Weave Communications Inc
For the period ended Mar 31, 2024. Filed May 9, 2024.
View on SEC.govAbout this filing
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.
Mar 31, 2024 · Filed May 9, 2024
WEAV$7.40+0.1%Stored close · as of Oct 23, 2026
Extracted filing text, with the paragraph anchors used by the comparison.
See the whole filing, with its images and exhibitsContents
Item 1. Condensed Consolidated Balance Sheets
| March 31, 2024 | December 31, 2023 | |
|---|---|---|
| ASSETS | ||
| Current assets: | ||
| Cash and cash equivalents | $30,609 | $50,756 |
| Short-term investments | 51,714 | 58,088 |
| Accounts receivable, net | 19,018 | 3,511 |
| Deferred contract costs, net | 10,854 | 10,547 |
| Prepaid expenses and other current assets | 7,527 | 6,876 |
| Total current assets | 119,722 | 129,778 |
| Non-current assets: | ||
| Property and equipment, net | 9,520 | 9,922 |
| Operating lease right-of-use assets | 40,495 | 41,318 |
| Finance lease right-of-use assets | 10,402 | 10,351 |
| Deferred contract costs, net, less current portion | 9,110 | 8,622 |
| Other non-current assets | 925 | 1,021 |
| TOTAL ASSETS | $190,174 | $201,012 |
| LIABILITIES AND STOCKHOLDERS' EQUITY | ||
| Current liabilities: | ||
| Accounts payable | $4,160 | $5,171 |
| Accrued liabilities | 13,937 | 18,491 |
| Deferred revenue | 39,842 | 38,850 |
| Current portion of operating lease liabilities | 4,004 | 3,821 |
| Current portion of finance lease liabilities | 6,417 | 6,520 |
| Total current liabilities | 68,360 | 72,853 |
| Non-current liabilities: | ||
| Operating lease liabilities, less current portion | 42,069 | 43,080 |
| Finance lease liabilities, less current portion | 6,309 | 6,122 |
| Total liabilities | 116,738 | 122,055 |
| COMMITMENTS AND CONTINGENCIES (Note 12) | ||
| Stockholders' equity: | ||
| Preferred stock, $0.00001 par value per share; 10,000,000 shares authorized, zero shares issued and outstanding as of March 31, 2024 and December 31, 2023 | — | — |
| Common stock, $0.00001 par value per share; 500,000,000 shares authorized as of March 31, 2024 and December 31, 2023; 70,980,371 and 70,116,357 shares issued and outstanding as of March 31, 2024 and December 31, 2023, respectively | — | — |
| Additional paid-in capital | 343,496 | 341,514 |
| Accumulated deficit | (269,870) | (262,667) |
| Accumulated other comprehensive income (loss) | (190) | 110 |
| Total stockholders' equity | 73,436 | 78,957 |
| TOTAL LIABILITIES AND STOCKHOLDERS' EQUITY | $190,174 | $201,012 |
The text of this filing, as the company filed it with the SEC, without its images or exhibits. This is not investment advice.