Katapult Holdings Inc
For the period ended Dec 31, 2023. Filed Apr 24, 2024.
View on SEC.govAbout 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 Apr 24, 2024
KPLT$11.52-1.9%Stored close · as of Nov 10, 2026
Extracted filing text, with the paragraph anchors used by the comparison.
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Consolidated Statements of Operations and Comprehensive Loss
(amounts in thousands, except per share data)
| Years Ended December 31, | ||
|---|---|---|
| 2023 | 2022 | |
| (As Restated) | ||
| Revenue | ||
| Rental revenue | $218,347 | $205,371 |
| Other revenue | 3,241 | 4,126 |
| Total revenue | 221,588 | 209,497 |
| Cost of revenue | 179,881 | 172,092 |
| Gross profit | 41,707 | 37,405 |
| Operating expenses: | ||
| Servicing costs | 4,311 | 4,337 |
| Underwriting fees | 1,919 | 1,828 |
| Professional and consulting fees | 6,694 | 10,539 |
| Technology and data analytics | 6,905 | 9,389 |
| Compensation costs | 22,732 | 25,090 |
| General and administrative | 10,938 | 14,288 |
| Litigation expense, net | 7,000 | 375 |
| Total operating expenses | 60,499 | 65,846 |
| Loss from operations | (18,792) | (28,441) |
| Loss on partial extinguishment of debt | (2,391) | — |
| Interest expense and other fees | (17,822) | (19,264) |
| Interest income | 1,697 | 744 |
| Change in fair value of warrant liability | 807 | 6,439 |
| Loss before income taxes | (36,501) | (40,522) |
| (Provision) benefit for income taxes | (165) | 50 |
| Net loss | $(36,666) | $(40,472) |
| Weighted average common shares outstanding - basic and diluted | 4,088 | 3,930 |
| Net loss per common share - basic and diluted | $(8.97) | $(10.30) |
The text of this filing, as the company filed it with the SEC, without its images or exhibits. This is not investment advice.