BuzzFeed, Inc.
For the period ended Sep 30, 2025. Filed Nov 6, 2025.
View on SEC.govAbout this filing
A company's report for each of its first three quarters. The financial statements are not audited. It shows how the business has moved since the last annual report, and what management says changed.
Sep 30, 2025 · Filed Nov 6, 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 exhibitsContents
Condensed Consolidated Statements of Cash Flows
| Nine Months Ended September 30, | ||
|---|---|---|
| 2025 | 2024 | |
| Operating activities: | ||
| Net loss | $(30,514) | $(41,008) |
| Less: net loss from discontinued operations, net of tax | — | 11,196 |
| Net loss from continuing operations | (30,514) | (29,812) |
| Adjustments to reconcile net loss to net cash used in operating activities: | ||
| Depreciation and amortization | 12,227 | 14,549 |
| Unrealized gain foreign currency | (81) | (1,923) |
| Stock-based compensation | 4,363 | 4,092 |
| Change in fair value of warrants | (1,187) | 582 |
| Amortization of debt discount and deferred issuance costs | 6,867 | 1,499 |
| Deferred income tax | 121 | (462) |
| Provision for doubtful accounts | (254) | (355) |
| Gain on disposition of assets | — | (1,250) |
| Non-cash lease expense | 13,511 | 13,528 |
| Changes in operating assets and liabilities: | ||
| Accounts receivable | 15,999 | 33,284 |
| Prepaid expenses and other current assets and prepaid expenses and other assets | (10,655) | 4,628 |
| Accounts payable | 4,118 | (30,639) |
| Accrued compensation | (350) | 1,140 |
| Accrued expenses, other current liabilities, and other liabilities | (9,580) | 4,181 |
| Lease liabilities | (16,808) | (16,469) |
| Deferred revenue | 5,204 | (548) |
| Cash used in operating activities from continuing operations | (7,019) | (3,975) |
| Net cash used in operating activities from discontinued operations | — | (12,149) |
| Net cash used in operating activities | (7,019) | (16,124) |
| Investing activities: | ||
| Capital expenditures | (1,678) | (500) |
| Capitalization of internal-use software | (9,636) | (9,294) |
| Business combinations, net of cash acquired | (233) | — |
| Proceeds from sale of asset | 300 | 350 |
| Cash used in investing activities from continuing operations | (11,247) | (9,444) |
| Cash provided by investing activities from discontinued operations | — | 108,575 |
| Cash (used in) provided by investing activities | (11,247) | 99,131 |
| Financing activities: | ||
| Borrowings from Term Loan | 43,975 | — |
| Borrowings from film financing arrangements | 5,342 | — |
| Proceeds from co-financing arrangements for feature films | 2,662 | — |
| Payment on Convertible Notes | (30,000) | (31,233) |
| Payment of consent solicitation fees | (2,089) | — |
| Payment on Revolving Credit Facility | — | (33,837) |
| Payment of early termination fee for Revolving Credit Facility | — | (500) |
| Payment of Term Loan's debt issuance costs | (754) | — |
| Repurchase of common stock | (3,332) | — |
| Proceeds from exercise of stock options | 16 | 1 |
| Payment for shares withheld for employee taxes | (191) | (291) |
| Proceeds from the issuance of common stock in connection with the at-the-market offering, net of issuance costs | (175) | 660 |
| Distributions to noncontrolling interests | (1,923) | — |
| Cash provided by (used in) financing activities | 13,531 | (65,200) |
| Effect of currency translation on cash and cash equivalents | 379 | 279 |
| Net (decrease) increase in cash and cash equivalents | (4,356) | 18,086 |
| Cash and cash equivalents at beginning of period | 38,648 | 35,637 |
| Cash and cash equivalents at end of period | $34,292 | $53,723 |
The text of this filing, as the company filed it with the SEC, without its images or exhibits. This is not investment advice.