Coursera Inc

For the period ended Dec 31, 2023. Filed Feb 22, 2024.

About 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.

FY2023 · Filed Feb 22, 2024

COUR$3.76+0.3%Stored close · as of Nov 10, 2026

Extracted filing text, with the paragraph anchors used by the comparison.

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Contents

Consolidated Balance Sheets

	December 31, 2023	December 31, 2022
Assets
Current assets:
Cash and cash equivalents	$656,321	$320,817
Marketable securities	65,746	459,654
Accounts receivable, net of allowance for credit losses of $133 and $495 as of December 31, 2023 and December 31, 2022	67,418	53,734
Deferred costs, net	26,387	24,147
Prepaid expenses and other current assets	16,614	17,636
Total current assets	832,486	875,988
Property, equipment, and software, net	30,408	27,096
Operating lease right-of-use assets	4,739	9,605
Intangible assets, net	11,720	8,553
Other assets	41,180	26,355
Total assets	$920,533	$947,597
Liabilities and Stockholders’ Equity
Current liabilities:
Educator partners payable	$101,041	$66,375
Other accounts payable and accrued expenses	23,456	23,342
Accrued compensation and benefits	22,281	21,163
Operating lease liabilities, current	6,557	8,658
Deferred revenue, current	137,229	115,701
Other current liabilities	7,696	7,202
Total current liabilities	298,260	242,441
Operating lease liabilities, non-current	39	5,791
Deferred revenue, non-current	2,861	3,076
Other liabilities	3,179	1,714
Total liabilities	304,339	253,022
Commitments and contingencies (Note 9)
Stockholders’ equity:
Preferred stock, $0.00001 par value—10,000,000 shares authorized as of December 31, 2023 and December 31, 2022; no shares issued and outstanding as of December 31, 2023 and December 31, 2022	—	—
Common stock, $0.00001 par value—300,000,000 shares authorized as of December 31, 2023 and December 31, 2022; 162,898,279 shares issued and 155,320,538 shares outstanding as of December 31, 2023, and 150,683,607 shares issued and 147,935,669 shares outstanding as of December 31, 2022	2	1
Additional paid-in capital	1,459,964	1,364,116
Treasury stock, at cost—7,577,741 and 2,747,938 shares as of December 31, 2023 and December 31, 2022	(63,154)	(4,701)
Accumulated other comprehensive income (loss)	59	(718)
Accumulated deficit	(780,677)	(664,123)
Total stockholders’ equity	616,194	694,575
Total liabilities and stockholders’ equity	$920,533	$947,597

ContentsView on SEC.gov

The text of this filing, as the company filed it with the SEC, without its images or exhibits. This is not investment advice.