LendingTree Inc
For the period ended Dec 31, 2023. Filed Feb 29, 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 29, 2024
TREE$36.49-1.4%Stored close · as of Nov 9, 2026
Extracted filing text, with the paragraph anchors used by the comparison.
See the whole filing, with its images and exhibitsContents
Consolidated Balance Sheets
| December 31, 2023 | December 31, 2022 | |
|---|---|---|
| (in thousands, except par valueand share amounts) | ||
| ASSETS: | ||
| Cash and cash equivalents | $112,051 | $298,845 |
| Restricted cash and cash equivalents | 5 | 124 |
| Accounts receivable (net of allowance of $2,222 and $2,317, respectively) | 54,954 | 83,060 |
| Prepaid and other current assets | 29,472 | 26,250 |
| Assets held for sale (Note 9) | — | 5,689 |
| Total current assets | 196,482 | 413,968 |
| Property and equipment (net of accumulated depreciation of $36,827 and $33,851, respectively) | 50,481 | 59,160 |
| Operating lease right-of-use assets | 57,222 | 67,050 |
| Goodwill | 381,539 | 420,139 |
| Intangible assets, net | 50,620 | 58,315 |
| Equity investments (Note 8) | 60,076 | 174,580 |
| Other non-current assets | 6,339 | 6,101 |
| Total assets | $802,759 | $1,199,313 |
| LIABILITIES: | ||
| Current portion of long-term debt | $3,125 | $2,500 |
| Accounts payable, trade | 1,960 | 2,030 |
| Accrued expenses and other current liabilities | 70,544 | 75,095 |
| Liabilities held for sale (Note 9) | — | 2,909 |
| Total current liabilities | 75,629 | 82,534 |
| Long-term debt | 525,617 | 813,516 |
| Operating lease liabilities | 75,023 | 88,232 |
| Deferred income tax liabilities | 2,091 | 6,783 |
| Other non-current liabilities | 267 | 308 |
| Total liabilities | 678,627 | 991,373 |
| Commitments and contingencies (Notes 16 and 17) | ||
| SHAREHOLDERS' EQUITY: | ||
| Preferred stock $.01 par value; 5,000,000 shares authorized; none issued or outstanding | — | — |
| Common stock $.01 par value; 50,000,000 shares authorized; 16,396,911 and 16,167,184 shares issued, respectively, and 13,041,445 and 12,811,718 shares outstanding, respectively | 164 | 162 |
| Additional paid-in capital | 1,227,849 | 1,189,255 |
| Accumulated deficit | (837,703) | (715,299) |
| Treasury stock; 3,355,466 and 3,355,466 shares, respectively | (266,178) | (266,178) |
| Total shareholders' equity | 124,132 | 207,940 |
| Total liabilities and shareholders' equity | $802,759 | $1,199,313 |
The text of this filing, as the company filed it with the SEC, without its images or exhibits. This is not investment advice.