Cardlytics Inc

For the period ended Dec 31, 2024. Filed Mar 12, 2025.

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.

FY2024 · Filed Mar 12, 2025

CDLX$1.82-6.7%Stored close · as of Nov 9, 2026

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

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Contents

Consolidated Balance Sheets

(Amounts in thousands, except par value amounts)

	December 31,
	2024	2023
Assets
Current assets:
Cash and cash equivalents	$65,594	$91,830
Accounts receivable and contract assets, net	103,252	120,622
Other receivables	3,801	5,379
Prepaid expenses and other assets	5,336	6,097
Total current assets	177,983	223,928
Long-term assets:
Property and equipment, net	2,596	3,323
Right-of-use assets under operating leases, net	6,341	7,310
Intangible assets, net	11,371	35,003
Goodwill	159,429	277,202
Capitalized software development costs, net	33,341	24,643
Other long-term assets, net	1,650	2,735
Total assets	$392,711	$574,144
Liabilities and stockholders' equity
Current liabilities:
Accounts payable	$3,689	$4,425
Accrued liabilities:
Accrued compensation	5,494	11,662
Accrued expenses	7,175	9,587
Partner Share liability	32,479	48,867
Consumer Incentive liability	45,513	52,678
Deferred revenue	2,154	2,405
Short-term debt	45,863	—
Current operating lease liabilities	2,025	2,127
Current contingent consideration	4,563	39,398
Total current liabilities	148,955	171,149
Long-term liabilities:
Convertible senior notes, net	167,729	227,504
Line of credit	—	30,000
Long-term deferred revenue	—	67
Long-term operating lease liabilities	6,034	6,391
Long-term contingent consideration	—	4,162
Other long-term liabilities	—	73
Total liabilities	322,718	439,346
Commitments and contingencies (Note 13)
Stockholders’ equity:
Common stock, $0.0001 par value—100,000 shares authorized and 51,257 and 39,728 shares issued and outstanding as of December 31, 2024 and December 31, 2023, respectively	10	9
Additional paid-in capital	1,366,958	1,243,594
Accumulated other comprehensive income	3,601	2,467
Accumulated deficit	(1,300,576)	(1,111,272)
Total stockholders’ equity	69,993	134,798
Total liabilities and stockholders’ equity	$392,711	$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.