Life360, Inc.
For the period ended Sep 30, 2026. Filed Nov 9, 2026.
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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.
Sep 30, 2026 · Filed Nov 9, 2026
Extracted filing text, with the paragraph anchors used by the comparison.
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Condensed Consolidated Balance Sheets
| September 30,2026 | December 31,2025 | |
|---|---|---|
| Assets | ||
| Current Assets: | ||
| Cash and cash equivalents | $333,138 | $494,261 |
| Restricted cash, current | 1,002 | — |
| Short-term investments | 129,248 | — |
| Accounts receivable, net(1) | 108,300 | 80,715 |
| Inventory | 16,757 | 9,867 |
| Costs capitalized to obtain contracts, net | 1,135 | 1,211 |
| Prepaid expenses and other current assets | 22,789 | 20,050 |
| Total current assets | 612,369 | 606,104 |
| Restricted cash, noncurrent | 1,640 | 1,567 |
| Property and equipment, net | 2,665 | 3,019 |
| Costs capitalized to obtain contracts, noncurrent | 854 | 869 |
| Investments (2)(3) | 69,519 | 45,370 |
| Prepaid expenses and other assets, noncurrent | 6,087 | 3,110 |
| Operating lease right-of-use asset | 62 | 335 |
| Intangible assets, net | 75,676 | 38,277 |
| Goodwill | 173,609 | 134,619 |
| Deferred tax assets, net | 143,209 | 126,418 |
| Total Assets | $1,085,690 | $959,688 |
| Liabilities and Stockholders’ Equity | ||
| Current Liabilities: | ||
| Accounts payable | $22,201 | $8,411 |
| Accrued expenses and other current liabilities | 38,715 | 42,002 |
| Deferred revenue, current(4) | 54,394 | 46,377 |
| Total current liabilities | 115,310 | 96,790 |
| Convertible notes, net, noncurrent | 312,019 | 310,386 |
| Deferred revenue, noncurrent(5) | 10,949 | 4,330 |
| Other liabilities, noncurrent | 16,845 | — |
| Total Liabilities | $455,123 | $411,506 |
| Commitments and Contingencies (Note 10) | ||
| Stockholders’ Equity | ||
| Common Stock, $0.001 par value; 500,000,000 authorized as of September 30, 2026 and December 31, 2025; 82,570,784 issued and 81,589,686 outstanding as of September 30, 2026 and 79,359,589 issued and outstanding as of December 31, 2025 | 83 | 79 |
| Additional paid-in capital | 783,464 | 686,921 |
| Accumulated deficit | (108,536) | (138,866) |
| Accumulated other comprehensive income | 2 | 48 |
| Treasury stock, at cost; 981,098 and 0 shares as of September 30, 2026 and December 31, 2025, respectively | (44,446) | — |
| Total stockholders’ equity | 630,567 | 548,182 |
| Total Liabilities and Stockholders’ Equity | $1,085,690 | $959,688 |
(1)Includes related party receivables ofzero and $3 as of September 30, 2026, and December 31, 2025, respectively.
(2)Includes $19,617 and $24,726 measured using the fair value option as of September 30, 2026, and December 31, 2025, respectively, related to the Convertible Note Investment. Refer to Note 6, "Fair Value Measurements" for additional information.
(3) Includes the Related Party Investment of $23,719 and $5,882 as of September 30, 2026, and December 31, 2025, respectively and the Related Party Warrant of $14,319 and $3,898 as of September 30, 2026, and December 31, 2025. Refer to Note 6, "Fair Value Measurements" and Note 14, "Related-Party Transactions" for additional information.
(4)Includes related party deferred revenue, current of $4,367 and $780 as of September 30, 2026, and December 31, 2025.
(5)Includes related party deferred revenue, noncurrent of $9,740 and $2,242 as of September 30, 2026, and December 31, 2025, respectively.
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