ACV Auctions Inc
For the period ended Jun 30, 2024. Filed Aug 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.
Jun 30, 2024 · Filed Aug 7, 2024
ACVA$10.500.0%Stored close · as of Oct 15, 2026
Extracted filing text, with the paragraph anchors used by the comparison.
See the whole filing, with its images and exhibitsContents
Condensed Consolidated Statements of Changes in Stockholders’ Equity
| Three Months Ended June 30, 2024 | |||||||||||||
|---|---|---|---|---|---|---|---|---|---|---|---|---|---|
| Common Stock Class A · Common Stock Class B · Additional Paid-In Capital · Accumulated Deficit · AccumulatedOtherComprehensive Loss · Total Stockholders' Equity | |||||||||||||
| Shares · ParValue · Shares · Par Value | |||||||||||||
| Balance, March 31, 2024 | 147,307,191 | $147 | 17,297,339 | $17 | $902,989 | $(443,086) | $(1,788) | $458,279 | |||||
| Conversion of Class B common stock to Class A common stock | 3,621,414 | 4 | (3,621,414) | (4) | — | — | — | — | |||||
| Net loss | — | — | — | — | — | (17,063) | — | (17,063) | |||||
| Other comprehensive loss | — | — | — | — | — | — | 172 | 172 | |||||
| Stock-based compensation | — | — | — | — | 15,746 | — | — | 15,746 | |||||
| Exercise of common stock options | 206,942 | — | 631,239 | 1 | 4,410 | — | — | 4,411 | |||||
| Vested restricted stock units | 381,611 | 1 | 63,094 | — | (5,927) | — | — | (5,926) | |||||
| Issuance of shares for employee stock purchase plan | 142,283 | — | — | — | 1,998 | — | — | 1,998 | |||||
| Balance as of June 30, 2024 | 151,659,441 | 152 | 14,370,258 | 14 | 919,216 | (460,149) | (1,616) | $457,617 | |||||
| Six Months Ended June 30, 2024 | ||||||||||||||||||||
|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|
| Common Stock Class A · Common Stock Class B · AccumulatedOtherComprehensive Loss | ||||||||||||||||||||
| Shares · ParValue · Shares · Par Value · Additional Paid-In Capital · Accumulated Deficit · Total Stockholders' Equity | ||||||||||||||||||||
| Balance, December 31, 2023 | 138,637,352 | $139 | 23,205,487 | $23 | $880,510 | $(422,615) | $(1,529) | $456,528 | ||||||||||||
| Conversion of Class B common stock to Class A common stock | 9,603,036 | 10 | (9,603,036) | (10) | — | — | — | - | ||||||||||||
| Net loss | — | — | — | — | — | (37,534) | — | (37,534) | ||||||||||||
| Other comprehensive income (loss) | — | — | — | — | — | — | (87) | (87) | ||||||||||||
| Stock-based compensation | — | — | — | — | 34,345 | — | — | 34,345 | ||||||||||||
| Issuance of shares for acquisitions | 1,413,075 | 1 | — | — | 8,555 | — | — | 8,556 | ||||||||||||
| Exercise of common stock options | 925,981 | 1 | 631,239 | 1 | 6,811 | — | — | 6,813 | ||||||||||||
| Vested restricted stock units | 937,714 | 1 | 136,568 | — | (13,003) | — | — | (13,002) | ||||||||||||
| Issuance of shares for employee stock purchase plan | 142,283 | — | — | — | 1,998 | — | — | 1,998 | ||||||||||||
| Balance as of June 30, 2024 | 151,659,441 | $152 | 14,370,258 | $14 | $919,216 | $(460,149) | $(1,616) | $457,617 | ||||||||||||
=
| Three Months Ended June 30, 2023 | ||||||||||||||||||||
|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|
| Common Stock Class A · Common Stock Class B · Accumulated Other Comprehensive Loss | ||||||||||||||||||||
| Shares · ParValue · Shares · Par Value · Additional Paid-In Capital · Accumulated Deficit · Total Stockholders' Equity | ||||||||||||||||||||
| Balance as of March 31, 2023 | 128,854,443 | $129 | 30,275,430 | $30 | $848,832 | $(365,554) | $(2,531) | $480,906 | ||||||||||||
| Conversion of Class B common stock to Class A common stock | 4,752,818 | 4 | (4,752,818) | (4) | — | — | — | — | ||||||||||||
| Net loss | — | — | — | — | — | (15,582) | — | (15,582) | ||||||||||||
| Other comprehensive income (loss) | — | — | — | — | — | — | (953) | (953) | ||||||||||||
| Stock-based compensation | — | — | — | — | 11,605 | — | — | 11,605 | ||||||||||||
| Exercise of common stock options | 655,392 | 1 | — | — | 1,876 | — | — | 1,877 | ||||||||||||
| Vested restricted stock units | 278,711 | 1 | 88,031 | — | (3,015) | — | — | (3,014) | ||||||||||||
| Issuance of shares for employee stock purchase plan | 175,927 | — | — | — | 1,330 | — | — | 1,330 | ||||||||||||
| Balance as of June 30, 2023 | 134,717,291 | $135 | 25,610,643 | $26 | $860,628 | $(381,136) | $(3,484) | $476,169 | ||||||||||||
| Six Months Ended June 30, 2023 | ||||||||||||||||||
|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|
| Common Stock Class A · Common Stock Class B · AccumulatedOtherComprehensive Loss | ||||||||||||||||||
| Shares · ParValue · Shares · Par Value · Additional Paid-In Capital · Accumulated Deficit · Total Stockholders' Equity | ||||||||||||||||||
| Balance, December 31, 2022 | 121,214,275 | $121 | 37,241,952 | $37 | $836,695 | $(347,354) | $(3,775) | $485,724 | ||||||||||
| Conversion of Class B common stock to Class A common stock | 11,794,939 | 11 | (11,794,939) | (11) | — | — | — | — | ||||||||||
| Net loss | — | — | — | — | — | (33,782) | — | (33,782) | ||||||||||
| Other comprehensive income (loss) | — | — | — | — | — | — | 291 | 291 | ||||||||||
| Stock-based compensation | — | — | — | — | 26,464 | — | — | 26,464 | ||||||||||
| Exercise of common stock options | 836,676 | 1 | — | — | 2,774 | — | — | 2,775 | ||||||||||
| Vested restricted stock units | 695,474 | 1 | 163,630 | - | (6,635) | — | — | (6,634) | ||||||||||
| Issuance of shares for employee stock purchase plan | 175,927 | 1 | — | — | 1,330 | — | — | 1,331 | ||||||||||
| Balance as of June 30, 2023 | 134,717,291 | $135 | 25,610,643 | $26 | $860,628 | $(381,136) | $(3,484) | $476,169 | ||||||||||
The text of this filing, as the company filed it with the SEC, without its images or exhibits. This is not investment advice.