Allbirds Inc
For the period ended Dec 31, 2024. Filed Mar 12, 2025.
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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 Mar 12, 2025
BIRD$1.26-6.7%Stored close · as of Nov 10, 2026
Extracted filing text, with the paragraph anchors used by the comparison.
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Consolidated Statements of Operations and Comprehensive Loss
CONSOLIDATED STATEMENTS OF OPERATIONS AND
COMPREHENSIVE LOSS
(in thousands, except share and per share amounts)
| Year Ended December 31, | ||
|---|---|---|
| 2024 | 2023 | |
| Net revenue | $189,757 | $254,065 |
| Cost of revenue | 108,693 | 149,833 |
| Gross profit | 81,064 | 104,232 |
| Operating expense: | ||
| Selling, general, and administrative expense | 133,379 | 174,044 |
| Marketing expense | 41,638 | 49,042 |
| Impairment expense | 1,800 | 27,392 |
| Restructuring expense | 1,800 | 6,757 |
| Total operating expense | 178,617 | 257,235 |
| Loss from operations | (97,553) | (153,003) |
| Net loss from sales of businesses | (432) | (2,761) |
| Interest income | 3,489 | 4,076 |
| Other income (expense) | 3,049 | (436) |
| Loss before provision for income taxes | (91,447) | (152,124) |
| Income tax provision | (1,871) | (334) |
| Net loss | $(93,318) | $(152,458) |
| Net loss per share data: | ||
| Net loss per share attributable to common stockholders, basic and diluted | $(11.87) | $(20.10) |
| Weighted average shares used in computing net loss per share attributable to common stockholders, basic and diluted | 7,862,853 | 7,583,622 |
| Other comprehensive loss: | ||
| Foreign currency translation (loss) gain | (2,345) | 276 |
| Total comprehensive loss | $(95,663) | $(152,182) |
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