ContextLogic Holdings Inc.
For the period ended Jun 30, 2025. Filed Aug 7, 2025.
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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.
Jun 30, 2025 · Filed Aug 7, 2025
LOGC$7.97-0.9%Stored close · as of Sep 19, 2025
Extracted filing text, with the paragraph anchors used by the comparison.
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Condensed Consolidated Statements of Cash Flows
(in millions)
(unaudited)
| Six Months Ended | ||
|---|---|---|
| June 30, | ||
| 2025 | 2024 | |
| Cash flows from operating activities: | ||
| Net loss attributable to common stockholders | $(13) | $(72) |
| Net loss and adjustment attributable to redeemable non-controlling interest | 4 | — |
| Net loss | (9) | (72) |
| Adjustments to reconcile net loss to net cash used in operating activities: | ||
| Depreciation and amortization | — | 1 |
| Noncash lease expense | — | 1 |
| Stock-based compensation | 4 | 12 |
| Net accretion of discounts and premiums on marketable securities | (3) | (1) |
| Gain on Asset Sale | — | (4) |
| Changes in operating assets and liabilities: | ||
| Prepaid expenses, other current and noncurrent assets | — | (1) |
| Accounts payable | — | (16) |
| Merchants payable | — | (8) |
| Accrued and refund liabilities | (2) | (6) |
| Lease liabilities | — | (2) |
| Other current and noncurrent liabilities | — | 6 |
| Net cash used in operating activities | (10) | (90) |
| Cash flows from investing activities: | ||
| Proceeds from Asset Sale, net of cash disposed | — | (133) |
| Purchases of marketable securities | (190) | (47) |
| Maturities of marketable securities | 83 | 145 |
| Net cash used in investing activities | (107) | (35) |
| Cash flows from financing activities: | ||
| Proceeds from issuance of redeemable convertible Preferred Units, net | 72 | — |
| Payment of taxes related to RSU settlement | — | (1) |
| Net cash provided by (used in) financing activities | 72 | (1) |
| Foreign currency effects on cash, cash equivalents and restricted cash | — | (2) |
| Net decrease in cash, cash equivalents and restricted cash | (45) | (128) |
| Cash, cash equivalents and restricted cash at beginning of period | 73 | 238 |
| Cash, cash equivalents and restricted cash at end of period | $28 | $110 |
| Reconciliation of cash, cash equivalents, and restricted cash to the condensed consolidated balance sheets: | ||
| Cash and cash equivalents | $27 | $103 |
| Restricted cash included in prepaid and other current assets in the condensed consolidated balance sheets | 1 | 7 |
| Total cash, cash equivalents and restricted cash | $28 | $110 |
| Supplemental cash flow disclosures: | ||
| Cash paid for operating leases | $— | $3 |
| Cash paid for income taxes, net of refunds | $— | $— |
The text of this filing, as the company filed it with the SEC, without its images or exhibits. This is not investment advice.