Teads Holding Co.
For the period ended Sep 30, 2025. Filed Nov 6, 2025.
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A company's report for each of its first three quarters. The financial statements are not audited. It shows how the business has moved since the last annual report, and what management says changed.
Sep 30, 2025 · Filed Nov 6, 2025
TEAD$0.19+7.5%Stored close · as of Nov 9, 2026
Extracted filing text, with the paragraph anchors used by the comparison.
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Condensed Consolidated Balance Sheets
(In thousands, except for number of shares and par value)
| September 30, 2025 | December 31, 2024 | |
|---|---|---|
| (Unaudited) | ||
| ASSETS: | ||
| Current assets: | ||
| Cash and cash equivalents | $130,751 | $89,094 |
| Short-term investments in marketable securities | 7,501 | 77,035 |
| Accounts receivable, net of allowances | 312,282 | 149,167 |
| Prepaid expenses and other current assets | 43,175 | 27,835 |
| Total current assets | 493,709 | 343,131 |
| Non-current assets: | ||
| Property, equipment and capitalized software, net | 49,698 | 45,250 |
| Operating lease right-of-use assets, net | 24,601 | 15,047 |
| Intangible assets, net | 389,861 | 16,928 |
| Goodwill | 632,960 | 63,063 |
| Deferred tax assets | 71,312 | 40,825 |
| Indemnification asset | 27,176 | — |
| Other assets | 22,785 | 24,969 |
| TOTAL ASSETS | $1,712,102 | $549,213 |
| LIABILITIES AND STOCKHOLDERS’ EQUITY: | ||
| Current liabilities: | ||
| Accounts payable | $265,746 | $206,920 |
| Accrued compensation and benefits | 35,910 | 19,430 |
| Deferred revenue | 10,343 | 6,932 |
| Short-term debt | 17,606 | — |
| Accrued and other current liabilities | 125,867 | 56,189 |
| Total current liabilities | 455,472 | 289,471 |
| Non-current liabilities: | ||
| Long-term debt | 604,023 | — |
| Operating lease liabilities, non-current | 18,287 | 11,783 |
| Deferred tax liabilities | 62,868 | 1,554 |
| Contingent tax liabilities | 39,452 | 9,343 |
| Other liabilities | 12,665 | 5,719 |
| TOTAL LIABILITIES | $1,192,767 | $317,870 |
| Commitments and Contingencies (Note 11) | ||
| STOCKHOLDERS’ EQUITY: | ||
| Common stock, par value of $0.001 per share − one billion shares authorized; 95,647,756 shares issued and 95,469,264 shares outstanding as of September 30, 2025; 63,503,274 shares issued and 50,090,114 shares outstanding as of December 31, 2024 | 96 | 64 |
| Preferred stock, par value of $0.001 per share − 100,000,000 shares authorized, none issued and outstanding as of September 30, 2025 and December 31, 2024 | — | — |
| Additional paid-in capital | 682,282 | 484,541 |
| Treasury stock, at cost − 178,492 shares as of September 30, 2025 and 13,413,160 shares as of December 31, 2024 | (526) | (74,289) |
| Accumulated other comprehensive income (loss) | 95,822 | (9,480) |
| Accumulated deficit | (258,339) | (169,493) |
| TOTAL STOCKHOLDERS’ EQUITY | 519,335 | 231,343 |
| TOTAL LIABILITIES AND STOCKHOLDERS’ EQUITY | $1,712,102 | $549,213 |
The text of this filing, as the company filed it with the SEC, without its images or exhibits. This is not investment advice.