Risk Factors Update Summary
- Revenue derived from partnerships with third-party advertising platforms may harm business, revenue, and financial results.
- Active user growth may increase user engagement and monetization efforts, resonating particularly with women and Gen Z users.
- Net losses decreased from $128.3 million in 2020 to $96.0 million in 2022 and $35.6 million in 2023.
- Failure to effectively manage growth could harm business, revenue, and financial results, especially due to increased demands.
- Federal, California, and state net operating loss carryforwards decreased from $3.636 billion to $2.551 billion and $1.501 billion.
Full Text Changes in Most Recent 10-K
Intended use: review the highlighted statements. These are additions to the risk factors disclosure in the most recent 10-K filing compared to the previous 10-K filing. Deleted and moved text is less important and is shown for context.
To view the full company filings, click on the following link to be taken to the SEC EDGAR database landing page for the company: https://www.sec.gov/edgar/browse/?CIK=1506293&owner=exclude
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