ONESPAWORLD HOLDINGS Ltd

For the period ended Dec 31, 2023. Filed Feb 29, 2024.

About this filing

A company's yearly report to the SEC, with audited financial statements. It is the fullest account a company gives of its business, its finances and the risks it sees.

FY2023 · Filed Feb 29, 2024

OSW$32.47+4.3%Stored close · as of Nov 9, 2026

Extracted filing text, with the paragraph anchors used by the comparison.

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Contents

Consolidated Balance Sheets

(in thousands, except share and per share data)

	As of December 31,
ASSETS	2023	2022
CURRENT ASSETS:
Cash and cash equivalents	$27,704	$32,064
Restricted cash	1,198	1,198
Accounts receivable, net	40,784	33,558
Inventories, net	47,504	39,835
Prepaid expenses	3,172	7,084
Other current assets	6,360	4,154
Total current assets	126,722	117,893
Property and equipment, net	15,006	14,517
Operating lease right-of-use assets, net	12,132	13,932
Intangible assets, net	546,968	565,467
OTHER ASSETS:
Deferred tax assets	2,340	227
Other non-current assets	2,972	5,399
Total other assets	5,312	5,626
Total assets	$706,140	$717,435
LIABILITIES AND SHAREHOLDERS' EQUITY
LIABILITIES:
Accounts payable	$31,705	$24,124
Accrued expenses	45,991	39,999
Current portion of operating leases	2,264	2,239
Current portion of long-term debt	—	2,085
Other current liabilities	899	1,116
Total current liabilities	80,859	69,563
Income tax contingency	—	3,912
Warrant liabilities	20,400	52,900
Other long-term liabilities	2,449	2,449
Long-term operating leases	10,156	12,101
Long-term debt, net	158,207	210,701
Total liabilities	272,071	351,626
Commitments and contingencies (Note 13)
SHAREHOLDERS' EQUITY:
Common stock:
Voting common stock, $0.0001 par value; 225,000,000 shares authorized, 99,734,672 shares issued and outstanding at December 31, 2023 and 79,544,055 shares issued and outstanding at December 31, 2022	10	8
Non-voting common stock, $0.0001 par value; 25,000,000 shares authorized, zero shares issued and outstanding, at December 31, 2023 and 13,421,914 shares issued and outstanding at December 31, 2022	—	1
Additional paid-in capital	777,062	700,612
Accumulated deficit	(344,458)	(338,609)
Accumulated other comprehensive income	1,455	3,797
Total shareholders' equity	434,069	365,809
Total liabilities and shareholders' equity	$706,140	$717,435

ContentsView on SEC.gov

The text of this filing, as the company filed it with the SEC, without its images or exhibits. This is not investment advice.