Mon, Dec 16, 9:06 PM (32 days ago)
Duolingo, Inc. (DUOL) filed Amendment No. 1 to its Form 10-Q for the quarter ending September 30, 2024, originally submitted on November 7, 2024. This amendment primarily updates Part II, Item 5, by including previously omitted disclosures regarding a Rule 10b5-1 trading arrangement involving CEO Luis von Ahn and the Luis von Ahn Foundation, along with a sales plan for CTO Severin Hacker. The amendment does not alter any financial statements or performance metrics from the original filing, which reported on the company's quarterly financial health, revenue trends, and profit margins. No significant changes to cash flow or earnings were made, and the company remains classified as a large accelerated filer. The disclosure updates aim to enhance compliance with SEC regulations without impacting previously reported financial results. Overall, the amendment reflects ongoing corporate governance practices rather than financial performance changes.