Weave Communications Inc
For the period ended Jun 30, 2024. Filed Aug 7, 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.
Jun 30, 2024 · Filed Aug 7, 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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Item 1. Condensed Consolidated Balance Sheets
| June 30, 2024 | December 31, 2023 | |
|---|---|---|
| ASSETS | ||
| Current assets: | ||
| Cash and cash equivalents | $51,659 | $50,756 |
| Short-term investments | 47,383 | 58,088 |
| Accounts receivable, net | 5,528 | 3,511 |
| Deferred contract costs, net | 11,143 | 10,547 |
| Prepaid expenses and other current assets | 5,390 | 6,876 |
| Total current assets | 121,103 | 129,778 |
| Non-current assets: | ||
| Property and equipment, net | 9,752 | 9,922 |
| Operating lease right-of-use assets | 39,509 | 41,318 |
| Finance lease right-of-use assets | 10,377 | 10,351 |
| Deferred contract costs, net, less current portion | 9,417 | 8,622 |
| Other non-current assets | 1,041 | 1,021 |
| TOTAL ASSETS | $191,199 | $201,012 |
| LIABILITIES AND STOCKHOLDERS' EQUITY | ||
| Current liabilities: | ||
| Accounts payable | $7,568 | $5,171 |
| Accrued liabilities | 15,488 | 18,491 |
| Deferred revenue | 40,562 | 38,850 |
| Current portion of operating lease liabilities | 4,042 | 3,821 |
| Current portion of finance lease liabilities | 6,393 | 6,520 |
| Total current liabilities | 74,053 | 72,853 |
| Non-current liabilities: | ||
| Operating lease liabilities, less current portion | 41,040 | 43,080 |
| Finance lease liabilities, less current portion | 6,283 | 6,122 |
| Total liabilities | 121,376 | 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 June 30, 2024 and December 31, 2023 | — | — |
| Common stock, $0.00001 par value per share; 500,000,000 shares authorized as of June 30, 2024 and December 31, 2023; 71,682,267 and 70,116,357 shares issued and outstanding as of June 30, 2024 and December 31, 2023, respectively | — | — |
| Additional paid-in capital | 348,532 | 341,514 |
| Accumulated deficit | (278,423) | (262,667) |
| Accumulated other comprehensive income (loss) | (286) | 110 |
| Total stockholders' equity | 69,823 | 78,957 |
| TOTAL LIABILITIES AND STOCKHOLDERS' EQUITY | $191,199 | $201,012 |
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