Company: IBTA
Filing Date: 2025-08-13
Form Type: 10-Q
Source: 0001538379-25-000010
Chunk: 82

Company: Ibotta, Inc.
Filing Date: 2025-08-13
Form: 10-Q
Item: Item 1
Chunk 82
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,912 Release of restricted stock purchase shares from repurchase option— — 25,552 — — — 212 — 212 Conversion of convertible debt— — 1,177,087 — — — 103,584 — 103,584 Conversion of redeemable convertible preferred stock(17,245,954)— 17,245,954 — — — — — — Initial public offering, net of issuance costs of $22.0 million— — 2,500,000 — — — 197,952 — 197,952 Balance, June 30, 2024— —30,610,370$— — $— $593,559 $(233,857)$359,702 

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(1)Subsequent to the Company’s initial public offering in April 2024, amounts combine the Company’s common stock Class A common stock and Class B common stock. See Note 9 - Redeemable Convertible Preferred Stock and Stockholders’ Equity in the Company’s Annual Report on Form 10-K for the year ended December 31, 2024 for discussion of the establishment of the Company’s two series of common stock and the reclassification of its common stock into Class A common stock.

See accompanying notes to the condensed financial statements.

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Table of ContentsIbotta, Inc.CONDENSED STATEMENTS OF REDEEMABLE CONVERTIBLE PREFERRED STOCK AND STOCKHOLDERS’ EQUITY, CONT.(In thousands, except share amounts)(unaudited)

Redeemable Convertible Preferred StockCommon Stock(1)Treasury StockAdditional Paid-In CapitalAccumulated DeficitStockholders’ EquitySharesAmountSharesAmountSharesAmountBalance, December 31, 2024—$— 31,470,095$— (518,683)$(31,321)$629,050 $(140,446)$457,283 Net income———— — — — 555 555 Exercise of stock options——239,994— — — 3,365 — 3,365 Stock-based compensation expense (inclusive of capitalized stock-based compensation)———— — — 14,013 — 14,013 Release of restricted stock purchase shares from repurchase option——11,641 — — — 97 — 97 Repurchase