XML 16 R6.htm IDEA: XBRL DOCUMENT v3.23.3
CONDENSED CONSOLIDATED STATEMENTS OF STOCKHOLDERS' EQUITY (DEFICIT) - USD ($)
shares in Thousands, $ in Thousands
Total
ATM Offering Agreement
Cumulative Effect, Period of Adoption, Adjustment
Class A Common Stock
Class B Common Stock
Class C Common Stock
Total BuzzFeed, Inc. stockholders’ equity
Total BuzzFeed, Inc. stockholders’ equity
ATM Offering Agreement
Total BuzzFeed, Inc. stockholders’ equity
Cumulative Effect, Period of Adoption, Adjustment
Common Stock
Class A Common Stock
Common Stock
Class A Common Stock
ATM Offering Agreement
Common Stock
Class B Common Stock
Common Stock
Class C Common Stock
Additional paid-in capital
Additional paid-in capital
ATM Offering Agreement
Accumulated deficit
Accumulated deficit
Cumulative Effect, Period of Adoption, Adjustment
Accumulated other comprehensive loss
Noncontrolling interests
Balance at beginning (in shares) at Dec. 31, 2021                   116,175   12,397 6,478            
Balance at beginning at Dec. 31, 2021 $ 372,587           $ 370,543     $ 11   $ 1 $ 1 $ 695,869   $ (322,106)   $ (3,233) $ 2,044
Increase (Decrease) in Stockholders' Equity [Roll Forward]                                      
Net (loss) income (44,730)           (44,894)                 (44,894)     164
Stock-based compensation 3,940           3,940             3,940          
Issuance of common stock in connection with share-based plans (in shares)                   411                  
Issuance of common stock in connection with share-based plans 359           359     $ 1       358          
Other comprehensive income (loss) (103)           (103)                     (103)  
Conversion of Class B common stock to Class A common stock (in shares)                   103   (103)              
Balance at end (in shares) at Mar. 31, 2022                   116,689   12,294 6,478            
Balance at end at Mar. 31, 2022 332,053           329,845     $ 12   $ 1 $ 1 700,167   (367,000)   (3,336) 2,208
Balance at beginning (in shares) at Dec. 31, 2021                   116,175   12,397 6,478            
Balance at beginning at Dec. 31, 2021 372,587           370,543     $ 11   $ 1 $ 1 695,869   (322,106)   (3,233) 2,044
Increase (Decrease) in Stockholders' Equity [Roll Forward]                                      
Other comprehensive income (loss) 423                                    
Balance at end (in shares) at Sep. 30, 2022                   125,982   6,678 6,478            
Balance at end at Sep. 30, 2022 297,715           293,689     $ 13   $ 1 $ 1 713,418   (417,621)   (2,123) 4,026
Balance at beginning (in shares) at Mar. 31, 2022                   116,689   12,294 6,478            
Balance at beginning at Mar. 31, 2022 332,053           329,845     $ 12   $ 1 $ 1 700,167   (367,000)   (3,336) 2,208
Increase (Decrease) in Stockholders' Equity [Roll Forward]                                      
Net (loss) income (23,581)           (23,765)                 (23,765)     184
Stock-based compensation 11,284           11,284             11,284          
Issuance of common stock in connection with share-based plans (in shares)                   3,561                  
Issuance of common stock in connection with share-based plans 2           2             2          
Shares withheld for employee taxes (in shares)                   (434)                  
Shares withheld for employee taxes (1,635)           (1,635)             (1,635)          
Other comprehensive income (loss) 505           958                     958 (453)
Reclassification of noncontrolling interest (see Note 12) 2,458                                   2,458
Conversion of Class B common stock to Class A common stock (in shares)                   5,608   (5,608)              
Balance at end (in shares) at Jun. 30, 2022                   125,424   6,686 6,478            
Balance at end at Jun. 30, 2022 321,086           316,689     $ 12   $ 1 $ 1 709,818   (390,765)   (2,378) 4,397
Increase (Decrease) in Stockholders' Equity [Roll Forward]                                      
Net (loss) income (26,993)           (26,856)                 (26,856)     (137)
Stock-based compensation 3,635           3,635             3,635          
Issuance of common stock in connection with share-based plans (in shares)                   569                  
Issuance of common stock in connection with share-based plans 1           1     $ 1                  
Shares withheld for employee taxes (in shares)                   (19)                  
Shares withheld for employee taxes (35)           (35)             (35)          
Other comprehensive income (loss) 21           255                     255 (234)
Conversion of Class B common stock to Class A common stock (in shares)                   8   (8)              
Balance at end (in shares) at Sep. 30, 2022                   125,982   6,678 6,478            
Balance at end at Sep. 30, 2022 297,715           293,689     $ 13   $ 1 $ 1 713,418   (417,621)   (2,123) 4,026
Balance at beginning (in shares) at Dec. 31, 2022       126,387 6,678 6,478       126,387   6,678 6,478            
Balance at beginning at Dec. 31, 2022 194,554   $ (126)       191,217   $ (126) $ 13   $ 1 $ 1 716,233   (523,063) $ (126) (1,968) 3,337
Increase (Decrease) in Stockholders' Equity [Roll Forward]                                      
Net (loss) income (36,261)           (36,001)                 (36,001)     (260)
Stock-based compensation 1,122           1,122             1,122          
Issuance of common stock in connection with share-based plans (in shares)                   512                  
Issuance of common stock in connection with share-based plans 29           29             29          
Shares withheld for employee taxes (in shares)                   (121)                  
Shares withheld for employee taxes (193)           (193)             (193)          
Other comprehensive income (loss) (759)           (701)                     (701) (58)
Conversion of Class B common stock to Class A common stock (in shares)                   2   (2)              
Conversion of Class C common stock to Class A common stock (in shares)                   6,478     (6,478)            
Conversion of Class C common stock to Class A common stock                   $ 1     $ (1)            
Balance at end (in shares) at Mar. 31, 2023                   133,258   6,676 0            
Balance at end at Mar. 31, 2023 158,366           155,347     $ 14   $ 1 $ 0 717,191   (559,190)   (2,669) 3,019
Balance at beginning (in shares) at Dec. 31, 2022       126,387 6,678 6,478       126,387   6,678 6,478            
Balance at beginning at Dec. 31, 2022 194,554   $ (126)       191,217   $ (126) $ 13   $ 1 $ 1 716,233   (523,063) $ (126) (1,968) 3,337
Increase (Decrease) in Stockholders' Equity [Roll Forward]                                      
Other comprehensive income (loss) (191)                                    
Balance at end (in shares) at Sep. 30, 2023       138,201 6,676 0       138,201   6,676 0            
Balance at end at Sep. 30, 2023 121,955           119,471     $ 14   $ 1 $ 0 721,980   (600,748)   (1,776) 2,484
Balance at beginning (in shares) at Mar. 31, 2023                   133,258   6,676 0            
Balance at beginning at Mar. 31, 2023 158,366           155,347     $ 14   $ 1 $ 0 717,191   (559,190)   (2,669) 3,019
Increase (Decrease) in Stockholders' Equity [Roll Forward]                                      
Net (loss) income (27,836)           (27,836)                 (27,836)      
Stock-based compensation 2,257           2,257             2,257          
Issuance of common stock in connection with share-based plans (in shares)                   1,692                  
Shares withheld for employee taxes (in shares)                   (51)                  
Shares withheld for employee taxes (27)           (27)             (27)          
Issuance of common stock in connection with at-the-market offering, net of issuance costs (in shares)                     1,716                
Issuance of common stock in connection with at-the-market offering, net of issuance costs   $ 810           $ 810             $ 810        
Other comprehensive income (loss) 57           299                     299 (242)
Reclassification of noncontrolling interest (see Note 12) 0                                    
Balance at end (in shares) at Jun. 30, 2023                   136,615   6,676 0            
Balance at end at Jun. 30, 2023 133,627           130,850     $ 14   $ 1 $ 0 720,231   (587,026)   (2,370) 2,777
Increase (Decrease) in Stockholders' Equity [Roll Forward]                                      
Net (loss) income (13,932)           (13,722)                 (13,722)     (210)
Stock-based compensation 1,799           1,799             1,799          
Issuance of common stock in connection with share-based plans (in shares)                   1,590                  
Shares withheld for employee taxes (in shares)                   (359)                  
Shares withheld for employee taxes (187)           (187)             (187)          
Issuance of common stock in connection with at-the-market offering, net of issuance costs (in shares)                     355                
Issuance of common stock in connection with at-the-market offering, net of issuance costs   $ 137           $ 137             $ 137        
Other comprehensive income (loss) 511           594                     594 (83)
Balance at end (in shares) at Sep. 30, 2023       138,201 6,676 0       138,201   6,676 0            
Balance at end at Sep. 30, 2023 $ 121,955           $ 119,471     $ 14   $ 1 $ 0 $ 721,980   $ (600,748)   $ (1,776) $ 2,484