Nextdoor Holdings, Inc. (KIND) Financial Statements (2024 and earlier)

Company Profile

Business Address 420 TAYLOR STREET
SAN FRANCISCO, CA 94012
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 thousands)

9/30/2023
MRQ
12/31/2022
12/31/2021
ASSETS
Current Assets
Cash, cash equivalents, and short-term investments583,303715,811
Cash and cash equivalents55,236521,812
Short-term investments528,067193,999
Receivables29,77029,673
Other undisclosed current assets12,18516,259
Total current assets:625,258761,743
Noncurrent Assets
Operating lease, right-of-use asset52,55559,422
Property, plant and equipment11,81812,545
Intangible assets, net (including goodwill)4,2786,046
Goodwill1,2111,211
Intangible assets, net (excluding goodwill)3,0674,835
Restricted cash and investments  
Other noncurrent assets5,653330
Total noncurrent assets:74,30478,343
TOTAL ASSETS:699,562840,086
LIABILITIES AND EQUITY
Liabilities
Current Liabilities
Accounts payable and accrued liabilities26,89721,607
Accounts payable4,5356,163
Accrued liabilities22,36215,444
Other undisclosed current liabilities7,76611,896
Total current liabilities:34,66333,503
Noncurrent Liabilities
Long-term debt and lease obligation:  61,598
Liabilities, other than long-term debt53,831 
Other liabilities  
Operating lease, liability53,83161,598
Other undisclosed noncurrent liabilities  (61,598)
Total noncurrent liabilities:53,83161,598
Total liabilities:88,49495,101
Equity
Equity, attributable to parent, including:611,068744,985
Additional paid in capital1,231,4821,225,815
Accumulated other comprehensive loss(2,196)(529)
Accumulated deficit(618,255)(480,339)
Other undisclosed equity, attributable to parent3738
Total equity:611,068744,985
TOTAL LIABILITIES AND EQUITY:699,562840,086

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

9/30/2023
TTM
12/31/2022
12/31/2021
Revenues212,765192,197
Cost of revenue(38,981)(28,813)
Gross profit:173,784163,384
Operating expenses(317,988)(258,190)
Operating loss:(144,204)(94,806)
Nonoperating income (expense)7,961(362)
Investment income, nonoperating9,304177
Other nonoperating expense(1,343)(539)
Loss from continuing operations before income taxes:(136,243)(95,168)
Income tax expense(1,673)(157)
Loss from continuing operations:(137,916)(95,325)
Loss before gain (loss) on sale of properties:(95,325)
Net loss available to common stockholders, diluted:(137,916)(95,325)

Comprehensive Income ($ in thousands)

9/30/2023
TTM
12/31/2022
12/31/2021
Net loss:(137,916)(95,325)
Comprehensive loss:(137,916)(95,325)
Other undisclosed comprehensive income (loss), net of tax, attributable to parent(1,667)268
Comprehensive loss, net of tax, attributable to parent:(139,583)(95,057)

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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