GRID DYNAMICS HOLDINGS INC
For the period ended Sep 30, 2024. Filed Oct 31, 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.
Sep 30, 2024 · Filed Oct 31, 2024
GDYN$14.06+5.7%Stored close · as of Nov 10, 2026
Extracted filing text, with the paragraph anchors used by the comparison.
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Condensed Consolidated Statements of Stockholders’ Equity
UNAUDITED CONSOLIDATED STATEMENTS OF STOCKHOLDERS’ EQUITY
(In thousands)
| Common Stock · Additionalpaid-incapital · Accumulated deficit · Accumulatedothercomprehensiveincome/(loss) · Totalstockholders’equity | ||||||
|---|---|---|---|---|---|---|
| Shares · Amount | ||||||
| Balance at December 31, 2023 | 75,887 | $8 | $397,511 | $(15,886) | $1,274 | $382,907 |
| Net loss | — | — | — | (3,948) | — | (3,948) |
| Stock-based compensation | — | — | 11,339 | — | — | 11,339 |
| Exercise of stock options | 69 | — | 260 | — | — | 260 |
| Issuance of shares and payments of tax obligations resulted from net share settlement of vested stock awards | 565 | — | (7,569) | — | — | (7,569) |
| Foreign currency translation adjustment | — | — | — | — | (178) | (178) |
| Balance at March 31, 2024 | 76,521 | $8 | $401,541 | $(19,834) | $1,096 | $382,811 |
| Net loss | — | — | — | (817) | — | (817) |
| Stock-based compensation | — | — | 7,491 | — | — | 7,491 |
| Exercise of stock options | 12 | — | 55 | — | — | 55 |
| Issuance of shares and payments of tax obligations resulted from net share settlement of vested stock awards | 125 | — | (964) | — | — | (964) |
| Foreign currency translation adjustment | — | — | — | — | (127) | (127) |
| Balance at June 30, 2024 | 76,658 | $8 | $408,123 | $(20,651) | $969 | $388,449 |
| Net income | — | — | — | 4,282 | — | 4,282 |
| Stock-based compensation | — | — | 7,139 | — | — | 7,139 |
| Exercise of stock options | 66 | — | 265 | — | — | 265 |
| Issuance of shares and payments of tax obligations resulted from net share settlement of vested stock awards | 19 | — | (102) | — | — | (102) |
| Foreign currency translation adjustment | — | — | — | — | 214 | 214 |
| Balance at September 30, 2024 | 76,743 | $8 | $415,425 | $(16,369) | $1,183 | $400,247 |
| Common Stock · Additionalpaid-incapital · Accumulated deficit · Accumulatedothercomprehensiveincome/(loss) · Totalstockholders’equity | ||||||
|---|---|---|---|---|---|---|
| Shares · Amount | ||||||
| Balance at December 31, 2022 | 74,156 | $7 | $378,006 | $(14,121) | $(848) | $363,044 |
| Net loss | — | — | — | (7,970) | — | (7,970) |
| Stock-based compensation | — | — | 13,257 | — | — | 13,257 |
| Exercise of stock options | 1 | — | 10 | — | — | 10 |
| Issuance of shares and payments of tax obligations resulted from net share settlement of vested stock awards | 739 | — | (8,951) | — | — | (8,951) |
| Foreign currency translation adjustment | — | — | — | — | 495 | 495 |
| Balance at March 31, 2023 | 74,896 | $7 | $382,322 | $(22,091) | $(353) | $359,885 |
| Net income | — | — | — | 2,627 | — | 2,627 |
| Stock-based compensation | — | — | 7,153 | — | — | 7,153 |
| Exercise of stock options, net of shares withheld | 13 | — | (66) | — | — | (66) |
| Issuance of shares and payments of tax obligations resulted from net share settlement of vested stock awards | 425 | — | (4,440) | — | — | (4,440) |
| Foreign currency translation adjustment | — | — | — | — | 1,403 | 1,403 |
| Balance at June 30, 2023 | 75,334 | $7 | $384,969 | $(19,464) | $1,050 | $366,562 |
| Net income | — | — | — | 676 | — | 676 |
| Stock-based compensation | — | — | 7,267 | — | — | 7,267 |
| Exercise of stock options, net of shares withheld | 97 | — | 547 | — | — | 547 |
| Issuance of shares and payments of tax obligations resulted from net share settlement of vested stock awards | 158 | — | (1,567) | — | — | (1,567) |
| Foreign currency translation adjustment | — | — | — | — | (561) | (561) |
| Balance at September 30, 2023 | 75,589 | $7 | $391,216 | $(18,788) | $489 | $372,924 |
The text of this filing, as the company filed it with the SEC, without its images or exhibits. This is not investment advice.