JAKKS PACIFIC INC
For the period ended Sep 30, 2024. Filed Nov 8, 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 8, 2024
JAKK$35.56+5.7%Stored close · as of Nov 9, 2026
Extracted filing text, with the paragraph anchors used by the comparison.
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Condensed Consolidated Balance Sheets
(In thousands, except share amounts)
| Assets | September 30, | December 31, |
|---|---|---|
| 2024 | 2023 | |
| (Unaudited) | ||
| Current assets | ||
| Cash and cash equivalents | $22,070 | $72,350 |
| Restricted cash | 214 | 204 |
| Accounts receivable, net of allowance for credit losses of $5,400 and $3,743 at September 30, 2024 and December 31, 2023, respectively | 290,424 | 123,797 |
| Inventory | 63,509 | 52,647 |
| Prepaid expenses and other assets | 8,082 | 6,374 |
| Total current assets | 384,299 | 255,372 |
| Property and equipment | ||
| Office furniture and equipment | 9,906 | 8,852 |
| Molds and tooling | 127,222 | 120,396 |
| Leasehold improvements | 6,944 | 6,708 |
| Total | 144,072 | 135,956 |
| Less accumulated depreciation and amortization | 128,947 | 121,357 |
| Property and equipment, net | 15,125 | 14,599 |
| Operating lease right-of-use assets, net | 19,242 | 23,592 |
| Other long-term assets | 1,923 | 2,162 |
| Deferred income tax assets, net | 68,187 | 68,143 |
| Goodwill | 35,102 | 35,083 |
| Total assets | $523,878 | $398,951 |
| Liabilities, Preferred Stock and Stockholders' Equity | ||
| Current liabilities | ||
| Accounts payable | $98,928 | $42,177 |
| Accounts payable - Meisheng (related party) | 35,011 | 12,259 |
| Accrued expenses | 71,748 | 45,102 |
| Reserve for sales returns and allowances | 40,837 | 38,531 |
| Income taxes payable | — | 3,785 |
| Short-term operating lease liabilities | 7,405 | 7,380 |
| Total current liabilities | 253,929 | 149,234 |
| Long-term operating lease liabilities | 14,536 | 16,666 |
| Accrued expenses – long-term | 1,824 | 3,746 |
| Preferred stock derivative liability | — | 29,947 |
| Income taxes payable | 3,523 | 3,245 |
| Total liabilities | 273,812 | 202,838 |
| Preferred stock accrued dividends, $0.001 par value; 5,000,000 shares authorized; nil and 200,000 shares issued and outstanding at September 30, 2024 and December 31, 2023, respectively | — | 5,992 |
| Stockholders' Equity | ||
| Common stock, $0.001 par value; 100,000,000 shares authorized; 10,990,337 and 10,096,197 shares issued and outstanding at September 30, 2024 and December 31, 2023, respectively | 11 | 10 |
| Additional paid-in capital | 295,400 | 278,642 |
| Accumulated deficit | (30,579) | (73,612) |
| Accumulated other comprehensive loss | (15,266) | (15,627) |
| Total JAKKS Pacific, Inc. stockholders' equity | 249,566 | 189,413 |
| Non-controlling interests | 500 | 708 |
| Total stockholders' equity | 250,066 | 190,121 |
| Total liabilities, preferred stock and stockholders' equity | $523,878 | $398,951 |
The text of this filing, as the company filed it with the SEC, without its images or exhibits. This is not investment advice.