Paymentus Holdings Inc
For the period ended Sep 30, 2024. Filed Nov 12, 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.
Sep 30, 2024 · Filed Nov 12, 2024
PAY$34.21+2.2%Stored close · as of Nov 9, 2026
Extracted filing text, with the paragraph anchors used by the comparison.
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Condensed Consolidated Balance Sheets
(In thousands, except share and per share data)
| September 30, | December 31, | |
|---|---|---|
| 2024 | 2023 | |
| Assets | ||
| Current assets | ||
| Cash and cash equivalents | $187,542 | $179,361 |
| Restricted cash and cash equivalents | 3,243 | 3,834 |
| Accounts and other receivables, net of allowance for expected credit losses of $354 and $435, respectively | 111,174 | 76,389 |
| Income tax receivable | 4,334 | 259 |
| Prepaid expenses and other current assets | 13,804 | 10,505 |
| Total current assets | 320,097 | 270,348 |
| Property and equipment, net | 1,323 | 1,558 |
| Capitalized internal-use software development costs, net | 65,993 | 58,787 |
| Intangible assets, net | 21,096 | 27,158 |
| Goodwill | 131,849 | 131,860 |
| Operating lease right-of-use assets | 8,610 | 10,027 |
| Deferred tax asset | 358 | 94 |
| Other long-term assets | 3,606 | 5,031 |
| Total assets | $552,932 | $504,863 |
| Liabilities and Stockholders’ Equity | ||
| Current liabilities | ||
| Accounts payable | $49,659 | $35,182 |
| Accrued liabilities | 20,299 | 21,301 |
| Current portion of operating lease liabilities | 2,098 | 1,853 |
| Contract liabilities | 2,192 | 4,089 |
| Income tax payable | — | 363 |
| Total current liabilities | 74,248 | 62,788 |
| Deferred tax liability | 1 | 1,067 |
| Operating lease liabilities, less current portion | 7,146 | 8,661 |
| Contract liabilities, less current portion | 2,744 | 2,731 |
| Total liabilities | 84,139 | 75,247 |
| Stockholders’ equity | ||
| Preferred stock, $0.0001 par value per share, 5,000,000 shares authorized as of September 30, 2024 and December 31, 2023; none issued and outstanding as of September 30, 2024 and December 31, 2023 | — | — |
| Class A common stock, $0.0001 par value per share, 883,950,000 shares authorized as of September 30, 2024 and December 31, 2023; 24,478,802 and 20,758,603 shares issued and outstanding as of September 30, 2024 and December 31, 2023, respectively | 2 | 2 |
| Class B common stock, $0.0001 par value per share, 111,050,000 shares authorized as of September 30, 2024 and December 31, 2023; 100,126,384 and 103,062,508 shares issued and outstanding as of September 30, 2024 and December 31, 2023, respectively | 10 | 10 |
| Additional paid-in capital | 386,020 | 377,773 |
| Accumulated other comprehensive income | (3) | 87 |
| Retained earnings | 82,764 | 51,744 |
| Total stockholders’ equity | 468,793 | 429,616 |
| Total liabilities and stockholders' equity | $552,932 | $504,863 |
The text of this filing, as the company filed it with the SEC, without its images or exhibits. This is not investment advice.