JFrog Ltd
For the period ended Dec 31, 2023. Filed Feb 15, 2024.
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A company's yearly report to the SEC, with audited financial statements. It is the fullest account a company gives of its business, its finances and the risks it sees.
FY2023 · Filed Feb 15, 2024
FROG$108.18+7.1%Stored close · as of Nov 9, 2026
Extracted filing text, with the paragraph anchors used by the comparison.
See the whole filing, with its images and exhibitsContents
Consolidated Balance Sheets
(in thousands, except share and per share data)
| As of December 31, | ||
|---|---|---|
| 2023 | 2022 | |
| Assets | ||
| Current assets: | ||
| Cash and cash equivalents | $84,765 | $45,595 |
| Short-term investments | 460,245 | 397,605 |
| Accounts receivable, net | 76,437 | 62,117 |
| Deferred contract acquisition costs | 11,378 | 8,102 |
| Prepaid expenses and other current assets | 12,976 | 18,603 |
| Total current assets | 645,801 | 532,022 |
| Property and equipment, net | 6,663 | 8,021 |
| Deferred contract acquisition costs, noncurrent | 18,032 | 13,501 |
| Operating lease right-of-use assets | 22,427 | 24,602 |
| Intangible assets, net | 25,768 | 37,544 |
| Goodwill | 247,955 | 247,955 |
| Other assets, noncurrent | 5,910 | 7,576 |
| Total assets | $972,556 | $871,221 |
| Liabilities and Shareholders’ Equity | ||
| Current liabilities: | ||
| Accounts payable | $16,970 | $14,867 |
| Accrued expenses and other current liabilities | 35,815 | 28,848 |
| Operating lease liabilities | 8,272 | 7,132 |
| Deferred revenue | 201,118 | 158,725 |
| Total current liabilities | 262,175 | 209,572 |
| Deferred revenue, noncurrent | 12,987 | 16,990 |
| Operating lease liabilities, noncurrent | 13,954 | 16,829 |
| Other liabilities, noncurrent | 4,317 | 3,057 |
| Total liabilities | 293,433 | 246,448 |
| Commitments and contingencies (Note 11) | ||
| Shareholders’ equity: | ||
| Preferred shares, NIS 0.01 par value per share; 50,000,000 shares authorized; 0 issued and outstanding as of December 31, 2023 and December 31, 2022 | — | — |
| Ordinary shares, NIS 0.01 par value per share, 500,000,000 shares authorized; and 106,114,892 and 100,907,857 shares issued and outstanding as of December 31, 2023 and December 31, 2022, respectively | 297 | 283 |
| Additional paid-in capital | 968,245 | 856,438 |
| Accumulated other comprehensive income (loss) | 1,013 | (2,772) |
| Accumulated deficit | (290,432) | (229,176) |
| Total shareholders’ equity | 679,123 | 624,773 |
| Total liabilities and shareholders’ equity | $972,556 | $871,221 |
The text of this filing, as the company filed it with the SEC, without its images or exhibits. This is not investment advice.