Honest Company Inc
For the period ended Dec 31, 2024. Filed Feb 26, 2025.
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A company's yearly report to the SEC, with audited financial statements. It is the fullest account a company gives of its business, its finances and the risks it sees.
FY2024 · Filed Feb 26, 2025
HNST$5.17+10.7%Stored close · as of Nov 9, 2026
Extracted filing text, with the paragraph anchors used by the comparison.
See the whole filing, with its images and exhibitsContents
Consolidated Balance Sheets
(in thousands, except share and per share amounts)
| December 31, 2024 | December 31, 2023 | |
|---|---|---|
| Assets | ||
| Current assets | ||
| Cash and cash equivalents | $75,435 | $32,827 |
| Accounts receivable, net | 43,476 | 43,084 |
| Inventories | 85,266 | 73,490 |
| Prepaid expenses and other current assets | 9,741 | 8,371 |
| Total current assets | 213,918 | 157,772 |
| Operating lease right-of-use asset | 17,239 | 23,683 |
| Property and equipment, net | 11,394 | 13,486 |
| Goodwill | 2,230 | 2,230 |
| Intangible assets, net | 235 | 309 |
| Other assets | 2,377 | 4,141 |
| Total assets | $247,393 | $201,621 |
| Liabilities and Stockholders’ Equity | ||
| Current liabilities | ||
| Accounts payable | $22,807 | $22,289 |
| Accrued expenses | 35,869 | 32,209 |
| Deferred revenue | 1,213 | 2,212 |
| Total current liabilities | 59,889 | 56,710 |
| Long term liabilities | ||
| Operating lease liabilities, net of current portion | 13,197 | 21,738 |
| Other long-term liabilities | — | 34 |
| Total liabilities | 73,086 | 78,482 |
| Commitments and contingencies (Note 10) | ||
| Stockholders’ equity | ||
| Preferred stock, $0.0001 par value, 20,000,000 shares authorized at December 31, 2024 and 2023, none issued or outstanding as of December 31, 2024 and 2023 | — | — |
| Common stock, $0.0001 par value, 1,000,000,000 shares authorized at December 31, 2024 and 2023; 109,159,697 and 95,868,421 shares issued and outstanding as of December 31, 2024 and 2023, respectively | 11 | 9 |
| Additional paid-in capital | 659,488 | 602,198 |
| Accumulated deficit | (485,192) | (479,068) |
| Total stockholders’ equity | 174,307 | 123,139 |
| Total liabilities and stockholders’ equity | $247,393 | $201,621 |
The text of this filing, as the company filed it with the SEC, without its images or exhibits. This is not investment advice.