Nextdoor Holdings Inc
For the period ended Dec 31, 2023. Filed Feb 27, 2024.
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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 Feb 27, 2024
NXDR$2.02+3.1%Stored close · as of Nov 9, 2026
Extracted filing text, with the paragraph anchors used by the comparison.
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Consolidated Balance Sheets
(in thousands, except per share data)
| As of December 31, | ||
|---|---|---|
| 2023 | 2022 | |
| Assets | ||
| Current assets: | ||
| Cash and cash equivalents | $60,233 | $55,236 |
| Marketable securities | 470,868 | 528,067 |
| Accounts receivable, net of allowance of $385 and $422 as of December 31, 2023 and 2022, respectively | 26,233 | 29,770 |
| Prepaid expenses and other current assets | 9,606 | 12,185 |
| Total current assets | 566,940 | 625,258 |
| Restricted cash, non-current | 11,171 | — |
| Property and equipment, net | 8,082 | 11,818 |
| Operating lease right-of-use assets | 56,968 | 52,555 |
| Intangible assets, net | 1,301 | 3,067 |
| Goodwill | 1,211 | 1,211 |
| Other assets | 8,891 | 5,653 |
| Total assets | $654,564 | $699,562 |
| Liabilities and Stockholders' Equity | ||
| Current liabilities: | ||
| Accounts payable | $1,895 | $4,535 |
| Operating lease liabilities, current | 6,208 | 7,766 |
| Accrued expenses and other current liabilities | 27,308 | 22,362 |
| Total current liabilities | 35,411 | 34,663 |
| Operating lease liabilities, non-current | 60,378 | 53,831 |
| Other liabilities, non-current | 218 | — |
| Total liabilities | 96,007 | 88,494 |
| Commitments and contingencies (Note 8) | ||
| Stockholders' equity: | ||
| Preferred stock, $0.0001 par value; 50,000 shares authorized; no shares issued or outstanding as of December 31, 2023 and 2022 | — | — |
| Class A Common stock, $0.0001 par value; 2,500,000 shares authorized; 186,415 and 153,693 shares issued and outstanding as of December 31, 2023 and 2022, respectively | 19 | 15 |
| Class B Common stock, $0.0001 par value; 500,000 shares authorized; 201,960 and 218,029 shares issued and outstanding as of December 31, 2023 and 2022, respectively | 20 | 22 |
| Additional paid-in capital | 1,323,595 | 1,231,482 |
| Accumulated other comprehensive income (loss) | 943 | (2,196) |
| Accumulated deficit | (766,020) | (618,255) |
| Total stockholders' equity | 558,557 | 611,068 |
| Total liabilities and stockholders' equity | $654,564 | $699,562 |
The text of this filing, as the company filed it with the SEC, without its images or exhibits. This is not investment advice.