Okta Inc
For the period ended Jan 31, 2024. Filed Mar 1, 2024.
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 Mar 1, 2024
OKTA$178.36+0.4%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 Statements of Stockholders’ Equity
(dollars in millions, shares in thousands)
| Class A Common Stock · Class B Common Stock · Additional Paid-in Capital · Accumulated Other Comprehensive Loss · Accumulated Deficit · Total Stockholders’ Equity | ||||||||
|---|---|---|---|---|---|---|---|---|
| Shares · Amount · Shares · Amount | ||||||||
| Balances as of January 31, 2021 | 122,824 | $— | 8,159 | $— | $1,656 | $5 | $(968) | $693 |
| Issuance of common stock in connection with business combinations | 19,190 | — | — | — | 5,409 | — | — | 5,409 |
| Issuance of common stock in connection with business combinations subject to future vesting | 1,269 | — | — | — | — | — | — | — |
| Issuance of common stock upon exercise of stock options and other activity, net | 2,552 | — | 2 | — | 54 | — | — | 54 |
| Issuance of common stock under employee stock purchase plan, net of cancellations | 186 | — | — | — | 36 | — | — | 36 |
| Issuance of common stock for settlement of restricted stock units | 2,294 | — | — | — | — | — | — | — |
| Issuance of common stock pursuant to charitable donation | 30 | — | — | — | 7 | — | — | 7 |
| Conversion of Class B common stock to Class A common stock | 1,183 | — | (1,183) | — | — | — | — | — |
| Settlement of convertible senior notes | 476 | — | — | — | 21 | — | — | 21 |
| Proceeds from hedges related to convertible senior notes | (380) | — | — | — | — | — | — | — |
| Stock-based compensation | — | — | — | — | 567 | — | — | 567 |
| Other comprehensive loss | — | — | — | — | — | (17) | — | (17) |
| Net loss | — | — | — | — | — | — | (848) | (848) |
| Balances as of January 31, 2022 | 149,624 | $— | 6,978 | $— | $7,750 | $(12) | $(1,816) | $5,922 |
| Adjustments from adoption of ASU No. 2020-06 | — | — | — | — | (528) | — | 156 | (372) |
| Forfeiture of unvested common stock issued in connection with business combinations | (14) | — | — | — | — | — | — | — |
| Issuance of common stock upon exercise of stock options and other activity, net | 965 | — | 451 | — | 17 | — | — | 17 |
| Issuance of common stock under employee stock purchase plan, net of cancellations | 492 | — | — | — | 31 | — | — | 31 |
| Issuance of common stock for settlement of restricted stock units | 2,555 | — | — | — | — | — | — | — |
| Issuance of common stock pursuant to charitable donation | 42 | — | — | — | 4 | — | — | 4 |
| Conversion of Class B common stock to Class A common stock | 129 | — | (129) | — | — | — | — | — |
| Settlement of convertible senior notes | 356 | — | — | — | 17 | — | — | 17 |
| Proceeds from hedges related to convertible senior notes | (140) | — | — | — | — | — | — | — |
| Stock-based compensation | — | — | — | — | 683 | — | — | 683 |
| Other comprehensive loss | — | — | — | — | — | (21) | — | (21) |
| Net loss | — | — | — | — | — | — | (815) | (815) |
| Balances as of January 31, 2023 | 154,009 | $— | 7,300 | $— | $7,974 | $(33) | $(2,475) | $5,466 |
| Class A Common Stock · Class B Common Stock · Additional Paid-in Capital · Accumulated Other Comprehensive Loss · Accumulated Deficit · Total Stockholders’ Equity | ||||||||
|---|---|---|---|---|---|---|---|---|
| Shares · Amount · Shares · Amount | ||||||||
| Forfeiture of unvested common stock issued in connection with business combinations | (5) | — | — | — | — | — | — | — |
| Issuance of common stock upon exercise of stock options and other activity, net | 879 | — | — | — | 15 | — | — | 15 |
| Issuance of common stock under employee stock purchase plan, net of cancellations | 794 | — | — | — | 46 | — | — | 46 |
| Issuance of common stock for settlement of restricted stock units | 4,107 | — | — | — | — | — | — | — |
| Issuance of common stock pursuant to charitable donation | 75 | — | — | — | 6 | — | — | 6 |
| Conversion of Class B common stock to Class A common stock | 9 | — | (9) | — | — | — | — | — |
| Proceeds from hedges related to convertible senior notes | (33) | — | — | — | — | — | — | — |
| Stock-based compensation | — | — | — | — | 690 | — | — | 690 |
| Settlement of warrants | — | — | — | — | (7) | — | — | (7) |
| Other comprehensive income | — | — | — | — | — | 27 | — | 27 |
| Net loss | — | — | — | — | — | — | (355) | (355) |
| Balances as of January 31, 2024 | 159,835 | — | 7,291 | — | 8,724 | (6) | (2,830) | 5,888 |
The text of this filing, as the company filed it with the SEC, without its images or exhibits. This is not investment advice.