Getty Images Holdings Inc
For the period ended Dec 31, 2023. Filed Mar 15, 2024.
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FY2023 · Filed Mar 15, 2024
GETY$0.08-41.0%Stored close · as of Sep 28, 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 par value data)
| December 31, | ||
|---|---|---|
| 2023 | 2022 | |
| ASSETS | ||
| CURRENT ASSETS: | ||
| Cash and cash equivalents | $136,623 | $97,912 |
| Restricted cash | 4,227 | 4,482 |
| Accounts receivable – net of allowance of $6,526 and $6,460, respectively | 138,730 | 129,603 |
| Prepaid expenses | 15,798 | 15,728 |
| Insurance recovery receivable | 48,615 | — |
| Taxes receivable | 9,758 | 11,297 |
| Other current assets | 11,253 | 10,497 |
| Total current assets | 365,004 | 269,519 |
| PROPERTY AND EQUIPMENT – NET | 179,378 | 172,083 |
| RIGHT OF USE ASSETS | 41,098 | 47,231 |
| GOODWILL | 1,501,814 | 1,499,578 |
| IDENTIFIABLE INTANGIBLE ASSETS – NET | 403,805 | 419,548 |
| DEFERRED INCOME TAXES – NET | 69,400 | 8,272 |
| OTHER LONG-TERM ASSETS | 41,262 | 51,952 |
| TOTAL | $2,601,761 | $2,468,183 |
| LIABILITIES AND STOCKHOLDERS’ EQUITY | ||
| CURRENT LIABILITIES: | ||
| Accounts payable | $102,525 | $93,766 |
| Accrued expenses | 43,653 | 49,327 |
| Income taxes payable | 11,325 | 8,031 |
| Litigation reserves | 98,149 | — |
| Deferred revenue | 176,349 | 171,371 |
| Total current liabilities | 432,001 | 322,495 |
| LONG-TERM DEBT – NET | 1,398,658 | 1,428,847 |
| LEASE LIABILITIES | 39,858 | 46,218 |
| DEFERRED INCOME TAXES – NET | 21,580 | 37,075 |
| UNCERTAIN TAX POSITIONS | 24,772 | 37,333 |
| OTHER LONG-TERM LIABILITIES | 3,462 | 3,167 |
| Total liabilities | 1,920,331 | 1,875,135 |
| Commitments and contingencies (Note 13) | ||
| STOCKHOLDERS’ EQUITY: | ||
| Preferred Stock, $0.0001 par value; 1.0 million shares authorized; no shares issued and outstanding as of December 31, 2023 and December 31, 2022. | — | — |
| Class A common stock, $0.0001 par value: 2.0 billion shares authorized; 405.0 million shares issued and outstanding as of December 31, 2023 and 394.8 million shares issued and outstanding as of December 31, 2022 | 40 | 39 |
| Class B common stock, $0.0001 par value: 5.1 million shares authorized; no shares issued and no shares outstanding as of December 31, 2023 and December 31, 2022. | — | — |
| Additional paid-in capital | 1,983,276 | 1,936,324 |
| Accumulated deficit | (1,263,015) | (1,282,354) |
| Accumulated other comprehensive loss | (87,076) | (108,928) |
| Total Getty Images Holdings, Inc. stockholders’ equity | 633,225 | 545,081 |
| Noncontrolling interest | 48,205 | 47,967 |
| Total stockholders’ equity | 681,430 | 593,048 |
| TOTAL | $2,601,761 | $2,468,183 |
The text of this filing, as the company filed it with the SEC, without its images or exhibits. This is not investment advice.