FIGS Inc

For the period ended Dec 31, 2023. Filed Feb 28, 2024.

About this filing

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 28, 2024

FIGS$21.58+8.9%Stored close · as of Nov 9, 2026

Extracted filing text, with the paragraph anchors used by the comparison.

See the whole filing, with its images and exhibits

Contents

Statements of Stockholders’ Equity

(In thousands, except share data)

Common Stock · Class A Common Stock · Class B Common Stock · AdditionalPaid-in Capital · Retained Earnings · Accumulated Other Comprehensive Income · Total Stockholders’Equity
Shares · Amount · Shares · Amount · Shares · Amount
December 31, 2020	154,444,851	$15	—	$—	—	$—	$70,175	$27,487	$—	$97,677
Issuance of Class A Common Stock upon exchange of Common Stock	(142,851,852)	(14)	142,851,852	14	—	—	—	—	—	—
Issuance of Class B Common Stock upon exchange of Common Stock	(12,148,029)	(1)	—	—	12,148,029	1	—	—	—	—
Issuance of Class A Common Stock upon initial public offering, net of offering costs and related tax impacts	—	—	4,636,364	1	—	—	95,100	—	—	95,101
Issuance of Class A Common Stock upon vesting of Restricted Stock, net of tax withholdings	—	—	1,880,548	—	—	—	—	—	—	—
Issuance of Class A Common Stock upon exchange of Class B Common Stock	—	—	1,468,324	—	(1,468,324)	—	—	—	—	—
Issuance of Class B Common Stock upon exchange of Class A Common Stock	—	—	(1,478,482)	—	1,478,482	—	—	—	—	—
Restricted Stock surrendered for employees’ tax liability	—	—	—	—	—	—	(21,556)	—	—	(21,556)
Capital contribution	—	—	—	—	—	—	1,301	—	—	1,301
Stock-based compensation	—	—	—	—	—	—	81,139	—	—	81,139
Stock option exercises	555,030	—	2,739,651	—	—	—	907	—	—	907
Tax benefit of deductible IPO transaction costs	—	—	—	—	—	—	560	—	—	560
Net loss	—	—	—	—	—	—	—	(9,556)	—	(9,556)
December 31, 2021	—	$—	152,098,257	$15	12,158,187	$1	$227,626	$17,931	$—	$245,573
Issuance of Class A Common Stock upon vesting of Restricted Stock	—	—	1,777,374	—	—	—	—	—	—	—
Issuance of Class B Common Stock upon exchange of Class A Common Stock	—	—	(1,352,608)	—	1,352,608	—	—	—	—	—
Issuance of Class A Common Stock upon exchange of Class B Common Stock	—	—	6,300,000	1	(6,300,000)	(1)	—	—	—	—
Capital contribution	—	—	—	—	—	—	479	—	—	479
Stock-based compensation	—	—	—	—	—	—	37,458	—	—	37,458
Stock option exercises and employee stock purchases	—	—	528,284	—	—	—	3,043	—	—	3,043
Net income	—	—	—	—	—	—	—	21,186	—	21,186
December 31, 2022	—	$—	159,351,307	$16	7,210,795	$—	$268,606	$39,117	$—	$307,739
Issuance of Class A Common Stock upon vesting of Restricted Stock	—	—	2,371,621	—	—	—	—	—	—	—
Issuance of Class B Common Stock upon exchange of Class A Common Stock	—	—	(1,072,846)	—	1,072,846	—	—	—	—	—
Restricted Stock surrendered for employees’ tax liability	—	—	—	—	—	—	(246)	—	—	(246)
Stock-based compensation	—	—	—	—	—	—	45,799	—	—	45,799
Stock option exercises and employee stock purchases	—	—	807,321	—	—	—	916	—	—	916
Net income	—	—	—	—	—	—	—	22,637	—	22,637
Other comprehensive income, net of tax	—	—	—	—	—	—	—	—	5	5
December 31, 2023	—	$—	161,457,403	$16	8,283,641	$—	$315,075	$61,754	$5	$376,850

ContentsView on SEC.gov

The text of this filing, as the company filed it with the SEC, without its images or exhibits. This is not investment advice.