Nerdy, Inc. (NRDY)

Nerdy Balance Sheet

Financials in millions USD. Fiscal year is January - December.

Fiscal Year	TTM	FY 2024	FY 2023	FY 2022	FY 2021	FY 2020
Period Ending	Sep 30, 2025	Dec 31, 2024	Dec 31, 2023	Dec 31, 2022	Dec 31, 2021	Dec 31, 2020
Cash & Equivalents	32.71	52.54	74.82	90.72	143.96	29.27
Cash & Short-Term Investments	32.71	52.54	74.82	90.72	143.96	29.27
Cash Growth	-49.68%	-29.78%	-17.52%	-36.99%	391.93%	16.85%
Receivables	6.5	7.34	15.4	11.6	5.32	0.48
Prepaid Expenses	-	3.72	3.13	3.71	3.59	0.57
Restricted Cash	-	0.13	0.18	0.52	1.08	0.27
Other Current Assets	5.28	0.98	1.5	1.12	1.49	0.98
Total Current Assets	44.49	64.71	95.04	107.66	155.45	31.56
Property, Plant & Equipment	16.4	19.65	20	15.43	10.72	10.3
Goodwill	5.72	5.72	5.72	5.72	5.72	5.72
Other Intangible Assets	2.05	2.43	3.06	3.57	4.43	8.53
Other Long-Term Assets	1.75	-	0.93	0.32	0.83	1.17
Total Assets	70.41	92.51	124.74	132.69	177.15	57.27
Accounts Payable	5.62	2.56	3.44	3.2	3.59	4.45
Accrued Expenses	-	5.03	6.22	5.06	4.55	2.47
Current Portion of Long-Term Debt	-	-	-	-	-	6.54
Current Portion of Leases	-	0.93	1.32	1.53	-	-
Current Unearned Revenue	15.92	15.26	20.48	25.54	30.01	17.27
Other Current Liabilities	9.48	4.55	4.15	2	3.77	3.62
Total Current Liabilities	31.02	28.33	35.61	37.33	41.91	34.34
Long-Term Debt	-	-	-	-	-	41.04
Long-Term Leases	2.34	2.4	3.35	1.86	-	-
Other Long-Term Liabilities	-	0.67	0.19	12.45	39.43	1.55
Total Liabilities	33.36	31.39	39.14	51.64	81.34	76.94
Common Stock	0.02	0.02	0.02	0.02	0.02	0.09
Additional Paid-In Capital	612.72	597.31	567.71	522.03	490.22	6.83
Retained Earnings	-588.55	-557.87	-515.28	-475.11	-439.71	-412.38
Comprehensive Income & Other	0.08	0.02	0.03	-0.01	0.14	0.3
Total Common Equity	24.27	39.48	52.48	46.93	50.66	-405.17
Minority Interest	12.79	21.63	33.13	34.12	45.14	-
Shareholders' Equity	37.06	61.11	85.61	81.05	95.81	-19.67
Total Liabilities & Equity	70.41	92.51	124.74	132.69	177.15	57.27
Total Debt	2.34	3.33	4.67	3.39	-	47.58
Net Cash (Debt)	30.37	49.21	70.16	87.32	143.96	-18.31
Net Cash Growth	-50.93%	-29.85%	-19.66%	-39.34%	-	-
Net Cash Per Share	0.26	0.44	0.72	1.02	1.82	-0.21
Filing Date Shares Outstanding	122.94	118.05	107.05	95.46	83.91	85.56
Total Common Shares Outstanding	122.37	117.7	106.42	95.3	83.91	85.56
Working Capital	13.47	36.39	59.43	70.33	113.54	-2.78
Book Value Per Share	0.20	0.34	0.49	0.49	0.60	-4.74
Tangible Book Value	16.5	31.33	43.7	37.64	40.52	-419.42
Tangible Book Value Per Share	0.13	0.27	0.41	0.39	0.48	-4.90
Machinery	-	4.29	3.77	4.56	3.97	2.64
Leasehold Improvements	-	1.94	1.86	1.49	1.49	1.49

Updated Sep 30, 2025. Source: S&P Global Market Intelligence. Standard template. Financial Sources.

SEC Filings: 10-K · 10-Q