Fastly Inc
For the period ended Dec 31, 2024. Filed Feb 26, 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 Feb 26, 2025
FSLY$16.24+1.6%Stored close · as of Nov 10, 2026
Extracted filing text, with the paragraph anchors used by the comparison.
See the whole filing, with its images and exhibitsContents
Consolidated Balance Sheets
(in thousands, except share amounts)
| As of December 31, 2024 | As of December 31, 2023 | |
|---|---|---|
| ASSETS | ||
| Current assets: | ||
| Cash and cash equivalents | $286,175 | $107,921 |
| Marketable securities, current | 9,707 | 214,799 |
| Accounts receivable, net of allowance for credit losses of $8,254 and $7,054 as of December 31, 2024 and December 31, 2023, respectively | 115,988 | 120,498 |
| Prepaid expenses and other current assets | 28,325 | 20,455 |
| Total current assets | 440,195 | 463,673 |
| Property and equipment, net | 179,097 | 176,608 |
| Operating lease right-of-use assets, net | 50,433 | 55,212 |
| Goodwill | 670,356 | 670,356 |
| Intangible assets, net | 42,876 | 62,475 |
| Marketable securities, non-current | — | 6,088 |
| Other assets | 68,402 | 90,779 |
| Total assets | $1,451,359 | $1,525,191 |
| LIABILITIES AND STOCKHOLDERS’ EQUITY | ||
| Current liabilities: | ||
| Accounts payable | $6,044 | $5,611 |
| Accrued expenses | 41,622 | 61,818 |
| Finance lease liabilities, current | 2,328 | 15,684 |
| Operating lease liabilities, current | 25,155 | 24,042 |
| Other current liabilities | 29,307 | 40,539 |
| Total current liabilities | 104,456 | 147,694 |
| Long-term debt | 337,614 | 343,507 |
| Finance lease liabilities, non-current | — | 1,602 |
| Operating lease liabilities, non-current | 39,561 | 48,484 |
| Other long-term liabilities | 4,478 | 4,416 |
| Total liabilities | 486,109 | 545,703 |
| Commitments and contingencies (Note 10) | ||
| Stockholders’ equity: | ||
| Common stock, $0.00002 par value; 1,000,000,000 shares authorized as of both December 31, 2024 and 2023; 142,086,129 and 132,992,126 shares issued and outstanding at December 31, 2024 and 2023, respectively | 3 | 3 |
| Additional paid-in capital | 1,958,157 | 1,815,245 |
| Accumulated other comprehensive loss | (100) | (1,008) |
| Accumulated deficit | (992,810) | (834,752) |
| Total stockholders’ equity | 965,250 | 979,488 |
| Total liabilities and stockholders’ equity | $1,451,359 | $1,525,191 |
The text of this filing, as the company filed it with the SEC, without its images or exhibits. This is not investment advice.