Skillz Inc. (SKLZ) financial statements (2022 and earlier)

Company profile

Business Address P.O. BOX 445
SAN FRANCISCO, CA 94104-0445
State of Incorp. DE
Fiscal Year End December 31
SIC 7374 - Computer Processing and Data Preparation and Processing Services (benchmarking)
More info Complete financial analysis Financial benchmarking

Balance sheet (Statement of financial position) ($ in millions)

12/31/2021
12/31/2020
ASSETS
Current Assets
Cash, cash equivalents, and short-term investments560263
Cash and cash equivalents241263
Short-term investments319 
Receivables13 
Prepaid expense64
Other current assets11
Other undisclosed current assets106
Total current assets:591273
Noncurrent Assets
Operating lease, right-of-use asset15 
Property, plant and equipment 5
Long-term investments and receivables183 
Long-term investments183 
Intangible assets, net (including goodwill)166 
Goodwill87 
Intangible assets, net (excluding goodwill)79 
Other noncurrent assets34
Other undisclosed noncurrent assets66 
Total noncurrent assets:4329
TOTAL ASSETS:1,023282
LIABILITIES AND EQUITY
Liabilities
Current Liabilities
Accounts payable and accrued liabilities2028
Accounts payable2022
Accrued liabilities06
Other liabilities6520
Other undisclosed current liabilities2 
Total current liabilities:8747
Noncurrent Liabilities
Long-term debt and lease obligation294 
Long-term debt, excluding current maturities279 
Finance lease, liability1 
Operating lease, liability14 
Liabilities, other than long-term debt140
Other liabilities140
Other undisclosed noncurrent liabilities5178
Total noncurrent liabilities:312178
Total liabilities:399226
Stockholders' equity
Stockholders' equity attributable to parent62457
Common stock00
Additional paid in capital1,044295
Accumulated other comprehensive loss(0) 
Accumulated deficit(420)(238)
Total stockholders' equity:62457
TOTAL LIABILITIES AND EQUITY:1,023282

Income statement (P&L) ($ in millions)

12/31/2021
12/31/2020
Revenues384230
Cost of revenue(25)(12)
Gross profit:359218
Operating expenses(647)(317)
Operating loss:(287)(100)
Nonoperating income (expense)
(Other Nonoperating Income (Expense))
0(21)
Interest and debt expense(1)(1)
Loss from continuing operations before equity method investments, income taxes:(288)(122)
Other undisclosed income (loss) from continuing operations before income taxes88(23)
Loss from continuing operations before income taxes:(200)(145)
Income tax expense (benefit)19(0)
Net loss available to common stockholders, basic:(181)(146)
Other undisclosed net loss available to common stockholders, diluted(88) 
Net loss available to common stockholders, diluted:(269)(146)

Comprehensive Income ($ in millions)

12/31/2021
12/31/2020
Net loss:(181)(146)
Comprehensive loss:(181)(146)
Other undisclosed comprehensive loss, net of tax, attributable to parent(0) 
Comprehensive loss, net of tax, attributable to parent:(182)(146)

Statements sources

The financial statements are based on the company's filings with the 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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