Company: IBTA
Filing Date: 2025-02-27
Form Type: 10-K
Source: 0001628280-25-008240
Chunk: 10

Company: Ibotta, Inc.
Filing Date: 2025-02-27
Form: 10-K
Item: Item 8
Chunk 10
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1,215 828 580 Loss on extinguishment of debt9,686 — — Impairment of equity investment— — 4,532 Amortization of debt discount and issuance costs1,055 3,310 2,569 Change in fair value of convertible notes derivative liability3,085 5,000 4,300 Other28 62 (394)Changes in assets and liabilities:Accounts receivable4,397 (105,709)(34,505)Other current and long-term assets(78,262)1,180 694 Accounts payable(911)1,818 (4,533)Due to third-party publishers20,827 60,724 12,020 Accrued expenses(6,360)5,196 2,886 Deferred revenue2,336 (423)398 User redemption liability(10,525)(13,881)(2,225)Other current and long-term liabilities15,734 (507)(1,516)Net cash provided by (used in) operating activities115,917 22,716 (56,499)Investing activitiesAdditions to property and equipment(871)(548)(785)Additions to capitalized software development costs(9,330)(7,680)(6,228)Acquisition of technology— — (1,250)Purchases of short-term investments— — (65,980)Sales of short-term investments— — 38,567 Maturities of short-term investments— 27,900 — Net cash (used in) provided by investing activities(10,201)19,672 (35,676)Financing activitiesProceeds from exercise of stock options13,478 3,049 1,144 Draws on revolving line of credit— — 3,500 Repayments of revolving line of credit— — (5,167)Proceeds from convertible notes issuance— — 75,000 Debt issuance costs(808)(12)(405)Proceeds from initial public offering, net206,692 — — Purchase of treasury stock(31,321)— — Taxes paid related to net share settlement of equity awards(3,319)— — Deferred offering costs(6,037)(652)(25)Proceeds from employee stock purchase plan2,788 — — Other financing activities(