11/29/2023 0 Comments Iac vimeo stockHowever, these allocations may not reflect the expenses that Vimeo would have incurred as an independent, standalone company for the periods presented.ĭeferred revenue consists of payments that are received or are contractually due in advance of Vimeo's performance. In management’s opinion, the assumptions underlying the historical consolidated financial statements of Vimeo, including the basis on which the expenses have been allocated from IAC, are reasonable. The allocation of certain IAC corporate expenses is reflected in the accompanying consolidated balance sheet within "Additional paid-in-capital." Additionally, income taxes were computed for Vimeo on an as if standalone, separate tax return basis and payments to and refunds from IAC for Vimeo’s share of IAC’s consolidated state tax return liabilities have been reflected within cash flows from operating activities in the accompanying consolidated statement of cash flows. The accompanying consolidated financial statements reflect the historical financial position, results of operations and cash flows of Vimeo and its consolidated subsidiaries since their respective dates of acquisition by Vimeo and the allocation to Vimeo of certain IAC corporate expenses relating to Vimeo based on the historical accounting records of IAC. Prior to the Spin-off, the consolidated financial statements of Vimeo OpCo and subsidiaries were prepared on a standalone basis and were derived from the historical accounting records of Vimeo OpCo and IAC. Net increase in cash and cash equivalents and restricted cashĬash and cash equivalents and restricted cash at beginning of periodĬash and cash equivalents and restricted cash at end of period ![]() Net cash provided by (used in) financing activitiesĮffect of exchange rate changes on cash and cash equivalents and restricted cash Withholding taxes paid related to equity awards Proceeds from issuance of related-party debt Proceeds from sale of common stock, net of fees Net cash provided by (used in) investing activities Net cash provided by operating activities Stock-based compensation expense by function:Ĭlass B Non-Voting common stock of Vimeo OpCo, $0.01 par valueĪmounts related to settlement of equity awardsĪdjustments to reconcile net loss to net cash provided by operating activities: All forward-looking statements attributable to us or persons acting on our behalf are expressly qualified by these cautionary statements.Ĭost of revenue (exclusive of depreciation shown separately below) Any forward-looking statements only speak as of the date of this document, and we undertake no obligation to update any forward-looking information or statements, whether written or oral, to reflect any change, except as required by law. ![]() ![]() You should read this Quarterly Report on Form 10-Q and the documents that we reference in this Quarterly Report on Form 10-Q and have filed as exhibits to this report with the understanding that our actual future results, levels of activity, performance, and achievements may be materially different from what we expect. ![]() Although we believe that the expectations reflected in the forward-looking statements are reasonable, we cannot guarantee future results, levels of activity, performance, or achievements. We cannot assure you that the events and circumstances reflected in the forward-looking statements will be achieved or occur. You should not rely upon forward-looking statements as predictions of future events.
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