Life360, Inc.
For the period ended Dec 31, 2025. Filed Mar 2, 2026.
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FY2025 · Filed Mar 2, 2026
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Consolidated Balance Sheets
| December 31,2025 | December 31,2024 | |
|---|---|---|
| Assets | ||
| Current Assets: | ||
| Cash and cash equivalents | $494,261 | $159,238 |
| Accounts receivable, net(1) | 80,715 | 57,997 |
| Inventory | 9,867 | 8,057 |
| Costs capitalized to obtain contracts, net | 1,211 | 1,098 |
| Prepaid expenses and other current assets | 20,050 | 14,599 |
| Total current assets | 606,104 | 240,989 |
| Restricted cash, noncurrent | 1,567 | 1,221 |
| Property and equipment, net | 3,019 | 1,779 |
| Costs capitalized to obtain contracts, noncurrent | 869 | 1,049 |
| Prepaid expenses and other assets, noncurrent(2)(3) | 48,480 | 21,611 |
| Operating lease right-of-use asset | 335 | 683 |
| Intangible assets, net | 38,277 | 40,574 |
| Goodwill | 134,619 | 133,674 |
| Deferred tax assets, net | 126,418 | — |
| Total Assets | $959,688 | $441,580 |
| Liabilities and Stockholders’ Equity | ||
| Current Liabilities: | ||
| Accounts payable | $8,411 | $5,463 |
| Accrued expenses and other current liabilities | 42,002 | 32,015 |
| Deferred revenue, current(4) | 46,377 | 39,860 |
| Total current liabilities | 96,790 | 77,338 |
| Convertible notes, net, noncurrent | 310,386 | — |
| Deferred revenue, noncurrent(5) | 4,330 | 5,338 |
| Other liabilities, noncurrent | — | 359 |
| Total Liabilities | $411,506 | $83,035 |
| Commitments and Contingencies (Note 10) | ||
| Stockholders’ Equity | ||
| Common Stock, $0.001 par value; 500,000,000 shares authorized as of December 31, 2025 and December 31, 2024, respectively; 79,359,589 and 75,404,996 issued and outstanding as of December 31, 2025 and December 31, 2024, respectively | 79 | 75 |
| Additional paid-in capital | 686,921 | 648,124 |
| Accumulated deficit | (138,866) | (289,698) |
| Accumulated other comprehensive income | 48 | 44 |
| Total stockholders’ equity | 548,182 | 358,545 |
| Total Liabilities and Stockholders’ Equity | $959,688 | $441,580 |
(1)Includes related party receivables of $3 and $55 as of December 31, 2025 and December 31, 2024, respectively.
(2)Includes $24,726 andzero measured using the fair value option as of December 31, 2025 and December 31, 2024, respectively, related to the Convertible Note Investment. Refer to Note 5, "Fair Value Measurements" for additional information.
(3)The balance as of December 31, 2025 includes the $5,882 Related Party Investment and the $3,898 Related Party Warrant. The balance as of December 31, 2024 includes the $5,000 Related Party SAFE and the $3,898 Related Party Warrant. Refer to Note 5, "Fair Value Measurements" and Note 15, "Related-Party Transactions" for additional information.
(4)Includes related party deferred revenue, current of $780 and $877 as of December 31, 2025 and December 31, 2024, respectively.
(5)Includes related party deferred revenue, noncurrent of $2,242 and $3,021 as of December 31, 2025 and December 31, 2024, respectively.
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