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BuzzFeed, Inc.

For the period ended Dec 31, 2024. Filed Mar 14, 2025.

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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.

FY2024 · Filed Mar 14, 2025

BZFD$0.46-15.8%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 exhibits
Contents

Consolidated Balance Sheets

(Dollars and shares in thousands, except per share amounts)

December 31,2024December 31,2023
Assets
Current assets
Cash and cash equivalents$38,648$35,637
Accounts receivable (net of allowance for doubtful accounts of $1,039, and $1,424 as at December 31, 2024 and 2023, respectively)48,94470,969
Prepaid expenses and other current assets13,29420,710
Current assets of discontinued operations—5,473
Total current assets100,886132,789
Property and equipment, net6,19511,856
Right-of-use assets28,56246,715
Capitalized software costs, net22,65322,292
Intangible assets, net11,75112,914
Goodwill43,30443,304
Prepaid expenses and other assets8,0479,508
Noncurrent assets of discontinued operations—132,098
Total assets$221,398$411,476
Liabilities and Stockholders' Equity
Current liabilities
Accounts payable$14,251$45,709
Accrued expenses18,88115,515
Deferred revenue5551,739
Accrued compensation11,66812,225
Current lease liabilities22,08421,659
Current debt25,518124,977
Other current liabilities3,8794,401
Current liabilities of discontinued operations—1,570
Total current liabilities96,836227,795
Noncurrent lease liabilities15,13837,820
Debt—33,837
Warrant liabilities1,778406
Other liabilities704435
Noncurrent liabilities of discontinued operations——
Total liabilities114,456300,293
Commitments and contingencies
Stockholders’ equity
Class A Common stock, $0.0001 par value; 700,000 shares authorized; 37,025 and 35,035 shares issued and outstanding at December 31, 2024 and 2023, respectively33
Class B Common stock, $0.0001 par value; 20,000 shares authorized; 1,343 and 1,368 shares issued and outstanding at December 31, 2024 and 2023, respectively11
Additional paid-in capital730,369723,092
Accumulated deficit(621,864)(611,768)
Accumulated other comprehensive loss(3,735)(2,500)
Total BuzzFeed, Inc. stockholders’ equity104,774108,828
Noncontrolling interests2,1682,355
Total stockholders’ equity106,942111,183
Total liabilities and stockholders' equity$221,398$411,476
ContentsView on SEC.gov

The text of this filing, as the company filed it with the SEC, without its images or exhibits. This is not investment advice.