Expensify Inc

For the period ended Sep 30, 2024. Filed Nov 8, 2024.

About this filing

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, 2024 · Filed Nov 8, 2024

EXFY$1.72-7.0%Stored close · as of Nov 10, 2026

Extracted filing text, with the paragraph anchors used by the comparison.

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Contents

Condensed Consolidated Statements of Changes in Stockholders’ Equity

Preferred stock · Common stock · Additional paid-in capital · Accumulated deficit · Total stockholders' equity
Shares · Amount · Shares · Amount
Balance at June 30, 2024	—	$—	88,194,690	$9	$261,309	$(147,318)	$114,000
Issuance of common stock on exercise of stock options	—	—	250,388	—	250	—	250
Vesting of early exercised stock options	—	—	—	—	94	—	94
Issuance of restricted stock units	—	—	11,666	—	18	—	18
Repurchases of early exercised stock options	—	—	(2,520)	—	—	—	—
Issuance of common stock under Matching Plan	—	—	911,645	—	896	—	896
Issuance of common stock in connection with restricted stock units vesting	—	—	206,745	—	—	—	—
Repurchase and retirement of common stock	—	—	(645,938)	—	(1,510)	—	(1,510)
Stock-based compensation	—	—	—	—	8,384	—	8,384
Net loss	—	—	—	—	—	(2,198)	(2,198)
Balance at September 30, 2024	—	$—	88,926,676	$9	$269,441	$(149,516)	$119,934

See accompanying notes to Condensed Consolidated Financial Statements.

Preferred stock · Common stock · Additional paid-in capital · Accumulated deficit · Total stockholders' equity
Shares · Amount · Shares · Amount
Balance at June 30, 2023	—	$—	82,776,491	$7	$216,422	$(116,566)	$99,863
Issuance of common stock upon exercise of stock options	—	—	97,033	—	91	—	91
Vesting of early exercised stock options	—	—	—	—	182	—	182
Issuance of restricted stock units	—	—	4,221	—	30	—	30
Repurchases of early exercised stock options	—	—	(1,328)	—	(8)	—	(8)
Issuance of common stock under Matching Plan	—	—	648,729	—	1,056	—	1,056
Issuance of common stock in connection with restricted stock units vesting	—	—	231,018	—	—	—	—
Shares withheld from common stock issued to pay employee payroll taxes	—	—	(56,936)	—	(242)	—	(242)
Stock-based compensation	—	—	—	—	11,087	—	11,087
Net loss	—	—	—	—	—	(17,003)	(17,003)
Balance at September 30, 2023	—	$—	83,699,228	$7	$228,618	$(133,569)	$95,056

See accompanying notes to Condensed Consolidated Financial Statements.

Preferred stock · Common stock · Additional paid-in capital · Accumulated deficit · Total stockholders' equity
Shares · Amount · Shares · Amount
Balance at December 31, 2023	—	$—	85,225,328	$8	$241,509	$(140,773)	$100,744
Issuance of common stock on exercise of stock options	—	—	306,917	—	303	—	303
Vesting of early exercised stock options	—	—	—	—	337	—	337
Issuance of restricted stock units	—	—	27,925	—	53	—	53
Repurchases of early exercised stock options	—	—	(32,954)	—	—	—	—
Issuance of common stock under Matching Plan	—	—	3,364,621	1	2,899	—	2,900
Issuance of common stock in connection with restricted stock units vesting	—	—	680,777	—	—	—	—
Repurchase and retirement of common stock	—	—	(645,938)	—	(1,510)	—	(1,510)
Stock-based compensation	—	—	—	—	25,850	—	25,850
Net loss	—	—	—	—	—	(8,743)	(8,743)
Balance at September 30, 2024	—	$—	88,926,676	$9	$269,441	$(149,516)	$119,934

See accompanying notes to Condensed Consolidated Financial Statements.

Preferred stock · Common stock · Additional paid-in capital · Accumulated deficit · Total stockholders' equity
Shares · Amount · Shares · Amount
Balance at December 31, 2022	—	$—	82,429,367	$7	$194,807	$(97,573)	$97,241
Issuance of common stock upon exercise of stock options	—	—	199,898	—	216	—	216
Vesting of early exercised stock options	—	—	—	—	584	—	584
Issuance of restricted stock units	—	—	9,529	—	91	—	91
Repurchase of early exercised stock options	—	—	(2,651)	—	(21)	—	(21)
Issuance of common stock under Matching Plan	—	—	1,090,571	—	3,132	—	3,132
Issuance of common stock in connection with restricted stock units vesting	—	—	738,171	—	—	—	—
Shares withheld from common stock issued to pay employee payroll taxes	—	—	(261,164)	—	(1,766)	—	(1,766)
Repurchase and retirement of common stock	—	—	(504,493)	—	(1,256)	(1,744)	(3,000)
Stock-based compensation	—	—	—	—	32,831	—	32,831
Net loss	—	—	—	—	—	(34,252)	(34,252)
Balance at September 30, 2023	—	$—	83,699,228	$7	$228,618	$(133,569)	$95,056

See accompanying notes to Condensed Consolidated Financial Statements.

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The text of this filing, as the company filed it with the SEC, without its images or exhibits. This is not investment advice.