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$4.71-2.9%Stored close · as of Nov 10, 2026
Extracted filing text, with the paragraph anchors used by the comparison.
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Condensed Consolidated Statements of Cash Flows
Unaudited Condensed Consolidated Statements of Cash Flows
| Nine Months Ended September 30, | ||
|---|---|---|
| 2024 | 2023 | |
| Cash flows from operating activities | ||
| Net income | $17,109 | $6,571 |
| Adjustments to reconcile net income to net cash provided by operating activities: | ||
| Depreciation and amortization | 25,291 | 18,061 |
| Amortization of right-of-use assets | 1,848 | 2,011 |
| Amortization of debt issuance costs | 170 | 170 |
| Stock-based compensation | 49,486 | 51,005 |
| Deferred income taxes | (741) | 10,818 |
| Change in fair value of contingent consideration | — | (836) |
| Unrealized foreign exchange (gain) loss | (1,277) | (179) |
| Other | 49 | (39) |
| Changes in operating assets and liabilities: | ||
| Accounts receivable | 220 | (946) |
| Prepaid expenses and other current assets | (5,321) | (785) |
| Other assets | 58 | 345 |
| Accounts payable | (3,736) | 5,992 |
| Accrued expenses and other liabilities | (6,175) | (992) |
| Operating lease liabilities | (1,654) | (1,723) |
| Income tax payable | (52) | 16 |
| Deferred revenue | 17,778 | 12,325 |
| Net cash provided by operating activities | 93,053 | 101,814 |
| Cash flows from investing activities | ||
| Purchase of property and equipment | (28,989) | (23,220) |
| Other | — | 38 |
| Net cash used in investing activities | (28,989) | (23,182) |
| Cash flows from financing activities | ||
| Repayment of capital lease obligations | (19) | (27) |
| Repurchase of common stock | (161,959) | (54,873) |
| Shares surrendered for settlement of minimum statutory tax withholding | (17,216) | (6,353) |
| Proceeds from issuance of stock under employee stock plans | 1,862 | 5,690 |
| Net cash used in financing activities | (177,332) | (55,563) |
| Effect of exchange rate changes on cash and cash equivalents | 26 | (4) |
| Net (decrease) increase in cash and cash equivalents | (113,242) | 23,065 |
| Cash and cash equivalents, at beginning of the period | 225,719 | 189,082 |
| Cash and cash equivalents, at end of the period | $112,477 | $212,147 |
| Non-cash operating, investing, and financing activities: | ||
| Accrued stock repurchase excise tax | $1,295 | $292 |
| Receivable from issuance of stock under employee stock plans | — | 295 |
| Accrued stock repurchase costs | 754 | — |
| Purchase of property and equipment included in accounts payable and accrued expenses and other current liabilities | 1,971 | 1,548 |
| Capitalized stock-based compensation | 4,580 | 3,039 |
| Right-of-use assets under operating leases | 682 | — |
The text of this filing, as the company filed it with the SEC, without its images or exhibits. This is not investment advice.