FORRESTER RESEARCH INC
For the period ended Dec 31, 2024. Filed Mar 7, 2025.
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FY2024 · Filed Mar 7, 2025
FORR$8.90+0.8%Stored close · as of Nov 9, 2026
Extracted filing text, with the paragraph anchors used by the comparison.
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Consolidated Balance Sheets
(In thousands, except per share data)
| December 31, | December 31, | |
|---|---|---|
| 2024 | 2023 | |
| ASSETS | ||
| Current Assets: | ||
| Cash and cash equivalents | $56,087 | $72,909 |
| Marketable investments (Note 3) | 48,582 | 51,580 |
| Accounts receivable, net of allowance for expected credit losses of $434 and $574 as of December 31, 2024 and 2023, respectively (Note 1, 15) | 55,490 | 58,999 |
| Deferred commissions | 22,942 | 23,207 |
| Prepaid expenses and other current assets | 18,263 | 9,305 |
| Total current assets | 201,364 | 216,000 |
| Property and equipment, net | 11,699 | 19,401 |
| Operating lease right-of-use assets | 27,049 | 39,722 |
| Goodwill | 227,959 | 244,257 |
| Intangible assets, net | 27,475 | 37,637 |
| Other assets | 8,316 | 7,157 |
| Total assets | $503,862 | $564,174 |
| LIABILITIES AND STOCKHOLDERS' EQUITY | ||
| Current Liabilities: | ||
| Accounts payable | $965 | $1,796 |
| Accrued expenses and other current liabilities | 57,602 | 81,482 |
| Deferred revenue | 145,404 | 156,798 |
| Total current liabilities | 203,971 | 240,076 |
| Long-term debt | 35,000 | 35,000 |
| Non-current operating lease liabilities | 24,809 | 37,673 |
| Other non-current liabilities (Note 15) | 10,545 | 11,160 |
| Total liabilities | 274,325 | 323,909 |
| Commitments and contingencies (Note 16) | ||
| Stockholders' Equity: | ||
| Preferred stock, $0.01 par value | ||
| Authorized - 500 shares; issued and outstanding - none | — | — |
| Common stock, $0.01 par value | ||
| Authorized - 125,000 shares | ||
| Issued - 25,119 and 24,684 shares as of December 31, 2024 and 2023, respectively | ||
| Outstanding - 18,838 and 19,248 shares as of December 31, 2024 and 2023, respectively | 251 | 247 |
| Additional paid-in capital | 292,217 | 278,057 |
| Retained earnings | 171,934 | 177,681 |
| Treasury stock - 6,282 and 5,437 shares as of December 31, 2024 and 2023, respectively | (227,119) | (211,149) |
| Accumulated other comprehensive loss | (7,746) | (4,571) |
| Total stockholders’ equity | 229,537 | 240,265 |
| Total liabilities and stockholders’ equity | $503,862 | $564,174 |
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