Beachbody Company Inc
For the period ended Mar 31, 2024. Filed May 6, 2024.
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A company's report for each of its first three quarters. The financial statements are not audited. It shows how the business has moved since the last annual report, and what management says changed.
Mar 31, 2024 · Filed May 6, 2024
BODI$4.510.0%Stored close · as of Nov 10, 2026
Extracted filing text, with the paragraph anchors used by the comparison.
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Unaudited Condensed Consolidated Statements of Operations
(in thousands, except per share data)
| Three months ended March 31, | ||
|---|---|---|
| 2024 | 2023 | |
| Revenue: | ||
| Digital | $61,506 | $64,773 |
| Nutrition and other | 55,512 | 74,120 |
| Connected fitness | 3,028 | 6,008 |
| Total revenue | 120,046 | 144,901 |
| Cost of revenue: | ||
| Digital | 12,862 | 14,967 |
| Nutrition and other | 22,284 | 31,039 |
| Connected fitness | 3,618 | 7,555 |
| Total cost of revenue | 38,764 | 53,561 |
| Gross profit | 81,282 | 91,340 |
| Operating expenses: | ||
| Selling and marketing | 59,261 | 76,576 |
| Enterprise technology and development | 17,717 | 19,096 |
| General and administrative | 13,483 | 17,716 |
| Restructuring | 1,644 | 5,387 |
| Total operating expenses | 92,105 | 118,775 |
| Operating loss | (10,823) | (27,435) |
| Other income (expense): | ||
| Loss on partial debt extinguishment | (1,209) | — |
| Change in fair value of warrant liabilities | (724) | 57 |
| Interest expense | (1,875) | (2,331) |
| Other income, net | 477 | 569 |
| Loss before income taxes | (14,154) | (29,140) |
| Income tax provision | (62) | (48) |
| Net loss | $(14,216) | $(29,188) |
| Net loss per common share, basic and diluted | $(2.10) | $(4.72) |
| Weighted-average common shares outstanding, basic and diluted | 6,761 | 6,183 |
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