ThredUp Inc
For the period ended Dec 31, 2024. Filed Mar 3, 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 Mar 3, 2025
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 Balance Sheets
| December 31, | ||
|---|---|---|
| 2024 | 2023 | |
| (in thousands, except par value amounts) | ||
| ASSETS | ||
| Current assets: | ||
| Cash and cash equivalents | $31,851 | $54,337 |
| Marketable securities | 12,325 | 8,100 |
| Accounts receivable, net | 3,567 | 4,997 |
| Inventory | 690 | 2,824 |
| Other current assets | 8,489 | 6,001 |
| Current assets of discontinued operations | — | 17,629 |
| Total current assets | 56,922 | 93,888 |
| Operating lease right-of-use assets | 28,853 | 28,097 |
| Property and equipment, net | 68,480 | 77,822 |
| Goodwill | 10,746 | 11,215 |
| Other assets | 6,224 | 5,420 |
| Non-current assets of discontinued operations | — | 33,525 |
| Total assets | $171,225 | $249,967 |
| LIABILITIES AND STOCKHOLDERS’ EQUITY | ||
| Current liabilities: | ||
| Accounts payable | $8,326 | $3,831 |
| Accrued and other current liabilities | 29,856 | 29,416 |
| Seller payable | 15,142 | 20,830 |
| Operating lease liabilities, current | 4,345 | 4,610 |
| Current portion of long-term debt | 3,855 | 3,838 |
| Current liabilities of discontinued operations | — | 14,148 |
| Total current liabilities | 61,524 | 76,673 |
| Operating lease liabilities, non-current | 32,489 | 31,821 |
| Long-term debt, net of current portion | 18,151 | 22,006 |
| Other non-current liabilities | 2,760 | 2,122 |
| Non-current liabilities of discontinued operations | — | 13,428 |
| Total liabilities | 114,924 | 146,050 |
| Commitments and contingencies (Note 11) | ||
| Stockholders’ equity: | ||
| Class A and B common stock, $0.0001 par value; 1,120,000 shares authorized as of December 31, 2024 and 2023; 116,134 and 108,784 shares issued and outstanding as of December 31, 2024 and 2023, respectively | 11 | 11 |
| Additional paid-in capital | 612,148 | 585,156 |
| Accumulated other comprehensive income (loss) | 3 | (2,375) |
| Accumulated deficit | (555,861) | (478,875) |
| Total stockholders’ equity | 56,301 | 103,917 |
| Total liabilities and stockholders’ equity | $171,225 | $249,967 |
The text of this filing, as the company filed it with the SEC, without its images or exhibits. This is not investment advice.