Company: IBTA
Filing Date: 2025-11-13
Form Type: 10-Q
Source: 0001628280-25-051720
Chunk: 95

Company: Ibotta, Inc.
Filing Date: 2025-11-13
Form: 10-Q
Item: Item 1
Chunk 95
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2025202420252024Operating lease cost$785 $269 $2,182 $808 Short-term lease cost11 7 50 27 Variable lease cost452 325 986 953 Total lease cost, net$1,248 $601 $3,218 $1,788 Supplemental cash flow information related to operating leases was as follows (in thousands):Nine months ended September 30,20252024Cash paid for amounts included in the measurement of lease liabilities:Operating cash flows for operating leases$1,455 $1,426 Right-of-use assets obtained in exchange for lease obligations$10,951 $— Supplemental balance sheet information related to operating leases was as follows (in thousands):ClassificationSeptember 30, 2025December 31, 2024Assets:Right-of-use assets – currentPrepaid expenses and other current assets$87 $831 Lease incentive receivablePrepaid expenses and other current assets7,704 — Right-of-use assets – long-termOperating lease assets10,041 — Total lease assets$17,832 $831 Liabilities:Operating lease liabilities – currentOther current liabilities$158 $1,549 Operating lease liabilities – long-termOperating lease liabilities, long-term25,342 — Total lease liabilities $25,500 $1,549 The weighted average remaining lease term and discount rate were as follows:September 30, 2025Weighted average remaining lease term (in years)10.4Weighted average discount rate6.69 %

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Table of ContentsIbotta, Inc.Notes to Condensed Financial Statements(unaudited)

Future maturities of lease liabilities as of September 30, 2025 are as follows:Year ending December 31,In thousandsRemainder of 2025$161 20261,997 20272,805 20283,581 20293,671 Thereafter24,754 Total minimum lease payments36,969 Less: imputed interest11,469 Present value of lease liabilities $25,500 

8. Stockholders’ Equity

The Company’s authorized capital stock consists of 3,000,000,000 shares of the Company’s Class A common stock, par value $0.00001 per share, 350,000,000 shares of the Company’s Class B common stock, par value $0.00001