ContextLogic Holdings Inc.
For the period ended Jun 30, 2026. Filed Aug 13, 2026.
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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, 2026 · Filed Aug 13, 2026
LOGC$7.97-0.9%Stored close · as of Sep 19, 2025
Extracted filing text, with the paragraph anchors used by the comparison.
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Condensed Consolidated Statements of Operations
($ in millions, units and shares in thousands, except per unit and share data)
(Unaudited)
| Successor · Predecessor | ||||||||
|---|---|---|---|---|---|---|---|---|
| Three Months Ended June 30, 2026 · Period from February 27, 2026 to June 30, 2026 · Period from January 1, 2026 to February 26, 2026 · Three Months Ended June 30, 2025 · Six Months Ended June 30, 2025 | ||||||||
| Net sales | $33.6 | $45.7 | $20.3 | $33.8 | $66.1 | |||
| Cost of sales | 21.1 | 29.4 | 13.2 | 20.1 | 40.5 | |||
| Gross profit | 12.5 | 16.3 | 7.1 | 13.7 | 25.6 | |||
| Operating expenses: | ||||||||
| Selling expense | 1.0 | 1.4 | 0.7 | 1.0 | 2.0 | |||
| General and administrative | 11.7 | 19.2 | 1.6 | 2.4 | 5.0 | |||
| Transaction expenses | 1.8 | 22.5 | 0.1 | 0.2 | 0.2 | |||
| Total operating expenses | 14.5 | 43.1 | 2.4 | 3.6 | 7.2 | |||
| (Loss) income from operations | (2.0) | (26.8) | 4.7 | 10.1 | 18.4 | |||
| Other income (expenses) | ||||||||
| Interest and other income | 0.1 | 0.1 | — | — | — | |||
| Interest and other expense, net | (4.4) | (6.2) | (3.0) | (5.4) | (10.8) | |||
| (Loss) income before benefit from income taxes | (6.3) | (32.9) | 1.7 | 4.7 | 7.6 | |||
| Benefit from income taxes | — | (41.9) | — | — | — | |||
| Net (loss) income | (6.3) | 9.0 | 1.7 | 4.7 | 7.6 | |||
| Net (loss) attributable to noncontrolling interest (Note 15) | — | — | — | — | — | |||
| Net income attributable to Parent Holdings Class A unitholders (Predecessor) | $1.7 | $4.7 | $7.6 | |||||
| Net (loss) income attributable to common stockholders (Successor) | $(6.3) | $9.0 | ||||||
| Net income per unit attributable to Class A unit, basic and diluted (Predecessor) | $8.91 | $24.62 | $39.81 | |||||
| Basic and diluted weighted average Class A units outstanding (Predecessor) | 190.9 | 190.9 | 190.9 | |||||
| Net (loss) income per share attributable to common stockholders, basic (Successor) | $(0.14) | $0.20 | ||||||
| Net (loss) income per share attributable to common stockholders, diluted (Successor) | $(0.14) | $0.20 | ||||||
| Weighted-average shares used in computing net income per share attributable to common stockholders, basic (Successor) | 45,737 | 45,682 | ||||||
| Weighted-average shares used in computing net income per share attributable to common stockholders, diluted (Successor) | 45,737 | 45,690 | ||||||
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