Nerdy Inc.

Annual Trend FY 2019 FY 2020 FY 2021 FY 2022 FY 2023 FY 2024 FY 2025
Cash and cash equivalents $29.3m $144.0m $90.7m $74.8m $52.5m $47.9m
Accounts receivable, net $475k $5.3m $11.6m $15.4m $7.3m $5.6m
Other current assets $1.8m $6.2m $5.3m $4.8m $4.8m $4.6m
Total Current Assets $25k $812k $155.4m $107.7m $95.0m $64.7m $58.2m
Goodwill $5.7m $5.7m $5.7m $5.7m $5.7m $5.7m
Intangible assets, net $8.5m $4.4m $3.6m $3.1m $2.4m $1.9m
Other assets $1.2m $832k $3.2m $4.5m $2.5m $1.7m
Fixed assets, net $10.3m $10.7m $12.5m $16.4m $17.1m $8.7m
Deferred revenue $17.3m $30.0m $25.5m $20.5m $15.3m $14.5m
Other current liabilities $6.1m $7.5m $8.6m $11.7m $10.5m $7.8m
Other liabilities $1.6m $39.4m $14.3m $3.5m $3.1m $2.3m
Total Stockholders’ Equity Excluding Noncontrolling Interests $17k $5.0m $50.7m $46.9m $52.5m $39.5m $19.0m
Total Stockholders’ Equity ($398.5m) $95.8m $81.0m $85.6m $61.1m $28.9m
Total Assets $25k $450.8m $177.1m $132.7m $124.7m $92.5m $76.2m
Total Liabilities and Stockholders’ Equity $25k $450.8m $177.1m $132.7m $124.7m $92.5m $76.2m
Accounts payable $4.4m $3.6m $3.2m $3.4m $2.6m $3.4m
Total Current Liabilities $9k $534k $41.9m $37.3m $35.6m $28.3m $25.6m
Long-term debt $41.0m $0 $0 $19.3m
Total Liabilities $9k $16.3m $81.3m $51.6m $39.1m $31.4m $47.2m
Common stock $2k $1k $15k $16k $18k $18k $18k
Additional paid-in capital $23k $5.6m $490.2m $522.0m $567.7m $597.3m $616.7m
Accumulated deficit ($8k) ($646k) ($439.7m) ($475.1m) ($515.3m) ($557.9m) ($597.8m)
Accumulated other comprehensive income $296k $136k ($12k) $31k $19k $36k
Noncontrolling interests $0 $45.1m $34.1m $33.1m $21.6m $9.9m