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Consolidated Balance Sheets - USD ($)
$ in Thousands
Dec. 31, 2023
Dec. 31, 2022
Current assets:    
Cash and cash equivalents $ 242,219 $ 190,611
Accounts receivable, less allowance of $130 in 2023 and $87 in 2022 52,631 65,429
Inventories 106,579 101,410
Other current assets 18,937 5,154
Total current assets 420,366 362,604
Deferred tax assets 296 280
Long-term investment, net 2,530 2,622
Property, plant and equipment, net 157,689 166,009
Other assets 14,006 5,386
Total assets 594,887 536,901
Current liabilities:    
Accounts payable 12,100 22,207
Accrued compensation and benefits 11,227 10,849
Accrued litigation 6,500 6,500
Accrued expenses 5,093 8,613
Sales allowances 3,482 1,661
Short-term lease liabilities 1,864 1,450
Income taxes payable 746 72
Short-term deferred revenue and customer prepayments 3,157 13,197
Total current liabilities 44,169 64,549
Long-term deferred revenue 1,020 145
Long-term income taxes payable 2,228 862
Long-term lease liabilities 6,364 7,009
Total liabilities 53,781 72,565
Commitments and contingencies (Note 15)
Vicor Corporation stockholders' equity:    
Additional paid-in capital 383,832 360,365
Retained earnings 296,674 243,079
Accumulated other comprehensive loss (1,273) (988)
Treasury stock at cost: 11,634,806 shares in 2023 and 2022 (138,927) (138,927)
Total Vicor Corporation stockholders' equity 540,869 464,088
Noncontrolling interest 237 248
Total equity 541,106 464,336
Total liabilities and equity 594,887 536,901
Class B Common Stock [Member]    
Vicor Corporation stockholders' equity:    
Common Stock 118 118
Common Stock [Member]    
Vicor Corporation stockholders' equity:    
Common Stock $ 445 $ 441