Zevia PBC

For the period ended Sep 30, 2024. Filed Nov 6, 2024.

About 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.

Sep 30, 2024 · Filed Nov 6, 2024

ZVIA$1.09-14.8%Stored close · as of Nov 10, 2026

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Contents

Condensed Consolidated Statements of Operations and Comprehensive Loss (Unaudited)

	Three Months Ended September 30,		Nine Months Ended September 30,
(in thousands, except share and per share amounts)	2024	2023	2024	2023
Net sales	$36,366	$43,089	$115,591	$128,630
Cost of goods sold	18,516	23,517	63,080	69,261
Gross profit	17,850	19,572	52,511	59,369
Operating expenses:
Selling and marketing	11,981	20,455	40,673	48,467
General and administrative	7,377	8,250	23,186	23,102
Equity-based compensation	1,034	1,876	3,950	6,614
Depreciation and amortization	310	411	1,041	1,234
Restructuring	112	—	977	—
Total operating expenses	20,814	30,992	69,827	79,417
Loss from operations	(2,964)	(11,420)	(17,316)	(20,048)
Other income, net	118	165	357	908
Loss before income taxes	(2,846)	(11,255)	(16,959)	(19,140)
(Benefit) provision for income taxes	(4)	(5)	43	31
Net loss and comprehensive loss	(2,842)	(11,250)	(17,002)	(19,171)
Loss attributable to noncontrolling interest	315	3,033	2,760	4,932
Net loss attributable to Zevia PBC	$(2,527)	$(8,217)	$(14,242)	$(14,239)
Net loss per share attributable to common stockholders
Basic	$(0.04)	$(0.16)	$(0.25)	$(0.27)
Diluted	$(0.04)	$(0.16)	$(0.25)	$(0.27)
Weighted average common shares outstanding
Basic	59,490,258	50,754,470	58,037,780	50,074,992
Diluted	59,490,258	50,754,470	58,037,780	50,074,992

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.