Freshpet Inc
For the period ended Dec 31, 2024. Filed Feb 20, 2025.
View on SEC.govAbout this filing
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 20, 2025
FRPT$64.61-4.1%Stored close · as of Nov 10, 2026
Extracted filing text, with the paragraph anchors used by the comparison.
See the whole filing, with its images and exhibitsContents
Consolidated Balance Sheets as of December 31, 202 and
CONSOLIDATED BALANCE SHEETS
| December 31,2024 | December 31,2023 | |
|---|---|---|
| ASSETS | ||
| CURRENT ASSETS: | ||
| Cash and cash equivalents | $268,633 | $296,871 |
| Accounts receivable, net of allowance for doubtful accounts | 68,419 | 56,754 |
| Inventories, net | 80,794 | 63,238 |
| Prepaid expenses | 16,026 | 7,615 |
| Other current assets | 3,126 | 2,841 |
| Total Current Assets | 436,998 | 427,319 |
| Property, plant and equipment, net | 1,065,869 | 979,164 |
| Deposits on equipment | 1,047 | 1,895 |
| Operating lease right of use assets | 3,366 | 3,616 |
| Long term investment in equity securities | 33,446 | 23,528 |
| Other assets | 34,152 | 28,899 |
| Total Assets | $1,574,878 | $1,464,421 |
| LIABILITIES AND STOCKHOLDERS' EQUITY | ||
| CURRENT LIABILITIES: | ||
| Accounts payable | $39,164 | $36,096 |
| Accrued expenses | 56,263 | 49,816 |
| Current operating lease liabilities | 1,322 | 1,312 |
| Current finance lease liabilities | 2,120 | 1,998 |
| Total Current Liabilities | $98,869 | $89,222 |
| Convertible senior notes | 395,163 | 393,074 |
| Long term operating lease liabilities | 2,213 | 2,591 |
| Long term finance lease liabilities | 23,273 | 26,080 |
| Total Liabilities | $519,518 | $510,967 |
| Commitments and contingencies | — | — |
| STOCKHOLDERS' EQUITY: | ||
| Common stock — voting, $0.001 par value, 200,000 shares authorized, 48,716 issued and 48,702 outstanding on December 31, 2024, and 48,277 issued and 48,263 outstanding on December 31, 2023 | 49 | 48 |
| Additional paid-in capital | 1,338,160 | 1,282,984 |
| Accumulated deficit | (281,806) | (328,731) |
| Accumulated other comprehensive loss | (787) | (591) |
| Treasury stock, at cost — 14 shares on December 31, 2024 and on December 31, 2023 | (256) | (256) |
| Total Stockholders' Equity | 1,055,360 | 953,454 |
| Total Liabilities and Stockholders' Equity | $1,574,878 | $1,464,421 |
The text of this filing, as the company filed it with the SEC, without its images or exhibits. This is not investment advice.