Upstart Holdings Inc
For the period ended Jun 30, 2024. Filed Aug 7, 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.
Jun 30, 2024 · Filed Aug 7, 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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Condensed Consolidated Statements of Stockholders’ Equity
| Three Months Ended June 30, 2023 | |||||
|---|---|---|---|---|---|
| Common Stock · Additional Paid-in Capital · AccumulatedDeficit · Total Stockholders’ Equity | |||||
| Shares · Amount | |||||
| Balance as of March 31, 2023 | 82,600,748 | $8 | $798,898 | $(171,698) | $627,208 |
| Issuance of common stock upon exercise of stock options | 439,600 | — | 5,135 | — | 5,135 |
| Issuance of common stock upon settlement of restricted stock units | 771,183 | — | — | — | — |
| Shares withheld related to net share settlement of restricted stock units | (47) | — | (1) | — | (1) |
| Stock-based compensation expense | — | — | 33,968 | — | 33,968 |
| Net loss | — | — | — | (28,165) | (28,165) |
| Balance as of June 30, 2023 | 83,811,484 | $8 | $838,000 | $(199,863) | $638,145 |
| Six Months Ended June 30, 2023 | |||||
|---|---|---|---|---|---|
| Common Stock · Additional Paid-in Capital · AccumulatedDeficit · Total Stockholders’ Equity | |||||
| Shares · Amount | |||||
| 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 | 770,693 | — | 6,672 | — | 6,672 |
| Issuance of common stock upon settlement of restricted stock units | 1,469,356 | — | — | — | — |
| Shares withheld related to net share settlement of restricted stock units | (375) | — | (6) | — | (6) |
| Stock-based compensation expense | — | — | 110,735 | — | 110,735 |
| Issuance of common stock under employee stock purchase plan | 312,134 | — | 5,728 | — | 5,728 |
| Net loss | — | — | — | (157,419) | (157,419) |
| Balance as of June 30, 2023 | 83,811,484 | $8 | $838,000 | $(199,863) | $638,145 |
| Three Months Ended June 30, 2024 | |||||
|---|---|---|---|---|---|
| Common Stock · Additional Paid-in Capital · Accumulated Deficit · Total Stockholders’ Equity | |||||
| Shares · Amount | |||||
| Balance as of March 31, 2024 | 87,805,393 | $9 | $959,963 | $(347,174) | $612,798 |
| Issuance of common stock upon exercise of stock options | 269,134 | — | 1,015 | — | 1,015 |
| Issuance of common stock upon settlement of restricted stock units | 1,009,681 | — | — | — | — |
| Shares withheld related to net share settlement of restricted stock units | (28) | — | (1) | — | (1) |
| Stock-based compensation expense | — | — | 35,368 | — | 35,368 |
| Net loss | — | — | — | (54,470) | (54,470) |
| Balance as of June 30, 2024 | 89,084,180 | $9 | $996,345 | $(401,644) | $594,710 |
Condensed Consolidated Statements of Stockholders’ Equity
| Six Months Ended June 30, 2024 | |||||
|---|---|---|---|---|---|
| Common Stock · Additional Paid-in Capital · Accumulated Deficit · Total Stockholders’ Equity | |||||
| Shares · Amount | |||||
| Balance as of December 31, 2023 | 86,330,303 | $9 | $917,872 | $(282,576) | $635,305 |
| Issuance of common stock upon exercise of stock options | 621,102 | — | 2,219 | — | 2,219 |
| Issuance of common stock upon settlement of restricted stock units | 1,934,708 | — | — | — | — |
| Shares withheld related to net share settlement of restricted stock units | (66) | — | (2) | — | (2) |
| Stock-based compensation expense | — | — | 71,691 | — | 71,691 |
| Issuance of common stock under employee stock purchase plan | 198,133 | — | 4,565 | — | 4,565 |
| Net loss | — | — | — | (119,068) | (119,068) |
| Balance as of June 30, 2024 | 89,084,180 | $9 | $996,345 | $(401,644) | $594,710 |
The text of this filing, as the company filed it with the SEC, without its images or exhibits. This is not investment advice.