Beachbody Company Inc
For the period ended Jun 30, 2024. Filed Aug 6, 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 6, 2024
BODI$4.51+6.1%Stored close · as of Nov 9, 2026
Extracted filing text, with the paragraph anchors used by the comparison.
See the whole filing, with its images and exhibitsContents
Condensed Consolidated Balance Sheets
(in thousands, except share and per share data)
| June 30, | December 31, | |
|---|---|---|
| 2024 | 2023 | |
| (unaudited) | ||
| Assets | ||
| Current assets: | ||
| Cash and cash equivalents (restricted cash of $0.1 million at June 30, 2024 and December 31, 2023, respectively) | $32,327 | $33,409 |
| Restricted short-term investments | 4,250 | 4,250 |
| Inventory | 23,782 | 24,976 |
| Prepaid expenses | 7,537 | 10,715 |
| Other current assets | 35,516 | 45,923 |
| Total current assets | 103,412 | 119,273 |
| Property and equipment, net | 31,991 | 45,055 |
| Content assets, net | 16,902 | 21,359 |
| Goodwill | 85,166 | 85,166 |
| Right-of-use assets, net | 3,335 | 3,063 |
| Other assets | 4,153 | 2,923 |
| Total assets | $244,959 | $276,839 |
| Liabilities and Stockholders’ Equity | ||
| Current liabilities: | ||
| Accounts payable | $12,772 | $10,659 |
| Accrued expenses | 36,299 | 42,147 |
| Deferred revenue | 91,864 | 97,169 |
| Current portion of lease liabilities | 1,514 | 1,835 |
| Current portion of Term Loan | 2,188 | 8,068 |
| Other current liabilities | 1,950 | 5,325 |
| Total current liabilities | 146,587 | 165,203 |
| Term Loan | 19,271 | 21,491 |
| Long-term lease liabilities, net | 2,048 | 1,425 |
| Deferred tax liabilities | — | 10 |
| Other liabilities | 10,294 | 5,950 |
| Total liabilities | 178,200 | 194,079 |
| Stockholders’ equity: | ||
| Preferred stock, $0.0001 par value; 100,000,000 shares authorized, none issued and outstanding at June 30, 2024 and December 31, 2023 | — | — |
| Common stock, $0.0001 par value, 1,900,000,000 shares authorized (1,600,000,000 Class A, 200,000,000 Class X and 100,000,000 Class C); | ||
| Class A: 4,185,924 and 3,978,356 shares issued and outstanding at June 30, 2024 and December 31, 2023, respectively; | 1 | 1 |
| Class X: 2,729,003 shares issued and outstanding at June 30, 2024 and December 31, 2023, respectively; | 1 | 1 |
| Class C: no shares issued and outstanding at June 30, 2024 and December 31, 2023 | — | — |
| Additional paid-in capital | 663,703 | 654,657 |
| Accumulated deficit | (596,957) | (571,876) |
| Accumulated other comprehensive income (loss) | 11 | (23) |
| Total stockholders’ equity | 66,759 | 82,760 |
| Total liabilities and stockholders’ equity | $244,959 | $276,839 |
The text of this filing, as the company filed it with the SEC, without its images or exhibits. This is not investment advice.