Lulu's Fashion Lounge Holdings, Inc.
For the period ended Mar 30, 2025. Filed May 14, 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.
Mar 30, 2025 · Filed May 14, 2025
LVLU$10.58+1.1%Stored close · as of Nov 6, 2026
Extracted filing text, with the paragraph anchors used by the comparison.
See the whole filing, with its images and exhibitsContents
Condensed Consolidated Balance Sheets
(in thousands, except share and per share amounts)
| | | | | | | |
|---|---|---|---|---|---|---|
| · March 30, · December 29, | ||||||
| · · 2025 · · 2024 | ||||||
| Assets | | | | | | |
| Current assets: · · | ||||||
| Cash and cash equivalents | | $8,616 | | $4,460 | ||
| Accounts receivable | | 4,125 | | 2,158 | ||
| Inventory, net | | 39,668 | | 34,036 | ||
| Assets for recovery | | 5,019 | | 2,383 | ||
| Income tax refund receivable, net | | 1,160 | | 4,177 | ||
| Prepaids and other current assets | | 4,139 | | 4,287 | ||
| Total current assets | | 62,727 | | 51,501 | ||
| Property and equipment, net | | 3,420 | | 3,642 | ||
| Goodwill | | 7,056 | | 7,056 | ||
| Tradename | | 18,509 | | 18,509 | ||
| Intangible assets, net | | 2,714 | | 2,762 | ||
| Lease right-of-use assets | | | 19,224 | | | 24,030 |
| Other noncurrent assets | | 691 | | 698 | ||
| Total assets | | $114,341 | | $108,198 | ||
| | | | | | | |
| Liabilities and Stockholders' Equity | | | ||||
| Current liabilities: | | | ||||
| Accounts payable | | $10,271 | | $10,991 | ||
| Accrued expenses and other current liabilities | | 28,254 | | 15,985 | ||
| Returns reserve | | 17,698 | | 9,765 | ||
| Stored-value card liability | | 19,012 | | 17,883 | ||
| Revolving line of credit | | | 10,090 | | | 13,090 |
| Lease liabilities, current | | | 6,426 | | | 6,611 |
| Total current liabilities | | 91,751 | | 74,325 | ||
| Lease liabilities, noncurrent | | | 15,170 | | | 19,653 |
| Other noncurrent liabilities | | 868 | | 852 | ||
| Total liabilities | | 107,789 | | 94,830 | ||
| Commitments and Contingencies (Note 7) | | | ||||
| | | | | | | |
| Stockholders' equity: | | | | | ||
| Preferred stock: $0.001 par value, 10,000,000 shares authorized, and no shares issued or outstanding | | — | | — | ||
| Common stock: $0.001 par value, 250,000,000 shares authorized; 42,780,686 and 42,068,124 shares issued and outstanding as of March 30, 2025 and December 29, 2024, respectively | | 43 | | 42 | ||
| Additional paid-in capital | | 263,733 | | 262,313 | ||
| Accumulated deficit | | (256,489) | | (248,491) | ||
| Treasury stock, at cost, 581,389 shares and 339,321 shares as of March 30, 2025 and December 29, 2024, respectively | | | (735) | | | (496) |
| Total stockholders' equity | | 6,552 | | 13,368 | ||
| Total liabilities and stockholders' equity | | $114,341 | | $108,198 | ||
The text of this filing, as the company filed it with the SEC, without its images or exhibits. This is not investment advice.