BEYOND MEAT INC
For the period ended Sep 28, 2024. Filed Nov 7, 2024.
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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 28, 2024 · Filed Nov 7, 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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Condensed Consolidated Balance Sheets
| BEYOND MEAT, INC. AND SUBSIDIARIES | ||
|---|---|---|
| Condensed Consolidated Balance Sheets | ||
| (In thousands, except share and per share data) | ||
| (unaudited) | ||
| September 28,2024 | December 31,2023 | |
| Assets | ||
| Current assets: | ||
| Cash and cash equivalents | $121,732 | $190,505 |
| Restricted cash, current | 558 | 2,830 |
| Accounts receivable, net | 34,674 | 31,730 |
| Inventory | 125,158 | 130,336 |
| Prepaid expenses and other current assets | 13,016 | 12,904 |
| Assets held for sale | 2,275 | 4,539 |
| Total current assets | $297,413 | $372,844 |
| Restricted cash, non-current | 12,600 | 12,600 |
| Property, plant, and equipment, net | 188,115 | 194,046 |
| Operating lease right-of-use assets | 126,092 | 130,460 |
| Prepaid lease costs, non-current | 66,444 | 61,635 |
| Other non-current assets, net | 662 | 1,192 |
| Investment in unconsolidated joint venture | 1,612 | 1,673 |
| Total assets | $692,938 | $774,450 |
| Liabilities and stockholders’ deficit: | ||
| Current liabilities: | ||
| Accounts payable | $59,633 | $56,032 |
| Accrued bonus | 345 | 4,790 |
| Current portion of operating lease liabilities | 4,103 | 3,677 |
| Accrued litigation settlement costs | 7,250 | — |
| Accrued expenses and other current liabilities | 15,260 | 9,855 |
| Total current liabilities | $86,591 | $74,354 |
| Long-term liabilities: | ||
| Convertible senior notes, net | $1,140,492 | $1,137,542 |
| Operating lease liabilities, net of current portion | 74,506 | 75,648 |
| Finance lease obligations and other long-term liabilities | 3,273 | 274 |
| Total long-term liabilities | $1,218,271 | $1,213,464 |
| (continued on the next page) | ||
| BEYOND MEAT, INC. AND SUBSIDIARIES | ||
|---|---|---|
| Condensed Consolidated Balance Sheets | ||
| (In thousands, except share and per share data) | ||
| (unaudited) | ||
| September 28,2024 | December 31,2023 | |
| Commitments and Contingencies (Note 9) | ||
| 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; 65,171,128 and 64,624,140 shares issued and outstanding at September 28, 2024 and December 31, 2023, respectively | 6 | 6 |
| Additional paid-in capital | 590,282 | 573,128 |
| Accumulated deficit | (1,196,669) | (1,081,253) |
| Accumulated other comprehensive loss | (5,543) | (5,249) |
| Total stockholders’ deficit | $(611,924) | $(513,368) |
| Total liabilities and stockholders’ deficit | $692,938 | $774,450 |
The text of this filing, as the company filed it with the SEC, without its images or exhibits. This is not investment advice.