BEYOND MEAT INC
For the period ended Dec 31, 2023. Filed Mar 1, 2024.
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FY2023 · Filed Mar 1, 2024
BYND$6.10+1.2%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
(In thousands, except share and per share data)
| December 31, | ||
|---|---|---|
| 2023 | 2022 | |
| Assets | ||
| Current assets: | ||
| Cash and cash equivalents | $190,505 | $309,922 |
| Restricted cash, current | 2,830 | — |
| Accounts receivable, net | 31,730 | 34,198 |
| Inventory | 130,336 | 235,696 |
| Prepaid expenses and other current assets | 12,904 | 20,700 |
| Assets held for sale | 4,539 | 5,943 |
| Total current assets | 372,844 | 606,459 |
| Restricted cash, non-current | 12,600 | 12,627 |
| Property, plant, and equipment, net | 194,046 | 257,002 |
| Operating lease right-of-use assets | 130,460 | 87,595 |
| Prepaid lease costs, non-current | 61,635 | 85,472 |
| Other non-current assets, net | 1,192 | 10,744 |
| Investment in unconsolidated joint venture | 1,673 | 2,325 |
| Total assets | $774,450 | $1,062,224 |
| Liabilities and stockholders’ (deficit) equity: | ||
| Current liabilities: | ||
| Accounts payable | $56,032 | $55,300 |
| Accrued bonus | 4,790 | — |
| Current portion of operating lease liabilities | 3,677 | 3,812 |
| Accrued expenses and other current liabilities | 9,855 | 16,729 |
| Total current liabilities | $74,354 | $75,841 |
| Long-term liabilities: | ||
| Convertible senior notes, net | $1,137,542 | $1,133,608 |
| Operating lease liabilities, net of current portion | 75,648 | 55,854 |
| Finance lease obligations and other long term liabilities | 274 | 469 |
| Total long-term liabilities | $1,213,464 | $1,189,931 |
| Commitments and contingencies (Note 10) | ||
| Stockholders’ deficit: | ||
| Preferred stock, par value $0.0001 per share—500,000 shares authorized, none issued and outstanding | $— | $— |
| Common stock, par value $0.0001 per share—500,000,000 shares authorized at December 31, 2023 and 2022; 64,624,140 and 63,773,982 shares issued and outstanding at December 31, 2023 and 2022, respectively | 6 | 6 |
| Additional paid-in capital | 573,128 | 544,357 |
| Accumulated deficit | (1,081,253) | (743,109) |
| Accumulated other comprehensive loss | (5,249) | (4,802) |
| Total stockholders’ deficit | $(513,368) | $(203,548) |
| Total liabilities and stockholders’ deficit | $774,450 | $1,062,224 |
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