SANTA CLARA, Calif., Jan. 02, 2025 (GLOBE NEWSWIRE) -- Silvaco Group, Inc. (Nasdaq: SVCO) (“Company”,“Silvaco”), a provider of TCAD, EDA software, and SIP solutions that enable semiconductor design and digital twin modeling through AI software and innovation, will participate in a fireside chat at the Needham Growth Conference on Wednesday, January 15, at 9:30 a.m. Eastern time. A live webcast, as well as a replay, of the presentation will be available on the company’s investor relations website at https:// ...

SANTA CLARA, Calif., Dec. 20, 2024 (GLOBE NEWSWIRE) -- Silvaco Group, Inc. (NASDAQ:SVCO), a provider of TCAD, EDA software and SIP solutions that enable semiconductor design and digital twin modeling through AI software and innovation, today announced a strategic sales partnership with Micon Global. The partnership between Silvaco and Micon Global is expected to drive Silvaco's expansion across the EMEA market, leveraging Micon Global's expertise to enhance client access to Silvaco's design solutions. "We a ...

SANTA CLARA, Calif., Dec. 19, 2024 (GLOBE NEWSWIRE) -- Silvaco Group, Inc. (Nasdaq: SVCO) ("Silvaco"), a provider of TCAD, EDA software and SIP solutions that enable semiconductor design and digital twin modeling through AI software and innovation, today announced that the U.S. Court of Appeals for the Ninth Circuit affirmed the U.S. District Court for the Northern District of California’s dismissal of all claims against Silvaco brought by Aldini AG. "We are pleased with the court's decision," said Babak Ta ...

SAN FRANCISCO, Dec. 16, 2024 (GLOBE NEWSWIRE) -- On October 16, 2024, Silvaco Group, Inc. (NASDAQ: SVCO) shares crashed to their lowest level since the company conducted its May 2024 IPO at $19 per share after the company reported disastrous preliminary Q3 financial results and a dismal outlook. The company revealed a substantial year-over-year revenue decline due to delayed China orders, and significantly reduced FY guidance for key metrics. The steep drop-off has called into question whether these risks h ...

NEW YORK , Dec. 12, 2024 /PRNewswire/ --Why: Rosen Law Firm, a global investor rights law firm, announces an investigation of potential securities claims on behalf of shareholders of Gogoro Inc. (NASDAQ: SVCO) resulting from allegations that Silvaco may have issued materially misleading business information to the investing public.So What: If you purchased Silvaco securities you may be entitled to compensation without payment of any out of pocket fees or costs through a contingency fee arrangement. The Rose ...

NEW YORK, Dec. 11, 2024 (GLOBE NEWSWIRE) -- Why: Rosen Law Firm, a global investor rights law firm, announces an investigation of potential securities claims on behalf of shareholders of Silvaco Group, Inc. (NASDAQ: SVCO) resulting from allegations that Silvaco may have issued materially misleading business information to the investing public. So What: If you purchased Silvaco securities you may be entitled to compensation without payment of any out of pocket fees or costs through a contingency fee arrange ...

LOS ANGELES, Dec. 11, 2024 /PRNewswire/ -- The Schall Law Firm, a national shareholder rights litigation firm, announces that it is investigating claims on behalf of investors of Silvaco Group, Inc. ("Silvaco" or "the Company") (NASDAQ: SVCO) for violations of the securities laws.The investigation focuses on whether the Company issued false and/or misleading statements and/or failed to disclose information pertinent to investors. Silvaco issued a press release on October 15, 2024, titled, "Silvaco Announces ...

Revenue and Bookings - Software solutions accounted for 62% and 72% of revenue for the three and nine months ended September 30, 2024, respectively, compared to 74% and 73% for the same periods in 2023[121]. - Bookings for the three and nine months ended September 30, 2024, were $9.9 million and $45.5 million, respectively, down from $12.5 million and $42.5 million in the same periods of 2023[122]. - Revenue for the three and nine months ended September 30, 2024, was $11.0 million and $41.8 million, respectively, compared to $14.9 million and $41.8 million for the same periods in 2023[122]. - Approximately 88% and 90% of bookings for the three and nine months ended September 30, 2024, came from existing customers, compared to 85% and 80% for the same periods in 2023[121]. - Total revenue decreased by $3.9 million, or 27%, to $10.97 million for the three months ended September 30, 2024, compared to $14.94 million for the same period in 2023[150]. - Bookings for the three months ended September 30, 2024, were $9.9 million, down from $12.5 million for the same period in 2023, while nine-month bookings increased to $45.5 million from $42.5 million[167]. Expenses and Losses - Research and development expenses were 38% and 37% of revenue for the three and nine months ended September 30, 2024, respectively, up from 22% and 24% for the same periods in 2023[128]. - Operating expenses increased by 42% to $15.49 million for the three months ended September 30, 2024, compared to $10.93 million for the same period in 2023[148]. - Research and development expenses increased by 26% to $4.13 million for the three months ended September 30, 2024, from $3.29 million for the same period in 2023[148]. - Selling and marketing expenses increased by 22% to $3.83 million for the three months ended September 30, 2024, from $3.14 million for the same period in 2023[148]. - General and administrative expenses increased by 58% to $7.13 million for the three months ended September 30, 2024, from $4.50 million for the same period in 2023[148]. - Net loss for the three months ended September 30, 2024, was $6.55 million, compared to a net income of $1.45 million for the same period in 2023, representing a 552% decrease[148]. - Total operating expenses increased to $74.9 million for the nine months ended September 30, 2024, compared to $32.0 million for the same period in 2023, representing a 134% increase[154]. - Research and development expenses rose by $5.7 million, or 57%, to $15.5 million for the nine months ended September 30, 2024, primarily due to stock-based compensation expenses[156]. - Selling and marketing expenses increased by $5.4 million, or 61%, to $14.3 million for the nine months ended September 30, 2024, driven by stock-based compensation and increased headcount[158]. - General and administrative expenses surged by $16.7 million, or 126%, to $30.0 million for the nine months ended September 30, 2024, largely due to stock-based compensation and legal fees[160]. - Non-GAAP operating loss for the nine months ended September 30, 2024, was $(42.7) million, compared to a non-GAAP operating income of $3.1 million for the same period in 2023[174]. - Non-GAAP net loss for the nine months ended September 30, 2024, was $(42.7) million, compared to a non-GAAP net income of $3.1 million for the same period in 2023[175]. Cash Flow and Financing - The company had $26.6 million in cash and cash equivalents as of September 30, 2024, with $73.8 million in short-term marketable securities[177]. - Net cash used in operating activities for the nine months ended September 30, 2024, was $10.7 million, a decrease of $11.0 million compared to the same period in 2023[188]. - The company used $73.0 million in investing activities during the nine months ended September 30, 2024, primarily for purchases of marketable securities[189]. - Net cash provided by financing activities for the nine months ended September 30, 2024, was $105.5 million, including $106.0 million from the IPO[190]. - The gross proceeds from the IPO were $114.0 million, with $106.0 million net after underwriting discounts and commissions of $8.0 million[182]. - The company drew $4.3 million on the East West Bank Loan during the nine months ended September 30, 2024, which was repaid in full in May 2024[179]. - The company incurred $2.6 million related to deferred transaction costs in connection with the IPO[190]. - As of September 30, 2024, 18.7% of the company's cash and cash equivalents were held with one financial institution, exceeding federally insured limits[184]. Market Outlook and Strategy - The global EDA software market is forecasted to reach $22.2 billion by 2030, representing a 9% CAGR[128]. - The company aims to enhance product offerings through in-house R&D, acquisitions, and strategic partnerships to meet the increasing complexity of semiconductor designs[127]. - The company anticipates that focusing on higher margin products will lead to gross margin and operating margin expansion[131]. - The company plans to continue investing in software solutions to establish and expand its leadership position in target markets[128]. Revenue Recognition - The company recognizes revenue from software licenses upfront upon delivery, while maintenance and service revenue is recognized ratably over the contract term[136].

UNITED STATES SECURITIES AND EXCHANGE COMMISSION Washington, D.C. 20549 FORM 8-K CURRENT REPORT Pursuant to Section 13 or 15(d) of the Securities Exchange Act of 1934 Date of Report (Date of earliest event reported): October 15, 2024 Silvaco Group, Inc. (Exact name of registrant as specified in its charter) | --- | --- | --- | |--------------------------------------------------------|-----------------------------------------------------------------------|------------------------------------------| | | | | | ...

UNITED STATES SECURITIES AND EXCHANGE COMMISSION Washington, D.C. 20549 FORM 10-Q (Mark One) ☒ QUARTERLY REPORT PURSUANT TO SECTION 13 OR 15(d) OF THE SECURITIES EXCHANGE ACT OF 1934 For the quarterly period ended June 30, 2024 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 number 001-42043 Silvaco Group, Inc. (Exact name of Registrant as specified in its charter) | --- | --- | --- | |--------------------------- ...