Zevia PBC
For the period ended Jun 30, 2025. Filed Aug 6, 2025.
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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.
Jun 30, 2025 · Filed Aug 6, 2025
ZVIA$1.09-14.8%Stored close · as of Nov 10, 2026
Extracted filing text, with the paragraph anchors used by the comparison.
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Item 1. Condensed Consolidated Statements of Cash Flows (Unaudited)
CONDENSED CONSOLIDATED STATEMENTS OF CASH FLOWS (Unaudited)
| Six Months Ended June 30, | ||
|---|---|---|
| (in thousands) | 2025 | 2024 |
| Operating activities: | ||
| Net loss | $(7,022) | $(14,160) |
| Adjustments to reconcile net loss to net cash used in operating activities: | ||
| Non-cash lease expense | 275 | 297 |
| Depreciation and amortization | 488 | 731 |
| Loss (gain) on disposal of property, equipment and software, net | 8 | (9) |
| Amortization of debt issuance cost | 38 | 38 |
| Equity-based compensation | 1,713 | 2,916 |
| Changes in operating assets and liabilities: | ||
| Accounts receivable, net | (2,325) | (232) |
| Inventories | 2,878 | 12,296 |
| Prepaid expenses and other assets | 90 | 2,111 |
| Accounts payable | (1,000) | (9,109) |
| Accrued expenses and other current liabilities | 772 | 2,483 |
| Operating lease liabilities | (227) | (282) |
| Net cash used in operating activities | (4,312) | (2,920) |
| Investing activities: | ||
| Purchases of property, equipment and software | (45) | (93) |
| Net cash used in investing activities | (45) | (93) |
| Financing activities: | ||
| Proceeds from revolving line of credit | — | 8,000 |
| Repayment of revolving line of credit | — | (8,000) |
| Proceeds from exercise of stock options | 59 | — |
| Financing costs paid | (54) | — |
| Net cash provided by financing activities | 5 | — |
| Net change from operating, investing, and financing activities | (4,352) | (3,013) |
| Cash and cash equivalents at beginning of period | 30,653 | 31,955 |
| Cash and cash equivalents at end of period | $26,301 | $28,942 |
| Non-cash investing and financing activities | ||
| Capital expenditures included in accounts payable | $69 | $81 |
| Financing costs included in accounts payable and accrued expenses and other current liabilities | $136 | $— |
| Conversion of Class B common stock to Class A common stock | $7,709 | $6,089 |
| Supplemental Disclosure of Cash Flow Information: | ||
| Cash paid for interest | $27 | $47 |
| Cash paid for income taxes | $22 | $79 |
The accompannying notes are an integral part of these condensed consolidated financial statements.
The text of this filing, as the company filed it with the SEC, without its images or exhibits. This is not investment advice.