BigCommerce Holdings Inc. (BIGC) Financial Statements (2024 and earlier)

Company Profile

Business Address 11305 FOUR POINTS DR, BLDG 2, SUITE 100
AUSTIN, TX 78726
State of Incorp. DE
Fiscal Year End December 31
Industry (SIC) 7372 - Prepackaged Software (benchmarking)
More info Complete Financial Analysis Financial Benchmarking

Balance Sheet (Statement of Financial Position) ($ in thousands)

3/31/2024
MRQ
12/31/2023
12/31/2022
12/31/2021
12/31/2020
ASSETS
Current Assets
Cash, cash equivalents, and short-term investments270,134303,514399,876219,447
Cash and cash equivalents71,71991,573297,561219,447
Short-term investments198,415211,941102,315 
Restricted cash and investments1,1261,4571,1431,160
Receivables11,00019,90013,1007,500
Other undisclosed current assets59,72649,37640,42925,965
Total current assets:341,986374,247454,548254,072
Noncurrent Assets
Operating lease, right-of-use asset4,4055,8879,51511,842
Property, plant and equipment10,2339,0837,4297,122
Intangible assets, net (including goodwill)79,13877,33277,464 
Goodwill52,08649,74942,432 
Intangible assets, net (excluding goodwill)27,05227,58335,032 
Prepaid expense1,240470831 
Other undisclosed noncurrent assets7,0567,0375,6733,590
Total noncurrent assets:102,07299,809100,91222,554
TOTAL ASSETS:444,058474,056555,460276,626
LIABILITIES AND EQUITY
Liabilities
Current Liabilities
Accounts payable and accrued liabilities10,6349,95011,1529,132
Accounts payable7,9827,0138,2115,788
Accrued liabilities2,6522,9372,9413,344
Deferred revenue32,24217,78312,75211,406
Debt547   
Other liabilities24,78548,44436,25422,176
Other undisclosed current liabilities2,5422,6092,6533,173
Total current liabilities:70,75078,78662,81145,887
Noncurrent Liabilities
Long-term debt and lease obligation339,614337,497345,75412,672
Long-term debt, excluding current maturities339,614337,497335,537 
Liabilities, other than long-term debt8,16112,1018,6071,308
Deferred revenue  1,7591,3591,308
Other liabilities5513347,248 
Operating lease, liability7,61010,00810,21712,672
Total noncurrent liabilities:347,775349,598354,36113,980
Total liabilities:418,525428,384417,17259,867
Equity
Equity, attributable to parent25,53345,672138,288216,759
Common stock7777
Additional paid in capital620,021576,851528,540530,143
Accumulated other comprehensive income (loss)163(1,199)(191) 
Accumulated deficit(594,658)(529,987)(390,068)(313,391)
Total equity:25,53345,672138,288216,759
TOTAL LIABILITIES AND EQUITY:444,058474,056555,460276,626

Income Statement (P&L) ($ in thousands)

3/31/2024
TTM
12/31/2023
12/31/2022
12/31/2021
12/31/2020
Revenues309,394279,075219,855152,368
Cost of revenue(74,202)(69,980)(48,479)(34,126)
Gross profit:235,192209,095171,376118,242
Operating expenses(307,636)(349,662)(247,319)(156,939)
Operating loss:(72,444)(140,567)(75,943)(38,697)
Nonoperating income (expense)10,6573,97160(148)
Investment income, nonoperating11,4934,19813031
Other nonoperating expense(836)(227)(70)(179)
Interest and debt expense(2,884)(2,828)(828)(3,103)
Other undisclosed income from continuing operations before equity method investments, income taxes    4,413
Loss from continuing operations before income taxes:(64,671)(139,424)(76,711)(37,535)
Income tax expense (benefit) (495)34(25)
Loss from continuing operations:(64,671)(139,919)(76,677)(37,560)
Loss before gain (loss) on sale of properties:(76,677)(37,560)
Net loss attributable to parent:(64,671)(139,919)(76,677)(37,560)
Other undisclosed net loss available to common stockholders, basic    (962)
Net loss available to common stockholders, diluted:(64,671)(139,919)(76,677)(38,522)

Comprehensive Income ($ in thousands)

3/31/2024
TTM
12/31/2023
12/31/2022
12/31/2021
12/31/2020
Net loss:(64,671)(139,919)(76,677)(37,560)
Other comprehensive income (loss)1,362(1,008)(191) 
Other undisclosed comprehensive income    
Comprehensive loss:(63,309)(140,927)(76,868)(37,560)
Other undisclosed comprehensive loss, net of tax, attributable to parent    
Comprehensive loss, net of tax, attributable to parent:(63,309)(140,927)(76,868)(37,560)

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.

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