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Klaviyo Inc

For the period ended Sep 30, 2024. Filed Nov 6, 2024.

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About 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, 2024 · Filed Nov 6, 2024

KVYO$20.43-1.9%Stored close · as of Nov 10, 2026

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

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Condensed Consolidated Balance Sheets

Condensed Consolidated Balance Sheets (Unaudited)

As of,
September 30, 2024December 31, 2023
Assets
Current assets:
Cash and cash equivalents$826,742$738,562
Restricted cash417409
Accounts receivable, net of allowance for doubtful accounts34,46423,076
Deferred contract acquisition costs, current19,02615,198
Prepaid expenses and other current assets35,56826,244
Total current assets916,217803,489
Property and equipment, net45,18943,450
Right-of-use assets, net30,14136,987
Deferred contract acquisition costs, non-current30,00723,177
Restricted cash, non-current739686
Prepaid marketing expense158,471173,844
Other non-current assets12,4357,417
Total assets$1,193,199$1,089,050
Liabilities and Stockholders’ Equity
Current liabilities:
Accounts payable$11,351$13,597
Accrued expenses64,91762,838
Lease liabilities, current13,12614,081
Deferred revenue52,93240,100
Total current liabilities142,326130,616
Lease liabilities, non-current29,33337,498
Other non-current liabilities6,7996,159
Total liabilities178,458174,273
Stockholders’ Equity
Preferred stock: $0.001 par value; 100,000,000 shares authorized; 0 and 0 shares issued and outstanding at September 30, 2024, and December 31, 2023, respectively.——
Series A common stock: $0.001 par value; 3,000,000,000 shares authorized; 78,478,265 and 40,841,834 shares issued; 78,478,265 and 40,841,834 shares outstanding at September 30, 2024, and December 31, 2023, respectively.7841
Series B common stock: $0.001 par value; 350,000,000 shares authorized; 190,696,188 and 218,524,009 shares issued; 190,696,188 and 218,524,009 shares outstanding at September 30, 2024, and December 31, 2023, respectively.191219
Additional paid-in capital1,832,6841,713,560
Accumulated deficit(818,212)(799,043)
Total stockholders’ equity1,014,741914,777
Total liabilities and stockholders’ equity$1,193,199$1,089,050

The accompanying notes are an integral part of these condensed consolidated financial statements

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