EFTA01377783.pdf

S- l/A Other assets 2.399 3.348 2.243 2.243 Total assets 318.341 S 541.888 S 597.946 Si 597.946 Liabilities and Stockholders' Equity Current liabilities: Accounts payable 5 4.541 5 5,436 5 7,528 5 7,528 Customers payable 95.794 148.648 238.085 238.085 Accrued transaction losses 7.488 8,452 16,004 16,004 Accrued expenses 9.272 17.368 35,669 35.669 Other current liabilities 12.646 11,202 13,954 13.954 Total current liabilities 129,741 191.106 311.240 311.240 Debt — 30.000 — — Other liabilities 26.306 47.110 50.244 50.244 Total liabikties 156,047 268,216 361,484 361,484 Commitments and contingencies (Note 16) Stockholders' equity: Convertible preferred stock. 50.0000001 par value. 135,333.510. 135,339,499 and 135,339,499 shares authorized at December 31. 2013. December 31. 2014, and September 30. 2015. respectively: 134.528.520, 135.252,809. and 135.252,809 issued and outstanding at December 31. 2013. December 31. 2014. and September 30. 2015, respectively. Liquidation preference of 5370.967. $520.967, and 5520.967 at December 31. 2013. December 31. 2014. and September 30. 2015. respectively. No shares authorized, issued and outstanding. pro forma September 30. 2015 366.197 514.945 514.945 — Common stock. 50.0000001 par value. 370.000,000 445.000,000. and 445.000,000 shares authorized at December 31. 2013. December 31. 2014. and September 30. 2015, respectively: 138.017,900. 154,603,683, 156,742.206. and 291.995.015 issued and outstanding at December 31. 2013. December 31. 2014. September 30. 2015. and pro forma September 30, 2015. respectively — — — — Additional paid•in capital 38,329 155.166 249.954 764,899 Accumulated other comprehensive loss (693) (807) (1,277) (1,277) Accumulated deficit (241.539) (395.632) (527.160) (527.160) Total stockholders' equity 162.294 273.672 236.462 236.462 Total liabilities and stockholders' equity 5 318.341 5 541.888 $ 597.946 $ 597.946 See accompanying notes to consolidated financial statements. F-3 Table or Conlon % SQUARE, INC. CONSOLIDATED STATEMENTS OF OPERATIONS (In thousands, except per share data) Nine Months Ended Year Ended December 31, September 30, 2012 2013 2014 2014 2015 (Unaudited) Revenue: Transaction revenue 5193.978 S 433.737 S 707.799 S 501.468 S 751,929 Starbucks transaction revenue 9.471 114.456 123.024 86.508 95,199 Software and data product revenue — 12,046 6,022 35.628 Hardware revenue 4,240 7.323 5.300 10.002 Total net revenue 203.449 552.433 850.192 599.298 892.758 Cost of revenue: Transaction costs 126,351 277.833 450,858 318,501 479.937 Starbucks transaction costs 12,547 139,803 150.955 107.889 118.542 Software and data product costs 2,973 1.032 13.820 Hardware costs 6.012 18.330 13.527 16,636 Amortization of acquired technology 1.002 602 2.886 http://www.sec.gov/A rehivestedgaddata/1512673ANS1119312515369092/d937622dsla.htm[11/6/2015 7:37:12 AM) CONFIDENTIAL - PURSUANT TO FED. R. GRIM. P. 6(e) DB-SDNY-0074935 CONFIDENTIAL SDNY_GM_00221119 EFTA01377783