Immersion Corporation

IMMR

IMMRImmersion Corporation US flag

NASDAQ Global Select

6.48

USD

-0.43

- -

214.49MMarket Cap

Income Statement (USD)

API Chat

	2010 Y	2011 Y	2012 Y	2013 Y	2014 Y	2015 Y	2016 Y	2017 Y	2018 Y	2019 Y	2020 Y	2021 Y	2022 Y	2023 Y	2025 Y
Sales/Revenue/Turnover	31	31	32	47	53	63	57	35	111	36	30	35	38	34	1,556
+ Sales & Services Revenue	31	31	32	47	53	63	57	35	111	36	30	35	38	34	1,556
- Cost of Revenue	3	1	1	- -	- -	- -	- -	- -	- -	- -	- -	- -	- -	- -	75
+ Cost of Goods & Services	3	1	1	- -	- -	- -	- -	- -	- -	- -	- -	- -	- -	- -	75
Gross Profit	28	29	31	47	52	63	57	35	111	36	30	35	38	- -	1,481
+ Other Operating Income	- -	- -	- -	- -	- -	- -	- -	- -	- -	- -	- -	- -	- -	-34	- -
- Operating Expenses	33	31	38	43	47	58	72	79	58	57	28	17	14	16	1,363
+ Selling, General & Admin	23	23	29	32	35	43	59	67	48	49	23	13	13	16	1,327
+ Research & Development	9	8	8	11	12	15	13	12	10	8	5	4	1	- -	- -
+ Other Operating Expense	1	- -	- -	- -	- -	- -	- -	- -	- -	- -	- -	- -	- -	- -	35
Operating Income (Loss)	-5	-2	-7	4	6	5	-15	-44	53	-21	2	18	24	18	118
- Non-Operating (Income) Loss	- -	- -	- -	- -	- -	- -	-1	1	-2	-2	-1	- -	-3	-25	-1
+ Interest Expense, Net	- -	- -	- -	- -	-1	- -	- -	- -	- -	- -	- -	- -	- -	- -	14
+ Interest Expense	- -	- -	- -	- -	- -	- -	- -	- -	- -	- -	- -	- -	- -	- -	14
- Interest Income	- -	- -	- -	- -	1	- -	- -	- -	- -	- -	- -	- -	- -	- -	- -
+ Other Non-Op (Income) Loss	- -	- -	- -	- -	- -	- -	-1	1	-2	-2	-1	1	-3	-25	-16
Pretax Income	-5	-2	-7	4	6	4	-15	-45	55	-20	3	17	27	43	119
- Income Tax Expense (Benefit)	2	2	1	-36	2	2	26	- -	- -	- -	-2	5	-4	9	26
- (Income) Loss from Affiliates	- -	- -	- -	- -	- -	- -	- -	- -	- -	- -	- -	- -	- -	- -	- -
Income (Loss) from Cont Ops	-6	-3	-7	40	4	3	-40	-45	54	-20	5	12	31	34	94
- Net Extraordinary Losses (Gains)	- -	- -	- -	- -	- -	- -	-1	- -	- -	- -	- -	- -	- -	- -	59
+ Discontinued Operations	- -	- -	- -	- -	- -	- -	1	- -	- -	- -	- -	- -	- -	- -	- -
+ Extraord. & Accounting Changes	- -	- -	- -	- -	- -	- -	-1	- -	- -	- -	- -	- -	- -	- -	59
Income (Loss) Incl. MI	-6	-3	-7	40	4	3	-39	-45	54	-20	5	12	31	34	35
- Minority Interest	- -	- -	- -	- -	- -	- -	- -	- -	- -	- -	- -	- -	- -	- -	-29
Net Income, GAAP	-6	-3	-7	40	4	3	-39	-45	54	-20	5	12	31	34	64
- Preferred Dividends	- -	- -	- -	- -	- -	- -	- -	- -	- -	- -	- -	- -	- -	- -	- -
- Other Adjustments	- -	- -	- -	- -	- -	- -	- -	- -	- -	- -	- -	- -	- -	- -	- -
Net Income Avail to Common, GAAP	-6	-3	-7	40	4	3	-39	-45	54	-20	5	12	31	34	64
EBIT	-5	-2	-7	4	6	5	-15	-44	53	-21	2	18	24	18	118
EBITDA	-2	-1	-6	4	7	6	-14	-43	54	-19	4	18	25	18	153
EBITDA Margin (%)	-8.02	-2.32	-18.73	8.99	12.34	9.05	-25.14	-122.34	48.62	-53.55	13.63	50.94	63.86	53.05	9.85
EBITA	-5	-2	-7	4	6	5	-15	-44	53	-21	2	18	24	18	118
Gross Margin (%)	90.68	95.9	96.31	99.03	99.13	99.27	99.65	99.44	99.8	99.53	99.45	99.75	99.99	100	95.16
Operating Margin (%)	-15.51	-6.13	-20.91	7.59	11.27	7.44	-26.74	-125.1	47.85	-59.66	7.29	50.66	63.49	52.85	7.58
Profit Margin (%)	-19.04	-11.2	-22.37	84.59	7.79	4.51	-68.99	-129.35	48.97	-55.75	17.73	35.58	79.73	100.17	4.13
Sales per Employee	- -	- -	- -	- -	- -	- -	- -	- -	- -	- -	- -	- -	- -	- -	- -
Dividend per Share	- -	- -	- -	- -	- -	- -	- -	- -	- -	- -	- -	- -	- -	0.23	0.4
Depreciation Expense	2	1	1	1	1	1	1	1	1	2	2	- -	- -	- -	35
Basic Weighted Avg Shares	28	29	28	28	28	28	29	29	30	32	28	31	33	32	32
Basic EPS, GAAP	-0.21	-0.12	-0.26	1.42	0.15	0.1	-1.37	-1.55	1.78	-0.64	0.19	0.4	0.92	1.05	2
Basic EPS from Cont Ops	-0.22	-0.12	-0.27	1.42	0.15	0.1	-1.39	-1.55	1.78	-0.64	0.19	0.4	0.92	1.05	2.9
Diluted Weighted Avg Shares	28	29	28	29	29	29	29	29	31	32	28	32	34	33	33
Diluted EPS, GAAP	-0.21	-0.12	-0.26	1.37	0.14	0.1	-1.37	-1.55	1.73	-0.64	0.19	0.39	0.92	1.04	1.95
Diluted EPS from Cont Ops	-0.22	-0.12	-0.27	1.37	0.14	0.1	-1.39	-1.55	1.73	-0.64	0.19	0.39	0.92	1.04	2.84

Balance Sheet (USD)

API Chat

	2010 Y	2011 Y	2012 Y	2013 Y	2014 Y	2015 Y	2016 Y	2017 Y	2018 Y	2019 Y	2020 Y	2021 Y	2022 Y	2023 Y	2025 Y
Total Current Assets	67	59	46	80	71	69	94	48	136	107	74	153	160	172	632
+ Cash, Cash Equivalents & STI	61	56	44	71	57	65	90	47	125	89	60	138	150	160	161
+ Cash & Cash Equivalents	12	7	5	14	14	25	57	25	111	86	60	51	49	56	73
+ ST Investments	49	49	39	57	43	40	33	22	14	3	- -	86	101	104	89
+ Accounts & Notes Receiv	1	1	2	1	3	1	1	1	1	3	14	14	9	10	101
+ Accounts Receivable, Net	1	1	2	- -	3	1	1	- -	1	3	2	1	1	2	101
+ Notes Receivable, Net	- -	- -	- -	- -	- -	- -	- -	- -	- -	- -	- -	- -	- -	- -	- -
+ Loans Receivable, Net	- -	- -	- -	- -	- -	- -	- -	- -	- -	- -	- -	- -	- -	- -	- -
+ Other Receivable, Net	- -	1	- -	- -	- -	- -	- -	- -	- -	- -	12	13	8	8	- -
+ Inventories	- -	- -	- -	- -	- -	- -	- -	- -	- -	- -	- -	- -	- -	- -	326
+ Raw Materials	- -	- -	- -	- -	- -	- -	- -	- -	- -	- -	- -	- -	- -	- -	- -
+ Work In Process	- -	- -	- -	- -	- -	- -	- -	- -	- -	- -	- -	- -	- -	- -	- -
+ Finished Goods	- -	- -	- -	- -	- -	- -	- -	- -	- -	- -	- -	- -	- -	- -	300
+ Inventory Adjustments	- -	- -	- -	- -	- -	- -	- -	- -	- -	- -	- -	- -	- -	- -	- -
+ Other Inventory	- -	- -	- -	- -	- -	- -	- -	- -	- -	- -	- -	- -	- -	- -	26
+ Other ST Assets	4	1	1	8	10	3	3	1	10	14	1	1	2	2	44
+ Misc ST Assets	- -	- -	- -	- -	- -	- -	- -	- -	- -	- -	- -	- -	- -	- -	- -
+ Prepaid Expenses	- -	- -	- -	- -	- -	- -	- -	- -	- -	- -	- -	- -	- -	- -	- -
+ ST Derivative & Hedging Assets	- -	- -	- -	- -	- -	- -	- -	- -	- -	- -	- -	- -	- -	- -	- -
+ ST Assets Held-for-Sale	- -	- -	- -	- -	- -	- -	- -	- -	- -	- -	- -	- -	- -	- -	- -
+ ST Deferred Tax Assets	- -	- -	- -	- -	- -	- -	- -	- -	- -	- -	- -	- -	- -	- -	- -
Total Noncurrent Assets	14	16	2	30	27	36	10	4	10	18	22	22	30	43	470
+ Property, Plant & Equip, Net	2	2	1	1	1	5	4	3	2	3	-6	1	1	- -	251
+ Property, Plant & Equip	6	6	6	6	6	10	10	9	9	11	2	1	1	- -	251
- Accumulated Depreciation	4	4	5	5	5	5	6	6	7	7	8	- -	- -	- -	- -
+ LT Investments & Receivables	- -	- -	- -	- -	- -	- -	- -	- -	- -	- -	- -	7	17	33	14
+ LT Investments	- -	- -	- -	- -	- -	- -	- -	- -	- -	- -	- -	7	17	33	14
+ LT Receivables	- -	- -	- -	- -	- -	- -	- -	- -	- -	- -	- -	- -	- -	- -	- -
+ Other LT Assets	12	14	- -	29	26	32	6	1	8	14	28	14	12	10	205
+ Total Intangible Assets	12	14	- -	- -	- -	- -	- -	- -	- -	- -	- -	- -	- -	- -	161
+ Goodwill	- -	- -	- -	- -	- -	- -	- -	- -	- -	- -	- -	- -	- -	- -	69
+ Other Intangible Assets	12	14	- -	- -	- -	- -	- -	- -	- -	- -	- -	- -	- -	- -	92
+ LT Deferred Tax Assets	- -	- -	- -	- -	- -	- -	- -	- -	- -	- -	- -	- -	- -	- -	- -
+ LT Derivative & Hedging Assets	- -	- -	- -	- -	- -	- -	- -	- -	- -	- -	- -	- -	- -	- -	- -
+ Misc LT Assets	- -	- -	- -	29	25	32	5	- -	8	14	28	14	12	10	45
Total Assets	81	75	48	111	98	105	104	52	146	125	96	176	190	216	1,102
+ Payables & Accruals	4	- -	- -	2	2	3	9	9	6	2	- -	2	6	3	193
+ Accounts Payable	- -	- -	- -	1	1	1	6	7	4	1	- -	- -	- -	- -	149
+ Accrued Taxes	- -	- -	- -	- -	- -	- -	- -	- -	- -	- -	- -	2	1	2	- -
+ Interest & Dividends Payable	- -	- -	- -	- -	- -	- -	- -	- -	- -	- -	- -	- -	- -	- -	- -
+ Other Payables & Accruals	4	- -	- -	1	2	2	3	2	2	1	- -	- -	4	1	44
+ ST Debt	- -	- -	- -	- -	- -	- -	- -	- -	- -	1	1	1	- -	- -	49
+ ST Borrowings	- -	- -	- -	- -	- -	- -	- -	- -	- -	- -	- -	- -	- -	- -	- -
+ ST Finance Leases	- -	- -	- -	- -	- -	- -	- -	- -	- -	1	1	1	- -	- -	49
+ Other ST Liabilities	6	9	8	14	10	12	12	10	10	9	7	13	12	16	24
+ Deferred Revenue	4	4	4	9	8	7	6	4	5	5	5	5	5	4	13
+ Derivatives & Hedging	- -	- -	- -	- -	- -	- -	- -	- -	- -	- -	- -	- -	- -	- -	- -
+ Deferred Tax Liabilities	- -	- -	- -	- -	- -	- -	- -	- -	- -	- -	- -	- -	- -	- -	- -
+ Misc ST Liabilities	1	5	4	5	2	5	6	6	5	4	2	9	7	12	11
Total Current Liabilities	10	9	8	16	13	15	21	19	15	12	9	17	18	19	266
+ LT Debt	- -	- -	- -	- -	- -	- -	- -	- -	- -	- -	- -	- -	- -	- -	224
+ LT Borrowings	- -	- -	- -	- -	- -	- -	- -	- -	- -	- -	- -	- -	- -	- -	103
+ LT Finance Leases	- -	- -	- -	- -	- -	- -	- -	- -	- -	- -	- -	- -	- -	- -	121
+ Other LT Liabilities	17	14	11	14	8	4	27	23	31	29	23	18	14	13	54
+ Accrued Liabilities	17	13	10	13	8	3	26	22	30	26	21	17	13	8	24
+ Pension Liabilities	- -	- -	- -	- -	- -	- -	- -	- -	- -	- -	- -	- -	- -	- -	- -
+ Deferred Revenue	- -	- -	- -	- -	- -	- -	- -	- -	- -	- -	- -	- -	- -	- -	- -
+ Deferred Tax Liabilities	- -	- -	- -	- -	- -	- -	- -	- -	- -	- -	- -	- -	- -	- -	- -
+ Derivatives & Hedging	- -	- -	- -	- -	- -	- -	- -	- -	- -	- -	- -	- -	- -	- -	- -
+ Misc LT Liabilities	1	- -	1	1	1	1	1	1	1	3	2	1	2	5	29
Total Noncurrent Liabilities	17	14	11	14	8	4	27	23	31	29	23	18	14	13	278
Total Liabilities	27	23	19	30	21	19	48	42	46	41	32	34	32	33	544
+ Preferred Equity and Hybrid Capital	- -	- -	- -	- -	- -	- -	- -	- -	- -	- -	- -	- -	- -	- -	- -
+ Share Capital & APIC	177	183	187	198	205	212	221	228	246	253	259	323	323	322	374
+ Common Stock	177	183	187	198	205	212	221	228	246	253	259	323	323	322	- -
+ Additional Paid in Capital	- -	- -	- -	- -	- -	- -	- -	- -	- -	- -	- -	- -	- -	- -	374
- Treasury Stock	18	25	31	31	46	46	47	47	48	51	82	82	95	105	111
+ Retained Earnings	-105	-106	-127	-87	-83	-80	-119	-172	-99	-119	-113	-101	-70	-36	35
+ Other Equity	- -	- -	- -	- -	- -	- -	- -	- -	- -	- -	- -	- -	- -	2	1
Equity Before Minority Interest	54	52	29	81	77	87	55	10	100	84	64	141	158	183	298
+ Minority/Non Controlling Interest	- -	- -	- -	- -	- -	- -	- -	- -	- -	- -	- -	- -	- -	- -	261
Total Equity	54	52	29	81	77	87	55	10	100	84	64	141	158	183	559
Total Liabilities & Equity	81	75	48	111	98	105	104	52	146	125	96	176	190	216	1,102
Shares Outstanding	28	28	27	29	28	28	29	29	31	31	27	34	32	32	33
Number of Employees	- -	- -	- -	- -	- -	- -	- -	- -	- -	- -	- -	- -	- -	- -	- -
Capital Leases - Total	- -	- -	- -	- -	- -	- -	- -	- -	- -	1	1	1	- -	- -	170
Net Debt	-12	-7	-5	-14	-14	-25	-57	-25	-111	-86	-60	-51	-49	-56	30
Net Debt to Equity	-22.81	-14.14	-15.57	-17.52	-18.77	-28.88	-102.76	-254.97	-111.37	-103.25	-93.03	-36.44	-30.96	-30.62	5.46
Tangible Common Equity Ratio	60.32	61.97	60.69	72.86	78.49	82.12	53.17	18.04	68.26	67.09	66.56	80.5	82.95	84.88	42.27
Current Ratio	6.78	6.29	5.86	5.03	5.61	4.54	4.47	2.52	8.85	9.05	8.47	9.22	8.94	8.93	2.38
Cash Conversion Cycle	-74.32	19.78	-43.32	-517.1	-525.56	-512.81	-6,108.68	-11,662.7	-8,586.57	-4,727.71	-1,013.18	-298.31	-4,004.38	- -	733.95

Cash Flow Statement (USD)

API Chat

	2010 Y	2011 Y	2012 Y	2013 Y	2014 Y	2015 Y	2016 Y	2017 Y	2018 Y	2019 Y	2020 Y	2021 Y	2022 Y	2023 Y	2025 Y
+ Net Income	-6	-3	-7	40	4	3	-40	-45	54	-20	5	12	31	34	94
+ Depreciation & Amortization	2	1	1	1	1	1	1	1	1	2	2	- -	- -	- -	35
+ Non-Cash Items	4	4	3	5	5	5	6	6	9	7	2	7	2	-9	21
+ Stock-Based Compensation	3	4	3	5	5	5	6	6	9	5	5	2	4	4	15
+ Deferred Income Taxes	- -	- -	- -	- -	- -	- -	24	- -	- -	- -	-2	1	-5	4	7
+ Asset Impairment Charge	- -	- -	- -	- -	- -	- -	- -	- -	- -	1	- -	3	1	- -	1
+ Other Non-Cash Adj	- -	- -	- -	- -	- -	- -	-24	- -	- -	- -	- -	2	3	-17	-3
+ Chg in Non-Cash Work Cap	-2	-2	-4	-24	-10	1	55	-6	6	-23	-10	-2	7	-4	-207
+ (Inc) Dec in Accts Receiv	2	-1	-1	1	-2	2	- -	1	- -	-2	1	- -	1	-1	18
+ (Inc) Dec in Inventories	1	- -	- -	- -	- -	- -	- -	- -	- -	- -	- -	- -	- -	- -	16
+ (Inc) Dec in Prepaid Assets	1	3	- -	- -	- -	-9	2	- -	-4	-11	-4	-1	9	-2	5
+ Inc (Dec) in Accts Payable	-1	- -	- -	- -	- -	- -	5	- -	-3	-4	-3	-1	2	1	-189
+ Inc (Dec) in Other	-4	-5	-4	-26	-7	8	48	-6	13	-6	-5	-1	-5	-2	-57
+ Net Cash From Disc Ops	- -	- -	- -	- -	- -	- -	- -	- -	- -	- -	- -	- -	- -	- -	- -
Cash from Operating Activities	-2	-1	-7	21	- -	10	22	-44	70	-34	- -	17	40	21	-58
+ Change in Fixed & Intang	- -	- -	- -	- -	- -	- -	- -	- -	- -	- -	- -	- -	- -	- -	- -
+ Disp in Fixed & Intang	- -	- -	- -	- -	- -	- -	- -	- -	- -	- -	- -	- -	- -	- -	1
+ Disp of Fixed Prod Assets	- -	- -	- -	- -	- -	- -	- -	- -	- -	- -	- -	- -	- -	- -	1
+ Disp of Intangible Assets	- -	- -	- -	- -	- -	- -	- -	- -	- -	- -	- -	- -	- -	- -	- -
+ Acq of Fixed & Intang	-3	- -	-1	- -	-1	-4	- -	- -	- -	- -	- -	- -	- -	- -	-11
+ Acq of Fixed Prod Assets	- -	- -	-1	- -	-1	-4	- -	- -	- -	- -	- -	- -	- -	- -	-11
+ Acq of Intangible Assets	-2	- -	- -	- -	- -	- -	- -	- -	- -	- -	- -	- -	- -	- -	- -
+ Cash (Repurchase) of Equity	- -	-6	-6	- -	-15	- -	- -	- -	- -	-3	-31	59	-13	-8	-2
+ Increase in Capital Stock	- -	- -	- -	- -	- -	- -	- -	- -	- -	- -	- -	59	- -	- -	- -
+ Decrease in Capital Stock	- -	-6	-6	- -	-15	- -	-1	- -	- -	-3	-31	- -	-13	-8	-2
+ Net Change in LT Investment	-5	- -	10	-18	14	3	7	11	8	11	3	-87	-29	3	45
+ Dec in LT Investment	44	49	54	77	57	48	40	35	26	20	3	36	136	194	156
+ Inc in LT Investment	-49	-49	-44	-95	-43	-45	-33	-24	-18	-9	- -	-123	-165	-190	-111
+ Net Cash From Acq & Div	1	- -	- -	- -	- -	- -	- -	- -	- -	- -	- -	- -	- -	- -	-31
+ Cash from Divestitures	1	- -	- -	- -	- -	- -	- -	- -	- -	- -	- -	- -	- -	- -	- -
+ Cash for Acq of Subs	- -	- -	- -	- -	- -	- -	- -	- -	- -	- -	- -	- -	- -	- -	-31
+ Cash for JVs	- -	- -	- -	- -	- -	- -	- -	- -	- -	- -	- -	- -	- -	- -	- -
+ Other Investing Activities	- -	- -	- -	- -	- -	- -	1	- -	- -	- -	- -	- -	- -	- -	- -
+ Net Cash From Disc Ops	- -	- -	- -	- -	- -	- -	1	- -	- -	- -	- -	- -	- -	- -	- -
Cash from Investing Activities	-6	- -	9	-18	13	-1	8	11	8	11	3	-88	-29	3	3
+ Dividends Paid	- -	- -	- -	- -	- -	- -	- -	- -	- -	- -	- -	- -	- -	-7	-13
+ Net Cash From Debt	- -	- -	- -	- -	- -	- -	- -	- -	- -	- -	- -	- -	- -	- -	2
+ Cash From Debt	- -	- -	- -	- -	- -	- -	- -	- -	- -	- -	- -	- -	- -	- -	836
+ Repayments of Debt	- -	- -	- -	- -	- -	- -	- -	- -	- -	- -	- -	- -	- -	- -	-834
+ Other Financing Activities	- -	2	1	6	1	2	2	1	8	1	1	3	- -	-1	74
+ Net Cash From Disc Ops	- -	- -	- -	- -	- -	- -	- -	- -	- -	- -	- -	- -	- -	- -	- -
Cash from Financing Activities	- -	-4	-5	7	-13	2	2	1	8	-1	-30	62	-13	-17	61
Effect of Foreign Exchange Rates	- -	- -	- -	- -	- -	- -	- -	- -	- -	- -	- -	- -	- -	- -	- -
Net Changes in Cash	-8	-5	-3	10	- -	11	32	-32	86	-25	-27	-8	-3	7	7
EBITDA	-2	-1	-6	4	7	6	-14	-43	54	-19	4	18	25	18	153
EBITDA Margin (%)	-8.02	-2.32	-18.73	8.99	12.34	9.05	-25.14	-122.34	48.62	-53.55	13.63	50.94	63.86	53.05	9.85
Free Cash Flow	-4	-1	-8	21	- -	6	22	-44	70	-34	- -	17	40	21	-69
Net Cash Paid for Acquisitions	-1	- -	- -	- -	- -	- -	- -	- -	- -	- -	- -	- -	- -	- -	31
Free Cash Flow to Firm	- -	- -	- -	- -	- -	6	- -	- -	70	- -	- -	17	- -	21	-58
Free Cash Flow to Equity	-2	-1	-8	21	- -	6	22	-44	70	-34	- -	17	40	21	-66
Free Cash Flow per Basic Share	-0.16	-0.04	-0.31	0.74	-0.02	0.2	0.75	-1.51	2.29	-1.09	- -	0.54	1.21	0.64	-2.14
Price/Free Cash Flow	217.58	-187.29	-30.28	14.24	257.94	23.37	13.66	-4.71	4.02	-6.9	4,659.5	10.2	5.86	11.15	-5.15
Cash Flow to Net Income	0.3	0.28	1.03	0.53	0.07	3.51	-0.56	0.97	1.29	1.7	- -	1.4	1.31	0.61	-0.9
Capital Expenditures	-3	- -	-1	- -	-1	-4	- -	- -	- -	- -	- -	- -	- -	- -	-11