HYDROFARM HOLDINGS GROUP INC
For the period ended Dec 31, 2024. Filed Mar 5, 2025.
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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.
FY2024 · Filed Mar 5, 2025
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 Balance Sheets
| December 31, | ||
|---|---|---|
| 2024 | 2023 | |
| Assets | ||
| Current assets: | ||
| Cash and cash equivalents | $26,111 | $30,312 |
| Accounts receivable, net | 14,756 | 16,890 |
| Inventories | 50,633 | 75,354 |
| Prepaid expenses and other current assets | 3,712 | 5,510 |
| Total current assets | 95,212 | 128,066 |
| Property, plant and equipment, net | 37,545 | 47,360 |
| Operating lease right-of-use assets | 42,869 | 54,494 |
| Intangible assets, net | 249,002 | 275,881 |
| Other assets | 1,476 | 1,842 |
| Total assets | $426,104 | $507,643 |
| Liabilities and stockholders’ equity | ||
| Current liabilities: | ||
| Accounts payable | $12,279 | $12,613 |
| Accrued expenses and other current liabilities | 10,647 | 9,529 |
| Deferred revenue | 2,611 | 3,231 |
| Current portion of operating lease liabilities | 7,731 | 8,336 |
| Current portion of finance lease liabilities | 459 | 954 |
| Current portion of long-term debt | 1,260 | 2,989 |
| Total current liabilities | 34,987 | 37,652 |
| Long-term operating lease liabilities | 37,553 | 47,506 |
| Long-term finance lease liabilities | 7,830 | 8,734 |
| Long-term debt | 114,693 | 115,412 |
| Deferred tax liabilities | 3,047 | 3,232 |
| Other long-term liabilities | 4,272 | 4,497 |
| Total liabilities | 202,382 | 217,033 |
| Commitments and contingencies (Note 14) | ||
| Stockholders’ equity | ||
| Common stock ($0.0001 par value; 300,000,000 shares authorized; 4,614,279 and 4,578,841 shares issued and outstanding at December 31, 2024, and December 31, 2023, respectively, giving retroactive effect to the 1-10 reverse split effected on February 12, 2025) | — | — |
| Additional paid-in capital | 790,094 | 787,851 |
| Accumulated other comprehensive loss | (8,911) | (6,497) |
| Accumulated deficit | (557,461) | (490,744) |
| Total stockholders’ equity | 223,722 | 290,610 |
| Total liabilities and stockholders’ equity | $426,104 | $507,643 |
The text of this filing, as the company filed it with the SEC, without its images or exhibits. This is not investment advice.