Company: IBTA
Filing Date: 2025-11-13
Form Type: 10-Q
Source: 0001628280-25-051720
Chunk: 84

Company: Ibotta, Inc.
Filing Date: 2025-11-13
Form: 10-Q
Item: Item 1
Chunk 84
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 — — — — Common stock withheld for tax obligation and net settlement— — (28,579)— — — (1,416)— (1,416)Issuance of common stock under employee stock purchase plan— — 39,768 — — — 2,036 — 2,036 Balance, June 30, 2025— $— 32,185,198$— (3,807,610)$(172,898)$664,427 $(137,401)$354,128 Net income— — — — — — — 1,533 1,533 Exercise of stock options— — 65,981 — — — 945 — 945 Stock-based compensation expense (inclusive of capitalized stock-based compensation)— — — — — — 12,930 — 12,930 Repurchase of common stock— — — — (1,448,325)(39,130)— — (39,130)Issuance of common stock upon settlement of restricted stock units— — 132,475 — — — — — — Common stock withheld for tax obligation and net settlement— — (29,186)— — — (797)— (797)Balance, September 30, 2025— $— 32,354,468 $— (5,255,935)$(212,028)$677,505 $(135,868)$329,609 

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(1)Subsequent to the Company’s initial public offering in April 2024, amounts combine the Company’s Class A common stock and Class B common stock. See Note 9 - Redeemable Convertible Preferred Stock and Stockholders’ Equity in the Company’s Annual Report on Form 10-K for the year ended December 31, 2024 for discussion of the establishment of the Company’s two series of common stock and the reclassification of its common stock into Class A common stock.

See accompanying notes to the condensed financial statements.

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Table of ContentsIbotta, Inc.CONDENSED STATEMENTS OF CASH FLOWS(In thousands)(unaudited)

Nine months ended September 30,20252024Operating activitiesNet income (loss)$4,578 $(7