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CHEGG INC

For the period ended Dec 31, 2023. Filed Feb 20, 2024.

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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 20, 2024

CHGG$0.59-2.9%Stored close · as of Nov 10, 2026

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

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Contents

Consolidated Statements of Stockholders’ Equity

Common Stock
SharesPar ValueAdditional Paid-InCapitalAccumulated Other Comprehensive LossAccumulatedDeficitTotal Stockholders’ Equity
Balances at December 31, 2020129,344$129$1,030,577$1,530$(422,601)$609,635
Cumulative-effect adjustment related to adoption of ASU 2020-06——(465,006)—86,868(378,138)
Issuance of common stock in connection with equity offering, net of offering costs10,975111,091,455——1,091,466
Equity component on conversions of 2023 notes and 2025 notes——(236,921)——(236,921)
Issuance of common stock upon conversion of 2023 notes2,9833235,518——235,521
Net proceeds from capped call related to conversions and extinguishments of 2023 notes and 2025 notes——67,770——67,770
Issuance of common stock upon exercise of stock options and ESPP413—8,885——8,885
Net share settlement of equity awards1,6402(94,423)——(94,421)
Repurchase of common stock(8,403)(8)(299,992)——(300,000)
Share-based compensation expense——111,442——111,442
Other comprehensive loss———(6,864)—(6,864)
Net loss————(1,458)(1,458)
Balances at December 31, 2021136,9521371,449,305(5,334)(337,191)1,106,917
Repurchases of common stock(12,709)(13)(323,515)——(323,528)
Issuance of common stock upon exercise of stock options and ESPP437—6,475——6,475
Net share settlement of equity awards1,7942(26,549)——(26,547)
Share-based compensation expense——138,788——138,788
Other comprehensive loss———(52,154)—(52,154)
Net income————266,638266,638
Balances at December 31, 2022126,4741261,244,504(57,488)(70,553)1,116,589
Repurchases of common stock(26,506)(26)(337,683)——(337,709)
Issuance of common stock upon exercise of stock options and ESPP51214,162——4,163
Net share settlement of equity awards2,3442(16,440)——(16,438)
Share-based compensation expense——136,787——136,787
Net proceeds from capped call related to extinguishments of 2025 notes——297——297
Other comprehensive income———22,749—22,749
Net income————18,18018,180
Balances at December 31, 2023102,824$103$1,031,627$(34,739)$(52,373)$944,618
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.