Owlet, Inc.

Annual Trend FY 2020 FY 2021 FY 2022 FY 2023 FY 2024 FY 2025
Cash and cash equivalents $17.0m $95.1m $11.2m $16.6m $20.2m $35.5m
Accounts receivable, net of allowance for credit losses of $723 and $653, respectively $10.5m $10.5m $16.0m $14.0m $12.1m $22.9m
Inventory $7.9m $18.0m $18.5m $6.5m $10.5m $15.3m
Prepaid expenses and other current assets $2.2m $12.3m $5.6m $2.9m $2.8m $2.7m
Total current assets $1.6m $135.8m $51.3m $39.9m $46.1m $81.9m
Property and equipment, net $1.7m $1.9m $1.1m $377k $102k $295k
Intangible assets, net $605k $1.7m $2.3m $2.2m $975k $1.4m
Right of use assets, net $0 $2.3m $937k $138k $69k
Other assets $181k $666k $1.2m $655k $2.2m $2.0m
Restricted cash $0 $386k $5.5m
Line of credit $9.7m $0 $4.7m $9.2m $6.3m $6.9m
Mezzanine equity $218.2m $0 $7.9m $12.9m $16.4m
Total stockholders’ equity (deficit) $5.0m $55.2m ($10.6m) ($37.5m) ($29.8m) $19.0m
Total assets $231.6m $140.0m $58.1m $44.1m $49.5m $85.6m
Accounts payable $16.4m $27.8m $30.4m $13.7m $11.3m $12.0m
Accrued and other expenses $298k $31.7m $20.0m $15.1m $16.4m $19.4m
Current portion of deferred revenues $1.6m $1.1m $1.1m $1.2m $1.4m $2.3m
Current portion of long-term and other debt $5.9m $1.1m $3.6m
Total current liabilities $315k $69.1m $66.6m $45.1m $36.4m $44.2m
Long-term debt, net $10.2m $8.0m $0 $0 $4.3m $2.5m
Other long-term liabilities $494k $712k $251k $906k $226k $197k
Total liabilities $8.4m $84.9m $68.7m $73.8m $66.3m $50.2m
Common stock warrant liabilities $0 $7.1m $724k $27.8m $25.3m $3.3m
Common Stock, Value, Issued $693 $11k $12k $1k $2k $3k
Additional paid-in capital $5.4m $198.6m $212.1m $218.1m $238.4m $326.9m
Accumulated deficit ($427k) ($143.4m) ($222.8m) ($255.7m) ($268.2m) ($307.9m)
Total liabilities, mezzanine equity, and stockholders' equity (deficit) $231.6m $140.0m $58.1m $44.1m $49.5m $85.6m