CHEGG INC
For the period ended Dec 31, 2024. Filed Feb 24, 2025.
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FY2024 · Filed Feb 24, 2025
CHGG$0.61-0.9%Stored close · as of Nov 9, 2026
Extracted filing text, with the paragraph anchors used by the comparison.
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Consolidated Balance Sheets
(in thousands, except for number of shares and par value)
| December 31, | ||
|---|---|---|
| 2024 | 2023 | |
| Assets | ||
| Current assets | ||
| Cash and cash equivalents | $161,475 | $135,757 |
| Short-term investments | 154,249 | 194,257 |
| Accounts receivable, net of allowance of $190 and $376 at December 31, 2024 and December 31, 2023, respectively | 23,641 | 31,404 |
| Prepaid expenses | 17,100 | 20,980 |
| Other current assets | 81,094 | 32,437 |
| Total current assets | 437,559 | 414,835 |
| Long-term investments | 212,650 | 249,547 |
| Property and equipment, net | 170,648 | 183,073 |
| Goodwill, net | — | 631,995 |
| Intangible assets, net | 10,347 | 52,430 |
| Right of use assets | 22,256 | 25,130 |
| Deferred tax assets, net | 964 | 141,843 |
| Other assets | 14,527 | 28,382 |
| Total assets | $868,951 | $1,727,235 |
| Liabilities and stockholders’ equity | ||
| Current liabilities | ||
| Accounts payable | $15,159 | $28,184 |
| Deferred revenue | 39,217 | 55,336 |
| Accrued liabilities | 115,360 | 77,863 |
| Current portion of convertible senior notes, net | 358,605 | 357,079 |
| Total current liabilities | 528,341 | 518,462 |
| Long-term liabilities | ||
| Convertible senior notes, net | 127,344 | 242,758 |
| Long-term operating lease liabilities | 18,509 | 18,063 |
| Other long-term liabilities | 1,776 | 3,334 |
| Total long-term liabilities | 147,629 | 264,155 |
| Total liabilities | 675,970 | 782,617 |
| Commitments and contingencies (Note 10) | ||
| Stockholders’ equity: | ||
| Preferred stock, $0.001 par value – 10,000,000 shares authorized, no shares issued and outstanding at December 31, 2024 and December 31, 2023 | — | — |
| Common stock, $0.001 par value – 400,000,000 shares authorized; 104,880,048 and 102,823,700 shares issued and outstanding at December 31, 2024 and December 31, 2023, respectively | 105 | 103 |
| Additional paid-in capital | 1,114,550 | 1,031,627 |
| Accumulated other comprehensive loss | (32,233) | (34,739) |
| Accumulated deficit | (889,441) | (52,373) |
| Total stockholders’ equity | 192,981 | 944,618 |
| Total liabilities and stockholders’ equity | $868,951 | $1,727,235 |
The text of this filing, as the company filed it with the SEC, without its images or exhibits. This is not investment advice.