with customers. The Company considers customer purchase orders, which in many cases…View ↗
A receivable is recognized in the period the Company ships the product. Payment terms on invoiced amounts are based on contractual terms…View ↗
Revenue for product sales is recognized at the point in time when control transfers to the Company’s customers, which is generally when…View ↗
$583.5M
10-K for FY2020, filed Mar 1, 2021
$583.5M ↗
They bought through Acacia's direct sales force; prospective buyers tested systems and networks before placing high-volume orders, and the sales process often took a year or more.
10-K for FY2020, filed Mar 1, 2021
Yes. It kept 15 cents of every revenue dollar as net income in FY2020 and turned 20 cents into free cash flow.
10-K for FY2020, filed Mar 1, 2021
$89.3MView ↗
10-K for FY2020, filed Mar 1, 2021
$90.4MView ↗
10-K for FY2020, filed Mar 1, 2021
$118.2MView ↗
Grew. Revenue grew 22% in 4 years, from $478.4M in FY2016 to $583.5M in FY2020, about 5% a year.
Standalone semiconductors
The latest report described semiconductors as both built into modules and sold separately to customers; the older report described DSP chips and photonic circuits as integrated into module families.
10-K for FY2017, filed Feb 22, 2018 10-K for FY2020, filed Mar 1, 2021Our mission is to deliver high-speed coherent optical interconnect products that transform communications networks, relied upon by cloud…View ↗
Our mission is to deliver high-speed coherent optical interconnect products that transform communications networks, relied upon by cloud…View ↗
Higher-capacity modules
The latest report described modules covering transmission speeds that the older report said a module still in development would enable.
10-K for FY2017, filed Feb 22, 2018 10-K for FY2020, filed Mar 1, 2021Our mission is to deliver high-speed coherent optical interconnect products that transform communications networks, relied upon by cloud…View ↗
Our mission is to deliver high-speed coherent optical interconnect products that transform communications networks, relied upon by cloud…View ↗
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