BuzzFeed Inc

For the period ended Dec 31, 2023. Filed Mar 29, 2024.

About 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 29, 2024

BZFD$0.46-15.8%Stored close · as of Nov 10, 2026

Extracted filing text, with the paragraph anchors used by the comparison.

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Contents

Consolidated Statements of Stockholders’ Equity (Deficit)

	Stockholders’ of BuzzFeed, Inc.
Class A Common Stock · Class B Common Stock · Class C Common Stock · AdditionalPaid-inCapital · AccumulatedDeficit · Accumulated Other ComprehensiveLoss · TotalBuzzFeed, Inc.Stockholders'Equity(Deficit) · NoncontrollingInterests · TotalStockholders’Equity(Deficit)
Shares · Amount · Shares · Amount · Shares · Amount
Balance at January 1, 2021	1,540	$—			10,439		$1			—	$—		$36,373			$(346,818)			$(3,359)			$(313,803)		$—		$(313,803)
Net income	—	—			—		—			—	—		—			24,712			—			24,712		228		24,940
Issuance of common stock	—	—			—		—			3,839	1		34,999			—			—			35,000		—		35,000
HuffPost Acquisition	—	—			—		—			2,639	—		24,064			—			—			24,064		2,122		26,186
Stock-based compensation	—	—			—		—			—	—		23,565			—			—			23,565		—		23,565
Issuance of common stock in connection with share-based plans	1,921	—			476		—			—	—		6,975			—			—			6,975		—		6,975
Merger of BuzzFeed Japan and HuffPost Japan	—	—			—		—			—	—		—			—			—			—		(510)		(510)
Disposition of subsidiaries	—	—			—		—			—	—		—			—			—			—		204		204
Conversion of shares	9,693	1			(9,693)		(1)			—	—		—			—			—			—		—		—
Reverse recapitalization, net of transaction costs	93,021	9			11,175		1			—	—		473,694			—			—			473,704		—		473,704
Shares issued for Complex Networks Acquisition	10,000	1			—		—			—	—		96,199			—			—			96,200		—		96,200
Other comprehensive loss	—	—			—		—			—	—				—			126			126		—		126
Balance at December 31, 2021	116,175	$11			12,397		$1			6,478	$1		$695,869			$(322,106)			$(3,233)			$370,543		$2,044		$372,587
Net loss	—	—			—		—			—	—		—			(200,957)			—			(200,957)		(533)		(201,490)
Stock-based compensation	—	—			—		—			—	—		21,605			—			—			21,605		—		21,605
Issuance of common stock in connection with share-based plans	4,965	2			—		—			—	—		457			—			—			459		—		459
Shares withheld for employee taxes	(472)	—			—		—			—	—		(1,698)			—			—			(1,698)		—		(1,698)
Other comprehensive loss	—	—			—		—			—	—		—			—			1,265			1,265		(632)		633
Reclassification of noncontrolling interest (see Note 10)	—	—			—		—			—	—		—			—			—			—		2,458		2,458
Conversion of Class B common stock to Class A common stock	5,719	—			(5,719)		—			—	—		—			—			—			—		—		—
Balance at December 31, 2022	126,387	$13			6,678		$1			6,478	$1		$716,233			$(523,063)			$(1,968)			$191,217		$3,337		$194,554
Cumulative effect of accounting change (see Note 2)	—	—		—		—		—		—	—	(126)			—		(126)			—		(126)
Net loss	—	—		—		—		—		—	—	(88,579)		—		(88,579)			(743)		(89,322)
Stock-based compensation	—	—		—		—		—		—	6,323	—		—		6,323			—		6,323
Issuance of common stock in connection with share-based plans	4,683	—		—		—		—		—	29	—		—		29			—		29
Shares withheld for employee taxes	(684)	—		—		—		—		—	(451)	—		—		(451)			—		(451)
Issuance of common stock in connection with at-the-market offering, net of issuance costs	2,070	—		—		—		—		—	947	—		—		947			—		947
Other comprehensive loss	—	—		—		—		—		—	—	—		(532)		(532)			(239)		(771)
Conversion of Class B common stock to Class A common stock	1,204	—		(1,204)		—		—		—	—	—		—		—			—		—
Conversion of Class C common stock to Class A common stock	6,478		1			—			—		(6,478)		(1)			—			—			—		—		—	—
Balance at December 31, 2023	140,138	$14			5,474		$1			—	$—		$723,081			$(611,768)			$(2,500)			$108,828		$2,355		$111,183

ContentsView on SEC.gov

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