Lulu's Fashion Lounge Holdings, Inc.

For the period ended Mar 29, 2026. Filed May 13, 2026.

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.

Mar 29, 2026 · Filed May 13, 2026

LVLU$10.78+1.9%Stored close · as of Nov 9, 2026

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Contents

Condensed Consolidated Balance Sheets

(in thousands, except share and per share amounts)


· · March 29, · · December 28,
· · 2026 · · 2025
Assets
Current assets: · · · ·
Cash and cash equivalents	$7,439	$2,661
Accounts receivable	6,319	1,712
Inventory, net	33,080	32,444
Assets for recovery	4,406	2,197
Income tax refund receivable, net	210	1,028
Prepaids and other current assets	4,092	3,606
Total current assets	55,546	43,648
Property and equipment, net	2,070	2,311
Goodwill	7,056	7,056
Tradename	18,509	18,509
Intangible assets, net	2,607	2,680
Lease right-of-use assets	14,130	14,521
Other noncurrent assets	567	639
Total assets	$100,485	$89,364

Liabilities and Stockholders' Equity (Deficit)
Current liabilities:
Accounts payable	$7,771	$8,340
Accrued expenses and other current liabilities	28,744	17,411
Returns reserve	15,811	10,289
Stored-value card liability	18,113	18,231
Asset Based Revolving Credit Facility – current	13,328	14,390
Lease liabilities, current	6,986	6,402
Total current liabilities	90,753	75,063
Lease liabilities, noncurrent	9,220	10,389
Other noncurrent liabilities	1,037	898
Total liabilities	101,010	86,350
Commitments and Contingencies (Note 7)

Stockholders' equity (deficit):
Preferred stock: $0.001 par value, 10,000,000 shares authorized, and no shares issued or outstanding	—	—
Common stock: $0.001 par value, 250,000,000 shares authorized; 3,003,494 and 2,971,729 shares issued and outstanding as of March 29, 2026 and December 28, 2025, respectively(1)	43	43
Additional paid-in capital	267,108	266,557
Accumulated deficit	(266,294)	(262,204)
Treasury stock, at cost, 146,555 shares outstanding as of March 29, 2026 and December 28, 2025(1)	(1,382)	(1,382)
Total stockholders' equity (deficit)	(525)	3,014
Total liabilities and stockholders' equity (deficit)	$100,485	$89,364

(1)	Shares have been adjusted to reflect the 1-for-15 reverse stock split that became effective as of the opening of business on July 7, 2025. Refer to Note 8, Stockholders’ Equity (Deficit) in the accompanying Notes to the Condensed Consolidated Financial Statements for additional details.

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The text of this filing, as the company filed it with the SEC, without its images or exhibits. This is not investment advice.