Cricut Inc
For the period ended Dec 31, 2024. Filed Mar 5, 2025.
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.
FY2024 · Filed Mar 5, 2025
CRCT$8.79+0.1%Stored close · as of Nov 9, 2026
Extracted filing text, with the paragraph anchors used by the comparison.
See the whole filing, with its images and exhibitsContents
Consolidated Balance Sheets
(in thousands, except share and per share amounts)
| As of December 31, | ||
|---|---|---|
| 2024 | 2023 | |
| Assets | ||
| Current assets: | ||
| Cash and cash equivalents | $232,140 | $142,187 |
| Marketable securities | 104,774 | 102,952 |
| Accounts receivable, net | 101,980 | 111,247 |
| Inventories | 115,255 | 244,469 |
| Prepaid expenses and other current assets | 26,065 | 19,114 |
| Total current assets | 580,214 | 619,969 |
| Property and equipment, net | 37,546 | 47,614 |
| Operating lease right-of-use assets | 13,958 | 12,353 |
| Deferred tax assets | 39,186 | 34,823 |
| Other assets | 22,131 | 35,363 |
| Total assets | $693,035 | $750,122 |
| Liabilities and Stockholders’ Equity | ||
| Current liabilities: | ||
| Accounts payable | $53,373 | $76,860 |
| Accrued expenses and other current liabilities | 76,274 | 71,933 |
| Deferred revenue, current portion | 45,427 | 40,304 |
| Operating lease liabilities, current portion | 3,899 | 5,230 |
| Dividends payable, current portion | 24,401 | 2,137 |
| Total current liabilities | 203,374 | 196,464 |
| Operating lease liabilities, net of current portion | 11,310 | 8,938 |
| Deferred revenue, net of current portion | 2,826 | 2,931 |
| Other non-current liabilities | 8,764 | 6,916 |
| Total liabilities | 226,274 | 215,249 |
| Commitments and contingencies (Note 12) | ||
| Stockholders’ equity: | ||
| Preferred stock, par value $0.001 per share, 100,000,000 shares authorized, and no shares issued and outstanding as of December 31, 2024 and December 31, 2023. | — | — |
| Common stock, par value $0.001 per share, 1,250,000,000 shares authorized as of December 31, 2024, 213,295,922 and 217,915,713 shares issued and outstanding as of December 31, 2024 and 2023, respectively. | 213 | 218 |
| Additional paid-in capital | 466,554 | 505,864 |
| Retained earnings | — | 28,514 |
| Accumulated other comprehensive income (loss) | (6) | 277 |
| Total stockholders’ equity | 466,761 | 534,873 |
| Total liabilities and stockholders’ equity | $693,035 | $750,122 |
The text of this filing, as the company filed it with the SEC, without its images or exhibits. This is not investment advice.