Five9 Inc
For the period ended Dec 31, 2023. Filed Feb 22, 2024.
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FY2023 · Filed Feb 22, 2024
Extracted filing text, with the paragraph anchors used by the comparison.
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Consolidated Statements of Stockholders' Equity
(In thousands)
| Common Stock · Additional Paid-In Capital · Accumulated Other Comprehensive Income (Loss) · Accumulated Deficit · Total Stockholders’ Equity | ||||||
|---|---|---|---|---|---|---|
| Shares · Amount | ||||||
| Balance as of December 31, 2020 | 66,496 | $67 | $476,941 | $335 | $(198,179) | $279,164 |
| Cumulative effect adjustment due to adoption of ASU 2020-06(1) | — | — | (168,412) | — | 22,743 | (145,669) |
| Issuance of common stock upon partial conversion of the 2023 convertible senior notes | 454 | — | (353) | — | — | (353) |
| Partial unwind of capped calls and retirement of common stock related to the 2023 convertible senior notes | (69) | — | 9 | — | — | 9 |
| Issuance of common stock upon exercise of stock options | 389 | — | 7,402 | — | — | 7,402 |
| Issuance of common stock upon vesting of restricted stock units | 1,097 | 1 | (2) | — | — | (1) |
| Issuance of common stock under ESPP | 121 | — | 15,397 | — | — | 15,397 |
| Stock-based compensation | — | — | 108,805 | — | — | 108,805 |
| Other comprehensive loss | — | — | — | (622) | — | (622) |
| Net loss | — | — | — | — | (53,000) | (53,000) |
| Balance as of December 31, 2021 | 68,488 | 68 | 439,787 | (287) | (228,436) | 211,132 |
| Issuance of common stock upon partial conversion of the 2023 convertible senior notes | 574 | 1 | (281) | — | — | (280) |
| Partial unwind of capped calls and retirement of common stock related to the 2023 convertible senior notes | (119) | — | 10 | — | — | 10 |
| Issuance of common stock upon exercise of stock options | 531 | 1 | 8,521 | — | — | 8,522 |
| Issuance of common stock upon vesting of restricted stock units | 1,383 | 1 | — | — | — | 1 |
| Issuance of common stock under ESPP | 190 | — | 13,413 | — | — | 13,413 |
| Stock-based compensation | — | — | 174,218 | — | — | 174,218 |
| Other comprehensive loss | — | — | — | (2,401) | — | (2,401) |
| Net loss | — | — | — | — | (94,650) | (94,650) |
| Balance as of December 31, 2022 | 71,047 | 71 | 635,668 | (2,688) | (323,086) | 309,965 |
| Issuance of common stock upon partial conversion of the 2023 convertible senior notes | 2 | — | — | — | — | — |
| Settlement at maturity of the outstanding capped calls and retirement of common stock related to the 2023 convertible senior notes | (371) | — | 74,453 | — | — | 74,453 |
| Issuance of common stock upon exercise of stock options | 491 | — | 9,127 | — | — | 9,127 |
| Issuance of common stock upon vesting of restricted stock units | 1,844 | 2 | (2) | — | — | — |
| Shares held for tax withholdings | (40) | — | (3,270) | — | — | (3,270) |
| Issuance of common stock under ESPP | 344 | — | 15,927 | — | — | 15,927 |
| Stock-based compensation | — | — | 210,377 | — | — | 210,377 |
| Other comprehensive income | — | — | — | 3,270 | — | 3,270 |
| Net loss | — | — | — | — | (81,764) | (81,764) |
| Balance as of December 31, 2023 | 73,317 | $73 | $942,280 | $582 | $(404,850) | $538,085 |
(1)Effective January 1, 2021, the Company adopted ASU 2020-06. Accordingly, the Company recorded a net reduction to opening accumulated deficit of $22.7 million and a net reduction to opening additional paid-in capital of $168.4 million as of January 1, 2021 due to the cumulative impact of adopting this new standard.
The text of this filing, as the company filed it with the SEC, without its images or exhibits. This is not investment advice.