Grindr Inc
For the period ended Dec 31, 2024. Filed Mar 7, 2025.
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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.
FY2024 · Filed Mar 7, 2025
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
(in thousands, except share data)
| Year Ended December 31, | ||
|---|---|---|
| 2024 | 2023 | |
| Revenue | $344,636 | $259,691 |
| Operating costs and expenses | ||
| Cost of revenue (exclusive of depreciation and amortization shown separately below) | 87,579 | 67,458 |
| Selling, general and administrative expense | 114,742 | 80,417 |
| Product development expense | 32,807 | 29,327 |
| Depreciation and amortization | 16,910 | 27,041 |
| Total operating expenses | 252,038 | 204,243 |
| Income from operations | 92,598 | 55,448 |
| Other income (expense) | ||
| Interest expense, net | (25,616) | (46,007) |
| Other (expense) income, net | (715) | 85 |
| Loss on extinguishment of debt | — | (11,582) |
| Loss in fair value of warrant liability | (184,557) | (49,689) |
| Total other expense, net | (210,888) | (107,193) |
| Net loss before income tax | (118,290) | (51,745) |
| Income tax provision | 12,711 | 4,023 |
| Net loss and comprehensive loss | $(131,001) | $(55,768) |
| Net loss per share | ||
| Basic | $(0.74) | $(0.32) |
| Diluted | $(0.74) | $(0.32) |
| Weighted-average shares outstanding: | ||
| Basic | 175,880,320 | 174,170,517 |
| Diluted | 175,880,320 | 174,170,517 |
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