Company: IBTA
Filing Date: 2025-05-15
Form Type: 10-Q
Source: 0001628280-25-025593
Chunk: 133

Company: Ibotta, Inc.
Filing Date: 2025-05-15
Form: 10-Q
Item: Item 8
Chunk 133
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31, 2025 are as follows:Year ending December 31,In thousandsRemainder of 20251,131 20261,997 20272,805 20283,581 20293,671 Thereafter24,754 Total minimum lease payments37,939 Less: imputed interest12,338 Present value of lease liabilities$25,601 

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 per share, and 100,000,000 shares of preferred stock, par value $0.00001 per share. Preferred StockAs of March 31, 2025 and December 31, 2024, there were no shares of preferred stock issued or outstanding.Common StockThe rights of the holders of the Company’s Class A common stock and Class B common stock are identical, except with respect to voting and conversion. Each share of the Company’s Class A common stock is entitled to one vote per share and is not convertible into any other shares of the Company’s capital stock. Each share of the Company’s Class B common stock is entitled to 20 votes per share and is convertible at any time into one share of the Company’s Class A common stock at the option of the holder.The Company had shares of common stock reserved for issuance as follows:March 31, 2025December 31, 2024Stock options outstanding2,957,4873,279,483Restricted stock units outstanding1,905,2681,043,621Restricted stock purchase—11,641Common stock warrant4,121,0344,121,034Remaining shares reserved for future issuances under the 2024 Equity Incentive Plan4,512,7704,277,680Remaining shares reserved for future issuances under the 2024 Employee Stock Purchase Plan1,024,514666,124Total shares14,521,07313,399,583Restricted Stock Purchase On February 9, 2021, the Company granted an officer of the Company the right to purchase 408,824 shares of restricted common stock, and the officer exercised the purchase option at the grant date fair value of $8.30 per share, for a total exercise price of $3.4 million (