Coursera Inc
For the period ended Sep 30, 2024. Filed Nov 6, 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 6, 2024
COUR$3.76+0.3%Stored close · as of Nov 10, 2026
Extracted filing text, with the paragraph anchors used by the comparison.
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Condensed Consolidated Balance Sheets (Unaudited)
Condensed Consolidated Balance Sheets
| September 30, 2024 | December 31, 2023 | |
|---|---|---|
| Assets | ||
| Current assets: | ||
| Cash and cash equivalents | $719,439 | $656,321 |
| Marketable securities | — | 65,746 |
| Accounts receivable, net of allowance for credit losses of $109 and $133 as of September 30, 2024 and December 31, 2023 | 47,572 | 67,418 |
| Deferred costs, net | 24,594 | 26,387 |
| Prepaid expenses and other current assets | 29,592 | 16,614 |
| Total current assets | 821,197 | 832,486 |
| Property, equipment, and software, net | 36,149 | 30,408 |
| Operating lease right-of-use assets | 3,781 | 4,739 |
| Intangible assets, net | 20,538 | 11,720 |
| Other assets | 32,474 | 41,180 |
| Total assets | $914,139 | $920,533 |
| Liabilities and Stockholders’ Equity | ||
| Current liabilities: | ||
| Educator partners payable | $97,791 | $101,041 |
| Other accounts payable and accrued expenses | 25,742 | 23,456 |
| Accrued compensation and benefits | 22,320 | 22,281 |
| Operating lease liabilities, current | 755 | 6,557 |
| Deferred revenue, current | 152,882 | 137,229 |
| Other current liabilities | 15,318 | 7,696 |
| Total current liabilities | 314,808 | 298,260 |
| Operating lease liabilities, non-current | 2,972 | 39 |
| Deferred revenue, non-current | 1,480 | 2,861 |
| Other liabilities | 1,597 | 3,179 |
| Total liabilities | 320,857 | 304,339 |
| Commitments and contingencies (Note 9) | ||
| Stockholders’ equity: | ||
| Preferred stock, $0.00001 par value—10,000,000 shares authorized and no shares issued and outstanding as of September 30, 2024 and December 31, 2023 | — | — |
| Common stock, $0.00001 par value—300,000,000 shares authorized as of September 30, 2024 and December 31, 2023; 165,312,016 shares issued and 158,371,436 shares outstanding as of September 30, 2024, and 162,898,279 shares issued and 155,320,538 shares outstanding as of December 31, 2023 | 2 | 2 |
| Additional paid-in capital | 1,496,786 | 1,459,964 |
| Treasury stock, at cost— 6,940,580 and 7,577,741 shares as of September 30, 2024 andDecember 31, 2023 | (64,910) | (63,154) |
| Accumulated other comprehensive income | — | 59 |
| Accumulated deficit | (838,596) | (780,677) |
| Total stockholders’ equity | 593,282 | 616,194 |
| Total liabilities and stockholders’ equity | $914,139 | $920,533 |
The text of this filing, as the company filed it with the SEC, without its images or exhibits. This is not investment advice.