LEGALZOOMCOM INC
For the period ended Sep 30, 2024. Filed Nov 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.
Sep 30, 2024 · Filed Nov 6, 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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Condensed Consolidated Balance Sheets
Unaudited Condensed Consolidated Balance Sheets
(In thousands, except par values)
| September 30, 2024 | December 31, 2023 | |
|---|---|---|
| Assets | ||
| Current assets: | ||
| Cash and cash equivalents | $112,477 | $225,719 |
| Accounts receivable, net of allowances of $3,015 and $4,906, respectively | 11,518 | 11,738 |
| Prepaid expenses and other current assets | 20,491 | 15,159 |
| Current assets held for sale | 22,722 | 22,722 |
| Total current assets | 167,208 | 275,338 |
| Property and equipment, net | 59,692 | 48,232 |
| Goodwill | 63,318 | 63,318 |
| Intangible assets, net | 9,919 | 13,735 |
| Operating lease right-of-use assets | 7,352 | 8,518 |
| Deferred income taxes | 31,734 | 29,015 |
| Available-for-sale debt securities | 1,386 | 1,159 |
| Other assets | 8,232 | 8,503 |
| Total assets | $348,841 | $447,818 |
| Liabilities and stockholders’ equity | ||
| Current liabilities: | ||
| Accounts payable | $27,922 | $32,282 |
| Accrued expenses and other current liabilities | 57,027 | 61,678 |
| Deferred revenue | 185,795 | 167,951 |
| Operating lease liabilities | 1,876 | 2,052 |
| Total current liabilities | 272,620 | 263,963 |
| Operating lease liabilities, non-current | 6,171 | 6,966 |
| Deferred revenue | 427 | 490 |
| Other liabilities | 9,485 | 7,565 |
| Total liabilities | $288,703 | $278,984 |
| Commitments and contingencies (Note 6) | ||
| Stockholders’ equity: | ||
| Preferred stock, $0.001 par value; 100,000 shares authorized at September 30, 2024 and December 31, 2023, none issued or outstanding at September 30, 2024 and December 31, 2023 | — | — |
| Common stock, $0.001 par value; 1,000,000 shares authorized; 173,174 shares and 188,538 shares issued and outstanding at September 30, 2024 and December 31, 2023, respectively | 174 | 189 |
| Additional paid-in capital | 1,140,852 | 1,101,474 |
| Accumulated deficit | (1,079,917) | (933,061) |
| Accumulated other comprehensive (loss) income | (971) | 232 |
| Total stockholders’ equity | 60,138 | 168,834 |
| Total liabilities and stockholders’ equity | $348,841 | $447,818 |
The text of this filing, as the company filed it with the SEC, without its images or exhibits. This is not investment advice.