GoPro, Inc.
For the period ended Jun 30, 2026. Filed Aug 10, 2026.
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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.
Jun 30, 2026 · Filed Aug 10, 2026
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
| Six months ended June 30, | ||
|---|---|---|
| (in thousands) | 2026 | 2025 |
| Operating activities: | ||
| Net loss | $(131,825) | $(63,131) |
| Adjustments to reconcile net loss to net cash used in operating activities: | ||
| Depreciation and amortization | 3,578 | 3,416 |
| Non-cash operating lease cost | 2,720 | 1,153 |
| Stock-based compensation | 7,054 | 10,486 |
| Goodwill impairment | — | 18,600 |
| Deferred income taxes, net | 581 | (130) |
| Non-cash interest expense | 5,682 | — |
| Loss on extinguishment of debt | 8,870 | — |
| Gain on sale of intellectual property | (1,200) | — |
| Derivative expense | 7,552 | — |
| Changes in fair value of derivative liabilities | 10,441 | — |
| Other | (2,117) | 284 |
| Changes in operating assets and liabilities: | ||
| Accounts receivable, net | 33,129 | 2,681 |
| Inventory | (8,314) | 36,234 |
| Prepaid expenses and other assets | (20,435) | 1,723 |
| Accounts payable and other liabilities | 39,385 | (55,867) |
| Deferred revenue | (2,503) | (3,883) |
| Net cash used in operating activities | (47,402) | (48,434) |
| Investing activities: | ||
| Purchases of property and equipment, net | (2,063) | (1,783) |
| Proceeds from the sale and license of intellectual property | 1,200 | — |
| Net cash used in investing activities | (863) | (1,783) |
| Financing activities: | ||
| Proceeds from issuance of common stock | 303 | 374 |
| Taxes paid related to net share settlement of equity awards | (1,743) | (624) |
| Proceeds from borrowings | 30,250 | 25,000 |
| Repayments of borrowings | (1,850) | (20,000) |
| Payment of debt issuance costs | (941) | — |
| Net cash provided by financing activities | 26,019 | 4,750 |
| Effect of exchange rate changes on cash and cash equivalents | (163) | 1,227 |
| Net change in cash and cash equivalents | (22,409) | (44,240) |
| Cash and cash equivalents at beginning of period | 49,674 | 102,811 |
| Cash and cash equivalents at end of period | $27,265 | $58,571 |
| Six months ended June 30, | ||
|---|---|---|
| (in thousands) | 2026 | 2025 |
| Non-cash investing and financing activities: | ||
| Non-cash consideration related to debt extinguishment | $8,731 | $— |
| Debt extinguished in non-cash refinancing | $44,745 | $— |
| Debt issued in non-cash refinancing | $44,884 | $— |
| Debt discount related to derivative liability | $23,309 | $— |
| Conversion of Convertible Debentures to common stock | $17,111 | $— |
The text of this filing, as the company filed it with the SEC, without its images or exhibits. This is not investment advice.