Nextdoor Holdings Inc
For the period ended Dec 31, 2024. Filed Feb 27, 2025.
View on SEC.govAbout 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 Feb 27, 2025
NXDR$2.02+3.1%Stored close · as of Nov 9, 2026
Extracted filing text, with the paragraph anchors used by the comparison.
See the whole filing, with its images and exhibitsContents
Consolidated Balance Sheets
(in thousands, except per share data)
| As of December 31, | ||
|---|---|---|
| 2024 | 2023 | |
| Assets | ||
| Current assets: | ||
| Cash and cash equivalents | $45,550 | $60,233 |
| Marketable securities | 381,429 | 470,868 |
| Accounts receivable, net of allowance of $380 and $385 as of December 31, 2024 and 2023, respectively | 31,173 | 26,233 |
| Prepaid expenses and other current assets | 8,540 | 9,606 |
| Total current assets | 466,692 | 566,940 |
| Restricted cash, non-current | 11,171 | 11,171 |
| Property and equipment, net | 2,748 | 8,082 |
| Operating lease right-of-use assets | 14,447 | 56,968 |
| Intangible assets, net | 257 | 1,301 |
| Goodwill | 1,211 | 1,211 |
| Other assets | 17,427 | 8,891 |
| Total assets | $513,953 | $654,564 |
| Liabilities and Stockholders' Equity | ||
| Current liabilities: | ||
| Accounts payable | $249 | $1,895 |
| Operating lease liabilities, current | 8,495 | 6,208 |
| Accrued expenses and other current liabilities | 19,200 | 27,308 |
| Total current liabilities | 27,944 | 35,411 |
| Operating lease liabilities, non-current | 32,251 | 60,378 |
| Other liabilities, non-current | 270 | 218 |
| Total liabilities | 60,465 | 96,007 |
| Commitments and contingencies (Note 7) | ||
| Stockholders' equity: | ||
| Preferred stock, $0.0001 par value; 50,000 shares authorized; no shares issued or outstanding as of December 31, 2024 and 2023 | — | — |
| Class A Common stock, $0.0001 par value; 2,500,000 shares authorized; 224,488 and 186,415 shares issued and outstanding as of December 31, 2024 and 2023, respectively | 22 | 19 |
| Class B Common stock, $0.0001 par value; 500,000 shares authorized; 158,134 and 201,960 shares issued and outstanding as of December 31, 2024 and 2023, respectively | 16 | 20 |
| Additional paid-in capital | 1,316,616 | 1,323,595 |
| Accumulated other comprehensive income | 917 | 943 |
| Accumulated deficit | (864,083) | (766,020) |
| Total stockholders' equity | 453,488 | 558,557 |
| Total liabilities and stockholders' equity | $513,953 | $654,564 |
The text of this filing, as the company filed it with the SEC, without its images or exhibits. This is not investment advice.