(*) Less than $ 0.01 
 
 
                                RADCOM Ltd. 
                        Consolidated Balance Sheets 
                        (thousands of U.S. dollars) 
                                (Unaudited) 
 
                                  As of                      As of 
                              December 31,               December 31, 
                                   2024                       2023 
                        -------------------------  ------------------------- 
 Current Assets 
   Cash and cash 
    equivalents           $                19,243    $                10,892 
   Short-term bank 
    deposits                               75,429                     71,273 
   Trade receivables, 
    net                                    19,038                     13,412 
   Inventories                              1,667                        246 
   Other accounts 
    receivable and 
    prepaid expenses                        1,819                      1,592 
                        -------------------------  ------------------------- 
 
  Total Current Assets                    117,196                     97,415 
                        -------------------------  ------------------------- 
 
 Non-Current Assets 
   Severance pay fund                       2,985                      3,142 
   Other long-term 
    receivables                             3,484                      1,573 
   Property and 
    equipment, net                            879                        798 
   Operating lease 
    right-of-use 
    assets                                  3,421                      1,651 
   Goodwill and 
    intangible assets, 
    net                                     2,609                      2,950 
 Total Non-Current 
  Assets                                   13,378                     10,114 
 
 Total Assets                $            130,574        $           107,529 
                        =========================  ========================= 
 
 Liabilities and 
 Shareholders' Equity 
 
 Current Liabilities 
      Trade payables     $                  2,457   $                  2,640 
   Deferred revenues 
    and advances from 
    customers                               6,848                      1,469 
      Employee and 
       payroll 
       accruals                             7,175                      5,400 
   Operating lease 
    liabilities                               966                      1,062 
   Other liabilities 
    and accrued 
    expenses                               10,463                      9,540 
                        -------------------------  ------------------------- 
 Total Current 
  Liabilities                              27,909                     20,111 
                        -------------------------  ------------------------- 
 
 Non-Current 
 Liabilities 
   Accrued severance 
    pay                                     3,868                      3,728 
   Operating lease 
    liabilities                             2,438                        561 
   Other liabilities 
    and accrued 
    expenses                                  683                        638 
 Total Non-Current 
  Liabilities                               6,989                      4,927 
                        -------------------------  ------------------------- 
 
 Total Liabilities        $                34,898    $                25,038 
                        -------------------------  ------------------------- 
 
 Shareholders' Equity 
    Share capital       $                     769  $                     736 
    Additional paid-in 
     capital                              160,761                    154,697 
       Accumulated 
        other 
        comprehensive 
        loss                              (2,910)                    (3,030) 
    Accumulated 
     deficit                             (62,944)                   (69,912) 
                        -------------------------  ------------------------- 
 
 Total Shareholders' 
  Equity                                   95,676                     82,491 
                        -------------------------  ------------------------- 
 Total Liabilities and 
  Shareholders' 
  Equity                      $           130,574        $           107,529 
                        =========================  ========================= 
 

View original content:https://www.prnewswire.com/news-releases/radcom-reports-record-breaking-year-with-highest-ever-revenues-and-accelerated-profit-growth-302374704.html

SOURCE RADCOM Ltd.

(END) Dow Jones Newswires

February 12, 2025 07:16 ET (12:16 GMT)