Coursera Inc 2025年季度报告

FORM10-Q_________________________________________________________ (Mark One) xQUARTERLY REPORT PURSUANT TO SECTION 13 OR 15(d) OF THE SECURITIES EXCHANGE ACT OF 1934 For the quarterly period endedJune 30, 2025OR TRANSITION REPORT PURSUANT TO SECTION 13 OR 15(d) OF THE SECURITIES EXCHANGE ACT OF 1934 For the transition period from ____ to ____Commission File Number:001-40275_________________________________________________________ COURSERA, INC. (Exact Name of Registrant as Specified in its Charter)_________________________________________________________ Registrant’s telephone number, including area code: (650)963-9884 Securities registered pursuant to Section 12(b) of the Act: Indicate by check mark whether the registrant (1) has filed all reports required to be filed by Section 13 or 15(d) of the Securities ExchangeAct of 1934 during the preceding 12 months (or for such shorter period that the registrant was required to file such reports), and (2) has been subjectto such filing requirements for the past 90 days.YesxNoo Indicate by check mark whether the registrant has submitted electronically every Interactive Data File required to be submitted pursuant toRule 405 of Regulation S-T (§232.405 of this chapter) during the preceding 12 months (or for such shorter period that the registrant was required tosubmit such files).YesxNoo Indicate by check mark whether the registrant is a large accelerated filer, an accelerated filer, a non-accelerated filer, smaller reportingcompany, or an emerging growth company. See the definitions of “large accelerated filer,” “accelerated filer,” “smaller reporting company,” and“emerging growth company” in Rule 12b-2 of the Exchange Act. If an emerging growth company, indicate by check mark if the registrant has elected not to use the extended transition period for complyingwith any new or revised financial accounting standards provided pursuant to Section 13(a) of the Exchange Act.o Indicate by check mark whether the registrant is a shell company (as defined in Rule 12b-2 of the Exchange Act). YesoNox Table of Contents PART I.FINANCIAL INFORMATIONItem 1.Condensed Consolidated Financial Statements (Unaudited)2Condensed Consolidated Balance Sheets2Condensed Consolidated Statements of Operations3Condensed Consolidated Statements of Comprehensive Loss4Condensed Consolidated Statements of Stockholders’ Equity5Condensed Consolidated Statements of Cash Flows6Notes to Condensed Consolidated Financial Statements7Item 2.Management’s Discussion and Analysis of Financial Condition and Results of Operations20Item 3.Quantitative and Qualitative Disclosures About Market Risk35Item 4.Controls and Procedures36PART II.OTHER INFORMATION37Item 1.Legal Proceedings37Item 1A.Risk Factors37Item 2.Unregistered Sales of Equity Securities and Use of Proceeds77Item 5.Other Information77Item 6.Exhibits78Signatures79 PART I—FINANCIAL INFORMATION Item 1. Condensed Consolidated Financial Statements (Unaudited) COURSERA, INC. AND SUBSIDIARIES Condensed Consolidated Balance Sheets(In millions, except par value amounts)(Unaudited) COURSERA, INC. AND SUBSIDIARIES Condensed Consolidated Statements of Operations(In millions, except per share amounts)(Unaudited) COURSERA, INC. AND SUBSIDIARIES Condensed Consolidated Statements of Comprehensive Loss(In millions)(Unaudited) COURSERA, INC. AND SUBSIDIARIESCondensed Consolidated Statements of Stockholders’ Equity(In millions)(Unaudited) COURSERA, INC. AND SUBSIDIARIESCondensed Consolidated Statements of Cash Flows(In millions)(Unaudited) COURSERA, INC. AND SUBSIDIARIES NOTES TO CONDENSED CONSOLIDATED FINANCIAL STATEMENTS(In millions, except per share amounts) 1.BASIS OF PRESENTATION AND DESCRIPTION OF BUSINESS Basis of Presentation Theaccompanying Condensed Consolidated Financial Statements(Unaudited)of Coursera,Inc.,a Delaware public benefitcorporation, and its subsidiaries (“Coursera,” the “Company,” “we,” “us,” or “our”) have been prepared in accordance with accountingprinciples generally accepted in the United States (“GAAP”) and following the requirements of the Securities and ExchangeCommission (“SEC”) for interim reporting. As permitted under those rules, certain footnotes or other financial information that arenormally required by GAAP can be condensed or omitted. These Condensed Consolidated Financial Statements (Unaudited) havebeen prepared on the same basis as our annual consolidated financial statements and, in the opinion of management, reflect alladjustments, consisting only of normal recurring adjustments, that are necessary for a fair statement of our financial information. Theresults of operations for the three and six months ended June30, 2025 are not necessarily indicative of the results to be expected forthe year ending December31, 2025 or for any other interim period or for any other future year. These Condensed Consolidated Financial Statements (Unaudited) should be read in conjunction with the Consolidated Financial