Owlet, Inc.
For the period ended Sep 30, 2025. Filed Nov 13, 2025.
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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.
Sep 30, 2025 · Filed Nov 13, 2025
OWLT$4.34-0.5%Stored close · as of Nov 10, 2026
Extracted filing text, with the paragraph anchors used by the comparison.
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Condensed Consolidated Balance Sheets (Unaudited)
Condensed Consolidated Balance Sheets
| September 30, 2025 | December 31, 2024 | |
|---|---|---|
| Assets | ||
| Current assets: | ||
| Cash and cash equivalents | $23,760 | $20,331 |
| Restricted cash | 300 | 300 |
| Accounts receivable, net of allowance for credit losses of $691 and $653, respectively | 28,578 | 12,136 |
| Inventory | 14,528 | 10,523 |
| Prepaid expenses and other current assets | 4,472 | 2,823 |
| Total current assets | 71,638 | 46,113 |
| Property and equipment, net | 290 | 102 |
| Right of use assets, net | 82 | 138 |
| Intangible assets, net | 1,216 | 975 |
| Other assets | 1,639 | 2,187 |
| Total assets | $74,865 | $49,515 |
| Liabilities, Mezzanine Equity, and Stockholders’ Deficit | ||
| Current liabilities: | ||
| Accounts payable | $17,656 | $11,281 |
| Accrued and other expenses | 21,140 | 16,378 |
| Current portion of deferred revenues | 2,120 | 1,404 |
| Line of credit | 18,616 | 6,263 |
| Current portion of long-term and other debt | 3,406 | 1,103 |
| Total current liabilities | 62,938 | 36,429 |
| Long-term debt, net | 2,925 | 4,331 |
| Common stock warrant liabilities | 47,386 | 25,343 |
| Other long-term liabilities | 215 | 226 |
| Total liabilities | 113,464 | 66,329 |
| Commitments and contingencies (Note 5) | ||
| Mezzanine equity: | ||
| Series A convertible preferred stock, $0.0001 par value, 11,479 and 11,479 shares issued and outstanding as of September 30, 2025 and December 31, 2024, respectively | 6,651 | 5,151 |
| Series B convertible preferred stock, $0.0001 par value; 9,250 and 9,250 shares issued and outstanding as of September 30, 2025 and December 31, 2024, respectively | 4,496 | 3,452 |
| Redeemable common stock, 687,500 and 750,000 shares issued and outstanding as of September 30, 2025 and December 31, 2024, respectively | 4,397 | 4,334 |
| Total mezzanine equity | 15,544 | 12,937 |
| Stockholders’ deficit: | ||
| Common stock, $0.0001 par value, 107,142,857 shares authorized as of September 30, 2025 and December 31, 2024; 16,502,152 and 15,725,783 shares issued and outstanding as of September 30, 2025 and December 31, 2024, respectively | 2 | 2 |
| Additional paid-in capital | 244,538 | 238,442 |
| Accumulated deficit | (298,683) | (268,195) |
| Total stockholders’ deficit | (54,143) | (29,751) |
| Total liabilities, mezzanine equity, and stockholders' deficit | $74,865 | $49,515 |
The text of this filing, as the company filed it with the SEC, without its images or exhibits. This is not investment advice.