2024 Q1 Form 10-K Financial Statement

#000091727324000028 Filed on February 23, 2024

View on sec.gov

Income Statement

Concept 2024 Q1 2023 Q4 2023
Revenue $117.9M $122.2M $461.1M
YoY Change 3.61% -0.12% 1.39%
Cost Of Revenue $23.66M $24.12M $103.4M
YoY Change -25.31% -27.76% -3.86%
Gross Profit $94.21M $98.11M $357.7M
YoY Change 14.77% 10.26% 3.02%
Gross Profit Margin 79.93% 80.27% 77.57%
Selling, General & Admin $25.83M $25.67M $108.1M
YoY Change -16.59% -6.02% 1.34%
% of Gross Profit 27.41% 26.16% 30.23%
Research & Development $37.36M $35.99M $156.8M
YoY Change -10.83% -10.31% -1.22%
% of Gross Profit 39.65% 36.68% 43.84%
Depreciation & Amortization $7.723M $195.0K $1.217M
YoY Change -12.97% -98.43% -95.32%
% of Gross Profit 8.2% 0.2% 0.34%
Operating Expenses $64.08M $62.94M $275.4M
YoY Change -20.04% -7.22% 1.91%
Operating Profit $30.13M $35.16M $82.27M
YoY Change 1451.54% 66.35% 6.92%
Interest Expense $366.0K $3.838M $9.837M
YoY Change -3.94% 993.45% 424.92%
% of Operating Profit 1.21% 10.91% 11.96%
Other Income/Expense, Net $4.221M $23.92M $23.92M
YoY Change 174.09% -128.22%
Pretax Income $34.35M $62.89M $187.2M
YoY Change 886.56% 281.42% -1223.21%
Income Tax $1.500M $4.348M -$146.7M
% Of Pretax Income 4.37% 6.91% -78.41%
Net Earnings $32.90M $58.55M $333.9M
YoY Change 902.68% 267.08% -2433.36%
Net Earnings / Revenue 27.91% 47.9% 72.41%
Basic Earnings Per Share $0.30 $3.09
Diluted Earnings Per Share $0.30 $0.53 $3.01
COMMON SHARES
Basic Shares Outstanding 107.9M shares 108.2M shares
Diluted Shares Outstanding 110.0M shares 110.9M shares

Balance Sheet

Concept 2024 Q1 2023 Q4 2023
SHORT-TERM ASSETS
Cash & Short-Term Investments $391.1M $425.8M $425.8M
YoY Change 33.86% 35.95% 35.95%
Cash & Equivalents $112.6M $94.77M $94.77M
Short-Term Investments $278.4M $331.1M $331.1M
Other Short-Term Assets $12.38M $34.85M $34.85M
YoY Change -15.25% 189.89% 189.89%
Inventory $47.60M $36.15M $36.15M
Prepaid Expenses
Receivables $86.94M $133.8M $133.8M
Other Receivables $0.00 $0.00 $0.00
Total Short-Term Assets $576.5M $630.6M $630.6M
YoY Change 16.98% 19.62% 19.62%
LONG-TERM ASSETS
Property, Plant & Equipment $67.28M $89.31M $89.31M
YoY Change -24.74% 3.54% -19.11%
Goodwill $286.8M $286.8M
YoY Change -1.79% -1.79%
Intangibles $25.52M $28.77M
YoY Change -45.63% -43.46%
Long-Term Investments
YoY Change
Other Assets $1.408M $136.3M $136.3M
YoY Change -61.22% 3478.47% 325.13%
Total Long-Term Assets $632.4M $625.5M $625.5M
YoY Change 34.59% 28.87% 28.87%
TOTAL ASSETS
Total Short-Term Assets $576.5M $630.6M $630.6M
Total Long-Term Assets $632.4M $625.5M $625.5M
Total Assets $1.209B $1.256B $1.256B
YoY Change 25.58% 24.05% 24.05%
SHORT-TERM LIABILITIES
YoY Change
Accounts Payable $24.78M $18.07M $18.07M
YoY Change 36.75% -27.17% -27.17%
Accrued Expenses $17.41M $21.96M $21.96M
YoY Change -13.79% -13.98% -13.98%
Deferred Revenue $16.40M $17.39M
YoY Change -21.33% -27.11%
Short-Term Debt $0.00 $0.00 $0.00
YoY Change
Long-Term Debt Due $0.00 $0.00
YoY Change -100.0% -100.0%
Total Short-Term Liabilities $82.61M $89.12M $89.12M
YoY Change -14.11% -29.66% -29.66%
LONG-TERM LIABILITIES
Long-Term Debt $0.00 $0.00 $0.00
YoY Change
Other Long-Term Liabilities $18.96M $124.4M $124.4M
YoY Change -58.76% 166.75% 52.47%
Total Long-Term Liabilities $18.96M $124.4M $124.4M
YoY Change -58.76% 166.75% 52.47%
TOTAL LIABILITIES
Total Short-Term Liabilities $82.61M $89.12M $89.12M
Total Long-Term Liabilities $18.96M $124.4M $124.4M
Total Liabilities $217.2M $218.0M $218.0M
YoY Change 8.13% -6.54% -6.54%
SHAREHOLDERS EQUITY
Retained Earnings -$300.6M -$285.5M
YoY Change -42.35% -44.37%
Common Stock $1.294B $1.325B
YoY Change 0.57% 2.11%
Preferred Stock
YoY Change
Treasury Stock (at cost)
YoY Change
Treasury Stock Shares
Shareholders Equity $991.6M $1.038B $1.038B
YoY Change
Total Liabilities & Shareholders Equity $1.209B $1.256B $1.256B
YoY Change 25.58% 24.05% 24.05%

Cashflow Statement

Concept 2024 Q1 2023 Q4 2023
OPERATING ACTIVITIES
Net Income $32.90M $58.55M $333.9M
YoY Change 902.68% 267.08% -2433.36%
Depreciation, Depletion And Amortization $7.723M $195.0K $1.217M
YoY Change -12.97% -98.43% -95.32%
Cash From Operating Activities $39.12M $54.89M $195.8M
YoY Change 0.55% 7.01% -15.02%
INVESTING ACTIVITIES
Capital Expenditures $3.008M $740.0K $23.24M
YoY Change -61.13% -84.67% 32.97%
Acquisitions $0.00
YoY Change -100.0%
Other Investing Activities $74.38M -$87.46M -$34.16M
YoY Change -2606.84% 44.11% -119.81%
Cash From Investing Activities $71.37M -$88.30M -$57.40M
YoY Change -766.7% 34.77% -137.77%
FINANCING ACTIVITIES
Cash Dividend Paid
YoY Change
Common Stock Issuance & Retirement, Net
YoY Change
Debt Paid & Issued, Net
YoY Change
Cash From Financing Activities -$92.35M -4.223M -$169.6M
YoY Change 70.35% 68.05% -53.26%
NET CHANGE
Cash From Operating Activities $39.12M 54.89M $195.8M
Cash From Investing Activities $71.37M -88.30M -$57.40M
Cash From Financing Activities -$92.35M -4.223M -$169.6M
Net Change In Cash $17.85M -37.63M -$30.93M
YoY Change -169.13% 124.82% -277.44%
FREE CASH FLOW
Cash From Operating Activities $39.12M $54.89M $195.8M
Capital Expenditures $3.008M $740.0K $23.24M
Free Cash Flow $36.11M $54.15M $172.5M
YoY Change 15.86% 16.54% -18.96%

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CY2021 us-gaap Interest Expense
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NetIncomeLoss
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ShareBasedCompensation
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ShareBasedCompensation
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CY2022 us-gaap Amortization Of Financing Costs And Discounts
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DerivativeGainLossOnDerivativeNet
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DerivativeGainLossOnDerivativeNet
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DerivativeGainLossOnDerivativeNet
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CY2022 us-gaap Deferred Income Tax Expense Benefit
DeferredIncomeTaxExpenseBenefit
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CY2021 us-gaap Deferred Income Tax Expense Benefit
DeferredIncomeTaxExpenseBenefit
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90784000 usd
CY2022 us-gaap Disposal Group Not Discontinued Operation Gain Loss On Disposal
DisposalGroupNotDiscontinuedOperationGainLossOnDisposal
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CY2021 us-gaap Disposal Group Not Discontinued Operation Gain Loss On Disposal
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CY2023 us-gaap Gain Loss On Sale Of Stock In Subsidiary Or Equity Method Investee
GainLossOnSaleOfStockInSubsidiaryOrEquityMethodInvestee
23924000 usd
CY2022 us-gaap Gain Loss On Sale Of Stock In Subsidiary Or Equity Method Investee
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CY2021 us-gaap Gain Loss On Sale Of Stock In Subsidiary Or Equity Method Investee
GainLossOnSaleOfStockInSubsidiaryOrEquityMethodInvestee
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OtherAssetImpairmentCharges
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OtherAssetImpairmentCharges
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OtherAssetImpairmentCharges
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CY2022 us-gaap Equity Securities Fv Ni Realized Gain Loss
EquitySecuritiesFvNiRealizedGainLoss
3547000 usd
CY2021 us-gaap Equity Securities Fv Ni Realized Gain Loss
EquitySecuritiesFvNiRealizedGainLoss
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CY2023 us-gaap Business Combination Contingent Consideration Arrangements Change In Amount Of Contingent Consideration Liability1
BusinessCombinationContingentConsiderationArrangementsChangeInAmountOfContingentConsiderationLiability1
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CY2022 us-gaap Business Combination Contingent Consideration Arrangements Change In Amount Of Contingent Consideration Liability1
BusinessCombinationContingentConsiderationArrangementsChangeInAmountOfContingentConsiderationLiability1
3111000 usd
CY2021 us-gaap Business Combination Contingent Consideration Arrangements Change In Amount Of Contingent Consideration Liability1
BusinessCombinationContingentConsiderationArrangementsChangeInAmountOfContingentConsiderationLiability1
5300000 usd
CY2023 us-gaap Other Operating Activities Cash Flow Statement
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CY2022 us-gaap Other Operating Activities Cash Flow Statement
OtherOperatingActivitiesCashFlowStatement
2413000 usd
CY2021 us-gaap Other Operating Activities Cash Flow Statement
OtherOperatingActivitiesCashFlowStatement
989000 usd
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28931000 usd
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IncreaseDecreaseInAccountsReceivable
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IncreaseDecreaseInAccountsReceivable
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CY2023 us-gaap Increase Decrease In Contract With Customer Asset
IncreaseDecreaseInContractWithCustomerAsset
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IncreaseDecreaseInContractWithCustomerAsset
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CY2021 us-gaap Increase Decrease In Contract With Customer Asset
IncreaseDecreaseInContractWithCustomerAsset
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CY2023 us-gaap Increase Decrease In Prepaid Deferred Expense And Other Assets
IncreaseDecreaseInPrepaidDeferredExpenseAndOtherAssets
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CY2022 us-gaap Increase Decrease In Prepaid Deferred Expense And Other Assets
IncreaseDecreaseInPrepaidDeferredExpenseAndOtherAssets
89000 usd
CY2021 us-gaap Increase Decrease In Prepaid Deferred Expense And Other Assets
IncreaseDecreaseInPrepaidDeferredExpenseAndOtherAssets
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CY2023 us-gaap Increase Decrease In Inventories
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15254000 usd
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IncreaseDecreaseInInventories
12702000 usd
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CY2023 us-gaap Increase Decrease In Income Taxes Receivable
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CY2021 us-gaap Increase Decrease In Income Taxes Receivable
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CY2022 us-gaap Increase Decrease In Accounts Payable
IncreaseDecreaseInAccountsPayable
11975000 usd
CY2021 us-gaap Increase Decrease In Accounts Payable
IncreaseDecreaseInAccountsPayable
2195000 usd
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IncreaseDecreaseInOtherOperatingLiabilities
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CY2022 us-gaap Increase Decrease In Other Operating Liabilities
IncreaseDecreaseInOtherOperatingLiabilities
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IncreaseDecreaseInOtherOperatingLiabilities
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CY2023 us-gaap Increase Decrease In Accrued Income Taxes Payable
IncreaseDecreaseInAccruedIncomeTaxesPayable
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CY2022 us-gaap Increase Decrease In Accrued Income Taxes Payable
IncreaseDecreaseInAccruedIncomeTaxesPayable
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CY2021 us-gaap Increase Decrease In Accrued Income Taxes Payable
IncreaseDecreaseInAccruedIncomeTaxesPayable
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IncreaseDecreaseInDeferredRevenue
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PaymentsToAcquirePropertyPlantAndEquipment
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PaymentsToAcquirePropertyPlantAndEquipment
17478000 usd
CY2021 us-gaap Payments To Acquire Property Plant And Equipment
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CY2022 us-gaap Payments To Acquire Intangible Assets
PaymentsToAcquireIntangibleAssets
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CY2021 us-gaap Payments To Acquire Intangible Assets
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150949000 usd
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175854000 usd
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CY2022 us-gaap Proceeds From Sale Of Equity Securities Fv Ni
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3009000 usd
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CY2022 us-gaap Proceeds From Issuance Of Shares Under Incentive And Share Based Compensation Plans Including Stock Options
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CY2021 us-gaap Proceeds From Issuance Of Shares Under Incentive And Share Based Compensation Plans Including Stock Options
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CY2021 us-gaap Payments Related To Tax Withholding For Share Based Compensation
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CY2023 rmbs Payments Under Installment
PaymentsUnderInstallment
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CY2022 rmbs Payments Under Installment
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CY2021 rmbs Payments Under Installment
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CY2023 rmbs Proceeds From Retirement Of Convertible Senior Note Hedges
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CY2022 rmbs Proceeds From Retirement Of Convertible Senior Note Hedges
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CY2021 rmbs Proceeds From Retirement Of Convertible Senior Note Hedges
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PaymentsForRetirementOfWarrants
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CY2022 rmbs Payment Of Deferred Purchase Consideration From Acquisition
PaymentOfDeferredPurchaseConsiderationFromAcquisition
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CY2023 us-gaap Payments For Repurchase Of Common Stock
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CY2021 us-gaap Payments For Repurchase Of Common Stock
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CY2021 us-gaap Effect Of Exchange Rate On Cash Cash Equivalents Restricted Cash And Restricted Cash Equivalents
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CY2023 us-gaap Cash Cash Equivalents Restricted Cash And Restricted Cash Equivalents Period Increase Decrease Including Exchange Rate Effect
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CY2022 us-gaap Cash Cash Equivalents Restricted Cash And Restricted Cash Equivalents Period Increase Decrease Including Exchange Rate Effect
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17430000 usd
CY2021 us-gaap Cash Cash Equivalents Restricted Cash And Restricted Cash Equivalents Period Increase Decrease Including Exchange Rate Effect
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CY2021Q4 us-gaap Cash Cash Equivalents Restricted Cash And Restricted Cash Equivalents
CashCashEquivalentsRestrictedCashAndRestrictedCashEquivalents
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CY2020Q4 us-gaap Cash Cash Equivalents Restricted Cash And Restricted Cash Equivalents
CashCashEquivalentsRestrictedCashAndRestrictedCashEquivalents
129324000 usd
CY2023Q4 us-gaap Cash Cash Equivalents Restricted Cash And Restricted Cash Equivalents
CashCashEquivalentsRestrictedCashAndRestrictedCashEquivalents
94767000 usd
CY2022Q4 us-gaap Cash Cash Equivalents Restricted Cash And Restricted Cash Equivalents
CashCashEquivalentsRestrictedCashAndRestrictedCashEquivalents
125694000 usd
CY2021Q4 us-gaap Cash Cash Equivalents Restricted Cash And Restricted Cash Equivalents
CashCashEquivalentsRestrictedCashAndRestrictedCashEquivalents
108264000 usd
CY2023 us-gaap Interest Paid Net
InterestPaidNet
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CY2022 us-gaap Interest Paid Net
InterestPaidNet
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CY2021 us-gaap Interest Paid Net
InterestPaidNet
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CY2023 us-gaap Income Taxes Paid Net
IncomeTaxesPaidNet
25932000 usd
CY2022 us-gaap Income Taxes Paid Net
IncomeTaxesPaidNet
25275000 usd
CY2021 us-gaap Income Taxes Paid Net
IncomeTaxesPaidNet
22839000 usd
CY2023 us-gaap Noncash Or Part Noncash Acquisition Fixed Assets Acquired1
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21768000 usd
CY2022 us-gaap Noncash Or Part Noncash Acquisition Fixed Assets Acquired1
NoncashOrPartNoncashAcquisitionFixedAssetsAcquired1
39035000 usd
CY2021 us-gaap Noncash Or Part Noncash Acquisition Fixed Assets Acquired1
NoncashOrPartNoncashAcquisitionFixedAssetsAcquired1
12935000 usd
CY2023 us-gaap Stock Issued1
StockIssued1
16556000 usd
CY2022 us-gaap Stock Issued1
StockIssued1
0 usd
CY2021 us-gaap Stock Issued1
StockIssued1
0 usd
CY2023 rmbs Non Cash Operating Lease Right Of Use Assets Obtained In Exchange For Operating Lease Obligations
NonCashOperatingLeaseRightOfUseAssetsObtainedInExchangeForOperatingLeaseObligations
1690000 usd
CY2022 rmbs Non Cash Operating Lease Right Of Use Assets Obtained In Exchange For Operating Lease Obligations
NonCashOperatingLeaseRightOfUseAssetsObtainedInExchangeForOperatingLeaseObligations
5931000 usd
CY2021 rmbs Non Cash Operating Lease Right Of Use Assets Obtained In Exchange For Operating Lease Obligations
NonCashOperatingLeaseRightOfUseAssetsObtainedInExchangeForOperatingLeaseObligations
0 usd
CY2023 us-gaap Noncash Or Part Noncash Acquisition Noncash Financial Or Equity Instrument Consideration Shares Issued1
NoncashOrPartNoncashAcquisitionNoncashFinancialOrEquityInstrumentConsiderationSharesIssued1
0 shares
CY2022 us-gaap Noncash Or Part Noncash Acquisition Noncash Financial Or Equity Instrument Consideration Shares Issued1
NoncashOrPartNoncashAcquisitionNoncashFinancialOrEquityInstrumentConsiderationSharesIssued1
0 shares
CY2021 us-gaap Noncash Or Part Noncash Acquisition Noncash Financial Or Equity Instrument Consideration Shares Issued1
NoncashOrPartNoncashAcquisitionNoncashFinancialOrEquityInstrumentConsiderationSharesIssued1
6978000 shares
CY2023Q4 us-gaap Cash And Cash Equivalents Fair Value Disclosure
CashAndCashEquivalentsFairValueDisclosure
94767000 usd
CY2022Q4 us-gaap Cash And Cash Equivalents Fair Value Disclosure
CashAndCashEquivalentsFairValueDisclosure
125334000 usd
CY2021Q4 us-gaap Cash And Cash Equivalents Fair Value Disclosure
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107891000 usd
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0 usd
CY2022Q4 us-gaap Restricted Cash Current
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360000 usd
CY2021Q4 us-gaap Restricted Cash Current
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373000 usd
CY2023Q4 us-gaap Cash Cash Equivalents Restricted Cash And Restricted Cash Equivalents
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94767000 usd
CY2022Q4 us-gaap Cash Cash Equivalents Restricted Cash And Restricted Cash Equivalents
CashCashEquivalentsRestrictedCashAndRestrictedCashEquivalents
125694000 usd
CY2021Q4 us-gaap Cash Cash Equivalents Restricted Cash And Restricted Cash Equivalents
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108264000 usd
CY2023 us-gaap Nature Of Operations
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Formation and Business of the Company<div style="margin-bottom:8pt;text-indent:13.5pt"><span style="color:#000000;font-family:'Times New Roman',sans-serif;font-size:10pt;font-weight:400;line-height:120%">Rambus Inc. (“Rambus” or the “Company”) was incorporated in California in March 1990 and reincorporated in Delaware in March 1997. The Company offers a balanced and diverse portfolio of products and solutions across chips, silicon intellectual products (“IP”) and patent licensing with the goal of perpetuating strong company operating performance and delivering long-term stockholder value. The Company generates revenue by selling its semiconductor chip and licensing its IP products and inventions to market-leading companies.</span></div>As an industry pioneer with over 30 years of advanced semiconductor design experience, Rambus is dedicated to addressing the challenges of accelerating and protecting data in hardware for the data center and other growing markets. With the exponential increase in the complexity, size and number of advanced workloads, like generative artificial intelligence (“AI”), the demands on computing infrastructure continue to grow. Rambus is a leader in high-performance memory subsystems, providing chips, silicon IP and innovations that maximize the performance and security in computationally-intensive systems.
CY2021 us-gaap Weighted Average Number Of Diluted Shares Outstanding
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114865000 shares
CY2023 us-gaap Earnings Per Share Basic
EarningsPerShareBasic
3.09
CY2022 us-gaap Earnings Per Share Basic
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CY2023 us-gaap Use Of Estimates
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<div style="margin-bottom:8pt"><span style="color:#000000;font-family:'Times New Roman',sans-serif;font-size:10pt;font-style:italic;font-weight:700;line-height:120%">Use of Estimates</span></div><div style="margin-bottom:8pt;text-indent:13.5pt"><span style="color:#000000;font-family:'Times New Roman',sans-serif;font-size:10pt;font-weight:400;line-height:120%">The preparation of financial statements in conformity with generally accepted accounting principles requires management to make estimates and assumptions that affect the reported amounts of assets and liabilities and disclosure of contingent assets and liabilities at the date of the financial statements and the reported amounts of revenue and expenses during the reporting period. Actual results could differ from those estimates.</span></div>
CY2023 rmbs Debt Securities Available For Sale Securities Maximum Maturity Period
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P3Y
CY2023 us-gaap Concentration Risk Credit Risk
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<div style="margin-bottom:8pt"><span style="color:#000000;font-family:'Times New Roman',sans-serif;font-size:10pt;font-style:italic;font-weight:700;line-height:120%">Credit Concentration</span></div><div style="margin-bottom:8pt;text-indent:13.5pt"><span style="color:#000000;font-family:'Times New Roman',sans-serif;font-size:10pt;font-weight:400;line-height:120%">As of December 31, 2023 and 2022, the Company’s cash, cash equivalents and marketable securities were invested with various financial institutions in the form of corporate bonds, commercial paper and notes, money market funds, U.S. Treasuries and U.S. Government Agencies. The Company’s exposure to market risk for changes in interest rates relates primarily to its investment portfolio. The Company places its investments with high-credit issuers and, by investment policy, attempts to limit the amount of credit exposure to any one issuer. As stated in the Company’s investment policy, it will ensure the safety and preservation of the Company’s invested funds by limiting default risk and market risk. The Company has no investments denominated in foreign country currencies and therefore is not subject to foreign exchange risk from these assets. The Company holds cash, cash equivalents and marketable securities in excess of federally insured limits.</span></div><div style="margin-bottom:8pt;text-indent:13.5pt"><span style="color:#000000;font-family:'Times New Roman',sans-serif;font-size:10pt;font-weight:400;line-height:120%">The Company mitigates default risk by investing in high credit quality securities and by positioning its portfolio to respond appropriately to a significant reduction in a credit rating of any investment issuer or guarantor. The portfolio includes only marketable securities with active secondary or resale markets to enable portfolio liquidity.</span></div><div style="margin-bottom:8pt;text-indent:13.5pt"><span style="color:#000000;font-family:'Times New Roman',sans-serif;font-size:10pt;font-weight:400;line-height:120%">The Company’s accounts receivable are derived from revenue earned from customers located in the U.S. and internationally. Refer to Note 7, “Segments and Major Customers,” for additional information. </span></div><div style="margin-bottom:8pt;text-indent:13.5pt"><span style="color:#000000;font-family:'Times New Roman',sans-serif;font-size:10pt;font-weight:400;line-height:120%">The Company’s unbilled receivables are collected from customers located in the U.S. and internationally. Refer to Note 4, “Revenue Recognition,” for additional information.</span></div>
CY2023 us-gaap Debt Instrument Term
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P1M
CY2022 us-gaap Weighted Average Number Diluted Shares Outstanding Adjustment
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0 shares
CY2021 us-gaap Weighted Average Number Diluted Shares Outstanding Adjustment
WeightedAverageNumberDilutedSharesOutstandingAdjustment
4327000 shares
CY2023 us-gaap Weighted Average Number Of Diluted Shares Outstanding
WeightedAverageNumberOfDilutedSharesOutstanding
110889000 shares
CY2022 us-gaap Weighted Average Number Of Diluted Shares Outstanding
WeightedAverageNumberOfDilutedSharesOutstanding
109472000 shares
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CY2022Q4 us-gaap Contract With Customer Asset Gross
ContractWithCustomerAssetGross
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18085000 usd
CY2022Q4 us-gaap Contract With Customer Liability
ContractWithCustomerLiability
25421000 usd
CY2023 us-gaap Contract With Customer Liability Revenue Recognized
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20800000 usd
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CY2021 us-gaap Net Income Loss
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CY2022 us-gaap Weighted Average Number Of Shares Outstanding Basic
WeightedAverageNumberOfSharesOutstandingBasic
109472000 shares
CY2021 us-gaap Weighted Average Number Of Shares Outstanding Basic
WeightedAverageNumberOfSharesOutstandingBasic
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CY2023 us-gaap Weighted Average Number Diluted Shares Outstanding Adjustment
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CY2021 us-gaap Earnings Per Share Diluted
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CY2022 us-gaap Antidilutive Securities Excluded From Computation Of Earnings Per Share Amount
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Goodwill
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CY2021Q4 us-gaap Goodwill
Goodwill
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CY2022Q4 us-gaap Goodwill
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CY2022Q4 us-gaap Finite Lived Intangible Assets Accumulated Amortization
FiniteLivedIntangibleAssetsAccumulatedAmortization
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CY2023 us-gaap Amortization Of Intangible Assets
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14700000 usd
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CY2021 us-gaap Amortization Of Intangible Assets
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FiniteLivedIntangibleAssetsAmortizationExpenseYearThree
3739000 usd
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FiniteLivedIntangibleAssetsAmortizationExpenseYearFour
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CY2023Q4 us-gaap Finite Lived Intangible Assets Amortization Expense Year Five
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21369000 usd
CY2023Q4 us-gaap Indefinite Lived Intangible Assets Excluding Goodwill
IndefiniteLivedIntangibleAssetsExcludingGoodwill
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CY2023Q4 us-gaap Intangible Assets Net Excluding Goodwill
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28769000 usd
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DebtSecuritiesAvailableForSaleContinuousUnrealizedLossPositionLessThan12Months
78861000 usd
CY2022Q4 us-gaap Debt Securities Available For Sale Continuous Unrealized Loss Position Less Than12 Months
DebtSecuritiesAvailableForSaleContinuousUnrealizedLossPositionLessThan12Months
74431000 usd
CY2023Q4 us-gaap Debt Securities Available For Sale Continuous Unrealized Loss Position Less Than12 Months Accumulated Loss
DebtSecuritiesAvailableForSaleContinuousUnrealizedLossPositionLessThan12MonthsAccumulatedLoss
93000 usd
CY2022Q4 us-gaap Debt Securities Available For Sale Continuous Unrealized Loss Position Less Than12 Months Accumulated Loss
DebtSecuritiesAvailableForSaleContinuousUnrealizedLossPositionLessThan12MonthsAccumulatedLoss
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CY2023Q4 us-gaap Debt Securities Available For Sale Continuous Unrealized Loss Position12 Months Or Longer
DebtSecuritiesAvailableForSaleContinuousUnrealizedLossPosition12MonthsOrLonger
23460000 usd
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CY2023Q4 us-gaap Cash And Cash Equivalents Fair Value Disclosure
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DebtSecuritiesAvailableForSaleContinuousUnrealizedLossPosition12MonthsOrLonger
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CY2022Q4 us-gaap Debt Securities Available For Sale Continuous Unrealized Loss Position12 Months Or Longer Accumulated Loss
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CY2022Q4 us-gaap Debt Securities Available For Sale Unrealized Loss Position
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CY2022Q4 us-gaap Inventory Raw Materials Net Of Reserves
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CY2023Q4 us-gaap Inventory Work In Process Net Of Reserves
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CY2022Q4 us-gaap Inventory Work In Process Net Of Reserves
InventoryWorkInProcessNetOfReserves
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InventoryFinishedGoodsNetOfReserves
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CY2022Q4 us-gaap Inventory Finished Goods Net Of Reserves
InventoryFinishedGoodsNetOfReserves
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CY2023Q4 us-gaap Inventory Net
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CY2022Q4 us-gaap Inventory Net
InventoryNet
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CY2023Q4 us-gaap Inventory Valuation Reserves
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CY2022Q4 us-gaap Inventory Valuation Reserves
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CY2022Q4 us-gaap Property Plant And Equipment Gross
PropertyPlantAndEquipmentGross
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CY2023Q4 us-gaap Accumulated Depreciation Depletion And Amortization Property Plant And Equipment
AccumulatedDepreciationDepletionAndAmortizationPropertyPlantAndEquipment
89093000 usd
CY2022Q4 us-gaap Accumulated Depreciation Depletion And Amortization Property Plant And Equipment
AccumulatedDepreciationDepletionAndAmortizationPropertyPlantAndEquipment
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CY2023Q4 us-gaap Property Plant And Equipment Net
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CY2022Q4 us-gaap Property Plant And Equipment Net
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CY2023 us-gaap Depreciation
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CY2022 us-gaap Depreciation
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CY2021 us-gaap Depreciation
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CY2023Q4 rmbs Eda Tools Software License Liability Current
EDAToolsSoftwareLicenseLiabilityCurrent
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CY2022Q4 rmbs Eda Tools Software License Liability Current
EDAToolsSoftwareLicenseLiabilityCurrent
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CY2023Q4 rmbs Price Protection Liability Current
PriceProtectionLiabilityCurrent
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CY2022Q4 rmbs Price Protection Liability Current
PriceProtectionLiabilityCurrent
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CY2023Q4 rmbs Other Liabilities Miscellaneous Current
OtherLiabilitiesMiscellaneousCurrent
5469000 usd
CY2022Q4 rmbs Other Liabilities Miscellaneous Current
OtherLiabilitiesMiscellaneousCurrent
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CY2023Q4 us-gaap Other Accrued Liabilities Current
OtherAccruedLiabilitiesCurrent
26598000 usd
CY2022Q4 us-gaap Other Accrued Liabilities Current
OtherAccruedLiabilitiesCurrent
23992000 usd
CY2023Q4 us-gaap Accumulated Other Comprehensive Income Loss Foreign Currency Translation Adjustment Net Of Tax
AccumulatedOtherComprehensiveIncomeLossForeignCurrencyTranslationAdjustmentNetOfTax
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CY2022Q4 us-gaap Accumulated Other Comprehensive Income Loss Foreign Currency Translation Adjustment Net Of Tax
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