Below are the financial statements of Impinj, including the income statement and balance sheet for the company's latest fiscal year. All figures are accurate, verifiable, and fully traceable to the original annual filing where disclosed.
| All figures in millions of USD | 2024 as of 2024-12-31 | 2023 as of 2023-12-31 |
|---|---|---|
| Assets | — | — |
| Current assets | — | — |
| Cash and cash equivalents | 46.05a | 94.79a |
| Short-term investments | 118.66a | 18.44a |
| Accounts receivable, net | 56.8a | 54.92a |
| Inventory | 99.35a | 97.17a |
| Prepaid expenses and other current assets | 5.54a | 4.37a |
| Total current assets | 326.4a | 269.7a |
| Long-term investments | 74.87a | 0a |
| Property and equipment, net | 50.61a | 44.89a |
| Intangible assets, net | 10.29a | 13.91a |
| Operating lease right-of-use assets | 7.14a | 9.74a |
| Other non-current assets | 1.05a | 1.48a |
| Goodwill | 18.72a | 19.7a |
| Total assets | 489.08a | 359.41a |
| Liabilities and stockholders' equity | — | — |
| Current liabilities | — | — |
| Accounts payable | 17.25a | 8.66a |
| Accrued compensation and employee related benefits | 22.31a | 8.52a |
| Accrued and other current liabilities | 2.68a | 8.61a |
| Current portion of operating lease liabilities | 3.59a | 3.37a |
| Current portion of long-term debt | 283.49a | 0a |
| Current portion of deferred revenue | 1.85a | 1.71a |
| Total current liabilities | 331.18a | 30.88a |
| Long-term debt | 0a | 281.86a |
| Operating lease liabilities, net of current portion | 5.72a | 9.36a |
| Deferred tax liabilities, net | 2.2a | 2.91a |
| Deferred revenue, net of current portion | 0.12a | 0.27a |
| Total liabilities | 339.22a | 325.28a |
| Stockholders' equity | — | — |
| Preferred stock, $0.001 par value - 5,000 shares authorized, no shares issued and outstanding at December 31, 2024 and 2023 | 0a | 0a |
| Common stock, $0.001 par value - 495,000 shares authorized, 28,504 and 27,166 shares issued and outstanding at December 31, 2024 and 2023, respectively | 0.03a | 0.03a |
| Additional paid-in capital | 541.09a | 463.9a |
| Accumulated other comprehensive income (loss) | -1.94a | 0.36a |
| Accumulated deficit | -389.31a | -430.15a |
| Total stockholders' equity | 149.86a | 34.13a |
| Total liabilities and stockholders' equity | 489.08a | 359.41a |
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