Pluralsight, Inc. (PS) Financial Statements (2023 and earlier)
Company Profile
| Business Address |
42 FUTURE WAY DRAPER, UT 84020 |
| State of Incorp. | DE |
| Fiscal Year End | December 31 |
| Industry (SIC) | 737 - Computer Programming, Data Processing, And Other Computer Related Services (benchmarking) |
| More info | Complete Financial Analysis Financial Benchmarking |
Balance Sheet (Statement of Financial Position) ($ in millions)Annual | Quarterly
| 12/31/2020 | 12/31/2019 | 12/31/2018 | |||
|---|---|---|---|---|---|
| ASSETS | |||||
| Current Assets | |||||
| Cash, cash equivalents, and short-term investments | 400 | 423 | 194 | ||
| Cash and cash equivalents | 134 | 91 | 194 | ||
| Short-term investments | 265 | 332 | |||
| Receivables | 119 | 102 | 63 | ||
| Prepaid expense | 23 | 11 | 8 | ||
| Contract with customer, asset | 23 | 18 | |||
| Other current assets | 2 | 3 | 0 | ||
| Total current assets: | 566 | 557 | 266 | ||
| Noncurrent Assets | |||||
| Operating lease, right-of-use asset | 61 | 16 | ✕ | ||
| Property, plant and equipment | 65 | 23 | 32 | ||
| Long-term investments and receivables | 87 | 106 | |||
| Long-term investments | 87 | 106 | |||
| Intangible assets, net (including goodwill) | 312 | 285 | 125 | ||
| Goodwill | 294 | 263 | 123 | ||
| Intangible assets, net (excluding goodwill) | 18 | 23 | 2 | ||
| Contract with customer, asset, net | 11 | 6 | |||
| Restricted cash and investments | 18 | 29 | 17 | ||
| Other noncurrent assets | 3 | 2 | 1 | ||
| Other undisclosed noncurrent assets | 29 | 9 | 7 | ||
| Total noncurrent assets: | 585 | 475 | 181 | ||
| TOTAL ASSETS: | 1,151 | 1,032 | 447 | ||
| LIABILITIES AND EQUITY | |||||
| Liabilities | |||||
| Current Liabilities | |||||
| Accounts payable and accrued liabilities | 68 | 51 | 39 | ||
| Accounts payable | 10 | 11 | 7 | ||
| Accrued liabilities | 58 | 41 | 32 | ||
| Deferred revenue | 252 | 215 | ✕ | ||
| Debt | 6 | ||||
| Other undisclosed current liabilities | 22 | 12 | 168 | ||
| Total current liabilities: | 342 | 284 | 207 | ||
| Noncurrent Liabilities | |||||
| Long-term debt and lease obligation | 572 | 481 | 16 | ||
| Long-term debt, excluding current maturities | 497 | 470 | |||
| Capital lease obligations | ✕ | ✕ | 16 | ||
| Operating lease, liability | 74 | 11 | ✕ | ||
| Liabilities, other than long-term debt | 35 | 20 | 1 | ||
| Deferred revenue | 24 | 20 | ✕ | ||
| Other liabilities | 0 | 1 | 1 | ||
| Business combination, contingent consideration, liability | 11 | ||||
| Other undisclosed noncurrent liabilities | 15 | ||||
| Total noncurrent liabilities: | 607 | 502 | 32 | ||
| Total liabilities: | 949 | 786 | 239 | ||
| Stockholders' equity | |||||
| Stockholders' equity attributable to parent, including: | 167 | 183 | 101 | ||
| Additional paid in capital | 753 | 641 | 457 | ||
| Accumulated other comprehensive income (loss) | 1 | 0 | (0) | ||
| Accumulated deficit | (586) | (458) | (355) | ||
| Other undisclosed stockholders' equity attributable to parent | 0 | 0 | 0 | ||
| Stockholders' equity attributable to noncontrolling interest | 34 | 63 | 107 | ||
| Total stockholders' equity: | 202 | 246 | 209 | ||
| TOTAL LIABILITIES AND EQUITY: | 1,151 | 1,032 | 447 | ||
Income Statement (P&L) ($ in millions) Annual | Quarterly
| 12/31/2020 | 12/31/2019 | 12/31/2018 | ||
|---|---|---|---|---|
| Revenues | 392 | 317 | 232 | |
| Cost of revenue | (83) | (71) | (63) | |
| Gross profit: | 309 | 246 | 169 | |
| Operating expenses | (453) | (396) | (306) | |
| Operating loss: | (143) | (150) | (137) | |
| Nonoperating income (Other Nonoperating income) | 8 | 12 | 2 | |
| Interest and debt expense | (29) | (25) | (7) | |
| Loss from continuing operations before equity method investments, income taxes: | (164) | (163) | (142) | |
| Other undisclosed loss from continuing operations before income taxes | (4) | |||
| Loss from continuing operations before income taxes: | (164) | (163) | (146) | |
| Income tax expense (benefit) | 0 | (1) | (1) | |
| Net loss: | (164) | (164) | (147) | |
| Net income attributable to noncontrolling interest | 36 | 51 | 50 | |
| Net loss attributable to parent: | (128) | (113) | (97) | |
| Preferred stock dividends and other adjustments | (176) | |||
| Net loss available to common stockholders, diluted: | (128) | (113) | (273) | |
Comprehensive Income ($ in millions)Annual | Quarterly
| 12/31/2020 | 12/31/2019 | 12/31/2018 | ||
|---|---|---|---|---|
| Net loss: | (164) | (164) | (147) | |
| Other comprehensive income | 1 | 0 | ||
| Other undisclosed comprehensive loss | (0) | |||
| Comprehensive loss: | (163) | (163) | (147) | |
| Comprehensive income, net of tax, attributable to noncontrolling interest | 36 | 51 | 50 | |
| Comprehensive loss, net of tax, attributable to parent: | (127) | (112) | (97) | |
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.