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$5.85+1.0%Stored close · as of Nov 10, 2026
Extracted filing text, with the paragraph anchors used by the comparison.
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Condensed Consolidated Statements of Cash Flows
(Amounts in thousands)
| Nine Months Ended September 30, | ||
|---|---|---|
| 2024 | 2023 | |
| Cash flows from operating activities: | ||
| Net loss | $(13,423) | $(19,758) |
| Adjustments to reconcile net loss to net cash used in operating activities: | ||
| Depreciation and amortization | 1,439 | 1,815 |
| Stock-based compensation expense | 11,008 | 9,340 |
| Provision for transaction losses, returns and refunds | 984 | 703 |
| Amortization of costs to obtain revenue contracts | 239 | 242 |
| Amortization of operating lease right-of-use assets | 2,535 | 1,917 |
| Accretion of discounts and amortization of premiums on short-term investments, net | (1,972) | (2,366) |
| Other, net | (244) | (45) |
| Changes in operating assets and liabilities: | ||
| Accounts receivable | (306) | 40 |
| Prepaid expenses and other current assets | (925) | 415 |
| Receivables from payment processors | (607) | (999) |
| Other assets | (895) | (1,215) |
| Accounts payable and accrued expenses | (2,194) | (210) |
| Payables due to sellers | 2,654 | 606 |
| Operating lease liabilities | (2,177) | (2,063) |
| Other current liabilities and other liabilities | (1,824) | 103 |
| Net cash used in operating activities | (5,708) | (11,475) |
| Cash flows from investing activities: | ||
| Maturities of short-term investments | 66,887 | 58,153 |
| Sales of short-term investments | 18,667 | — |
| Purchases of short-term investments | (68,868) | (166,471) |
| Development of internal-use software | (1,076) | (1,215) |
| Purchases of property and equipment | (595) | (67) |
| Other, net | 310 | — |
| Net cash provided by (used in) investing activities | 15,325 | (109,600) |
| Cash flows from financing activities: | ||
| Proceeds from exercise of stock options | 817 | 78 |
| Payments for repurchase of common stock | (22,754) | (1,312) |
| Payments for taxes related to net share settlement of stock-based compensation awards | (3,218) | — |
| Net cash used in financing activities | (25,155) | (1,234) |
| Effect of exchange rate changes on cash, cash equivalents, and restricted cash | 222 | 44 |
| Net decrease in cash, cash equivalents, and restricted cash | (15,316) | (122,265) |
| Cash, cash equivalents, and restricted cash at beginning of the period | 40,975 | 158,043 |
| Cash, cash equivalents, and restricted cash at end of the period | $25,659 | $35,778 |
| Supplemental disclosure of non-cash activities: | ||
| Recording of right of use asset | $3,483 | $— |
| Recording of lease liability | $(3,483) | $— |
The text of this filing, as the company filed it with the SEC, without its images or exhibits. This is not investment advice.