Company: GROVW
Filing Date: 2025-11-13
Form Type: 10-Q
Source: 0001841761-25-000048
Chunk: 119

Company: Grove Collaborative Holdings, Inc.
Filing Date: 2025-11-13
Form: 10-Q
Item: Part I, Item 1
Chunk 119
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,960)(2,960)Balances as of September 30, 202525 $24,772 41,388 $4 $642,494 $(658,646)$(16,148)

5

Grove Collaborative Holdings, Inc.

Condensed Consolidated Statements of Redeemable Convertible Preferred Stock, Common Stock and Stockholders’ Equity (Deficit)

(Unaudited)

(In thousands)

Redeemable Convertible Preferred StockCommon StockAdditionalPaid-InCapitalAccumulatedDeficitTotalStockholders’ EquitySharesAmountSharesAmountBalances as of December 31, 202310 $10,000 37,908 $4 $629,208 $(621,090)$8,122 Issuance of common stock upon settlement of restricted stock units, net of tax withholdings— — 274 — (381)— (381)Stock-based compensation— — — — 3,164 — 3,164 Net loss— — — — — (3,391)(3,391)Balances as of March 31, 202410 $10,000 38,182 $4 $631,991 $(624,481)$7,514 Issuance of common stock upon exercise of stock options— — 7 — 6 — 6 Shares issued in connection with the Employee Stock Purchase Plan— — 166 — 235 — 235 Issuance of common stock upon settlement of restricted stock units, net of tax withholdings— — 598 — (414)— (414)Stock-based compensation— — — — 3,406 — 3,406 Net loss— — — — — (10,061)(10,061)Balances as of June 30, 202410 10,000 38,953 4 635,224 (634,542)686 Issuance of Series A' Preferred Stock, net of issuance costs15 14,842 — — — — — Cancellation of Volition Warrant— — — — (300)— (300)Issuance of common stock upon settlement of restricted stock units, net of tax withholdings— — 399 — (288)— (288)Stock-based compensation—