Owlet Inc
For the period ended Mar 31, 2024. Filed May 13, 2024.
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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 13, 2024
OWLT$4.34-0.5%Stored close · as of Nov 10, 2026
Extracted filing text, with the paragraph anchors used by the comparison.
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Condensed Consolidated Balance Sheets (Unaudited)
Condensed Consolidated Balance Sheets
| March 31, 2024 | December 31, 2023 | |
|---|---|---|
| Assets | ||
| Current assets: | ||
| Cash and cash equivalents | $18,397 | $16,557 |
| Accounts receivable, net | 11,596 | 13,973 |
| Inventory | 7,738 | 6,493 |
| Prepaid expenses and other current assets | 2,288 | 2,921 |
| Total current assets | 40,019 | 39,944 |
| Property and equipment, net | 284 | 377 |
| Right of use assets, net | 581 | 937 |
| Intangible assets, net | 2,209 | 2,210 |
| Other assets | 733 | 655 |
| Total assets | $43,826 | $44,123 |
| Liabilities, Convertible Preferred Stock, and Stockholders’ Deficit | ||
| Current liabilities: | ||
| Accounts payable | $16,064 | $13,679 |
| Accrued and other expenses | 11,003 | 15,051 |
| Current portion of deferred revenues | 1,144 | 1,166 |
| Line of credit | 7,212 | 9,250 |
| Current portion of long-term debt | 4,032 | 5,944 |
| Total current liabilities | 39,455 | 45,090 |
| Common stock warrant liabilities | 25,457 | 27,781 |
| Other long-term liabilities | 705 | 928 |
| Total liabilities | 65,617 | 73,799 |
| Commitments and contingencies (Note 5) | ||
| Series A convertible preferred stock, $0.0001 par value, 27,450 and 28,628 shares issued and outstanding as of March 31, 2024 and December 31, 2023, respectively | 8,735 | 7,855 |
| Series B convertible preferred stock, $0.0001 par value; 9,250 and 0 shares issued and outstanding as of March 31, 2024 and December 31, 2023, respectively | 2,408 | — |
| Stockholders’ deficit: | ||
| Common stock, $0.0001 par value, 107,142,857 shares authorized as of March 31, 2024 and December 31, 2023; 9,014,403 and 8,797,456 shares issued and outstanding as of March 31, 2024 and December 31, 2023, respectively. | 1 | 1 |
| Additional paid-in capital | 219,450 | 218,127 |
| Accumulated deficit | (252,385) | (255,659) |
| Total stockholders’ deficit | (32,934) | (37,531) |
| Total liabilities, convertible preferred stock, and stockholders’ deficit | $43,826 | $44,123 |
The text of this filing, as the company filed it with the SEC, without its images or exhibits. This is not investment advice.