$SITM
SITIME Corp Stock $sitm

$sitm Overview Financials Valuation SEC Filings Company Website

2024 Q3 Form 10-Q Financial Statement

#000145180924000220 Filed on August 08, 2024

Income Statement

Concept	2024 Q3	2024 Q2
Revenue	$57.70M	$43.87M
YoY Change	62.44%	58.2%
Cost Of Revenue	$28.23M	$22.34M
YoY Change	80.93%	81.8%
Gross Profit	$29.47M	$21.52M
YoY Change	47.95%	39.42%
Gross Profit Margin	51.07%	49.07%
Selling, General & Admin	$25.36M	$25.19M
YoY Change	18.24%	18.4%
% of Gross Profit	86.06%	117.04%
Research & Development	$26.49M	$25.49M
YoY Change	12.02%	-4.05%
% of Gross Profit	89.89%	118.43%
Depreciation & Amortization	$4.000M	$3.800M
YoY Change	21.21%	15.15%
% of Gross Profit	13.57%	17.66%
Operating Expenses	$54.33M	$53.84M
YoY Change	20.48%	12.54%
Operating Profit	-$24.86M	-$32.32M
YoY Change	-1.25%	-0.26%
Interest Expense	$5.499M	$5.736M
YoY Change	-25.01%	-13.96%
% of Operating Profit
Other Income/Expense, Net	$168.0K	-$203.0K
YoY Change	-172.41%	26.09%
Pretax Income	-$19.20M	-$26.79M
YoY Change	6.2%	3.43%
Income Tax	$119.0K	-$18.00K
% Of Pretax Income
Net Earnings	-$19.32M	-$26.77M
YoY Change	6.57%	3.27%
Net Earnings / Revenue	-33.48%	-61.02%
Basic Earnings Per Share	-$0.83	-$1.16
Diluted Earnings Per Share	-$0.83	-$1.16
COMMON SHARES
Basic Shares Outstanding	23.13M shares	22.87M shares
Diluted Shares Outstanding	23.24M shares	23.00M shares

Balance Sheet

Concept	2024 Q3	2024 Q2
SHORT-TERM ASSETS
Cash & Short-Term Investments	$434.8M	$452.5M
YoY Change	-23.46%	-21.26%
Cash & Equivalents	$8.489M	$16.64M
Short-Term Investments	$426.3M	$435.9M
Other Short-Term Assets	$5.145M	$5.928M
YoY Change	-13.27%	-28.42%
Inventory	$71.88M	$70.79M
Prepaid Expenses	$3.749M	$3.350M
Receivables	$30.18M	$20.99M
Other Receivables	$0.00	$0.00
Total Short-Term Assets	$545.7M	$553.6M
YoY Change	-18.17%	-16.5%
LONG-TERM ASSETS
Property, Plant & Equipment	$69.69M	$58.69M
YoY Change	24.63%	-10.87%
Goodwill	$87.10M	$87.10M
YoY Change
Intangibles	$167.4M	$171.1M
YoY Change
Long-Term Investments
YoY Change
Other Assets	$1.049M	$996.0K
YoY Change	-89.87%	-90.49%
Total Long-Term Assets	$332.2M	$325.0M
YoY Change	311.16%	293.8%
TOTAL ASSETS
Total Short-Term Assets	$545.7M	$553.6M
Total Long-Term Assets	$332.2M	$325.0M
Total Assets	$877.9M	$878.6M
YoY Change	17.42%	17.85%
SHORT-TERM LIABILITIES
YoY Change
Accounts Payable	$17.94M	$14.49M
YoY Change	45.65%	48.42%
Accrued Expenses	$76.98M	$65.87M
YoY Change	305.14%	218.23%
Deferred Revenue
YoY Change
Short-Term Debt	$0.00	$0.00
YoY Change
Long-Term Debt Due
YoY Change
Total Short-Term Liabilities	$94.92M	$80.36M
YoY Change	203.45%	163.81%
LONG-TERM LIABILITIES
Long-Term Debt	$0.00	$0.00
YoY Change
Other Long-Term Liabilities	$86.75M	$105.7M
YoY Change		1459.85%
Total Long-Term Liabilities	$86.75M	$105.7M
YoY Change		1459.85%
TOTAL LIABILITIES
Total Short-Term Liabilities	$94.92M	$80.36M
Total Long-Term Liabilities	$86.75M	$105.7M
Total Liabilities	$181.7M	$186.0M
YoY Change	386.46%	399.62%
SHAREHOLDERS EQUITY
Retained Earnings	-$163.2M	-$143.9M
YoY Change	138.57%	186.16%
Common Stock	$859.4M	$836.4M
YoY Change	10.36%	10.26%
Preferred Stock
YoY Change
Treasury Stock (at cost)
YoY Change
Treasury Stock Shares
Shareholders Equity	$696.2M	$692.5M
YoY Change
Total Liabilities & Shareholders Equity	$877.9M	$878.6M
YoY Change	17.42%	17.85%

Cashflow Statement

Concept	2024 Q3	2024 Q2
OPERATING ACTIVITIES
Net Income	-$19.32M	-$26.77M
YoY Change	6.57%	3.27%
Depreciation, Depletion And Amortization	$4.000M	$3.800M
YoY Change	21.21%	15.15%
Cash From Operating Activities	$8.150M	-$181.0K
YoY Change	-170.26%	-96.25%
INVESTING ACTIVITIES
Capital Expenditures	$15.04M	$2.613M
YoY Change	401.3%	-32.34%
Acquisitions
YoY Change
Other Investing Activities	$10.38M	-$10.09M
YoY Change	17200.0%	-869.26%
Cash From Investing Activities	-$4.659M	-$12.70M
YoY Change	57.93%	397.77%
FINANCING ACTIVITIES
Cash Dividend Paid
YoY Change
Common Stock Issuance & Retirement, Net
YoY Change
Debt Paid & Issued, Net
YoY Change
Cash From Financing Activities	-11.64M	-66.76M
YoY Change	-1407.75%	12913.45%
NET CHANGE
Cash From Operating Activities	8.150M	-181.0K
Cash From Investing Activities	-4.659M	-12.70M
Cash From Financing Activities	-11.64M	-66.76M
Net Change In Cash	-8.148M	-79.64M
YoY Change	-40.35%	909.35%
FREE CASH FLOW
Cash From Operating Activities	$8.150M	-$181.0K
Capital Expenditures	$15.04M	$2.613M
Free Cash Flow	-$6.889M	-$2.794M
YoY Change	-52.82%	-67.84%

Facts In Submission

Frame	Concept Type	Concept / XBRL Key	Value	Unit
CY2024Q2	us-gaap	Common Stock Shares Outstanding CommonStockSharesOutstanding	23132000	shares
CY2024Q2	us-gaap	Common Stock Shares Issued CommonStockSharesIssued	23132000	shares
	us-gaap	Fair Value Recurring Basis Unobservable Input Reconciliation Liability Gain Loss Statement Of Income Extensible List FairValueRecurringBasisUnobservableInputReconciliationLiabilityGainLossStatementOfIncomeExtensibleList	http://fasb.org/us-gaap/2023#BusinessCombinationAcquisitionRelatedCosts
CY2024Q2	us-gaap	Operating Lease Liability Current Statement Of Financial Position Extensible List OperatingLeaseLiabilityCurrentStatementOfFinancialPositionExtensibleList	http://www.sitime.com/20240630#AccruedExpensesAndOtherCurrentLiabilities
CY2023Q4	us-gaap	Operating Lease Liability Current Statement Of Financial Position Extensible List OperatingLeaseLiabilityCurrentStatementOfFinancialPositionExtensibleList	http://www.sitime.com/20240630#AccruedExpensesAndOtherCurrentLiabilities
CY2024Q2	us-gaap	Deferred Offering Costs DeferredOfferingCosts	65000	usd
CY2023Q2	us-gaap	Deferred Offering Costs DeferredOfferingCosts	0	usd
	us-gaap	Right Of Use Asset Obtained In Exchange For Operating Lease Liability RightOfUseAssetObtainedInExchangeForOperatingLeaseLiability	186000	usd
	us-gaap	Right Of Use Asset Obtained In Exchange For Operating Lease Liability RightOfUseAssetObtainedInExchangeForOperatingLeaseLiability	0	usd
CY2024Q2	us-gaap	Held To Maturity Securities Fair Value HeldToMaturitySecuritiesFairValue	435500000	usd
CY2024Q2	us-gaap	Held To Maturity Securities Accumulated Unrecognized Holding Loss HeldToMaturitySecuritiesAccumulatedUnrecognizedHoldingLoss	400000	usd
CY2023Q4	us-gaap	Held To Maturity Securities Fair Value HeldToMaturitySecuritiesFairValue	519000000.0	usd
CY2023Q4	us-gaap	Held To Maturity Securities Accumulated Unrecognized Holding Loss HeldToMaturitySecuritiesAccumulatedUnrecognizedHoldingLoss	300000	usd
CY2023Q4	us-gaap	Fair Value Measurement With Unobservable Inputs Reconciliations Recurring Basis Liability Value FairValueMeasurementWithUnobservableInputsReconciliationsRecurringBasisLiabilityValue	103461000	usd
	us-gaap	Fair Value Measurement With Unobservable Inputs Reconciliation Recurring Basis Liability Gain Loss Included In Earnings FairValueMeasurementWithUnobservableInputsReconciliationRecurringBasisLiabilityGainLossIncludedInEarnings	3311000	usd
	us-gaap	Fair Value Measurement With Unobservable Inputs Reconciliation Recurring Basis Liability Settlements FairValueMeasurementWithUnobservableInputsReconciliationRecurringBasisLiabilitySettlements	5618000	usd
CY2024Q2	us-gaap	Fair Value Measurement With Unobservable Inputs Reconciliations Recurring Basis Liability Value FairValueMeasurementWithUnobservableInputsReconciliationsRecurringBasisLiabilityValue	101154000	usd
CY2023Q4	us-gaap	Accounts Receivable Gross Current AccountsReceivableGrossCurrent	21911000	usd
CY2022Q4	us-gaap	Accounts Receivable Gross Current AccountsReceivableGrossCurrent	41279000	usd
CY2023Q4	us-gaap	Allowance For Doubtful Accounts Receivable Current AllowanceForDoubtfulAccountsReceivableCurrent	50000	usd
CY2022Q4	us-gaap	Allowance For Doubtful Accounts Receivable Current AllowanceForDoubtfulAccountsReceivableCurrent	50000	usd
CY2023Q4	us-gaap	Accounts Receivable Net Current AccountsReceivableNetCurrent	21861000	usd
CY2022Q4	us-gaap	Accounts Receivable Net Current AccountsReceivableNetCurrent	41229000	usd
CY2024Q2	us-gaap	Inventory Raw Materials InventoryRawMaterials	15092000	usd
CY2023Q4	us-gaap	Inventory Raw Materials InventoryRawMaterials	17550000	usd
CY2024Q2	us-gaap	Inventory Work In Process InventoryWorkInProcess	39467000	usd
CY2023Q4	us-gaap	Inventory Work In Process InventoryWorkInProcess	35193000	usd
CY2024Q2	us-gaap	Inventory Finished Goods InventoryFinishedGoods	16226000	usd
CY2023Q4	us-gaap	Inventory Finished Goods InventoryFinishedGoods	12796000	usd
CY2024Q2	us-gaap	Inventory Net InventoryNet	70785000	usd
CY2023Q4	us-gaap	Inventory Net InventoryNet	65539000	usd
CY2024Q2	us-gaap	Prepaid Expense Current PrepaidExpenseCurrent	3350000	usd
CY2023Q4	us-gaap	Prepaid Expense Current PrepaidExpenseCurrent	3563000	usd
CY2024Q2	us-gaap	Other Assets Current OtherAssetsCurrent	5928000	usd
CY2023Q4	us-gaap	Other Assets Current OtherAssetsCurrent	4078000	usd
CY2024Q2	us-gaap	Prepaid Expense And Other Assets Current PrepaidExpenseAndOtherAssetsCurrent	9278000	usd
CY2023Q4	us-gaap	Prepaid Expense And Other Assets Current PrepaidExpenseAndOtherAssetsCurrent	7641000	usd
CY2024Q2	us-gaap	Property Plant And Equipment Gross PropertyPlantAndEquipmentGross	110383000	usd
CY2023Q4	us-gaap	Property Plant And Equipment Gross PropertyPlantAndEquipmentGross	99107000	usd
CY2024Q2	us-gaap	Accumulated Depreciation Depletion And Amortization Property Plant And Equipment AccumulatedDepreciationDepletionAndAmortizationPropertyPlantAndEquipment	51694000	usd
CY2023Q4	us-gaap	Accumulated Depreciation Depletion And Amortization Property Plant And Equipment AccumulatedDepreciationDepletionAndAmortizationPropertyPlantAndEquipment	44422000	usd
CY2024Q2	us-gaap	Property Plant And Equipment Net PropertyPlantAndEquipmentNet	58689000	usd
CY2023Q4	us-gaap	Property Plant And Equipment Net PropertyPlantAndEquipmentNet	54685000	usd
	us-gaap	Depreciation Depreciation	7400000	usd
	us-gaap	Depreciation Depreciation	6500000	usd
CY2024Q2	us-gaap	Finite Lived Intangible Assets Gross FiniteLivedIntangibleAssetsGross	127310000	usd
CY2024Q2	us-gaap	Finite Lived Intangible Assets Accumulated Amortization FiniteLivedIntangibleAssetsAccumulatedAmortization	25661000	usd
CY2024Q2	us-gaap	Finite Lived Intangible Assets Net FiniteLivedIntangibleAssetsNet	101649000	usd
CY2023Q4	us-gaap	Finite Lived Intangible Assets Gross FiniteLivedIntangibleAssetsGross	127144000	usd
CY2023Q4	us-gaap	Finite Lived Intangible Assets Accumulated Amortization FiniteLivedIntangibleAssetsAccumulatedAmortization	19565000	usd
CY2023Q4	us-gaap	Finite Lived Intangible Assets Net FiniteLivedIntangibleAssetsNet	107579000	usd
CY2024Q2	us-gaap	Intangible Assets Gross Excluding Goodwill IntangibleAssetsGrossExcludingGoodwill	196810000	usd
CY2024Q2	us-gaap	Finite Lived Intangible Assets Accumulated Amortization FiniteLivedIntangibleAssetsAccumulatedAmortization	25661000	usd
CY2024Q2	us-gaap	Intangible Assets Net Excluding Goodwill IntangibleAssetsNetExcludingGoodwill	171149000	usd
CY2023Q4	us-gaap	Intangible Assets Gross Excluding Goodwill IntangibleAssetsGrossExcludingGoodwill	196644000	usd
CY2023Q4	us-gaap	Finite Lived Intangible Assets Accumulated Amortization FiniteLivedIntangibleAssetsAccumulatedAmortization	19565000	usd
CY2023Q4	us-gaap	Intangible Assets Net Excluding Goodwill IntangibleAssetsNetExcludingGoodwill	177079000	usd
	us-gaap	Amortization Of Intangible Assets AmortizationOfIntangibleAssets	6100000	usd
	us-gaap	Amortization Of Intangible Assets AmortizationOfIntangibleAssets	1300000	usd
CY2024Q2	us-gaap	Finite Lived Intangible Assets Amortization Expense Remainder Of Fiscal Year FiniteLivedIntangibleAssetsAmortizationExpenseRemainderOfFiscalYear	7870000	usd
CY2024Q2	us-gaap	Finite Lived Intangible Assets Amortization Expense Next Twelve Months FiniteLivedIntangibleAssetsAmortizationExpenseNextTwelveMonths	15343000	usd
CY2024Q2	us-gaap	Finite Lived Intangible Assets Amortization Expense Year Two FiniteLivedIntangibleAssetsAmortizationExpenseYearTwo	15002000	usd
CY2024Q2	us-gaap	Finite Lived Intangible Assets Amortization Expense Year Three FiniteLivedIntangibleAssetsAmortizationExpenseYearThree	14634000	usd
CY2024Q2	us-gaap	Finite Lived Intangible Assets Amortization Expense Year Four FiniteLivedIntangibleAssetsAmortizationExpenseYearFour	12912000	usd
CY2024Q2	sitm	Finite Lived Intangible Assets Amortization Expense Year Five And After Year Five FiniteLivedIntangibleAssetsAmortizationExpenseYearFiveAndAfterYearFive	35888000	usd
CY2024Q2	us-gaap	Finite Lived Intangible Assets Net FiniteLivedIntangibleAssetsNet	101649000	usd
CY2024Q2	us-gaap	Employee Related Liabilities Current EmployeeRelatedLiabilitiesCurrent	7068000	usd
CY2023Q4	us-gaap	Employee Related Liabilities Current EmployeeRelatedLiabilitiesCurrent	6358000	usd
CY2024Q2	sitm	Revenue Reserves RevenueReserves	3365000	usd
CY2023Q4	sitm	Revenue Reserves RevenueReserves	2954000	usd
CY2024Q2	us-gaap	Business Combination Contingent Consideration Liability Current BusinessCombinationContingentConsiderationLiabilityCurrent	21514000	usd
CY2023Q4	us-gaap	Business Combination Contingent Consideration Liability Current BusinessCombinationContingentConsiderationLiabilityCurrent	19733000	usd
CY2024Q2	sitm	Business Combination Deferred Consideration Liability Current BusinessCombinationDeferredConsiderationLiabilityCurrent	27192000	usd
CY2023Q4	sitm	Business Combination Deferred Consideration Liability Current BusinessCombinationDeferredConsiderationLiabilityCurrent	75695000	usd
CY2024Q2	us-gaap	Operating Lease Liability Current OperatingLeaseLiabilityCurrent	2544000	usd
CY2023Q4	us-gaap	Operating Lease Liability Current OperatingLeaseLiabilityCurrent	2601000	usd
CY2024Q2	us-gaap	Other Accrued Liabilities Current OtherAccruedLiabilitiesCurrent	4191000	usd
CY2023Q4	us-gaap	Other Accrued Liabilities Current OtherAccruedLiabilitiesCurrent	5363000	usd
CY2024Q2	sitm	Accrued Expenses And Other Current Liabilities AccruedExpensesAndOtherCurrentLiabilities	65874000	usd
CY2023Q4	sitm	Accrued Expenses And Other Current Liabilities AccruedExpensesAndOtherCurrentLiabilities	112704000	usd
CY2024Q2	us-gaap	Business Combination Contingent Consideration Liability Noncurrent BusinessCombinationContingentConsiderationLiabilityNoncurrent	79640000	usd
CY2023Q4	us-gaap	Business Combination Contingent Consideration Liability Noncurrent BusinessCombinationContingentConsiderationLiabilityNoncurrent	83728000	usd
CY2024Q2	sitm	Business Combination Deferred Consideration Liability Noncurrent BusinessCombinationDeferredConsiderationLiabilityNoncurrent	21825000	usd
CY2023Q4	sitm	Business Combination Deferred Consideration Liability Noncurrent BusinessCombinationDeferredConsiderationLiabilityNoncurrent	33086000	usd
CY2024Q2	us-gaap	Operating Lease Liability Noncurrent OperatingLeaseLiabilityNoncurrent	4215000	usd
CY2023Q4	us-gaap	Operating Lease Liability Noncurrent OperatingLeaseLiabilityNoncurrent	5423000	usd
CY2024Q2	us-gaap	Liabilities Other Than Longterm Debt Noncurrent LiabilitiesOtherThanLongtermDebtNoncurrent	105680000	usd
CY2023Q4	us-gaap	Liabilities Other Than Longterm Debt Noncurrent LiabilitiesOtherThanLongtermDebtNoncurrent	122237000	usd
CY2024Q2	us-gaap	Operating Lease Right Of Use Asset OperatingLeaseRightOfUseAsset	7056000	usd
CY2023Q4	us-gaap	Operating Lease Right Of Use Asset OperatingLeaseRightOfUseAsset	8262000	usd
CY2024Q2	us-gaap	Operating Lease Liability Current OperatingLeaseLiabilityCurrent	2544000	usd
CY2023Q4	us-gaap	Operating Lease Liability Current OperatingLeaseLiabilityCurrent	2601000	usd
CY2024Q2	us-gaap	Operating Lease Liability Noncurrent OperatingLeaseLiabilityNoncurrent	4215000	usd
CY2023Q4	us-gaap	Operating Lease Liability Noncurrent OperatingLeaseLiabilityNoncurrent	5423000	usd
CY2024Q2	us-gaap	Operating Lease Liability OperatingLeaseLiability	6759000	usd
CY2023Q4	us-gaap	Operating Lease Liability OperatingLeaseLiability	8024000	usd
CY2024Q2	us-gaap	Operating Lease Weighted Average Remaining Lease Term1 OperatingLeaseWeightedAverageRemainingLeaseTerm1	P2Y8M12D
CY2023Q4	us-gaap	Operating Lease Weighted Average Remaining Lease Term1 OperatingLeaseWeightedAverageRemainingLeaseTerm1	P3Y1M6D
CY2024Q2	us-gaap	Operating Lease Weighted Average Discount Rate Percent OperatingLeaseWeightedAverageDiscountRatePercent	0.046
CY2023Q4	us-gaap	Operating Lease Weighted Average Discount Rate Percent OperatingLeaseWeightedAverageDiscountRatePercent	0.045
CY2024Q2	us-gaap	Operating Lease Cost OperatingLeaseCost	754000	usd
CY2023Q2	us-gaap	Operating Lease Cost OperatingLeaseCost	758000	usd
	us-gaap	Operating Lease Cost OperatingLeaseCost	1502000	usd
	us-gaap	Operating Lease Cost OperatingLeaseCost	1517000	usd
CY2024Q2	us-gaap	Short Term Lease Cost ShortTermLeaseCost	238000	usd
CY2023Q2	us-gaap	Short Term Lease Cost ShortTermLeaseCost	135000	usd
	us-gaap	Short Term Lease Cost ShortTermLeaseCost	415000	usd
	us-gaap	Short Term Lease Cost ShortTermLeaseCost	312000	usd
CY2024Q2	us-gaap	Variable Lease Cost VariableLeaseCost	268000	usd
CY2023Q2	us-gaap	Variable Lease Cost VariableLeaseCost	290000	usd
	us-gaap	Variable Lease Cost VariableLeaseCost	679000	usd
	us-gaap	Variable Lease Cost VariableLeaseCost	567000	usd
CY2024Q2	us-gaap	Lease Cost LeaseCost	1260000	usd
CY2023Q2	us-gaap	Lease Cost LeaseCost	1183000	usd
	us-gaap	Lease Cost LeaseCost	2596000	usd
	us-gaap	Lease Cost LeaseCost	2396000	usd
CY2024Q2	us-gaap	Operating Lease Payments OperatingLeasePayments	800000	usd
CY2023Q2	us-gaap	Operating Lease Payments OperatingLeasePayments	800000	usd
	us-gaap	Operating Lease Payments OperatingLeasePayments	1500000	usd
	us-gaap	Operating Lease Payments OperatingLeasePayments	1500000	usd
CY2024Q2	us-gaap	Lessee Operating Lease Liability Payments Remainder Of Fiscal Year LesseeOperatingLeaseLiabilityPaymentsRemainderOfFiscalYear	1533000	usd
CY2024Q2	us-gaap	Lessee Operating Lease Liability Payments Due Next Twelve Months LesseeOperatingLeaseLiabilityPaymentsDueNextTwelveMonths	2796000	usd
CY2024Q2	us-gaap	Lessee Operating Lease Liability Payments Due Year Two LesseeOperatingLeaseLiabilityPaymentsDueYearTwo	2195000	usd
CY2024Q2	us-gaap	Lessee Operating Lease Liability Payments Due Year Three LesseeOperatingLeaseLiabilityPaymentsDueYearThree	490000	usd
CY2024Q2	us-gaap	Lessee Operating Lease Liability Payments Due Year Four LesseeOperatingLeaseLiabilityPaymentsDueYearFour	134000	usd
CY2024Q2	sitm	Lessee Operating Lease Liability Payments Due Year Five And Thereafter LesseeOperatingLeaseLiabilityPaymentsDueYearFiveAndThereafter	45000	usd
CY2024Q2	us-gaap	Lessee Operating Lease Liability Payments Due LesseeOperatingLeaseLiabilityPaymentsDue	7193000	usd
CY2024Q2	us-gaap	Lessee Operating Lease Liability Undiscounted Excess Amount LesseeOperatingLeaseLiabilityUndiscountedExcessAmount	434000	usd
CY2024Q2	us-gaap	Operating Lease Liability OperatingLeaseLiability	6759000	usd
CY2024Q2	us-gaap	Operating Lease Liability Current OperatingLeaseLiabilityCurrent	2544000	usd
CY2024Q2	us-gaap	Operating Lease Liability Noncurrent OperatingLeaseLiabilityNoncurrent	4215000	usd
CY2024Q2	us-gaap	Employee Service Share Based Compensation Allocation Of Recognized Period Costs Capitalized Amount EmployeeServiceShareBasedCompensationAllocationOfRecognizedPeriodCostsCapitalizedAmount	337000	usd
CY2023Q2	us-gaap	Employee Service Share Based Compensation Allocation Of Recognized Period Costs Capitalized Amount EmployeeServiceShareBasedCompensationAllocationOfRecognizedPeriodCostsCapitalizedAmount	0	usd
	us-gaap	Employee Service Share Based Compensation Allocation Of Recognized Period Costs Capitalized Amount EmployeeServiceShareBasedCompensationAllocationOfRecognizedPeriodCostsCapitalizedAmount	805000	usd
	us-gaap	Employee Service Share Based Compensation Allocation Of Recognized Period Costs Capitalized Amount EmployeeServiceShareBasedCompensationAllocationOfRecognizedPeriodCostsCapitalizedAmount	0	usd
CY2024Q2	us-gaap	Sharebased Compensation Arrangement By Sharebased Payment Award Compensation Cost1 SharebasedCompensationArrangementBySharebasedPaymentAwardCompensationCost1	22353000	usd
CY2023Q2	us-gaap	Sharebased Compensation Arrangement By Sharebased Payment Award Compensation Cost1 SharebasedCompensationArrangementBySharebasedPaymentAwardCompensationCost1	21042000	usd
	us-gaap	Sharebased Compensation Arrangement By Sharebased Payment Award Compensation Cost1 SharebasedCompensationArrangementBySharebasedPaymentAwardCompensationCost1	45247000	usd
	us-gaap	Sharebased Compensation Arrangement By Sharebased Payment Award Compensation Cost1 SharebasedCompensationArrangementBySharebasedPaymentAwardCompensationCost1	40178000	usd
CY2024Q2	us-gaap	Income Loss From Continuing Operations Before Income Taxes Extraordinary Items Noncontrolling Interest IncomeLossFromContinuingOperationsBeforeIncomeTaxesExtraordinaryItemsNoncontrollingInterest	-26787000	usd
CY2023Q2	us-gaap	Income Loss From Continuing Operations Before Income Taxes Extraordinary Items Noncontrolling Interest IncomeLossFromContinuingOperationsBeforeIncomeTaxesExtraordinaryItemsNoncontrollingInterest	-25899000	usd
	us-gaap	Income Loss From Continuing Operations Before Income Taxes Extraordinary Items Noncontrolling Interest IncomeLossFromContinuingOperationsBeforeIncomeTaxesExtraordinaryItemsNoncontrollingInterest	-55478000	usd
	us-gaap	Income Loss From Continuing Operations Before Income Taxes Extraordinary Items Noncontrolling Interest IncomeLossFromContinuingOperationsBeforeIncomeTaxesExtraordinaryItemsNoncontrollingInterest	-42319000	usd
CY2024Q2	us-gaap	Income Tax Expense Benefit IncomeTaxExpenseBenefit	-18000	usd
CY2023Q2	us-gaap	Income Tax Expense Benefit IncomeTaxExpenseBenefit	23000	usd
	us-gaap	Income Tax Expense Benefit IncomeTaxExpenseBenefit	-5000	usd
	us-gaap	Income Tax Expense Benefit IncomeTaxExpenseBenefit	93000	usd
CY2024Q2	us-gaap	Effective Income Tax Rate Continuing Operations EffectiveIncomeTaxRateContinuingOperations	0
CY2023Q2	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
CY2024Q2	us-gaap	Unrecognized Tax Benefits UnrecognizedTaxBenefits	2300000	usd
CY2023Q4	us-gaap	Unrecognized Tax Benefits UnrecognizedTaxBenefits	2300000	usd
	us-gaap	Number Of Reportable Segments NumberOfReportableSegments	1	segment
	us-gaap	Number Of Operating Segments NumberOfOperatingSegments	1	segment
CY2024Q2	us-gaap	Property Plant And Equipment Net PropertyPlantAndEquipmentNet	58689000	usd
CY2023Q4	us-gaap	Property Plant And Equipment Net PropertyPlantAndEquipmentNet	54685000	usd
CY2024Q2	us-gaap	Purchase Obligation Future Minimum Payments Remainder Of Fiscal Year PurchaseObligationFutureMinimumPaymentsRemainderOfFiscalYear	4059000	usd
CY2024Q2	us-gaap	Purchase Obligation Due In Next Twelve Months PurchaseObligationDueInNextTwelveMonths	8654000	usd
CY2024Q2	us-gaap	Purchase Obligation Due In Second Year PurchaseObligationDueInSecondYear	8239000	usd
CY2024Q2	us-gaap	Purchase Obligation Due In Third Year PurchaseObligationDueInThirdYear	1419000	usd
CY2024Q2	us-gaap	Purchase Obligation Due In Fourth Year PurchaseObligationDueInFourthYear	525000	usd
CY2024Q2	us-gaap	Purchase Obligation PurchaseObligation	22896000	usd
CY2024Q2	us-gaap	Net Income Loss NetIncomeLoss	-26769000	usd
CY2023Q2	us-gaap	Net Income Loss NetIncomeLoss	-25922000	usd
	us-gaap	Net Income Loss NetIncomeLoss	-55473000	usd
	us-gaap	Net Income Loss NetIncomeLoss	-42412000	usd
CY2024Q2	us-gaap	Weighted Average Number Of Shares Outstanding Basic WeightedAverageNumberOfSharesOutstandingBasic	22997000	shares
CY2023Q2	us-gaap	Weighted Average Number Of Shares Outstanding Basic WeightedAverageNumberOfSharesOutstandingBasic	22074000	shares
	us-gaap	Weighted Average Number Of Shares Outstanding Basic WeightedAverageNumberOfSharesOutstandingBasic	22881000	shares
	us-gaap	Weighted Average Number Of Shares Outstanding Basic WeightedAverageNumberOfSharesOutstandingBasic	21934000	shares
CY2024Q2	us-gaap	Incremental Common Shares Attributable To Share Based Payment Arrangements IncrementalCommonSharesAttributableToShareBasedPaymentArrangements	0	shares
CY2023Q2	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	0	shares
	us-gaap	Incremental Common Shares Attributable To Share Based Payment Arrangements IncrementalCommonSharesAttributableToShareBasedPaymentArrangements	0	shares
CY2024Q2	us-gaap	Weighted Average Number Of Diluted Shares Outstanding WeightedAverageNumberOfDilutedSharesOutstanding	22997000	shares
CY2023Q2	us-gaap	Weighted Average Number Of Diluted Shares Outstanding WeightedAverageNumberOfDilutedSharesOutstanding	22074000	shares
	us-gaap	Weighted Average Number Of Diluted Shares Outstanding WeightedAverageNumberOfDilutedSharesOutstanding	22881000	shares
	us-gaap	Weighted Average Number Of Diluted Shares Outstanding WeightedAverageNumberOfDilutedSharesOutstanding	21934000	shares
CY2024Q2	us-gaap	Earnings Per Share Basic EarningsPerShareBasic	-1.16
CY2023Q2	us-gaap	Earnings Per Share Basic EarningsPerShareBasic	-1.17
	us-gaap	Earnings Per Share Basic EarningsPerShareBasic	-2.42
	us-gaap	Earnings Per Share Basic EarningsPerShareBasic	-1.93
CY2024Q2	us-gaap	Earnings Per Share Diluted EarningsPerShareDiluted	-1.16
CY2023Q2	us-gaap	Earnings Per Share Diluted EarningsPerShareDiluted	-1.17
	us-gaap	Earnings Per Share Diluted EarningsPerShareDiluted	-2.42
	us-gaap	Earnings Per Share Diluted EarningsPerShareDiluted	-1.93
CY2024Q2	us-gaap	Antidilutive Securities Excluded From Computation Of Earnings Per Share Amount AntidilutiveSecuritiesExcludedFromComputationOfEarningsPerShareAmount	766620	shares
CY2023Q2	us-gaap	Antidilutive Securities Excluded From Computation Of Earnings Per Share Amount AntidilutiveSecuritiesExcludedFromComputationOfEarningsPerShareAmount	1267359	shares
	us-gaap	Antidilutive Securities Excluded From Computation Of Earnings Per Share Amount AntidilutiveSecuritiesExcludedFromComputationOfEarningsPerShareAmount	698148	shares
	us-gaap	Antidilutive Securities Excluded From Computation Of Earnings Per Share Amount AntidilutiveSecuritiesExcludedFromComputationOfEarningsPerShareAmount	1353845	shares
CY2024Q2	ecd	Non Rule10b51 Arr Adopted Flag NonRule10b51ArrAdoptedFlag	false
CY2024Q2	ecd	Rule10b51 Arr Trmntd Flag Rule10b51ArrTrmntdFlag	false
CY2024Q2	ecd	Non Rule10b51 Arr Trmntd Flag NonRule10b51ArrTrmntdFlag	false

Files In Submission

Name	View Source	Status
sitm-20240630_cal.xml	Edgar Link	unprocessable
0001451809-24-000220-index-headers.html	Edgar Link	pending
0001451809-24-000220-index.html	Edgar Link	pending
0001451809-24-000220.txt	Edgar Link	pending
0001451809-24-000220-xbrl.zip	Edgar Link	pending
Financial_Report.xlsx	Edgar Link	pending
MetaLinks.json	Edgar Link	pending
R1.htm	Edgar Link	pending
R10.htm	Edgar Link	pending
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R34.htm	Edgar Link	pending
FilingSummary.xml	Edgar Link	unprocessable
R35.htm	Edgar Link	pending
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R6.htm	Edgar Link	pending
R7.htm	Edgar Link	pending
R8.htm	Edgar Link	pending
R9.htm	Edgar Link	pending
report.css	Edgar Link	pending
Show.js	Edgar Link	pending
sitm-20240630.htm	Edgar Link	pending
sitm-20240630.xsd	Edgar Link	pending
sitm-q224xexx311.htm	Edgar Link	pending
sitm-q224xexx312.htm	Edgar Link	pending
sitm-q224xexx321.htm	Edgar Link	pending
sitm-q224xexx322.htm	Edgar Link	pending
sitm-20240630_def.xml	Edgar Link	unprocessable
sitm-20240630_lab.xml	Edgar Link	unprocessable
sitm-20240630_pre.xml	Edgar Link	unprocessable
sitm-20240630_htm.xml	Edgar Link	completed

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$SITM
SITIME Corp Stock $sitm

2024 Q3 Form 10-Q Financial Statement

#000145180924000220 Filed on August 08, 2024

Income Statement

Balance Sheet

Cashflow Statement

Facts In Submission

Files In Submission

$SITM SITIME Corp Stock $sitm

2024 Q3 Form 10-Q Financial Statement

#000145180924000220 Filed on August 08, 2024

Income Statement

Balance Sheet

Cashflow Statement

Facts In Submission

Files In Submission

$SITM
SITIME Corp Stock $sitm