Grindr Inc
For the period ended Dec 31, 2023. Filed Mar 11, 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 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.
See the whole filing, with its images and exhibitsContents
Consolidated Statements of Stockholders' Deficit) Equity
(in thousands, except per share amounts and share data)
| Preferred Stock(Par value $0.0001) · Common Stock(Par value $0.0001) · Treasury Stock · Additional paid-in capital · Accumulated deficit · Total stockholders’ (deficit) equity | |||||||||
|---|---|---|---|---|---|---|---|---|---|
| Shares · Amount · Shares · Amount · Shares · Amount | |||||||||
| Balance at December 31, 2021 | — | — | 155,541,074 | 16 | — | — | 269,116 | (5,895) | 263,237 |
| Net income | — | — | — | — | — | — | — | 852 | 852 |
| Member distributions | — | — | — | — | — | — | (367,114) | — | (367,114) |
| Interest on the promissory note to a member | — | — | — | — | — | — | (2,842) | — | (2,842) |
| Repayment of promissory note to a member | — | — | — | — | — | — | 11,167 | — | 11,167 |
| Payment of interest on promissory note to member | — | — | — | — | — | — | 4,642 | — | 4,642 |
| Downward merger of San Vicente entities | — | — | — | — | — | — | 26,667 | — | 26,667 |
| Issuance of Common Stock in the Business Combination, net of transaction costs | — | — | 7,385,233 | — | — | — | (65,983) | — | (65,983) |
| Exercise of Forward Purchase Agreement | — | — | 10,000,000 | 1 | — | — | 102,829 | — | 102,830 |
| Related party unit-based compensation | — | — | — | — | — | — | 25,076 | — | 25,076 |
| Stock-based compensation expense | — | — | — | — | — | — | 3,497 | — | 3,497 |
| Exercise of stock options | — | — | 598,053 | — | — | — | 2,023 | — | 2,023 |
| Balance at December 31, 2022 | — | $— | 173,524,360 | $17 | — | $— | $9,078 | $(5,043) | $4,052 |
| Net loss | — | — | — | — | — | — | — | (55,768) | (55,768) |
| Interest on the promissory note to a member | — | — | — | — | — | — | (282) | — | (282) |
| Repayment of promissory note to a member | — | — | — | — | — | — | 18,833 | — | 18,833 |
| Payment of interest on promissory note to member | — | — | — | — | — | — | 520 | — | 520 |
| Pre-Closing entity income tax adjustment | — | — | — | — | — | — | (148) | — | (148) |
| Stock-based compensation expense | — | — | — | — | — | — | 13,936 | — | 13,936 |
| Vested restricted stock units | — | — | 1,096,319 | 1 | — | — | (1) | — | — |
| Repurchase of common stock for net settlement of equity awards | — | — | — | — | 357,240 | (2,154) | — | — | (2,154) |
| Exercise of stock options | — | — | 757,032 | — | — | — | 2,719 | — | 2,719 |
| Balance at December 31, 2023 | — | $— | 175,377,711 | $18 | 357,240 | $(2,154) | $44,655 | $(60,811) | $(18,292) |
The text of this filing, as the company filed it with the SEC, without its images or exhibits. This is not investment advice.