Coursera Inc

For the period ended Mar 31, 2024. Filed May 2, 2024.

About this filing

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.

Mar 31, 2024 · Filed May 2, 2024

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

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Contents

Condensed Consolidated Balance Sheets (Unaudited)

Condensed Consolidated Balance Sheets

	March 31, 2024	December 31, 2023
Assets
Current assets:
Cash and cash equivalents	$725,363	$656,321
Marketable securities	—	65,746
Accounts receivable, net of allowance for credit losses of $589 and $133 as of March 31, 2024 and December 31, 2023	58,254	67,418
Deferred costs, net	25,201	26,387
Prepaid expenses and other current assets	24,429	16,614
Total current assets	833,247	832,486
Property, equipment, and software, net	31,109	30,408
Operating lease right-of-use assets	3,206	4,739
Intangible assets, net	12,610	11,720
Other assets	36,131	41,180
Total assets	$916,303	$920,533
Liabilities and Stockholders’ Equity
Current liabilities:
Educator partners payable	$103,258	$101,041
Other accounts payable and accrued expenses	20,401	23,456
Accrued compensation and benefits	18,320	22,281
Operating lease liabilities, current	4,365	6,557
Deferred revenue, current	148,382	137,229
Other current liabilities	7,861	7,696
Total current liabilities	302,587	298,260
Operating lease liabilities, non-current	—	39
Deferred revenue, non-current	2,177	2,861
Other liabilities	2,425	3,179
Total liabilities	307,189	304,339
Commitments and contingencies (Note 9)
Stockholders’ equity:
Preferred stock, $0.00001 par value—10,000,000 shares authorized and no shares issued and outstanding as of March 31, 2024 and December 31, 2023	—	—
Common stock, $0.00001 par value—300,000,000 shares authorized as of March 31, 2024 and December 31, 2023; 165,168,002 shares issued and 157,158,478 shares outstanding as of March 31, 2024, and 162,898,279 shares issued and 155,320,538 shares outstanding as of December 31, 2023	2	2
Additional paid-in capital	1,480,238	1,459,964
Treasury stock, at cost— 8,009,524 and 7,577,741 shares as of March 31, 2024 andDecember 31, 2023	(69,193)	(63,154)
Accumulated other comprehensive income	—	59
Accumulated deficit	(801,933)	(780,677)
Total stockholders’ equity	609,114	616,194
Total liabilities and stockholders’ equity	$916,303	$920,533

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.