ContextLogic Holdings Inc. Reports Second-Quarter 2025 Financial Results
ContextLogic Holdings (OTCQB: LOGC) reported its Q2 2025 financial results, highlighting a reduced net loss of $5 million compared to $13 million in Q2 2024. The company maintains a strong financial position with $219 million in total cash, cash equivalents, and marketable securities as of June 30, 2025.
Key developments include the completion of a reorganization under Section 251 of Delaware General Corporation Law on August 7, 2025, and the appointment of Michael Scarola as CFO. The company has access to an additional $75 million in potential funding through a BC Partners strategic investment option for future acquisitions.
During Q2, ContextLogic incurred $7 million in general and administrative expenses, including $3 million in stock-based compensation, while generating $2 million in interest income from investments primarily in U.S. government instruments.
ContextLogic Holdings (OTCQB: LOGC) ha comunicato i risultati finanziari del secondo trimestre 2025, evidenziando una perdita netta ridotta a 5 milioni di dollari rispetto ai 13 milioni di dollari del secondo trimestre 2024. L'azienda mantiene una solida posizione finanziaria con 219 milioni di dollari in liquidit脿 totale, equivalenti di cassa e titoli negoziabili al 30 giugno 2025.
Tra gli sviluppi principali, la conclusione di una riorganizzazione ai sensi della Sezione 251 della Delaware General Corporation Law il 7 agosto 2025 e la nomina di Michael Scarola come CFO. La societ脿 ha accesso a ulteriori 75 milioni di dollari in potenziali finanziamenti tramite un'opzione di investimento strategico con BC Partners per future acquisizioni.
Nel corso del secondo trimestre, ContextLogic ha sostenuto 7 milioni di dollari in spese generali e amministrative, di cui 3 milioni di dollari in compensi basati su azioni, generando allo stesso tempo 2 milioni di dollari di interessi da investimenti principalmente in strumenti governativi statunitensi.
ContextLogic Holdings (OTCQB: LOGC) inform贸 sus resultados financieros del segundo trimestre de 2025, destacando una reducci贸n en la p茅rdida neta a 5 millones de d贸lares en comparaci贸n con los 13 millones de d贸lares del segundo trimestre de 2024. La compa帽铆a mantiene una s贸lida posici贸n financiera con 219 millones de d贸lares en efectivo total, equivalentes de efectivo y valores negociables al 30 de junio de 2025.
Los desarrollos clave incluyen la finalizaci贸n de una reorganizaci贸n bajo la Secci贸n 251 de la Ley General de Corporaciones de Delaware el 7 de agosto de 2025, y el nombramiento de Michael Scarola como CFO. La empresa tiene acceso a 75 millones de d贸lares adicionales en financiamiento potencial a trav茅s de una opci贸n de inversi贸n estrat茅gica con BC Partners para futuras adquisiciones.
Durante el segundo trimestre, ContextLogic incurri贸 en 7 millones de d贸lares en gastos generales y administrativos, incluyendo 3 millones de d贸lares en compensaci贸n basada en acciones, mientras generaba 2 millones de d贸lares en ingresos por intereses de inversiones principalmente en instrumentos del gobierno de EE.UU.
ContextLogic Holdings (OTCQB: LOGC)電� 2025雲� 2攵勱赴 鞛 鞁れ爜鞚� 氚滍憸頃橂┌, 2024雲� 2攵勱赴 1,300毵� 雼煬鞐� 牍勴暣 靾滌啇鞁れ澊 500毵� 雼煬搿� 臧愳唽頄堧嫟瓿� 氚濏様鞀惦媹雼�. 須岇偓電� 2025雲� 6鞗� 30鞚� 旮办 齑� 順勱笀, 順勱笀靹� 鞛愳偘 氚� 鞙犼皜歃濌秾鞙茧 2鞏� 1,900毵� 雼煬鞚� 韮勴儎頃� 鞛 靸來儨毳� 鞙犾頃橁碃 鞛堨姷雼堧嫟.
欤检殧 靷暛鞙茧電� 2025雲� 8鞗� 7鞚� 雿鸽澕鞗柎 欤� 鞚茧皹 須岇偓氩� 鞝�251臁办棎 霐半ジ 臁办 鞛幐 鞕勲 氚� 毵堨澊韥� 鞀れ勾搿る澕(Michael Scarola)鞚� CFO 鞛勲獏鞚� 韽暔霅╇媹雼�. 霕愴暅 須岇偓電� 頄ロ泟 鞚胳垬毳� 鞙勴暅 BC 韺岉姼雱堨姢 鞝勲灥鞝� 韴瀽 鞓奠厴鞚� 韱淀暣 於旉皜搿� 7,500毵� 雼煬鞚� 鞛愱笀 臁半嫭 臧�電レ劚鞚� 氤挫湢頃橁碃 鞛堨姷雼堧嫟.
2攵勱赴 霃欖晥 ContextLogic電� 鞚茧皹 氚� 甏�毽箘鞖╈溂搿� 700毵� 雼煬毳� 歆�於滍枅鞙茧┌, 鞚� 欷� 300毵� 雼煬電� 欤检嫕 旮半皹 氤挫儊鞐� 頃措嫻頃╇媹雼�. 霕愴暅 欤茧 氙戈淡 鞝曤秬 毂勱秾鞐� 韴瀽頃� 200毵� 雼煬鞚� 鞚挫瀽 靾橃澋鞚� 彀届稖頄堨姷雼堧嫟.
ContextLogic Holdings (OTCQB : LOGC) a publi茅 ses r茅sultats financiers du deuxi猫me trimestre 2025, mettant en avant une perte nette r茅duite 脿 5 millions de dollars contre 13 millions de dollars au deuxi猫me trimestre 2024. L'entreprise maintient une solide position financi猫re avec 219 millions de dollars en liquidit茅s, 茅quivalents de tr茅sorerie et titres n茅gociables au 30 juin 2025.
Les d茅veloppements cl茅s incluent la finalisation d'une r茅organisation conform茅ment 脿 l'article 251 de la Delaware General Corporation Law le 7 ao没t 2025, ainsi que la nomination de Michael Scarola en tant que directeur financier. La soci茅t茅 dispose d'un acc猫s 脿 un financement potentiel suppl茅mentaire de 75 millions de dollars via une option d'investissement strat茅gique avec BC Partners pour de futures acquisitions.
Au cours du deuxi猫me trimestre, ContextLogic a engag茅 7 millions de dollars de frais g茅n茅raux et administratifs, dont 3 millions de dollars de r茅mun茅rations bas茅es sur des actions, tout en g茅n茅rant 2 millions de dollars de revenus d'int茅r锚ts provenant d'investissements principalement r茅alis茅s dans des instruments gouvernementaux am茅ricains.
ContextLogic Holdings (OTCQB: LOGC) ver枚ffentlichte die Finanzergebnisse f眉r das zweite Quartal 2025 und hob einen verringerten Nettoverlust von 5 Millionen US-Dollar im Vergleich zu 13 Millionen US-Dollar im zweiten Quartal 2024 hervor. Das Unternehmen verf眉gt 眉ber eine starke finanzielle Position mit 219 Millionen US-Dollar an Gesamtliquidit盲t, Zahlungsmitteln und marktf盲higen Wertpapieren zum 30. Juni 2025.
Wesentliche Entwicklungen umfassen den Abschluss einer Reorganisation gem盲脽 Abschnitt 251 des Delaware General Corporation Law am 7. August 2025 sowie die Ernennung von Michael Scarola zum CFO. Das Unternehmen hat Zugang zu zus盲tzlichen 75 Millionen US-Dollar potenzieller Finanzierung durch eine strategische Investitionsoption mit BC Partners f眉r zuk眉nftige Akquisitionen.
Im zweiten Quartal verzeichnete ContextLogic 7 Millionen US-Dollar an allgemeinen und administrativen Aufwendungen, darunter 3 Millionen US-Dollar an aktienbasierten Verg眉tungen, und erzielte gleichzeitig 2 Millionen US-Dollar Zinsertr盲ge aus Investitionen, haupts盲chlich in US-Staatsanleihen.
- Net loss improved to $5 million from $13 million year-over-year
- Strong balance sheet with $219 million in cash, cash equivalents, and marketable securities
- Additional $75 million funding option available through BC Partners for future acquisitions
- Generated $2 million in interest income from investments
- Incurred $7 million in general and administrative expenses
- Company remains unprofitable with $5 million quarterly net loss
Insights
ContextLogic reduced quarterly losses by 62% year-over-year while maintaining strong liquidity of $219M and potential access to $75M additional capital.
ContextLogic's Q2 2025 results reveal meaningful financial progress with net losses narrowing to
The company's streamlining efforts are evident in their financial structure, with just
Interest income of
The company recently completed a reorganization under Section 251 of Delaware law, which typically involves either a merger or consolidation structure. This corporate restructuring, alongside the appointment of a new CFO and headcount reductions, demonstrates a decisive pivot toward operational efficiency while pursuing acquisition opportunities. The emphasis on having cash reserves primarily invested in secure government instruments suggests conservative cash management while maintaining acquisition readiness.
OAKLAND, Calif., Aug. 07, 2025 (GLOBE NEWSWIRE) -- ContextLogic Holdings Inc. (OTCQB: LOGC) (鈥淐ontextLogic,鈥� the 鈥淐ompany,鈥� 鈥渨e鈥� or 鈥渙ur鈥�) today reported its financial results for the quarter and six months ended June 30, 2025.
Company Update
On July 24, 2025, subsequent to the quarter-end, the Company鈥檚 stockholders approved, and, on August 7, 2025, the Company completed, a reorganization under Section 251 of the Delaware General Corporation Law.
Second-Quarter 2025 Financial Highlights
- Net loss was
$5 million , compared to a net loss of$13 million in the second quarter of fiscal year 2024. - As of June 30, 2025, the Company had
$27 million in cash and cash equivalents,$192 million in marketable securities and$2 million in prepaid expenses and other current assets primarily made up of restricted cash. The Company had total liabilities of$3 million .
ContextLogic will host a financial results conference call at 5pm EDT on August 7th. The live conference call may be accessed by registering .
Company Outlook
During the second quarter of 2025, the Company continued to strategically focus on streamlining its operations to optimize key areas of the business. By reducing its headcount and appointing Michael Scarola as its new Chief Financial Officer, the Company has successfully set itself up to further operate efficiently while pursuing value maximization through organic growth and accretive acquisitions.
As of June 30, 2025, the Company, on a consolidated basis, had approximately
During the three months ended June 30, 2025, the Company incurred
鈥淲ith the emphasis on streamlining and optimization at the forefront of our strategy, the company is equipped, more so than ever, as we head into the second half of the year to operate efficiently and continue to identify and pursue acquisition opportunities,鈥� said Rishi Bajaj, Chief Executive Officer.鈥�
About ContextLogic Holdings Inc.
ContextLogic Holdings Inc. is a publicly traded company currently seeking to develop and grow a de novo business and finance potential future bolt-on acquisitions of assets or businesses that are complementary to its operations. For more information on ContextLogic, please visit ir.contextlogic.com.
Forward-Looking Statements
This news release contains forward-looking statements within the meaning of the Safe Harbor provisions of the Private Securities Litigation Reform Act of 1995. All statements other than statements of historical fact could be deemed forward-looking, including, but not limited to, statements regarding ContextLogic鈥檚 financial outlook, the strategic alternatives considered by our Board of Directors, including the decisions taken thereto and alternatives for the use of the cash or cash equivalents, and other quotes of management. In some cases, forward-looking statements can be identified by terms such as 鈥渁nticipates,鈥� 鈥渂elieves,鈥� 鈥渃ould,鈥� 鈥渆stimates,鈥� 鈥渆xpects,鈥� 鈥渇oresees,鈥� 鈥渇orecasts,鈥� 鈥済uidance,鈥� 鈥渋ntends鈥� 鈥済oals,鈥� 鈥渕ay,鈥� 鈥渕ight,鈥� 鈥渙utlook,鈥� 鈥減lans,鈥� 鈥減otential,鈥� 鈥減redicts,鈥� 鈥減rojects,鈥� 鈥渟eeks,鈥� 鈥渟hould,鈥� 鈥渢argets,鈥� 鈥渨ill,鈥� 鈥渨ould鈥� or similar expressions and the negatives of those terms. These forward-looking statements are subject to risks, uncertainties, and assumptions. If the risks materialize or assumptions prove incorrect, actual results could differ materially from the results implied by these forward-looking statements. Important factors, risks and uncertainties that could cause actual results to differ materially from those forward-looking statements include but are not limited to: the reorganization of ContextLogic Inc. and ContextLogic Holdings Inc., the strategic alternatives considered by our Board of Directors, including the decisions taken thereto; our lack of operating revenues after the sale of substantially all of our assets in April 2024; our prior history of losses; our continuation as a publicly-traded and reporting company after the sale of substantially all of our assets; our ability to utilize our net operating loss carryforwards and other tax attributes; risks related to any future acquisition of a business or assets; currently pending or future litigation; risks if we are deemed to be an investment company under the Investment Company Act of 1940; our voluntary delisting on Nasdaq, and our continued listing on the OTC Markets; impact of anti-takeover provisions in our charter documents and under Delaware law; our possible or assumed future financial performance; our future liquidity and operating expenditures; our financial condition and results of operations; competitive changes in the marketplace; our expected tax rate; the effect of changes in or the application of new or revised tax laws; the effect of new accounting pronouncements; and the other important factors discussed in our most recent Annual Report on Form 10-K and any subsequent Quarterly Reports on Form 10-Q or Current Reports on Form 8-K. New risks emerge from time to time. It is not possible for our management to predict all risks, nor can we assess the impact of all factors on our business or the extent to which any factor, or combination of factors, may cause actual results to differ materially from those contained in any forward-looking statements we may make. Further information on these and additional risks that could affect ContextLogic鈥檚 results is included in its filings with the Securities and Exchange Commission (鈥淪EC鈥�), including the Annual Report on Form 10-K for the year ended December 31, 2024, as amended by Amendment No. 1 to the Annual Report on Form 10K/A, the Quarterly Report on Form 10-Q for the period ended June 30, 2025 and other reports that ContextLogic files with the SEC from time to time, which could cause actual results to vary from expectations. Any forward-looking statement made by ContextLogic in this news release speaks only as of the day on which ContextLogic makes it. ContextLogic assumes no obligation to, and does not currently intend to, update any such forward-looking statements after the date of this release.
| 听 | ||||||||
| ContextLogic Holdings Inc. Condensed Consolidated Balance Sheets (in millions) (unaudited) | ||||||||
| 听 | ||||||||
| 听 | 听 | As of June 30, | 听 | 听 | As of December听31, | 听 | ||
| 听 | 听 | 2025 | 听 | 听 | 2024 | 听 | ||
| Assets | 听 | 听 | 听 | 听 | 听 | 听 | ||
| Current assets: | 听 | 听 | 听 | 听 | 听 | 听 | ||
| Cash and cash equivalents | 听 | $ | 27 | 听 | 听 | $ | 66 | 听 |
| Marketable securities | 听 | 听 | 192 | 听 | 听 | 听 | 83 | 听 |
| Prepaid expenses and other current assets | 听 | 听 | 2 | 听 | 听 | 听 | 7 | 听 |
| Total current assets | 听 | 听 | 221 | 听 | 听 | 听 | 156 | 听 |
| Total assets | 听 | $ | 221 | 听 | 听 | $ | 156 | 听 |
| Liabilities, Redeemable Non-controlling Interest, and Stockholders鈥� Equity | 听 | 听 | 听 | 听 | 听 | 听 | ||
| Current liabilities: | 听 | 听 | 听 | 听 | 听 | 听 | ||
| Accounts payable | 听 | $ | 1 | 听 | 听 | $ | 鈥� | 听 |
| Accrued liabilities | 听 | 听 | 2 | 听 | 听 | 听 | 5 | 听 |
| Total current liabilities | 听 | 听 | 3 | 听 | 听 | 听 | 5 | 听 |
| Total liabilities | 听 | 听 | 3 | 听 | 听 | 听 | 5 | 听 |
| Redeemable non-controlling interest | 听 | 听 | 76 | 听 | 听 | 听 | 鈥� | 听 |
| Stockholders鈥� equity | 听 | 听 | 142 | 听 | 听 | 听 | 151 | 听 |
| Total liabilities, redeemable non-controlling interest, and stockholders鈥� equity | 听 | $ | 221 | 听 | 听 | $ | 156 | 听 |
| 听 | 听 | 听 | 听 | 听 | 听 | 听 | 听 | 听 |
| ContextLogic Holdings Inc. Condensed Consolidated Statements of Operations (in millions, except per share data) (unaudited) | ||||||||||||||||
| 听 | ||||||||||||||||
| 听 | 听 | Three Months Ended | 听 | 听 | Six Months Ended | 听 | ||||||||||
| 听 | 听 | June 30, | 听 | 听 | June 30, | 听 | ||||||||||
| 听 | 听 | 2025 | 听 | 听 | 2024 | 听 | 听 | 2025 | 听 | 听 | 2024 | 听 | ||||
| Revenue | 听 | $ | 鈥� | 听 | 听 | $ | 7 | 听 | 听 | $ | 鈥� | 听 | 听 | $ | 43 | 听 |
| Cost of revenue | 听 | 听 | 鈥� | 听 | 听 | 听 | 6 | 听 | 听 | 听 | 鈥� | 听 | 听 | 听 | 36 | 听 |
| Gross profit | 听 | 听 | 鈥� | 听 | 听 | 听 | 1 | 听 | 听 | 听 | 鈥� | 听 | 听 | 听 | 7 | 听 |
| Operating expenses: | 听 | 听 | 听 | 听 | 听 | 听 | 听 | 听 | 听 | 听 | 听 | 听 | ||||
| Sales and marketing | 听 | 听 | 鈥� | 听 | 听 | 听 | 3 | 听 | 听 | 听 | 鈥� | 听 | 听 | 听 | 18 | 听 |
| Product development | 听 | 听 | 鈥� | 听 | 听 | 听 | 4 | 听 | 听 | 听 | 鈥� | 听 | 听 | 听 | 26 | 听 |
| General and administrative | 听 | 听 | 7 | 听 | 听 | 听 | 13 | 听 | 听 | 听 | 13 | 听 | 听 | 听 | 35 | 听 |
| Total operating expenses | 听 | 听 | 7 | 听 | 听 | 听 | 20 | 听 | 听 | 听 | 13 | 听 | 听 | 听 | 79 | 听 |
| Loss from operations | 听 | 听 | (7 | ) | 听 | 听 | (19 | ) | 听 | 听 | (13 | ) | 听 | 听 | (72 | ) |
| Other income, net: | 听 | 听 | 听 | 听 | 听 | 听 | 听 | 听 | 听 | 听 | 听 | 听 | ||||
| Interest and other income, net | 听 | 听 | 2 | 听 | 听 | 听 | 2 | 听 | 听 | 听 | 4 | 听 | 听 | 听 | 2 | 听 |
| Gain on Asset Sale | 听 | 听 | 鈥� | 听 | 听 | 听 | 4 | 听 | 听 | 听 | 鈥� | 听 | 听 | 听 | 4 | 听 |
| Loss before provision for income taxes | 听 | 听 | (5 | ) | 听 | 听 | (13 | ) | 听 | 听 | (9 | ) | 听 | 听 | (66 | ) |
| Provision for income taxes | 听 | 听 | 鈥� | 听 | 听 | 听 | 鈥� | 听 | 听 | 听 | 鈥� | 听 | 听 | 听 | 6 | 听 |
| Net loss | 听 | 听 | (5 | ) | 听 | 听 | (13 | ) | 听 | 听 | (9 | ) | 听 | 听 | (72 | ) |
| Adjustments attributable to redeemable non-controlling interest | 听 | 听 | (1 | ) | 听 | 听 | 鈥� | 听 | 听 | 听 | (4 | ) | 听 | 听 | 鈥� | 听 |
| Net loss attributable to redeemable non-controlling interest | 听 | 听 | 鈥� | 听 | 听 | 听 | 鈥� | 听 | 听 | 听 | 鈥� | 听 | 听 | 听 | 鈥� | 听 |
| Net loss attributable to common stockholders | 听 | $ | (6 | ) | 听 | $ | (13 | ) | 听 | $ | (13 | ) | 听 | $ | (72 | ) |
| Net loss per share attributable to common stockholders, basic and diluted | 听 | $ | (0.23 | ) | 听 | $ | (0.50 | ) | 听 | $ | (0.49 | ) | 听 | $ | (2.87 | ) |
| Weighted-average shares used in computing net loss per share attributable to common stockholders, basic and diluted | 听 | 听 | 26,603 | 听 | 听 | 听 | 25,858 | 听 | 听 | 听 | 26,456 | 听 | 听 | 听 | 25,086 | 听 |
| 听 | 听 | 听 | 听 | 听 | 听 | 听 | 听 | 听 | 听 | 听 | 听 | 听 | 听 | 听 | 听 | 听 |
| ContextLogic Holdings Inc. Condensed Consolidated Statements of Cash Flows (in millions) (unaudited) | ||||||||
| 听 | ||||||||
| 听 | 听 | Six Months Ended | 听 | |||||
| 听 | 听 | June 30, | 听 | |||||
| 听 | 听 | 2025 | 听 | 听 | 2024 | 听 | ||
| Cash flows from operating activities: | 听 | 听 | 听 | 听 | 听 | 听 | ||
| Net loss attributable to common stockholders | 听 | $ | (13 | ) | 听 | $ | (72 | ) |
| Net loss and adjustment attributable to redeemable non-controlling interest | 听 | 听 | 4 | 听 | 听 | 听 | 鈥� | 听 |
| Net loss | 听 | 听 | (9 | ) | 听 | 听 | (72 | ) |
| Adjustments to reconcile net loss to net cash used in operating activities: | 听 | 听 | 听 | 听 | 听 | 听 | ||
| Depreciation and amortization | 听 | 听 | 鈥� | 听 | 听 | 听 | 1 | 听 |
| Noncash lease expense | 听 | 听 | 鈥� | 听 | 听 | 听 | 1 | 听 |
| Stock-based compensation | 听 | 听 | 4 | 听 | 听 | 听 | 12 | 听 |
| Net accretion of discounts and premiums on marketable securities | 听 | 听 | (3 | ) | 听 | 听 | (1 | ) |
| Gain on Asset Sale | 听 | 听 | 鈥� | 听 | 听 | 听 | (4 | ) |
| Changes in operating assets and liabilities: | 听 | 听 | 听 | 听 | 听 | 听 | ||
| Prepaid expenses, other current and noncurrent assets | 听 | 听 | 鈥� | 听 | 听 | 听 | (1 | ) |
| Accounts payable | 听 | 听 | 鈥� | 听 | 听 | 听 | (16 | ) |
| Merchants payable | 听 | 听 | 鈥� | 听 | 听 | 听 | (8 | ) |
| Accrued and refund liabilities | 听 | 听 | (2 | ) | 听 | 听 | (6 | ) |
| Lease liabilities | 听 | 听 | 鈥� | 听 | 听 | 听 | (2 | ) |
| Other current and noncurrent liabilities | 听 | 听 | 鈥� | 听 | 听 | 听 | 6 | 听 |
| Net cash used in operating activities | 听 | 听 | (10 | ) | 听 | 听 | (90 | ) |
| Cash flows from investing activities: | 听 | 听 | 听 | 听 | 听 | 听 | ||
| Proceeds from Asset Sale, net of cash disposed | 听 | 听 | 鈥� | 听 | 听 | 听 | (133 | ) |
| Purchases of marketable securities | 听 | 听 | (190 | ) | 听 | 听 | (47 | ) |
| Maturities of marketable securities | 听 | 听 | 83 | 听 | 听 | 听 | 145 | 听 |
| Net cash (used in) provided by investing activities | 听 | 听 | (107 | ) | 听 | 听 | (35 | ) |
| Cash flows from financing activities: | 听 | 听 | 听 | 听 | 听 | 听 | ||
| Proceeds from issuance of redeemable convertible Preferred Units, net | 听 | 听 | 72 | 听 | 听 | 听 | 鈥� | 听 |
| Payment of taxes related to RSU settlement | 听 | 听 | 鈥� | 听 | 听 | 听 | (1 | ) |
| Net cash provided by (used in) financing activities | 听 | 听 | 72 | 听 | 听 | 听 | (1 | ) |
| Foreign currency effects on cash, cash equivalents and restricted cash | 听 | 听 | 鈥� | 听 | 听 | 听 | (2 | ) |
| Net (decrease) increase in cash, cash equivalents and restricted cash | 听 | 听 | (45 | ) | 听 | 听 | (128 | ) |
| Cash, cash equivalents and restricted cash at beginning of period | 听 | 听 | 73 | 听 | 听 | 听 | 238 | 听 |
| Cash, cash equivalents and restricted cash at end of period | 听 | $ | 28 | 听 | 听 | $ | 110 | 听 |
| Reconciliation of cash, cash equivalents, and restricted cash to the condensed consolidated balance sheets: | 听 | 听 | 听 | 听 | 听 | 听 | ||
| Cash and cash equivalents | 听 | $ | 27 | 听 | 听 | $ | 103 | 听 |
| Restricted cash included in prepaid and other current assets in the condensed consolidated balance sheets | 听 | 听 | 1 | 听 | 听 | 听 | 7 | 听 |
| Total cash, cash equivalents and restricted cash | 听 | $ | 28 | 听 | 听 | $ | 110 | 听 |
| Supplemental cash flow disclosures: | 听 | 听 | 听 | 听 | 听 | 听 | ||
| Cash paid for operating leases | 听 | $ | 鈥� | 听 | 听 | $ | 3 | 听 |
| Cash paid for income taxes, net of refunds | 听 | $ | 鈥� | 听 | 听 | $ | 鈥� | 听 |
| 听 | 听 | 听 | 听 | 听 | 听 | 听 | 听 | 听 |
Contacts
Investor Relations:
Lucy Simon, CLHI
[email protected]
FAQ
What were ContextLogic's (LOGC) Q2 2025 financial results?
Who is the new CFO of ContextLogic (LOGC)?
How much additional funding can ContextLogic (LOGC) access through BC Partners?
What was ContextLogic's (LOGC) cash position as of June 30, 2025?
What major corporate action did ContextLogic (LOGC) complete in August 2025?
