Roblox Corp
For the period ended Dec 31, 2023. Filed Feb 21, 2024.
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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 21, 2024
RBLX$51.19-0.8%Stored close · as of Nov 10, 2026
Extracted filing text, with the paragraph anchors used by the comparison.
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Item 8. Consolidated Statements of Cash Flows
CONSOLIDATED STATEMENTS OF CASH FLOWS
| Twelve Months Ended December 31, | |||
|---|---|---|---|
| 2023 | 2022 | 2021 | |
| Cash flows from operating activities: | |||
| Consolidated net loss | $(1,158,937) | $(934,141) | $(503,480) |
| Adjustments to reconcile net loss including noncontrolling interests to net cash and cash equivalents provided by operations: | |||
| Depreciation and amortization | 208,142 | 130,083 | 75,622 |
| Stock-based compensation expense | 867,967 | 589,498 | 341,942 |
| Operating lease non-cash expense | 97,063 | 69,100 | 43,794 |
| (Accretion)/amortization on marketable securities, net | (73,162) | — | — |
| Amortization of debt issuance costs | 1,316 | 1,261 | 216 |
| Impairment expense, (gain)/loss on investment and other asset sales, and other, net | 8,969 | 361 | 680 |
| Changes in operating assets and liabilities, net of effect of acquisitions: | |||
| Accounts receivable | (126,172) | (72,479) | (61,044) |
| Accounts payable | (3,475) | 10,302 | 23,369 |
| Prepaid expenses and other current assets | (12,770) | (33,769) | (13,593) |
| Other assets | (5,961) | (1,221) | (1,367) |
| Developer exchange liability | 83,162 | 67,798 | 82,994 |
| Accrued expenses and other current liabilities | 8,680 | 19,560 | 58,809 |
| Other long-term liability | 11,397 | 10,159 | (1,189) |
| Operating lease liabilities | (50,454) | (47,875) | (34,743) |
| Deferred revenue | 742,294 | 662,378 | 819,927 |
| Deferred cost of revenue | (139,879) | (101,719) | (172,828) |
| Net cash and cash equivalents provided by operating activities | 458,180 | 369,296 | 659,109 |
| Cash flows from investing activities: | |||
| Acquisition of property and equipment | (320,667) | (426,163) | (93,273) |
| Payments related to business combination, net of cash acquired | (3,859) | (13,388) | (45,692) |
| Purchases of intangible assets | (13,500) | (1,500) | (7,856) |
| Purchases of investments | (4,591,974) | — | — |
| Maturities of investments | 1,642,719 | — | — |
| Sales of investments | 462,182 | — | — |
| Net cash and cash equivalents used in investing activities | (2,825,099) | (441,051) | (146,821) |
| Cash flows from financing activities: | |||
| Proceeds from issuance of common stock | 53,226 | 45,752 | 76,177 |
| Net proceeds from issuance of preferred stock | — | — | 534,286 |
| Payment of withholding taxes related to net share settlement of restricted stock units | — | (150) | — |
| Proceeds from debt issuances | 14,700 | — | 990,000 |
| Payment of debt issuance costs | — | (154) | (2,339) |
| Payments related to business combination, after acquisition date | (750) | (150) | — |
| Other financing activities | — | (1,656) | — |
| Net cash and cash equivalents provided by financing activities | 67,176 | 43,642 | 1,598,124 |
| Effect of exchange rate changes on cash and cash equivalents | 735 | 1,287 | (55) |
| Net increase/(decrease) in cash and cash equivalents | (2,299,008) | (26,826) | 2,110,357 |
| Cash and cash equivalents | |||
| Beginning of year | 2,977,474 | 3,004,300 | 893,943 |
| End of year | $678,466 | $2,977,474 | $3,004,300 |
| Supplemental disclosure of cash flow information: | |||
| Cash paid for interest | $38,750 | $38,965 | — |
| Cash paid for income taxes, net | $3,145 | $953 | — |
| Supplemental disclosure of noncash investing and financing activities: | |||
| Property and equipment additions in accounts payable and accrued expenses and other current liabilities | $31,340 | $57,199 | $50,388 |
| Intangible asset purchases in accounts payable | $1,200 | — | — |
| Fair value of unregistered restricted stock awards issued as consideration for a business combination | — | $10,138 | $31,274 |
| Conversion of convertible preferred stock to common stock upon direct listing | — | — | $879,113 |
| Unpaid debt issuance costs | — | — | $154 |
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