Playboy, Inc.
For the period ended Sep 30, 2026. Filed Nov 5, 2026.
View on SEC.govAbout this filing
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, 2026 · Filed Nov 5, 2026
PLBY$1.27+4.1%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
Condensed Consolidated Statements of Cash Flows
(Unaudited; in thousands)
| Nine Months EndedSeptember 30, | ||
|---|---|---|
| 2026 | 2025 | |
| Cash Flows From Operating Activities | ||
| Net loss | $(1,901) | $(16,260) |
| Adjustments to reconcile net loss to net cash used in operating activities: | ||
| Depreciation and amortization | 2,381 | 2,329 |
| Stock-based compensation | 5,878 | 3,502 |
| Amortization of debt premium, net and issuance costs | (4,498) | (7,015) |
| Accretion of interest on a stock repurchase liability | 409 | — |
| Impairments | — | 2,087 |
| Amortization of right-of-use assets | 4,024 | 4,033 |
| Capitalized paid-in-kind interest | — | 7,235 |
| Deferred income taxes | (5) | 2,700 |
| Unrealized foreign currency gain | (1,459) | (1,321) |
| Other, net | (224) | 732 |
| Changes in operating assets and liabilities: | ||
| Receivables | (7,061) | 2,894 |
| Inventory | 1,305 | 2,097 |
| Prepaid expenses and other current assets | 283 | (3,121) |
| Contract assets | 1,706 | (244) |
| Accounts payable | (628) | (2,473) |
| Accrued agency fees and commissions | (64) | 1,904 |
| Deferred revenues | (3,914) | 7,695 |
| Operating lease liabilities | (5,569) | (5,040) |
| Other liabilities and accrued expenses | 1,700 | (2,439) |
| Other, net | 112 | (673) |
| Net cash used in operating activities | (7,525) | (1,378) |
| Cash Flows From Investing Activities | ||
| Proceeds from initial closing of new China joint venture | 15,003 | — |
| Purchases of property and equipment and intangibles | (1,187) | (746) |
| Proceeds from sale of artwork | 2 | 1,007 |
| Net cash provided by investing activities | 13,818 | 261 |
| Cash Flows From Financing Activities | ||
| Proceeds from sale of common stock, net | 5,543 | 254 |
| Payment of financing costs | (206) | — |
| Repayment of long-term debt | (15,000) | — |
| Noncontrolling interest capital contribution | 2,402 | — |
| Payment to repurchase shares pursuant to a stock repurchase agreement | (5,000) | — |
| Payment of tax withholding in connection with vested restricted stock units | (1,828) | — |
| Other | (183) | (351) |
| Net cash used in financing activities | (14,272) | (97) |
| Effect of exchange rate changes on cash, cash equivalents and restricted cash | 94 | 249 |
| Net decrease in cash and cash equivalents and restricted cash | (7,885) | (965) |
| Balance, beginning of year | $42,821 | $33,322 |
| Balance, end of period | $34,936 | $32,357 |
| Cash and cash equivalents and restricted cash consist of: | ||
| Cash and cash equivalents | $29,701 | $27,463 |
| Restricted cash | 5,235 | 4,894 |
| Total | $34,936 | $32,357 |
Condensed Consolidated Statements of Cash Flows (Continued)
(Unaudited; in thousands)
| Supplemental Disclosures | ||
|---|---|---|
| Cash paid for income taxes, net of refunds | $1,483 | $773 |
| Cash paid for interest | $7,868 | $8,801 |
| Supplemental Disclosure of Non-Cash Activities | ||
| Issuance of common stock in relation to the conversion of preferred stock | $— | $26,577 |
| Preferred stock accretion to redemption value | $— | $2,716 |
| Right-of-use assets in exchange for lease liabilities | $4,719 | $2,786 |
| Reduction in right-of-use assets in relation to a lease of a formerly disposed of business | $— | $870 |
| Reduction in right-of-use assets due to lease termination | $618 | $— |
| Noncontrolling interest capital contribution | $1,023 | $— |
| Tenant improvement allowance receivable recognized as a reduction of right-of-use assets | $1,639 | $— |
| Release of indemnity holdback shares | $297 | $— |
| Shares issued pursuant to a backstop agreement | $150 | $— |
| Liability recognized at inception pursuant to a stock repurchase agreement | $14,779 | $— |
| Purchases of property and equipment and intangibles | $946 | $— |
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