Vital Farms Inc
For the period ended Dec 31, 2023. Filed Mar 7, 2024.
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FY2023 · Filed Mar 7, 2024
VITL$10.05+5.6%Stored close · as of Nov 9, 2026
Extracted filing text, with the paragraph anchors used by the comparison.
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Consolidated Balance Sheets
(Amounts in thousands, except share amounts)
| December 31,2023 | December 25,2022 | |
|---|---|---|
| Assets | ||
| Current assets: | ||
| Cash and cash equivalents | $84,149 | $12,914 |
| Investment securities, available-for-sale | 32,667 | 65,814 |
| Accounts receivable, net of allowance for credit losses of $550 and $699 as of December 31, 2023 and December 25, 2022, respectively | 39,699 | 38,895 |
| Inventories | 32,895 | 26,849 |
| Prepaid expenses and other current assets, net of allowance for credit losses of $227 and $206 as of December 31, 2023 and December 25, 2022, respectively | 6,114 | 5,142 |
| Total current assets | 195,524 | 149,614 |
| Property, plant and equipment, net | 66,839 | 59,155 |
| Operating lease right-of-use assets | 8,911 | 1,895 |
| Goodwill and other assets | 3,904 | 4,002 |
| Total assets | $275,178 | $214,666 |
| Liabilities and Stockholders’ Equity | ||
| Current liabilities: | ||
| Accounts payable | $33,485 | $25,972 |
| Accrued liabilities | 24,218 | 18,477 |
| Operating lease liabilities, current | 3,057 | 1,208 |
| Finance lease liabilities, current | 3,255 | 1,570 |
| Income taxes payable | 1,206 | 425 |
| Total current liabilities | 65,221 | 47,652 |
| Operating lease liabilities, non-current | 5,771 | 892 |
| Finance lease liabilities, non-current | 10,481 | 7,023 |
| Other liabilities | 1,028 | 767 |
| Total liabilities | $82,501 | $56,334 |
| Commitments and contingencies (Note 20) | ||
| Stockholders’ equity: | ||
| Preferred stock, $0.0001 par value per share, 10,000,000 shares authorized as of December 31, 2023 and December 25, 2022; no shares issued and outstanding as of December 31, 2023 and December 25, 2022, respectively | — | — |
| Common stock, $0.0001 par value per share, 310,000,000 shares authorized as of December 31, 2023 and December 25, 2022; 41,684,649 and 40,746,990 shares issued and outstanding as of December 31, 2023 and December 25, 2022, respectively | 4 | 4 |
| Additional paid-in capital | 163,325 | 155,716 |
| Retained earnings | 29,725 | 4,159 |
| Accumulated other comprehensive loss | (377) | (1,547) |
| Total stockholders’ equity | $192,677 | $158,332 |
| Total liabilities and stockholders’ equity | $275,178 | $214,666 |
The text of this filing, as the company filed it with the SEC, without its images or exhibits. This is not investment advice.