| Balance Sheets | 2025-06-30 | |||
|---|---|---|---|---|
| Prepaid expenses and other current assets | 21,749 | |||
| Contract assets | 997 | |||
| Cash and cash equivalents | 309,333 | |||
| Deferred contract costs | 5,899 | |||
| Short-term investments | 68,111 | |||
| Accounts receivable, net of expected credit losses of 4,649 and 4,592, respectively | 63,630 | |||
| Total current assets | 469,719 | |||
| Property and equipment, net of accumulated depreciation and amortization of 26,847 and 20,253, respectively | 25,706 | |||
| Other assets, noncurrent | 115 | |||
| Operating lease right-of-use assets | 8,806 | |||
| Intangible assets, net of accumulated amortization of 14,112 and 12,205, respectively | 11,890 | |||
| Goodwill | 207,781 | |||
| Contract assets, noncurrent | 807 | |||
| Deferred contract costs, noncurrent | 4,785 | |||
| Long-term investments | 51,063 | |||
| Total assets | 780,672 | |||
| Accrued expenses and other current liabilities | 54,851 | |||
| Operating lease liabilities, current | 2,318 | |||
| Unearned revenue | 3,121 | |||
| Accounts payable | 572 | |||
| Total current liabilities | 60,862 | |||
| Operating lease liabilities, noncurrent | 10,409 | |||
| Unearned revenue, noncurrent | 410 | |||
| Total liabilities | 71,681 | |||
| Accumulated deficit | -213,340 | |||
| Class a common stock, 0.001 par value 1,700,000,000 shares authorized at june30, 2025 and december31, 2024 120,334,155 and 115,635,624 shares issued and outstanding at june30, 2025 and december31, 2024, respectively. class b common stock, 0.001 par value 185,000,000 shares authorized at june30, 2025 and december31, 2024 48,653,295 and 50,307,240 shares issued and outstanding at june30, 2025 and december31, 2024, respectively | 169 | |||
| Additional paid-in capital | 922,023 | |||
| Accumulated other comprehensive income | 139 | |||
| Total stockholders equity | 708,991 | |||
| Total liabilities and stockholders equity | 780,672 | |||
Olo Inc. (OLO)
Olo Inc. (OLO)