DraftKings Inc
For the period ended Dec 31, 2024. Filed Feb 14, 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 14, 2025
DKNG$19.36+3.5%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
Consolidated Statements of Changes in Stockholders' Equity
(Amounts in thousands)
| 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, 2023 | 472,697 | $46 | 393,014 | $39 | $7,149,858 | $(5,933,943) | $36,488 | $(412,182) | $840,306 |
| Exercise of stock options | 2,227 | — | — | — | 9,165 | — | — | — | 9,165 |
| Stock-based compensation | — | — | — | — | 396,217 | — | — | — | 396,217 |
| Equity consideration issued for acquisitions | 8,784 | 1 | — | — | 376,701 | — | — | — | 376,702 |
| Exercise of warrants | 1,011 | — | — | — | 46,484 | — | — | — | 46,484 |
| Purchase of treasury stock for RSU withholding | (2,608) | — | — | — | — | — | — | (102,897) | (102,897) |
| Restricted stock unit vesting | 8,102 | 1 | — | — | — | — | — | — | 1 |
| Purchase of treasury stock under Stock Repurchase Program | (1,142) | — | — | — | — | — | — | (48,067) | (48,067) |
| Net loss | — | — | — | — | — | (507,285) | — | — | (507,285) |
| Balances at December 31, 2024 | 489,071 | $48 | 393,014 | $39 | $7,978,425 | $(6,441,228) | $36,488 | $(563,146) | $1,010,626 |
| 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, 2022 | 450,575 | $45 | 393,014 | $39 | $6,750,055 | $(5,131,801) | $36,488 | $(332,133) | $1,322,693 |
| Exercise of stock options | 3,943 | — | — | — | 16,540 | — | — | — | 16,540 |
| Stock-based compensation | — | — | — | — | 378,321 | — | — | — | 378,321 |
| Exercise of warrants | 153 | — | — | — | 4,942 | — | — | — | 4,942 |
| Purchase of treasury stock for RSU withholding | (3,211) | — | — | — | — | — | — | (80,049) | (80,049) |
| Restricted stock unit vesting | 21,237 | 1 | — | — | — | — | — | — | 1 |
| Net loss | — | — | — | — | — | (802,142) | — | — | (802,142) |
| Balances at December 31, 2023 | 472,697 | $46 | 393,014 | $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, 2021 | 407,781 | $41 | 393,014 | $39 | $5,702,388 | $(3,753,814) | $36,488 | $(306,614) | $1,678,528 |
| Exercise of stock options | 3,267 | — | — | — | 8,743 | — | — | — | 8,743 |
| Stock-based compensation | — | — | — | — | 578,799 | — | — | — | 578,799 |
| Equity consideration issued for acquisition | 29,252 | 3 | — | — | 460,125 | — | — | — | 460,128 |
| Purchase of treasury stock for RSU withholding | (1,560) | — | — | — | — | — | — | (25,519) | (25,519) |
| Restricted stock unit vesting | 11,835 | 1 | — | — | — | — | — | — | 1 |
| Net loss | — | — | — | — | — | (1,377,987) | — | — | (1,377,987) |
| Balances at December 31, 2022 | 450,575 | $45 | 393,014 | $39 | $6,750,055 | $(5,131,801) | $36,488 | $(332,133) | $1,322,693 |
The text of this filing, as the company filed it with the SEC, without its images or exhibits. This is not investment advice.