Annual report pursuant to Section 13 and 15(d)

Condensed Consolidated Balance Sheets (Unaudited)

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Condensed Consolidated Balance Sheets (Unaudited) - USD ($)
$ in Thousands
Dec. 31, 2021
Dec. 31, 2020
Current assets:    
Cash and cash equivalents $ 280,107 $ 116,226
Accounts receivable 5,331 912
Marketable securities 335,228 37,813
Prepaid revenue share fee 10,272 5,475
Prepaid expenses and other current assets 22,140 11,210
Total current assets 653,078 171,636
Property and equipment, net 44,522 35,241
Intangible assets, net 22,933 1,564
Goodwill 59,792 0
Restricted cash 29,019 22,856
Other assets 3,406 971
Total assets 812,750 232,268
Current liabilities:    
Accounts payable 8,808 8,518
Accrued liabilities 67,220 18,304
Warrant liabilities 0 17,740
Deferred revenue 188,563 101,542
Total current liabilities 264,591 146,104
Other long term liabilities 8,691 3,809
Total liabilities 273,282 149,913
Commitments and contingencies (Note 18)
Redeemable capital units 0 569,251
Profit Units   7,846
Accumulated other comprehensive income (loss) (103) 27
Treasury stock at cost, 223,069 shares as of December 31, 2021 0  
Accumulated deficit (36,130) (494,769)
Additional paid-in capital 313,845  
Total stockholders’ equity attributable to Clear Secure, Inc. 277,613  
Non-controlling interest 261,855  
Total stockholders’ equity 539,468  
Total stockholders’ equity   (486,896)
Total liabilities, redeemable capital units and stockholders’ equity 812,750 $ 232,268
Class A common stock par value $0.00001 per share    
Current liabilities:    
Common stock 1  
Class B common stock par value $0.00001 per share    
Current liabilities:    
Common stock 0  
Class C common stock par value $0.00001 per share    
Current liabilities:    
Common stock 0  
Class D common stock par value $0.00001 per share    
Current liabilities:    
Common stock $ 0