Vital Farms Inc
For the period ended Dec 29, 2024. Filed Feb 27, 2025.
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FY2024 · Filed Feb 27, 2025
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 29,2024 | December 31,2023 | |
|---|---|---|
| Assets | ||
| Current assets: | ||
| Cash and cash equivalents | $150,601 | $84,149 |
| Investment securities, available-for-sale | 9,692 | 32,667 |
| Accounts receivable, net of allowance for credit losses of $691 and $550 as of December 29, 2024 and December 31, 2023, respectively | 54,342 | 39,699 |
| Inventories | 23,666 | 32,895 |
| Prepaid expenses and other current assets, net of allowance for credit losses of $240 and $227 as of December 29, 2024 and December 31, 2023, respectively | 7,740 | 6,114 |
| Total current assets | 246,041 | 195,524 |
| Property, plant and equipment, net | 84,521 | 66,839 |
| Operating lease right-of-use assets | 19,617 | 8,911 |
| Goodwill and other assets | 9,153 | 3,904 |
| Total assets | $359,332 | $275,178 |
| Liabilities and Stockholders’ Equity | ||
| Current liabilities: | ||
| Accounts payable | $38,582 | $33,485 |
| Accrued liabilities | 31,328 | 24,218 |
| Operating lease liabilities, current | 3,849 | 3,057 |
| Finance lease liabilities, current | 3,932 | 3,255 |
| Income taxes payable | 838 | 1,206 |
| Total current liabilities | 78,529 | 65,221 |
| Operating lease liabilities, non-current | 2,918 | 5,771 |
| Finance lease liabilities, non-current | 8,011 | 10,481 |
| Other liabilities | 572 | 1,028 |
| Total liabilities | $90,030 | $82,501 |
| Commitments and contingencies (Note 20) | ||
| Stockholders’ equity: | ||
| Preferred stock, $0.0001 par value per share, 10,000,000 shares authorized as of December 29, 2024 and December 31, 2023; no shares issued and outstanding as of December 29, 2024 and December 31, 2023 | — | — |
| Common stock, $0.0001 par value per share, 310,000,000 shares authorized as of December 29, 2024 and December 31, 2023; 44,042,355 and 41,684,649 shares issued and outstanding as of December 29, 2024 and December 31, 2023, respectively | 4 | 4 |
| Additional paid-in capital | 186,182 | 163,325 |
| Retained earnings | 83,113 | 29,725 |
| Accumulated other comprehensive income (loss) | 3 | (377) |
| Total stockholders’ equity | $269,302 | $192,677 |
| Total liabilities and stockholders’ equity | $359,332 | $275,178 |
The text of this filing, as the company filed it with the SEC, without its images or exhibits. This is not investment advice.