Cover Page - USD ($) $ in Millions | 12 Months Ended | | |
Dec. 31, 2023 | Apr. 30, 2024 | Jun. 30, 2023 |
Document Information [Line Items] | | | |
Document Type | 10-K/A | | |
Amendment Flag | true | | |
Amendment Description | This Amendment No. 1 on Form 10-K/A (this “Amendment”) amends the Annual Report on Form 10-K of ContextLogic Inc. (the “Company,” “we,” “our,” “us” or “ContextLogic”) for the year ended December 31, 2023, as originally filed with the Securities and Exchange Commission (the “SEC”) on March 5, 2024 (the “Original 10-K”). The purpose of this Amendment is to include information required by Part III of the Annual Report on Form 10-K that was intentionally omitted from Part III of the Original 10-K. In addition, this Amendment amends Item 15 of Part IV of the Original 10-K to update the exhibit list and to include new certifications by our principal executive officer and principal financial officer under Section 302 of the Sarbanes-Oxley Act of 2002, as required by Rule 12b-15 under the Securities Exchange Act of 1934, as amended (the “Exchange Act”) and amends the cover page to clarify that we are not a well-known seasoned issuer under Rule 405 of the Securities Act. Except as described above, no other changes have been made to the Original 10-K. The Original 10-K continues to speak as of the dates described in the Original 10-K, and we have not updated the disclosures contained therein to reflect any events that occurred subsequent to such dates. Accordingly, this Amendment should be read in conjunction with the Company’s filings made with the SEC subsequent to the filing of the Original 10-K, as information in such filings may update or supersede certain information contained in this Amendment. As used in this Amendment, unless the context otherwise requires, we use the terms “ContextLogic,” the “Company,” “we,” “us” and “our” in this Annual Report on Form 10-K to refer to ContextLogic Inc. and, where appropriate, its consolidated subsidiaries. | | |
Document Period End Date | Dec. 31, 2023 | | |
Document Fiscal Year Focus | 2023 | | |
Document Fiscal Period Focus | FY | | |
Entity Registrant Name | ContextLogic Inc. | | |
Entity Central Index Key | 0001822250 | | |
Entity Current Reporting Status | Yes | | |
Entity Voluntary Filers | No | | |
Entity Interactive Data Current | Yes | | |
Current Fiscal Year End Date | --12-31 | | |
Entity Filer Category | Accelerated Filer | | |
Entity Well-known Seasoned Issuer | No | | |
Entity Public Float | | | $ 174 |
Entity Shell Company | false | | |
Entity Small Business | true | | |
Entity Emerging Growth Company | false | | |
Entity File Number | 001-39775 | | |
Entity Incorporation, State or Country Code | DE | | |
Entity Tax Identification Number | 27-2930953 | | |
Entity Address, Address Line One | 2648 International Blvd Ste 115 | | |
Entity Address, City or Town | Oakland | | |
Entity Address, State or Province | CA | | |
Entity Address, Postal Zip Code | 94601 | | |
City Area Code | 415 | | |
Local Phone Number | 965-8476 | | |
Document Annual Report | true | | |
Document Transition Report | false | | |
ICFR Auditor Attestation Flag | true | | |
Documents Incorporated by Reference | None. | | |
Document Financial Statement Error Correction [Flag] | false | | |
Class A Common Stock | | | |
Document Information [Line Items] | | | |
Entity Common Stock, Shares Outstanding | | 0 | |
Title of 12(b) Security | Class A Common Stock, $0.0001 par value | | |
Trading Symbol | WISH | | |
Security Exchange Name | NASDAQ | | |
Class B Common Stock | | | |
Document Information [Line Items] | | | |
Entity Common Stock, Shares Outstanding | | 0 | |
Preferred Stock Purchase Rights | | | |
Document Information [Line Items] | | | |
Title of 12(b) Security | Preferred Stock Purchase Rights | | |
No Trading Symbol Flag | true | | |
Security Exchange Name | NASDAQ | | |