Marqeta Inc
For the period ended Sep 30, 2024. Filed Nov 4, 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 Nov 4, 2024
MQ$18.59+0.8%Stored close · as of Nov 6, 2026
Extracted filing text, with the paragraph anchors used by the comparison.
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Condensed Consolidated Balance Sheets
(in thousands, except per share amounts)
| September 30,2024 | December 31,2023 | |
|---|---|---|
| Assets | ||
| Current assets: | ||
| Cash and cash equivalents | $886,417 | $980,972 |
| Restricted cash | 8,500 | 8,500 |
| Short-term investments | 217,569 | 268,724 |
| Accounts receivable, net | 26,373 | 19,540 |
| Settlements receivable, net | 11,817 | 29,922 |
| Network incentives receivable | 46,667 | 53,807 |
| Prepaid expenses and other current assets | 23,821 | 27,233 |
| Total current assets | 1,221,164 | 1,388,698 |
| Operating lease right-of-use assets, net | 4,894 | 6,488 |
| Property and equipment, net | 35,791 | 18,764 |
| Intangible assets, net | 31,238 | 35,631 |
| Goodwill | 123,523 | 123,523 |
| Other assets | 19,226 | 16,587 |
| Total assets | $1,435,836 | $1,589,691 |
| Liabilities and stockholders’ equity | ||
| Current liabilities: | ||
| Accounts payable | $1,026 | $1,420 |
| Revenue share payable | 167,081 | 173,645 |
| Accrued expenses and other current liabilities | 165,466 | 161,514 |
| Total current liabilities | 333,573 | 336,579 |
| Operating lease liabilities, net of current portion | 2,082 | 5,126 |
| Other liabilities | 4,523 | 4,591 |
| Total liabilities | 340,178 | 346,296 |
| Commitments and contingencies (Note 8) | ||
| Stockholders’ equity: | ||
| Preferred stock, $0.0001 par value; 100,000 and 100,000 shares authorized, no shares issued and outstanding as of September 30, 2024 and December 31, 2023, respectively | — | — |
| Common stock, $0.0001 par value: 1,500,000 and 1,500,000 Class A shares authorized, 467,647 and 465,985 shares issued and outstanding as of September 30, 2024 and December 31, 2023, respectively. 600,000 and 600,000 Class B shares authorized, 36,503 and 54,358 shares issued and outstanding as of September 30, 2024 and December 31, 2023, respectively | 50 | 52 |
| Additional paid-in capital | 1,865,565 | 2,067,776 |
| Accumulated other comprehensive income | 833 | 762 |
| Accumulated deficit | (770,790) | (825,195) |
| Total stockholders’ equity | 1,095,658 | 1,243,395 |
| Total liabilities and stockholders’ equity | $1,435,836 | $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.