VARONIS SYSTEMS INC
For the period ended Dec 31, 2024. Filed Feb 6, 2025.
View on SEC.govAbout this filing
A company's yearly report to the SEC, with audited financial statements. It is the fullest account a company gives of its business, its finances and the risks it sees.
FY2024 · Filed Feb 6, 2025
VRNS$48.96+0.3%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
Consolidated Statements of Changes in Stockholders’ Equity
(in thousands, except share data)
| Common stock · Additionalpaid-in capital · Accumulatedothercomprehensive income (loss) · Accumulated deficit · Totalstockholders’ equity | ||||||
|---|---|---|---|---|---|---|
| Number · Amount | ||||||
| Balance as of January 1, 2022 | 107,509,096 | $108 | $1,018,005 | $6,083 | $(427,603) | $596,593 |
| Effect of adoption of ASU 2020-06 | — | — | (30,794) | — | 8,647 | (22,147) |
| Stock-based compensation expense | — | — | 142,862 | — | — | 142,862 |
| Common stock issued under employee stock plans | 3,078,402 | 3 | 12,493 | — | — | 12,496 |
| Taxes paid related to net share settlement of equity awards | — | — | (31,076) | — | — | (31,076) |
| Repurchase of common stock | (2,914,446) | (3) | (56,442) | — | — | (56,445) |
| Unrealized loss on derivative instruments, net of tax | — | — | — | (15,363) | — | (15,363) |
| Unrealized loss on available for sale securities, net of tax | — | — | — | (277) | — | (277) |
| Net loss | — | — | — | — | (124,518) | (124,518) |
| Balance as of December 31, 2022 | 107,673,052 | 108 | 1,055,048 | (9,557) | (543,474) | 502,125 |
| Stock-based compensation expense | — | — | 139,819 | — | — | 139,819 |
| Common stock issued under employee stock plans | 2,931,316 | 2 | 12,647 | — | — | 12,649 |
| Taxes paid related to net share settlement of equity awards | — | — | (21,415) | — | — | (21,415) |
| Repurchase of common stock | (1,500,647) | (1) | (43,521) | — | — | (43,522) |
| Unrealized loss on derivative instruments, net of tax | — | — | — | (1,040) | — | (1,040) |
| Unrealized income on available for sale securities, net of tax | — | — | — | 1,948 | — | 1,948 |
| Net loss | — | — | — | — | (100,916) | (100,916) |
| Balance as of December 31, 2023 | 109,103,721 | 109 | 1,142,578 | (8,649) | (644,390) | 489,648 |
| Stock-based compensation expense | — | — | 126,682 | — | — | 126,682 |
| Common stock issued under employee stock plans | 3,397,390 | 3 | 16,079 | — | — | 16,082 |
| Taxes paid related to net share settlement of equity awards | — | — | (38,295) | — | — | (38,295) |
| Unrealized income on derivative instruments, net of tax | — | — | — | 15,423 | — | 15,423 |
| Unrealized loss on available for sale securities, net of tax | — | — | — | (4,098) | — | (4,098) |
| Common stock issued for debt conversion | 49,045 | 1 | 1,500 | — | — | 1,501 |
| Purchase of capped calls related to Convertible senior notes | — | — | (55,522) | — | — | (55,522) |
| Net loss | — | — | — | — | (95,765) | (95,765) |
| Balance as of December 31, 2024 | 112,550,156 | $113 | $1,193,022 | $2,676 | $(740,155) | $455,656 |
The text of this filing, as the company filed it with the SEC, without its images or exhibits. This is not investment advice.