SOND · As filed with the SEC

Sonder Holdings balance sheet, by quarter

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.

CONDENSED CONSOLIDATED BALANCE SHEETS (Unaudited) · USD thousands, except per-share amounts

USD thousands, except per-share amounts	Q2 2025 Jun 30, 2025	Q1 2025 Mar 31, 2025	Q4 2024 Dec 31, 2024	Q3 2024 Sep 30, 2024	Q2 2024 Jun 30, 2024	Q1 2024 Mar 31, 2024	Q4 2023 Dec 31, 2023	Q3 2023 Sep 30, 2023
Assets
Current assets:
Cash and cash equivalents	27,130	23,329	20,786	26,957	17,542	40,761	95,763	166,045
Restricted cash	43,828	43,191	51,268	48,942	51,581	54,117	40,734	41,188
Total cash, cash equivalents and restricted cash	—	—	72,054	—	—	—	136,497	—
Accounts receivable, net of allowance of $15,953 and $14,587 at June 30, 2025 and December 31, 2024, respectively	12,003	8,526	13,918	10,182	9,567	8,123	7,999	9,105
Prepaid expenses	2,597	3,646	4,141	4,513	5,795	4,294	5,366	6,388
Other current assets	11,605	9,785	9,733	15,527	11,440	12,399	11,345	10,532
Total current assets	97,163	88,477	99,846	106,121	95,925	119,694	161,207	233,258
Property and equipment, net	4,387	4,383	5,933	10,659	14,284	19,483	22,775	28,462
Operating lease right-of-use (“ROU”) assets	882,139	920,727	1,013,854	1,086,820	1,085,581	1,191,636	1,322,135	1,439,572
Other non-current assets	21,118	19,142	17,544	14,436	14,593	15,753	15,150	15,045
Total assets	1,004,807	1,032,729	1,137,177	1,218,036	1,210,383	1,346,566	1,521,267	1,716,337
Liabilities, mezzanine equity and stockholders’ deficit
Current liabilities:
Accounts payable	49,193	49,217	33,724	33,508	32,145	28,876	23,560	20,514
Accrued liabilities	36,167	34,463	32,621	39,097	38,722	39,471	38,626	24,694
Taxes payable	23,471	22,890	22,224	28,279	15,566	16,357	14,005	15,894
Deferred revenue	96,150	101,068	71,729	74,834	76,556	82,190	61,971	67,819
Other current liabilities	19,822	7,155	5,513	126,589	—	—	—	—
Current portion of long-term debt	1,000	1,000	1,000	1,000	1,000	1,000	168,710	1,000
Current operating lease liabilities	162,349	168,751	171,736	169,974	166,798	180,922	199,364	199,345
Total current liabilities	388,152	384,544	338,547	473,281	330,787	348,816	506,236	329,266
Non-current operating lease liabilities	867,816	907,266	1,009,169	1,070,996	1,074,553	1,245,799	1,389,580	1,382,693
Long-term debt, net	217,922	226,161	217,236	209,851	191,652	176,098	1,500	196,398
Other non-current liabilities	16,142	8,070	8,113	850	750	621	652	668
Total liabilities	1,490,032	1,526,041	1,573,065	1,754,978	1,597,742	1,771,334	1,897,968	1,909,025
Mezzanine equity:
Series A redeemable convertible preferred stock: $0.0001 par value; 250,000,000 shares authorized at June 30, 2025 and December 31, 2024, 59,690,000 and 43,300,000 shares issued and outstanding at June 30, 2025 and December 31, 2024, respectively	230,212	163,434	162,907	59,525	—	—	—	—
Stockholders’ deficit:
Common stock	1	1	1	1	1	1	1	1
Additional paid-in capital	971,552	978,855	977,112	959,501	983,779	980,512	977,503	972,991
Cumulative translation adjustment	(2,704)	4,161	7,360	343	5,782	4,387	4,976	10,908
Accumulated deficit	(1,684,286)	(1,639,763)	(1,583,268)	(1,556,312)	(1,376,921)	(1,409,668)	(1,359,181)	(1,176,588)
Total stockholders’ deficit	(715,437)	(656,746)	(598,795)	(596,467)	(387,359)	(424,768)	(376,701)	(192,688)
Total liabilities and stockholders’ deficit	1,004,807	1,032,729	1,137,177	1,218,036	1,210,383	1,346,566	1,521,267	1,716,337

As filed on EDGAR · Not affiliated with the U.S. SEC · Not investment advice. Each column links to its filing.