XML 19 R2.htm IDEA: XBRL DOCUMENT v3.24.1.u1
CONSOLIDATED BALANCE SHEETS - USD ($)
$ in Thousands
Dec. 31, 2023
Dec. 31, 2022
CURRENT ASSETS    
Cash and cash equivalents (Note 5) $ 38,470 $ 38,794
Investment in securities - current (Note 8)   7,950
Accounts receivable - net (Note 6) 227 199
Prepaid expenses 54 60
Restricted cash (Note 5) 313 313
Other current assets (Note 7) 143 510
Total Current Assets 39,207 47,826
INVESTMENT IN SECURITIES - NONCURRENT (Note 8) 5,777 2,371
PROPERTY, PLANT AND EQUIPMENT, NET (Note 18) 111 103
INTANGIBLE ASSETS - NET (Note 18) 13 19
OTHER ASSETS    
Refundable deposits 193 192
Prepaid licensing and royalty fees (Note 3) 24 177
Right-of-use assets (Note 9 and 18) 944 1,306
Other (Note 12) 228 142
TOTAL ASSETS 46,497 52,136
CURRENT LIABILITIES    
Accounts payable 44 53
Accrued expenses (Note 10) 1,182 1,151
Deferred revenue (Note 11) 573 817
Other current liabilities (Notes 9 and 17) 665 616
Total Current Liabilities 2,464 2,637
NONCURRENT LIABILITIES    
Lease liabilities (Note 9) 495 893
Total Liabilities 2,959 3,530
COMMITMENTS AND CONTINGENCIES (Note 17)
SHAREHOLDERS' EQUITY (Note 13)    
Ordinary shares, no par value, and additional paid-in capital; issued and outstanding 11,052 thousand shares in 2023 and 2022 308,752 308,752
Accumulated deficit (241,830) (238,431)
Accumulated other comprehensive loss (Note 14) (23,384) (21,715)
Total GigaMedia Shareholders’ Equity 43,538 48,606
TOTAL LIABILITIES AND SHAREHOLDERS' EQUITY $ 46,497 $ 52,136