LEGALZOOMCOM INC

For the period ended Dec 31, 2023. Filed Feb 29, 2024.

About this filing

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 29, 2024

LZ$4.85-7.4%Stored close · as of Nov 9, 2026

Extracted filing text, with the paragraph anchors used by the comparison.

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Contents

Audited Consolidated Financial Statements: Consolidated Balance Sheets

Consolidated Balance Sheets

(In thousands, except par values)

	December 31,
	2023	2022
Assets
Current assets:
Cash and cash equivalents	$225,719	$189,082
Accounts receivable, net of allowances of $4,906 and $4,730	11,738	13,177
Prepaid expenses and other current assets	15,159	16,699
Current assets held for sale	22,722	22,722
Total current assets	275,338	241,680
Property and equipment, net	48,232	30,823
Goodwill	63,318	63,229
Intangible assets, net	13,735	18,900
Operating lease right-of-use assets	8,518	11,148
Deferred income taxes	29,015	29,380
Available-for-sale debt securities (amortized cost of $836 and $812)	1,159	995
Other assets	8,503	9,240
Total assets	$447,818	$405,395
Liabilities and stockholders’ equity
Current liabilities:
Accounts payable	$32,282	$25,312
Accrued expenses and other current liabilities	61,678	57,373
Deferred revenue	167,951	164,200
Operating lease liabilities	2,052	2,317
Total current liabilities	263,963	249,202
Operating lease liabilities, non-current	6,966	8,958
Deferred revenue	490	892
Other liabilities	7,565	3,968
Total liabilities	278,984	263,020
Commitments and contingencies (Note 13)
Stockholders’ equity:
Preferred stock, $0.001 par value 100,000 shares authorized at December 31, 2023 and 2022, none issued or outstanding at December 31, 2023 and 2022	—	—
Common stock, $0.001 par value; 1,000,000 and 1,000,000 shares authorized; 188,538 and 190,822 shares issued and outstanding at December 31, 2023 and 2022, respectively	189	190
Additional paid-in capital	1,101,474	1,032,550
Accumulated deficit	(933,061)	(891,862)
Accumulated other comprehensive income	232	1,497
Total stockholders’ equity	168,834	142,375
Total liabilities and stockholders’ equity	$447,818	$405,395

ContentsView on SEC.gov

The text of this filing, as the company filed it with the SEC, without its images or exhibits. This is not investment advice.