Coursera Inc
For the period ended Dec 31, 2024. Filed Feb 24, 2025.
View on SEC.govAbout 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.
FY2024 · Filed Feb 24, 2025
COUR$3.76+0.3%Stored close · as of Nov 10, 2026
Extracted filing text, with the paragraph anchors used by the comparison.
See the whole filing, with its images and exhibitsContents
Consolidated Balance Sheets
(In thousands, except share and per share amounts)
| December 31, 2024 | December 31, 2023 | |
|---|---|---|
| Assets | ||
| Current assets: | ||
| Cash and cash equivalents | $726,125 | $656,321 |
| Marketable securities | — | 65,746 |
| Accounts receivable, net of allowance for credit losses of $34 and $133 as of December 31, 2024 and December 31, 2023 | 59,685 | 67,418 |
| Deferred costs, net | 24,667 | 26,387 |
| Prepaid expenses and other current assets | 20,177 | 16,614 |
| Total current assets | 830,654 | 832,486 |
| Property, equipment, and software, net | 36,899 | 30,408 |
| Operating lease right-of-use assets | 2,967 | 4,739 |
| Intangible assets, net | 24,521 | 11,720 |
| Other assets | 35,233 | 41,180 |
| Total assets | $930,274 | $920,533 |
| Liabilities and Stockholders’ Equity | ||
| Current liabilities: | ||
| Educator partners payable | $101,869 | $101,041 |
| Other accounts payable and accrued expenses | 21,375 | 23,456 |
| Accrued compensation and benefits | 31,627 | 22,281 |
| Operating lease liabilities, current | 43 | 6,557 |
| Deferred revenue, current | 159,741 | 137,229 |
| Other current liabilities | 12,818 | 7,696 |
| Total current liabilities | 327,473 | 298,260 |
| Operating lease liabilities, non-current | 3,021 | 39 |
| Deferred revenue, non-current | 1,555 | 2,861 |
| Other liabilities | 805 | 3,179 |
| Total liabilities | 332,854 | 304,339 |
| Commitments and contingencies (Note 9) | ||
| Stockholders’ equity: | ||
| Preferred stock, $0.00001 par value—10,000,000 shares authorized as of December 31, 2024 and December 31, 2023; no shares issued and outstanding as of December 31, 2024 and December 31, 2023 | — | — |
| Common stock, $0.00001 par value—300,000,000 shares authorized as of December 31, 2024 and December 31, 2023; 165,312,016 shares issued and 160,069,528 shares outstanding as of December 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 | 1,506,654 | 1,459,964 |
| Treasury stock, at cost—5,242,488 and 7,577,741 shares as of December 31, 2024 and December 31, 2023 | (49,029) | (63,154) |
| Accumulated other comprehensive income | — | 59 |
| Accumulated deficit | (860,207) | (780,677) |
| Total stockholders’ equity | 597,420 | 616,194 |
| Total liabilities and stockholders’ equity | $930,274 | $920,533 |
The text of this filing, as the company filed it with the SEC, without its images or exhibits. This is not investment advice.