biote Corp.
For the period ended Sep 30, 2025. Filed Nov 7, 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.
Sep 30, 2025 · Filed Nov 7, 2025
BTMD$1.11+4.7%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
| September 30, | December 31, | |
|---|---|---|
| 2025 | 2024 | |
| Assets | ||
| Current assets: | ||
| Cash and cash equivalents | $28,048 | $39,342 |
| Accounts receivable, net | 7,972 | 7,631 |
| Inventory, net | 16,446 | 14,845 |
| Other current assets | 4,657 | 6,309 |
| Total current assets | 57,123 | 68,127 |
| Property and equipment, net | 10,063 | 6,973 |
| Capitalized software, net | 3,494 | 3,877 |
| Goodwill | 5,833 | 5,833 |
| Intangible assets, net | 4,574 | 5,500 |
| Operating lease right-of-use assets | 2,841 | 3,246 |
| Deferred tax assets, net | 27,324 | 28,742 |
| Other non-current assets | 72 | 72 |
| Total assets | $111,324 | $122,370 |
| Liabilities and Stockholders’ Deficit | ||
| Current liabilities: | ||
| Accounts payable | $4,359 | $5,813 |
| Accrued expenses | 11,078 | 11,293 |
| Term loan, current | 6,250 | 6,250 |
| Deferred revenue, current | 3,165 | 2,961 |
| Earnout liabilities, current | — | 100 |
| Operating lease liabilities, current | 574 | 523 |
| Share repurchase liabilities, current | 30,882 | 24,574 |
| Total current liabilities | 56,308 | 51,514 |
| Term loan, net of current portion | 97,130 | 101,199 |
| Deferred revenue, net of current portion | 1,233 | 1,553 |
| Operating lease liabilities, net of current portion | 2,452 | 2,890 |
| Share repurchase liabilities, net of current portion | 9,579 | 44,300 |
| Other non-current liability | 344 | 1,500 |
| TRA liability | 4,386 | 4,479 |
| Earnout liabilities, net of current portion | 5,359 | 17,135 |
| Total liabilities | 176,791 | 224,570 |
| Commitments and contingencies (See Note 19) | ||
| Stockholders’ Deficit | ||
| Preferred stock, $0.0001 par value, 10,000,000 shares authorized; no shares issued or outstanding as of September 30, 2025 and December 31, 2024, respectively | — | — |
| Class A common stock, $0.0001 par value, 600,000,000 shares authorized; 32,268,460 and 33,073,277, shares issued, 30,680,960 and 31,485,777 shares outstanding as of September 30, 2025 and December 31, 2024, respectively | 3 | 3 |
| Class V voting stock, $0.0001 par value, 100,000,000 shares authorized; 7,249,879 and 7,249,879 shares issued, 5,221,653 and 5,221,653 shares outstanding as of September 30, 2025 and December 31, 2024, respectively | 1 | 1 |
| Additional paid-in capital | — | — |
| Accumulated deficit | (63,760) | (100,297) |
| Accumulated other comprehensive loss | (30) | (35) |
| Treasury stock, at cost | (8,965) | (5,600) |
| biote Corp.’s stockholders’ deficit | (72,751) | (105,928) |
| Noncontrolling interest | 7,284 | 3,728 |
| Total stockholders’ deficit | (65,467) | (102,200) |
| Total liabilities and stockholders’ deficit | $111,324 | $122,370 |
The text of this filing, as the company filed it with the SEC, without its images or exhibits. This is not investment advice.