EB · As filed with the SEC
Eventbrite cash flow statement, by fiscal year
The statement as Eventbrite presents it in its 10-Q and 10-K: its own lines, labels and order. Tables over time lines up standardized figures across every filing.
CONDENSED CONSOLIDATED STATEMENTS OF CASH FLOWS · USD thousands
| USD thousands | FY2025 Year ended Dec 31, 2025 | FY2024 Year ended Dec 31, 2024 | FY2023 Year ended Dec 31, 2023 | FY2022 Year ended Dec 31, 2022 | FY2021 Year ended Dec 31, 2021 | FY2020 Year ended Dec 31, 2020 | FY2019 Year ended Dec 31, 2019 | FY2018 Year ended Dec 31, 2018 |
|---|---|---|---|---|---|---|---|---|
| Cash flows from operating activities | ||||||||
| Net loss | (10,515) | (15,571) | (26,479) | (55,384) | (139,080) | (224,718) | (68,760) | (64,078) |
| Adjustments to reconcile net loss to net cash provided by operating activities: | ||||||||
| Depreciation and amortization | 13,907 | 15,104 | 13,760 | 14,860 | 18,716 | 22,610 | 24,324 | 34,608 |
| Stock-based compensation expense | 32,509 | 49,688 | 55,056 | 53,356 | 47,523 | 40,215 | 37,594 | 30,231 |
| Impairment charges of creator advances and creator signing fees | — | — | — | — | — | 12,308 | 5,671 | 3,425 |
| Amortization of debt discount and issuance costs | 1,279 | 1,837 | 2,088 | 2,016 | 3,917 | — | — | — |
| Payment-in-kind interest | — | — | 0 | 0 | 2,178 | 6,784 | — | — |
| (Gain) loss on debt extinguishment | (5,821) | 314 | 0 | 0 | 49,977 | 0 | 1,742 | 178 |
| Change in fair value of redeemable convertible preferred stock warrant liability | — | — | — | — | — | 0 | 0 | 9,591 |
| Change in fair value of term loan embedded derivatives | — | — | — | — | — | 0 | 0 | (2,119) |
| Unrealized (gain) loss on foreign currency exchange | (3,241) | 2,548 | (2,703) | 6,013 | — | — | — | — |
| Accretion on short-term investments | (41) | (3,405) | (7,362) | (298) | — | — | — | — |
| Non-cash operating lease expenses | 613 | 617 | 5,137 | 3,423 | 4,647 | 8,827 | 8,246 | — |
| Amortization of debt discount and issuance costs | — | — | — | — | — | 10,226 | 326 | 1,718 |
| Amortization of creator signing fees | 2,429 | 1,193 | 980 | 1,189 | 2,817 | 8,553 | 10,858 | 7,086 |
| Adjustments related to creator advances, creator signing fees, and allowance for credit losses | — | — | — | (2,727) | 1,742 | — | — | — |
| Allowance for credit losses and provision for creator advances | — | — | — | — | 1,029 | 17,634 | 2,433 | 2,742 |
| Provision for chargebacks and refunds | — | — | — | 8,126 | 6,489 | 61,016 | — | — |
| Loss on disposal of equipment | — | — | — | — | — | 3,678 | 73 | 99 |
| Deferred income taxes | — | — | — | — | — | (183) | (380) | 103 |
| Excess tax benefit from stock-based compensation awards | — | — | — | — | — | — | 0 | 0 |
| Changes related to creator advances, creator signing fees, and allowance for credit losses | 2,101 | (127) | (1,340) | — | — | — | — | — |
| Provision for chargebacks and refunds | 16,110 | 27,507 | 12,435 | — | — | — | — | — |
| Gain on litigation settlement | 0 | (3,927) | — | — | — | — | — | — |
| Other | 237 | 551 | 1,161 | 835 | 745 | — | — | — |
| Changes in operating assets and liabilities | ||||||||
| Accounts receivable | 592 | (1,295) | (1,352) | (2,221) | (591) | (2,505) | (288) | (2,092) |
| Funds receivable | 11,416 | 10,554 | (4,692) | (25,550) | (7,390) | 44,089 | 3,801 | (6,810) |
| Creator signing fees and creator advances | — | — | — | 4,405 | 1,533 | (2,665) | (21,216) | (15,973) |
| Creator advances, net | — | — | — | — | 4,694 | 2,516 | (5,685) | (5,308) |
| Creator signing fees and creator advances | (7,722) | (4,728) | (1,108) | — | — | — | — | — |
| Prepaid expenses and other assets | 5,450 | 1,499 | (1,894) | 4,734 | (8,310) | 4,347 | 1,690 | (5,594) |
| Other assets | — | — | — | — | — | 515 | 201 | (1,643) |
| Accounts payable, creators | — | 1,281 | — | — | — | — | — | — |
| Accounts payable, trade | — | (395) | 822 | (57) | (842) | 171 | 670 | (507) |
| Accounts payable, creators | (29,445) | — | (8,599) | 31,358 | 94,088 | (116,737) | 36,170 | 24,523 |
| Accounts payable | (880) | — | — | — | — | — | — | — |
| Chargebacks and refunds reserve | (15,974) | (25,827) | (17,483) | (16,385) | (18,319) | (30,398) | — | — |
| Accrued compensation and benefits | 7,928 | (12,697) | 5,887 | 725 | 6,930 | (2,367) | 761 | 1,791 |
| Accrued taxes | (1,620) | (3,676) | (8,707) | (3,170) | 6,108 | (2,417) | (2,619) | 5,039 |
| Operating lease liabilities | — | (2,106) | — | — | — | — | — | — |
| Operating lease liabilities | (2,233) | — | (2,999) | (4,301) | (5,332) | (9,663) | (9,146) | — |
| Other accrued liabilities | 646 | (3,366) | 6,410 | (12,337) | 14,774 | (7,972) | 2,224 | 4,256 |
| Accrued taxes, noncurrent | — | — | — | — | — | (756) | (137) | (14,458) |
| Other liabilities | — | — | — | — | — | 0 | 105 | 354 |
| Payment-in-kind interest | — | — | 0 | 0 | (8,962) | — | — | — |
| Net cash provided by operating activities | 17,725 | 35,573 | 19,018 | 8,610 | 79,081 | (156,892) | 28,658 | 7,162 |
| Cash flows from investing activities | ||||||||
| Purchases of short-term investments | 0 | (136,809) | (370,160) | (83,926) | — | — | — | — |
| Maturities of short-term investments | — | — | 308,000 | — | — | — | — | — |
| Maturities of short-term investments | 25,000 | 269,001 | — | — | — | — | — | — |
| Purchases of property and equipment | (95) | (600) | (1,097) | (1,425) | (985) | (1,699) | (5,888) | (5,418) |
| Capitalized internal-use software development costs | (3,864) | (7,675) | (6,073) | (3,026) | (1,548) | (4,583) | (7,710) | (7,232) |
| Cash paid for acquisitions, net of cash acquired | — | 0 | 0 | (1,125) | 0 | (6,375) | 0 | 12,611 |
| Net cash provided by (used in) investing activities | 21,041 | 123,917 | (69,330) | (89,502) | (2,533) | (12,657) | (13,598) | (39) |
| Cash flows from financing activities | ||||||||
| Proceeds from issuance of debt and common stock, net of issuance costs paid | — | — | — | — | — | 256,099 | — | — |
| Repayment of debt obligations | (149,603) | (120,450) | — | — | — | 0 | (73,594) | (111,071) |
| Proceeds from issuance of debt | 60,000 | — | 0 | 0 | 212,750 | — | — | — |
| Debt issuance costs | — | — | 0 | 0 | (5,738) | — | — | — |
| Principal repayment of debt obligations and prepayment premium | — | — | 0 | 0 | (143,247) | — | — | — |
| Purchase of convertible notes capped calls | — | — | 0 | 0 | (18,509) | (15,600) | — | — |
| Debt issuance costs | (2,544) | — | — | — | — | 0 | (457) | — |
| Payments of deferred offering costs | — | — | — | — | — | 0 | (413) | — |
| Proceeds from initial public offering, net of underwriters' discounts and offering costs, net | — | — | — | — | — | 0 | 0 | 240,965 |
| Prepayment penalties on debt extinguishment | — | — | — | — | — | 0 | 0 | (6,803) |
| Payments on build-to-suit lease financing obligation | — | — | — | — | — | 0 | 0 | (630) |
| Repurchase of common stock | 0 | (49,652) | — | — | — | — | — | — |
| Proceeds from exercise of stock options | 0 | 0 | 1,297 | 3,146 | 18,526 | 19,282 | 40,669 | 8,108 |
| Excess tax benefit from stock-based compensation awards | — | — | — | — | — | — | 0 | 0 |
| Purchases under employee stock purchase plan | — | 702 | 1,137 | 1,437 | 1,429 | 1,292 | 3,631 | — |
| Taxes paid related to net share settlement of equity awards | (13,908) | (8,068) | (7,342) | (6,591) | (13,705) | (5,517) | (1,066) | (9,013) |
| Proceeds from issuance of redeemable convertible preferred stock, net | — | — | — | — | — | — | 0 | 0 |
| Proceeds from term loans | — | — | — | — | — | — | 0 | 118,578 |
| Payments on finance lease obligations | — | — | — | — | — | (517) | (290) | — |
| Payments on finance lease obligations | — | — | — | — | — | — | — | (78) |
| Other | — | 0 | 0 | (71) | (325) | — | — | — |
| Proceeds from issuance of common stock under ESPP | 291 | — | — | — | — | — | — | — |
| Net cash used in financing activities | (105,764) | (177,468) | (4,908) | (2,079) | 51,181 | 255,039 | (31,520) | 240,056 |
| Effect of exchange rate changes on cash, cash equivalents and restricted cash | 9,976 | (6,691) | 4,246 | (13,014) | — | — | — | — |
| Net decrease in cash, cash equivalents and restricted cash | (57,022) | (24,669) | (50,974) | (95,985) | 127,729 | 85,490 | (16,460) | 247,179 |
| Cash, cash equivalents and restricted cash | ||||||||
| Beginning of period | 464,531 | 489,200 | 540,174 | 636,159 | 508,430 | 422,940 | 439,400 | 192,221 |
| End of period | 407,509 | 464,531 | 489,200 | 540,174 | 636,159 | 508,430 | 422,940 | 439,400 |
| Supplemental cash flow data | ||||||||
| Interest paid | 4,386 | 6,096 | 9,086 | 9,236 | 9,595 | 6,751 | 10,657 | 7,588 |
| Income taxes paid, net of refunds | 1,369 | 1,726 | 902 | 748 | 135 | 835 | 1,096 | 202 |
| Noncash investing and financing activities | ||||||||
| Reduction of operating lease right-of-use asset due to modification and termination | — | — | — | 2,223 | — | — | — | — |
| Operating lease right-of-use assets obtained in exchange for operating lease liabilities | 103 | 1,112 | 0 | 0 | 1,806 | 2,688 | 3,704 | — |
| Indemnity holdback consideration associated with ToneDen acquisition | — | — | — | 0 | 0 | 1,125 | 0 | 0 |
| Vesting of early exercised stock options | — | — | — | 0 | 0 | 241 | 367 | 366 |
| Reduction of right-of-use assets due to modification or exit | 0 | 0 | 3,917 | — | — | — | — | — |
| Purchases of property and equipment included in accounts payable, trade and other accrued liabilities | 0 | 0 | 30 | 63 | 70 | 43 | 436 | — |
| Conversion of redeemable convertible preferred stock in connection with initial public offering | — | — | — | — | — | 0 | 0 | 21,465 |
| Issuance of redeemable convertible preferred stock warrants in connection with the loan facilities and term loan | — | — | — | — | — | — | 0 | 4,603 |
| Issued shares of common stock for acquisitions | — | — | — | — | — | 0 | 0 | 8,832 |
| Issuance of redeemable convertible preferred stock warrants in connection with the loan | — | — | — | — | — | 0 | — | — |
| Deferred offering costs included in accounts payable, trade and other accrued liabilities | — | — | — | — | — | 0 | 0 | 430 |
As filed on EDGAR · Not affiliated with the U.S. SEC · Not investment advice. Each column links to its filing.