Cardlytics Inc

For the period ended Sep 30, 2024. Filed Nov 6, 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.

Sep 30, 2024 · Filed Nov 6, 2024

CDLX$1.63-10.4%Stored close · as of Nov 10, 2026

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Contents

Condensed Consolidated Balance Sheets (Unaudited)

(Amounts in thousands, except par value amounts)

	September 30, 2024	December 31, 2023
Assets
Current assets:
Cash and cash equivalents	$66,988	$91,830
Accounts receivable and contract assets, net	105,587	120,622
Other receivables	3,968	5,379
Prepaid expenses and other assets	6,787	6,097
Total current assets	183,330	223,928
Long-term assets:
Property and equipment, net	2,847	3,323
Right-of-use assets under operating leases, net	6,933	7,310
Intangible assets, net	12,826	35,003
Goodwill	159,429	277,202
Capitalized software development costs, net	31,859	24,643
Other long-term assets, net	2,169	2,735
Total assets	$399,393	$574,144
Liabilities and stockholders' equity
Current liabilities:
Accounts payable	$3,927	$4,425
Accrued liabilities:
Accrued compensation	8,250	11,662
Accrued expenses	8,359	9,587
Short-term debt	45,789	—
Partner Share liability	30,783	48,867
Consumer Incentive liability	49,912	52,678
Deferred revenue	2,064	2,405
Current operating lease liabilities	2,361	2,127
Current contingent consideration	4,463	39,398
Total current liabilities	155,908	171,149
Long-term liabilities:
Convertible senior notes, net	167,448	227,504
Long-term operating lease liabilities	6,323	6,391
Long-term deferred revenue	—	67
Line of Credit	—	30,000
Long-term contingent consideration	—	4,162
Other long-term liabilities	17	73
Total liabilities	$329,696	$439,346
Stockholders’ equity:
Common stock, $0.0001 par value—100,000 shares authorized, 50,342 and 39,728 shares issued and outstanding as of September 30, 2024 and December 31, 2023, respectively	$9	$9
Additional paid-in capital	1,356,173	1,243,594
Accumulated other comprehensive (loss) income	(1,498)	2,467
Accumulated deficit	(1,284,987)	(1,111,272)
Total stockholders’ equity	69,697	134,798
Total liabilities and stockholders’ equity	$399,393	$574,144

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.