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 Statements of Operations
| Years ended December 31, | ||
|---|---|---|
| 2024 | 2023 | |
| Net sales | $190,288 | $226,581 |
| Cost of goods sold | 158,155 | 188,969 |
| Gross profit | 32,133 | 37,612 |
| Operating expenses: | ||
| Selling, general and administrative | 72,794 | 87,314 |
| Loss on asset disposition | 11,520 | — |
| Loss from operations | (52,181) | (49,702) |
| Interest expense | (15,237) | (15,442) |
| Other income, net | 1,570 | 118 |
| Loss before tax | (65,848) | (65,026) |
| Income tax (expense) benefit | (869) | 213 |
| Net loss | $(66,717) | $(64,813) |
| Net loss per share(1): | ||
| Basic | $(14.51) | $(14.24) |
| Diluted | $(14.51) | $(14.24) |
| Weighted-average shares of common stock outstanding(1): | ||
| Basic | 4,598,640 | 4,550,836 |
| Diluted | 4,598,640 | 4,550,836 |
| (1) Net loss per share and Weighted-average shares of common stock outstanding amounts have been adjusted to give retroactive effect to the 1-for-10 reverse stock split effected on February 12, 2025. | ||
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