Leafly Holdings Inc. (LFLY) Financial Statements (2025 and earlier)
Company Profile
| Business Address |
113 CHERRY STREET SEATTLE, WA 98104-2205 |
| State of Incorp. | WA |
| 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 | 12/31/2020 | 12/31/2019 | |||
|---|---|---|---|---|---|---|---|---|
| ASSETS | ||||||||
| Current Assets | ||||||||
| Cash, cash equivalents, and short-term investments | 15,293 | 24,594 | 176 | 172 | 363 | |||
| Cash and cash equivalents | 15,293 | 24,594 | 176 | 172 | 363 | |||
| Restricted cash and investments | 608 | |||||||
| Receivables | 2,635 | 3,298 | ||||||
| Prepaid expense | 432 | 805 | 177 | |||||
| Other current assets | 74 | 71 | ||||||
| Other undisclosed current assets | 568 | 1,051 | 182 | 100 | ||||
| Total current assets: | 19,002 | 30,427 | 358 | 271 | 539 | |||
| Noncurrent Assets | ||||||||
| Property, plant and equipment | 2,554 | 2,285 | ||||||
| Restricted cash and investments | 251 | |||||||
| Other noncurrent assets | 28 | |||||||
| Other undisclosed noncurrent assets | 90,849 | 130,681 | 130,312 | |||||
| Total noncurrent assets: | 2,833 | 2,285 | 90,849 | 130,681 | 130,312 | |||
| TOTAL ASSETS: | 21,835 | 32,712 | 91,207 | 130,952 | 130,851 | |||
| LIABILITIES AND EQUITY | ||||||||
| Liabilities | ||||||||
| Current Liabilities | ||||||||
| Accounts payable and accrued liabilities, including: | 3,316 | 7,860 | 1,602 | 148 | 154 | |||
| Taxes payable | ✕ | ✕ | ✕ | 6 | 27 | |||
| Accounts payable | 813 | 1,625 | ||||||
| Accrued liabilities | 2,503 | 6,235 | 127 | |||||
| Other undisclosed accounts payable and accrued liabilities | 1,602 | 142 | ||||||
| Deferred revenue | 1,764 | 1,958 | ||||||
| Debt | ||||||||
| Due to related parties | ✕ | ✕ | 0 | |||||
| Other undisclosed current liabilities | 817 | 23 | 16 | |||||
| Total current liabilities: | 5,080 | 9,818 | 2,419 | 171 | 171 | |||
| Noncurrent Liabilities | ||||||||
| Long-term debt and lease obligation | 29,085 | 28,863 | ||||||
| Long-term debt, excluding current maturities | 29,085 | 28,863 | ||||||
| Liabilities, other than long-term debt | 0 | |||||||
| Deferred income tax liabilities | 0 | |||||||
| Other liabilities | ||||||||
| Other undisclosed noncurrent liabilities | 128 | 438 | 9,158 | 3,951 | ||||
| Total noncurrent liabilities: | 29,213 | 29,301 | 9,158 | 3,951 | 0 | |||
| Total liabilities: | 34,293 | 39,119 | 11,576 | 4,121 | 171 | |||
| Temporary equity, carrying amount | 90,831 | 130,545 | 125,680 | |||||
| Equity | ||||||||
| Equity, attributable to parent | (12,458) | (6,407) | (11,200) | (3,714) | 5,000 | |||
| Common stock | 4 | 0 | 0 | 0 | ||||
| Treasury stock, value | (31,663) | (31,663) | ||||||
| Additional paid in capital | 93,403 | 89,952 | 4,898 | |||||
| Retained earnings (accumulated deficit) | (74,198) | (64,700) | (11,200) | (3,714) | 102 | |||
| Total equity: | (12,458) | (6,407) | (11,200) | (3,714) | 5,000 | |||
| TOTAL LIABILITIES AND EQUITY: | 21,835 | 32,712 | 91,207 | 130,952 | 130,851 | |||
Income Statement (P&L) ($ in thousands)
| 9/30/2024 TTM | 12/31/2023 | 12/31/2022 | 12/31/2021 | 12/31/2020 | 12/31/2019 | ||
|---|---|---|---|---|---|---|---|
| Revenues | 42,252 | 47,363 | |||||
| Cost of revenue | (4,801) | (5,860) | |||||
| Gross profit: | 37,451 | 41,503 | |||||
| Operating expenses | (44,502) | (69,508) | (2,699) | (661) | |||
| Operating loss: | (7,051) | (28,005) | (2,699) | (661) | |||
| Nonoperating income | 331 | 35,886 | |||||
| Investment income, nonoperating | 309 | 36,823 | |||||
| Other nonoperating income (expense) | 22 | (937) | |||||
| Income (loss) from continuing operations before equity method investments, income taxes: | (6,720) | 7,881 | (2,699) | (661) | |||
| Other undisclosed loss from continuing operations before income taxes | (2,778) | (2,811) | (3,003) | (1,186) | |||
| Income (loss) from continuing operations before income taxes: | (9,498) | 5,070 | (5,702) | (1,847) | |||
| Income tax expense (benefit) | 528 | 266 | 0 | (27) | |||
| Other undisclosed income from continuing operations | 1,695 | ||||||
| Income (loss) from continuing operations: | (8,970) | 5,336 | (5,702) | (179) | |||
| Loss before gain (loss) on sale of properties: | ✕ | ✕ | ✕ | (5,702) | (179) | ||
| Other undisclosed net loss | (0) | (1,695) | |||||
| Net income (loss): | (8,970) | 5,336 | (5,702) | (1,874) | |||
| Net income attributable to noncontrolling interest | 2,989 | ||||||
| Other undisclosed net loss attributable to parent | (528) | (266) | (2,989) | ||||
| Net income (loss) attributable to parent: | (9,498) | 5,070 | (5,702) | (1,874) | |||
| Undistributed earnings (loss) allocated to participating securities, basic | 9,498 | (4,724) | |||||
| Net income (loss) available to common stockholders, diluted: | 346 | (5,702) | (1,874) | ||||
Comprehensive Income ($ in thousands)
| 9/30/2024 TTM | 12/31/2023 | 12/31/2022 | 12/31/2021 | 12/31/2020 | 12/31/2019 | ||
|---|---|---|---|---|---|---|---|
| Net income (loss): | (8,970) | 5,336 | (5,702) | (1,874) | |||
| Comprehensive income (loss), net of tax, attributable to parent: | (8,970) | 5,336 | (5,702) | (1,874) | |||
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.