For the year ending 2025-12-31, SKLZ has $293,455K in assets. $181,635K in debts. $194,513K in cash and cash equivalents.
| Balance Sheets | 2025-12-31 | 2024-12-31 | ||
|---|---|---|---|---|
| Cash and cash equivalents | 194,513 | 271,923 | ||
| Restricted cash | 0 | 9,000 | ||
| Accounts receivable, net of allowance for credit losses of 257 and 273 as of december31, 2025 and 2024, respectively | 14,412 | 4,890 | ||
| Prepaid expenses and other current assets | 7,553 | 17,342 | ||
| Total current assets | 216,478 | 303,155 | ||
| Property and equipment, net | 20,776 | 16,282 | ||
| Operating lease right-of-use assets, net | 1,082 | 308 | ||
| Marketable securities, non-current | - | 0 | ||
| Non-marketable equity securities | 52,768 | 52,768 | ||
| Restricted cash, non-current | 1,000 | 1,000 | ||
| Other non-current assets | 1,351 | 755 | ||
| Total non-current assets | 76,977 | 71,113 | ||
| Total assets | 293,455 | 374,268 | ||
| Accounts payable | 9,713 | 9,799 | ||
| Operating lease liabilities, current | 465 | 1,544 | ||
| Current portion of long-term debt | 127,589 | - | ||
| Other current liabilities | 42,944 | 54,564 | ||
| Common stock warrant liabilities, non-current | - | 0 | ||
| Total current liabilities | 180,711 | 65,907 | ||
| Operating lease liabilities, non-current | 665 | 9,338 | ||
| Total debt after discount and issuance costs | -127,589 | - | ||
| Long-term debt, net | -127,589 | 125,654 | ||
| Other non-current liabilities | 259 | 333 | ||
| Total non-current liabilities | 924 | 135,325 | ||
| Total liabilities | 181,635 | 201,232 | ||
| Common stock 0.0001 par value 31.3 millionshares authorized classa common stock25.0 millionshares authorized 19.3 millionand 18.7 millionshares issued 12.2 million and 13.3 million outstanding as of december31, 2025 and 2024, respectively classb common stock6.3 millionshares authorized 3.4 millionshares issued and outstanding as of december31, 2025 and 2024, respectively | 1 | 1 | ||
| Additional paid-in capital | 1,245,462 | 1,226,642 | ||
| Accumulated other comprehensive loss | -371 | 0 | ||
| Accumulated deficit | -1,091,666 | -1,021,258 | ||
| Treasury stock at cost, 7.1million and 5.4million shares as of december31, 2025 and 2024, respectively | 41,606 | 32,349 | ||
| Total stockholders equity | 111,820 | 173,036 | ||
| Total liabilities and stockholders equity | 293,455 | 374,268 | ||
Skillz Inc. (SKLZ)
Skillz Inc. (SKLZ)