Kaltura Inc. (KLTR) Financial Statements (2025 and earlier)
Company Profile
| Business Address |
250 PARK AVENUE SOUTH NEW YORK, NY 10003 |
| State of Incorp. | |
| 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)
| 9/30/2024 MRQ | 12/31/2023 | 12/31/2022 | 12/31/2021 | |||
|---|---|---|---|---|---|---|
| ASSETS | ||||||
| Current Assets | ||||||
| Cash, cash equivalents, and short-term investments | 72,773 | 88,568 | 143,949 | |||
| Cash and cash equivalents | 36,684 | 44,625 | 143,949 | |||
| Short-term investments | 36,089 | 43,943 | ||||
| Restricted cash and investments | ||||||
| Receivables | 23,312 | 29,208 | 17,509 | |||
| Prepaid expense | 3,858 | |||||
| Capitalized contract cost | 10,636 | 10,759 | 9,079 | |||
| Derivative instruments and hedges, assets | 998 | |||||
| Deposits current assets | 564 | |||||
| Other current assets | 1,359 | 1,130 | 112 | |||
| Other undisclosed current assets | 2,656 | 3,369 | 576 | |||
| Total current assets: | 111,734 | 133,034 | 175,647 | |||
| Noncurrent Assets | ||||||
| Operating lease, right-of-use asset | 13,872 | 20,814 | ||||
| Property, plant and equipment | 20,113 | 15,142 | 9,503 | |||
| Long-term investments and receivables | 5,844 | |||||
| Long-term investments | 5,844 | |||||
| Intangible assets, net (including goodwill) | 11,759 | 12,314 | 12,979 | |||
| Goodwill | 11,070 | 11,070 | 11,070 | |||
| Intangible assets, net (excluding goodwill) | 689 | 1,244 | 1,909 | |||
| Capitalized contract cost, net | 17,314 | 21,691 | 22,621 | |||
| Other noncurrent assets | 3,100 | 3,176 | 2,543 | |||
| Total noncurrent assets: | 72,002 | 73,137 | 47,646 | |||
| TOTAL ASSETS: | 183,736 | 206,171 | 223,293 | |||
| LIABILITIES AND EQUITY | ||||||
| Liabilities | ||||||
| Current Liabilities | ||||||
| Accounts payable and accrued liabilities | 4,353 | 7,471 | 41,872 | |||
| Taxes payable | ✕ | ✕ | ✕ | 9,525 | ||
| Employee-related liabilities | ✕ | ✕ | ✕ | 18,627 | ||
| Accounts payable | 6,480 | |||||
| Accrued liabilities | 4,353 | 7,471 | 7,240 | |||
| Deferred revenue | 62,364 | 59,841 | 51,689 | |||
| Debt | 1,612 | 5,793 | 2,794 | |||
| Derivative instruments and hedges, liabilities | 120 | |||||
| Other undisclosed current liabilities | 31,580 | 35,612 | 1,731 | |||
| Total current liabilities: | 99,909 | 108,837 | 98,086 | |||
| Noncurrent Liabilities | ||||||
| Long-term debt and lease obligation | 33,047 | 30,004 | 35,795 | |||
| Long-term debt, excluding current maturities | 33,047 | 30,004 | 35,795 | |||
| Liabilities, other than long-term debt | 20,460 | 23,984 | 4,138 | |||
| Deferred revenue | 369 | 1,266 | 1,953 | |||
| Other liabilities | 2,295 | 2,021 | 2,185 | |||
| Operating lease, liability | 17,796 | 20,697 | ||||
| Total noncurrent liabilities: | 53,507 | 53,988 | 39,933 | |||
| Total liabilities: | 153,416 | 162,825 | 138,019 | |||
| Equity | ||||||
| Equity, attributable to parent, including: | 30,320 | 43,346 | 85,274 | |||
| Treasury stock, value | (4,881) | (4,881) | (4,881) | |||
| Additional paid in capital | 471,635 | 439,644 | 412,776 | |||
| Accumulated other comprehensive income (loss) | 1,047 | (301) | ||||
| Accumulated deficit | (437,495) | (391,129) | (322,634) | |||
| Other undisclosed equity, attributable to parent | 14 | 13 | 13 | |||
| Total equity: | 30,320 | 43,346 | 85,274 | |||
| TOTAL LIABILITIES AND EQUITY: | 183,736 | 206,171 | 223,293 | |||
Income Statement (P&L) ($ in thousands)
| 9/30/2024 TTM | 12/31/2023 | 12/31/2022 | 12/31/2021 | ||
|---|---|---|---|---|---|
| Revenues | 175,172 | 168,811 | 165,016 | ||
| Cost of revenue | (62,938) | (61,871) | (62,314) | ||
| Cost of goods and services sold | (62,938) | (61,871) | |||
| Gross profit: | 112,234 | 106,940 | 102,702 | ||
| Operating expenses | (150,889) | (163,319) | (135,377) | ||
| Operating loss: | (38,655) | (56,379) | (32,675) | ||
| Nonoperating income (expense) | 1,200 | (4,248) | (20,106) | ||
| Gain, foreign currency transaction, before tax | |||||
| Other nonoperating income (expense) | (373) | (790) | (420) | ||
| Interest and debt expense | (3,178) | (2,301) | (2,979) | ||
| Loss from continuing operations before equity method investments, income taxes: | (40,633) | (62,928) | (55,760) | ||
| Other undisclosed income from continuing operations before income taxes | 3,178 | 2,301 | 2,979 | ||
| Loss from continuing operations before income taxes: | (37,455) | (60,627) | (52,781) | ||
| Income tax expense | (8,911) | (7,868) | (6,570) | ||
| Loss from continuing operations: | (46,366) | (68,495) | (59,351) | ||
| Loss before gain (loss) on sale of properties: | ✕ | ✕ | ✕ | (59,351) | |
| Net loss attributable to parent: | (46,366) | (68,495) | (59,351) | ||
| Preferred stock dividends and other adjustments | (8,241) | ||||
| Net loss available to common stockholders, diluted: | (46,366) | (68,495) | (67,592) | ||
Comprehensive Income ($ in thousands)
| 9/30/2024 TTM | 12/31/2023 | 12/31/2022 | 12/31/2021 | ||
|---|---|---|---|---|---|
| Net loss: | (46,366) | (68,495) | (59,351) | ||
| Other comprehensive income (loss) | 1,348 | (301) | |||
| Comprehensive loss, net of tax, attributable to parent: | (45,018) | (68,796) | (59,351) | ||
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.