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DraftKings Inc

For the period ended Dec 31, 2023. Filed Feb 16, 2024.

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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.

FY2023 · Filed Feb 16, 2024

DKNG$19.36+3.5%Stored close · as of Nov 10, 2026

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

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Contents

Consolidated Statements of Changes in Stockholders' Equity

Class A Common Stock · Class B Common Stock · AdditionalPaid in Capital · AccumulatedDeficit · Accumulated OtherComprehensiveIncome · Treasury Stock Amount · Total Stockholders' Equity
Shares · Amount · Shares · Amount
Balances at December 31, 2022450,575$45393,014$39$6,750,055$(5,131,801)$36,488$(332,133)$1,322,693
Exercise of stock options3,943———16,540———16,540
Stock-based compensation expense————378,321———378,321
Equity consideration issued for acquisitions—————————
Exercise of warrants153———4,942———4,942
Purchase of treasury stock(3,211)——————(80,049)(80,049)
Restricted stock unit vesting21,2371——————1
Net loss—————(802,142)——(802,142)
Balances at December 31, 2023472,697$46393,014$39$7,149,858$(5,933,943)$36,488$(412,182)$840,306
Class A Common Stock · Class B Common Stock · AdditionalPaid in Capital · AccumulatedDeficit · Accumulated OtherComprehensiveIncome · Treasury Stock Amount · Total Stockholders' Equity
Shares · Amount · Shares · Amount
Balances at December 31, 2021407,781$41393,014$39$5,702,388$(3,753,814)$36,488$(306,614)$1,678,528
Exercise of stock options3,267———8,743———8,743
Stock-based compensation expense————578,799———578,799
Equity consideration issued for acquisition29,2523——460,125———460,128
Purchase of treasury stock(1,560)——————(25,519)(25,519)
Restricted stock unit vesting11,8351——————1
Net loss—————(1,377,987)——(1,377,987)
Balances at December 31, 2022450,575$45393,014$39$6,750,055$(5,131,801)$36,488$(332,133)$1,322,693
Class A Common Stock · Class B Common Stock · AdditionalPaid in Capital · AccumulatedDeficit · Accumulated OtherComprehensiveIncome · Treasury Stock Amount · Total Stockholders' Equity
Shares · Amount · Shares · Amount
Balances at December 31, 2020396,303$40393,014$39$5,067,135$(2,230,619)$83,534$(288,784)$2,631,345
Exercise of stock options9,4211——31,478———31,479
Stock-based compensation expense————683,293———683,293
Purchase of capped call options————(123,970)———(123,970)
Equity consideration issued for acquisition520———33,149———33,149
Exercise of warrants337———9,205———9,205
Purchase of treasury stock(323)——————(17,830)(17,830)
Restricted stock unit vesting1,523————————
Foreign currency translation——————(47,046)—(47,046)
Other————2,098———2,098
Net loss—————(1,523,195)——(1,523,195)
Balances at December 31, 2021407,781$41393,014$39$5,702,388$(3,753,814)$36,488$(306,614)$1,678,528
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.