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CONSOLIDATED BALANCE SHEETS - USD ($)
$ in Thousands
Dec. 31, 2024
Dec. 31, 2023
Current assets    
Cash and cash equivalents $ 38,648 $ 35,637
Accounts receivable (net of allowance for doubtful accounts of $1,039, and $1,424 as at December 31, 2024 and 2023, respectively) 48,944 70,969
Prepaid expenses and other current assets 13,294 20,710
Current assets of discontinued operations 0 5,473
Total current assets 100,886 132,789
Property and equipment, net 6,195 11,856
Right-of-use assets 28,562 46,715
Capitalized software costs, net 22,653 22,292
Intangible assets, net 11,751 12,914
Goodwill 43,304 43,304
Prepaid expenses and other assets 8,047 9,508
Noncurrent assets of discontinued operations 0 132,098
Total assets 221,398 411,476
Current liabilities    
Accounts payable 14,251 45,709
Accrued expenses 18,881 15,515
Deferred revenue 555 1,739
Accrued compensation 11,668 12,225
Current lease liabilities 22,084 21,659
Current debt 25,518 124,977
Other current liabilities 3,879 4,401
Current liabilities of discontinued operations 0 1,570
Total current liabilities 96,836 227,795
Noncurrent lease liabilities 15,138 37,820
Debt 0 33,837
Warrant liabilities 1,778 406
Other liabilities 704 435
Noncurrent liabilities of discontinued operations 0 0
Total liabilities 114,456 300,293
Commitments and contingencies
Stockholders’ equity    
Additional paid-in capital 730,369 723,092
Accumulated deficit (621,864) (611,768)
Accumulated other comprehensive loss (3,735) (2,500)
Total BuzzFeed, Inc. stockholders’ equity 104,774 108,828
Noncontrolling interests 2,168 2,355
Total stockholders’ equity 106,942 111,183
Total liabilities and stockholders' equity 221,398 411,476
Class A Common Stock    
Stockholders’ equity    
Common stock 3 3
Class B Common Stock    
Stockholders’ equity    
Common stock $ 1 $ 1