ThredUp Inc
For the period ended Dec 31, 2024. Filed Mar 3, 2025.
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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.
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Consolidated Statements of Operations
| Year Ended December 31, | ||
|---|---|---|
| 2024 | 2023 | |
| (in thousands, except per share amounts) | ||
| Revenue: | ||
| Consignment | $246,186 | $213,093 |
| Product | 13,845 | 45,411 |
| Total revenue | 260,031 | 258,504 |
| Cost of revenue: | ||
| Consignment | 45,599 | 39,732 |
| Product | 7,307 | 20,304 |
| Total cost of revenue | 52,906 | 60,036 |
| Gross profit | 207,125 | 198,468 |
| Operating expenses: | ||
| Operations, product and technology | 142,210 | 143,339 |
| Marketing | 48,639 | 51,388 |
| Sales, general and administrative | 56,895 | 56,739 |
| Total operating expenses | 247,744 | 251,466 |
| Operating loss | (40,619) | (52,998) |
| Interest expense | (2,525) | (2,239) |
| Other income, net | 3,174 | 2,900 |
| Loss before provision for income taxes | (39,970) | (52,337) |
| Provision for income taxes | 29 | 19 |
| Loss from continuing operations | (39,999) | (52,356) |
| Loss from discontinued operations, net of tax | (36,987) | (18,892) |
| Net loss | $(76,986) | $(71,248) |
| Weighted-average shares used to compute loss per share, basic and diluted | 111,960 | 104,875 |
| Loss from continuing operations per share, basic and diluted | $(0.36) | $(0.50) |
| Loss from discontinued operations per share, basic and diluted | (0.33) | (0.18) |
| Total loss per share, basic and diluted | $(0.69) | $(0.68) |
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