1stdibscom Inc
For the period ended Sep 30, 2024. Filed Nov 8, 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.
Sep 30, 2024 · Filed Nov 8, 2024
DIBS$5.79-3.8%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
(Amounts in thousands, except share and per share amounts)
| September 30, 2024 | December 31, 2023 | |
|---|---|---|
| Assets · (Unaudited) | ||
| Current assets: | ||
| Cash and cash equivalents | $22,018 | $37,395 |
| Short-term investments | 87,343 | 101,926 |
| Accounts receivable, net of allowance for doubtful accounts of $158 and $188 at September 30, 2024 and December 31, 2023, respectively | 639 | 643 |
| Prepaid expenses | 3,197 | 3,032 |
| Receivables from payment processors | 3,277 | 2,670 |
| Other current assets | 2,565 | 2,214 |
| Total current assets | 119,039 | 147,880 |
| Restricted cash, non-current | 3,641 | 3,580 |
| Property and equipment, net | 3,841 | 3,384 |
| Operating lease right-of-use assets | 20,621 | 19,655 |
| Goodwill | 4,296 | 4,116 |
| Other assets | 2,982 | 2,200 |
| Total assets | $154,420 | $180,815 |
| Liabilities and Stockholders’ Equity | ||
| Current liabilities: | ||
| Accounts payable | $2,044 | $3,580 |
| Payables due to sellers | 9,176 | 6,521 |
| Accrued expenses | 10,865 | 10,883 |
| Operating lease liabilities, current | 4,219 | 3,107 |
| Other current liabilities | 1,836 | 3,618 |
| Total current liabilities | 28,140 | 27,709 |
| Operating lease liabilities, non-current | 19,021 | 18,812 |
| Other liabilities | 25 | 6 |
| Total liabilities | 47,186 | 46,527 |
| Commitments and contingencies (Note 13) | ||
| Stockholders’ equity: | ||
| Preferred stock, $0.01 par value; 10,000,000 shares authorized as of September 30, 2024 and December 31, 2023; zero shares issued and outstanding as of September 30, 2024 and December 31, 2023 | — | — |
| Common stock, $0.01 par value; 400,000,000 shares authorized as of September 30, 2024 and December 31, 2023; 41,946,556 and 40,738,619 shares issued as of September 30, 2024 and December 31, 2023, respectively; and 36,827,986 and 39,915,136 outstanding as of September 30, 2024 and December 31, 2023, respectively | 419 | 407 |
| Treasury stock, at cost; 5,118,570 and 823,483 shares as of September 30, 2024 and December 31, 2023, respectively | (26,289) | (3,496) |
| Additional paid-in capital | 460,231 | 451,282 |
| Accumulated deficit | (327,142) | (313,719) |
| Accumulated other comprehensive income (loss) | 15 | (186) |
| Total stockholders’ equity | 107,234 | 134,288 |
| Total liabilities and stockholders’ equity | $154,420 | $180,815 |
The text of this filing, as the company filed it with the SEC, without its images or exhibits. This is not investment advice.