GrowGeneration Corp
For the period ended Dec 31, 2024. Filed Mar 13, 2025.
View on SEC.govAbout 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 Mar 13, 2025
GRWG$1.51-3.8%Stored close · as of Nov 10, 2026
Extracted filing text, with the paragraph anchors used by the comparison.
See the whole filing, with its images and exhibitsContents
Consolidated Balance Sheets as of December 31, 202 and
(in thousands, except shares)
| December 31,2024 | December 31,2023 | |
|---|---|---|
| ASSETS | ||
| Current assets: | ||
| Cash and cash equivalents | $27,471 | $29,757 |
| Marketable securities | 28,984 | 35,212 |
| Accounts receivable, net of allowance for credit losses of $2,177 and $1,363 at December 31, 2024 and 2023, respectively | 7,361 | 8,895 |
| Notes receivable, current, net of allowance for credit losses of $— and $1,732 at December 31, 2024 and 2023, respectively | 1,056 | 193 |
| Inventory | 40,295 | 64,905 |
| Prepaid income taxes | 145 | 516 |
| Prepaid and other current assets | 7,896 | 7,973 |
| Total current assets | 113,208 | 147,451 |
| Property and equipment, net | 15,493 | 27,052 |
| Operating leases right-of-use assets, net | 34,453 | 39,933 |
| Notes receivable, long-term | — | 106 |
| Intangible assets, net | 8,779 | 16,180 |
| Goodwill | 1,605 | 7,525 |
| Other assets | 814 | 843 |
| TOTAL ASSETS | $174,352 | $239,090 |
| LIABILITIES & STOCKHOLDERS’ EQUITY | ||
| Current liabilities: | ||
| Accounts payable | 8,146 | 11,666 |
| Accrued liabilities | 2,358 | 2,530 |
| Payroll and payroll tax liabilities | 2,655 | 2,169 |
| Customer deposits | 2,404 | 5,359 |
| Sales tax payable | 1,313 | 1,185 |
| Current maturities of operating lease liabilities | 7,398 | 8,021 |
| Total current liabilities | 24,274 | 30,930 |
| Operating lease liabilities, net of current maturities | 29,633 | 34,448 |
| Other long-term liabilities | 352 | 317 |
| Total liabilities | $54,259 | $65,695 |
| Commitments and contingencies (Note 16) | ||
| Stockholders’ Equity: | ||
| Common stock; $.001 par value; 100,000,000 shares authorized; 59,402,628 and 61,483,762 shares issued and outstanding as of December 31, 2024 and 2023, respectively | 59 | 61 |
| Additional paid-in capital | 375,677 | 373,433 |
| Accumulated deficit | (255,643) | (200,099) |
| Total stockholders’ equity | 120,093 | 173,395 |
| TOTAL LIABILITIES AND STOCKHOLDERS’ EQUITY | $174,352 | $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.