WeWork Inc. Balance Sheet | Understand Stock

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Financial Statements

Income Statement Balance Sheet Cashflow Statement

Consolidated balance sheets

In millions of USD, except per-share amounts

	Q2 FY2023 As of Jun 30, 2023	Q1 FY2023 As of Mar 31, 2023	Q4 FY2022 As of Dec 31, 2022	Q3 FY2022 As of Sep 30, 2022	Q2 FY2022 As of Jun 30, 2022	Q1 FY2022 As of Mar 31, 2022	Q4 FY2021 As of Dec 31, 2021	Q3 FY2021 As of Sep 30, 2021	Q2 FY2021 As of Jun 30, 2021	Q1 FY2021 As of Mar 31, 2021	Q4 FY2020 As of Dec 31, 2020	Q3 FY2020 As of Sep 30, 2020	Q2 FY2020 As of Jun 30, 2020
Assets
Deferred offering costs associated with initial public offering
Current assets:
Cash
Due from related party
Cash and cash equivalents
Accounts receivable and accrued revenue, net of allowance
Prepaid expenses
Other current assets
Total current assets
Investments held in Trust Account
Total property and equipment, net
Lease right-of-use assets, net
Restricted cash
Equity method and other investments
Goodwill
Intangible assets, net
Goodwill and intangible assets, net
Other assets
Total assets

Liabilities
Current liabilities:
Accounts payable
Accrued expenses
Note payable - related party
Accrued income tax
Franchise tax payable
Accounts payable and accrued expenses
Members’ service retainers
Deferred revenue
Current lease obligations
Other current liabilities
Total current liabilities
Deferred underwriting commissions in connection with the initial public offering

Deferred underwriting commissions in connection with the initial public offering
Warrant liabilities
Long-term lease obligations
Unsecured notes payable
5.00% Senior Notes
Warrant liabilities, net
Long-term debt, net
Other liabilities
Total liabilities
Class A common stock subject to possible redemption, $0.0001 par value; 48,300,000 shares at $10.00 per share as of September 30, 2021 and December 31, 2020
Convertible preferred stock; no shares authorized, issued and outstanding as of December 31, 2021, and 782,507,467 shares authorized, 304,791,824 shares issued and outstanding as of December 31, 2020
Redeemable noncontrolling interests
Equity
WeWork Inc. shareholders' equity (deficit):
Preferred stock; par value $0.0001; 100,000,000 shares authorized, zero issued and outstanding as of June 30, 2023 and December 31, 2022
Common stock
Class A common stock
Class B common stock
Common stock Class C; par value $0.0001; 25,041,666 shares authorized, 19,938,089 shares issued and outstanding as of June 30, 2023 and December 31, 2022
Common stock Class D; par value $0.001; zero shares authorized, issued and outstanding as of December 31, 2021, and 194,080,786 authorized, zero shares issued and outstanding as of December 31, 2020
Treasury stock, at cost; 2,944,212 shares held as of June 30, 2022 and December 31, 2021
Treasury stock, at cost; 2,944,212 shares held as of June 30, 2023 and December 31, 2022
Additional paid-in capital
Accumulated other comprehensive income (loss)
Accumulated deficit
WeWork Inc. shareholders' deficit
Class A common stock
Class B common stock
Total WeWork Inc. shareholders' deficit
Noncontrolling interests
Total equity
Total liabilities and equity

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