Company: GROVW
Filing Date: 2025-08-07
Form Type: 10-Q
Source: 0001628280-25-038957
Chunk: 2

Company: Grove Collaborative Holdings, Inc.
Filing Date: 2025-08-07
Form: 10-Q
Item: Part I, Item 1
Chunk 2
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 and diluted$(0.10)$(0.28)$(0.21)$(0.38)Weighted-average shares used in computing net loss per share attributable to common stockholders, basic and diluted38,813,480 36,768,249 38,513,390 36,517,787 

The accompanying notes are an integral part of these condensed consolidated financial statements.

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Table of Contents

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’DeficitSharesAmountSharesAmountBalances as of December 31, 202425 $24,772 39,785 $4 $639,960 $(648,513)$(8,549)Issuance of common stock upon settlement of restricted stock units, net of tax withholdings— — 470 — (521)— (521)Stock-based compensation— — — — 969 — 969 Net loss— — — — (3,547)(3,547)Balances as of March 31, 202525 $24,772 40,255 $4 $640,408 $(652,060)$(11,648)Issuance of common stock upon settlement of restricted stock units, net of tax withholdings— — 608 — (253)— (253)Shares issued in connection with the Employee Stock Purchase Plan— — 139 — 141 — 141 Stock-based compensation— — — — 1,378 — 1,378 Net loss— — — — — (3,626)(3,626)Balances as of June 30, 202525 $24,772 41,002 $4 $641,674 $(655,686)$(14,008)

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