RXO Inc
For the period ended Sep 30, 2024. Filed Nov 7, 2024.
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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 7, 2024
RXO$27.92+1.2%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
Condensed Consolidated Statements of Changes in Equity
| Common Stock | ||||||
|---|---|---|---|---|---|---|
| (Dollars in millions, shares in thousands) | Shares | Amount | Additional Paid-in Capital | Retained Earnings (Accumulated Deficit) | Accumulated Other Comprehensive Loss | Total Equity |
| Balance as of June 30, 2024 | 117,607 | $1 | $599 | $(16) | $(5) | $579 |
| Net loss | — | — | — | (243) | — | (243) |
| Other comprehensive loss | — | — | — | — | — | — |
| Stock compensation expense | — | — | 6 | — | — | 6 |
| Vesting of stock compensation awards | 113 | — | — | — | — | — |
| Tax withholdings related to vesting of stock compensation awards | — | — | (2) | — | — | (2) |
| Deemed non pro-rata distribution | — | — | 216 | — | — | 216 |
| Issuance of common stock and pre-funded warrants, net of issuance costs | 43,070 | 1 | 1,095 | — | — | 1,096 |
| Balance as of September 30, 2024 | 160,790 | $2 | $1,914 | $(259) | $(5) | $1,652 |
| Common Stock | ||||||
|---|---|---|---|---|---|---|
| (Dollars in millions, shares in thousands) | Shares | Amount | Additional Paid-in Capital | Retained Earnings (Accumulated Deficit) | Accumulated Other Comprehensive Loss | Total Equity |
| Balance as of December 31, 2023 | 117,026 | $1 | $590 | $6 | $(3) | $594 |
| Net loss | — | — | — | (265) | — | (265) |
| Other comprehensive loss | — | — | — | — | (2) | (2) |
| Stock compensation expense | — | — | 17 | — | — | 17 |
| Vesting of stock compensation awards | 694 | — | — | — | — | — |
| Tax withholdings related to vesting of stock compensation awards | — | — | (4) | — | — | (4) |
| Deemed non pro-rata distribution | — | — | 216 | — | — | 216 |
| Issuance of common stock and pre-funded warrants, net of issuance costs | 43,070 | 1 | 1,095 | — | — | 1,096 |
| Balance as of September 30, 2024 | 160,790 | $2 | $1,914 | $(259) | $(5) | $1,652 |
| Common Stock | ||||||
|---|---|---|---|---|---|---|
| (Dollars in millions, shares in thousands) | Shares | Amount | Additional Paid-in Capital | Retained Earnings | Accumulated Other Comprehensive Loss | Total Equity |
| Balance as of June 30, 2023 | 116,954 | $1 | $587 | $5 | $(4) | $589 |
| Net loss | — | — | — | (1) | — | (1) |
| Stock compensation expense | — | — | 5 | — | — | 5 |
| Vesting of stock compensation awards | 48 | — | — | — | — | — |
| Tax withholdings related to vesting of stock compensation awards | — | — | (3) | — | — | (3) |
| Repurchase of common stock | — | — | — | — | — | — |
| Balance as of September 30, 2023 | 117,002 | $1 | $589 | $4 | $(4) | $590 |
| Common Stock | ||||||
|---|---|---|---|---|---|---|
| (Dollars in millions, shares in thousands) | Shares | Amount | Additional Paid-in Capital | Retained Earnings | Accumulated Other Comprehensive Loss | Total Equity |
| Balance as of December 31, 2022 | 116,400 | $1 | $588 | $2 | $(4) | $587 |
| Net income | — | — | — | 2 | — | 2 |
| Stock compensation expense | — | — | 16 | — | — | 16 |
| Vesting of stock compensation awards | 702 | — | — | — | — | — |
| Tax withholdings related to vesting of stock compensation awards | — | — | (13) | — | — | (13) |
| Repurchase of common stock | (100) | — | (2) | — | — | (2) |
| Balance as of September 30, 2023 | 117,002 | $1 | $589 | $4 | $(4) | $590 |
The text of this filing, as the company filed it with the SEC, without its images or exhibits. This is not investment advice.