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Planet Labs PBC

Balance Sheet

Standardized | As Reported Annual | Quarterly
 
In millions, except per share itemsJan-31-22Jan-31-21
   10-K10-K
Assets    
Current assets    
Cash and cash equivalents  490.871.2
Accounts receivable, net of allowance of $1,299 and $1,289, respectively  44.447.1
Prepaid expenses and other current assets  16.47.1
    Total current assets  551.5125.4
Property and equipment, net  133.3159.9
Capitalized internal-use software, net  10.812.0
Goodwill  103.288.4
Intangible assets, net  14.25.7
Other non-current assets  2.73.0
    Total assets  821.4399.3
   
Liabilities and Stockholders’ Equity    
Current liabilities    
Accounts payable  2.91.4
Accrued and other current liabilities  48.830.2
Deferred revenue  64.257.6
Liability from early exercise of stock options  16.1 
    Total current liabilities  132.0108.8
Deferred revenue  3.615.1
Deferred hosting costs  12.18.0
Public and private placement warrant liabilities  23.2 
Other non-current liabilities  1.41.3
    Total liabilities  173.2291.8
   
Commitments and contingencies (Note 8)    
Stockholders’ equity    
Common stock  0.00.0
Additional paid-in capital  1,423.2745.6
Accumulated other comprehensive income  2.11.8
Accumulated deficit  -777.0-639.9
    Total stockholders’ equity  648.2107.5
    Liabilities and Equity  821.4399.3

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