$SITM
SITIME Corp Stock $sitm

$sitm Overview Financials Valuation SEC Filings Company Website

2023 Q4 Form 10-Q Financial Statement

#000145180923000088 Filed on November 02, 2023

Income Statement

Concept	2023 Q4	2023 Q3
Revenue	$42.40M	$35.52M
YoY Change	-30.3%	-51.41%
Cost Of Revenue	$18.71M	$15.60M
YoY Change	-18.93%	-39.52%
Gross Profit	$23.69M	$19.92M
YoY Change	-37.25%	-57.89%
Gross Profit Margin	55.88%	56.07%
Selling, General & Admin	$20.51M	$21.45M
YoY Change	4.17%	7.85%
% of Gross Profit	86.58%	107.68%
Research & Development	$22.92M	$23.65M
YoY Change	-3.69%	-0.97%
% of Gross Profit	96.73%	118.73%
Depreciation & Amortization	$4.392M	$3.300M
YoY Change	31.26%	22.22%
% of Gross Profit	18.54%	16.57%
Operating Expenses	$43.43M	$45.09M
YoY Change	-0.13%	3.04%
Operating Profit	-$19.74M	-$25.18M
YoY Change	244.44%	-812.83%
Interest Expense	$7.329M	$7.333M
YoY Change	83.41%	194.26%
% of Operating Profit
Other Income/Expense, Net	$152.0K	-$232.0K
YoY Change	-8.98%	-2.52%
Pretax Income	-$19.99M	-$18.08M
YoY Change	1174.68%	-412.41%
Income Tax	$10.00K	$49.00K
% Of Pretax Income
Net Earnings	-$20.00M	-$18.13M
YoY Change	1209.56%	-413.42%
Net Earnings / Revenue	-47.16%	-51.03%
Basic Earnings Per Share		-$0.81
Diluted Earnings Per Share	-$0.89	-$0.81
COMMON SHARES
Basic Shares Outstanding	22.46M shares	22.21M
Diluted Shares Outstanding		22.33M shares

Balance Sheet

Concept	2023 Q4	2023 Q3
SHORT-TERM ASSETS
Cash & Short-Term Investments	$528.2M	$568.1M
YoY Change	-6.36%	0.77%
Cash & Equivalents	$9.468M	$16.71M
Short-Term Investments	$518.7M	$551.4M
Other Short-Term Assets	$4.078M	$5.932M
YoY Change	37.17%	33.48%
Inventory	$65.54M	$64.54M
Prepaid Expenses	$3.563M	$3.139M
Receivables	$21.86M	$25.18M
Other Receivables	$0.00	$0.00
Total Short-Term Assets	$623.2M	$666.9M
YoY Change	-6.85%	0.71%
LONG-TERM ASSETS
Property, Plant & Equipment	$54.69M	$55.92M
YoY Change	-6.95%	-0.35%
Goodwill	$87.10M
YoY Change
Intangibles	$177.1M
YoY Change	3302.09%
Long-Term Investments
YoY Change
Other Assets	$1.317M	$10.35M
YoY Change	-80.41%	166.85%
Total Long-Term Assets	$328.4M	$80.79M
YoY Change	302.75%	6.51%
TOTAL ASSETS
Total Short-Term Assets	$623.2M	$666.9M
Total Long-Term Assets	$328.4M	$80.79M
Total Assets	$951.7M	$747.7M
YoY Change	26.79%	1.31%
SHORT-TERM LIABILITIES
YoY Change
Accounts Payable	$8.690M	$12.32M
YoY Change	-41.6%	-25.57%
Accrued Expenses	$112.7M	$19.00M
YoY Change	495.91%	2.97%
Deferred Revenue
YoY Change
Short-Term Debt	$0.00	$0.00
YoY Change
Long-Term Debt Due
YoY Change
Total Short-Term Liabilities	$121.4M	$31.28M
YoY Change	259.22%	-10.64%
LONG-TERM LIABILITIES
Long-Term Debt	$0.00	$0.00
YoY Change
Other Long-Term Liabilities	$0.00	$0.00
YoY Change	-100.0%	-100.0%
Total Long-Term Liabilities	$0.00	$0.00
YoY Change	-100.0%	-100.0%
TOTAL LIABILITIES
Total Short-Term Liabilities	$121.4M	$31.28M
Total Long-Term Liabilities	$0.00	$0.00
Total Liabilities	$243.6M	$37.35M
YoY Change	478.2%	-14.37%
SHAREHOLDERS EQUITY
Retained Earnings	-$88.40M	-$68.40M
YoY Change	1023.97%	979.41%
Common Stock	$796.5M	$778.7M
YoY Change	11.18%	11.13%
Preferred Stock
YoY Change
Treasury Stock (at cost)
YoY Change
Treasury Stock Shares
Shareholders Equity	$708.1M	$710.3M
YoY Change
Total Liabilities & Shareholders Equity	$951.7M	$747.7M
YoY Change	26.79%	1.31%

Cashflow Statement

Concept	2023 Q4	2023 Q3
OPERATING ACTIVITIES
Net Income	-$20.00M	-$18.13M
YoY Change	1209.56%	-413.42%
Depreciation, Depletion And Amortization	$4.392M	$3.300M
YoY Change	31.26%	22.22%
Cash From Operating Activities	-$1.406M	-$11.60M
YoY Change	-129.25%	2859.18%
INVESTING ACTIVITIES
Capital Expenditures	$3.097M	$3.000M
YoY Change	-59.65%	-129.05%
Acquisitions
YoY Change
Other Investing Activities	-$3.303M	$60.00K
YoY Change	-26.63%	-100.01%
Cash From Investing Activities	-$6.400M	-$2.950M
YoY Change	-47.45%	-99.44%
FINANCING ACTIVITIES
Cash Dividend Paid
YoY Change
Common Stock Issuance & Retirement, Net
YoY Change
Debt Paid & Issued, Net
YoY Change
Cash From Financing Activities	563.0K	890.0K
YoY Change	53.83%	-111.09%
NET CHANGE
Cash From Operating Activities	-1.406M	-11.60M
Cash From Investing Activities	-6.400M	-2.950M
Cash From Financing Activities	563.0K	890.0K
Net Change In Cash	-7.243M	-13.66M
YoY Change	3.4%	-97.46%
FREE CASH FLOW
Cash From Operating Activities	-$1.406M	-$11.60M
Capital Expenditures	$3.097M	$3.000M
Free Cash Flow	-$4.503M	-$14.60M
YoY Change	56.95%	-246.94%

Facts In Submission

Frame	Concept Type	Concept / XBRL Key	Value	Unit
CY2022Q4	us-gaap	Operating Lease Liability Current Statement Of Financial Position Extensible List OperatingLeaseLiabilityCurrentStatementOfFinancialPositionExtensibleList	http://www.sitime.com/20230930#AccruedExpensesAndOtherCurrentLiabilities
CY2023Q3	us-gaap	Operating Lease Liability Current Statement Of Financial Position Extensible List OperatingLeaseLiabilityCurrentStatementOfFinancialPositionExtensibleList	http://www.sitime.com/20230930#AccruedExpensesAndOtherCurrentLiabilities
CY2023Q3	us-gaap	Finite Lived Intangible Assets Net FiniteLivedIntangibleAssetsNet	5665000	usd
CY2022Q4	us-gaap	Finite Lived Intangible Assets Net FiniteLivedIntangibleAssetsNet	5205000	usd
CY2023Q3	us-gaap	Other Assets Noncurrent OtherAssetsNoncurrent	10351000	usd
CY2022Q4	us-gaap	Other Assets Noncurrent OtherAssetsNoncurrent	6724000	usd
CY2023Q3	us-gaap	Assets Assets	747687000	usd
CY2022Q4	us-gaap	Assets Assets	750616000	usd
CY2023Q3	us-gaap	Accounts Payable Current AccountsPayableCurrent	12320000	usd
CY2022Q4	us-gaap	Accounts Payable Current AccountsPayableCurrent	14881000	usd
CY2023Q3	sitm	Accrued Expenses And Other Current Liabilities AccruedExpensesAndOtherCurrentLiabilities	18960000	usd
CY2022Q4	sitm	Accrued Expenses And Other Current Liabilities AccruedExpensesAndOtherCurrentLiabilities	18913000	usd
CY2023Q3	us-gaap	Liabilities Current LiabilitiesCurrent	31280000	usd
CY2022Q4	us-gaap	Liabilities Current LiabilitiesCurrent	33794000	usd
CY2023Q3	us-gaap	Operating Lease Liability Noncurrent OperatingLeaseLiabilityNoncurrent	6065000	usd
CY2022Q4	us-gaap	Operating Lease Liability Noncurrent OperatingLeaseLiabilityNoncurrent	8149000	usd
CY2023Q3	us-gaap	Operating Expenses OperatingExpenses	45094000	usd
CY2022Q3	us-gaap	Operating Expenses OperatingExpenses	43764000	usd
	us-gaap	Operating Expenses OperatingExpenses	138127000	usd
	us-gaap	Operating Expenses OperatingExpenses	123329000	usd
CY2023Q3	us-gaap	Operating Income Loss OperatingIncomeLoss	-25177000	usd
CY2022Q3	us-gaap	Operating Income Loss OperatingIncomeLoss	3532000	usd
	us-gaap	Operating Income Loss OperatingIncomeLoss	-79732000	usd
	us-gaap	Operating Income Loss OperatingIncomeLoss	21874000	usd
CY2023Q3	us-gaap	Interest Income Expense Nonoperating Net InterestIncomeExpenseNonoperatingNet	7333000	usd
CY2022Q3	us-gaap	Interest Income Expense Nonoperating Net InterestIncomeExpenseNonoperatingNet	2492000	usd
	us-gaap	Interest Income Expense Nonoperating Net InterestIncomeExpenseNonoperatingNet	19629000	usd
	us-gaap	Interest Income Expense Nonoperating Net InterestIncomeExpenseNonoperatingNet	3295000	usd
CY2023Q3	us-gaap	Other Nonoperating Income Expense OtherNonoperatingIncomeExpense	-232000	usd
CY2022Q3	us-gaap	Other Nonoperating Income Expense OtherNonoperatingIncomeExpense	-238000	usd
	us-gaap	Other Nonoperating Income Expense OtherNonoperatingIncomeExpense	-292000	usd
	us-gaap	Other Nonoperating Income Expense OtherNonoperatingIncomeExpense	-264000	usd
CY2023Q3	us-gaap	Income Loss From Continuing Operations Before Income Taxes Extraordinary Items Noncontrolling Interest IncomeLossFromContinuingOperationsBeforeIncomeTaxesExtraordinaryItemsNoncontrollingInterest	-18076000	usd
CY2022Q3	us-gaap	Income Loss From Continuing Operations Before Income Taxes Extraordinary Items Noncontrolling Interest IncomeLossFromContinuingOperationsBeforeIncomeTaxesExtraordinaryItemsNoncontrollingInterest	5786000	usd
	us-gaap	Income Loss From Continuing Operations Before Income Taxes Extraordinary Items Noncontrolling Interest IncomeLossFromContinuingOperationsBeforeIncomeTaxesExtraordinaryItemsNoncontrollingInterest	-60395000	usd
CY2023Q3	us-gaap	Income Tax Expense Benefit IncomeTaxExpenseBenefit	49000	usd
CY2022Q3	us-gaap	Income Tax Expense Benefit IncomeTaxExpenseBenefit	3000	usd
	sitm	Net Income Loss Attributable To Common Stockholder And Comprehensive Income Loss NetIncomeLossAttributableToCommonStockholderAndComprehensiveIncomeLoss	24782000	usd
	us-gaap	Earnings Per Share Basic EarningsPerShareBasic	-2.74
	us-gaap	Earnings Per Share Basic EarningsPerShareBasic	1.17
CY2022Q3	us-gaap	Earnings Per Share Diluted EarningsPerShareDiluted	0.26
	us-gaap	Earnings Per Share Diluted EarningsPerShareDiluted	-2.74
	us-gaap	Earnings Per Share Diluted EarningsPerShareDiluted	1.09
CY2023Q3	us-gaap	Weighted Average Number Of Shares Outstanding Basic WeightedAverageNumberOfSharesOutstandingBasic	22326000	shares
CY2022Q3	us-gaap	Weighted Average Number Of Shares Outstanding Basic WeightedAverageNumberOfSharesOutstandingBasic	21353000	shares
	us-gaap	Weighted Average Number Of Shares Outstanding Basic WeightedAverageNumberOfSharesOutstandingBasic	22065000	shares
	us-gaap	Weighted Average Number Of Shares Outstanding Basic WeightedAverageNumberOfSharesOutstandingBasic	21143000	shares
CY2023Q3	us-gaap	Weighted Average Number Of Diluted Shares Outstanding WeightedAverageNumberOfDilutedSharesOutstanding	22326000	shares
CY2022Q3	us-gaap	Weighted Average Number Of Diluted Shares Outstanding WeightedAverageNumberOfDilutedSharesOutstanding	22614000	shares
	us-gaap	Weighted Average Number Of Diluted Shares Outstanding WeightedAverageNumberOfDilutedSharesOutstanding	22065000	shares
	us-gaap	Weighted Average Number Of Diluted Shares Outstanding WeightedAverageNumberOfDilutedSharesOutstanding	22688000	shares
CY2023Q2	us-gaap	Stockholders Equity StockholdersEquity	708267000	usd
CY2023Q3	us-gaap	Adjustments To Additional Paid In Capital Sharebased Compensation Requisite Service Period Recognition Value AdjustmentsToAdditionalPaidInCapitalSharebasedCompensationRequisiteServicePeriodRecognitionValue	19316000	usd
CY2023Q3	us-gaap	Net Income Loss NetIncomeLoss	-18125000	usd
CY2023Q3	us-gaap	Stock Issued During Period Value New Issues StockIssuedDuringPeriodValueNewIssues	12535000	usd
CY2023Q3	us-gaap	Restricted Stock Value Shares Issued Net Of Tax Withholdings RestrictedStockValueSharesIssuedNetOfTaxWithholdings	-11651000	usd
CY2023Q3	us-gaap	Stockholders Equity StockholdersEquity	710342000	usd
CY2022Q2	us-gaap	Stockholders Equity StockholdersEquity	680284000	usd
CY2022Q3	us-gaap	Adjustments To Additional Paid In Capital Sharebased Compensation Requisite Service Period Recognition Value AdjustmentsToAdditionalPaidInCapitalSharebasedCompensationRequisiteServicePeriodRecognitionValue	16400000	usd
CY2022Q3	us-gaap	Net Income Loss NetIncomeLoss	5783000	usd
CY2022Q3	us-gaap	Stock Issued During Period Value New Issues StockIssuedDuringPeriodValueNewIssues	2919000	usd
CY2022Q3	us-gaap	Restricted Stock Value Shares Issued Net Of Tax Withholdings RestrictedStockValueSharesIssuedNetOfTaxWithholdings	-10944000	usd
CY2022Q3	us-gaap	Stockholders Equity StockholdersEquity	694442000	usd
CY2022Q4	us-gaap	Stockholders Equity StockholdersEquity	708480000	usd
	us-gaap	Adjustments To Additional Paid In Capital Sharebased Compensation Requisite Service Period Recognition Value AdjustmentsToAdditionalPaidInCapitalSharebasedCompensationRequisiteServicePeriodRecognitionValue	59493000	usd
	us-gaap	Net Income Loss NetIncomeLoss	-60537000	usd
	us-gaap	Stock Issued During Period Value New Issues StockIssuedDuringPeriodValueNewIssues	33898000	usd
	us-gaap	Restricted Stock Value Shares Issued Net Of Tax Withholdings RestrictedStockValueSharesIssuedNetOfTaxWithholdings	-30992000	usd
CY2023Q3	us-gaap	Stockholders Equity StockholdersEquity	710342000	usd
CY2021Q4	us-gaap	Stockholders Equity StockholdersEquity	632497000	usd
	us-gaap	Adjustments To Additional Paid In Capital Sharebased Compensation Requisite Service Period Recognition Value AdjustmentsToAdditionalPaidInCapitalSharebasedCompensationRequisiteServicePeriodRecognitionValue	42051000	usd
	us-gaap	Net Income Loss NetIncomeLoss	24782000	usd
	us-gaap	Stock Issued During Period Value New Issues StockIssuedDuringPeriodValueNewIssues	22998000	usd
	us-gaap	Restricted Stock Value Shares Issued Net Of Tax Withholdings RestrictedStockValueSharesIssuedNetOfTaxWithholdings	-27886000	usd
CY2022Q3	us-gaap	Stockholders Equity StockholdersEquity	694442000	usd
	us-gaap	Profit Loss ProfitLoss	-60537000	usd
	us-gaap	Profit Loss ProfitLoss	24782000	usd
	us-gaap	Depreciation Depletion And Amortization DepreciationDepletionAndAmortization	11736000	usd
	us-gaap	Depreciation Depletion And Amortization DepreciationDepletionAndAmortization	8497000	usd
	us-gaap	Share Based Compensation ShareBasedCompensation	59225000	usd
	us-gaap	Share Based Compensation ShareBasedCompensation	41795000	usd
	sitm	Unrealized Interest On Held To Maturity Securities UnrealizedInterestOnHeldToMaturitySecurities	-19181000	usd
	sitm	Unrealized Interest On Held To Maturity Securities UnrealizedInterestOnHeldToMaturitySecurities	-2241000	usd
	us-gaap	Increase Decrease In Accounts Receivable IncreaseDecreaseInAccountsReceivable	-16047000	usd
	us-gaap	Increase Decrease In Accounts Receivable IncreaseDecreaseInAccountsReceivable	6520000	usd
	us-gaap	Increase Decrease In Inventories IncreaseDecreaseInInventories	6889000	usd
	us-gaap	Increase Decrease In Inventories IncreaseDecreaseInInventories	21755000	usd
	us-gaap	Increase Decrease In Prepaid Deferred Expense And Other Assets IncreaseDecreaseInPrepaidDeferredExpenseAndOtherAssets	6608000	usd
	us-gaap	Increase Decrease In Prepaid Deferred Expense And Other Assets IncreaseDecreaseInPrepaidDeferredExpenseAndOtherAssets	949000	usd
	us-gaap	Increase Decrease In Accounts Payable IncreaseDecreaseInAccountsPayable	-2850000	usd
	us-gaap	Increase Decrease In Accounts Payable IncreaseDecreaseInAccountsPayable	-2729000	usd
	us-gaap	Increase Decrease In Accrued Liabilities And Other Operating Liabilities IncreaseDecreaseInAccruedLiabilitiesAndOtherOperatingLiabilities	135000	usd
	us-gaap	Increase Decrease In Accrued Liabilities And Other Operating Liabilities IncreaseDecreaseInAccruedLiabilitiesAndOtherOperatingLiabilities	-5935000	usd
	us-gaap	Net Cash Provided By Used In Operating Activities NetCashProvidedByUsedInOperatingActivities	-8922000	usd
	us-gaap	Net Cash Provided By Used In Operating Activities NetCashProvidedByUsedInOperatingActivities	34945000	usd
	us-gaap	Payments To Acquire Held To Maturity Securities PaymentsToAcquireHeldToMaturitySecurities	925089000	usd
	us-gaap	Payments To Acquire Held To Maturity Securities PaymentsToAcquireHeldToMaturitySecurities	519937000	usd
	us-gaap	Proceeds From Sale Of Held To Maturity Securities ProceedsFromSaleOfHeldToMaturitySecurities	922365000	usd
	us-gaap	Proceeds From Sale Of Held To Maturity Securities ProceedsFromSaleOfHeldToMaturitySecurities	0	usd
	us-gaap	Payments To Acquire Property Plant And Equipment PaymentsToAcquirePropertyPlantAndEquipment	6106000	usd
	us-gaap	Payments To Acquire Property Plant And Equipment PaymentsToAcquirePropertyPlantAndEquipment	25004000	usd
	us-gaap	Payments To Acquire Intangible Assets PaymentsToAcquireIntangibleAssets	3046000	usd
	us-gaap	Payments To Acquire Intangible Assets PaymentsToAcquireIntangibleAssets	2969000	usd
	us-gaap	Net Cash Provided By Used In Investing Activities NetCashProvidedByUsedInInvestingActivities	-11876000	usd
	us-gaap	Net Cash Provided By Used In Investing Activities NetCashProvidedByUsedInInvestingActivities	-547910000	usd
	us-gaap	Payments Related To Tax Withholding For Share Based Compensation PaymentsRelatedToTaxWithholdingForShareBasedCompensation	30992000	usd
	us-gaap	Payments Related To Tax Withholding For Share Based Compensation PaymentsRelatedToTaxWithholdingForShareBasedCompensation	27886000	usd
	us-gaap	Proceeds From Issuance Of Common Stock ProceedsFromIssuanceOfCommonStock	34818000	usd
	us-gaap	Proceeds From Issuance Of Common Stock ProceedsFromIssuanceOfCommonStock	23685000	usd
	us-gaap	Payments Of Stock Issuance Costs PaymentsOfStockIssuanceCosts	687000	usd
CY2022Q4	us-gaap	Cash Cash Equivalents Restricted Cash And Restricted Cash Equivalents CashCashEquivalentsRestrictedCashAndRestrictedCashEquivalents	34603000	usd
	us-gaap	Income Taxes Paid Net IncomeTaxesPaidNet	159000	usd
	us-gaap	Income Taxes Paid Net IncomeTaxesPaidNet	40000	usd
	us-gaap	Noncash Or Part Noncash Acquisition Fixed Assets Acquired1 NoncashOrPartNoncashAcquisitionFixedAssetsAcquired1	1641000	usd
	us-gaap	Noncash Or Part Noncash Acquisition Fixed Assets Acquired1 NoncashOrPartNoncashAcquisitionFixedAssetsAcquired1	1830000	usd
	us-gaap	Right Of Use Asset Obtained In Exchange For Operating Lease Liability RightOfUseAssetObtainedInExchangeForOperatingLeaseLiability	0	usd
	us-gaap	Right Of Use Asset Obtained In Exchange For Operating Lease Liability RightOfUseAssetObtainedInExchangeForOperatingLeaseLiability	4599000	usd
CY2023Q3	us-gaap	Net Income Loss NetIncomeLoss	-18125000	usd
CY2022Q3	us-gaap	Net Income Loss NetIncomeLoss	5783000	usd
	us-gaap	Net Income Loss NetIncomeLoss	-60537000	usd
	us-gaap	Net Income Loss NetIncomeLoss	24782000	usd
CY2023Q3	us-gaap	Weighted Average Number Of Shares Outstanding Basic WeightedAverageNumberOfSharesOutstandingBasic	22326000	shares
CY2022Q3	us-gaap	Weighted Average Number Of Shares Outstanding Basic WeightedAverageNumberOfSharesOutstandingBasic	21353000	shares
	us-gaap	Weighted Average Number Of Shares Outstanding Basic WeightedAverageNumberOfSharesOutstandingBasic	22065000	shares
	us-gaap	Weighted Average Number Of Shares Outstanding Basic WeightedAverageNumberOfSharesOutstandingBasic	21143000	shares
CY2023Q3	us-gaap	Incremental Common Shares Attributable To Share Based Payment Arrangements IncrementalCommonSharesAttributableToShareBasedPaymentArrangements	0	shares
CY2022Q3	us-gaap	Incremental Common Shares Attributable To Share Based Payment Arrangements IncrementalCommonSharesAttributableToShareBasedPaymentArrangements	1261000	shares
	us-gaap	Incremental Common Shares Attributable To Share Based Payment Arrangements IncrementalCommonSharesAttributableToShareBasedPaymentArrangements	0	shares
	us-gaap	Incremental Common Shares Attributable To Share Based Payment Arrangements IncrementalCommonSharesAttributableToShareBasedPaymentArrangements	1545000	shares
CY2023Q3	us-gaap	Weighted Average Number Of Diluted Shares Outstanding WeightedAverageNumberOfDilutedSharesOutstanding	22326000	shares
CY2022Q3	us-gaap	Weighted Average Number Of Diluted Shares Outstanding WeightedAverageNumberOfDilutedSharesOutstanding	22614000	shares
	us-gaap	Weighted Average Number Of Diluted Shares Outstanding WeightedAverageNumberOfDilutedSharesOutstanding	22065000	shares
	us-gaap	Weighted Average Number Of Diluted Shares Outstanding WeightedAverageNumberOfDilutedSharesOutstanding	22688000	shares
CY2023Q3	us-gaap	Earnings Per Share Basic EarningsPerShareBasic	-0.81
CY2022Q3	us-gaap	Earnings Per Share Basic EarningsPerShareBasic	0.27
	us-gaap	Earnings Per Share Basic EarningsPerShareBasic	-2.74
	us-gaap	Earnings Per Share Basic EarningsPerShareBasic	1.17
CY2023Q3	us-gaap	Earnings Per Share Diluted EarningsPerShareDiluted	-0.81
CY2022Q3	us-gaap	Earnings Per Share Diluted EarningsPerShareDiluted	0.26
	us-gaap	Earnings Per Share Diluted EarningsPerShareDiluted	-2.74
	us-gaap	Earnings Per Share Diluted EarningsPerShareDiluted	1.09
CY2023Q3	us-gaap	Antidilutive Securities Excluded From Computation Of Earnings Per Share Amount AntidilutiveSecuritiesExcludedFromComputationOfEarningsPerShareAmount	960848	shares
CY2022Q3	us-gaap	Antidilutive Securities Excluded From Computation Of Earnings Per Share Amount AntidilutiveSecuritiesExcludedFromComputationOfEarningsPerShareAmount	365102	shares
	us-gaap	Antidilutive Securities Excluded From Computation Of Earnings Per Share Amount AntidilutiveSecuritiesExcludedFromComputationOfEarningsPerShareAmount	1143888	shares
	us-gaap	Antidilutive Securities Excluded From Computation Of Earnings Per Share Amount AntidilutiveSecuritiesExcludedFromComputationOfEarningsPerShareAmount	265235	shares
	sitm	Treasury Bills Maturity Date TreasuryBillsMaturityDate	P6M
CY2022	sitm	Treasury Bills Maturity Date TreasuryBillsMaturityDate	P6M
CY2023Q3	us-gaap	Accounts Receivable Gross Current AccountsReceivableGrossCurrent	25232000	usd
CY2022Q4	us-gaap	Accounts Receivable Gross Current AccountsReceivableGrossCurrent	41279000	usd
CY2023Q3	us-gaap	Allowance For Doubtful Accounts Receivable Current AllowanceForDoubtfulAccountsReceivableCurrent	50000	usd
CY2022Q4	us-gaap	Allowance For Doubtful Accounts Receivable Current AllowanceForDoubtfulAccountsReceivableCurrent	50000	usd
CY2023Q3	us-gaap	Accounts Receivable Net Current AccountsReceivableNetCurrent	25182000	usd
CY2022Q4	us-gaap	Accounts Receivable Net Current AccountsReceivableNetCurrent	41229000	usd
CY2023Q3	us-gaap	Inventory Raw Materials InventoryRawMaterials	18725000	usd
CY2022Q4	us-gaap	Inventory Raw Materials InventoryRawMaterials	17518000	usd
CY2023Q3	us-gaap	Inventory Work In Process InventoryWorkInProcess	36469000	usd
CY2022Q4	us-gaap	Inventory Work In Process InventoryWorkInProcess	33687000	usd
CY2023Q3	us-gaap	Inventory Finished Goods InventoryFinishedGoods	9345000	usd
CY2022Q4	us-gaap	Inventory Finished Goods InventoryFinishedGoods	6445000	usd
CY2023Q3	us-gaap	Inventory Net InventoryNet	64539000	usd
CY2022Q4	us-gaap	Inventory Net InventoryNet	57650000	usd
CY2023Q3	us-gaap	Prepaid Expense Current PrepaidExpenseCurrent	3139000	usd
CY2022Q4	us-gaap	Prepaid Expense Current PrepaidExpenseCurrent	3118000	usd
CY2023Q3	us-gaap	Other Assets Current OtherAssetsCurrent	5932000	usd
CY2022Q4	us-gaap	Other Assets Current OtherAssetsCurrent	2973000	usd
CY2023Q3	us-gaap	Prepaid Expense And Other Assets Current PrepaidExpenseAndOtherAssetsCurrent	9071000	usd
CY2022Q4	us-gaap	Prepaid Expense And Other Assets Current PrepaidExpenseAndOtherAssetsCurrent	6091000	usd
CY2023Q3	us-gaap	Property Plant And Equipment Gross PropertyPlantAndEquipmentGross	96932000	usd
CY2022Q4	us-gaap	Property Plant And Equipment Gross PropertyPlantAndEquipmentGross	89995000	usd
CY2023Q3	us-gaap	Accumulated Depreciation Depletion And Amortization Property Plant And Equipment AccumulatedDepreciationDepletionAndAmortizationPropertyPlantAndEquipment	41016000	usd
CY2022Q4	us-gaap	Accumulated Depreciation Depletion And Amortization Property Plant And Equipment AccumulatedDepreciationDepletionAndAmortizationPropertyPlantAndEquipment	31223000	usd
CY2023Q3	us-gaap	Property Plant And Equipment Net PropertyPlantAndEquipmentNet	55916000	usd
CY2022Q4	us-gaap	Other Accrued Liabilities Current OtherAccruedLiabilitiesCurrent	5790000	usd
CY2023Q3	sitm	Accrued Expenses And Other Current Liabilities AccruedExpensesAndOtherCurrentLiabilities	18960000	usd
CY2022Q4	sitm	Accrued Expenses And Other Current Liabilities AccruedExpensesAndOtherCurrentLiabilities	18913000	usd
CY2022Q4	us-gaap	Property Plant And Equipment Net PropertyPlantAndEquipmentNet	58772000	usd
CY2023Q3	us-gaap	Depreciation Depreciation	3300000	usd
CY2022Q3	us-gaap	Depreciation Depreciation	2700000	usd
	us-gaap	Depreciation Depreciation	9800000	usd
	us-gaap	Depreciation Depreciation	7200000	usd
CY2023Q3	us-gaap	Finite Lived Intangible Assets Gross FiniteLivedIntangibleAssetsGross	24273000	usd
CY2023Q3	us-gaap	Finite Lived Intangible Assets Accumulated Amortization FiniteLivedIntangibleAssetsAccumulatedAmortization	18608000	usd
CY2023Q3	us-gaap	Finite Lived Intangible Assets Net FiniteLivedIntangibleAssetsNet	5665000	usd
CY2022Q4	us-gaap	Finite Lived Intangible Assets Gross FiniteLivedIntangibleAssetsGross	22017000	usd
CY2022Q4	us-gaap	Finite Lived Intangible Assets Accumulated Amortization FiniteLivedIntangibleAssetsAccumulatedAmortization	16812000	usd
CY2022Q4	us-gaap	Finite Lived Intangible Assets Net FiniteLivedIntangibleAssetsNet	5205000	usd
CY2023Q3	us-gaap	Amortization Of Intangible Assets AmortizationOfIntangibleAssets	700000	usd
CY2022Q3	us-gaap	Amortization Of Intangible Assets AmortizationOfIntangibleAssets	500000	usd
	us-gaap	Amortization Of Intangible Assets AmortizationOfIntangibleAssets	1900000	usd
	us-gaap	Amortization Of Intangible Assets AmortizationOfIntangibleAssets	1300000	usd
CY2023Q3	us-gaap	Finite Lived Intangible Assets Amortization Expense Remainder Of Fiscal Year FiniteLivedIntangibleAssetsAmortizationExpenseRemainderOfFiscalYear	660000	usd
CY2023Q3	us-gaap	Finite Lived Intangible Assets Amortization Expense Next Twelve Months FiniteLivedIntangibleAssetsAmortizationExpenseNextTwelveMonths	1965000	usd
CY2023Q3	us-gaap	Finite Lived Intangible Assets Amortization Expense Year Two FiniteLivedIntangibleAssetsAmortizationExpenseYearTwo	954000	usd
CY2023Q3	us-gaap	Finite Lived Intangible Assets Amortization Expense Year Three FiniteLivedIntangibleAssetsAmortizationExpenseYearThree	616000	usd
CY2023Q3	us-gaap	Finite Lived Intangible Assets Amortization Expense Year Four FiniteLivedIntangibleAssetsAmortizationExpenseYearFour	409000	usd
CY2023Q3	sitm	Finite Lived Intangible Assets Amortization Expense Year Five And After Year Five FiniteLivedIntangibleAssetsAmortizationExpenseYearFiveAndAfterYearFive	1061000	usd
CY2023Q3	us-gaap	Finite Lived Intangible Assets Net FiniteLivedIntangibleAssetsNet	5665000	usd
CY2023Q3	us-gaap	Employee Related Liabilities Current EmployeeRelatedLiabilitiesCurrent	5754000	usd
CY2022Q4	us-gaap	Employee Related Liabilities Current EmployeeRelatedLiabilitiesCurrent	6109000	usd
CY2023Q3	sitm	Revenue Reserves RevenueReserves	3047000	usd
CY2022Q4	sitm	Revenue Reserves RevenueReserves	1840000	usd
CY2023Q3	sitm	Deferred Non Recurring Engineering Services DeferredNonRecurringEngineeringServices	3053000	usd
CY2022Q4	sitm	Deferred Non Recurring Engineering Services DeferredNonRecurringEngineeringServices	2689000	usd
CY2023Q3	us-gaap	Operating Lease Liability Current OperatingLeaseLiabilityCurrent	2572000	usd
CY2022Q4	us-gaap	Operating Lease Liability Current OperatingLeaseLiabilityCurrent	2485000	usd
CY2023Q3	us-gaap	Other Accrued Liabilities Current OtherAccruedLiabilitiesCurrent	4534000	usd
CY2023Q3	us-gaap	Operating Lease Right Of Use Asset OperatingLeaseRightOfUseAsset	8854000	usd
CY2022Q4	us-gaap	Operating Lease Right Of Use Asset OperatingLeaseRightOfUseAsset	10848000	usd
CY2023Q3	us-gaap	Operating Lease Liability Current OperatingLeaseLiabilityCurrent	2572000	usd
CY2022Q4	us-gaap	Operating Lease Liability Current OperatingLeaseLiabilityCurrent	2485000	usd
CY2023Q3	us-gaap	Operating Lease Liability Noncurrent OperatingLeaseLiabilityNoncurrent	6065000	usd
CY2023Q3	us-gaap	Operating Lease Liability OperatingLeaseLiability	8637000	usd
CY2022Q4	us-gaap	Operating Lease Liability OperatingLeaseLiability	10634000	usd
CY2023Q3	us-gaap	Operating Lease Weighted Average Remaining Lease Term1 OperatingLeaseWeightedAverageRemainingLeaseTerm1	P3Y3M18D
CY2022Q4	us-gaap	Operating Lease Weighted Average Remaining Lease Term1 OperatingLeaseWeightedAverageRemainingLeaseTerm1	P4Y
CY2023Q3	us-gaap	Operating Lease Weighted Average Discount Rate Percent OperatingLeaseWeightedAverageDiscountRatePercent	0.045
CY2022Q4	us-gaap	Operating Lease Weighted Average Discount Rate Percent OperatingLeaseWeightedAverageDiscountRatePercent	0.046
CY2023Q3	us-gaap	Operating Lease Cost OperatingLeaseCost	754000	usd
CY2022Q3	us-gaap	Operating Lease Cost OperatingLeaseCost	710000	usd
	us-gaap	Operating Lease Cost OperatingLeaseCost	2272000	usd
	us-gaap	Operating Lease Cost OperatingLeaseCost	1970000	usd
CY2023Q3	us-gaap	Short Term Lease Cost ShortTermLeaseCost	209000	usd
CY2022Q3	us-gaap	Short Term Lease Cost ShortTermLeaseCost	381000	usd
	us-gaap	Short Term Lease Cost ShortTermLeaseCost	521000	usd
	us-gaap	Short Term Lease Cost ShortTermLeaseCost	1213000	usd
CY2023Q3	us-gaap	Variable Lease Cost VariableLeaseCost	194000	usd
CY2022Q3	us-gaap	Variable Lease Cost VariableLeaseCost	212000	usd
	us-gaap	Variable Lease Cost VariableLeaseCost	632000	usd
	us-gaap	Variable Lease Cost VariableLeaseCost	566000	usd
CY2023Q3	us-gaap	Lease Cost LeaseCost	1157000	usd
CY2022Q3	us-gaap	Lease Cost LeaseCost	1303000	usd
	us-gaap	Lease Cost LeaseCost	3425000	usd
	us-gaap	Lease Cost LeaseCost	3749000	usd
CY2023Q3	us-gaap	Operating Lease Payments OperatingLeasePayments	800000	usd
CY2022Q3	us-gaap	Operating Lease Payments OperatingLeasePayments	600000	usd
	us-gaap	Operating Lease Payments OperatingLeasePayments	2300000	usd
	us-gaap	Operating Lease Payments OperatingLeasePayments	1800000	usd
CY2023Q3	us-gaap	Lessee Operating Lease Liability Payments Remainder Of Fiscal Year LesseeOperatingLeaseLiabilityPaymentsRemainderOfFiscalYear	637000	usd
CY2023Q3	us-gaap	Lessee Operating Lease Liability Payments Due Next Twelve Months LesseeOperatingLeaseLiabilityPaymentsDueNextTwelveMonths	3016000	usd
CY2023Q3	us-gaap	Lessee Operating Lease Liability Payments Due Year Two LesseeOperatingLeaseLiabilityPaymentsDueYearTwo	2688000	usd
CY2023Q3	us-gaap	Lessee Operating Lease Liability Payments Due Year Three LesseeOperatingLeaseLiabilityPaymentsDueYearThree	2167000	usd
CY2023Q3	us-gaap	Lessee Operating Lease Liability Payments Due Year Four LesseeOperatingLeaseLiabilityPaymentsDueYearFour	627000	usd
CY2023Q3	sitm	Lessee Operating Lease Liability Payments Due Year Five And Thereafter LesseeOperatingLeaseLiabilityPaymentsDueYearFiveAndThereafter	190000	usd
CY2023Q3	us-gaap	Lessee Operating Lease Liability Payments Due LesseeOperatingLeaseLiabilityPaymentsDue	9325000	usd
CY2023Q3	us-gaap	Lessee Operating Lease Liability Undiscounted Excess Amount LesseeOperatingLeaseLiabilityUndiscountedExcessAmount	688000	usd
CY2023Q3	us-gaap	Operating Lease Liability OperatingLeaseLiability	8637000	usd
CY2023Q3	us-gaap	Operating Lease Liability Current OperatingLeaseLiabilityCurrent	2572000	usd
CY2023Q3	us-gaap	Operating Lease Liability Noncurrent OperatingLeaseLiabilityNoncurrent	6065000	usd
CY2023Q3	us-gaap	Income Loss From Continuing Operations Before Income Taxes Extraordinary Items Noncontrolling Interest IncomeLossFromContinuingOperationsBeforeIncomeTaxesExtraordinaryItemsNoncontrollingInterest	-18076000	usd
CY2022Q3	us-gaap	Income Loss From Continuing Operations Before Income Taxes Extraordinary Items Noncontrolling Interest IncomeLossFromContinuingOperationsBeforeIncomeTaxesExtraordinaryItemsNoncontrollingInterest	5786000	usd
	us-gaap	Income Loss From Continuing Operations Before Income Taxes Extraordinary Items Noncontrolling Interest IncomeLossFromContinuingOperationsBeforeIncomeTaxesExtraordinaryItemsNoncontrollingInterest	-60395000	usd
	us-gaap	Income Loss From Continuing Operations Before Income Taxes Extraordinary Items Noncontrolling Interest IncomeLossFromContinuingOperationsBeforeIncomeTaxesExtraordinaryItemsNoncontrollingInterest	24905000	usd
CY2023Q3	us-gaap	Income Tax Expense Benefit IncomeTaxExpenseBenefit	49000	usd
CY2022Q3	us-gaap	Income Tax Expense Benefit IncomeTaxExpenseBenefit	3000	usd
	us-gaap	Income Tax Expense Benefit IncomeTaxExpenseBenefit	142000	usd
	us-gaap	Income Tax Expense Benefit IncomeTaxExpenseBenefit	123000	usd
CY2023Q3	us-gaap	Effective Income Tax Rate Continuing Operations EffectiveIncomeTaxRateContinuingOperations	0
CY2022Q3	us-gaap	Effective Income Tax Rate Continuing Operations EffectiveIncomeTaxRateContinuingOperations	0
	us-gaap	Effective Income Tax Rate Continuing Operations EffectiveIncomeTaxRateContinuingOperations	0
	us-gaap	Effective Income Tax Rate Continuing Operations EffectiveIncomeTaxRateContinuingOperations	0
CY2023Q3	us-gaap	Unrecognized Tax Benefits UnrecognizedTaxBenefits	2300000	usd
CY2022Q4	us-gaap	Unrecognized Tax Benefits UnrecognizedTaxBenefits	2300000	usd
	us-gaap	Number Of Reportable Segments NumberOfReportableSegments	1	segment
CY2023Q3	us-gaap	Property Plant And Equipment Net PropertyPlantAndEquipmentNet	55916000	usd
CY2022Q4	us-gaap	Property Plant And Equipment Net PropertyPlantAndEquipmentNet	58772000	usd

Files In Submission

Name	View Source	Status
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0001451809-23-000088-index.html	Edgar Link	pending
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0001451809-23-000088-xbrl.zip	Edgar Link	pending
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MetaLinks.json	Edgar Link	pending
R1.htm	Edgar Link	pending
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FilingSummary.xml	Edgar Link	unprocessable
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R8.htm	Edgar Link	pending
R9.htm	Edgar Link	pending
report.css	Edgar Link	pending
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sitm-20230930.htm	Edgar Link	pending
sitm-20230930.xsd	Edgar Link	pending
sitm-20230930xexx311.htm	Edgar Link	pending
sitm-20230930xexx312.htm	Edgar Link	pending
sitm-20230930xexx321.htm	Edgar Link	pending
sitm-20230930xexx322.htm	Edgar Link	pending
sitm-20230930_cal.xml	Edgar Link	unprocessable
sitm-20230930_pre.xml	Edgar Link	unprocessable
sitm-20230930_lab.xml	Edgar Link	unprocessable
sitm-20230930_htm.xml	Edgar Link	completed

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$SITM
SITIME Corp Stock $sitm

2023 Q4 Form 10-Q Financial Statement

#000145180923000088 Filed on November 02, 2023

Income Statement

Balance Sheet

Cashflow Statement

Facts In Submission

Files In Submission

$SITM SITIME Corp Stock $sitm

2023 Q4 Form 10-Q Financial Statement

#000145180923000088 Filed on November 02, 2023

Income Statement

Balance Sheet

Cashflow Statement

Facts In Submission

Files In Submission

$SITM
SITIME Corp Stock $sitm