The latest financial statement is for the year ending 2025-12-31.
| Cash Flow | 2025-12-31 | 2024-12-31 |
|---|---|---|
| Net loss | -70,408 | -46,790 |
| Depreciation and amortization | 1,381 | 1,665 |
| Stock-based compensation | 19,580 | 30,015 |
| Gain on extinguishment of debt | - | 0 |
| Accretion of unamortized debt discount and amortization of debt issuance costs | 1,935 | 1,719 |
| Amortization of premium for marketable securities | - | 0 |
| Impairment charges of goodwill and long-lived assets | - | 0 |
| Non-cash lease expense | 306 | - |
| Change in fair value of common stock warrant liabilities | 0 | -11 |
| (recoveries of) provision for bad debt | -16 | 221 |
| Other, net | - | 0 |
| Accounts receivable | 9,506 | -831 |
| Prepaid expenses and other assets | -9,193 | 8,683 |
| Accounts payable | 411 | 7,022 |
| Operating lease liabilities | -10,369 | -298 |
| Other accruals and liabilities | -11,434 | 7,235 |
| Net cash used in operating activities | -68,927 | -7,074 |
| Purchases of property and equipment | 1,403 | 668 |
| Capitalization of software development costs | 4,734 | 1,841 |
| Investment in loan receivable | - | 0 |
| Purchases of marketable securities | 0 | 5 |
| Proceeds from sales of marketable securities | 0 | 1,137 |
| Proceeds from maturities of marketable securities | - | 0 |
| Net cash used in investing activities | -6,137 | -1,377 |
| Principal payments on finance leases obligations | 462 | 869 |
| Payments for extinguishment of debt | - | 0 |
| Repurchase of common stock | 9,257 | 19,349 |
| Net proceeds from exercise of stock options and issuance of common stock | - | 1,436 |
| Shares withheld for net settlement, net of proceeds from exercise of stock options | 1,256 | - |
| Net cash used in financing activities | -10,975 | -21,654 |
| Effect of exchange rates on cash and cash equivalents | -371 | - |
| Net change in cash, cash equivalents and restricted cash | -86,410 | -30,105 |
| Cash, cash equivalents and restricted cashbeginning of year | 281,923 | 312,028 |
| Cash, cash equivalents and restricted cashend of year | 195,513 | 281,923 |
Skillz Inc. (SKLZ)
Skillz Inc. (SKLZ)