Cricut Inc
For the period ended Dec 31, 2023. Filed Mar 6, 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 6, 2024
CRCT$8.67-1.4%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’ Equity
(in thousands, except share amounts)
| Common Stock · AdditionalPaid-InCapital · Retained Earnings (AccumulatedDeficit) · Accumulated OtherComprehensiveIncome (Loss) · TotalStockholders’Equity | ||||||
|---|---|---|---|---|---|---|
| Shares · Amount | ||||||
| Balance as of December 31, 2020 | 208,116,104 | $208 | $412,741 | $(184,033) | $9 | $228,925 |
| Net Income | — | — | — | 140,473 | — | 140,473 |
| Capital contributions | — | — | 200 | — | — | 200 |
| Initial public offering, net of offering costs | 14,218,815 | 14 | 260,675 | — | — | 260,689 |
| Issuance of common stock upon vesting or exercise of stock-based awards, net of withholding tax | 121,014 | — | (2,606) | — | — | (2,606) |
| Forfeiture of unvested common stock | (541,850) | — | — | — | — | — |
| Repurchase upon Corporate Reorganization | (524) | — | (10) | — | — | (10) |
| Extinguishment of liability awards to equity | — | — | 10,784 | — | — | 10,784 |
| Stock-based compensation | — | — | 35,755 | — | — | 35,755 |
| Compensatory units repurchased | — | — | (170) | — | — | (170) |
| Other comprehensive loss | — | — | — | — | (64) | (64) |
| Balance as of December 31, 2021 | 221,913,559 | $222 | $717,369 | $(43,560) | $(55) | $673,976 |
| Net income | — | — | — | 60,666 | — | 60,666 |
| Issuance of common stock upon vesting or exercise of stock-based awards, net of withholding tax | 620,611 | — | (6,815) | — | — | (6,815) |
| Forfeiture of unvested common stock | (528,002) | — | — | — | — | — |
| Repurchases of common stock | (2,349,581) | (2) | (18,578) | — | — | (18,580) |
| Dividends declared | — | — | (64,314) | (17,106) | — | (81,420) |
| Stock-based compensation | — | — | 45,342 | — | — | 45,342 |
| Compensatory units repurchased | — | — | (14) | — | — | (14) |
| Other comprehensive loss | — | — | — | — | (420) | (420) |
| Balance as of December 31, 2022 | 219,656,587 | $220 | $672,990 | $— | $(475) | $672,735 |
| Net income | — | — | — | 53,636 | — | $53,636 |
| Issuance of common stock upon vesting or exercise of stock-based awards, net of withholding tax | 1,125,568 | 1 | (6,853) | — | — | $(6,852) |
| Forfeiture of unvested common stock and dividend equivalents | (317,549) | — | 403 | — | — | $403 |
| Repurchases of common stock | (2,548,893) | (3) | (20,329) | — | — | $(20,332) |
| Dividends declared and dividend equivalents issued | — | — | (190,333) | (25,122) | — | $(215,455) |
| Stock-based compensation | — | — | 49,986 | — | — | $49,986 |
| Other comprehensive income | — | — | — | — | 752 | $752 |
| Balance as of December 31, 2023 | 217,915,713 | $218 | $505,864 | $28,514 | $277 | $534,873 |
The text of this filing, as the company filed it with the SEC, without its images or exhibits. This is not investment advice.