Arlo Technologies Inc
For the period ended Jun 30, 2024. Filed Aug 8, 2024.
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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.
Jun 30, 2024 · Filed Aug 8, 2024
ARLO$12.32+1.5%Stored close · as of Nov 10, 2026
Extracted filing text, with the paragraph anchors used by the comparison.
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Unaudited Condensed Consolidated Statements of Stockholders’ Equity
| Three Months Ended | Six Months Ended | |||
|---|---|---|---|---|
| June 30,2024 | July 2,2023 | June 30,2024 | July 2,2023 | |
| (In thousands) | ||||
| Total stockholders’ equity, beginning balances | $99,937 | $86,251 | $103,276 | $87,695 |
| Common stock: | ||||
| Beginning balances | $97 | $91 | $95 | $89 |
| Issuance of common stock under stock-based compensation plans | 2 | 4 | 5 | 7 |
| Restricted stock unit withholdings | (1) | (1) | (2) | (2) |
| Ending balances | $98 | $94 | $98 | $94 |
| Additional paid-in capital: | ||||
| Beginning balances | $476,665 | $445,809 | $470,322 | $433,138 |
| Stock-based compensation expense | 17,299 | 9,997 | 30,523 | 20,622 |
| Settlement of liability classified restricted stock units | — | — | 6,903 | 6,739 |
| Issuance of common stock under stock-based compensation plans | 113 | 2,986 | 683 | 2,986 |
| Issuance of common stock under Employee Stock Purchase Plan | 1,692 | 1,617 | 1,692 | 1,617 |
| Restricted stock unit withholdings | (8,125) | (11,866) | (22,479) | (16,559) |
| Ending balances | $487,644 | $448,543 | $487,644 | $448,543 |
| Accumulated deficit: | ||||
| Beginning balances | $(377,105) | $(359,670) | $(367,461) | $(345,425) |
| Net loss | (11,560) | (7,363) | (21,204) | (21,608) |
| Ending balances | $(388,665) | $(367,033) | $(388,665) | $(367,033) |
| Accumulated other comprehensive income: | ||||
| Beginning balances | $280 | $21 | $320 | $(107) |
| Other comprehensive income (loss), net of tax | (89) | 131 | (129) | 259 |
| Ending balances | $191 | $152 | $191 | $152 |
| Total stockholders’ equity, ending balances | $99,268 | $81,756 | $99,268 | $81,756 |
| Common stock shares: | ||||
| Beginning balances | 97,202 | 90,785 | 95,380 | 88,887 |
| Issuance of common stock under stock-based compensation plans | 1,563 | 3,976 | 4,784 | 7,141 |
| Issuance of common stock under Employee Stock Purchase Plan | 233 | 460 | 233 | 460 |
| Restricted stock unit withholdings | (672) | (1,567) | (2,071) | (2,834) |
| Ending balances | 98,326 | 93,654 | 98,326 | 93,654 |
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