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SECURITIES AND EXCHANGE COMMISSION
WASHINGTON, DC 20549
FORM 10-Q/A
[X] QUARTERLY REPORT PURSUANT TO SECTION 13 OR 15(d) OF THE
SECURITIES EXCHANGE ACT OF 1934
For the Quarterly Period Ended September 27, 1997
OR
[ ] TRANSITION REPORT PURSUANT TO SECTION 13 OR 15(d) OF THE
SECURITIES EXCHANGE ACT OF 1934
For the Transition Period from to
Commission File No. 0-25502
INFORMATION STORAGE DEVICES, INC.
(Exact name of registrant as specified in its charter)
California 77-0197173
(State or other jurisdiction of
(I.R.S. Employer
incorporation or organization)
Identification No.)
2045 Hamilton Avenue
San Jose, CA 95125
(Address of principal executive offices, including zip code)
(408) 369-2400
(Registrant's telephone number, including area code)
Indicate by check mark whether the registrant (1) has filed all reports required
to be filed by Section 13 or 15(d) of the Securities Exchange Act of 1934 during
the preceding 12 months (or for such shorter period that the registrant was
required to file such reports) and (2) has been subject to such filing
requirements for the past 90 days. YES X NO .
As of October 31, 1997, there were outstanding 9,742,351 shares of the
Registrant's Common Stock.
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Form 10-Q/A
PART I
FINANCIAL INFORMATION
Item 1. Financial Statements
CONDENSED BALANCE SHEETS
(In thousands)
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9-27-97 12-31-96
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Assets
Current assets:
Cash and cash equivalents $ 29,473 $ 21,927
Short-term investments 17,885 33,617
Accounts receivable, net 9,899 3,203
Inventories 9,250 10,059
Other current assets 2,355 2,874
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Total current assets 68,862 71,680
Property and equipment, net 5,995 5,835
Other assets 2,031 1,200
Long-term investments 750 150
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Total Assets $ 77,638 $ 78,865
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Liabilities and Shareholders' Equity
Current liabilities:
Current portion of long-term debt $ 1,363 $ 1,270
Accounts payable and accrued liabilities 9,676 4,009
Deferred revenue 1,360 1,299
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Total current liabilities 12,399 6,578
Long-term liabilities 960 1,986
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Shareholders' equity 64,279 70,301
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Total Liabilities and Shareholders' Equity $ 77,638 78,865
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