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
Assets
Current assets:
Cash and cash equivalents	27,130	23,329	20,786	26,957
Restricted cash	43,828	43,191	51,268	48,942
Total cash, cash equivalents and restricted cash	—	—	72,054	—
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
Prepaid expenses	2,597	3,646	4,141	4,513
Other current assets	11,605	9,785	9,733	15,527
Total current assets	97,163	88,477	99,846	106,121
Property and equipment, net	4,387	4,383	5,933	10,659
Operating lease right-of-use (“ROU”) assets	882,139	920,727	1,013,854	1,086,820
Other non-current assets	21,118	19,142	17,544	14,436
Total assets	1,004,807	1,032,729	1,137,177	1,218,036
Liabilities, mezzanine equity and stockholders’ deficit
Current liabilities:
Accounts payable	49,193	49,217	33,724	33,508
Accrued liabilities	36,167	34,463	32,621	39,097
Taxes payable	23,471	22,890	22,224	28,279
Deferred revenue	96,150	101,068	71,729	74,834
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
Current operating lease liabilities	162,349	168,751	171,736	169,974
Total current liabilities	388,152	384,544	338,547	473,281
Non-current operating lease liabilities	867,816	907,266	1,009,169	1,070,996
Long-term debt, net	217,922	226,161	217,236	209,851
Other non-current liabilities	16,142	8,070	8,113	850
Total liabilities	1,490,032	1,526,041	1,573,065	1,754,978
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
Additional paid-in capital	971,552	978,855	977,112	959,501
Cumulative translation adjustment	(2,704)	4,161	7,360	343
Accumulated deficit	(1,684,286)	(1,639,763)	(1,583,268)	(1,556,312)
Total stockholders’ deficit	(715,437)	(656,746)	(598,795)	(596,467)
Total liabilities and stockholders’ deficit	1,004,807	1,032,729	1,137,177	1,218,036

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