Annual report pursuant to Section 13 and 15(d)

CONSOLIDATED BALANCE SHEETS (UNAUDITED)

v2.4.1.9
CONSOLIDATED BALANCE SHEETS (UNAUDITED) (USD $)
In Thousands, unless otherwise specified
Dec. 31, 2014
Dec. 31, 2013
Current assets:    
Cash and cash equivalents $ 20,696us-gaap_CashAndCashEquivalentsAtCarryingValue $ 26,450us-gaap_CashAndCashEquivalentsAtCarryingValue
Short-term investments, available-for-sale 48,399us-gaap_AvailableForSaleSecuritiesCurrent 35,494us-gaap_AvailableForSaleSecuritiesCurrent
Accounts receivable, net 18,523us-gaap_AccountsReceivableNetCurrent 20,058us-gaap_AccountsReceivableNetCurrent
Inventory 10,858us-gaap_InventoryNet 10,032us-gaap_InventoryNet
Prepaid expenses and other current assets 2,438us-gaap_PrepaidExpenseAndOtherAssetsCurrent 1,682us-gaap_PrepaidExpenseAndOtherAssetsCurrent
Total current assets 100,914us-gaap_AssetsCurrent 93,716us-gaap_AssetsCurrent
Property and equipment, net 12,441us-gaap_PropertyPlantAndEquipmentNet 5,511us-gaap_PropertyPlantAndEquipmentNet
Long-term investments, available-for-sale 10,256us-gaap_AvailableForSaleSecuritiesNoncurrent 24,410us-gaap_AvailableForSaleSecuritiesNoncurrent
Intangible assets 10,386us-gaap_FiniteLivedIntangibleAssetsNet 749us-gaap_FiniteLivedIntangibleAssetsNet
Goodwill 1,201us-gaap_Goodwill 0us-gaap_Goodwill
Other long-term assets 513us-gaap_OtherAssetsNoncurrent 543us-gaap_OtherAssetsNoncurrent
Total assets 135,711us-gaap_Assets 124,929us-gaap_Assets
Current liabilities:    
Accounts payable 7,509us-gaap_AccountsPayableCurrent 7,507us-gaap_AccountsPayableCurrent
Deferred revenue and deferred profit 3,612mxl_DeferredRevenueAndDeferredProfit 2,651mxl_DeferredRevenueAndDeferredProfit
Accrued price protection liability 10,018mxl_AccruedPriceProtectionLiability 15,017mxl_AccruedPriceProtectionLiability
Accrued expenses and other current liabilities 5,548us-gaap_AccruedLiabilitiesCurrent 4,285us-gaap_AccruedLiabilitiesCurrent
Accrued compensation 6,559us-gaap_EmployeeRelatedLiabilitiesCurrent 7,698us-gaap_EmployeeRelatedLiabilitiesCurrent
Total current liabilities 33,246us-gaap_LiabilitiesCurrent 37,158us-gaap_LiabilitiesCurrent
Other long-term liabilities 3,363us-gaap_OtherLiabilitiesNoncurrent 1,097us-gaap_OtherLiabilitiesNoncurrent
Commitments and contingencies      
Stockholders’ equity:    
Preferred stock, $0.0001 par value; 25,000 shares authorized, no shares issued or outstanding 0us-gaap_PreferredStockValue 0us-gaap_PreferredStockValue
Common stock 0us-gaap_CommonStockValue 0us-gaap_CommonStockValue
Additional paid-in capital 177,912us-gaap_AdditionalPaidInCapitalCommonStock 158,360us-gaap_AdditionalPaidInCapitalCommonStock
Accumulated other comprehensive income (loss) (25)us-gaap_AccumulatedOtherComprehensiveIncomeLossNetOfTax 58us-gaap_AccumulatedOtherComprehensiveIncomeLossNetOfTax
Accumulated deficit (78,789)us-gaap_RetainedEarningsAccumulatedDeficit (71,748)us-gaap_RetainedEarningsAccumulatedDeficit
Total stockholders’ equity 99,102us-gaap_StockholdersEquity 86,674us-gaap_StockholdersEquity
Total liabilities and stockholders’ equity 135,711us-gaap_LiabilitiesAndStockholdersEquity 124,929us-gaap_LiabilitiesAndStockholdersEquity
Class A Common Stock    
Stockholders’ equity:    
Common stock 3us-gaap_CommonStockValue
/ us-gaap_StatementClassOfStockAxis
= us-gaap_CommonClassAMember
3us-gaap_CommonStockValue
/ us-gaap_StatementClassOfStockAxis
= us-gaap_CommonClassAMember
Total stockholders’ equity 3us-gaap_StockholdersEquity
/ us-gaap_StatementClassOfStockAxis
= us-gaap_CommonClassAMember
3us-gaap_StockholdersEquity
/ us-gaap_StatementClassOfStockAxis
= us-gaap_CommonClassAMember
Class B Common Stock    
Stockholders’ equity:    
Common stock 1us-gaap_CommonStockValue
/ us-gaap_StatementClassOfStockAxis
= us-gaap_CommonClassBMember
1us-gaap_CommonStockValue
/ us-gaap_StatementClassOfStockAxis
= us-gaap_CommonClassBMember
Total stockholders’ equity $ 1us-gaap_StockholdersEquity
/ us-gaap_StatementClassOfStockAxis
= us-gaap_CommonClassBMember
$ 1us-gaap_StockholdersEquity
/ us-gaap_StatementClassOfStockAxis
= us-gaap_CommonClassBMember