Life360 Inc
For the period ended Mar 31, 2024. Filed May 10, 2024.
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A company's report for each of its first three quarters. The financial statements are not audited. It shows how the business has moved since the last annual report, and what management says changed.
Mar 31, 2024 · Filed May 10, 2024
LIF$45.02-5.0%Stored close · as of Nov 9, 2026
Extracted filing text, with the paragraph anchors used by the comparison.
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Condensed Consolidated Balance Sheets
| March 31,2024 | December 31,2023 | |
|---|---|---|
| Assets | ||
| Current Assets: | ||
| Cash and cash equivalents | $73,401 | $68,964 |
| Accounts receivable, net | 37,036 | 42,180 |
| Inventory | 6,338 | 4,099 |
| Costs capitalized to obtain contracts, net | 961 | 1,010 |
| Prepaid expenses and other current assets | 13,720 | 15,174 |
| Total current assets | 131,456 | 131,427 |
| Restricted cash, noncurrent | 1,202 | 1,749 |
| Property and equipment, net | 684 | 730 |
| Costs capitalized to obtain contracts, noncurrent | 940 | 834 |
| Prepaid expenses and other assets, noncurrent | 5,606 | 6,848 |
| Operating lease right-of-use asset | 933 | 1,014 |
| Intangible assets, net | 44,281 | 45,441 |
| Goodwill | 133,674 | 133,674 |
| Total Assets | $318,776 | $321,717 |
| Liabilities and Stockholders’ Equity | ||
| Current Liabilities: | ||
| Accounts payable | $9,388 | $5,896 |
| Accrued expenses and other current liabilities | 25,063 | 27,538 |
| Convertible notes, current ($4,057 and $3,449 measured at fair value, respectively) | 4,057 | 3,449 |
| Deferred revenue, current | 35,513 | 33,932 |
| Total current liabilities | 74,021 | 70,815 |
| Convertible notes, noncurrent | 1,161 | 1,056 |
| Derivative liability, noncurrent | 1,924 | 217 |
| Deferred revenue, noncurrent | 1,196 | 1,842 |
| Other liabilities, noncurrent | 634 | 723 |
| Total Liabilities | $78,936 | $74,653 |
| Commitments and Contingencies (Note 10) | ||
| Stockholders’ Equity | ||
| Common Stock, $0.001 par value; 100,000,000 shares authorized as of March 31, 2024 and December 31, 2023; 69,440,062 and 68,155,830 issued and outstanding as of March 31, 2024 and December 31, 2023, respectively | 71 | 70 |
| Additional paid-in capital | 534,679 | 532,128 |
| Accumulated deficit | (294,920) | (285,143) |
| Accumulated other comprehensive income | 10 | 9 |
| Total stockholders’ equity | 239,840 | 247,064 |
| Total Liabilities and Stockholders’ Equity | $318,776 | $321,717 |
The text of this filing, as the company filed it with the SEC, without its images or exhibits. This is not investment advice.