0001193125-25-256259
SEC filingNotes show strong cash position, no debt, and significant inventory growth with no buyback or dividend activity.
As of September 30, 2025, Vicor Corporation reported cash and cash equivalents of $196.6 million, compared to $196.1 million at December 31, 2024. The company has no short-term or long-term debt, maintaining a debt-free balance sheet. Total shareholders' equity stood at $1,006.4 million, up from $948.6 million at year-end 2024. Inventory increased to $103.5 million from $86.0 million, reflecting higher stock levels. No marketable securities or deferred revenue balances were disclosed in the Notes.
The Notes to the Financial Statements do not disclose any material purchase commitments, contractual obligations, or off-balance-sheet arrangements. No supply purchase, capacity, or long-term supply commitments were reported.
During the nine months ended September 30, 2025, Vicor did not repurchase any shares of its common stock and did not declare or pay any cash dividends. The company had no debt issuance or repayment activity. Capital expenditure amounts were not separately disclosed in the Notes; however, the cash flow statement (not part of this analysis) would provide that detail. No new buyback authorization was announced.
The Notes do not include segment-level reporting. Vicor operates as a single reportable segment. No geographic revenue breakdown or operating income by segment is provided in the Notes section.
The provided document excerpt only contains the table of contents and does not include any actual numerical data from the Condensed Consolidated Statements of Cash Flows. Therefore, no cash flow analysis can be performed. The statement is referenced on page 4 for the nine months ended September 30, 2025 and 2024, but the figures are not provided in the input.