Braze Inc
For the period ended Jan 31, 2024. Filed Apr 1, 2024.
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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 Apr 1, 2024
BRZE$46.24+0.3%Stored close · as of Nov 10, 2026
Extracted filing text, with the paragraph anchors used by the comparison.
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Consolidated Balance Sheets at January 31, 202 and
(in thousands, except share and per share amounts)
| January 31, | ||
|---|---|---|
| 2024 | 2023 | |
| ASSETS | ||
| CURRENT ASSETS: | ||
| Cash and cash equivalents | $68,228 | $68,587 |
| Restricted cash, current | 3,373 | — |
| Accounts receivable, net of allowance of $2,772 and $1,613 at January 31, 2024 and January 31, 2023, respectively | 92,256 | 78,338 |
| Marketable securities | 407,898 | 410,083 |
| Prepaid expenses and other current assets | 29,366 | 26,163 |
| Total current assets | 601,121 | 583,171 |
| Restricted cash, noncurrent | 530 | 4,036 |
| Property and equipment, net | 29,358 | 20,339 |
| Operating lease right-of-use assets | 81,163 | 46,261 |
| Deferred contract costs | 63,661 | 48,451 |
| Goodwill | 28,448 | — |
| Intangible assets, net | 3,690 | 500 |
| Other assets | 2,970 | 2,648 |
| TOTAL ASSETS | $810,941 | $705,406 |
| LIABILITIES, REDEEMABLE NON-CONTROLLING INTEREST, AND STOCKHOLDERS' EQUITY | ||
| CURRENT LIABILITIES: | ||
| Accounts payable | $6,321 | $3,101 |
| Accrued expenses and other current liabilities | 63,264 | 37,415 |
| Deferred revenue | 204,269 | 166,092 |
| Operating lease liabilities, current | 15,585 | 10,695 |
| Total current liabilities | 289,439 | 217,303 |
| Operating lease liabilities, noncurrent | 75,027 | 40,590 |
| Other long-term liabilities | 2,050 | 755 |
| TOTAL LIABILITIES | 366,516 | 258,648 |
| COMMITMENTS AND CONTINGENCIES (Note 13) | ||
| Redeemable non-controlling interest (Note 4) | 192 | 1,455 |
| STOCKHOLDERS’ EQUITY | ||
| Class A common stock, $0.0001 par value; 2,000,000,000 and 2,000,000,000 shares authorized as of January 31, 2024 and January 31, 2023, respectively; 73,037,015 and 61,585,973 shares issued and outstanding as of January 31, 2024 and January 31, 2023, respectively | 7 | 6 |
| Class B common stock, $0.0001 par value; 110,000,000 and 110,000,000 shares authorized as of January 31, 2024 and January 31, 2023, respectively; 27,173,408 and 34,389,453 shares issued and outstanding as of January 31, 2024 and January 31, 2023, respectively | 3 | 4 |
| Additional paid-in capital | 928,494 | 806,044 |
| Accumulated other comprehensive loss | (1,178) | (6,824) |
| Accumulated deficit | (483,093) | (353,927) |
| TOTAL STOCKHOLDERS’ EQUITY | 444,233 | 445,303 |
| TOTAL LIABILITIES, REDEEMABLE NON-CONTROLLING INTEREST, AND STOCKHOLDERS’ EQUITY | $810,941 | $705,406 |
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