Weave Communications Inc
For the period ended Dec 31, 2023. Filed Mar 13, 2024.
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A company's yearly report to the SEC, with audited financial statements. It is the fullest account a company gives of its business, its finances and the risks it sees.
FY2023 · Filed Mar 13, 2024
WEAV$7.40+0.1%Stored close · as of Oct 23, 2026
Extracted filing text, with the paragraph anchors used by the comparison.
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Consolidated balance sheets
(in thousands, except share and per share data)
| December 31, 2023 | December 31, 2022 | |
|---|---|---|
| ASSETS | ||
| Current assets: | ||
| Cash and cash equivalents | $50,756 | $61,997 |
| Short-term investments | 58,088 | 51,340 |
| Accounts receivable, net | 3,511 | 3,296 |
| Deferred contract costs, net | 10,547 | 9,881 |
| Prepaid expenses and other current assets | 6,876 | 6,374 |
| Total current assets | 129,778 | 132,888 |
| Non-current assets: | ||
| Property and equipment, net | 9,922 | 10,773 |
| Operating lease right-of-use assets | 41,318 | 45,110 |
| Finance lease right-of-use assets | 10,351 | 10,589 |
| Deferred contract costs, net, less current portion | 8,622 | 8,146 |
| Other non-current assets | 1,021 | 843 |
| TOTAL ASSETS | $201,012 | $208,349 |
| LIABILITIES AND STOCKHOLDERS' EQUITY | ||
| Current liabilities: | ||
| Accounts payable | $5,171 | $3,793 |
| Accrued liabilities | 18,491 | 13,636 |
| Deferred revenue | 38,850 | 34,136 |
| Current portion of operating lease liabilities | 3,821 | 3,662 |
| Current portion of finance lease liabilities | 6,520 | 6,992 |
| Current portion of long-term debt | — | 10,000 |
| Total current liabilities | 72,853 | 72,219 |
| Non-current liabilities: | ||
| Operating lease liabilities, less current portion | 43,080 | 46,914 |
| Finance lease liabilities, less current portion | 6,122 | 5,997 |
| Total liabilities | 122,055 | 125,130 |
| COMMITMENTS AND CONTINGENCIES (Note 10) | ||
| Stockholders' equity: | ||
| Preferred stock, $0.00001 par value per share; 10,000,000 shares authorized, zero shares issued and outstanding as of December 31, 2023 and December 31, 2022 | — | — |
| Common stock, $0.00001 par value per share; 500,000,000 shares authorized as of December 31, 2023 and December 31, 2022, 70,116,357 and 65,739,053 shares issued and outstanding as of December 31, 2023 and December 31, 2022, respectively | — | — |
| Additional paid-in capital | 341,514 | 314,884 |
| Accumulated deficit | (262,667) | (231,636) |
| Accumulated other comprehensive income (loss) | 110 | (29) |
| Total stockholders' equity | 78,957 | 83,219 |
| TOTAL LIABILITIES AND STOCKHOLDERS' EQUITY | $201,012 | $208,349 |
The text of this filing, as the company filed it with the SEC, without its images or exhibits. This is not investment advice.