铿腾电子 2026年季度报告

Indicate by check mark whether the registrant (1)has filed all reports required to be filed by Section13 or 15(d) of the SecuritiesExchange Act of 1934 during the preceding 12 months (or for such shorter period that the registrant was required to file such reports), Indicate by check mark whether the registrant has submitted electronically every Interactive Data File required to be submittedpursuant to Rule 405 of Regulation S-T (§232.405 of this chapter) during the preceding 12 months (or for such shorter period that theregistrant was required to submit such files).Yes☒No☐ PARTI.FINANCIAL INFORMATION Financial Statements: Condensed Consolidated Statements of Stockholders’ Equity for the three months ended March 31,2026 and March 31, 2025 Notes to Condensed Consolidated Financial Statements CADENCE DESIGN SYSTEMS, INC.NOTES TO CONDENSED CONSOLIDATED FINANCIAL STATEMENTS NOTE 1. BASIS OF PRESENTATION AND SUMMARY OF SIGNIFICANT ACCOUNTING POLICIES Basis of Presentation The condensed consolidated financial statements included in this Quarterly Report on Form 10-Q have been prepared byCadence Design Systems, Inc. (“Cadence”) without audit, pursuant to the rules and regulations of the United States Securities andExchange Commission (the “SEC”). Certain information and footnote disclosures normally included in consolidated financial statementsprepared in accordance with United States generally accepted accounting principles (“U.S. GAAP”) have been condensed or omittedpursuant to such rules and regulations. However, Cadence believes that the disclosures contained in this Quarterly Report on Form 10- Theunaudited condensed consolidated financial statements included in this Quarterly Report on Form 10-Q reflect alladjustments (which include only normal, recurring adjustments and those items discussed in these notes) that are, in the opinion ofmanagement, necessary to state fairly the results of operations, cash flows and financial position for the periods and dates presented. Fiscal Year End Cadence’s fiscal year end is December 31, and its fiscal quarters end on March 31, June 30, and September 30. Use of Estimates Preparation of the condensed consolidated financial statements in conformity with U.S. GAAP requires management to makeestimates and assumptions that affect the reported amounts of assets and liabilities and disclosure of contingent assets and liabilities at Risks and Uncertainties Because Cadence operates globally, its business is subject to the effects of economic downturns or recessions in the regions inwhich it does business, volatility in foreign currency exchange rates relative to the U.S. dollar, inflation, changing interest rates, Trade control laws and regulations have been amended over the past years, including through the imposition of certain exportcontrol restrictions concerning advanced node IC production in China and the inclusion of additional Chinese technology companies onthe Entity List maintained by the U.S. Department of Commerce's Bureau of Industry and Security (“BIS”) and regulations governing thesale of certain technologies. In furtherance of these regulations, effective September 29, 2025, BIS issued an interim final rule that Recently Adopted Accounting Standards Measurements of Credit Losses for Accounts Receivable and Contract Assets In July 2025, the FASB issued ASU No. 2025-05, “Financial Instruments - Credit Losses (Topic 326) Measurement of CreditLosses for Accounts Receivable and Contract Assets.” This ASU provides a practical expedient that allows entities to assume thatcurrent conditions as of the balance sheet date do not change for the remaining life of the asset when estimating expected credit lossesfor current accounts receivable and current contract assets. Cadence adopted this ASU on the first day of fiscal 2026. The adoption of New Accounting Standards Not Yet Adopted Disaggregation of Income Statement Expenses In November 2024, the FASB issued ASU No. 2024-03, “Income Statement—Reporting Comprehensive Income—ExpenseDisaggregation Disclosures,” which requires additional disclosure of certain costs and expenses in the notes to the financial statements.The updated standard is effective for annual periods beginning after December 15, 2026 and interim periods beginning after December Accounting for Internal-Use Software In September 2025, the FASB issued ASU No. 2025‑06, “Intangibles—Goodwill and Other—Internal‑Use Software (Subtopic350‑40): Simplifying the Accounting for Internal‑Use Software.” The updated guidance changes the capitalization criteria for internal‑usesoftware by replacing the existing stage‑based model with a principles‑based approach focused on the point at which managementauthorizes the software project, funding is approved, and it is probable that the software will be completed and used as intended. Coststhat do not directly relate to the development of internal‑use software, such as training, data conversion, and ongoing