Company: LPSN
Filing Date: 2025-11-13
Form Type: 10-Q
Source: 0001102993-25-000187
Chunk: 40

Company: LIVEPERSON INC
Filing Date: 2025-11-13
Form: 10-Q
Item: Part I, Item 1
Chunk 40
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Item 1. Financial Statements

LIVEPERSON, INC.

CONDENSED CONSOLIDATED BALANCE SHEETS 

(in thousands, except share amounts)

(unaudited)

 September 30,2025December 31,2024ASSETS  Current assets:  Cash and cash equivalents$106,661 $183,237 Accounts receivable, net of allowances of $5,507 and $8,627 as of September 30, 2025 and December 31, 2024, respectively19,245 28,737 Prepaid expenses and other current assets (Note 1)17,814 19,250 Total current assets143,720 231,224 Property and equipment, net (Note 6)93,474 100,557 Contract acquisition costs, net27,247 33,559 Intangible assets, net (Note 5)15,516 15,070 Goodwill, net (Note 5)226,516 222,554 Deferred tax assets, net4,492 4,411 Other assets484 403 Total assets$511,449 $607,778 LIABILITIES AND STOCKHOLDERS’ EQUITY  Current liabilities:  Accounts payable$6,551 $15,378 Accrued expenses and other current liabilities (Note 7)59,664 66,582 Deferred revenue (Note 2)56,000 57,980 Total current liabilities122,215 139,940 Senior notes (Note 8)382,411 527,070 Deferred tax liabilities3,782 3,542 Other liabilities4,427 4,542 Total liabilities512,835 675,094 Commitments and contingencies (Note 10)Preferred stock, $0.001 par value - 5,000,000 shares authorized, 26,551 and none issued and outstanding as of September 30, 2025 and December 31, 2024, respectively20,664 — Stockholders’ equity:Common stock, $0.001 par value - 13,333,333 shares authorized, 10,488,063 and 6,263,782 shares issued, 10,303,659 and 6,079,378 shares outstanding as of September 30, 2025 and December 31, 2024, respectively.155 94 Treasury stock