XML 20 R6.htm IDEA: XBRL DOCUMENT v3.24.3
CONDENSED CONSOLIDATED STATEMENTS OF STOCKHOLDERS' EQUITY - USD ($)
$ in Thousands
Total
Cumulative Effect, Period of Adoption, Adjustment
Total BuzzFeed, Inc. stockholders’ equity
Total BuzzFeed, Inc. stockholders’ equity
Cumulative Effect, Period of Adoption, Adjustment
Additional paid-in capital
Accumulated deficit
Accumulated deficit
Cumulative Effect, Period of Adoption, Adjustment
Accumulated other comprehensive loss
Noncontrolling interests
Common Stock – Class A
Common Stock – Class A
Common Stock
Common Stock – Class B
Common Stock – Class B
Common Stock
Common Stock – Class C
Common Stock – Class C
Common Stock
Balance at beginning (in shares) at Dec. 31, 2022                     31,597,000   1,670,000   1,620,000
Balance at beginning at Dec. 31, 2022 $ 194,554 $ (126) $ 191,217 $ (126) $ 716,244 $ (523,063) $ (126) $ (1,968) $ 3,337   $ 3   $ 1   $ 0
Increase (Decrease) in Stockholders' Equity [Roll Forward]                              
Net (loss) income (36,261)   (36,001)     (36,001)     (260)            
Stock-based compensation 1,122   1,122   1,122                    
Issuance of common stock in connection with share-based plans (in shares)                     128,000        
Issuance of common stock in connection with share-based plans 29   29   29                    
Shares withheld for employee taxes (in shares)                     (30,000)        
Shares withheld for employee taxes (193)   (193)   (193)                    
Other comprehensive (loss) income (759)   (701)         (701) (58)            
Conversion of common stock (in shares)                     1,620,000       (1,620,000)
Balance at end (in shares) at Mar. 31, 2023                     33,315,000   1,670,000   0
Balance at end at Mar. 31, 2023 158,366   155,347   717,202 (559,190)   (2,669) 3,019   $ 3   $ 1   $ 0
Balance at beginning (in shares) at Dec. 31, 2022                     31,597,000   1,670,000   1,620,000
Balance at beginning at Dec. 31, 2022 194,554 $ (126) 191,217 $ (126) 716,244 (523,063) $ (126) (1,968) 3,337   $ 3   $ 1   $ 0
Increase (Decrease) in Stockholders' Equity [Roll Forward]                              
Other comprehensive (loss) income (191)                            
Balance at end (in shares) at Sep. 30, 2023                     34,551,000   1,670,000 0 0
Balance at end at Sep. 30, 2023 121,955   119,471   721,991 (600,748)   (1,776) 2,484   $ 3   $ 1   $ 0
Balance at beginning (in shares) at Mar. 31, 2023                     33,315,000   1,670,000   0
Balance at beginning at Mar. 31, 2023 158,366   155,347   717,202 (559,190)   (2,669) 3,019   $ 3   $ 1   $ 0
Increase (Decrease) in Stockholders' Equity [Roll Forward]                              
Net (loss) income (27,836)   (27,836)     (27,836)                  
Stock-based compensation 2,257   2,257   2,257                    
Issuance of common stock in connection with share-based plans (in shares)                     423,000        
Shares withheld for employee taxes (in shares)                     (13,000)        
Shares withheld for employee taxes (27)   (27)   (27)                    
Issuance of common stock in connection with at-the-market offering, net of issuance costs (in shares)                     429,000        
Issuance of common stock in connection with at-the-market offering, net of issuance costs 810   810   810                    
Other comprehensive (loss) income 57   299         299 (242)            
Balance at end (in shares) at Jun. 30, 2023                     34,154,000   1,670,000   0
Balance at end at Jun. 30, 2023 133,627   130,850   720,242 (587,026)   (2,370) 2,777   $ 3   $ 1   $ 0
Increase (Decrease) in Stockholders' Equity [Roll Forward]                              
Net (loss) income (13,932)   (13,722)     (13,722)     (210)            
Stock-based compensation 1,799   1,799   1,799                    
Issuance of common stock in connection with share-based plans (in shares)                     398,000        
Shares withheld for employee taxes (in shares)                     (90,000)        
Shares withheld for employee taxes (187)   (187)   (187)                    
Issuance of common stock in connection with at-the-market offering, net of issuance costs (in shares)                     89,000        
Issuance of common stock in connection with at-the-market offering, net of issuance costs 137   137   137                    
Other comprehensive (loss) income 511   594         594 (83)            
Balance at end (in shares) at Sep. 30, 2023                     34,551,000   1,670,000 0 0
Balance at end at Sep. 30, 2023 121,955   119,471   721,991 (600,748)   (1,776) 2,484   $ 3   $ 1   $ 0
Balance at beginning (in shares) at Dec. 31, 2023                   35,035,000 35,035,000 1,368,000 1,368,000   0
Balance at beginning at Dec. 31, 2023 111,183   108,828   723,092 (611,768)   (2,500) 2,355   $ 3   $ 1   $ 0
Increase (Decrease) in Stockholders' Equity [Roll Forward]                              
Net (loss) income (35,782)   (35,729)     (35,729)     (53)            
Stock-based compensation 776   776   776                    
Issuance of common stock in connection with share-based plans (in shares)                     45,000        
Shares withheld for employee taxes (in shares)                     (1,000)        
Other comprehensive (loss) income (337)   (177)         (177) (160)            
Balance at end (in shares) at Mar. 31, 2024                     35,079,000   1,368,000   0
Balance at end at Mar. 31, 2024 75,840   73,698   723,868 (647,497)   (2,677) 2,142   $ 3   $ 1   $ 0
Balance at beginning (in shares) at Dec. 31, 2023                   35,035,000 35,035,000 1,368,000 1,368,000   0
Balance at beginning at Dec. 31, 2023 111,183   108,828   723,092 (611,768)   (2,500) 2,355   $ 3   $ 1   $ 0
Increase (Decrease) in Stockholders' Equity [Roll Forward]                              
Other comprehensive (loss) income (1,475)                            
Balance at end (in shares) at Sep. 30, 2024                   36,610,000 36,610,000 1,344,000 1,344,000 0 0
Balance at end at Sep. 30, 2024 74,070   71,680   728,525 (652,895)   (3,954) 2,390   $ 3   $ 1   $ 0
Balance at beginning (in shares) at Mar. 31, 2024                     35,079,000   1,368,000   0
Balance at beginning at Mar. 31, 2024 75,840   73,698   723,868 (647,497)   (2,677) 2,142   $ 3   $ 1   $ 0
Increase (Decrease) in Stockholders' Equity [Roll Forward]                              
Net (loss) income (7,360)   (7,487)     (7,487)     127            
Stock-based compensation 1,747   1,747   1,747                    
Issuance of common stock in connection with share-based plans (in shares)                     883,000        
Shares withheld for employee taxes (in shares)                     (92,000)        
Shares withheld for employee taxes (229)   (229)   (229)                    
Other comprehensive (loss) income (681)   (550)         (550) (131)            
Conversion of common stock (in shares)                     9,000   (9,000)    
Balance at end (in shares) at Jun. 30, 2024                     35,879,000   1,359,000   0
Balance at end at Jun. 30, 2024 69,317   67,179   725,386 (654,984)   (3,227) 2,138   $ 3   $ 1   $ 0
Increase (Decrease) in Stockholders' Equity [Roll Forward]                              
Net (loss) income 2,134   2,089     2,089     45            
Stock-based compensation 1,739   1,739   1,739                    
Issuance of common stock in connection with share-based plans (in shares)                     258,000        
Shares withheld for employee taxes and other (in shares)                     (22,000)        
Shares withheld for employee taxes and other (62)   1   1       (63)            
Issuance of common stock in connection with at-the-market offering, net of issuance costs (in shares)                     480,000        
Issuance of common stock in connection with at-the-market offering, net of issuance costs 1,399   1,399   1,399                    
Other comprehensive (loss) income (457)   (727)         (727) 270            
Conversion of common stock (in shares)                     15,000   (15,000)    
Balance at end (in shares) at Sep. 30, 2024                   36,610,000 36,610,000 1,344,000 1,344,000 0 0
Balance at end at Sep. 30, 2024 $ 74,070   $ 71,680   $ 728,525 $ (652,895)   $ (3,954) $ 2,390   $ 3   $ 1   $ 0