Fastly Inc
For the period ended Dec 31, 2023. Filed Feb 22, 2024.
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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 Feb 22, 2024
FSLY$16.24+1.6%Stored close · as of Nov 10, 2026
Extracted filing text, with the paragraph anchors used by the comparison.
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Consolidated Balance Sheets
(in thousands, except share amounts)
| As of December 31, 2023 | As of December 31, 2022 | |
|---|---|---|
| ASSETS | ||
| Current assets: | ||
| Cash and cash equivalents | $107,921 | $143,391 |
| Marketable securities, current | 214,799 | 374,581 |
| Accounts receivable, net of allowance for credit losses of $7,054 and $5,029 as of December 31, 2023 and December 31, 2022, respectively | 120,498 | 89,578 |
| Prepaid expenses and other current assets | 20,455 | 28,933 |
| Total current assets | 463,673 | 636,483 |
| Property and equipment, net | 176,608 | 180,378 |
| Operating lease right-of-use assets, net | 55,212 | 68,440 |
| Goodwill | 670,356 | 670,185 |
| Intangible assets, net | 62,475 | 82,900 |
| Marketable securities, non-current | 6,088 | 165,105 |
| Other assets | 90,779 | 92,622 |
| Total assets | $1,525,191 | $1,896,113 |
| LIABILITIES AND STOCKHOLDERS’ EQUITY | ||
| Current liabilities: | ||
| Accounts payable | $5,611 | $4,786 |
| Accrued expenses | 61,818 | 61,161 |
| Finance lease liabilities, current | 15,684 | 28,954 |
| Operating lease liabilities, current | 24,042 | 23,026 |
| Other current liabilities | 40,539 | 34,394 |
| Total current liabilities | 147,694 | 152,321 |
| Long-term debt | 343,507 | 704,710 |
| Finance lease liabilities, non-current | 1,602 | 15,507 |
| Operating lease liabilities, non-current | 48,484 | 61,341 |
| Other long-term liabilities | 4,416 | 7,076 |
| Total liabilities | 545,703 | 940,955 |
| Commitments and contingencies (Note 10) | ||
| Stockholders’ equity: | ||
| Class A Common stock, $0.00002 par value; 1,000,000,000 shares authorized as of both December 31, 2023 and 2022; 132,992,126 and 124,336,171 shares issued and outstanding at December 31, 2023 and 2022, respectively | 3 | 2 |
| Additional paid-in capital | 1,815,245 | 1,666,106 |
| Accumulated other comprehensive loss | (1,008) | (9,286) |
| Accumulated deficit | (834,752) | (701,664) |
| Total stockholders’ equity | 979,488 | 955,158 |
| Total liabilities and stockholders’ equity | $1,525,191 | $1,896,113 |
The text of this filing, as the company filed it with the SEC, without its images or exhibits. This is not investment advice.