Opendoor Technologies Inc
For the period ended Dec 31, 2023. Filed Feb 15, 2024.
View on SEC.govAbout this filing
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.
FY2023 · Filed Feb 15, 2024
OPEN$1.31-7.1%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 Changes in Shareholders’ Equity (Deficit)
(In millions, except number of shares)
| Shareholders’ Equity (Deficit) | ||||||
|---|---|---|---|---|---|---|
| Common Stock · AdditionalPaid-inCapital · AccumulatedDeficit · AccumulatedOtherComprehensiveLoss · TotalShareholders’Equity (Deficit) | ||||||
| Shares · Amount | ||||||
| BALANCE-December 31, 2020 | 540,714,692 | $— | $2,596 | $(1,043) | $— | $1,553 |
| Issuance of common stock in connection with the February 2021 Offering | 32,817,421 | — | 857 | — | — | 857 |
| Vesting of restricted shares | 1,370,447 | — | — | — | — | — |
| Issuance of common stock for settlement of RSUs, net of shares withheld for participant taxes | 24,004,565 | — | — | — | — | — |
| Common stock issued upon exercise of warrants | 8,200,151 | — | 58 | — | — | 58 |
| Exercise of stock options | 8,919,289 | — | 15 | — | — | 15 |
| Purchases of Capped Calls related to the 2026 Notes | — | — | (119) | — | — | (119) |
| Stock-based compensation | — | — | 548 | — | — | 548 |
| Other comprehensive loss | — | — | — | — | (2) | (2) |
| Net loss | — | — | — | (662) | — | (662) |
| BALANCE–December 31, 2021 | 616,026,565 | $— | $3,955 | $(1,705) | $(2) | $2,248 |
CONSOLIDATED STATEMENTS OF CHANGES IN SHAREHOLDERS’ EQUITY (DEFICIT)
(In millions, except number of shares)
| Shareholders’ Equity (Deficit) | ||||||
|---|---|---|---|---|---|---|
| Common Stock · AdditionalPaid-inCapital · AccumulatedDeficit · AccumulatedOtherComprehensiveLoss · TotalShareholders’Equity (Deficit) | ||||||
| Shares · Amount | ||||||
| BALANCE–December 31, 2021 | 616,026,565 | $— | $3,955 | $(1,705) | $(2) | $2,248 |
| Vesting of restricted shares | 628,193 | — | — | — | — | — |
| Issuance of common stock for settlement of RSUs, net of shares withheld for participant taxes | 17,279,891 | — | — | — | — | — |
| Exercise of stock options | 2,958,586 | — | 4 | — | — | 4 |
| Issuance of common stock under employee stock purchase plan, net of shares withheld for participant taxes | 493,790 | — | 2 | — | — | 2 |
| Stock-based compensation | — | — | 187 | — | — | 187 |
| Other comprehensive loss | — | — | — | — | (2) | (2) |
| Net loss | — | — | — | (1,353) | — | (1,353) |
| BALANCE–December 31, 2022 | 637,387,025 | $— | $4,148 | $(3,058) | $(4) | $1,086 |
| Issuance of common stock for settlement of RSUs, net of shares withheld for participant taxes | 35,562,197 | — | (1) | — | — | (1) |
| Exercise of stock options | 2,535,147 | — | 3 | — | — | 3 |
| Issuance of common stock under employee stock purchase plan, net of shares withheld for participant taxes | 2,151,794 | — | 2 | — | — | 2 |
| Stock-based compensation | — | — | 149 | — | — | 149 |
| Other comprehensive income | — | — | — | — | 3 | 3 |
| Net loss | — | — | — | (275) | — | (275) |
| BALANCE–December 31, 2023 | 677,636,163 | $— | $4,301 | $(3,333) | $(1) | $967 |
The text of this filing, as the company filed it with the SEC, without its images or exhibits. This is not investment advice.