Company: IBTA
Filing Date: 2025-11-13
Form Type: 10-Q
Source: 0001628280-25-051720
Chunk: 83

Company: Ibotta, Inc.
Filing Date: 2025-11-13
Form: 10-Q
Item: Item 1
Chunk 83
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classification of its common stock into Class A common stock.

See accompanying notes to the condensed financial statements.

7

Table of ContentsIbotta, Inc.CONDENSED STATEMENTS OF REDEEMABLE CONVERTIBLE PREFERRED STOCK AND STOCKHOLDERS’ EQUITY, CONT.(In thousands, except share amounts)(unaudited)

Redeemable Convertible Preferred StockCommon Stock(1)Treasury StockAdditional Paid-In CapitalAccumulated DeficitStockholders’ EquitySharesAmountSharesAmountSharesAmountBalance, December 31, 2024—$— 31,470,095$— (518,683)$(31,321)$629,050 $(140,446)$457,283 Net income———— — — — 555 555 Exercise of stock options——239,994— — — 3,365 — 3,365 Stock-based compensation expense (inclusive of capitalized stock-based compensation)———— — — 14,013 — 14,013 Release of restricted stock purchase shares from repurchase option——11,641 — — — 97 — 97 Repurchase of common stock———— (1,840,554)(73,408)— — (73,408)Issuance of common stock upon settlement of restricted stock units——107,613— — — — — — Common stock withheld for tax obligation and net settlement— — (18,499)— — — (629)— (629)Balance, March 31, 2025— $— 31,810,844$— (2,359,237)$(104,729)$645,896 $(139,891)$401,276 Net income— — — — — — — 2,490 2,490 Exercise of stock options— — 226,030 — — — 4,002 — 4,002 Stock-based compensation expense (inclusive of capitalized stock-based compensation)— — — — — — 13,909 — 13,909 Repurchase of common stock— — — — (1,448,373)(68,169)— — (68,169)Issuance of common stock upon settlement of restricted stock units— — 137,135 — —