Marqeta Inc
For the period ended Mar 31, 2024. Filed May 7, 2024.
View on SEC.govAbout this filing
A company's report for each of its first three quarters. The financial statements are not audited. It shows how the business has moved since the last annual report, and what management says changed.
Mar 31, 2024 · Filed May 7, 2024
MQ$18.40-1.0%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 exhibitsContents
Condensed Consolidated Balance Sheets
(in thousands, except share and per share amounts)
| March 31,2024 | December 31,2023 | |
|---|---|---|
| Assets | ||
| Current assets: | ||
| Cash and cash equivalents | $970,357 | $980,972 |
| Restricted cash | 8,500 | 8,500 |
| Short-term investments | 228,324 | 268,724 |
| Accounts receivable, net | 23,422 | 19,540 |
| Settlements receivable, net | 36,511 | 29,922 |
| Network incentives receivable | 54,223 | 53,807 |
| Prepaid expenses and other current assets | 26,830 | 27,233 |
| Total current assets | 1,348,167 | 1,388,698 |
| Operating lease right-of-use assets, net | 5,814 | 6,488 |
| Property and equipment, net | 28,138 | 18,764 |
| Intangible assets, net | 34,167 | 35,631 |
| Goodwill | 123,523 | 123,523 |
| Other assets | 18,552 | 16,587 |
| Total assets | $1,558,361 | $1,589,691 |
| Liabilities and stockholders’ equity | ||
| Current liabilities: | ||
| Accounts payable | $916 | $1,420 |
| Revenue share payable | 189,864 | 173,645 |
| Accrued expenses and other current liabilities | 147,802 | 161,514 |
| Total current liabilities | 338,582 | 336,579 |
| Operating lease liabilities, net of current portion | 4,080 | 5,126 |
| Other liabilities | 5,034 | 4,591 |
| Total liabilities | 347,696 | 346,296 |
| Commitments and contingencies (Note 8) | ||
| Stockholders’ equity: | ||
| Preferred stock, $0.0001 par value; 100,000,000 and 100,000,000 shares authorized, no shares issued and outstanding as of March 31, 2024 and December 31, 2023, respectively | — | — |
| Common stock, $0.0001 par value: 1,500,000,000 and 1,500,000,000 Class A shares authorized, 463,779,567 and 465,985,131 shares issued and outstanding as of March 31, 2024 and December 31, 2023, respectively. 600,000,000 and 600,000,000 Class B shares authorized, 54,229,499 and 54,357,844 shares issued and outstanding as of March 31, 2024 and December 31, 2023, respectively | 52 | 52 |
| Additional paid-in capital | 2,072,692 | 2,067,776 |
| Accumulated other comprehensive income | (824) | 762 |
| Accumulated deficit | (861,255) | (825,195) |
| Total stockholders’ equity | 1,210,665 | 1,243,395 |
| Total liabilities and stockholders’ equity | $1,558,361 | $1,589,691 |
The text of this filing, as the company filed it with the SEC, without its images or exhibits. This is not investment advice.