Marqeta Inc
For the period ended Dec 31, 2023. Filed Feb 28, 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 28, 2024
MQ$18.59+0.8%Stored close · as of Nov 6, 2026
Extracted filing text, with the paragraph anchors used by the comparison.
See the whole filing, with its images and exhibitsContents
Consolidated Balance Sheets
(in thousands, except share and per share amounts)
| As of December 31, | ||
|---|---|---|
| 2023 | 2022 | |
| Assets | ||
| Current assets: | ||
| Cash and cash equivalents | $980,972 | $1,183,846 |
| Restricted cash | 8,500 | 7,800 |
| Short-term investments | 268,724 | 440,858 |
| Accounts receivable, net | 19,540 | 15,569 |
| Settlements receivable, net | 29,922 | 18,028 |
| Network incentives receivable | 53,807 | 42,661 |
| Prepaid expenses and other current assets | 27,233 | 38,007 |
| Total current assets | 1,388,698 | 1,746,769 |
| Operating lease right-of-use assets, net | 6,488 | 9,015 |
| Property and equipment, net | 18,764 | 7,440 |
| Intangible assets, net | 35,631 | — |
| Goodwill | 123,523 | — |
| Other assets | 16,587 | 7,122 |
| Total assets | $1,589,691 | $1,770,346 |
| Liabilities and stockholders’ equity | ||
| Current liabilities: | ||
| Accounts payable | $1,420 | $3,798 |
| Revenue share payable | 173,645 | 142,194 |
| Accrued expenses and other current liabilities | 161,514 | 136,887 |
| Total current liabilities | 336,579 | 282,879 |
| Operating lease liabilities, net of current portion | 5,126 | 9,034 |
| Other liabilities | 4,591 | 5,477 |
| Total liabilities | 346,296 | 297,390 |
| Commitments and contingencies (Note 10) | ||
| Stockholders’ equity: | ||
| Preferred stock, $0.0001 par value; 100,000,000 and 100,000,000 shares authorized, no shares issued and outstanding as of December 31, 2023 and December 31, 2022, respectively | — | — |
| Common stock, $0.0001 par value: 1,500,000,000 and 1,500,000,000 Class A shares authorized, 465,985,131 and 486,530,334 shares issued and outstanding as of December 31, 2023 and December 31, 2022, respectively. 600,000,000 and 600,000,000 Class B shares authorized, 54,357,844 and 54,833,765 shares issued and outstanding as of December 31, 2023 and December 31, 2022, respectively | 52 | 53 |
| Additional paid-in capital | 2,067,776 | 2,082,373 |
| Accumulated other comprehensive income (loss) | 762 | (7,237) |
| Accumulated deficit | (825,195) | (602,233) |
| Total stockholders’ equity | 1,243,395 | 1,472,956 |
| Total liabilities and stockholders’ equity | $1,589,691 | $1,770,346 |
The text of this filing, as the company filed it with the SEC, without its images or exhibits. This is not investment advice.