1stdibscom Inc
For the period ended Dec 31, 2023. Filed Feb 29, 2024.
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FY2023 · Filed Feb 29, 2024
DIBS$5.79-3.8%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
(Amounts in thousands, except share and per share amounts)
| December 31, | ||
|---|---|---|
| 2023 | 2022 | |
| Assets | ||
| Current assets: | ||
| Cash and cash equivalents | $37,395 | $153,209 |
| Short-term investments | 101,926 | — |
| Restricted cash, current | — | 1,500 |
| Accounts receivable, net of allowance for doubtful accounts of $188 and $113 at December 31, 2023 and 2022, respectively | 643 | 972 |
| Prepaid expenses | 3,032 | 3,506 |
| Receivables from payment processors | 2,670 | 2,476 |
| Other current assets | 2,214 | 800 |
| Total current assets | 147,880 | 162,463 |
| Restricted cash, non-current | 3,580 | 3,334 |
| Property and equipment, net | 3,384 | 3,685 |
| Operating lease right-of-use assets | 19,655 | 21,990 |
| Goodwill | 4,116 | 4,075 |
| Other assets | 2,200 | 249 |
| Total assets | $180,815 | $195,796 |
| Liabilities and Stockholders’ Equity | ||
| Current liabilities: | ||
| Accounts payable | $3,580 | $2,905 |
| Payables due to sellers | 6,521 | 7,185 |
| Accrued expenses | 10,883 | 10,761 |
| Operating lease liabilities, current | 3,107 | 2,770 |
| Other current liabilities | 3,618 | 2,429 |
| Total current liabilities | 27,709 | 26,050 |
| Operating lease liabilities, non-current | 18,812 | 21,678 |
| Other liabilities | 6 | 46 |
| Total liabilities | 46,527 | 47,774 |
| Commitments and contingencies (Note 16) | ||
| Stockholders’ equity: | ||
| Preferred stock, $0.01 par value; 10,000,000 shares authorized as of December 31, 2023 and 2022; zero shares issued and outstanding as of December 31, 2023 and 2022 | — | — |
| Common stock, $0.01 par value; 400,000,000 shares authorized as of December 31, 2023 and 2022; 40,738,619 and 39,260,193 shares issued as of December 31, 2023 and 2022, respectively; and 39,915,136 and 39,260,193 shares outstanding as of December 31, 2023 and 2022, respectively | 407 | 393 |
| Treasury stock, at cost; 823,483 and zero shares as of December 31, 2023 and December 31, 2022, respectively | (3,496) | — |
| Additional paid-in capital | 451,282 | 439,005 |
| Accumulated deficit | (313,719) | (291,020) |
| Accumulated other comprehensive loss | (186) | (356) |
| Total stockholders’ equity | 134,288 | 148,022 |
| Total liabilities and stockholders’ equity | $180,815 | $195,796 |
The text of this filing, as the company filed it with the SEC, without its images or exhibits. This is not investment advice.