Waitr Holdings Inc. (ASAPQ) Financial Statements (2025 and earlier)
Company Profile
| Business Address |
214 JEFFERSON STREET LAFAYETTE, LA 70501 |
| State of Incorp. | |
| Fiscal Year End | December 31 |
| Industry (SIC) | 7389 - Business Services, Not Elsewhere Classified (benchmarking) |
| More info | Complete Financial Analysis Financial Benchmarking |
Balance Sheet (Statement of Financial Position) ($ in thousands)
| 9/30/2023 MRQ | 12/31/2022 | 12/31/2021 | 12/31/2020 | 12/31/2019 | 12/31/2018 | 12/31/2017 | |||
|---|---|---|---|---|---|---|---|---|---|
| ASSETS | |||||||||
| Current Assets | |||||||||
| Cash, cash equivalents, and short-term investments | 12,066 | 60,111 | 84,706 | 29,317 | 209,340 | 572 | |||
| Cash and cash equivalent | 12,066 | 60,111 | 84,706 | 29,317 | 209,340 | 572 | |||
| Receivables | 3,982 | 3,027 | 2,954 | 3,272 | 3,687 | ||||
| Prepaid expense | 3,475 | 6,703 | 4,291 | 5,859 | 3,618 | 44 | |||
| Capitalized contract cost | 1,559 | 1,170 | 737 | 199 | 1,869 | ✕ | |||
| Other current assets | 1,121 | 2,003 | 2,366 | 2,470 | 930 | ||||
| Other undisclosed current assets | 1,401 | ||||||||
| Total current assets: | 23,604 | 73,014 | 95,054 | 41,117 | 219,444 | 615 | |||
| Noncurrent Assets | |||||||||
| Operating lease, right-of-use asset | 2,917 | 4,327 | ✕ | ✕ | |||||
| Property, plant and equipment | 808 | 3,763 | 3,503 | 4,072 | 4,551 | ||||
| Intangible assets, net (including goodwill) | 16,601 | 173,750 | 130,658 | 132,495 | 1,669 | ||||
| Goodwill | 9,536 | 130,624 | 106,734 | 106,734 | 1,408 | ||||
| Intangible assets, net (excluding goodwill) | 7,065 | 43,126 | 23,924 | 25,761 | 261 | ||||
| Capitalized contract cost, net | 3,403 | 3,183 | 2,429 | 772 | 827 | ✕ | |||
| Asset, held-in-trust | 252,055 | ||||||||
| Other noncurrent assets | 812 | 1,070 | 588 | 517 | 61 | ||||
| Total noncurrent assets: | 24,541 | 186,093 | 137,178 | 137,856 | 7,108 | 252,055 | |||
| TOTAL ASSETS: | 48,145 | 259,107 | 232,232 | 178,973 | 226,552 | 252,670 | |||
| LIABILITIES AND EQUITY | |||||||||
| Liabilities | |||||||||
| Current Liabilities | |||||||||
| Accounts payable and accrued liabilities, including: | 7,435 | 10,080 | 9,355 | 9,720 | 4,907 | 461 | |||
| Taxes payable | ✕ | ✕ | 74 | 122 | 51 | 25 | |||
| Employee-related liabilities | ✕ | ✕ | 2,988 | 4,851 | 5,285 | 3,055 | |||
| Accounts payable | 5,689 | 7,018 | 4,382 | 4,384 | 1,827 | ||||
| Accrued liabilities | 1,746 | ||||||||
| Other undisclosed accounts payable and accrued liabilities | 461 | ||||||||
| Deferred revenue | 141 | 414 | ✕ | ✕ | |||||
| Debt | 1,892 | 3,142 | 2,726 | 3,612 | 658 | ||||
| Other liabilities | 17,596 | 19,309 | 13,781 | 12,630 | 4,716 | ||||
| Contract with customer, liability | ✕ | ✕ | ✕ | ✕ | ✕ | 3,314 | ✕ | ||
| Other undisclosed current liabilities | 2,305 | 4,908 | 4,301 | 5,612 | |||||
| Total current liabilities: | 29,228 | 37,439 | 30,304 | 31,988 | 13,595 | 461 | |||
| Noncurrent Liabilities | |||||||||
| Long-term debt and lease obligation | 3,034 | 94,372 | 123,244 | 80,985 | |||||
| Long-term debt, excluding current maturities | 94,372 | 123,244 | 80,985 | ||||||
| Liabilities, other than long-term debt | 56,008 | 84,092 | 2,473 | 833 | 2,481 | 8,750 | |||
| Deferred revenue and credits | ✕ | ✕ | ✕ | ✕ | ✕ | ✕ | 8,750 | ||
| Accounts payable and accrued liabilities | 463 | 908 | |||||||
| Deferred revenue | 45 | ✕ | ✕ | ||||||
| Contract with customer, liability | ✕ | ✕ | ✕ | ✕ | ✕ | 1,356 | ✕ | ||
| Due to related parties | ✕ | 53,901 | 81,977 | ||||||
| Other liabilities | 28 | 2,115 | 2,473 | 325 | 217 | ||||
| Operating lease, liability | 2,079 | 3,034 | ✕ | ✕ | |||||
| Other undisclosed noncurrent liabilities | 53 | 16,987 | |||||||
| Total noncurrent liabilities: | 56,008 | 87,179 | 113,832 | 124,077 | 83,466 | 8,750 | |||
| Total liabilities: | 85,236 | 124,618 | 144,136 | 156,065 | 97,061 | 9,211 | |||
| Temporary equity, including noncontrolling interest | 238,460 | ||||||||
| Equity | |||||||||
| Equity, attributable to parent, including: | (37,091) | 134,489 | 88,096 | 22,908 | 129,491 | 5,000 | |||
| Common stock | 21 | 15 | 11 | 8 | |||||
| Additional paid in capital | 538,812 | 503,609 | 451,991 | 385,137 | 200,417 | 4,146 | |||
| Retained earnings (accumulated deficit) | (575,924) | (369,135) | (363,906) | (362,237) | (70,931) | 853 | |||
| Other undisclosed equity, attributable to parent | 5 | 1 | |||||||
| Total equity: | (37,091) | 134,489 | 88,096 | 22,908 | 129,491 | 5,000 | |||
| TOTAL LIABILITIES AND EQUITY: | 48,145 | 259,107 | 232,232 | 178,973 | 226,552 | 252,670 | |||
Income Statement (P&L) ($ in thousands)
| 9/30/2023 TTM | 12/31/2022 | 12/31/2021 | 12/31/2020 | 12/31/2019 | 12/31/2018 | 12/31/2017 | ||
|---|---|---|---|---|---|---|---|---|
| Revenues | 111,801 | 182,194 | 204,328 | 191,675 | 69,273 | |||
| Cost of revenue | (31,588) | (186) | (30) | (788) | (50,749) | |||
| Other undisclosed gross profit | ||||||||
| Gross profit: | 80,213 | 182,008 | 204,298 | 190,887 | 18,524 | |||
| Operating expenses | (267,948) | (189,582) | (177,123) | (472,194) | (52,667) | (480) | ||
| Operating income (loss): | (187,735) | (7,574) | 27,175 | (281,307) | (34,143) | (480) | ||
| Nonoperating income (expense) | (13,310) | 9,443 | (1,861) | (1,547) | 335 | 1,798 | ||
| Investment income, nonoperating | 337 | 1,798 | ||||||
| Other nonoperating income (expense) | (13,310) | 9,443 | (1,861) | (1,547) | (2) | |||
| Interest and debt expense | (5,664) | (7,074) | (9,458) | (9,408) | 486 | |||
| Income (loss) from continuing operations before equity method investments, income taxes: | (206,709) | (5,205) | 15,856 | (292,262) | (33,322) | 1,318 | ||
| Other undisclosed income (loss) from continuing operations before income taxes | 102 | 1,037 | (1,416) | |||||
| Income (loss) from continuing operations before income taxes: | (206,709) | (5,205) | 15,958 | (291,225) | (34,738) | 1,318 | ||
| Income tax expense (benefit) | (80) | (24) | (122) | (81) | 427 | (448) | ||
| Income (loss) from continuing operations: | (206,789) | (5,229) | 15,836 | (291,306) | (34,311) | 870 | ||
| Income (loss) before gain (loss) on sale of properties: | ✕ | ✕ | (5,229) | 15,836 | (291,306) | (34,311) | 870 | |
| Net income (loss) attributable to parent: | (206,789) | (5,229) | 15,836 | (291,306) | (34,311) | 870 | ||
| Other undisclosed net income available to common stockholders, basic | 1,897 | |||||||
| Net income (loss) available to common stockholders, basic: | (206,789) | (5,229) | 15,836 | (289,409) | (34,311) | 870 | ||
| Dilutive securities, effect on basic earnings per share | (1,277) | |||||||
| Net income (loss) available to common stockholders, diluted: | (206,789) | (5,229) | 15,836 | (289,409) | (34,311) | (407) | ||
Comprehensive Income ($ in thousands)
| 9/30/2023 TTM | 12/31/2022 | 12/31/2021 | 12/31/2020 | 12/31/2019 | 12/31/2018 | 12/31/2017 | ||
|---|---|---|---|---|---|---|---|---|
| Net income (loss): | (206,789) | (5,229) | 15,836 | (291,306) | (34,311) | 870 | ||
| Comprehensive income (loss), net of tax, attributable to parent: | (206,789) | (5,229) | 15,836 | (291,306) | (34,311) | 870 | ||
Statements Sources
The financial statements are based on the Company's filings with the U.S. Securities and Exchange Commission (SEC) through the Electronic Data Gathering, Analysis, and Retrieval system (EDGAR). The information is derived from the 10-K and 10-Q reports submitted to the SEC in XBRL (eXtensible Business Reporting Language) format and presented according to the US GAAP Taxonomy. Please review the original filings for a more detailed information.