GoPro Inc
For the period ended Sep 30, 2024. Filed Nov 7, 2024.
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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 7, 2024
GPRO$0.84-4.3%Stored close · as of Nov 10, 2026
Extracted filing text, with the paragraph anchors used by the comparison.
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Condensed Consolidated Statements of Cash Flows
| Nine months ended September 30, | ||
|---|---|---|
| (in thousands) | 2024 | 2023 |
| Operating activities: | ||
| Net loss | $(395,120) | $(50,765) |
| Adjustments to reconcile net loss to net cash used in operating activities: | ||
| Depreciation and amortization | 4,711 | 5,001 |
| Non-cash operating lease cost | (285) | 2,133 |
| Stock-based compensation | 23,933 | 31,448 |
| Deferred income taxes | 296,759 | (17,964) |
| Impairment of right-of-use assets | 3,276 | — |
| Other | (627) | (1,968) |
| Changes in operating assets and liabilities: | ||
| Accounts receivable, net | (41,746) | (30,630) |
| Inventory | (48,993) | (27,745) |
| Prepaid expenses and other assets | (4,650) | (6,895) |
| Accounts payable and other liabilities | 64,807 | 25,712 |
| Deferred revenue | (2,107) | (4,919) |
| Net cash used in operating activities | (100,042) | (76,592) |
| Investing activities: | ||
| Purchases of property and equipment, net | (3,623) | (985) |
| Purchases of marketable securities | — | (25,782) |
| Maturities of marketable securities | 24,000 | 134,204 |
| Acquisition, net of cash acquired | (12,308) | — |
| Net cash provided by investing activities | 8,069 | 107,437 |
| Financing activities: | ||
| Proceeds from issuance of common stock | 2,150 | 3,876 |
| Taxes paid related to net share settlement of equity awards | (2,847) | (7,146) |
| Repurchase of outstanding common stock | — | (30,000) |
| Net cash used in financing activities | (697) | (33,270) |
| Effect of exchange rate changes on cash and cash equivalents | 157 | (326) |
| Net change in cash and cash equivalents | (92,513) | (2,751) |
| Cash and cash equivalents at beginning of period | 222,708 | 223,735 |
| Cash and cash equivalents at end of period | $130,195 | $220,984 |
| Non-cash investing and financing activities: | ||
| Receipt of equity from asset sale | $999 | $— |
The text of this filing, as the company filed it with the SEC, without its images or exhibits. This is not investment advice.