ThredUp Inc
For the period ended Dec 31, 2023. Filed Mar 5, 2024.
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.
FY2023 · Filed Mar 5, 2024
TDUP$1.37+6.2%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 Statements of Operations
| Year Ended December 31, | ||
|---|---|---|
| 2023 | 2022 | |
| (in thousands, except per share amounts) | ||
| Revenue: | ||
| Consignment | $213,609 | $174,994 |
| Product | 108,413 | 113,385 |
| Total revenue | 322,022 | 288,379 |
| Cost of revenue: | ||
| Consignment | 39,732 | 37,015 |
| Product | 68,485 | 59,026 |
| Total cost of revenue | 108,217 | 96,041 |
| Gross profit | 213,805 | 192,338 |
| Operating expenses: | ||
| Operations, product and technology | 156,712 | 155,642 |
| Marketing | 66,273 | 64,369 |
| Sales, general and administrative | 62,657 | 61,814 |
| Total operating expenses | 285,642 | 281,825 |
| Operating loss | (71,837) | (89,487) |
| Interest expense | (2,239) | (805) |
| Other income (expense), net | 2,847 | (1,957) |
| Loss before provision for income taxes | (71,229) | (92,249) |
| Provision for income taxes | 19 | 35 |
| Net loss | $(71,248) | $(92,284) |
| Loss per share, basic and diluted | $(0.68) | $(0.92) |
| Weighted-average shares used in computing loss per share, basic and diluted | 104,875 | 99,817 |
The text of this filing, as the company filed it with the SEC, without its images or exhibits. This is not investment advice.