Xponential Fitness Inc
For the period ended Jun 30, 2024. Filed Aug 5, 2024.
View on SEC.govAbout this filing
A company's report for each of its first three quarters. The financial statements are not audited. It shows how the business has moved since the last annual report, and what management says changed.
Jun 30, 2024 · Filed Aug 5, 2024
XPOF$4.59-3.2%Stored close · as of Nov 10, 2026
Extracted filing text, with the paragraph anchors used by the comparison.
See the whole filing, with its images and exhibitsContents
Condensed Consolidated Statements of Changes to Stockholder's Equity (Deficit)
| Class A Common Stock · Class B Common Stock · Treasury Stock | |||||||||||
|---|---|---|---|---|---|---|---|---|---|---|---|
| Shares | Amount | Shares | Amount | Shares | Amount | Additional Paid-In Capital | Receivable from Shareholder | AccumulatedDeficit | Noncontrollinginterests | TotalEquity (Deficit) | |
| Balance at December 31, 2023 | 30,897 | $3 | 16,566 | $2 | 75 | $(1,697) | $521,998 | $(15,426) | $(630,127) | $(77,547) | $(202,794) |
| Equity-based compensation | — | — | — | — | — | — | 3,252 | — | — | 1 | 3,253 |
| Net loss | — | — | — | — | — | — | — | — | (2,867) | (1,489) | (4,356) |
| Conversion of Class B shares to Class A shares | 78 | — | (78) | — | — | — | (9,264) | — | — | 9,264 | — |
| Issuance of Class A common stock under stock-based compensation plans | 607 | — | — | — | — | — | — | — | — | — | — |
| Loan to shareholder and accumulated interest | — | — | — | — | — | — | — | (349) | — | — | (349) |
| Distributions paid to Pre-IPO LLC Members | — | — | — | — | — | — | — | — | — | (36) | (36) |
| Preferred stock dividend | — | — | — | — | — | — | (1,863) | — | — | — | (1,863) |
| Adjustment of preferred stock to redemption value | — | — | — | — | — | — | (8,106) | — | — | — | (8,106) |
| Balance at March 31, 2024 | 31,582 | 3 | 16,488 | 2 | 75 | (1,697) | 506,017 | (15,775) | (632,994) | (69,807) | (214,251) |
| Equity-based compensation | — | — | — | — | — | — | 4,884 | — | — | 1 | 4,885 |
| Net loss | — | — | — | — | — | — | — | — | (9,102) | (4,560) | (13,662) |
| Conversion of Class B shares to Class A shares | 398 | — | (398) | — | — | — | (2,851) | — | — | 2,851 | — |
| Issuance of Class A common stock under stock-based compensation plans | 180 | — | — | — | — | — | 74 | — | — | — | 74 |
| Loan to shareholder and accumulated interest | — | — | — | — | — | — | — | (360) | — | — | (360) |
| Distributions paid to Pre-IPO LLC Members | — | — | — | — | — | — | — | — | — | (206) | (206) |
| Preferred stock dividend | — | — | — | — | — | — | (2,150) | — | — | — | (2,150) |
| Adjustment of preferred stock to redemption value | — | — | — | — | — | — | 2,012 | — | — | — | 2,012 |
| Balance at June 30, 2024 | 32,160 | $3 | 16,090 | $2 | 75 | $(1,697) | $507,986 | $(16,135) | $(642,096) | $(71,721) | $(223,658) |
Condensed Consolidated Statements of Changes to Stockholders' Equity (Deficit)
| Class A Common Stock · Class B Common Stock · Treasury Stock | |||||||||||
|---|---|---|---|---|---|---|---|---|---|---|---|
| Shares | Amount | Shares | Amount | Shares | Amount | Additional Paid-In Capital | Receivable from Shareholder | AccumulatedDeficit | Noncontrollinginterests | TotalEquity (Deficit) | |
| Balance at December 31, 2022 | 27,571 | $3 | 21,647 | $2 | 75 | $(1,697) | $505,186 | $(16,369) | $(641,903) | $(53,284) | $(208,062) |
| Equity-based compensation | — | — | — | — | — | — | 5,598 | — | — | 14 | 5,612 |
| Net loss | — | — | — | — | — | — | — | — | (9,983) | (4,996) | (14,979) |
| Conversion of Class B shares to Class A shares | 4,926 | — | (4,926) | — | — | — | (2,332) | — | — | 2,332 | — |
| Preferred stock dividend | — | — | — | — | — | — | (2,069) | — | — | — | (2,069) |
| Adjustment of preferred stock to redemption value | — | — | — | — | — | — | (62,660) | — | — | — | (62,660) |
| Vesting of Class B shares | — | — | 10 | — | — | — | — | — | — | — | — |
| Issuance of Class A common stock under stock-based compensation plans, net of shares withheld for taxes | 402 | — | — | — | — | — | (7,935) | — | — | — | (7,935) |
| Deemed contribution from redemption of preferred stock | — | — | — | — | — | — | — | — | 12,679 | — | 12,679 |
| Liability-classified restricted stock units vested | — | — | — | — | — | — | 2,250 | — | — | — | 2,250 |
| Loan to shareholder and accumulated interest | — | — | — | — | — | — | — | (3,587) | — | — | (3,587) |
| Balance at March 31, 2023 | 32,899 | 3 | 16,731 | 2 | 75 | (1,697) | 438,038 | (19,956) | (639,207) | (55,934) | (278,751) |
| Equity-based compensation | — | — | — | — | — | — | 5,608 | — | — | 3 | 5,611 |
| Net income | — | — | — | — | — | — | — | — | 18,379 | 9,145 | 27,524 |
| Conversion of Class B shares to Class A shares | 141 | — | (141) | — | — | — | (1,332) | — | — | 1,332 | — |
| Preferred stock dividend | — | — | — | — | — | — | (1,857) | — | — | — | (1,857) |
| Adjustment of preferred stock to redemption value | — | — | — | — | — | — | 45,551 | — | — | — | 45,551 |
| Vesting of Class B shares | — | — | 2 | — | — | — | — | — | — | — | — |
| Issuance of Class A common stock under stock-based compensation plans, net of shares withheld for taxes | 180 | — | — | — | — | — | (176) | — | — | — | (176) |
| Loan to shareholder and accumulated interest | — | — | — | — | — | — | — | (1,683) | — | — | (1,683) |
| Receivable from shareholder arising from the Rumble studios acquisition | — | — | — | — | — | — | — | (1,450) | — | — | (1,450) |
| Consideration related to the Rumble studios acquisition | — | — | — | — | — | — | — | 1 | — | — | 1 |
| Payment received from shareholder | — | — | — | — | — | — | — | 1,290 | — | — | 1,290 |
| Distributions paid to Pre-IPO LLC Members | — | — | — | — | — | — | — | — | — | (532) | (532) |
| Balance at June 30, 2023 | 33,220 | $3 | 16,592 | $2 | 75 | $(1,697) | $485,832 | $(21,798) | $(620,828) | $(45,986) | $(204,472) |
The text of this filing, as the company filed it with the SEC, without its images or exhibits. This is not investment advice.