Honest Company Inc
For the period ended Dec 31, 2023. Filed Mar 8, 2024.
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FY2023 · Filed Mar 8, 2024
HNST$5.20+0.6%Stored close · as of Nov 10, 2026
Extracted filing text, with the paragraph anchors used by the comparison.
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Consolidated Statements of Comprehensive Loss
(in thousands, except share and per share amounts)
| For the year ended December 31, | |||
|---|---|---|---|
| 2023 | 2022 | 2021 | |
| Revenue | $344,365 | $313,651 | $318,639 |
| Cost of revenue | 243,833 | 221,336 | 209,467 |
| Gross profit | 100,532 | 92,315 | 109,172 |
| Operating expenses | |||
| Selling, general and administrative | 94,582 | 87,317 | 84,059 |
| Marketing | 36,440 | 47,782 | 54,260 |
| Restructuring | 2,205 | — | — |
| Research and development | 6,214 | 6,996 | 7,679 |
| Total operating expenses | 139,441 | 142,095 | 145,998 |
| Operating loss | (38,909) | (49,780) | (36,826) |
| Interest and other income (expense), net | (254) | 871 | (1,776) |
| Loss before provision for income taxes | (39,163) | (48,909) | (38,602) |
| Income tax provision | 75 | 110 | 77 |
| Net loss | $(39,238) | $(49,019) | $(38,679) |
| Net loss per share attributable to common stockholders: | |||
| Basic and diluted | $(0.42) | $(0.53) | $(0.43) |
| Weighted-average shares used in computing net loss per share attributable to common stockholders: | |||
| Basic and diluted | 94,516,690 | 92,201,806 | 71,126,218 |
| Other comprehensive loss | |||
| Unrealized gain (loss) on short-term investments, net of taxes | 32 | 9 | (135) |
| Comprehensive loss | $(39,206) | $(49,010) | $(38,814) |
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