Life360 Inc
For the period ended Dec 31, 2024. Filed Feb 27, 2025.
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.
FY2024 · Filed Feb 27, 2025
LIF$45.02-5.0%Stored close · as of Nov 9, 2026
Extracted filing text, with the paragraph anchors used by the comparison.
See the whole filing, with its images and exhibitsContents
Consolidated Balance Sheets
| December 31,2024 | December 31,2023 | |
|---|---|---|
| Assets | ||
| Current Assets: | ||
| Cash and cash equivalents | $159,238 | $68,964 |
| Accounts receivable, net (including related party receivables of $55 and $0, respectively) | 57,997 | 42,180 |
| Inventory | 8,057 | 4,099 |
| Costs capitalized to obtain contracts, net | 1,098 | 1,010 |
| Prepaid expenses and other current assets | 14,599 | 15,174 |
| Total current assets | 240,989 | 131,427 |
| Restricted cash, noncurrent | 1,221 | 1,749 |
| Property and equipment, net | 1,779 | 730 |
| Costs capitalized to obtain contracts, noncurrent | 1,049 | 834 |
| Prepaid expenses and other assets, noncurrent | 21,611 | 6,848 |
| Operating lease right-of-use asset | 683 | 1,014 |
| Intangible assets, net | 40,574 | 45,441 |
| Goodwill | 133,674 | 133,674 |
| Total Assets | $441,580 | $321,717 |
| Liabilities and Stockholders’ Equity | ||
| Current Liabilities: | ||
| Accounts payable | $5,463 | $5,896 |
| Accrued expenses and other current liabilities | 32,015 | 27,538 |
| Convertible notes, current | — | 3,449 |
| Deferred revenue, current | 39,860 | 33,932 |
| Total current liabilities | 77,338 | 70,815 |
| Convertible notes, noncurrent | — | 1,056 |
| Derivative liability, noncurrent | — | 217 |
| Deferred revenue, noncurrent | 5,338 | 1,842 |
| Other liabilities, noncurrent | 359 | 723 |
| Total Liabilities | $83,035 | $74,653 |
| Commitments and Contingencies (Note 10) | ||
| Stockholders’ Equity | ||
| Common Stock, $0.001 par value; 500,000,000 and 100,000,000 shares authorized as of December 31, 2024 and December 31, 2023, respectively; 75,404,996 and 68,155,830 issued and outstanding as of December 31, 2024 and December 31, 2023, respectively | 75 | 70 |
| Additional paid-in capital | 648,124 | 532,128 |
| Accumulated deficit | (289,698) | (285,143) |
| Accumulated other comprehensive income | 44 | 9 |
| Total stockholders’ equity | 358,545 | 247,064 |
| Total Liabilities and Stockholders’ Equity | $441,580 | $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.