AppLovin Corp
For the period ended Dec 31, 2023. Filed Feb 26, 2024.
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FY2023 · Filed Feb 26, 2024
APP$410.00+4.8%Stored close · as of Nov 9, 2026
Extracted filing text, with the paragraph anchors used by the comparison.
See the whole filing, with its images and exhibitsContents
Consolidated Balance Sheets
(In thousands, except share and per share data)
| December 31,2023 | December 31,2022 | |
|---|---|---|
| Assets | ||
| Current assets: | ||
| Cash and cash equivalents | $502,152 | $1,080,484 |
| Accounts receivable, net | 953,810 | 702,814 |
| Prepaid expenses and other current assets | 160,201 | 155,785 |
| Total current assets | 1,616,163 | 1,939,083 |
| Property and equipment, net | 173,331 | 78,543 |
| Operating lease right-of-use assets | 48,210 | 60,379 |
| Goodwill | 1,842,850 | 1,823,755 |
| Intangible assets, net | 1,292,635 | 1,677,660 |
| Other assets | 385,998 | 268,426 |
| Total assets | $5,359,187 | $5,847,846 |
| Liabilities, redeemable noncontrolling interest, and stockholders’ equity | ||
| Current liabilities: | ||
| Accounts payable | $371,702 | $273,196 |
| Accrued and other current liabilities | 252,202 | 147,801 |
| Licensed asset obligation | 13,054 | 15,254 |
| Short-term debt | 215,000 | 33,310 |
| Deferred revenue | 78,559 | 64,018 |
| Operating lease liabilities | 13,605 | 14,334 |
| Deferred acquisition costs, current | — | 31,045 |
| Total current liabilities | 944,122 | 578,958 |
| Non-current liabilities: | ||
| Long-term debt | 2,905,906 | 3,178,412 |
| Operating lease liabilities, non-current | 42,905 | 54,153 |
| Licensed asset obligation, non-current | — | 26,970 |
| Other non-current liabilities | 209,925 | 106,676 |
| Total liabilities | 4,102,858 | 3,945,169 |
| Commitments and contingencies (Note 5) | ||
| Redeemable noncontrolling interest | — | — |
| Stockholders’ equity: | ||
| Preferred stock, $0.00003 par value—100,000,000 shares authorized, no shares issued and outstanding as of December 31, 2023 and 2022 | — | — |
| Class A, Class B and Class F common stock, $0.00003 par value—1,700,000,000 (Class A 1,500,000,000, Class B 200,000,000, Class F nil) and 1,700,000,000 (Class A 1,500,000,000, Class B 200,000,000, Class F nil) shares authorized, 339,886,712 (Class A 268,774,090, Class B 71,112,622, Class F nil) and 373,873,683 (Class A 302,711,061, Class B 71,162,622, Class F nil) shares issued and outstanding as of December 31, 2023 and 2022, respectively | 11 | 11 |
| Additional paid-in capital | 2,134,581 | 3,155,748 |
| Accumulated other comprehensive loss | (65,274) | (83,382) |
| Accumulated deficit | (812,989) | (1,169,700) |
| Total stockholders’ equity | 1,256,329 | 1,902,677 |
| Total liabilities, redeemable noncontrolling interest, and stockholders’ equity | $5,359,187 | $5,847,846 |
The text of this filing, as the company filed it with the SEC, without its images or exhibits. This is not investment advice.