GCT Semiconductor Holding, Inc. (GCTS)
GCT Semiconductor Holding, Inc., operates as a fabless semiconductor company, designs, develops, and markets integrated circuits for the wireless semiconductor industry. The company provides RF and modem chipsets based on 4G LTE technology, including 4G LTE, 4.5G LTE Advanced, and 4.75G LTE Advanced-Pro. It develops and sells cellular IoT chipsets for low-speed mobile networks such as eMTC/NB-IOT/Sigfox, and other network protocols; and 5G solutions. Its products and solutions are used in smartphones, tablets, customer premises equipment, USB dongles, routers, and M2M applications. The company sells its products directly or indirectly through distributors to original equipment manufacturers and original design manufacturers primarily in Taiwan, China, Korea and Japan, Europe, North America and South America. The company was formerly known as Global Communication Technology, Inc. GCT Semiconductor Holding, Inc. was founded in 1998 and is headquartered in San Jose, California.
Sector: Semiconductors & Related Devices
Industry: Semiconductors
GCT Semiconductor Holding, Inc.
NYSE:GCTSTechnology · Semiconductors
PrePre-market+3.25%$1.27
Close$1.23-4.65%
AH Close$1.25+1.60%since
Close$1.23-4.65%AH Close$1.25+1.60%since
Mkt Cap$113.12M
Float78.18M
O/S91.97M
Inst Own14.0%
SI15.2%
Dilution
Delisting Issues Timeline
Financials Summary
Revenue$2.87M
Net Income-$43.37M
Total Assets$15.64M
Free Cash Flow-$33.09M
Debt & Equity
Total Debt$63.36M
Total Equity-$83.29M
Shares Outstanding
Short Interest
Split History
No splits on record
Nothing in GCTS's public trading history: no forward or reverse split has affected the share count.
Balance Sheet Details
Assets$15.64M
Liabilities$98.94M
Accounts Receivable$8.03M
Accounts Payable$628K
Inventory$947K
PP&E (Net)$3.38M
Goodwill$0
Intangible Assets$0
Income Statement
| Period | FY 2025 | FY 2024 | FY 2023 | FY 2022 | FY 2021 |
|---|---|---|---|---|---|
| Currency | USD | USD | USD | USD | USD |
| Period Ending | 2025-12-31 | 2024-12-31 | 2023-12-31 | 2022-12-31 | 2021-12-31 |
| Revenue | $2.87M | $9.13M | $16.03M | $16.67M | $25.52M |
| YoY Growth | -68.6% | -43.0% | -3.8% | -34.7% | - |
| Cost of Revenue | $4.68M | $4.05M | $9.29M | $11.62M | $17.36M |
| Gross Profit | -$1.82M | $5.08M | $6.73M | $5.05M | $8.16M |
| Gross Margin | -63.4% | 55.6% | 42.0% | 30.3% | 32.0% |
| Research and Development | $14.01M | $17.33M | $10.71M | $17.39M | $19.13M |
| Selling, General, and Administrative | $20.72M | $14.72M | $10.58M | $10.42M | $6.83M |
| Other | $0 | -$13.85M | $0 | $0 | $0 |
| Total Operating Expenses | $34.72M | $18.2M | $21.29M | $27.81M | $25.96M |
| Operating Income (EBIT) | -$36.54M | -$13.12M | -$14.56M | -$22.75M | -$17.8M |
| Operating Margin | -1274.9% | -143.8% | -90.8% | -136.5% | -69.8% |
| Interest Expense | $6.03M | $3.87M | $6.25M | $3.36M | $4.54M |
| Interest Income | $0 | $0 | $0 | $4K | $1K |
| Other Income (Expense) | -$5.93M | $1.19M | -$7.37M | -$3.54M | -$8.65M |
| Income Before Tax (EBT) | -$42.47M | -$11.93M | -$21.93M | -$26.29M | -$26.45M |
| Income Tax Expense | $902K | $445K | $541K | $121K | $359K |
| Net Income | -$43.37M | -$12.38M | -$22.47M | -$26.41M | -$26.81M |
| Net Income Margin | -1513.3% | -135.6% | -140.2% | -158.4% | -105.0% |
| Supplementary Data | |||||
| EPS | -0.82 | -0.27 | -0.51 | -0.65 | -0.82 |
| Diluted EPS | -0.82 | -0.27 | -0.51 | -0.65 | -0.82 |
| Weighted Average OS | 52.87M | 45.65M | 43.91M | 43.91M | 43.91M |
| EBITDA | -$35.09M | -$6.74M | -$13.89M | -$21.38M | -$20.63M |
| EBITDA Margin | -1224.3% | -73.9% | -86.7% | -128.3% | -80.8% |
Balance Sheet
| Period | FY 2025 | FY 2024 | FY 2023 | FY 2022 | FY 2021 |
|---|---|---|---|---|---|
| Currency | USD | USD | USD | USD | USD |
| Period Ending | 2025-12-31 | 2024-12-31 | 2023-12-31 | 2022-12-31 | 2021-12-31 |
| Assets | |||||
| Current Assets | |||||
| Cash and Cash Equivalents | $590K | $1.44M | $258K | $1.4M | $1.25M |
| Short-Term Investments | $0 | $0 | $0 | $0 | $0 |
| Cash and Short-Term Investments | $590K | $1.44M | $258K | $1.4M | $1.25M |
| Accounts Receivable | $8.03M | $10.92M | $8.36M | $5.34M | $6.52M |
| Inventory | $947K | $2.98M | $1.76M | $3.48M | $1.71M |
| Other Current Assets | $54K | $389K | $2.19M | $0 | $0 |
| Total Current Assets | $11.88M | $17.59M | $13.01M | $12.89M | $13.3M |
| Long-Term Assets | |||||
| Property, Plant & Equipment Net | $3.38M | $1.72M | $2.29M | $1.92M | $1.81M |
| Goodwill | $0 | $0 | $0 | $0 | $0 |
| Intangible Assets | $0 | $65K | $245K | $672K | $668K |
| Long-Term Investments | $0 | $0 | $0 | $0 | $0 |
| Deferred Tax Assets | $0 | $0 | $0 | $0 | $0 |
| Other Long-Term Assets | $381K | $837K | $881K | $993K | $997K |
| Total Long-Term Assets | $3.76M | $2.62M | $3.42M | $3.59M | $3.47M |
| Other Assets | $0 | -$314K | $0 | $0 | $0 |
| Total Assets | $15.64M | $19.9M | $16.43M | $16.48M | $16.78M |
| Liabilities | |||||
| Current Liabilities | |||||
| Accounts Payable | $628K | $1.03M | $17.81M | $19.02M | $12.87M |
| Short-Term Debt | $57.27M | $37.63M | $72.3M | $49.5M | $75.96M |
| Current Income Tax Payable | $2.27M | $3.53M | $0 | $0 | $0 |
| Current Unearned Revenue | $0 | $48K | $0 | $651K | $767K |
| Other Current Liabilities | $21.68M | $1.15M | $890K | $104K | $336K |
| Total Current Liabilities | $79.59M | $60.92M | $114.8M | $81.91M | $103.78M |
| Long-Term Liabilities | |||||
| Long-Term Debt | $6.05M | $4.95M | $6.24M | $20.02M | $8.75M |
| Long-Term Unearned Revenue | $0 | $0 | $0 | $0 | $0 |
| Long-Term Deferred Tax Liabilities | $0 | $0 | $0 | $0 | $0 |
| Other Long-Term Liabilities | $13.26M | $13.17M | $9.97M | $8.9M | $392.5M |
| Total Long-Term Liabilities | $19.35M | $18.29M | $17.06M | $29.5M | $401.29M |
| Other Liabilities | $0 | $0 | $0 | $0 | $0 |
| Total Liabilities | $98.94M | $79.21M | $131.87M | $111.41M | $505.06M |
| Stockholders' Equity | |||||
| Preferred Stock | $0 | $0 | $0 | $0 | $0 |
| Common Stock | $9K | $5K | $3K | $128K | $13K |
| Retained Earnings | -$605.4M | -$562.03M | -$549.65M | -$527.18M | -$498.54M |
| Comprehensive Income & Other | $1.18M | $1.52M | -$1.54M | -$1.86M | -$3.44M |
| Other Stockholders' Equity | $522.1M | $502.71M | $434.21M | $432.13M | $10.24M |
| Total Equity | -$83.29M | -$59.31M | -$115.44M | -$94.93M | -$488.29M |
| Minority Interest | $0 | $0 | $0 | $0 | $0 |
| Total Liabilities and Equity | $15.64M | $19.9M | $16.43M | $16.48M | $16.78M |
| Supplementary Data | |||||
| Total Debt | $63.36M | $43.45M | $80.07M | $70.34M | $85.51M |
| Net Debt | $62.77M | $42.01M | $79.81M | $68.94M | $84.26M |
Cash Flow Statement
| Period | FY 2025 | FY 2024 | FY 2023 | FY 2022 | FY 2021 |
|---|---|---|---|---|---|
| Currency | USD | USD | USD | USD | USD |
| Period Ending | 2025-12-31 | 2024-12-31 | 2023-12-31 | 2022-12-31 | 2021-12-31 |
| Operating Activities | |||||
| Net Income | -$43.37M | -$12.38M | -$22.47M | -$26.41M | -$26.81M |
| Depreciation & Amortization | $1.45M | $1.32M | $1.79M | $1.55M | $1.29M |
| Deferred Income Tax | $0 | $0 | $0 | $0 | $0 |
| Stock-Based Compensation | $6.33M | $2.7M | $43K | $17K | $20K |
| Changes in Working Capital: | |||||
| Accounts Receivable | $330K | -$2.01M | -$4.12M | $633K | -$1.91M |
| Inventory | $2.03M | -$1.49M | $1.99M | -$1.77M | $320K |
| Accounts Payable | -$402K | -$2.56M | $296K | $6.14M | $5.89M |
| Other Working Capital | $1M | -$2.78M | $11.11M | $716K | -$1.37M |
| Total Working Capital Change | $2.96M | -$8.84M | $9.29M | $5.72M | $2.92M |
| Other Non-Cash Items | $1.96M | -$13.77M | $2.52M | $1.04M | $4.84M |
| Net Cash from Operating | -$30.68M | -$30.96M | -$8.83M | -$18.09M | -$17.74M |
| Investing Activities | |||||
| Capital Expenditures | -$2.41M | -$542K | -$331K | -$623K | -$503K |
| Acquisitions | $0 | $0 | $0 | $0 | $0 |
| Purchases of Investments | $0 | $0 | $0 | $0 | $0 |
| Sales of Investments | $0 | $0 | $0 | $0 | $0 |
| Other Investing Activities | $0 | $0 | $0 | -$280K | -$134K |
| Net Cash from Investing | -$2.41M | -$542K | -$331K | -$903K | -$637K |
| Financing Activities | |||||
| Debt Repaid | -$1.86M | -$10.65M | -$1.48M | -$7.8M | -$5.34M |
| Common Stock Issuance | $12.31M | $10.77M | $0 | $0 | $0 |
| Common Stock Repurchases | $0 | $0 | $0 | $0 | $0 |
| Dividends Paid | $0 | $0 | $0 | $0 | $0 |
| Other Financing Activities | -$11K | $17.25M | $23K | $51K | $48K |
| Net Cash from Financing | $32.25M | $36.47M | $8.15M | $19.27M | $10.57M |
| Forex Effect | -$5K | -$3.8M | -$131K | -$136K | $539K |
| Net Change in Cash | -$845K | $1.18M | -$1.14M | $147K | -$7.27M |
| Supplementary Data | |||||
| Operating Cash Flow | -$30.68M | -$30.96M | -$8.83M | -$18.09M | -$17.74M |
| Capital Expenditure | -$2.41M | -$542K | -$331K | -$903K | -$637K |
| Free Cash Flow | -$33.09M | -$31.5M | -$9.16M | -$18.99M | -$18.38M |
| Cash at Beginning | $1.44M | $258K | $1.4M | $1.25M | $8.52M |
| Cash at End | $590K | $1.44M | $258K | $1.4M | $1.25M |