NERDWALLET, INC. [Rocket]

In millions, except per share items	Jun-30-23	Mar-31-23	Dec-31-22	Jun-30-22	Mar-31-22	Dec-31-21	Sep-30-21	Jun-30-21
	10-Q	10-Q	8-K	10-Q	10-Q	8-K	S-1/A	10-Q
Operating Activities:
Net loss				-62.3	-66.9	-69.3		-26.8
Adjustments to reconcile net loss to net cash from (used in) operating activities:
Depreciation and amortization				41.9	40.9	39.9		12.8
Stock-based compensation				34.1	28.6	24.4		6.5
Change in fair value of contingent consideration related to earnouts				5.7	4.6			7.7
Deferred taxes				3.1	-4.2	-4.8		-9.2
Non-cash lease costs				1.3	2.6			3.8
Other, net				0.5	-1.2			-1.1
Changes in operating assets and liabilities:
Accounts receivable				-39.5	-36.6	-37.8		-17.6
Prepaid expenses and other assets				-5.2	-6.9	-6.4		-4.3
Accounts payable				-0.2	0.7	-2.5		-0.3
Accrued expenses and other current liabilities				2.4	9.8			14.2
Operating lease liabilities				-0.9	-2.4			-4.2
Other liabilities				-2.3	-0.4	-0.5		0.4
Net cash provided by (used in) operating activities				-7.2	-5.7	-10.9		-18.1

Investing Activities:
Capitalized software development costs				-33.7	-32.5	-31.1		-10.4
Purchase of property and equipment				-2.9	-2.1			-0.4
Net cash used in investing activities				-38.9	-36.9	-33.8		-10.8

Financing Activities:
Proceeds from exercise of stock options				15.3	14.4	16.8		5.8
Issuance of Class A common stock under Employee Stock Purchase Plan				14.2	11.7	11.0
Tax payments related to net-share settlements on restricted stock units								-1.0
Net cash used in financing activities				88.7	101.2	86.7		-13.5

Cash and Cash Equivalents:
Supplemental Disclosures of Non-Cash Investing and Financing Activities:
Capitalized software development costs recorded in accounts payable and accrued expenses and other current liabilities				1.2	0.7			0.3
Purchase of property and equipment recorded in accounts payable and accrued expenses and other current liabilities				0.5	1.6			1.3
Supplemental Disclosures of Cash Flow Information:
Income tax payments				2.0	0.5			0.3
Cash paid for interest					0.3			1.5
Supplemental Cash Flow Disclosure Related to Operating Leases:
Cash paid for amounts included in the measurement of lease liabilities				1.3	2.7			4.6