GrowGeneration Corp
For the period ended Sep 30, 2024. Filed Nov 12, 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.
Sep 30, 2024 · Filed Nov 12, 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)
| September 30,2024 | December 31,2023 | |
|---|---|---|
| ASSETS | ||
| Current assets: | ||
| Cash and cash equivalents | $27,436 | $29,757 |
| Marketable securities | 27,787 | 35,212 |
| Accounts receivable, net of allowance for credit losses of $1,800 and $1,363 at September 30, 2024 and December 31, 2023, respectively | 10,324 | 8,895 |
| Notes receivable, current, net of allowance for credit losses of $— and $1,732 at September 30, 2024 and December 31, 2023, respectively | 1,106 | 193 |
| Inventory | 48,025 | 64,905 |
| Prepaid income taxes | 201 | 516 |
| Prepaid and other current assets | 7,688 | 7,973 |
| Total current assets | 122,567 | 147,451 |
| Property and equipment, net | 21,119 | 27,052 |
| Operating leases right-of-use assets, net | 36,453 | 39,933 |
| Notes receivable, long-term | — | 106 |
| Intangible assets, net | 11,152 | 16,180 |
| Goodwill | 7,525 | 7,525 |
| Other assets | 823 | 843 |
| TOTAL ASSETS | $199,639 | $239,090 |
| LIABILITIES & STOCKHOLDERS' EQUITY | ||
| Current liabilities: | ||
| Accounts payable | $8,183 | $11,666 |
| Accrued liabilities | 2,536 | 2,530 |
| Payroll and payroll tax liabilities | 2,354 | 2,169 |
| Customer deposits | 2,631 | 5,359 |
| Sales tax payable | 1,310 | 1,185 |
| Current maturities of operating lease liabilities | 7,523 | 8,021 |
| Total current liabilities | 24,537 | 30,930 |
| Operating lease liabilities, net of current maturities | 31,620 | 34,448 |
| Other long-term liabilities | 317 | 317 |
| Total liabilities | 56,474 | 65,695 |
| Commitments and contingencies (Note 13) | ||
| Stockholders' equity: | ||
| Common stock; $0.001 par value; 100,000,000 shares authorized, 59,242,200 and 61,483,762 shares issued and outstanding as of September 30, 2024 and December 31, 2023, respectively | 59 | 61 |
| Additional paid-in capital | 375,407 | 373,433 |
| Accumulated deficit | (232,301) | (200,099) |
| Total stockholders' equity | 143,165 | 173,395 |
| TOTAL LIABILITIES AND STOCKHOLDERS' EQUITY | $199,639 | $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.