Silvaco Group Inc. 2025年季度报告

Silvaco Group, Inc. Securities registered pursuant to Section 12(b) of the Act: Indicate by check mark whether the registrant: (1) has filed all reports required to be filed by Section 13 or 15(d) of the SecuritiesExchange Act of 1934 during the preceding 12 months (or for such shorter period that the registrant was required to file suchreports); and (2) has been subject to such filing requirements for the past 90 days.Yes☒No☐ Indicate by check mark whether the registrant has submitted electronically and posted on its corporate web site, if any, everyInteractive Data File required to be submitted and posted pursuant to Rule 405 of Regulation S-T (§232.405 of this chapter) Indicate by check mark whether the registrant is a large accelerated filer, an accelerated filer, a non-accelerated filer, or a smallerreporting company. See the definitions of “large accelerated filer,” “accelerated filer” and “smaller reporting company” in Rule If an emerging growth company, indicate by check mark if the registrant has elected not to use the extended transition period forcomplying with any new or revised financial accounting standards provided pursuant to Section 13(a) of the Exchange Act.☐ Indicate by check mark whether the registrant is a shell company (as defined in Rule 12b-2 of the Act). As of May 5, 2025 the registrant had29,385,444shares of common stock, $0.0001 par value per share, outstanding. SILVACO GROUP, INC.CONDENSED CONSOLIDATED STATEMENTS OF STOCKHOLDERS' EQUITY 1.Description of Business Silvaco Group, Inc. (“Silvaco,” and the “Company” refers to Silvaco Group Inc. and its subsidiaries, unless the contextspecifically requires otherwise) was incorporated as a Delaware corporation on November 18, 2009. The Company is a providerof technology computer aided design (“TCAD”) software, electronic data automation (“EDA”) software and semiconductorintellectual property (“SIP”). TCAD, EDA and SIP solutions enable semiconductor and photonics companies to increaseproductivity, accelerate their products’ time-to-market and reduce their development and manufacturing costs. The Company hasdecades of expertise developing the “technology behind the chip” and providing solutions that span from atoms to systems,starting with providing software for the atomic level simulation of semiconductor and photonics material for devices, to providing 2.Summary of Significant Accounting and Reporting Policies Basis of presentation and consolidation The accompanying condensed consolidated financial statements have been prepared in accordance with U.S. GenerallyAccepted Accounting Principles ("GAAP") and include the accounts of Silvaco and all of the Company's wholly owned The condensed consolidated financial statements as of March31, 2025 and for the three months ended March31, 2025 and2024 are unaudited. Certain information and footnote disclosures normally included in annual financial statements prepared inaccordance with GAAP have been omitted from these condensed consolidated financial statements, as permitted by Securitiesand Exchange Commission (“SEC”) rules and regulations. Accordingly, these condensed consolidated financial statementsshould be read in conjunction with the Company’s audited consolidated financial statements for the year ended December 31, The results of operations for the three months ended March31, 2025 are not necessarily indicative of the Company’s operating results to be expected for the full fiscal year or any other future interim or annual period. Emerging growth company status The Company is an emerging growth company as defined in the Jumpstart Our Business Startups Act of 2012 (the “JOBS Act”).Under the JOBS Act, emerging growth companies can delay adopting new or revised accounting standards issued subsequentto the enactment of the JOBS Act, until such time as those standards apply to private companies. The Company has elected touse this extended transition period for complying with new or revised accounting standards that have different effective dates for Use of estimates The preparation of financial statements in conformity with GAAP requires management to make estimates and assumptions thataffect the reported amounts of assets and liabilities and disclosure of contingent assets and liabilities at the date of the financialstatements. Estimates also affect the amounts of revenue and expenses during the reported periods. The Company’s most Concentrations of credit risk Accounts receivable from customers representing 10% or more of the Company’s total accounts receivable were as follows: * Customer accounted for less than 10% of total accounts receivable at period end. Revenue from customers representing 10% or more of the Company’s total revenue was as follows: In addition to the concentration of credit risk with respect to trade receivables and revenue, the Company's cash on deposit withfinancial institutions is also exposed to concentration risk. The Company's cash on deposit