ContextLogic Holdings Inc.

For the period ended Jun 30, 2025. Filed Aug 7, 2025.

About this filing

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

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Contents

Condensed Consolidated Statements of Operations

($ in millions, shares in thousands, except per share data)

Three Months Ended · Six Months Ended
	June 30,		June 30,
	2025	2024	2025	2024
Revenue	$—	$7	$—	$43
Cost of revenue	—	6	—	36
Gross profit	—	1	—	7
Operating expenses:
Sales and marketing	—	3	—	18
Product development	—	4	—	26
General and administrative	7	13	13	35
Total operating expenses	7	20	13	79
Loss from operations	(7)	(19)	(13)	(72)
Other income, net:
Interest and other income, net	2	2	4	2
Gain on Asset Sale	—	4	—	4
Loss before provision for income taxes	(5)	(13)	(9)	(66)
Provision for income taxes	—	—	—	6
Net loss	(5)	(13)	(9)	(72)
Adjustments attributable to redeemable non-controlling interest (Note 7)	(1)	—	(4)	—
Net loss attributable to redeemable non-controlling interest (Note 7)	—	—	—	—
Net loss attributable to common stockholders	$(6)	$(13)	$(13)	$(72)
Net loss per share attributable to common stockholders, basic and diluted	$(0.23)	$(0.50)	$(0.49)	$(2.87)
Weighted-average shares used in computing net loss per share attributable to common stockholders, basic and diluted	26,603	25,858	26,456	25,086

ContentsView on SEC.gov

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