Nextdoor Holdings, Inc.

Annual Trend FY 2020 FY 2021 FY 2022 FY 2023 FY 2024 FY 2025
Depreciation and amortization $3.1m $4.2m $5.7m $5.8m $3.9m $1.9m
Non-cash impairment charges related to lease abandonment $0 $0 $22.8m $0
Operating lease right-of-use assets $5.2m $6.6m $6.9m $4.7m $3.7m $2.9m
Operating lease liabilities ($4.5m) ($5.8m) ($7.1m) ($5.7m) ($6.9m) ($8.5m)
Remeasurement of operating lease liability and right-of-use asset $0 $0 ($18.9m) $0
Net loss ($75.2m) ($95.3m) ($137.9m) ($147.8m) ($98.1m) ($54.2m)
Stock-based compensation $22.6m $47.5m $64.4m $83.0m $74.1m $65.3m
Accretion of investments $340k $151k ($8.6m) ($5.5m) ($2.3m)
Other $239k $3k ($2.2m) ($347k) $622k ($145k)
Accounts receivable, net ($3.2m) ($8.2m) ($168k) $3.5m ($5.1m) ($3.2m)
Prepaid expenses and other assets $2.5m ($4.1m) $4.1m $3.4m $30k $1.2m
Accounts payable $15k $2.8m ($1.6m) ($2.6m) ($1.6m) $2.2m
Accrued expenses and other liabilities $7.7m $420k $7.7m $5.3m ($8.1m) $1.3m
Purchases of property and equipment ($5.0m) ($8.8m) ($3.2m) ($267k) ($404k) ($580k)
Purchases of marketable securities ($77.6m) ($199.8m) ($711.9m) ($590.6m) ($289.8m) ($292.2m)
Sales of marketable securities $21.8m $2.4m $10.8m $155.4m $185.6m $141.9m
Maturities of marketable securities $97.6m $56.7m $366.8m $504.4m $198.5m $193.4m
Loan to Opportunity Finance Network $0 $0 ($5.0m) ($2.5m) ($7.5m) $0
Tax withholdings on release of restricted stock units $0 ($863k) ($695k) ($273k) ($19.9m) ($19.1m)
Vesting of restricted stock and early exercised stock options $6.2m $6.2m $5.3m $174k $0 $0
Lease liabilities arising from obtaining right-of-use assets $40.8m $35.0m $0 $10.7m $0 $0
Net cash provided by (used in) operating activities ($41.6m) ($51.3m) ($60.5m) ($59.3m) ($20.2m) $6.5m
Net cash provided by investing activities $36.8m ($149.5m) ($342.4m) $66.5m $86.4m $42.6m
Proceeds from issuance of common stock upon exercise of stock options $6.4m $15.3m $12.5m $7.2m $13.3m $2.6m
Proceeds from issuance of common stock under employee stock purchase plan $0 $0 $1.4m $2.0m $1.1m $1.3m
Repurchase of common stock $0 $0 ($77.2m) $0 ($75.5m) ($18.9m)
Net cash provided by (used in) financing activities $6.4m $637.6m ($64.3m) $8.9m ($81.0m) ($34.0m)
Effect of exchange rate changes on cash and cash equivalents ($796k) $283k $723k $35k $128k ($53k)
Net increase (decrease) in cash, cash equivalents, and restricted cash $759k $437.1m ($466.6m) $16.2m ($14.7m) $15.0m
Cash, cash equivalents, and restricted cash at beginning of period $84.7m $521.8m $55.2m $71.4m $56.7m $71.7m
Cash and cash equivalents $83.6m $521.8m $55.2m $60.2m $45.5m $63.3m
Restricted cash, non-current $0 $11.2m $11.2m $8.4m
Cash paid for taxes $30k $313k $1.2m $2.4m $1.0m $533k