Skip to main content

Porch Group Inc

For the period ended Jun 30, 2024. Filed Aug 6, 2024.

View on SEC.gov

About this filing

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 6, 2024

PRCH$21.95+6.3%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 exhibits

Condensed Consolidated Statements of Stockholders’ Equity (Deficit) (Unaudited)

(all numbers in thousands unless otherwise stated, except per share data)

Common Stock · AdditionalPaid-inCapital · AccumulatedDeficit · AccumulatedOtherComprehensiveLoss · TotalStockholders’Equity (Deficit)
Shares · Amount
Balances as of March 31, 202497,869$10$696,240$(735,418)$(4,690)$(43,858)
Net loss———(64,323)—(64,323)
Other comprehensive loss, net of tax————(208)(208)
Stock-based compensation2,305—7,105——7,105
Exercise of stock options85—213——213
Income tax withholdings(234)—(838)——(838)
Balances as of June 30, 2024100,025$10$702,720$(799,741)$(4,898)$(101,909)
Common Stock · AdditionalPaid-inCapital · AccumulatedDeficit · AccumulatedOtherComprehensiveLoss · TotalStockholders’Equity (Deficit)
Shares · Amount
Balances as of March 31, 202397,018$10$677,426$(626,864)$(5,296)$45,276
Net loss———(86,963)—(86,963)
Other comprehensive loss, net of tax————(780)(780)
Stock-based compensation1,628—6,404——6,404
Income tax withholdings(477)—(679)——(679)
Balances as of June 30, 202398,169$10$683,151$(713,827)$(6,076)$(36,742)

Condensed Consolidated Statements of Stockholders’ Equity (Deficit) (Unaudited) – Continued

(all numbers in thousands, except share amounts)

Common Stock · AdditionalPaid-inCapital · AccumulatedDeficit · AccumulatedOtherComprehensiveLoss · TotalStockholders’Equity (Deficit)
Shares · Amount
Balances as of December 31, 202397,061$10$690,223$(722,056)$(3,860)$(35,683)
Net loss———(77,685)—(77,685)
Other comprehensive loss, net of tax————(1,038)(1,038)
Stock-based compensation2,925—12,473——12,473
Exercise of stock options328—1,027——1,027
Income tax withholdings(289)—(1,003)——(1,003)
Balances as of June 30, 2024100,02510$702,720$(799,741)$(4,898)$(101,909)
Common Stock · AdditionalPaid-inCapital · AccumulatedDeficit · AccumulatedOtherComprehensiveLoss · TotalStockholders’Equity (Deficit)
Shares · Amount
Balances as of December 31, 202298,206$10$670,537$(585,023)$(6,171)$79,353
Net loss———(125,703)—(125,703)
Other comprehensive income, net of tax————9595
Stock-based compensation1,923—13,298——13,298
Exercise of stock options5—8——8
Income tax withholdings(569)—(883)——(883)
Repurchases of common stock(1,396)——(3,101)—(3,101)
Proceeds from sale of common stock——191——191
Balances as of June 30, 202398,169$10$683,151$(713,827)$(6,076)$(36,742)
ContentsView on SEC.gov

The text of this filing, as the company filed it with the SEC, without its images or exhibits. This is not investment advice.