TheRealReal Inc
For the period ended Dec 31, 2023. Filed Mar 1, 2024.
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.
FY2023 · Filed Mar 1, 2024
REAL$14.91+1.8%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
Balance Sheets as of December 31, 202 and
Balance Sheets
(In thousands, except share and per share data)
| December 31, 2023 | December 31, 2022 | |
|---|---|---|
| Assets | ||
| Current assets | ||
| Cash and cash equivalents | $175,709 | $293,793 |
| Accounts receivable | 17,226 | 12,207 |
| Inventory, net | 22,246 | 42,967 |
| Prepaid expenses and other current assets | 20,766 | 23,291 |
| Total current assets | 235,947 | 372,258 |
| Property and equipment, net | 104,087 | 112,679 |
| Operating lease right-of-use assets | 86,348 | 127,955 |
| Restricted cash | 14,914 | — |
| Other assets | 5,627 | 2,749 |
| Total assets | $446,923 | $615,641 |
| Liabilities and Stockholders’ Deficit | ||
| Current liabilities | ||
| Accounts payable | $8,961 | $11,902 |
| Accrued consignor payable | 77,122 | 81,543 |
| Operating lease liabilities, current portion | 20,094 | 20,776 |
| Other accrued and current liabilities | 82,685 | 93,292 |
| Total current liabilities | 188,862 | 207,513 |
| Operating lease liabilities, net of current portion | 104,856 | 125,118 |
| Convertible senior notes, net | 452,421 | 449,848 |
| Other noncurrent liabilities | 4,083 | 3,254 |
| Total liabilities | 750,222 | 785,733 |
| Commitments and contingencies (Note 12) | ||
| Stockholders’ deficit: | ||
| Common stock, $0.00001 par value; 500,000,000 shares authorized as of December 31, 2023 and December 31, 2022; 104,670,500 and 99,088,172 shares issued and outstanding as of December 31, 2023 and December 31, 2022, respectively | 1 | 1 |
| Additional paid-in capital | 816,325 | 781,060 |
| Accumulated deficit | (1,119,625) | (951,153) |
| Total stockholders’ deficit | (303,299) | (170,092) |
| Total liabilities and stockholders’ deficit | $446,923 | $615,641 |
The text of this filing, as the company filed it with the SEC, without its images or exhibits. This is not investment advice.