Wayfair Inc
For the period ended Dec 31, 2023. Filed Feb 22, 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 Feb 22, 2024
W$116.87+4.6%Stored close · as of Nov 9, 2026
Extracted filing text, with the paragraph anchors used by the comparison.
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Consolidated Balance Sheets
| December 31, | ||
|---|---|---|
| 2023 | 2022 | |
| (in millions, except share and per share data) | ||
| Assets: | ||
| Current assets | ||
| Cash and cash equivalents | $1,322 | $1,050 |
| Short-term investments | 29 | 228 |
| Accounts receivable, net | 140 | 272 |
| Inventories | 75 | 90 |
| Prepaid expenses and other current assets | 289 | 293 |
| Total current assets | 1,855 | 1,933 |
| Operating lease right-of-use assets | 820 | 839 |
| Property and equipment, net | 748 | 774 |
| Other non-current assets | 51 | 34 |
| Total assets | $3,474 | $3,580 |
| Liabilities and Stockholders' Deficit: | ||
| Current liabilities | ||
| Accounts payable | $1,234 | $1,204 |
| Other current liabilities | 949 | 868 |
| Total current liabilities | 2,183 | 2,072 |
| Long-term debt | 3,092 | 3,137 |
| Operating lease liabilities, net of current | 862 | 893 |
| Other non-current liabilities | 44 | 28 |
| Total liabilities | 6,181 | 6,130 |
| Commitments and contingencies (Note 7) | ||
| Stockholders’ deficit: | ||
| Convertible preferred stock, $0.001 par value per share: 10,000,000 shares authorized and none issued at December 31, 2023 and December 31, 2022 | — | — |
| Class A common stock, par value $0.001 per share, 500,000,000 shares authorized, 92,457,562 and 82,903,862 shares issued and outstanding at December 31, 2023 and December 31, 2022 | — | — |
| Class B common stock, par value $0.001 per share, 164,000,000 shares authorized, 25,691,295 and 25,691,397 shares issued and outstanding at December 31, 2023 and December 31, 2022 | — | — |
| Additional paid-in capital | 1,316 | 737 |
| Accumulated deficit | (4,018) | (3,280) |
| Accumulated other comprehensive loss | (5) | (7) |
| Total stockholders' deficit | (2,707) | (2,550) |
| Total liabilities and stockholders' deficit | $3,474 | $3,580 |
The text of this filing, as the company filed it with the SEC, without its images or exhibits. This is not investment advice.