Grindr Inc
For the period ended Dec 31, 2023. Filed Mar 11, 2024.
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FY2023 · Filed Mar 11, 2024
GRND$13.47+0.7%Stored close · as of Nov 10, 2026
Extracted filing text, with the paragraph anchors used by the comparison.
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Consolidated Statements of Operations and Comprehensive Loss) Income
(in thousands, except per share data)
| Year Ended December 31, | ||
|---|---|---|
| 2023 | 2022 | |
| Revenue | $259,691 | $195,015 |
| Operating costs and expenses | ||
| Cost of revenue (exclusive of depreciation and amortization shown separately below) | 67,458 | 51,280 |
| Selling, general and administrative expense | 80,417 | 75,295 |
| Product development expense | 29,327 | 17,900 |
| Depreciation and amortization | 27,041 | 37,505 |
| Total operating expenses | 204,243 | 181,980 |
| Income from operations | 55,448 | 13,035 |
| Other income (expense) | ||
| Interest expense, net | (46,007) | (31,538) |
| Other income (expense), net | 85 | (2,799) |
| Loss on extinguishment of debt | (11,582) | — |
| (Loss) gain in fair value of warrant liability | (49,689) | 21,295 |
| Total other expense, net | (107,193) | (13,042) |
| Net loss before income tax | (51,745) | (7) |
| Income tax provision (benefit) | 4,023 | (859) |
| Net (loss) income and comprehensive (loss) income | $(55,768) | $852 |
| Net (loss) income per share | ||
| Basic | $(0.32) | $0.01 |
| Diluted | $(0.32) | $0.01 |
| Weighted-average shares outstanding: | ||
| Basic | 174,170,517 | 157,882,535 |
| Diluted | 174,170,517 | 159,166,872 |
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