Navitas Semiconductor Corporation

NasdaqGM-NVTS

Assets	Sep '25	Jun '25	Mar '25	Dec '24	Sep '24	Jun '24
Cash and Cash Equivalents	150.6	161.2	75.1	86.7	98.6	112
Cash and Cash Equivalents
Cash
Total Cash and Cash Equivalents	150.6	161.2	75.1	86.7	98.6	112
Accounts Receivable	9.8	12.5	12.4	14	21.1	22.7
Accounts Receivable, Net
Total Trade Receivables	9.8	12.5	12.4	14	21.1	22.7
Inventories	14.7	15.1	16.1	15.5	21.3	25.2
Inventories
Other Current Assets	3.8	4.1	4.7	4.1	4.2	4.7
Prepaid Expenses
Prepaid Expenses and Other Current Assets
Total Current Assets	178.8	192.9	108.3	120.3	145.2	164.6
Total Current Assets
Net Property, Plant & Equipment	20.8	21.5	21.2	22.3	20.3	21.1
Property and Equipment, Net
Operating Lease Right of Use Assets
Finance Lease Right of Use Assets
Net Intangible Assets	58	62.7	67.5	72.2	76.9	81.6
Intangible Assets, Net
Goodwill	163.2	163.2	163.2	163.2	163.2	163.2
Goodwill
Long-Term Investments	—	—	—	—	—	—
Investments Held in Trust Account
Other Long-Term Assets	9.3	9.2	10.7	12	13.9	8.6
ACCOUNTS RECEIVABLE NONCURRENT, Net of Allowance
Restricted Cash
Notes Receivable
Other Assets
Total Assets	430.2	449.4	370.8	390	419.4	439.1
Total Assets

Liabilities	Sep '25	Jun '25	Mar '25	Dec '24	Sep '24	Jun '24
Accounts Payable	14.1	16.9	14.3	10.8	13.6	13.1
Accounts Payable and Other Accrued Expenses
Accrued Expenses	6.3	4.4	3.3	8.6	8.5	7.7
Accrued Expenses
Accrued Offering Costs
Accrued Compensation Expenses
Current Portion of Long-Term Debt	—	—	—	—	—	—
Current Portion of Long-Term Debt
Current Portion of Leases	2.1	2.1	1.8	1.8	1.9	1.9
Operating Lease Liabilities, Current
Finance Lease Liabilities, Current
Unearned Revenue	—	—	—	—	2	6.2
Customer Deposit and Deferred Revenue
Other Current Liabilities	—	—	—	—	—	—
Other Liabilities
Total Current Liabilities	22.5	23.4	19.3	21.1	26	29
Total Current Liabilities
Long-Term Debt	—	—	—	—	—	—
Long-Term Debt
Leases	4.8	5.3	5.1	5.6	6	6.3
Operating Lease Liabilities Noncurrent
Finance Lease Liabilities Noncurrent
Other Long-Term Liabilities	31.3	30.5	2.5	10.6	6.6	15.7
Deferred Underwriting Fee Payable
Warrant Liability
Earnout Liability
Deferred Tax Liabilities
Other Liabilities
Accrued Royalties Noncurrent
Total Long-Term Liabilities	0.6	1.3	2.1	4.6	12.6	22
Other Noncurrent Liabilities
Total Liabilities	59.2	60.6	29	42	38.6	51
Total Liabilities

Equity	Sep '25	Jun '25	Mar '25	Dec '24	Sep '24	Jun '24
Common Stock	0	0	0	0	0	0
Class A Common Stock
Class a Common Stock (Excluding Shares Subject to Possible Redemption)
Class B Common Stock
Additional Paid-in Capital	840.9	839.6	743.4	732.8	725.7	714.3
Additional Paid-in Capital
Accumulated Other Comprehensive Income	-0	-0	-0	-0	-0	-0
Accumulated Other Comprehensive Loss
Retained Earnings	-469.9	-450.7	-401.6	-384.8	-344.9	-326.2
Retained Earnings
Total Common Shareholders' Equity	371	388.9	341.8	348	380.8	388.1
Total Stockholders' Equity of Navitas Semiconductor Corporation
Minority Interests and Other	—	—	—	—	—	—
Class a Common Stock Subject to Possible Redemption, $10.00 per Share Redemption Value
Noncontrolling Interest
Series a Convertible Preferred Stock
Series B Convertible Preferred Stock
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
Total Redeemable Convertible Preferred Stock
Total Shareholders' Equity	371	388.9	341.8	348	380.8	388.1
Total Stockholders' Equity
Total Liabilities and Shareholders' Equity	430.2	449.4	370.8	390	419.4	439.1
Total Liabilities and Stockholders' Equity