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Condensed Financial Information of Parent Company (Tables)
12 Months Ended
Dec. 31, 2022
Condensed Financial Information Disclosure [Abstract]  
Schedule of Parent-only Balance Sheets

The following table presents the parent-only balance sheets of GoodRx Holdings, Inc.:

 

 

 

December 31,

 

(in thousands, except par values)

 

2022

 

 

2021

 

Assets

 

 

 

 

 

 

Cash

 

$

5

 

 

$

5

 

Other asset

 

 

 

 

 

80

 

Investment in subsidiary, net of distributions

 

 

814,822

 

 

 

831,595

 

Total assets

 

$

814,827

 

 

$

831,680

 

Liabilities and stockholders' equity

 

 

 

 

 

 

Total liabilities

 

$

 

 

$

 

Stockholders' equity

 

 

 

 

 

 

Preferred stock, $0.0001 par value

 

 

 

 

 

 

Common stock, $0.0001 par value

 

 

40

 

 

 

40

 

Additional paid-in capital

 

 

2,263,322

 

 

 

2,247,347

 

Accumulated deficit

 

 

(1,448,535

)

 

 

(1,415,707

)

Total stockholders' equity

 

 

814,827

 

 

 

831,680

 

Total liabilities and stockholders' equity

 

$

814,827

 

 

$

831,680

 

Schedule of Parent-only Statement of Operations

The following table presents the parent-only statements of operations of GoodRx Holdings, Inc.:

 

 

 

Year Ended December 31,

 

(in thousands)

 

2022

 

 

2021

 

 

2020

 

Equity in loss of subsidiary

 

$

(32,828

)

 

$

(25,254

)

 

$

(293,623

)

Net loss

 

$

(32,828

)

 

$

(25,254

)

 

$

(293,623

)

Schedule of Parent-only Statement of Cash Flows

The following table presents the parent-only statements of cash flows of GoodRx Holdings, Inc.:

 

 

 

Year Ended December 31,

 

(in thousands)

 

2022

 

 

2021

 

 

2020

 

Cash flows from operating activities

 

 

 

 

 

 

 

 

 

Net loss

 

$

(32,828

)

 

$

(25,254

)

 

$

(293,623

)

Adjustments to reconcile net loss to net cash provided by (used in) operating activities:

 

 

 

 

 

 

 

 

 

Equity in loss of subsidiary

 

 

32,828

 

 

 

25,254

 

 

 

293,623

 

Changes in assets and liabilities:

 

 

 

 

 

 

 

 

 

Other asset

 

 

80

 

 

 

(23

)

 

 

90

 

Other current liabilities

 

 

 

 

 

(87

)

 

 

87

 

Net cash provided by (used in) operating activities

 

 

80

 

 

 

(110

)

 

 

177

 

Cash flows from investing activities

 

 

 

 

 

 

 

 

 

Distribution from (investment in) subsidiary

 

 

113,117

 

 

 

22,777

 

 

 

(914,434

)

Net cash provided by (used in) investing activities

 

 

113,117

 

 

 

22,777

 

 

 

(914,434

)

Cash flows from financing activities

 

 

 

 

 

 

 

 

 

Proceeds from issuance of common stock in initial public offering, net of
   underwriting discounts and commissions

 

 

 

 

 

 

 

 

891,793

 

Proceeds from private placement with a related party

 

 

 

 

 

 

 

 

100,000

 

Repurchases of Class A common stock

 

 

(101,721

)

 

 

 

 

 

 

Payments of initial public offering issuance costs

 

 

 

 

 

 

 

 

(4,937

)

Proceeds from exercise of stock options

 

 

9,159

 

 

 

35,021

 

 

 

5,343

 

Proceeds from early exercise of stock options

 

 

 

 

 

 

 

 

667

 

Employee taxes paid related to net share settlement of equity awards

 

 

(20,635

)

 

 

(57,688

)

 

 

(78,714

)

Net cash (used in) provided by financing activities

 

 

(113,197

)

 

 

(22,667

)

 

 

914,152

 

Net change in cash

 

 

 

 

 

 

 

 

(105

)

Cash

 

 

 

 

 

 

 

 

 

Beginning of period

 

 

5

 

 

 

5

 

 

 

110

 

End of period

 

$

5

 

 

$

5

 

 

$

5