ContextLogic Inc. financial data

Symbol
LOGC on Nasdaq
Industry
Retail-Catalog & Mail-Order Houses
Location
2648 International Blvd., Suite 115, Oakland, CA
State of incorporation
Delaware
Fiscal year end
December 31
Latest financial report
10-Q - Q2 2024 - Aug 8, 2024

Key Ratios

Label TTM Value / Value Unit Change %
Current Ratio 240 % -5.56%
Debt-to-equity 75.5 % +14.3%
Return On Equity -109 % -21.7%
Return On Assets -62.2 % -15.2%
Operating Margin -144 % -43.9%

Shares

Label TTM Value / Value Unit Change %
Entity Common Stock, Shares Outstanding 26.3M shares +10.5%
Common Stock, Shares, Outstanding 26.2M shares +10.2%
Entity Public Float 174M USD -76.9%
Weighted Average Number of Shares Outstanding, Basic 25.9M shares +9.33%
Weighted Average Number of Shares Outstanding, Diluted 25.9M shares +9.33%

Income Statement

Label TTM Value / Value Unit Change %
Revenue from Contract with Customer, Excluding Assessed Tax 156M USD -63%
Cost of Revenue 126M USD -61.4%
Research and Development Expense 89M USD -48%
Selling and Marketing Expense 85M USD -62.9%
General and Administrative Expense 80M USD -31.6%
Operating Income (Loss) -224M USD +46.8%
Income (Loss) from Continuing Operations before Income Taxes, Noncontrolling Interest -212M USD +47%
Income Tax Expense (Benefit) 8M USD -100%
Net Income (Loss) Attributable to Parent -220M USD +45.4%
Earnings Per Share, Basic -9.08 USD/shares +48.3%
Earnings Per Share, Diluted -9.08 USD/shares +48.3%

Balance Sheet

Label TTM Value / Value Unit Change %
Cash and Cash Equivalents, at Carrying Value 103M USD -67.6%
Marketable Securities, Current 47M USD -77.9%
Assets, Current 159M USD -71.9%
Deferred Income Tax Assets, Net 2M USD
Property, Plant and Equipment, Net 3M USD -70%
Operating Lease, Right-of-Use Asset 5M USD -37.5%
Other Assets, Noncurrent 3M USD -25%
Assets 159M USD -72.8%
Accounts Payable, Current 0 USD -100%
Accrued Liabilities, Current 5M USD -95.5%
Liabilities, Current 5M USD -97.9%
Operating Lease, Liability, Noncurrent 4M USD -63.6%
Other Liabilities, Noncurrent 10M USD
Liabilities 5M USD -98%
Accumulated Other Comprehensive Income (Loss), Net of Tax -9M USD -80%
Retained Earnings (Accumulated Deficit) -3.33B USD -7.39%
Stockholders' Equity Attributable to Parent 154M USD -54.3%
Liabilities and Equity 159M USD -72.8%

Popular Metrics

Label TTM Value / Value Unit Change %
Net Cash Provided by (Used in) Operating Activities -75M USD +18.5%
Net Cash Provided by (Used in) Financing Activities -1M USD +66.7%
Net Cash Provided by (Used in) Investing Activities 90M USD
Common Stock, Shares Authorized 3B shares 0%
Common Stock, Shares, Issued 26.2M shares +10.2%
Common Stock, Par or Stated Value Per Share 0 USD/shares 0%
Cash, Cash Equivalents, Restricted Cash and Restricted Cash Equivalents, Period Increase (Decrease), Including Exchange Rate Effect 12M USD
Cash, Cash Equivalents, Restricted Cash and Restricted Cash Equivalents 110M USD -66.2%
Deferred Tax Assets, Valuation Allowance 669M USD +10.2%
Deferred Tax Assets, Gross 671M USD +10.2%
Operating Lease, Liability 0 USD -100%
Comprehensive Income (Loss), Net of Tax, Attributable to Parent -207M USD +49.5%
Lessee, Operating Lease, Liability, to be Paid 12M USD -40%
Operating Lease, Liability, Current 7M USD 0%
Lessee, Operating Lease, Liability, to be Paid, Year Two 1M USD -75%
Lessee, Operating Lease, Liability, to be Paid, Year One 4M USD -50%
Operating Lease, Weighted Average Discount Rate, Percent 0.06 pure 0%
Lessee, Operating Lease, Liability, Undiscounted Excess Amount 1M USD -50%
Lessee, Operating Lease, Liability, to be Paid, Year Three 1M USD 0%
Deferred Tax Assets, Operating Loss Carryforwards 609M USD +9.14%
Preferred Stock, Shares Issued 0 shares
Preferred Stock, Shares Authorized 100M shares 0%
Unrecognized Tax Benefits 0 USD -100%
Lessee, Operating Lease, Liability, to be Paid, Year Four 1M USD 0%
Operating Lease, Payments 2M USD 0%
Additional Paid in Capital 3.48B USD +0.96%
Preferred Stock, Shares Outstanding 0 shares
Depreciation, Depletion and Amortization 1M USD 0%
Deferred Tax Assets, Net of Valuation Allowance 2M USD 0%
Preferred Stock, Par or Stated Value Per Share 0 USD/shares 0%