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CONSOLIDATED BALANCE SHEETS - USD ($)
$ in Thousands
Jun. 30, 2024
Dec. 31, 2023
Current assets:    
Cash and cash equivalents $ 85,151 $ 128,187
Accounts receivable, net (net of allowance for doubtful accounts of $8,091 and $8,544, respectively) 130,519 128,173
Other receivables 2,773 2,262
Prepaid expenses 8,727 6,007
Other current assets 2,644 3,178
Total current assets 229,814 267,807
Property and equipment, net 2,218 3,375
Other long-term assets 13,043 13,863
Intangible assets, net 123,308 136,552
Goodwill 191,819 192,037
Total assets 560,202 613,634
Current liabilities:    
Accounts payable 48,102 45,388
Accrued expenses and other current liabilities (Note 3) 60,461 65,706
Deferred revenue 5,365 5,517
Total current liabilities 113,928 116,611
Warrant liabilities 1,398 403
Long-term debt 0 519
Other long-term liabilities 7,069 8,032
Total liabilities 122,395 125,565
Commitments and contingencies (Note 7)
Series A redeemable convertible preferred stock, $0.0001 par value; 5,000,000 shares authorized; 5,000,000 shares issued and outstanding, aggregate liquidation preference of $50,000 as of June 30, 2024 and December 31, 2023 58,205 58,205
Stockholders’ equity:    
Common stock $0.0001 par value; 600,000,000 and 600,000,000 shares authorized; 367,662,956 and 353,430,357 shares issued and outstanding as of June 30, 2024 and December 31, 2023, respectively 37 35
Additional paid-in capital 1,185,003 1,157,737
Accumulated other comprehensive loss (2,645) (2,263)
Accumulated deficit (802,497) (725,373)
Total Sharecare, Inc. stockholders’ equity 379,898 430,136
Noncontrolling interest in subsidiaries (296) (272)
Total stockholders’ equity 379,602 429,864
Total liabilities, redeemable convertible preferred stock and stockholders’ equity $ 560,202 $ 613,634