LEGALZOOM.COM, INC.

Annual Trend FY 2019 FY 2020 FY 2021 FY 2022 FY 2023 FY 2024 FY 2025
Net income $7.4m $9.9m ($108.7m) ($48.7m) $14.0m $30.0m $15.4m
Depreciation and amortization $16.4m $20.1m $16.7m $21.7m $25.4m $34.9m $44.1m
Amortization of debt issuance costs $2.6m $2.6m $1.4m $227k $227k $227k $210k
Amortization of right-of-use assets $0 $0 $2.0m $2.7m $2.1m $3.3m
Deferred income taxes $472k $1.3m ($11.6m) ($793k) $4.7m ($4.6m) $6.6m
Non-cash interest expense ($299k) $22k $4k $168k $0 $0 $548k
Operating lease liabilities $0 $0 ($2.1m) ($2.3m) ($1.9m) ($2.6m)
Right of use assets obtained in exchange of operating lease liabilities (excluding right-of-use assets acquired as part of business acquisition) $0 $0 $7.5m $63k $803k $5.6m
Stock-based compensation $5.2m $12.9m $112.6m $80.5m $66.0m $71.5m $113.7m
Gain on sale of assets held for sale $0 $0 ($14.3m)
Change in fair value of other equity security $0 $0 ($1.8m) $0 $0 $0 ($302k)
Gain on sale of available-for-sale debt security $0 $0 ($758k)
Change in fair value of contingent consideration $0 $0 ($150k) ($836k) $0 $0
Unrealized foreign exchange loss (gain) ($2.6m) ($1.8m) $943k $3.6m ($1.4m) $648k $75k
Other $0 $0 $38k $0 $0
Accounts receivable ($413k) $954k ($1.5m) ($2.5m) $1.4m $3.2m ($11.8m)
Prepaid expenses and other current assets ($128k) ($799k) ($5.0m) ($523k) $1.6m ($2.8m) ($252k)
Other assets $470k $1.2m ($3.6m) $179k $435k $707k $926k
Accounts payable $3.9m $12.4m $2.4m ($6.6m) $5.0m ($817k) ($3.7m)
Accrued expenses and other liabilities ($1.6m) $1.4m $13.8m $6.5m $4.1m ($4.2m) $7.1m
Income tax payable ($985k) $10k ($185k) $28k ($4k) ($44k) $255k
Deferred revenue $5.6m $23.2m $17.9m $17.1m $3.3m $6.6m $19.3m
Acquisitions, net of cash acquired $0 ($934k) ($61.5m) ($2.5m) $0 $0 ($48.5m)
Purchase of property and equipment ($18.3m) ($10.6m) ($11.7m) ($22.1m) ($31.6m) ($35.7m) ($30.3m)
Proceeds from sale of assets held for sale $0 $0 $37.1m
Repayment of finance lease obligations ($26k) ($31k) ($31k) ($14k) ($35k) ($25k) ($2k)
Payment of share repurchase excise taxes and repurchase costs ($100k) ($169k) ($1.3m)
Shares surrendered for settlement of minimum statutory tax withholding ($3.8m) ($3.6m) ($2.3m) ($41k) ($9.6m) ($20.5m) ($40.4m)
Proceeds from issuance of stock under employee stock plans $194k $381k $1.8m $2.4m $8.4m $2.4m $45.8m
Capitalized stock-based compensation $98k $46k $674k $2.5m $4.1m $6.0m $5.3m
Purchase of property and equipment included in accounts payable and accrued expenses and other current liabilities $1.3m $717k $676k $646k $2.6m $2.3m $1.5m
Accrued stock repurchase excise tax $0 $0 $185k $1.2m $0
Acquisition related deferred consideration $0 $0 $12.7m
Net cash provided by operating activities $52.7m $93.0m $54.2m $73.8m $124.3m $135.6m $178.2m
Net cash used in investing activities ($20.7m) ($12.7m) ($77.7m) ($30.6m) ($31.6m) ($35.7m) ($40.1m)
Proceeds from sale of available-for-sale debt securities $0 $0 $1.6m
Payment of debt issuance costs $0 $0 ($767k) $0 $0 $0 ($841k)
Issuance of common stock for acquisition consideration $0 $0 $20.0m
Repurchase of common stock ($1.5m) ($4.8m) $0 ($95.1m) ($54.9m) ($165.0m) ($80.5m)
Net cash used in financing activities ($12.9m) ($15.1m) $123.4m ($93.3m) ($56.1m) ($183.3m) ($77.3m)
Effect of exchange rate changes on cash and cash equivalents ($495k) $57k ($11k) ($87k) $34k ($313k) $172k
Net increase (decrease) in cash and cash equivalents $18.6m $65.3m $99.8m ($50.2m) $36.6m ($83.7m) $61.0m
Cash and cash equivalents, at beginning of the period $74.2m $139.5m $239.3m $189.1m $225.7m $142.1m $203.1m
Cash and cash equivalents $49.2m $114.5m $239.3m $189.1m $225.7m $142.1m $203.1m