v3.25.3
CONDENSED CONSOLIDATED BALANCE SHEETS - USD ($)
$ in Thousands
Sep. 30, 2025
Dec. 31, 2024
Current assets:    
Cash and cash equivalents $ 75,766 $ 66,892
Marketable securities 454,876 542,605
Accounts receivable 1,631 511
Prepaid revenue share fee 26,494 24,652
Prepaid expenses and other current assets 30,271 27,558
Total current assets 589,038 662,218
Property and equipment, net 54,850 56,869
Right of use asset, net 101,603 108,885
Intangible assets, net 10,260 15,300
Goodwill 62,684 62,757
Restricted cash 2,765 3,456
Other assets 304,547 285,447
Total assets 1,125,747 1,194,932
Current liabilities:    
Accounts payable 8,358 18,020
Accrued liabilities 154,534 185,281
Deferred revenue 469,793 439,753
Total current liabilities 632,685 643,054
Other long term liabilities 327,061 313,938
Total liabilities 959,746 956,992
Commitments and contingencies (Note 16)
Accumulated other comprehensive income 808 343
Treasury stock at cost, 0 shares as of September 30, 2025 and December 31, 2024 0 0
Retained earnings 101,247 83,778
Additional paid-in capital 46,513 114,231
Total stockholders’ equity attributable to Clear Secure, Inc. 148,569 198,353
Non-controlling interest 17,432 39,587
Total stockholders’ equity 166,001 237,940
Total liabilities and stockholders’ equity $ 1,125,747 $ 1,194,932
Common Class A    
Current liabilities:    
Shares outstanding (in shares) 97,193,561 96,794,826
Common stock $ 1 $ 1
Common Class B    
Current liabilities:    
Shares outstanding (in shares) 351,787 677,234
Common stock $ 0 $ 0
Common Class C    
Current liabilities:    
Shares outstanding (in shares) 15,945,891 15,287,620
Common stock $ 0 $ 0
Common Class D    
Current liabilities:    
Shares outstanding (in shares) 19,630,246 24,896,690
Common stock $ 0 $ 0

Source

HTML PDF