Sweetgreen Inc

For the period ended Dec 29, 2024. Filed Feb 27, 2025.

About 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 27, 2025

SG$13.36+11.2%Stored close · as of Nov 9, 2026

Extracted filing text, with the paragraph anchors used by the comparison.

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Contents

Consolidated Balance Sheets as of and

CONSOLIDATED BALANCE SHEETS

(in thousands, except share and per share amounts)

	December 29,2024	December 31,2023
ASSETS
Current assets:
Cash and cash equivalents	$214,789	$257,230
Accounts receivable	5,034	3,502
Inventory	1,987	2,069
Prepaid expenses	7,844	5,767
Current portion of lease acquisition costs	93	93
Other current assets	4,790	7,450
Total current assets	234,537	276,111
Operating lease assets	257,496	243,992
Property and equipment, net	296,485	266,902
Goodwill	35,970	35,970
Intangible assets, net	24,040	27,407
Security deposits	1,419	1,406
Lease acquisition costs, net	333	426
Restricted cash	2,640	125
Other assets	3,838	4,218
Total assets	$856,758	$856,557
LIABILITIES AND STOCKHOLDERS’ (DEFICIT) EQUITY
Current liabilities:
Current portion of operating lease liabilities	41,773	31,426
Accounts payable	18,698	17,380
Accrued expenses	26,564	20,845
Accrued payroll	14,716	13,131
Gift cards and loyalty liability	4,413	2,797
Other current liabilities	9,663	6,000
Total current liabilities	115,827	91,579
Operating lease liabilities, net of current portion	288,941	271,439
Contingent consideration liability	5,311	8,350
Other non-current liabilities	173	819
Deferred income tax liabilities	361	1,773
Total liabilities	$410,613	$373,960
COMMITMENTS AND CONTINGENCIES (Note 14)
Stockholders’ (deficit) equity:
Common stock, $0.001 par value, 2,000,000,000 Class A shares authorized, 105,200,553 and 99,700,052 Class A shares issued and outstanding as of December 29, 2024 and December 31, 2023, respectively; 300,000,000 Class B shares authorized and 11,915,758 and 12,939,094 Class B shares issued and outstanding as of December 29, 2024 and December 31, 2023, respectively.	117	113
Additional paid-in capital	1,321,386	1,267,469
Accumulated deficit	(875,358)	(784,985)
Total stockholders’ (deficit) equity	446,145	482,597
Total liabilities and stockholders’ (deficit) equity	$856,758	$856,557

ContentsView on SEC.gov

The text of this filing, as the company filed it with the SEC, without its images or exhibits. This is not investment advice.