Remitly Global Inc
For the period ended Dec 31, 2023. Filed Feb 23, 2024.
View on SEC.govAbout this filing
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FY2023 · Filed Feb 23, 2024
RELY$23.48-2.0%Stored close · as of Nov 10, 2026
Extracted filing text, with the paragraph anchors used by the comparison.
See the whole filing, with its images and exhibitsContents
Consolidated Statements of Stockholders’ Equity (Deficit)
Consolidated Statements of Stockholders’ Equity (Deficit) and Redeemable Convertible Preferred Stock
(In thousands, except share data)
| Year Ended December 31, 2023 | ||||||||
|---|---|---|---|---|---|---|---|---|
| Redeemable ConvertiblePreferred Stock · Common Stock · AdditionalPaid-inCapital · AccumulatedOtherComprehensiveIncome (Loss) · Accumulated Deficit · Total Stockholders' Equity | ||||||||
| Shares · Amount · Shares · Amount | ||||||||
| Balance as of January 1, 2023 | — | $— | 173,250,865 | $17 | $854,276 | $(743) | $(373,463) | $480,087 |
| Issuance of common stock in connection with ESPP | — | — | 631,574 | — | 6,132 | — | — | 6,132 |
| Issuance of common stock upon exercise of stock options, including early exercised options, and vesting of restricted stock units | — | — | 14,009,751 | 2 | 14,665 | — | — | 14,667 |
| Donation of common stock | — | — | 181,961 | — | 4,600 | — | — | 4,600 |
| Issuance of common stock for acquisition consideration | — | — | 590,838 | — | 6,635 | — | — | 6,635 |
| Issuance of common stock, subject to service-based vesting conditions, in connection with acquisition | — | — | 104,080 | — | 581 | — | — | 581 |
| Taxes paid related to net shares settlement of equity awards | — | — | (333,117) | — | (6,702) | — | — | (6,702) |
| Stock-based compensation expense | — | — | — | — | 140,099 | — | — | 140,099 |
| Other comprehensive income | — | — | — | — | — | 1,078 | — | 1,078 |
| Net loss | — | — | — | — | — | — | (117,840) | (117,840) |
| Balance as of December 31, 2023 | — | $— | 188,435,952 | $19 | $1,020,286 | $335 | $(491,303) | $529,337 |
| Year Ended December 31, 2022 | ||||||||
| Redeemable ConvertiblePreferred Stock · Common Stock · AdditionalPaid-inCapital · AccumulatedOtherComprehensiveIncome (Loss) · AccumulatedDeficit · TotalStockholders' Equity | ||||||||
| Shares · Amount · Shares · Amount | ||||||||
| Balance as of January 1, 2022 | — | $— | 164,239,555 | $16 | $739,503 | $253 | $(259,444) | $480,328 |
| Issuance of common stock in connection with ESPP | — | — | 379,674 | — | 3,516 | — | — | 3,516 |
| Issuance of common stock upon exercise of stock options, including early exercised options, and vesting of restricted stock units | — | — | 8,458,814 | 1 | 12,270 | — | — | 12,271 |
| Donation of common stock | — | — | 181,961 | — | 1,972 | — | — | 1,972 |
| Taxes paid related to net shares settlement of equity awards | — | — | (9,139) | — | (99) | — | — | (99) |
| Stock-based compensation expense | — | — | — | — | 97,114 | — | — | 97,114 |
| Other comprehensive loss | — | — | — | — | — | (996) | — | (996) |
| Net loss | — | — | — | — | — | — | (114,019) | (114,019) |
| Balance as of December 31, 2022 | — | $— | 173,250,865 | $17 | $854,276 | $(743) | $(373,463) | $480,087 |
| The accompanying notes are an integral part of these consolidated financial statements. | ||||||||
| REMITLY GLOBAL, INC. | ||||||||
|---|---|---|---|---|---|---|---|---|
| Consolidated Statements of Stockholders’ Equity (Deficit) and Redeemable Convertible Preferred Stock | ||||||||
| (In thousands, except share data) | ||||||||
| Year Ended December 31, 2021 | ||||||||
| Redeemable ConvertiblePreferred Stock · Common Stock · AdditionalPaid-inCapital · AccumulatedOtherComprehensiveIncome · AccumulatedDeficit · TotalStockholders'Equity | ||||||||
| Shares · Amount · Shares · Amount | ||||||||
| Balance as of January 1, 2021 | 127,082,605 | $387,707 | 24,289,906 | $2 | $8,766 | $591 | $(220,688) | $(211,329) |
| Issuance of Series F redeemable convertible preferred stock, net of issuance costs | 328,026 | 2,980 | — | — | — | — | — | — |
| Repayment of non-recourse promissory note | — | — | — | — | 3,060 | — | — | 3,060 |
| Conversion of redeemable convertible preferred stock to common stock in connection with initial public offering | (127,410,631) | (390,687) | 127,410,631 | 13 | 390,674 | — | — | 390,687 |
| Issuance of common stock upon initial public offering and private placements, net of offering costs, underwriting discounts and commissions | — | — | 7,581,395 | — | 305,191 | — | — | 305,191 |
| Donation of common stock | — | — | 181,961 | — | 6,933 | — | — | 6,933 |
| Issuance of common stock upon exercise of warrants | — | — | 254,014 | — | — | — | — | — |
| Issuance of common stock upon exercise of stock options, including early exercised options, and vesting of restricted stock units | — | — | 4,495,889 | 1 | 7,420 | — | — | 7,421 |
| Issuance of common stock | — | — | 25,759 | — | 169 | — | — | 169 |
| Stock-based compensation expense | — | — | — | — | 17,290 | — | — | 17,290 |
| Other comprehensive loss | — | — | — | — | — | (338) | — | (338) |
| Net loss | — | — | — | — | — | — | (38,756) | (38,756) |
| Balance as of December 31, 2021 | — | $— | 164,239,555 | $16 | $739,503 | $253 | $(259,444) | $480,328 |
The text of this filing, as the company filed it with the SEC, without its images or exhibits. This is not investment advice.