GrowGeneration Corp
For the period ended Jun 30, 2024. Filed Aug 8, 2024.
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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.
Jun 30, 2024 · Filed Aug 8, 2024
GRWG$1.57+4.7%Stored close · as of Nov 9, 2026
Extracted filing text, with the paragraph anchors used by the comparison.
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Condensed Consolidated Balance Sheets
(Unaudited, in thousands, except shares)
| June 30,2024 | December 31,2023 | |
|---|---|---|
| ASSETS | ||
| Current assets: | ||
| Cash and cash equivalents | $27,578 | $29,757 |
| Marketable securities | 28,407 | 35,212 |
| Accounts receivable, net of allowance for credit losses of $1,361 and $1,363 at June 30, 2024 and December 31, 2023, respectively | 9,663 | 8,895 |
| Notes receivable, current, net of allowance for credit losses of $232 and $1,732 at June 30, 2024 and December 31, 2023, respectively | 838 | 193 |
| Inventory | 60,639 | 64,905 |
| Prepaid income taxes | 177 | 516 |
| Prepaid and other current assets | 7,284 | 7,973 |
| Total current assets | 134,586 | 147,451 |
| Property and equipment, net | 24,410 | 27,052 |
| Operating leases right-of-use assets, net | 38,984 | 39,933 |
| Notes receivable, long-term | — | 106 |
| Intangible assets, net | 12,827 | 16,180 |
| Goodwill | 7,525 | 7,525 |
| Other assets | 844 | 843 |
| TOTAL ASSETS | $219,176 | $239,090 |
| LIABILITIES & STOCKHOLDERS' EQUITY | ||
| Current liabilities: | ||
| Accounts payable | $12,702 | $11,666 |
| Accrued liabilities | 2,429 | 2,530 |
| Payroll and payroll tax liabilities | 2,224 | 2,169 |
| Customer deposits | 3,007 | 5,359 |
| Sales tax payable | 1,221 | 1,185 |
| Current maturities of operating lease liabilities | 7,632 | 8,021 |
| Total current liabilities | 29,215 | 30,930 |
| Operating lease liabilities, net of current maturities | 33,867 | 34,448 |
| Other long-term liabilities | 317 | 317 |
| Total liabilities | 63,399 | 65,695 |
| Commitments and contingencies (Note 13) | ||
| Stockholders' equity: | ||
| Common stock; $0.001 par value; 100,000,000 shares authorized, 60,888,432 and 61,483,762 shares issued as of June 30, 2024 and December 31, 2023, respectively | 61 | 61 |
| Treasury stock, 938,949 shares and zero shares at cost as of June 30, 2024 and December 31, 2023, respectively | (2,316) | — |
| Additional paid-in capital | 374,737 | 373,433 |
| Accumulated deficit | (216,705) | (200,099) |
| Total stockholders' equity | 155,777 | 173,395 |
| TOTAL LIABILITIES AND STOCKHOLDERS' EQUITY | $219,176 | $239,090 |
The text of this filing, as the company filed it with the SEC, without its images or exhibits. This is not investment advice.