Holley Inc
For the period ended Dec 31, 2023. Filed Mar 14, 2024.
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FY2023 · Filed Mar 14, 2024
HLLY$2.61+24.3%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
| December 31, | ||
|---|---|---|
| 2023 | 2022 | |
| ASSETS | ||
| Cash and cash equivalents | $41,081 | $26,150 |
| Accounts receivable, less allowance for credit losses of $1,577 and $1,550, respectively | 48,360 | 47,083 |
| Inventory | 192,260 | 233,573 |
| Prepaids and other current assets | 15,665 | 18,157 |
| Total current assets | 297,366 | 324,963 |
| Property, plant, and equipment, net | 47,206 | 52,181 |
| Goodwill | 419,056 | 418,121 |
| Other intangibles assets, net | 410,465 | 424,855 |
| Right-of-use assets | 29,250 | 29,522 |
| Total assets | $1,203,343 | $1,249,642 |
| LIABILITIES AND STOCKHOLDERS' EQUITY | ||
| Accounts payable | $43,692 | $44,948 |
| Accrued interest | 455 | 5,994 |
| Accrued liabilities | 42,129 | 43,317 |
| Current portion of long-term debt | 7,461 | 7,000 |
| Total current liabilities | 93,737 | 101,259 |
| Long-term debt, net of current portion | 576,710 | 643,563 |
| Warrant liability | 8,383 | 4,272 |
| Earn-out liability | 3,479 | 1,176 |
| Deferred taxes | 53,542 | 58,390 |
| Other noncurrent liabilities | 26,341 | 24,992 |
| Total liabilities | 762,192 | 833,652 |
| Commitments and contingencies (Refer to Note 19 - Commitments and Contingencies) | ||
| Stockholders' equity: | ||
| Preferred stock, $0.0001 par value, 5,000,000 shares authorized, none issued and outstanding on December 31, 2023 and December 31, 2022 | — | — |
| Common stock, $0.0001 par value, 550,000,000 shares authorized, 117,707,280 and 117,147,997 shares issued and outstanding on December 31, 2023 and December 31, 2022, respectively | 12 | 12 |
| Additional paid-in capital | 373,869 | 368,122 |
| Accumulated other comprehensive loss | (710) | (944) |
| Retained earnings | 67,980 | 48,800 |
| Total stockholders' equity | 441,151 | 415,990 |
| Total liabilities and stockholders' equity | $1,203,343 | $1,249,642 |
The text of this filing, as the company filed it with the SEC, without its images or exhibits. This is not investment advice.