IAC Inc. Files 2023 10-K

Ticker: IAC · Form: 10-K · Filed: 2024-02-29T00:00:00.000Z

Sentiment: neutral

Topics: 10-K, annual-report, financials

TL;DR

IAC Inc. dropped its 2023 10-K. All systems go.

AI Summary

IAC Inc. filed its 2023 10-K on February 29, 2024, reporting on its fiscal year ending December 31, 2023. The company, formerly known as IAC Holdings, Inc., is incorporated in Delaware and headquartered in New York. The filing details its financial performance and business operations for the year.

Why It Matters

This filing provides a comprehensive overview of IAC Inc.'s financial health and strategic direction for the past fiscal year, crucial for investors and stakeholders to assess the company's performance and future prospects.

Risk Assessment

Risk Level: medium — The filing is a standard annual report and does not contain immediate red flags or significant new risks.

Key Players & Entities

FAQ

What was IAC Inc.'s total revenue for the fiscal year ending December 31, 2023?

The provided text does not contain specific revenue figures for the fiscal year ending December 31, 2023.

What is the company's primary business segment as indicated in the filing?

The company is classified under SERVICES-COMPUTER PROGRAMMING, DATA PROCESSING, ETC. [7370].

When did IAC Inc. change its name from IAC Holdings, Inc.?

The date of the name change from IAC Holdings, Inc. was January 15, 2020.

What is the SEC file number for IAC Inc.'s 10-K filing?

The SEC file number is 001-39356.

Where is IAC Inc. headquartered?

IAC Inc. is headquartered at 555 West 18th Street, New York, NY 10011.

From the Filing

0001800227-24-000011.txt : 20240229 0001800227-24-000011.hdr.sgml : 20240229 20240229161537 ACCESSION NUMBER: 0001800227-24-000011 CONFORMED SUBMISSION TYPE: 10-K PUBLIC DOCUMENT COUNT: 162 CONFORMED PERIOD OF REPORT: 20231231 FILED AS OF DATE: 20240229 DATE AS OF CHANGE: 20240229 FILER: COMPANY DATA: COMPANY CONFORMED NAME: IAC Inc. CENTRAL INDEX KEY: 0001800227 STANDARD INDUSTRIAL CLASSIFICATION: SERVICES-COMPUTER PROGRAMMING, DATA PROCESSING, ETC. [7370] ORGANIZATION NAME: 06 Technology IRS NUMBER: 843727412 STATE OF INCORPORATION: DE FISCAL YEAR END: 1231 FILING VALUES: FORM TYPE: 10-K SEC ACT: 1934 Act SEC FILE NUMBER: 001-39356 FILM NUMBER: 24703847 BUSINESS ADDRESS: STREET 1: 555 WEST 18TH STREET CITY: NEW YORK STATE: NY ZIP: 10011 BUSINESS PHONE: (212) 314-7300 MAIL ADDRESS: STREET 1: 555 WEST 18TH STREET CITY: NEW YORK STATE: NY ZIP: 10011 FORMER COMPANY: FORMER CONFORMED NAME: IAC/InterActiveCorp DATE OF NAME CHANGE: 20200702 FORMER COMPANY: FORMER CONFORMED NAME: IAC Holdings, Inc. DATE OF NAME CHANGE: 20200115 10-K 1 iaci-20231231.htm 10-K iaci-20231231 0001800227 2023 FY false http://fasb.org/us-gaap/2023#AmortizationOfIntangibleAssets http://fasb.org/us-gaap/2023#OtherAssetsNoncurrent http://fasb.org/us-gaap/2023#OtherAssetsNoncurrent http://fasb.org/us-gaap/2023#AccruedLiabilitiesCurrent http://fasb.org/us-gaap/2023#AccruedLiabilitiesCurrent http://fasb.org/us-gaap/2023#OtherLiabilitiesNoncurrent http://fasb.org/us-gaap/2023#OtherLiabilitiesNoncurrent .01 .01 0001800227 2023-01-01 2023-12-31 0001800227 us-gaap:CommonClassAMember 2024-02-09 xbrli:shares 0001800227 us-gaap:CommonClassBMember 2024-02-09 0001800227 2023-06-30 iso4217:USD 0001800227 2023-12-31 0001800227 2022-12-31 0001800227 us-gaap:CommonClassAMember 2023-12-31 iso4217:USD xbrli:shares 0001800227 us-gaap:CommonClassAMember 2022-12-31 0001800227 us-gaap:CommonClassBMember 2023-12-31 0001800227 us-gaap:CommonClassBMember 2022-12-31 0001800227 2022-01-01 2022-12-31 0001800227 2021-01-01 2021-12-31 0001800227 us-gaap:CostOfSalesMember 2023-01-01 2023-12-31 0001800227 us-gaap:CostOfSalesMember 2022-01-01 2022-12-31 0001800227 us-gaap:CostOfSalesMember 2021-01-01 2021-12-31 0001800227 us-gaap:SellingAndMarketingExpenseMember 2023-01-01 2023-12-31 0001800227 us-gaap:SellingAndMarketingExpenseMember 2022-01-01 2022-12-31 0001800227 us-gaap:SellingAndMarketingExpenseMember 2021-01-01 2021-12-31 0001800227 us-gaap:GeneralAndAdministrativeExpenseMember 2023-01-01 2023-12-31 0001800227 us-gaap:GeneralAndAdministrativeExpenseMember 2022-01-01 2022-12-31 0001800227 us-gaap:GeneralAndAdministrativeExpenseMember 2021-01-01 2021-12-31 0001800227 us-gaap:ResearchAndDevelopmentExpenseMember 2023-01-01 2023-12-31 0001800227 us-gaap:ResearchAndDevelopmentExpenseMember 2022-01-01 2022-12-31 0001800227 us-gaap:ResearchAndDevelopmentExpenseMember 2021-01-01 2021-12-31 0001800227 us-gaap:CommonStockMember us-gaap:CommonClassAMember 2023-12-31 0001800227 us-gaap:CommonStockMember us-gaap:CommonClassBMember 2023-12-31 0001800227 iaci:RedeemableNoncontrollingInterestsMember 2022-12-31 0001800227 us-gaap:CommonStockMember us-gaap:CommonClassAMember 2022-12-31 0001800227 us-gaap:CommonStockMember us-gaap:CommonClassBMember 2022-12-31 0001800227 us-gaap:AdditionalPaidInCapitalMember 2022-12-31 0001800227 us-gaap:RetainedEarningsMember 2022-12-31 0001800227 us-gaap:AccumulatedOtherComprehensiveIncomeMember 2022-12-31 0001800227 us-gaap:TreasuryStockCommonMember 2022-12-31 0001800227 us-gaap:ParentMember 2022-12-31 0001800227 us-gaap:NoncontrollingInterestMember 2022-12-31 0001800227 iaci:RedeemableNoncontrollingInterestsMember 2023-01-01 2023-12-31 0001800227 us-gaap:RetainedEarningsMember 2023-01-01 2023-12-31 0001800227 us-gaap:ParentMember 2023-01-01 2023-12-31 0001800227 us-gaap:NoncontrollingInterestMember 2023-01-01 2023-12-31 0001800227 us-gaap:AccumulatedOtherComprehensiveIncomeMember 2023-01-01 2023-12-31 0001800227 us-gaap:AdditionalPaidInCapitalMember 2023-01-01 2023-1

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