TRUPANION INC
For the period ended Dec 31, 2024. Filed Feb 27, 2025.
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FY2024 · Filed Feb 27, 2025
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, | ||
| 2024 | 2023 | |
| Assets | ||
| Current assets: | ||
| Cash and cash equivalents | $160,295 | $147,501 |
| Short-term investments | 147,089 | 129,667 |
| Accounts and other receivables, net of allowance for credit losses of $1,117 at December 31, 2024 and $1,085 at December 31, 2023 | 274,031 | 267,899 |
| Prepaid expenses and other assets | 15,912 | 17,022 |
| Total current assets | 597,327 | 562,089 |
| Restricted cash | 39,235 | 22,963 |
| Long-term investments | 373 | 12,866 |
| Property, equipment, and internal-use software, net | 102,191 | 103,650 |
| Intangible assets, net | 13,177 | 18,745 |
| Other long-term assets | 17,579 | 18,922 |
| Goodwill | 36,971 | 43,713 |
| Total assets | $806,853 | $782,948 |
| Liabilities and stockholders’ equity | ||
| Current liabilities: | ||
| Accounts payable | $11,532 | $10,505 |
| Accrued liabilities and other current liabilities | 33,469 | 34,052 |
| Reserve for veterinary invoices | 51,635 | 63,238 |
| Deferred revenue | 251,640 | 235,329 |
| Long-term debt - current portion | 1,350 | 1,350 |
| Total current liabilities | 349,626 | 344,474 |
| Long-term debt | 127,537 | 127,580 |
| Deferred tax liabilities | 1,946 | 2,685 |
| Other liabilities | 4,476 | 4,487 |
| Total liabilities | 483,585 | 479,226 |
| Stockholders’ equity: | ||
| Common stock: $0.00001 par value per share, 100,000,000 shares authorized; 43,516,631 and 42,488,445 shares issued and outstanding at December 31, 2024 and 42,887,052 and 41,858,866 shares issued and outstanding at December 31, 2023 | — | — |
| Preferred stock: $0.00001 par value per share, 10,000,000 shares authorized; no shares issued and outstanding | — | — |
| Additional paid-in capital | 568,302 | 536,108 |
| Accumulated other comprehensive income (loss) | (2,612) | 403 |
| Accumulated deficit | (225,888) | (216,255) |
| Treasury stock, at cost: 1,028,186 shares at December 31, 2024 and 2023 | (16,534) | (16,534) |
| Total stockholders’ equity | 323,268 | 303,722 |
| Total liabilities and stockholders’ equity | $806,853 | $782,948 |
The text of this filing, as the company filed it with the SEC, without its images or exhibits. This is not investment advice.