Cloudflare Inc
For the period ended Dec 31, 2024. Filed Feb 20, 2025.
View on SEC.govAbout this filing
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.
FY2024 · Filed Feb 20, 2025
NET$305.80+4.1%Stored close · as of Nov 10, 2026
Extracted filing text, with the paragraph anchors used by the comparison.
See the whole filing, with its images and exhibitsContents
Consolidated Statements of Stockholders' Equity
| Class A common stock · Class B common stock · Additionalpaid-incapital · Accumulateddeficit · Accumulatedothercomprehensiveincome (loss) · Totalstockholders’equity | ||||||||
|---|---|---|---|---|---|---|---|---|
| Shares · Amount · Shares · Amount | ||||||||
| Balance as of December 31, 2021 | 277,708 | $277 | 45,904 | $44 | $1,494,512 | $(680,829) | $(2,645) | $811,359 |
| Cumulative effect adjustment from adoption of ASU 2020-06 | — | — | — | — | (318,756) | 34,319 | — | (284,437) |
| Issuance of common stock in connection with acquisition | 522 | 1 | — | — | 65,504 | — | — | 65,505 |
| Issuance of restricted stock in connection with acquisition | 52 | — | — | — | — | — | — | — |
| Issuance of common stock upon exercise of stock options | 249 | — | 2,194 | 2 | 9,998 | — | — | 10,000 |
| Repurchases of unvested common stock | (1) | — | — | — | — | — | — | — |
| Issuance of common stock related to early exercised stock options | — | — | 41 | — | — | — | — | — |
| Vesting of shares issued upon early exercise of stock options | — | — | — | 1 | 2,861 | — | — | 2,862 |
| Issuance of common stock related to settlement of RSUs | 1,723 | 2 | 1,125 | 1 | (3) | — | — | — |
| Tax withholding on RSU settlement | — | — | (32) | — | (2,483) | — | — | (2,483) |
| Conversion of Class B to Class A Common stock | 5,707 | 6 | (5,707) | (6) | — | — | — | — |
| Common stock issued under employee stock purchase plan | 302 | — | — | — | 15,291 | — | — | 15,291 |
| Settlement of common stock in connection with convertible senior notes | 299 | — | — | — | (201) | — | — | (201) |
| Stock-based compensation | — | — | — | — | 208,700 | — | — | 208,700 |
| Net loss | — | — | — | — | — | (193,381) | — | (193,381) |
| Other comprehensive loss | — | — | — | — | — | — | (9,251) | (9,251) |
| Balance as of December 31, 2022 | 286,561 | 286 | 43,525 | 42 | 1,475,423 | (839,891) | (11,896) | 623,964 |
| Issuance of common stock upon exercise of stock options | 448 | — | 2,541 | 3 | 14,848 | — | — | 14,851 |
| Repurchases of unvested common stock | (17) | — | — | — | — | — | — | — |
| Vesting of shares issued upon early exercise of stock options | — | — | — | 1 | 1,760 | — | — | 1,761 |
| Issuance of common stock related to settlement of RSUs | 3,291 | 3 | 398 | 1 | (4) | — | — | — |
| Tax withholding on RSU settlement | (105) | — | (18) | — | (7,953) | — | — | (7,953) |
| Conversion of Class B to Class A Common stock | 7,003 | 7 | (7,003) | (7) | — | — | — | — |
| Common stock issued under employee stock purchase plan | 447 | 1 | — | — | 19,082 | — | — | 19,083 |
| Settlement of common stock in connection with convertible senior notes | 461 | — | — | — | 46 | — | — | 46 |
| Stock-based compensation | — | — | — | — | 281,364 | — | — | 281,364 |
| Net loss | — | — | — | — | — | (183,949) | — | (183,949) |
| Other comprehensive income | — | — | — | — | — | — | 13,880 | 13,880 |
| Balance as of December 31, 2023 | 298,089 | 297 | 39,443 | 40 | 1,784,566 | (1,023,840) | 1,984 | 763,047 |
| Issuance of common stock upon exercise of stock options | 247 | — | 2,735 | 3 | 12,902 | — | — | 12,905 |
| Issuance of common stock related to early exercised stock options | — | — | 2 | — | — | — | — | — |
| Vesting of shares issued upon early exercise of stock options | — | — | — | — | 109 | — | — | 109 |
| Issuance of common stock related to settlement of RSUs and PSUs | 4,208 | 4 | — | — | (4) | — | — | — |
| Tax withholding on RSU settlement | (195) | — | — | — | (16,774) | — | — | (16,774) |
| Conversion of Class B to Class A Common stock | 5,217 | 6 | (5,217) | (6) | — | — | — | — |
| Common stock issued under employee stock purchase plan | 326 | — | — | — | 19,796 | — | — | 19,796 |
| Other | — | — | — | — | 1,689 | — | — | 1,689 |
| Stock-based compensation | — | — | — | — | 350,466 | — | — | 350,466 |
| Net loss | — | — | — | — | — | (78,800) | — | (78,800) |
| Other comprehensive loss | — | — | — | — | — | — | (6,237) | (6,237) |
|---|---|---|---|---|---|---|---|---|
| Balance as of December 31, 2024 | 307,892 | $307 | 36,963 | $37 | $2,152,750 | $(1,102,640) | $(4,253) | $1,046,201 |
The text of this filing, as the company filed it with the SEC, without its images or exhibits. This is not investment advice.