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For the quarter ending 2026-03-31, SKLZ has $287,348K in assets. $185,135K in debts. $185,401K in cash and cash equivalents.

Balance Sheets Overview

Current Ratio
113.44%
Quick Ratio
113.44%
Cash Ratio
100.58%
Debt to Asset Ratio
64.43%
Unit: Thousand (K) dollars
Assets Breakdown
    • Cash and cash equivalents
    • Non-marketable equity securities
    • Accounts receivable, net of allo...
    • Others
Liabilities Breakdown
    • Additional paid-in capital
    • Accumulated deficit
    • Treasury stock at cost, 7.1 mill...
    • Others

Balance Sheets
2026-03-31
2025-12-31
2025-09-30
2025-06-30
Cash and cash equivalents
185,401 194,513 211,801 228,657
Restricted cash
-0 0 9,000
Accounts receivable, net of allowance for credit losses of 257 as of march 31, 2026 and december 31, 2025
16,062 14,412 14,264 8,978
Prepaid expenses and other current assets
7,639 7,553 7,052 7,551
Total current assets
209,102 216,478 233,117 254,186
Property and equipment, net
20,979 20,776 20,249 19,047
Operating lease right-of-use assets, net
917 1,082 1,196 223
Non-marketable equity securities
52,768 52,768 52,768 52,768
Restricted cash, non-current
1,000 1,000 1,000 1,000
Other non-current assets
2,582 1,351 915 979
Total non-current assets
78,246 76,977 --
Total assets
287,348 293,455 309,245 328,203
Accounts payable
8,609 9,713 7,992 8,615
Total debt after discount and issuance costs
--127,589 --
Operating lease liabilities, current
417 465 454 190
Current portion of long-term debt
128,110 -127,589 --
Current portion of long-term debt
-127,589 --
Other current liabilities
47,192 42,944 45,498 52,129
Total current liabilities
184,328 180,711 53,944 60,934
Operating lease liabilities, non-current
547 665 743 34
Long-term debt, net
-0 127,083 126,593
Other non-current liabilities
260 259 299 299
Total non-current liabilities
807 924 --
Total liabilities
185,135 181,635 182,069 187,860
Common stock 0.0001 par value 31.3million shares authorized classa common stock25.0 million shares authorized 19.5 million and 19.3 million shares issued 12.4 million and 12.2 million outstanding as of march 31, 2026 and december 31, 2025, respectively classb common stock6.3 million shares authorized 3.4 million shares issued and outstanding as of march 31, 2026 and december 31, 2025, respectively
1 1 1 1
Additional paid-in capital
1,247,726 1,245,462 1,241,011 1,236,721
Accumulated other comprehensive loss
-1,297 -371 --
Accumulated deficit
-1,102,611 -1,091,666 -1,073,764 -1,056,322
Treasury stock at cost, 7.1 million and 7.1 million shares as of march 31, 2026 and december 31, 2025, respectively
41,606 41,606 40,072 40,057
Total stockholders equity
102,213 111,820 127,176 140,343
Total liabilities and stockholders equity
287,348 293,455 309,245 328,203
Unit: Thousand (K) dollars (except for numbers of shares and EPS). Numbers labeled with * are estimated quarterly values.

Time Plot

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Balance Sheets

Cash and cashequivalents$185,401K (-27.11%↓ Y/Y)Accounts receivable, netof allowance for...$16,062K (97.69%↑ Y/Y)Prepaid expenses andother current assets$7,639K (-52.24%↓ Y/Y)Non-marketable equitysecurities$52,768K (0.00%↑ Y/Y)Property and equipment,net$20,979K (19.76%↑ Y/Y)Other non-currentassets$2,582K (197.81%↑ Y/Y)Restricted cash,non-current$1,000K (0.00%↑ Y/Y)Operating leaseright-of-use assets, net$917K (244.74%↑ Y/Y)Total current assets$209,102K (-27.26%↓ Y/Y)Total non-currentassets$78,246K Total assets$287,348K (-20.15%↓ Y/Y)Total liabilities andstockholders equity$287,348K (-20.15%↓ Y/Y)Total liabilities$185,135K (-8.83%↓ Y/Y)Total stockholdersequity$102,213K (-34.82%↓ Y/Y)Accumulated deficit-$1,102,611K (-6.18%↓ Y/Y)Treasury stock at cost,7.1 million and 7.1...$41,606K (12.20%↑ Y/Y)Accumulated othercomprehensive loss-$1,297K Total currentliabilities$184,328K (172.19%↑ Y/Y)Total non-currentliabilities$807K Additional paid-in capital$1,247,726K (1.25%↑ Y/Y)Common stock 0.0001 parvalue 31.3million...$1K (0.00%↑ Y/Y)Current portion oflong-term debt$128,110K Other currentliabilities$47,192K (-16.81%↓ Y/Y)Accounts payable$8,609K (-8.28%↓ Y/Y)Operating leaseliabilities, current$417K (-74.08%↓ Y/Y)Operating leaseliabilities, non-current$547K (-93.86%↓ Y/Y)Other non-currentliabilities$260K (-20.49%↓ Y/Y)

Skillz Inc. (SKLZ)

Skillz Inc. (SKLZ)