Upstart Holdings Inc
For the period ended Dec 31, 2023. Filed Feb 15, 2024.
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FY2023 · Filed Feb 15, 2024
UPST$20.41-8.3%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 Stockholders’ Equity
| Common Stock · Additional Paid-in Capital · Retained Earnings (AccumulatedDeficit) · Total Stockholders’ Equity | |||||
|---|---|---|---|---|---|
| Shares · Amount | |||||
| Balance as of December 31, 2020 | 73,314,026 | $7 | $369,467 | $(69,222) | $300,252 |
| Issuance of common stock upon exercise of stock options | 7,047,722 | — | 14,736 | — | 14,736 |
| Issuance of common stock upon settlement of restricted stock units | 32,775 | — | — | — | — |
| Exercise of common stock warrants | 72,407 | — | — | — | — |
| Stock-based compensation expense | — | — | 76,327 | — | 76,327 |
| Shares withheld related to net share settlement of restricted stock units | (1,730) | — | (236) | — | (236) |
| Issuance of common stock in connection with acquisition | 650,740 | — | 71,003 | — | 71,003 |
| Issuance of common stock in connection with follow-on offering, net of underwriting discounts, commissions, and offering costs | 2,300,000 | 1 | 263,930 | — | 263,931 |
| Issuance of common stock under employee stock purchase plan | 243,725 | — | 4,145 | — | 4,145 |
| Purchase of capped calls | — | — | (58,523) | — | (58,523) |
| Net income | — | — | — | 135,443 | 135,443 |
| Balance as of December 30, 2021 | 83,659,665 | $8 | $740,849 | $66,221 | $807,078 |
| Issuance of common stock upon exercise of stock options | 2,464,572 | 1 | 12,353 | — | 12,354 |
| Issuance of common stock upon settlement of restricted stock units | 866,717 | — | — | — | — |
| Shares withheld related to net share settlement of restricted stock units | (619) | — | (16) | — | (16) |
| Repurchase and retirement of restricted stock | (10,279) | — | — | — | — |
| Stock-based compensation expense | — | — | 131,905 | — | 131,905 |
| Issuance of common stock under employee stock purchase plan | 162,796 | — | 7,662 | — | 7,662 |
| Repurchases of stock | (5,883,176) | (1) | (177,882) | — | (177,883) |
| Net loss | — | — | — | (108,665) | (108,665) |
| Balance as of December 31, 2022 | 81,259,676 | $8 | $714,871 | $(42,444) | $672,435 |
| Issuance of common stock upon exercise of stock options | 1,441,787 | 1 | 12,880 | — | 12,881 |
| Issuance of common stock upon settlement of restricted stock units | 3,170,158 | — | — | — | — |
| Shares withheld related to net share settlement of restricted stock units | (777) | — | (15) | — | (15) |
| Stock-based compensation expense | — | — | 181,705 | — | 181,705 |
| Issuance of common stock under employee stock purchase plan | 459,459 | — | 8,431 | — | 8,431 |
| Net loss | — | — | — | (240,132) | (240,132) |
| Balance as of December 31, 2023 | 86,330,303 | $9 | $917,872 | $(282,576) | $635,305 |
The text of this filing, as the company filed it with the SEC, without its images or exhibits. This is not investment advice.