Black Rock Coffee Bar, Inc.
For the period ended Sep 30, 2026. Filed Nov 10, 2026.
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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 10, 2026
BRCB$10.57-4.8%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
Condensed Consolidated Statements of Cash Flows
Condensed Consolidated Statements of Cash Flows (Unaudited)
| Nine Months Ended September 30, | ||
|---|---|---|
| 2026 | 2025 | |
| Cash flows from operating activities: | ||
| Net income (loss) | $7,670 | $(18,120) |
| Adjustments to reconcile net income (loss) to net cash provided by (used in) operating activities: | ||
| Depreciation and amortization | 11,644 | 8,856 |
| Forgiveness of related party note receivable | — | 5,273 |
| Loss on disposal of property and equipment | 214 | — |
| Amortization of debt issuance costs and loan fees | 178 | 1,047 |
| Accrued paid-in-kind interest | — | 133 |
| Interest income from related party | — | (88) |
| Loss on extinguishment of debt | — | 1,593 |
| Equity-based compensation | 3,581 | 868 |
| Deferred income taxes | (719) | (91) |
| TRA remeasurement loss | 739 | — |
| Non-cash operating lease costs | 8,659 | 7,092 |
| Changes in operating assets and liabilities: | ||
| Receivables, net | (159) | (530) |
| Inventories | (720) | (731) |
| Prepaid expenses and deposits | 692 | (946) |
| Other assets | (144) | (277) |
| Accounts payable | 960 | 2,475 |
| Accrued payroll and benefits | 742 | (703) |
| Deferred compensation | — | (5,778) |
| Accrued expenses | 1,023 | 126 |
| Gift card and loyalty program liability | (76) | 130 |
| Operating lease liabilities | (5,165) | (3,243) |
| Net cash provided by (used in) operating activities | 29,119 | (2,914) |
| Cash flows from investing activities: | ||
| Purchases of property and equipment | (52,179) | (22,928) |
| Purchase of intangible assets | (118) | (256) |
| Payments of initial direct costs for operating leases | (671) | — |
| Net cash used in investing activities | (52,968) | (23,184) |
| Cash flows from financing activities: | ||
| Proceeds from initial public offering, net of underwriting discounts and commissions | — | 314,559 |
| Payments of costs related to initial public offering | — | (7,484) |
| Purchase of LLC Units from Continuing Equity Owners | — | (242,807) |
| Proceeds from long-term debt | 9,651 | 71,000 |
| Payments on long-term debt | (590) | (143,747) |
| Payments of debt issuance costs and loan fees | — | (1,354) |
| Payments for redemption of outstanding Series A units | — | (3,429) |
| Unitholder contributions | — | 62,379 |
| Unitholder distributions | — | (600) |
| Net cash provided by financing activities | 9,061 | 48,517 |
| Net increase (decrease) in cash and cash equivalents | (14,788) | 22,419 |
| Cash and cash equivalents, beginning of period | 28,406 | 10,227 |
| Cash and cash equivalents, end of period | $13,618 | $32,646 |
| Nine Months Ended September 30, | ||
|---|---|---|
| 2026 | 2025 | |
| Supplemental disclosure of cash flow information: | ||
| Cash paid during the period for interest, net of capitalized interest | $1,655 | $8,959 |
| Income taxes paid, net of refunds | 300 | 240 |
| Supplemental disclosure of noncash investing and financing activities: | ||
| Deferred offering costs not yet paid | — | 563 |
| Property and equipment accrued in accounts payable and accrued expenses | 7,674 | 3,902 |
| Noncash recognition of finance obligations | 4,500 | — |
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