ChargePoint Holdings 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
CHPT$12.25-1.1%Stored close · as of Nov 10, 2026
Extracted filing text, with the paragraph anchors used by the comparison.
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Item 8. Consolidated Statements of Cash Flows
Consolidated Statements of Cash Flows
(in thousands)
| Year Ended January 31, | |||
|---|---|---|---|
| 2024 | 2023 | 2022 | |
| Cash flows from operating activities | |||
| Net loss | $(457,609) | $(345,108) | $(132,241) |
| Adjustments to reconcile net loss to net cash used in operating activities: | |||
| Depreciation and amortization | 28,486 | 25,050 | 16,457 |
| Non-cash operating lease cost | 4,343 | 4,739 | 4,244 |
| Stock-based compensation | 117,327 | 93,350 | 67,331 |
| Amortization of deferred contract acquisition costs | 2,859 | 2,361 | 1,786 |
| Transaction costs expensed | — | — | 7,031 |
| Change in fair value of common stock warrant liabilities | — | 24 | (47,822) |
| Change in fair value of redeemable convertible preferred stock warrant liability | — | — | (9,237) |
| Change in fair value of contingent earnout liabilities | — | — | (84,420) |
| Change in fair value of earnout liability recognized upon acquisition of ViriCiti | — | — | 2,266 |
| Inventory impairment | 70,000 | — | — |
| Reserves and other | 8,439 | 16,832 | 374 |
| Changes in operating assets and liabilities, net of effect of acquisitions: | |||
| Accounts receivable, net | 36,510 | (94,600) | (38,388) |
| Inventories | (173,661) | (39,358) | (1,991) |
| Prepaid expenses and other assets | 7,002 | (37,969) | (23,941) |
| Accounts payable, operating lease liabilities, and accrued and other liabilities | (5,466) | 55,827 | 26,092 |
| Deferred revenue | 32,829 | 51,803 | 55,281 |
| Net cash used in operating activities | (328,941) | (267,049) | (157,178) |
| Cash flows from investing activities | |||
| Purchases of property and equipment | (19,424) | (18,563) | (16,410) |
| Purchases of investments | — | (284,835) | — |
| Maturities of investments | 105,000 | 180,000 | — |
| Cash paid for acquisition, net of cash acquired | — | (2,756) | (205,330) |
| Net cash provided by (used in) investing activities | 85,576 | (126,154) | (221,740) |
| Cash flows from financing activities | |||
| Proceeds from the exercise of public warrants | — | 6,884 | 118,864 |
| Merger and PIPE financing | — | — | 511,646 |
| Payment of tax withholding obligations on settlement of earnout shares | — | — | (20,895) |
| Repayment of borrowings | — | — | (36,051) |
| Proceeds from issuance of debt, net of issuance costs | — | 293,972 | — |
| Payments of transaction costs related to Merger | — | — | (32,468) |
| Change in driver funds and amounts due to customers | 13,691 | 11,107 | 3,675 |
| Debt issuance costs related to the revolving credit facility | (2,882) | — | — |
| Settlement of contingent earnout liability | (3,537) | — | — |
| Proceeds from issuance of stock in connection with stock plans, net of withholding taxes | 12,054 | 11,446 | 4,916 |
| Proceeds from issuance of common stock in connection with ATM offerings, net of issuance costs | 287,198 | 49,450 | — |
| Net cash provided by financing activities | 306,524 | 372,859 | 549,687 |
| Effect of exchange rate changes on cash, cash equivalents, and restricted cash | 89 | (729) | (1,025) |
| Net increase (decrease) in cash, cash equivalents, and restricted cash | 63,248 | (21,073) | 169,744 |
| Year Ended January 31, | |||
|---|---|---|---|
| 2024 | 2023 | 2022 | |
| Cash, cash equivalents, and restricted cash at beginning of period | 294,562 | 315,635 | 145,891 |
| Cash, cash equivalents, and restricted cash at end of period | $357,810 | $294,562 | $315,635 |
| Supplementary cash flow information | |||
| Cash paid for interest | $10,763 | $4,929 | $346 |
| Cash paid for taxes | $1,107 | $598 | $268 |
| Supplementary cash flow information on non-cash investing and financing activities | |||
| Impact of convertible note modification | $13,225 | $— | $— |
| Right-of-use assets obtained in exchange for lease liabilities | $536 | $— | $7,991 |
| Impairment charges and accelerated depreciation of right-of-use assets due to reorganization | $(5,647) | $— | $— |
| Acquisitions of property and equipment included in accounts payable and accrued and other current liabilities | $2,095 | $1,954 | $660 |
| Vesting of early exercised stock options | $30 | $69 | $178 |
| Conversion of redeemable convertible preferred stock into common stock in connection with the reverse recapitalization | $— | $— | $615,697 |
| Reclassification of Legacy ChargePoint redeemable convertible preferred stock warrant liability upon the reverse capitalization | $— | $— | $66,606 |
| Contingent earnout liability recognized upon the closing of the reverse recapitalization | $— | $— | $828,180 |
| Reclassification of remaining contingent earnout liability upon triggering event | $— | $— | $242,640 |
| Issuance of common stock in connection with acquisitions | $— | $— | $102,057 |
The text of this filing, as the company filed it with the SEC, without its images or exhibits. This is not investment advice.