XML 39 R32.htm IDEA: XBRL DOCUMENT
v3.24.3

Balance Sheet Components (Tables) | 9 Months Ended
--- | ---
Sep. 30, 2024
Balance Sheet Components [Abstract] |
Schedule of Inventory | Inventories consist of the following (in thousands):
|  | September 30, |  |  | December 31, |
|  | 2024 |  |  | 2023 |
Raw materials |  | $ | 1,247 |  |  | $ | 448 |
Work-in-process |  |  | 504 |  |  |  | 601 |
Finished goods |  |  | 1,359 |  |  |  | 437 |
Total inventory |  | $ | 3,110 |  |  | $ | 1,486 |
Schedule of Prepaid Expenses and Other Assets | Prepaid expenses and other assets consist of the following (in thousands):
|  | September 30, |  |  | December 31, |
|  | 2024 |  |  | 2023 |
Prepaid expenses |  | $ | 1,372 |  |  | $ | 433 |
Prepaid insurance |  |  | 566 |  |  |  | — |
Prepaid research and development |  |  | 565 |  |  |  | — |
Prepaid inventory |  |  | 524 |  |  |  | 279 |
Lease deposit |  |  | 422 |  |  |  | 434 |
Other receivables and current assets |  |  | 96 |  |  |  | 117 |
Deferred transaction costs |  |  | — |  |  |  | 1,643 |
Total prepaid expenses and other current assets |  | $ | 3,545 |  |  | $ | 2,906 |
Schedule of Accrued and Other Current Liabilities | Accrued and other current liabilities consist of the following (in thousands):
|  | September 30, |  |  | December 31, |
|  | 2024 |  |  | 2023 |
Payroll and related expenses |  | $ | 9,126 |  |  | $ | 9,880 |
Accrued payables |  |  | 6,764 |  |  |  | 6,319 |
Other taxes payable |  |  | 3,191 |  |  |  | 158 |
Current portion of interest payable |  |  | 2,560 |  |  |  | 6,915 |
Professional fees |  |  | 548 |  |  |  | 499 |
Product warranty liabilities |  |  | 37 |  |  |  | 55 |
Royalty and license fee |  |  | 43 |  |  |  | 58 |
Other |  |  | 96 |  |  |  | 72 |
Total accrued and other current liabilities |  | $ | 22,365 |  |  | $ | 23,956 |

X
- Definition Tabular disclosure of the components of accrued and other current liabilities. + References No definition available. + Details
Name: | gcts_ScheduleOfAccruedAndOtherCurrentLiabilitiesTableTextBlock
Namespace Prefix: | gcts_
Data Type: | dtr-types:textBlockItemType
Balance Type: | na
Period Type: | duration

X
- References No definition available. + Details
Name: | us-gaap_BalanceSheetRelatedDisclosuresAbstract
Namespace Prefix: | us-gaap_
Data Type: | xbrli:stringItemType
Balance Type: | na
Period Type: | duration

X
- Definition Tabular disclosure of the amounts paid in advance for capitalized costs that will be expensed with the passage of time or the occurrence of a triggering event, and will be charged against earnings within one year or the normal operating cycle, if longer; the aggregate carrying amount of current assets, not separately presented elsewhere in the balance sheet; and other deferred costs. + References No definition available. + Details
Name: | us-gaap_DeferredCostsCapitalizedPrepaidAndOtherAssetsDisclosureTextBlock
Namespace Prefix: | us-gaap_
Data Type: | dtr-types:textBlockItemType
Balance Type: | na
Period Type: | duration

X
- Definition Tabular disclosure of the carrying amount as of the balance sheet date of merchandise, goods, commodities, or supplies held for future sale or to be used in manufacturing, servicing or production process. + References Reference 1: http://fasb.org/us-gaap/role/ref/legacyRef -Topic 210 -SubTopic 10 -Name Accounting Standards Codification -Section S99 -Paragraph 1 -Subparagraph (SX 210.5-02(6)(a)) -Publisher FASB -URI https://asc.fasb.org/1943274/2147480566/210-10-S99-1 Reference 2: http://fasb.org/us-gaap/role/ref/legacyRef -Topic 210 -SubTopic 10 -Name Accounting Standards Codification -Section S99 -Paragraph 1 -Subparagraph (SX 210.5-02(6)(b)) -Publisher FASB -URI https://asc.fasb.org/1943274/2147480566/210-10-S99-1 Reference 3: http://fasb.org/us-gaap/role/ref/legacyRef -Topic 210 -SubTopic 10 -Name Accounting Standards Codification -Section S99 -Paragraph 1 -Subparagraph (SX 210.5-02(6)(c)) -Publisher FASB -URI https://asc.fasb.org/1943274/2147480566/210-10-S99-1 Reference 4: http://fasb.org/us-gaap/role/ref/legacyRef -Name Accounting Standards Codification -Topic 210 -SubTopic 10 -Section 50 -Paragraph 1 -Publisher FASB -URI https://asc.fasb.org/1943274/2147483489/210-10-50-1 + Details
Name: | us-gaap_ScheduleOfInventoryCurrentTableTextBlock
Namespace Prefix: | us-gaap_
Data Type: | dtr-types:textBlockItemType
Balance Type: | na
Period Type: | duration