HYDROFARM HOLDINGS GROUP INC
For the period ended Dec 31, 2023. Filed Feb 29, 2024.
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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.
FY2023 · Filed Feb 29, 2024
HYFM$0.77-5.7%Stored close · as of Nov 9, 2026
Extracted filing text, with the paragraph anchors used by the comparison.
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Consolidated Statements of Operations
| Years ended December 31, | ||
|---|---|---|
| 2023 | 2022 | |
| Net sales | $226,581 | $344,501 |
| Cost of goods sold | 188,969 | 315,165 |
| Gross profit | 37,612 | 29,336 |
| Operating expenses: | ||
| Selling, general and administrative | 87,314 | 118,604 |
| Impairments | — | 192,328 |
| Loss from operations | (49,702) | (281,596) |
| Interest expense | (15,442) | (10,958) |
| Other income, net | 118 | 696 |
| Loss before tax | (65,026) | (291,858) |
| Income tax benefit | 213 | 6,443 |
| Net loss | $(64,813) | $(285,415) |
| Net loss per share: | ||
| Basic | $(1.42) | $(6.35) |
| Diluted | $(1.42) | $(6.35) |
| Weighted-average shares of common stock outstanding: | ||
| Basic | 45,508,363 | 44,974,856 |
| Diluted | 45,508,363 | 44,974,856 |
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