SOND · As filed with the SEC
Sonder Holdings balance sheet, by fiscal year
The statement as Sonder Holdings 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.
CONSOLIDATED BALANCE SHEETS · USD thousands
| USD thousands | FY2024 Dec 31, 2024 | FY2023 Dec 31, 2023 | FY2022 Dec 31, 2022 | FY2021 Dec 31, 2021 |
|---|---|---|---|---|
| Assets | ||||
| Current assets: | ||||
| Cash and cash equivalents | 20,786 | 95,763 | 246,624 | 263.94 |
| Deferred offering costs associated with proposed public offering | — | — | — | 0 |
| Prepaid assets | — | — | — | 1,011.08 |
| Restricted cash | 51,268 | 40,734 | 42,562 | — |
| Total cash, cash equivalents and restricted cash | 72,054 | 136,497 | — | — |
| Accounts receivable, net of allowance of $14,587 and $6,196 at December 31, 2024 and 2023, respectively | 13,918 | 7,999 | 5,613 | — |
| Prepaid rent | — | — | 0 | — |
| Prepaid expenses | 4,141 | 5,366 | 8,066 | — |
| Other current assets | 9,733 | 11,345 | 10,065 | — |
| Total current assets | 99,846 | 161,207 | 312,930 | 1,275.02 |
| Marketable securities held in Trust Account | — | — | — | 450,063.41 |
| Property and equipment, net | 5,933 | 22,775 | 34,926 | — |
| Operating lease ROU assets | 1,013,854 | 1,322,135 | 1,209,486 | — |
| Other non-current assets | 17,544 | 15,150 | 16,270 | — |
| Total assets | 1,137,177 | 1,521,267 | 1,573,612 | 451,338.43 |
| Liabilities and stockholders’ deficit | ||||
| Current liabilities: | ||||
| State franchise tax | — | — | — | 200 |
| Accounts payable | 33,724 | 23,560 | 16,082 | — |
| Accrued liabilities | 32,621 | 38,626 | 20,131 | 5,937.13 |
| PIPE subscription | — | — | — | 250 |
| Public warrants | — | — | — | 17,370 |
| Private placement warrants | — | — | — | 10,615 |
| Notes payable—related party | — | — | — | 1,500 |
| Taxes payable | 22,224 | 14,005 | 14,418 | — |
| Other current liabilities | 5,513 | — | — | — |
| Deferred revenue | 71,729 | 61,971 | 41,664 | — |
| Current portion of long-term debt, net | 1,000 | 168,710 | 0 | — |
| Convertible notes | — | — | 0 | — |
| Current operating lease liabilities | 171,736 | 199,364 | 158,346 | — |
| Total current liabilities | 338,547 | 506,236 | 250,641 | 35,872.13 |
| Deferred underwriting compensation | — | — | — | 15,750 |
| Non-current operating lease liabilities | 1,009,169 | 1,389,580 | 1,166,538 | — |
| Deferred rent | — | — | 0 | — |
| Long-term debt, net | 217,236 | 1,500 | 172,950 | — |
| Other non-current liabilities | 8,113 | 652 | 3,430 | — |
| Total liabilities | 1,573,065 | 1,897,968 | 1,593,559 | 51,622.13 |
| Total mezzanine equity | — | — | 0 | — |
| Class A | — | — | — | 450,000 |
| Preferred stock, $0.0001 par value; 1,000,000 shares authorized, none issued or outstanding | — | — | — | 0 |
| Redeemable convertible preferred stock | — | — | 0 | — |
| Exchangeable preferred stock | — | — | 0 | — |
| Mezzanine equity: | ||||
| Series A redeemable convertible preferred stock: $0.0001 par value; 250,000,000 shares authorized, 43,300,000 shares issued and outstanding | 162,907 | — | — | — |
| Stockholders’ deficit: | ||||
| Common stock | 1 | 1 | 21 | — |
| Class A | — | — | — | 0 |
| Class F | — | — | — | 1.13 |
| Additional paid-in-capital | — | — | — | 0 |
| Additional paid-in capital | 977,112 | 977,503 | 947,601 | — |
| Cumulative translation adjustment | 7,360 | 4,976 | 12,985 | — |
| Accumulated deficit | (1,583,268) | (1,359,181) | (980,554) | (50,284.83) |
| Total stockholders’ deficit | (598,795) | (376,701) | (19,947) | (50,283.70) |
| Total liabilities and stockholders’ deficit | 1,137,177 | 1,521,267 | 1,573,612 | 451,338.43 |
As filed on EDGAR · Not affiliated with the U.S. SEC · Not investment advice. Each column links to its filing.