TRUPANION INC
For the period ended Dec 31, 2023. Filed Feb 27, 2024.
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FY2023 · Filed Feb 27, 2024
TRUP$35.50-3.4%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
| Trupanion, Inc. Consolidated Balance Sheets(in thousands, except share data) | ||
|---|---|---|
| December 31, | ||
| 2023 | 2022 | |
| Assets | ||
| Current assets: | ||
| Cash and cash equivalents | $147,501 | $65,605 |
| Short-term investments | 129,667 | 156,804 |
| Accounts and other receivables, net of allowance for credit loss of $1,085 at December 31, 2023 and $540 at December 31, 2022 | 267,899 | 232,439 |
| Prepaid expenses and other assets | 17,022 | 14,248 |
| Total current assets | 562,089 | 469,096 |
| Restricted cash | 22,963 | 19,032 |
| Long-term investments | 12,866 | 7,841 |
| Property, equipment, and internal-use software, net | 103,650 | 90,701 |
| Intangible assets, net | 18,745 | 24,031 |
| Other long-term assets | 18,922 | 18,943 |
| Goodwill | 43,713 | 41,983 |
| Total assets | $782,948 | $671,627 |
| Liabilities and stockholders’ equity | ||
| Current liabilities: | ||
| Accounts payable | $10,505 | $9,471 |
| Accrued liabilities and other current liabilities | 34,052 | 32,616 |
| Reserve for veterinary invoices | 63,238 | 43,734 |
| Deferred revenue | 235,329 | 202,692 |
| Long-term debt - current portion | 1,350 | 1,103 |
| Total current liabilities | 344,474 | 289,616 |
| Long-term debt | 127,580 | 68,354 |
| Deferred tax liabilities | 2,685 | 3,392 |
| Other liabilities | 4,487 | 4,968 |
| Total liabilities | 479,226 | 366,330 |
| Stockholders’ equity: | ||
| Common stock: $0.00001 par value per share, 100,000,000 shares authorized; 42,887,052 and 41,858,866 shares issued and outstanding at December 31, 2023 and 42,041,344 and 41,013,158 shares issued and outstanding at December 31, 2022 | — | — |
| Preferred stock: $0.00001 par value per share, 10,000,000 shares authorized; no shares issued and outstanding | — | — |
| Additional paid-in capital | 536,108 | 499,694 |
| Accumulated other comprehensive income (loss) | 403 | (6,301) |
| Accumulated deficit | (216,255) | (171,562) |
| Treasury stock, at cost: 1,028,186 shares at December 31, 2023 and 2022 | (16,534) | (16,534) |
| Total stockholders’ equity | 303,722 | 305,297 |
| Total liabilities and stockholders’ equity | $782,948 | $671,627 |
The text of this filing, as the company filed it with the SEC, without its images or exhibits. This is not investment advice.