Company: GROVW
Filing Date: 2025-03-19
Form Type: 10-K
Source: 0001628280-25-013839
Chunk: 132

Company: Grove Collaborative Holdings, Inc.
Filing Date: 2025-03-19
Form: 10-K
Item: Item 8
Chunk 132
---
Accounts payable(1,274)(2,574)Accrued expenses(4,612)2,216 Deferred revenue(814)(3,724)Operating lease right-of-use assets and liabilities(4,349)(1,603)Other liabilities436 57 Net cash used in operating activities(9,749)(7,993)Cash Flows from Investing ActivitiesProceeds from sale of property and equipment$136 $— Purchase of property and equipment(1,757)(2,985)Net cash used in investing activities(1,621)(2,985)Cash Flows from Financing ActivitiesProceeds from the issuance of debt— 7,500 Payment of debt issuance costs(301)(925)Repayment of debt and Structural Derivative Liability(72,348)(575)Payment of costs to extinguish debt(24)— Proceeds from issuance of redeemable convertible preferred stock, convertible common stock, and common stock warrants15,000 10,000 Payment of transaction costs related to Business Combination, redeemable convertible preferred stock and settlement of HGI Additional Shares liability(513)(4,555)Payments related to stock-based award activities, net(1,366)(2,071)Proceeds from issuance under employee stock purchase plan363 482 Net cash provided by (used in) financing activities(59,189)9,856 Net increase (decrease) in cash, cash equivalents and restricted cash(70,559)(1,122)Cash, cash equivalents and restricted cash at beginning of period94,863 95,985 Cash, cash equivalents and restricted cash at end of period $24,304 $94,863 

71

 Grove Collaborative Holdings, Inc.

Consolidated Statements of Cash Flows - Continued

(In thousands)

Supplemental DisclosureCash paid for taxes$49 $43 Cash paid for interest$9,419 $12,140 Supplemental Disclosure of Non-Cash Investing and Financing ActivitiesPurchase of property and equipment in accounts payable and accrued liabilities$4 $21 Debt issuance costs in accounts payable and accrued liabilities$45 $— Cost of debt extinguishment in accrued liabilities $78 $— Transaction costs and preferred stock issuance costs in accounts payable and accrued liabilities$15 $— Settlement of HGI Additional Shares liability$— $1,500 Partial settlement of Earnout due to cancellation of shares$— $347 Cancellation of Volition W