Cambium Networks (CMBM) quarterly balance sheet covering the six quarters from June 2022 to September 2023, as reported to the SEC.
A balance sheet shows what a company owns and what it owes on a single date. The difference between the two belongs to shareholders.
| Sep'23 | Jun'23 | Mar'23 | Dec'22 | Sep'22 | Jun'22 | ||||||||||||||||
|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|
ASSETS | |||||||||||||||||||||
Current assets | |||||||||||||||||||||
Cash | |||||||||||||||||||||
27,529 | 31,978 | 38,696 | 48,162 | 44,859 | 45,929 | xxxxx | xxxxx | xxxxx | xxxxx | xxxxx | xxxxx | xxxxx | xxxxx | xxxxx | xxxxx | ||||||
Cash | 27,529 | 31,978 | 38,696 | 48,162 | 44,859 | 45,929 | xxxxx | xxxxx | xxxxx | xxxxx | xxxxx | xxxxx | xxxxx | xxxxx | xxxxx | xxxxx | |||||
Receivables, net of allowances of $577 and $734 | |||||||||||||||||||||
60,444 | 86,819 | 98,207 | 89,321 | 84,352 | 79,538 | xxxxx | xxxxx | xxxxx | xxxxx | xxxxx | xxxxx | xxxxx | xxxxx | xxxxx | xxxxx | ||||||
Receivables, net of allowances of $577 and $734 | 60,444 | 86,819 | 98,207 | 89,321 | 84,352 | 79,538 | xxxxx | xxxxx | xxxxx | xxxxx | xxxxx | xxxxx | xxxxx | xxxxx | xxxxx | xxxxx | |||||
Inventories, net | |||||||||||||||||||||
79,764 | 82,348 | 68,333 | 57,068 | 50,641 | 47,442 | xxxxx | xxxxx | xxxxx | xxxxx | xxxxx | xxxxx | xxxxx | xxxxx | xxxxx | xxxxx | ||||||
Inventories, net | 79,764 | 82,348 | 68,333 | 57,068 | 50,641 | 47,442 | xxxxx | xxxxx | xxxxx | xxxxx | xxxxx | xxxxx | xxxxx | xxxxx | xxxxx | xxxxx | |||||
Recoverable income taxes | |||||||||||||||||||||
982 | 98 | 122 | 117 | 299 | 280 | xxxxx | xxxxx | xxxxx | xxxxx | xxxxx | xxxxx | xxxxx | xxxxx | xxxxx | xxxxx | ||||||
Recoverable income taxes | 982 | 98 | 122 | 117 | 299 | 280 | xxxxx | xxxxx | xxxxx | xxxxx | xxxxx | xxxxx | xxxxx | xxxxx | xxxxx | xxxxx | |||||
Prepaid expenses | |||||||||||||||||||||
8,810 | 8,042 | 10,792 | 11,857 | 8,088 | 3,980 | xxxxx | xxxxx | xxxxx | xxxxx | xxxxx | xxxxx | xxxxx | xxxxx | xxxxx | xxxxx | ||||||
Prepaid expenses | 8,810 | 8,042 | 10,792 | 11,857 | 8,088 | 3,980 | xxxxx | xxxxx | xxxxx | xxxxx | xxxxx | xxxxx | xxxxx | xxxxx | xxxxx | xxxxx | |||||
Other current assets | |||||||||||||||||||||
9,643 | 9,020 | 7,557 | 6,464 | 5,816 | 5,251 | xxxxx | xxxxx | xxxxx | xxxxx | xxxxx | xxxxx | xxxxx | xxxxx | xxxxx | xxxxx | ||||||
Other current assets | 9,643 | 9,020 | 7,557 | 6,464 | 5,816 | 5,251 | xxxxx | xxxxx | xxxxx | xxxxx | xxxxx | xxxxx | xxxxx | xxxxx | xxxxx | xxxxx | |||||
Total current assets | |||||||||||||||||||||
187,172 | 218,305 | 223,707 | 212,989 | 194,055 | 182,420 | xxxxx | xxxxx | xxxxx | xxxxx | xxxxx | xxxxx | xxxxx | xxxxx | xxxxx | xxxxx | ||||||
Total current assets | 187,172 | 218,305 | 223,707 | 212,989 | 194,055 | 182,420 | xxxxx | xxxxx | xxxxx | xxxxx | xxxxx | xxxxx | xxxxx | xxxxx | xxxxx | xxxxx | |||||
Noncurrent assets | |||||||||||||||||||||
Property and equipment, net | |||||||||||||||||||||
11,365 | 11,375 | 11,521 | 11,271 | 11,054 | 10,929 | xxxxx | xxxxx | xxxxx | xxxxx | xxxxx | xxxxx | xxxxx | xxxxx | xxxxx | xxxxx | ||||||
Property and equipment, net | 11,365 | 11,375 | 11,521 | 11,271 | 11,054 | 10,929 | xxxxx | xxxxx | xxxxx | xxxxx | xxxxx | xxxxx | xxxxx | xxxxx | xxxxx | xxxxx | |||||
Software, net | |||||||||||||||||||||
11,804 | 10,484 | 9,309 | 8,439 | 7,772 | 6,847 | xxxxx | xxxxx | xxxxx | xxxxx | xxxxx | xxxxx | xxxxx | xxxxx | xxxxx | xxxxx | ||||||
Software, net | 11,804 | 10,484 | 9,309 | 8,439 | 7,772 | 6,847 | xxxxx | xxxxx | xxxxx | xxxxx | xxxxx | xxxxx | xxxxx | xxxxx | xxxxx | xxxxx | |||||
Operating lease assets | |||||||||||||||||||||
4,257 | 4,823 | 4,709 | 4,011 | 4,548 | 4,938 | xxxxx | xxxxx | xxxxx | xxxxx | xxxxx | xxxxx | xxxxx | xxxxx | xxxxx | xxxxx | ||||||
Operating lease assets | 4,257 | 4,823 | 4,709 | 4,011 | 4,548 | 4,938 | xxxxx | xxxxx | xxxxx | xxxxx | xxxxx | xxxxx | xxxxx | xxxxx | xxxxx | xxxxx | |||||
Intangible assets, net | |||||||||||||||||||||
8,050 | 8,424 | 8,799 | 9,173 | 9,548 | 9,938 | xxxxx | xxxxx | xxxxx | xxxxx | xxxxx | xxxxx | xxxxx | xxxxx | xxxxx | xxxxx | ||||||
Intangible assets, net | 8,050 | 8,424 | 8,799 | 9,173 | 9,548 | 9,938 | xxxxx | xxxxx | xxxxx | xxxxx | xxxxx | xxxxx | xxxxx | xxxxx | xxxxx | xxxxx | |||||
Goodwill | |||||||||||||||||||||
9,842 | 9,842 | 9,842 | 9,842 | 9,842 | 9,842 | xxxxx | xxxxx | xxxxx | xxxxx | xxxxx | xxxxx | xxxxx | xxxxx | xxxxx | xxxxx | ||||||
Goodwill | 9,842 | 9,842 | 9,842 | 9,842 | 9,842 | 9,842 | xxxxx | xxxxx | xxxxx | xxxxx | xxxxx | xxxxx | xxxxx | xxxxx | xxxxx | xxxxx | |||||
Deferred tax assets, net | |||||||||||||||||||||
12,494 | 16,106 | 14,301 | 12,782 | 9,593 | 8,897 | xxxxx | xxxxx | xxxxx | xxxxx | xxxxx | xxxxx | xxxxx | xxxxx | xxxxx | xxxxx | ||||||
Deferred tax assets, net | 12,494 | 16,106 | 14,301 | 12,782 | 9,593 | 8,897 | xxxxx | xxxxx | xxxxx | xxxxx | xxxxx | xxxxx | xxxxx | xxxxx | xxxxx | xxxxx | |||||
Deferred tax assets, net | |||||||||||||||||||||
- | - | - | - | - | - | xxxxx | xxxxx | xxxxx | xxxxx | xxxxx | xxxxx | xxxxx | xxxxx | xxxxx | xxxxx | ||||||
Deferred tax assets, net | - | - | - | - | - | - | xxxxx | xxxxx | xxxxx | xxxxx | xxxxx | xxxxx | xxxxx | xxxxx | xxxxx | xxxxx | |||||
Other noncurrent assets | |||||||||||||||||||||
880 | 929 | 876 | 955 | 1,035 | 1,089 | xxxxx | xxxxx | xxxxx | xxxxx | xxxxx | xxxxx | xxxxx | xxxxx | xxxxx | xxxxx | ||||||
Other noncurrent assets | 880 | 929 | 876 | 955 | 1,035 | 1,089 | xxxxx | xxxxx | xxxxx | xxxxx | xxxxx | xxxxx | xxxxx | xxxxx | xxxxx | xxxxx | |||||
TOTAL ASSETS | |||||||||||||||||||||
245,864 | 280,288 | 283,064 | 269,462 | 247,447 | 234,900 | xxxxx | xxxxx | xxxxx | xxxxx | xxxxx | xxxxx | xxxxx | xxxxx | xxxxx | xxxxx | ||||||
TOTAL ASSETS | 245,864 | 280,288 | 283,064 | 269,462 | 247,447 | 234,900 | xxxxx | xxxxx | xxxxx | xxxxx | xxxxx | xxxxx | xxxxx | xxxxx | xxxxx | xxxxx | |||||
LIABILITIES AND EQUITY | |||||||||||||||||||||
Current liabilities | |||||||||||||||||||||
Accounts payable | |||||||||||||||||||||
24,849 | 30,067 | 29,537 | 31,284 | 28,167 | 28,096 | xxxxx | xxxxx | xxxxx | xxxxx | xxxxx | xxxxx | xxxxx | xxxxx | xxxxx | xxxxx | ||||||
Accounts payable | 24,849 | 30,067 | 29,537 | 31,284 | 28,167 | 28,096 | xxxxx | xxxxx | xxxxx | xxxxx | xxxxx | xxxxx | xxxxx | xxxxx | xxxxx | xxxxx | |||||
Accrued liabilities | |||||||||||||||||||||
20,690 | 26,364 | 31,657 | 28,042 | 27,312 | 29,129 | xxxxx | xxxxx | xxxxx | xxxxx | xxxxx | xxxxx | xxxxx | xxxxx | xxxxx | xxxxx | ||||||
Accrued liabilities | 20,690 | 26,364 | 31,657 | 28,042 | 27,312 | 29,129 | xxxxx | xxxxx | xxxxx | xxxxx | xxxxx | xxxxx | xxxxx | xxxxx | xxxxx | xxxxx | |||||
Employee compensation | |||||||||||||||||||||
5,333 | 5,852 | 6,991 | 7,394 | 6,475 | 5,580 | xxxxx | xxxxx | xxxxx | xxxxx | xxxxx | xxxxx | xxxxx | xxxxx | xxxxx | xxxxx | ||||||
Employee compensation | 5,333 | 5,852 | 6,991 | 7,394 | 6,475 | 5,580 | xxxxx | xxxxx | xxxxx | xxxxx | xxxxx | xxxxx | xxxxx | xxxxx | xxxxx | xxxxx | |||||
Current portion of long-term external debt, net | |||||||||||||||||||||
3,173 | 3,166 | 3,160 | 3,158 | 3,155 | 3,152 | xxxxx | xxxxx | xxxxx | xxxxx | xxxxx | xxxxx | xxxxx | xxxxx | xxxxx | xxxxx | ||||||
Current portion of long-term external debt, net | 3,173 | 3,166 | 3,160 | 3,158 | 3,155 | 3,152 | xxxxx | xxxxx | xxxxx | xxxxx | xxxxx | xxxxx | xxxxx | xxxxx | xxxxx | xxxxx | |||||
Payable to Sponsor | |||||||||||||||||||||
- | - | - | - | - | - | xxxxx | xxxxx | xxxxx | xxxxx | xxxxx | xxxxx | xxxxx | xxxxx | xxxxx | xxxxx | ||||||
Payable to Sponsor | - | - | - | - | - | - | xxxxx | xxxxx | xxxxx | xxxxx | xxxxx | xxxxx | xxxxx | xxxxx | xxxxx | xxxxx | |||||
Deferred revenues | |||||||||||||||||||||
8,791 | 8,307 | 8,761 | 8,913 | 8,226 | 7,269 | xxxxx | xxxxx | xxxxx | xxxxx | xxxxx | xxxxx | xxxxx | xxxxx | xxxxx | xxxxx | ||||||
Deferred revenues | 8,791 | 8,307 | 8,761 | 8,913 | 8,226 | 7,269 | xxxxx | xxxxx | xxxxx | xxxxx | xxxxx | xxxxx | xxxxx | xxxxx | xxxxx | xxxxx | |||||
Other current liabilities | |||||||||||||||||||||
15,988 | 15,323 | 13,667 | 8,429 | 6,853 | 6,388 | xxxxx | xxxxx | xxxxx | xxxxx | xxxxx | xxxxx | xxxxx | xxxxx | xxxxx | xxxxx | ||||||
Other current liabilities | 15,988 | 15,323 | 13,667 | 8,429 | 6,853 | 6,388 | xxxxx | xxxxx | xxxxx | xxxxx | xxxxx | xxxxx | xxxxx | xxxxx | xxxxx | xxxxx | |||||
Total current liabilities | |||||||||||||||||||||
78,824 | 89,079 | 93,773 | 87,220 | 80,188 | 79,614 | xxxxx | xxxxx | xxxxx | xxxxx | xxxxx | xxxxx | xxxxx | xxxxx | xxxxx | xxxxx | ||||||
Total current liabilities | 78,824 | 89,079 | 93,773 | 87,220 | 80,188 | 79,614 | xxxxx | xxxxx | xxxxx | xxxxx | xxxxx | xxxxx | xxxxx | xxxxx | xxxxx | xxxxx | |||||
Noncurrent liabilities | |||||||||||||||||||||
Long-term external debt, net | |||||||||||||||||||||
22,588 | 23,212 | 23,837 | 24,463 | 25,090 | 25,715 | xxxxx | xxxxx | xxxxx | xxxxx | xxxxx | xxxxx | xxxxx | xxxxx | xxxxx | xxxxx | ||||||
Long-term external debt, net | 22,588 | 23,212 | 23,837 | 24,463 | 25,090 | 25,715 | xxxxx | xxxxx | xxxxx | xxxxx | xxxxx | xxxxx | xxxxx | xxxxx | xxxxx | xxxxx | |||||
Deferred revenues | |||||||||||||||||||||
9,731 | 9,281 | 8,666 | 8,617 | 8,201 | 6,796 | xxxxx | xxxxx | xxxxx | xxxxx | xxxxx | xxxxx | xxxxx | xxxxx | xxxxx | xxxxx | ||||||
Deferred revenues | 9,731 | 9,281 | 8,666 | 8,617 | 8,201 | 6,796 | xxxxx | xxxxx | xxxxx | xxxxx | xxxxx | xxxxx | xxxxx | xxxxx | xxxxx | xxxxx | |||||
Noncurrent operating lease liabilities | |||||||||||||||||||||
2,793 | 3,033 | 2,723 | 2,170 | 2,558 | 3,051 | xxxxx | xxxxx | xxxxx | xxxxx | xxxxx | xxxxx | xxxxx | xxxxx | xxxxx | xxxxx | ||||||
Noncurrent operating lease liabilities | 2,793 | 3,033 | 2,723 | 2,170 | 2,558 | 3,051 | xxxxx | xxxxx | xxxxx | xxxxx | xxxxx | xxxxx | xxxxx | xxxxx | xxxxx | xxxxx | |||||
Deferred tax liabilities, net | |||||||||||||||||||||
- | - | - | - | - | - | xxxxx | xxxxx | xxxxx | xxxxx | xxxxx | xxxxx | xxxxx | xxxxx | xxxxx | xxxxx | ||||||
Deferred tax liabilities, net | - | - | - | - | - | - | xxxxx | xxxxx | xxxxx | xxxxx | xxxxx | xxxxx | xxxxx | xxxxx | xxxxx | xxxxx | |||||
Deferred tax liabilities, net | |||||||||||||||||||||
- | - | - | - | - | - | xxxxx | xxxxx | xxxxx | xxxxx | xxxxx | xxxxx | xxxxx | xxxxx | xxxxx | xxxxx | ||||||
Deferred tax liabilities, net | - | - | - | - | - | - | xxxxx | xxxxx | xxxxx | xxxxx | xxxxx | xxxxx | xxxxx | xxxxx | xxxxx | xxxxx | |||||
Other noncurrent liabilities | |||||||||||||||||||||
1,705 | 1,632 | 1,529 | 1,619 | 1,589 | 1,572 | xxxxx | xxxxx | xxxxx | xxxxx | xxxxx | xxxxx | xxxxx | xxxxx | xxxxx | xxxxx | ||||||
Other noncurrent liabilities | 1,705 | 1,632 | 1,529 | 1,619 | 1,589 | 1,572 | xxxxx | xxxxx | xxxxx | xxxxx | xxxxx | xxxxx | xxxxx | xxxxx | xxxxx | xxxxx | |||||
Total liabilities | |||||||||||||||||||||
115,641 | 126,237 | 130,528 | 124,089 | 117,626 | 116,748 | xxxxx | xxxxx | xxxxx | xxxxx | xxxxx | xxxxx | xxxxx | xxxxx | xxxxx | xxxxx | ||||||
Total liabilities | 115,641 | 126,237 | 130,528 | 124,089 | 117,626 | 116,748 | xxxxx | xxxxx | xxxxx | xxxxx | xxxxx | xxxxx | xxxxx | xxxxx | xxxxx | xxxxx | |||||
Shareholders' equity | |||||||||||||||||||||
Share capital; $0.0001 par value; 500,000,000 shares authorized at December 31, 2022 and September 30, 2023; 27,522,734 shares issued and 27,313,273 outstanding at December 31, 2022 and 27,917,429 shares issued and 27,661,860 outstanding at September 30, 2023 | |||||||||||||||||||||
3 | 3 | 3 | 3 | 3 | 3 | xxxxx | xxxxx | xxxxx | xxxxx | xxxxx | xxxxx | xxxxx | xxxxx | xxxxx | xxxxx | ||||||
Share capital; $0.0001 par value; 500,000,000 shares authorized at December 31, 2022 and September 30, 2023; 27,522,734 shares issued and 27,313,273 outstanding at December 31, 2022 and 27,917,429 shares issued and 27,661,860 outstanding at September 30, 2023 | 3 | 3 | 3 | 3 | 3 | 3 | xxxxx | xxxxx | xxxxx | xxxxx | xxxxx | xxxxx | xxxxx | xxxxx | xxxxx | xxxxx | |||||
Additional paid in capital | |||||||||||||||||||||
149,165 | 146,528 | 142,009 | 138,997 | 133,158 | 130,430 | xxxxx | xxxxx | xxxxx | xxxxx | xxxxx | xxxxx | xxxxx | xxxxx | xxxxx | xxxxx | ||||||
Additional paid in capital | 149,165 | 146,528 | 142,009 | 138,997 | 133,158 | 130,430 | xxxxx | xxxxx | xxxxx | xxxxx | xxxxx | xxxxx | xxxxx | xxxxx | xxxxx | xxxxx | |||||
Capital contribution | |||||||||||||||||||||
- | - | - | - | - | - | xxxxx | xxxxx | xxxxx | xxxxx | xxxxx | xxxxx | xxxxx | xxxxx | xxxxx | xxxxx | ||||||
Capital contribution | - | - | - | - | - | - | xxxxx | xxxxx | xxxxx | xxxxx | xxxxx | xxxxx | xxxxx | xxxxx | xxxxx | xxxxx | |||||
Treasury shares, at cost, 209,461 shares at December 31, 2022 and 255,569 shares at September 30, 2023 | |||||||||||||||||||||
5,600 | 5,509 | 5,133 | 4,922 | 4,723 | 4,512 | xxxxx | xxxxx | xxxxx | xxxxx | xxxxx | xxxxx | xxxxx | xxxxx | xxxxx | xxxxx | ||||||
Treasury shares, at cost, 209,461 shares at December 31, 2022 and 255,569 shares at September 30, 2023 | 5,600 | 5,509 | 5,133 | 4,922 | 4,723 | 4,512 | xxxxx | xxxxx | xxxxx | xxxxx | xxxxx | xxxxx | xxxxx | xxxxx | xxxxx | xxxxx | |||||
Accumulated earnings (deficit) | |||||||||||||||||||||
-11,744 | 14,456 | 17,098 | 12,822 | 2,811 | -6,624 | xxxxx | xxxxx | xxxxx | xxxxx | xxxxx | xxxxx | xxxxx | xxxxx | xxxxx | xxxxx | ||||||
Accumulated earnings (deficit) | -11,744 | 14,456 | 17,098 | 12,822 | 2,811 | -6,624 | xxxxx | xxxxx | xxxxx | xxxxx | xxxxx | xxxxx | xxxxx | xxxxx | xxxxx | xxxxx | |||||
Accumulated other comprehensive loss | |||||||||||||||||||||
-1,601 | -1,427 | -1,441 | -1,527 | -1,428 | -1,145 | xxxxx | xxxxx | xxxxx | xxxxx | xxxxx | xxxxx | xxxxx | xxxxx | xxxxx | xxxxx | ||||||
Accumulated other comprehensive loss | -1,601 | -1,427 | -1,441 | -1,527 | -1,428 | -1,145 | xxxxx | xxxxx | xxxxx | xxxxx | xxxxx | xxxxx | xxxxx | xxxxx | xxxxx | xxxxx | |||||
Total shareholders' equity | |||||||||||||||||||||
130,223 | 154,051 | 152,536 | 145,373 | 129,821 | 118,152 | xxxxx | xxxxx | xxxxx | xxxxx | xxxxx | xxxxx | xxxxx | xxxxx | xxxxx | xxxxx | ||||||
Total shareholders' equity | 130,223 | 154,051 | 152,536 | 145,373 | 129,821 | 118,152 | xxxxx | xxxxx | xxxxx | xxxxx | xxxxx | xxxxx | xxxxx | xxxxx | xxxxx | xxxxx | |||||
TOTAL LIABILITIES AND EQUITY | |||||||||||||||||||||
245,864 | 280,288 | 283,064 | 269,462 | 247,447 | 234,900 | xxxxx | xxxxx | xxxxx | xxxxx | xxxxx | xxxxx | xxxxx | xxxxx | xxxxx | xxxxx | ||||||
TOTAL LIABILITIES AND EQUITY | 245,864 | 280,288 | 283,064 | 269,462 | 247,447 | 234,900 | xxxxx | xxxxx | xxxxx | xxxxx | xxxxx | xxxxx | xxxxx | xxxxx | xxxxx | xxxxx | |||||