Toast Inc
For the period ended Sep 30, 2024. Filed Nov 8, 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 8, 2024
TOST$34.52-0.7%Stored close · as of Nov 10, 2026
Extracted filing text, with the paragraph anchors used by the comparison.
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Condensed Consolidated Balance Sheets
(in millions, except per share amounts)
| September 30, 2024 | December 31, 2023 | |
|---|---|---|
| Assets: | ||
| Current assets: | ||
| Cash and cash equivalents | $761 | $605 |
| Marketable securities | 511 | 519 |
| Accounts receivable, net | 105 | 69 |
| Inventories, net | 106 | 118 |
| Other current assets | 319 | 259 |
| Total current assets | 1,802 | 1,570 |
| Property and equipment, net | 95 | 75 |
| Operating lease right-of-use assets | 31 | 36 |
| Intangible assets, net | 22 | 26 |
| Goodwill | 113 | 113 |
| Restricted cash | 56 | 55 |
| Other non-current assets | 108 | 83 |
| Total non-current assets | 425 | 388 |
| Total assets | $2,227 | $1,958 |
| Liabilities and Stockholders’ Equity: | ||
| Current liabilities: | ||
| Accounts payable | $30 | $32 |
| Deferred revenue | 62 | 39 |
| Accrued expenses and other current liabilities | 656 | 592 |
| Total current liabilities | 748 | 663 |
| Warrants to purchase common stock | 27 | 64 |
| Operating lease liabilities | 27 | 33 |
| Other long-term liabilities | 5 | 4 |
| Total liabilities | 807 | 764 |
| Commitments and Contingencies (Note 11) | ||
| Stockholders’ Equity: | ||
| Preferred stock - par value $0.000001; 100 shares authorized, no shares issued or outstanding | — | — |
| Common stock, $0.000001 par value:Class A - 7,000 shares authorized; 468 and 429 shares issued and outstanding as of September 30, 2024 and December 31, 2023, respectivelyClass B - 700 shares authorized; 97 and 114 shares issued and outstanding as of September 30, 2024 and December 31, 2023, respectively | — | — |
| Accumulated other comprehensive income | 3 | — |
| Additional paid-in capital | 3,053 | 2,817 |
| Accumulated deficit | (1,636) | (1,623) |
| Total stockholders’ equity | 1,420 | 1,194 |
| Total liabilities and stockholders’ equity | $2,227 | $1,958 |
The text of this filing, as the company filed it with the SEC, without its images or exhibits. This is not investment advice.