Sharecare Inc. (SHCR) Financial Statements (2024 and earlier)

Company Profile

Business Address 255 EAST PACES FERRY ROAD NE
ATLANTA, GA 30305
State of Incorp. DE
Fiscal Year End December 31
Industry (SIC) 80 - Health Services (benchmarking)
More info Complete Financial Analysis Financial Benchmarking

Balance Sheet (Statement of Financial Position) ($ in thousands)
Annual | Quarterly

6/30/2024
MRQ
12/31/2023
12/31/2022
12/31/2021
12/31/2020
ASSETS
Current Assets
Cash, cash equivalents, and short-term investments128,187182,508271,1051,121
Cash and cash equivalents128,187182,508271,1051,121
Receivables130,435120,991108,583 
Prepaid expense6,00712,6128,819367
Other current assets3,1784,5152,459 
Total current assets:267,807320,626390,9661,488
Noncurrent Assets
Property, plant and equipment  5,0824,534 
Intangible assets, net (including goodwill)328,589354,931347,528 
Goodwill192,037191,817192,442 
Intangible assets, net (excluding goodwill)136,552163,114155,086 
Asset, held-in-trust    345,082
Other noncurrent assets13,86320,36212,173 
Other undisclosed noncurrent assets3,375   
Total noncurrent assets:345,827380,375364,235345,082
TOTAL ASSETS:613,634701,001755,201346,570
LIABILITIES AND EQUITY
Liabilities
Current Liabilities
Accounts payable and accrued liabilities, including:70,14240,98751,758293
Taxes payable✕✕✕1,396 
Employee-related liabilities✕✕✕16,428 
Accounts payable45,3888,83827,155 
Accrued liabilities24,75432,1496,779 
Other undisclosed accounts payable and accrued liabilities    293
Deferred revenue5,5179,03211,655 
Other undisclosed current liabilities40,95251,01331,647 
Total current liabilities:116,611101,03295,060293
Noncurrent Liabilities
Long-term debt and lease obligation 519 419 
Long-term debt, excluding current maturities 519 419 
Liabilities, other than long-term debt8,03216,72324,11640,686
Other liabilities8,03216,72324,116 
Derivative instruments and hedges, liabilities    40,686
Other undisclosed noncurrent liabilities4032,44112,56512,075
Total noncurrent liabilities:8,95419,16437,10052,761
Total liabilities:125,565120,196132,16053,053
Temporary equity, carrying amount58,20558,20558,205288,516
Equity
Equity, attributable to parent, including:430,136521,445563,0255,000
Common stock353535 
Additional paid in capital1,157,7371,120,0241,042,16422,374
Accumulated other comprehensive loss(2,263)(2,794)(2,061) 
Accumulated deficit(725,373)(595,820)(477,113)(17,375)
Other undisclosed equity, attributable to parent    1
Equity, attributable to noncontrolling interest(272)1,1551,811 
Total equity:429,864522,600564,8365,000
TOTAL LIABILITIES AND EQUITY:613,634701,001755,201346,570

Income Statement (P&L) ($ in thousands)
Annual | Quarterly

6/30/2024
TTM
12/31/2023
12/31/2022
12/31/2021
12/31/2020
Revenues445,251442,415412,815 
Cost of revenue(319,715)(308,766)(277,328) 
Cost of goods and services sold(315,752)(283,549)(235,819) 
Gross profit:125,536133,649135,487 
Operating expenses(261,511)(272,991)(220,930) 
Operating loss:(135,975)(139,342)(85,443) 
Nonoperating income (expense)5,75419,651(1,707) 
Investment income, nonoperating6,2961,86796 
Other nonoperating income1,21820,21527,007 
Interest and debt expense(1,760)(2,431)(1,148) 
Other undisclosed income from continuing operations before equity method investments, income taxes  2,4311,148 
Loss from continuing operations before equity method investments, income taxes:(131,981)(119,691)(87,150) 
Other undisclosed income from continuing operations before income taxes1,760   
Loss from continuing operations before income taxes:(130,221)(119,691)(87,150) 
Income tax benefit2092062,021 
Loss from continuing operations:(130,012)(119,485)(85,129) 
Loss before gain (loss) on sale of properties:✕✕✕(85,129)✕
Net loss:(130,012)(119,485)(85,129) 
Net income attributable to noncontrolling interest1,514778129 
Net loss available to common stockholders, diluted:(128,498)(118,707)(85,000) 

Comprehensive Income ($ in thousands)
Annual | Quarterly

6/30/2024
TTM
12/31/2023
12/31/2022
12/31/2021
12/31/2020
Net loss:(130,012)(119,485)(85,129) 
Other undisclosed comprehensive income (loss)618(611)(1,486) 
Comprehensive loss:(129,394)(120,096)(86,615) 
Comprehensive income, net of tax, attributable to noncontrolling interest1,427656256 
Comprehensive loss, net of tax, attributable to parent:(127,967)(119,440)(86,359) 

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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