← Life360, Inc.
| Annual Trend | FY 2020 | FY 2021 | FY 2022 | FY 2023 | FY 2024 | FY 2025 | TTM | |
|---|---|---|---|---|---|---|---|---|
| Net income (loss) | ($16.3m) |
($33.6m)
-105.44%
|
($91.6m)
-173.05%
|
($28.2m)
+69.26%
|
($4.6m)
+83.83%
|
$150.8m
+3411.35%
|
— | |
| Depreciation and amortization | $657k | $876k | $9.2m | $9.1m | $9.8m | $13.3m | $16.2m | |
| Amortization of costs capitalized to obtain contracts | $7.0m | $4.0m | $2.9m | $2.1m | $1.3m | $1.3m | — | |
| Amortization of operating lease right-of-use asset | — | $0 | $0 | $842k | $331k | $348k | — | |
| Deferred income taxes | — | — | — | $0 | $0 | ($118.4m) | ($130.3m) | |
| Stock-based compensation expense, net of amounts capitalized | $8.1m | $11.8m | $34.7m | $38.5m | $42.3m | $55.5m | $61.8m | |
| Stock-based compensation included in internally developed software | — | — | $0 | $0 | $714k | $1.3m | $61.8m | |
| Accounts receivable, net | ($1.1m) | ($2.7m) | $6.5m | ($9.1m) | ($16.1m) | ($23.5m) | ($12.5m) | |
| Inventory write-off | — | $0 | $0 | $916k | $0 | $0 | — | |
| Inventory | $0 | ($859k) | ($497k) | $5.8m | ($4.0m) | ($1.8m) | ($5.6m) | |
| Accounts payable | $1.9m | $559k | ($12.7m) | ($7.9m) | ($433k) | $3.1m | ($2.7m) | |
| Accrued expenses and other current liabilities | $438k | $4.7m | ($7.7m) | $2.2m | $4.5m | $9.3m | — | |
| Deferred revenue | $770k | $1.7m | $4.7m | $4.6m | $6.6m | $6.7m | — | |
| Conversion of convertible notes and accrued interest to common stock | — | — | $0 | $0 | $5.8m | $0 | — | |
| Property and equipment included within accrued expenses and other current liabilities | — | — | $0 | $0 | $112k | $0 | — | |
| Prepaid expenses and other assets | ($2.2m) | ($943k) | $10.6m | ($6.7m) | $135k | ($6.7m) | — | |
| Other liabilities, noncurrent | ($1.2m) | ($1.2m) | ($303k) | ($498k) | ($364k) | ($359k) | — | |
| Net cash provided by operating activities | ($7.2m) |
($12.2m)
-67.63%
|
($57.1m)
-369.47%
|
$7.5m
+113.19%
|
$32.6m
+333.44%
|
$88.6m
+171.77%
|
$93.8m
+5.81%
|
|
| Purchase of property and equipment | ($653k) | ($81k) | $0 | ($506k) | ($1.2m) | ($1.8m) | ($7.6m) | |
| Gain on change in fair value of investments | — | — | $0 | $0 | ($5.4m) | ($609k) | — | |
| Non-cash revenue from investments | $0 | $0 | ($1.5m) | ($1.6m) | ($1.0m) | ($1.2m) | — | |
| Net cash used in investing activities | ($653k) | ($7.1m) | ($111.6m) | ($2.2m) | ($10.1m) | ($35.3m) | ($194.6m) | |
| Payments of debt issuance costs | — | — | — | $0 | $0 | ($10.9m) | — | |
| Proceeds from issuance of common stock in U.S. initial public offering, net of underwriting discounts and commissions | — | — | $0 | $0 | $93.0m | $0 | $0 | |
| Net cash provided by (used in) financing activities | $445k |
$194.0m
+43484.49%
|
$27.7m
-85.71%
|
($25.0m)
-190.06%
|
$67.3m
+369.55%
|
$282.1m
+319.34%
|
$283.3m
+0.44%
|
|
| Cash, Cash Equivalents and Restricted Cash at the Beginning of the Period | $56.6m | $231.3m | $90.4m | $70.7m | $160.5m | $495.8m | — | |
| Net Increase in Cash, Cash Equivalents, and Restricted Cash | ($7.5m) | $174.7m | ($141.0m) | ($19.7m) | $89.7m | $335.4m | — | |
| Restricted cash, noncurrent | — | $355k | $1.6m | $1.7m | $1.2m | $1.6m | — | |
| Additional Supplementary Disclosures | ||||||||
| Additional Supplementary Disclosures | ||||||||
| Compensation expense in connection with revesting notes | $0 | $184k | ($87k) | $73k | $0 | $0 | — | |
| Non-cash interest expense, net | ($23k) | $166k | $474k | $462k | $59k | $1.3m | — | |
| Convertible notes fair value adjustment | $0 | $511k | ($1.8m) | $684k | $608k | $0 | — | |
| Derivative liability fair value adjustment | $0 | $733k | ($1.3m) | $116k | $1.7m | $0 | — | |
| Loss on settlement of convertible notes | — | — | $0 | $0 | $440k | $0 | — | |
| Gain on settlement of derivative liability | — | — | $0 | $0 | ($1.9m) | $0 | — | |
| Provision for credit losses | — | — | $0 | $0 | $300k | $799k | — | |
| Adjustment in connection with membership benefit | — | $0 | $0 | ($2.2m) | $0 | $0 | — | |
| Costs capitalized to obtain contracts, net | ($5.2m) | ($1.7m) | ($3.3m) | ($1.9m) | ($1.6m) | ($1.2m) | — | |
| Cash paid for acquisition | $0 | ($3.0m) | ($110.9m) | $0 | $0 | ($2.8m) | — | |
| Internally developed software | $0 | $0 | ($701k) | ($1.7m) | ($3.9m) | ($5.7m) | — | |
| Related Party SAFE | — | — | $0 | $0 | ($5.0m) | $0 | — | |
| Convertible note investment | — | — | — | $0 | $0 | ($25.0m) | — | |
| Indemnity escrow payment in connection with an acquisition | — | $0 | $0 | ($13.1m) | $0 | $0 | — | |
| Proceeds related to tax withholdings on restricted stock settlements and the exercise of stock options and warrants | — | — | — | $5.8m | $14.6m | $69.5m | — | |
| Taxes paid related to net settlement of equity awards | ($1.1m) | ($4.7m) | ($4.1m) | ($14.0m) | ($34.0m) | ($62.8m) | — | |
| Payments of U.S. initial public offering issuance costs | — | — | $0 | $0 | ($6.3m) | $0 | — | |
| Proceeds from repayment of notes due from affiliates | $0 | $0 | $648k | $314k | $0 | $0 | — | |
| Repayment of convertible notes | $0 | $0 | ($3.5m) | ($3.9m) | $0 | $0 | — | |
| Proceeds from issuance of convertible senior notes | — | — | — | $0 | $0 | $320.0m | — | |
| Purchase of capped calls | — | — | — | $0 | $0 | ($33.7m) | — | |
| Cash paid (refunds received) during the period for income taxes, net | $0 | $33k | $0 | $697k | $2.4m | ($893k) | — | |
| Cash paid during the period for interest | $0 | ($24k) | ($514k) | $640k | $46k | $0 | — | |
| Cash payments included in the measurement of operating lease liabilities | $7.2m | $12.2m | $57.1m | $861k | $379k | $390k | $93.8m | |
| Right of use asset recognized in connection with lease modification | — | $0 | $0 | $1.1m | $0 | $0 | — | |
| Fair value of stock issued in connection with the acquisition of Fantix, Inc. | $0 | $13.8m | $15.4m | $0 | $0 | $1.0m | — | |
| Liability incurred in connection with the acquisition of Fantix, Inc. | — | — | — | $0 | $0 | $675k | — | |
| Operating lease liability recognized in connection with lease modification | — | $0 | $0 | $1.1m | $0 | $0 | — | |
| Related Party Warrant | — | — | $0 | $0 | $3.9m | $0 | — | |
| Conversion of Related Party SAFE to Related Party Investment | — | — | — | $0 | $0 | $5.0m | — | |
| Cash and cash equivalents | $56.4m | $231.0m | $75.4m | $69.0m | $159.2m | $494.3m | $170.4m |