7Baggers
Quarterly
Annual
    Unit: USD2025-09-30 2025-06-30 2025-03-31 2024-12-31 2024-09-30 2024-06-30 2024-03-31 2023-12-31 2023-09-30 2023-06-30 2023-03-31 2022-12-31 2022-09-30 2022-06-30 2022-03-31 2021-12-31 2021-09-30 2021-06-30 2021-03-31 
      
    		                   
      assets
    		                   
      current assets
    		                   
      cash and cash equivalents
    		150,551,000 161,189,000 75,132,000 86,737,000 98,614,000 111,995,000 129,682,000 152,839,000 176,698,000 177,748,000 100,823,000 110,337,000 124,792,000 240,504,000 253,797,000 268,252,000    
      accounts receivable
    		9,788,000 12,476,000 12,427,000 13,982,000 21,091,000 22,679,000 22,199,000 25,858,000 17,573,000 15,153,000 7,423,000 9,127,000 10,859,000 9,407,000 9,621,000 8,263,000    
      inventories
    		14,665,000 15,124,000 16,062,000 15,477,000 21,284,000 25,159,000 33,176,000 23,166,000 15,904,000 18,895,000 18,873,000 19,061,000        
      prepaid expenses and other current assets
    		3,834,000 4,076,000 4,679,000 4,070,000 4,161,000 4,747,000 6,024,000 6,619,000 4,511,000 4,291,000 2,880,000 3,623,000 3,388,000 2,342,000 2,988,000 2,877,000    
      total current assets
    		178,838,000 192,865,000 108,300,000 120,266,000 145,150,000 164,580,000 191,081,000 208,482,000 214,686,000 216,087,000 129,999,000 142,148,000 156,083,000 266,248,000 279,536,000 291,370,000 318,516 419,982 1,739,408 
      restricted cash
    		670,000 152,000 483,000 1,503,000                
      property and equipment
    		14,373,000 14,521,000 14,706,000 15,421,000 13,057,000 13,259,000 11,773,000 9,154,000 8,392,000 7,255,000 6,840,000 6,532,000 5,721,000 4,266,000 2,471,000 2,302,000    
      operating lease right of use assets
    		5,599,000 6,012,000 6,474,000 6,900,000 7,266,000 7,820,000 7,805,000 8,268,000 5,950,000 6,150,000 6,537,000 6,381,000 6,631,000 7,039,000 1,391,000     
      finance lease right of use assets
    		848,000 930,000                  
      intangible assets
    		57,992,000 62,727,000 67,461,000 72,195,000 76,856,000 81,563,000 86,325,000 91,099,000 96,176,000 100,847,000 105,569,000 105,620,000 110,461,000 421,000 82,000 170,000    
      goodwill
    		163,215,000 163,215,000 163,215,000 163,215,000 163,215,000 163,215,000 163,215,000 163,215,000 163,215,000 163,215,000 161,442,000 161,527,000 160,296,000 1,177,000      
      other assets
    		8,672,000 9,019,000 10,191,000 10,478,000 8,654,000 8,613,000 7,690,000 5,328,000 5,501,000 5,600,000 5,581,000 3,054,000 3,976,000 7,166,000 3,223,000 1,553,000    
      total assets
    		430,207,000 449,441,000 370,830,000 389,978,000 419,409,000 439,050,000 467,889,000 485,546,000 493,920,000 499,154,000 415,968,000 425,262,000 443,168,000 286,317,000 286,903,000 295,601,000 253,400,679 253,498,889 254,795,117 
      liabilities and stockholders’ equity
    		                   
      current liabilities
    		                   
      accounts payable and other accrued expenses
    		14,058,000 16,927,000 14,272,000 10,754,000 13,593,000 13,113,000 24,450,000 26,637,000 14,793,000 17,683,000 13,610,000 14,653,000 9,310,000 6,300,000 5,216,000 4,860,000    
      accrued compensation expenses
    		6,343,000 4,398,000 3,265,000 8,623,000 8,497,000 7,749,000 7,591,000 10,902,000 15,487,000 6,708,000 7,711,000 3,907,000 4,923,000 4,910,000 3,604,000 2,639,000    
      operating lease liabilities, current
    		1,817,000 1,789,000 1,772,000 1,767,000 1,868,000 1,886,000 1,857,000 1,892,000 1,346,000 1,403,000 1,477,000 1,305,000        
      finance lease liabilities, current
    		319,000 315,000                  
      total current liabilities
    		22,537,000 23,429,000 19,309,000 21,144,000 25,964,000 28,952,000 41,972,000 50,384,000 45,385,000 35,952,000 23,472,000 20,351,000 18,641,000 15,579,000 12,881,000 10,728,000 297,926 134,855 125,073 
      operating lease liabilities noncurrent
    		4,265,000 4,714,000 5,112,000 5,553,000 5,993,000 6,286,000 6,307,000 6,653,000 4,788,000 4,919,000 5,248,000 5,263,000 5,488,000 5,824,000 600,000     
      finance lease liabilities noncurrent
    		538,000 619,000                  
      earnout liability
    		30,903,000 30,059,000 2,095,000 10,208,000 3,932,000 13,103,000 20,653,000 46,852,000 38,567,000 73,040,000 40,816,000 13,064,000 22,611,000 15,913,000 70,767,000 134,173,000    
      deferred tax liabilities
    		371,000 406,000 428,000 441,000 1,040,000 1,040,000 1,040,000 1,040,000 1,830,000 1,829,000 1,829,000 1,824,000 12,995,000       
      other noncurrent liabilities
    		608,000                   
      total liabilities
    		59,222,000 60,564,000 29,010,000 41,965,000 38,581,000 50,950,000 69,972,000 104,929,000 90,570,000 115,740,000 71,365,000 40,502,000 61,058,000 39,438,000 87,167,000 230,065,000 33,255,426 37,677,356 26,925,574 
      commitments and contingencies
    		                   
      stockholders' equity
    		                   
      class a common stock
    		24,000 24,000 22,000 22,000 22,000            253,000,000 210,821,530 222,869,540 
      class b common stock
    		                633 633 633 
      additional paid-in capital
    		840,892,000 839,550,000 743,420,000 732,784,000 725,739,000 714,282,000 701,771,000 680,790,000 670,947,000 658,530,000 561,193,000 535,875,000 525,311,000 361,963,000 348,658,000 294,190,000  19,303,036 7,255,150 
      accumulated other comprehensive loss
    		-7,000 -7,000 -7,000 -7,000 -7,000 -7,000 -7,000 -7,000 -7,000 -7,000 -7,000 -7,000 -8,000 -62,000 -62,000 -2,000    
      accumulated deficit
    		-469,924,000 -450,690,000 -401,615,000 -384,786,000 -344,926,000 -326,196,000 -303,868,000 -300,187,000 -267,609,000 -275,128,000 -216,601,000 -154,754,000 -147,628,000 -115,038,000 -148,875,000 -228,667,000 -32,855,380 -14,304,088 -2,256,081 
      total stockholders’ equity
    		370,985,000 388,877,000 341,820,000 348,013,000 380,828,000 388,100,000 397,917,000 380,617,000 403,350,000 383,414,000 344,603,000 384,760,000 382,110,000 246,879,000 199,736,000 65,536,000  5,000,003 5,000,003 
      total liabilities and stockholders’ equity
    		430,207,000 449,441,000 370,830,000  419,409,000 439,050,000 467,889,000  493,920,000 499,154,000 415,968,000  443,168,000 286,317,000 286,903,000   253,498,889 254,795,117 
      current assets:
    		                   
      current liabilities:
    		                   
      noncurrent liabilities
    		 1,337,000 2,066,000 4,619,000                
      stockholders’ equity:
    		                   
      customer deposit and deferred revenue
    		    2,006,000 6,204,000              
      total liabilities and stockholders' equity
    		   389,978,000    485,546,000    425,262,000        
      accounts receivable noncurrent, net of allowance of 773 and 0, respectively
    		    5,211,000               
      accrued royalties noncurrent
    		    1,652,000 1,569,000              
      common stock
    		     21,000 21,000 21,000 19,000 19,000 18,000 18,000 18,000 16,000 15,000 15,000    
      customer deposit
    		      8,074,000             
      deferred revenue
    		       10,953,000 13,759,000      17,000 29,000    
      total stockholders’ equity of navitas semiconductor corporation
    		       380,617,000 403,350,000 383,414,000 344,603,000 381,132,000 377,693,000       
      noncontrolling interest
    		           3,628,000 4,417,000       
      other liabilities
    		         10,158,000 674,000 486,000  4,000  60,000    
      notes receivable
    		              200,000 206,000    
      current portion of long-term debt
    		            3,200,000 3,200,000 3,200,000 3,200,000    
      long-term debt
    		            1,323,000 2,122,000 2,919,000 3,716,000    
      warrant liability
    		               81,388,000    
      inventory
    		            17,044,000 13,995,000 13,130,000 11,978,000    
      current operating lease liabilities
    		            1,208,000 1,165,000 844,000     
      liabilities, redeemable convertible preferred stock and stockholders’ equity
    		                   
      redeemable convertible preferred stock
    		                   
      series a convertible preferred stock, 0.0001 par value; 0 and 16,716,348 shares authorized and 0 and 16,620,018 shares issued and outstanding at december 31, 2021 and 2020; liquidation preference of 0 and 17,451 at december 31, 2021 and 2020, respectively
    		                   
      series b convertible preferred stock, 0.0001 par value; 0 and 14,262,664 shares authorized, 0 and 14,213,431 shares issued and outstanding at december 31, 2021 and 2020; liquidation preference of 0 and 27,574 at december 31, 2021 and 2020, respectively
    		                   
      series b-1 convertible preferred stock, 0.0001 par value; 0 and 6,133,979 shares authorized, 0 and 5,416,551 shares issued and outstanding at december 31, 2021 and 2020; liquidation preference of 0 and 15,112 at december 31, 2021 and 2020, respectively
    		                   
      series b-2 convertible preferred stock, 0.0001 par value; 0 and 24,027,913 shares authorized, 0 and 18,198,891 shares issued and outstanding at december 31, 2021 and 2020, respectively; liquidation preference of 0 and 53,085 at december 31, 2021 and 2020, respectively
    		                   
      stockholders’ equity
    		                   
      total liabilities, redeemable convertible preferred stock and stockholders’ equity
    		               295,601,000    
      assets:
    		                   
      cash
    		                13,955 163,168 1,554,154 
      prepaid expenses
    		                304,561 256,814 185,254 
      investments held in trust account
    		                253,082,163 253,078,907  
      liabilities and stockholders’ deficit
    		                   
      accrued expenses
    		                297,926 134,855 124,902 
      accrued offering costs
    		                  171 
      deferred underwriting fee payable
    		                8,067,500 8,067,500 8,067,500 
      derivative warrant liabilities
    		                24,890,000 29,475,001 18,733,001 
      stockholders’ deficit
    		                   
      preferred stock, 0.0001 par value; 1,000,000 shares authorized; none issued or outstanding
    		                   
      total stockholders’ deficit
    		                -32,854,747   
      total liabilities and stockholders’ deficit
    		                253,400,679   
      liabilities and stockholders’ equity:
    		                   
      cash and marketable securities held in trust account
    		                  253,055,709 
    The information provided in this report is taken from www.sec.gov and many other data providers. While we have conducted our best efforts to ensure that the parsed data is accurate, we cannot guarantee its accuracy. Please use caution and understand that any consequences of its use are your own responsibility.