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Midas Edge

DoubleVerify Holdings Inc

For the period ended Dec 31, 2023. Filed Feb 28, 2024.

View on SEC.gov

About 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.

FY2023 · Filed Feb 28, 2024

DV$13.57+0.1%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 exhibits
Contents

Consolidated Statements of Stockholders’ Equity

​​​​​​​​​​​​​​​​​​​​​​​​​​​​
​ · ​ · ​ · ​ · ​ · ​ · ​ · ​ · ​ · ​ · ​ · ​ · ​ · ​ · ​ · ​ · ​ · ​ · ​ · ​ · ​ · ​ · ​ · Accumulated · ​ · ​ · ​
​ · ​ · ​ · ​ · ​ · ​ · ​ · ​ · ​ · ​ · ​ · ​ · ​ · ​ · ​ · ​ · ​ · ​ · ​ · ​ · ​ · ​ · ​ · Other · ​ · ​ · ​
​ · ​ · ​ · ​ · ​ · ​ · ​ · ​ · ​ · ​ · ​ · ​ · ​ · ​ · ​ · ​ · ​ · ​ · ​ · ​ · ​ · ​ · ​ · Comprehensive · ​ · ​ · ​
​ · ​ · Common Stock · ​ · Preferred Stock · ​ · ​ · ​ · ​ · ​ · ​ · Additional · ​ · ​ · ​ · ​ · Loss, · ​ · Total
​ · ​ · Shares · ​ · ​ · ​ · ​ · Shares · ​ · ​ · ​ · ​ · Treasury Stock · ​ · Paid‑in · ​ · Retained · ​ · Net of · ​ · Stockholders’
(in thousands) · Issued · Amount · Issued · Amount · Shares · Amount · Capital · Earnings · Income Taxes · Equity
Balances as of January 1, 2021​140,222​$140​61,006​$610​15,146​$(260,686)​$620,679​$54,941​$1,011​$416,695
Foreign currency translation adjustment—​——​——​—​—​—​(1,782)​(1,782)
Shares repurchased for settlement of employee tax withholdings—​——​—50​(1,802)​—​—​—​(1,802)
Issuance of common stock as consideration for acquisition684​1—​——​—​22,525​—​—​22,526
Stock-based compensation​—​​—​—​​—​—​​—​​21,887​​—​​—​​21,887
Common stock issued under employee purchase plan​15​​—​—​​—​—​​—​​404​​—​​—​​404
Common stock issued upon exercise of stock options​4,782​​5​—​​—​—​​—​​12,435​​—​​—​​12,440
Common stock issued upon vesting of restricted stock units​366​​—​—​​—​—​​—​​—​​—​​—​​—
Conversion of Series A preferred stock to common stock5,190​5(61,006)​(610)(15,146)​260,686​(260,081)​—​—​—
Issuance of common stock upon initial public offering9,977​10—​——​—​269,380​—​—​269,390
Private placement stock issuance concurrent with initial public offering​1,111​​1​—​​—​—​​—​​29,999​​—​​—​​30,000
Net income​—​​—​—​​—​—​​—​​—​​29,308​​—​​29,308
Balances as of December 31, 2021162,347​$162—​$—50​$(1,802)​$717,228​$84,249​$(771)​$799,066
Foreign currency translation adjustment—​——​——​—​—​—​(5,555)​(5,555)
Shares repurchased for settlement of employee tax withholdings—​——​—402​(10,244)​—​—​—​(10,244)
Stock-based compensation expense—​——​——​—​42,787​—​—​42,787
Common stock issued to non-employees​4​​—​—​​—​—​​—​​—​​—​​—​​—
Common stock issued upon exercise of stock options​1,518​​2​—​​—​—​​—​​5,801​​—​​—​​5,803
Common stock issued upon vesting of restricted stock units​1,488​​1​—​​—​—​​—​​(1)​​—​​—​​—
Common stock issued under employee purchase plan91​——​——​—​1,734​—​—​1,734
Treasury stock reissued upon settlement of equity awards—​——​—(421)​11,250​(11,250)​—​—​—
Net income​—​​—​—​​—​—​​—​​—​​43,268​​—​​43,268
Balances as of December 31, 2022165,448​$165—​$—31​$(796)​$756,299​$127,517​$(6,326)​$876,859
Foreign currency translation adjustment—​——​——​—​—​—​3,523​3,523
Shares repurchased for settlement of employee tax withholdings—​——​—142​(4,586)​—​—​—​(4,586)
Issuance of common stock as consideration for acquisition1,642​2—​——​—​52,935​—​—​52,937
Stock-based compensation expense—​——​——​—​60,351​—​—​60,351
Common stock issued under employee purchase plan105​——​——​—​2,723​—​—​2,723
Common stock issued upon exercise of stock options2,634​3—​——​—​10,663​—​—​10,666
Common stock issued upon vesting of restricted stock units1,339​1—​——​—​(1)​—​—​—
Treasury stock reissued upon settlement of equity awards—​——​—(151)​4,639​(4,639)​—​—​—
Net income​—​​—​—​​—​—​​—​​—​​71,466​​—​​71,466
Balances as of December 31, 2023171,168​$171—​$—22​$(743)​$878,331​$198,983​$(2,803)​$1,073,939
ContentsView on SEC.gov

The text of this filing, as the company filed it with the SEC, without its images or exhibits. This is not investment advice.