Maplebear Inc
For the period ended Dec 31, 2024. Filed Feb 28, 2025.
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FY2024 · Filed Feb 28, 2025
CART$58.47+0.0%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 Cash Flows
| Year Ended December 31, | |||
|---|---|---|---|
| 2022 | 2023 | 2024 | |
| OPERATING ACTIVITIES | |||
| Net income (loss) | $428 | $(1,622) | $457 |
| Adjustments to reconcile net income (loss) to net cash provided by operating activities: | |||
| Depreciation and amortization expense | 34 | 43 | 56 |
| Stock-based compensation expense | 33 | 2,756 | 300 |
| Provision for bad debts | 10 | 23 | 19 |
| Amortization of operating lease right-of-use assets | 13 | 14 | 11 |
| Deferred income taxes | (373) | (459) | 59 |
| Other | 8 | (4) | 4 |
| Changes in operating assets and liabilities, net of effects of business acquisitions: | |||
| Accounts receivable | (21) | (33) | (185) |
| Prepaid expenses and other assets | (31) | (22) | (58) |
| Accounts payable | 25 | (16) | 8 |
| Accrued and other current liabilities | 141 | (62) | 42 |
| Deferred revenue | 24 | 18 | 4 |
| Operating lease liabilities | (13) | (15) | (16) |
| Other long-term liabilities | (1) | (35) | (14) |
| Net cash provided by operating activities | 277 | 586 | 687 |
| INVESTING ACTIVITIES | |||
| Purchases of marketable securities | (158) | (110) | (110) |
| Maturities of marketable securities | 394 | 301 | 70 |
| Purchases of property and equipment, including capitalized internal-use software | (24) | (54) | (64) |
| Acquisitions of businesses, net of cash acquired | (93) | — | — |
| Other investing activities | (2) | (2) | (3) |
| Net cash provided by (used in) investing activities | 117 | 135 | (107) |
| FINANCING ACTIVITIES | |||
| Proceeds from the issuance of common stock upon initial public offering, net of underwriting discounts | — | 401 | — |
| Proceeds from the issuance of Series A redeemable convertible preferred stock | — | 175 | — |
| Taxes paid related to net share settlement of equity awards | — | (570) | (101) |
| Proceeds from exercise of stock options | 1 | 6 | 80 |
| Proceeds from exercise of common stock warrants | 34 | — | — |
| Changes in advances from payment card issuer | — | — | 10 |
| Proceeds from modification of common stock warrants | 14 | — | — |
| Deferred offering costs paid | (3) | (6) | — |
| Repurchases of common stock | — | (36) | (1,402) |
| Net cash provided by (used in) financing activities | 46 | (30) | (1,413) |
| Effect of foreign exchange on cash, cash equivalents, and restricted cash and cash equivalents | (6) | 3 | (11) |
| Net increase (decrease) in cash, cash equivalents, and restricted cash and cash equivalents | 434 | 694 | (844) |
| Cash, cash equivalents, and restricted cash and cash equivalents - beginning of period | 1,165 | 1,599 | 2,293 |
| Cash, cash equivalents, and restricted cash and cash equivalents - end of period | $1,599 | $2,293 | $1,449 |
CONSOLIDATED STATEMENTS OF CASH FLOWS, CONTINUED
| Year Ended December 31, | |||
|---|---|---|---|
| 2022 | 2023 | 2024 | |
| SUPPLEMENTAL DISCLOSURE OF CASH FLOW INFORMATION | |||
| Cash paid for income taxes, net of tax refunds | $3 | $54 | $13 |
| SUPPLEMENTAL DISCLOSURE OF NON-CASH INVESTING AND FINANCING ACTIVITIES | |||
| Stock-based compensation capitalized as internal-use software | $— | $56 | $35 |
| Conversion of redeemable convertible preferred stock to common stock in connection with initial public offering | $— | $2,822 | $— |
| Reclassification of deferred offering costs to additional paid-in capital upon initial public offering | $— | $9 | $— |
| Fair value of contingent consideration in connection with a business combination | $7 | $— | $— |
| Accretion of Series A redeemable convertible preferred stock | $— | $2 | $9 |
| SUPPLEMENTAL DISCLOSURE OF CASH FLOW INFORMATION RELATED TO LEASES | |||
| Cash paid for amounts included in the measurement of operating lease liabilities | $15 | $16 | $16 |
| Lease liabilities arising from obtaining right-of-use assets | $9 | $6 | $1 |
| RECONCILIATION OF CASH, CASH EQUIVALENTS, AND RESTRICTED CASH AND CASH EQUIVALENTS TO THE CONSOLIDATED BALANCE SHEETS | |||
| Cash and cash equivalents | $1,505 | $2,137 | $1,278 |
| Restricted cash and cash equivalents, current | 75 | 137 | 152 |
| Restricted cash and cash equivalents, noncurrent | 19 | 19 | 19 |
| Total cash, cash equivalents, and restricted cash and cash equivalents | $1,599 | $2,293 | $1,449 |
The text of this filing, as the company filed it with the SEC, without its images or exhibits. This is not investment advice.