Company: LPSN
Filing Date: 2025-05-08
Form Type: 10-Q
Source: 0001102993-25-000053
Chunk: 13

Company: LIVEPERSON INC
Filing Date: 2025-05-08
Form: 10-Q
Item: Part I, Item 1
Chunk 13
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Item 1. Financial Statements

LIVEPERSON, INC.

CONDENSED CONSOLIDATED BALANCE SHEETS 

(in thousands, except share amounts)

(unaudited)

 March 31,2025December 31,2024ASSETS  Current assets:  Cash and cash equivalents$176,254 $183,237 Accounts receivable, net of allowances of $7,682 and $8,627 as of March 31, 2025 and December 31, 2024, respectively29,643 28,737 Prepaid expenses and other current assets (Note 1)15,857 19,250 Total current assets221,754 231,224 Property and equipment, net (Note 6)98,316 100,557 Contract acquisition costs, net32,155 33,559 Intangible assets, net (Note 5)15,456 15,070 Goodwill, net (Note 5)223,784 222,554 Deferred tax assets, net4,425 4,411 Other assets330 403 Total assets$596,220 $607,778 LIABILITIES AND STOCKHOLDERS’ EQUITY  Current liabilities:  Accounts payable$15,524 $15,378 Accrued expenses and other current liabilities (Note 7)57,283 66,582 Deferred revenue (Note 2)61,395 57,980 Total current liabilities134,202 139,940 Convertible senior notes (Note 8)528,858 527,070 Deferred tax liabilities3,622 3,542 Other liabilities4,482 4,542 Total liabilities671,164 675,094 Commitments and contingencies (Note 10)Stockholders’ equity:  Preferred stock, $0.001 par value - 5,000,000 shares authorized, none issued— — Common stock, $0.001 par value - 200,000,000 shares authorized, 96,177,874 and 93,956,738 shares issued, 93,411,801 and 91,190,665 shares outstanding as of March 31, 2025 and December 31, 2024, respectively.96 94 Treasury stock - 2,766,073 shares at March 31, 2025 and December 31, 2024(