Zevia PBC
For the period ended Sep 30, 2024. Filed Nov 6, 2024.
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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$1.49+9.6%Stored close · as of Nov 6, 2026
Extracted filing text, with the paragraph anchors used by the comparison.
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Condensed Consolidated Financial Statements (Unaudited)Condensed Consolidated Balance Sheets (Unaudited)
CONDENSED CONSOLIDATED BALANCE SHEETS (Unaudited)
| (in thousands, except share and per share amounts) | September 30, 2024 | December 31, 2023 |
|---|---|---|
| ASSETS | ||
| Current assets: | ||
| Cash and cash equivalents | $32,688 | $31,955 |
| Accounts receivable, net | 10,008 | 11,119 |
| Inventories | 20,690 | 34,550 |
| Prepaid expenses and other current assets | 2,676 | 5,063 |
| Total current assets | 66,062 | 82,687 |
| Property and equipment, net | 1,490 | 2,109 |
| Right-of-use assets under operating leases, net | 1,509 | 1,959 |
| Intangible assets, net | 3,276 | 3,523 |
| Other non-current assets | 522 | 579 |
| Total assets | $72,859 | $90,857 |
| LIABILITIES AND EQUITY | ||
| Current liabilities: | ||
| Accounts payable | $14,865 | $21,169 |
| Accrued expenses and other current liabilities | 7,700 | 5,973 |
| Current portion of operating lease liabilities | 629 | 575 |
| Total current liabilities | 23,194 | 27,717 |
| Operating lease liabilities, net of current portion | 892 | 1,373 |
| Other non-current liabilities | 58 | — |
| Total liabilities | 24,144 | 29,090 |
| Commitments and contingencies (Note 9) | ||
| Stockholders’ equity | ||
| Preferred Stock, $0.001 par value. 10,000,000 shares authorized, no shares issued and outstanding as of September 30, 2024 and December 31, 2023. | — | — |
| Class A common stock, $0.001 par value. 550,000,000 shares authorized, 59,853,556 and 54,220,017 shares issued and outstanding as of September 30, 2024 and December 31, 2023, respectively. | 60 | 54 |
| Class B common stock, $0.001 par value. 250,000,000 shares authorized, 13,101,213 and 17,283,177 shares issued and outstanding as of September 30, 2024 and December 31, 2023, respectively. | 13 | 17 |
| Additional paid-in capital | 188,014 | 191,144 |
| Accumulated deficit | (115,579) | (101,337) |
| Total Zevia PBC stockholders’ equity | 72,508 | 89,878 |
| Noncontrolling interests | (23,793) | (28,111) |
| Total equity | 48,715 | 61,767 |
| Total liabilities and equity | $72,859 | $90,857 |
The text of this filing, as the company filed it with the SEC, without its images or exhibits. This is not investment advice.