Westrock Coffee Co

For the period ended Jun 30, 2024. Filed Aug 8, 2024.

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.

Jun 30, 2024 · Filed Aug 8, 2024

WEST$8.79-2.2%Stored close · as of Nov 9, 2026

Extracted filing text, with the paragraph anchors used by the comparison.

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Contents

Condensed Consolidated Statements of Shareholders’ Equity

CONDENSED CONSOLIDATED STATEMENTS OF SHAREHOLDERS’ EQUITY (DEFICIT)


· · · · · · · · · · · · · Accumulated · · · · · ·
· · · · · · · · · · Other · · · · · ·
· · Common Stock · · Additional · · Accumulated · · Comprehensive · · Non-Controlling · · Total
(Thousands) · Shares · Amount · Paid-in Capital · Deficit · Income (Loss) · Interest · Equity (Deficit)
Balance at March 31, 2023	75,628	$759	$345,840	$(332,383)	$(3,881)	$2,475	$12,810
Net income (loss)	—	—	—	(26,811)	—	—	(26,811)
Issuance of common shares related to purchase of non-controlling interest	100	1	474	—	—	(2,475)	(2,000)
Accretion of Series A Convertible Preferred Shares	—	—	87	—	—	—	87
Other comprehensive income (loss)	—	—	—	—	(658)	—	(658)
Equity-based compensation	—	—	2,310	—	—	—	2,310
Balance at June 30, 2023	75,728	$760	$348,711	$(359,194)	$(4,539)	$—	$(14,262)

Balance at March 31, 2024	88,282	$883	$473,064	$(386,297)	$4,034	$—	$91,684
Net income (loss)	—	—	—	(17,759)	—	—	(17,759)
Issuance of common shares related to "at-the-market" offering program, net of issuance costs	60	1	624	—	—	—	625
Issuance of common shares related to stock options exercised	1	—	12	—	—	—	12
Accretion of Series A Convertible Preferred Shares	—	—	87	—	—	—	87
Other comprehensive income (loss)	—	—	—	—	3,871	—	3,871
Equity-based compensation	23	—	3,025	—	—	—	3,025
Net share settlement of equity awards	—	—	(17)	—	—	—	(17)
Balance at June 30, 2024	88,366	$884	$476,795	$(404,056)	$7,905	$—	$81,528

CONDENSED CONSOLIDATED STATEMENTS OF SHAREHOLDERS’ EQUITY (DEFICIT)

(Unaudited) (continued)


· · · · · · · · · · · · · Accumulated · · · · · ·
· · · · · · · · · · Other · · · · · ·
· · Common Stock · · Additional · · Accumulated · · Comprehensive · · Non-Controlling · · Total
(Thousands) · Shares · Amount · Paid-in Capital · Deficit · Income (Loss) · Interest · Equity (Deficit)
Balance at December 31, 2022	75,020	$750	$342,664	$(328,042)	$(6,103)	$2,460	$11,729
Net income (loss)	—	—	—	(31,152)	—	15	(31,137)
Issuance of common shares related to acquisitions	40	2	444	—	—	—	446
Issuance of common shares related to Public Warrant exercise	229	2	3,142	—	—	—	3,144
Issuance of common shares related to stock options exercised	6	1	62	—	—	—	63
Issuance of common shares related to conversion of Series A Convertible Preferred Shares	22	1	253	—	—	—	254
Issuance of common shares related to purchase of non-controlling interest	100	1	474	—	—	(2,475)	(2,000)
Accretion of Series A Convertible Preferred Shares	—	—	(341)	—	—	—	(341)
Other comprehensive income (loss)	—	—	—	—	1,564	—	1,564
Equity-based compensation	311	3	3,854	—	—	—	3,857
Net share settlement of equity awards	—	—	(1,841)	—	—	—	(1,841)
Balance at June 30, 2023	75,728	$760	$348,711	$(359,194)	$(4,539)	$—	$(14,262)

Balance at December 31, 2023	88,051	880	471,666	(362,624)	3,818	—	113,740
Net income (loss)	—	—	—	(41,432)	—	—	(41,432)
Issuance of common shares related to "at-the-market" offering program, net of issuance costs	60	1	624	—	—	—	625
Issuance of common shares related to stock options exercised	1	—	12	—	—	—	12
Accretion of Series A Convertible Preferred Shares	—	—	174	—	—	—	174
Other comprehensive income (loss)	—	—	—	—	4,087	—	4,087
Equity-based compensation	254	3	5,478	—	—	—	5,481
Net share settlement of equity awards	—	—	(1,159)	—	—	—	(1,159)
Balance at June 30, 2024	88,366	$884	$476,795	$(404,056)	$7,905	$—	$81,528

ContentsView on SEC.gov

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