Funko Inc

For the period ended Dec 31, 2023. Filed Mar 7, 2024.

About 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.

FY2023 · Filed Mar 7, 2024

FNKO$7.13+6.0%Stored close · as of Nov 9, 2026

Extracted filing text, with the paragraph anchors used by the comparison.

See the whole filing, with its images and exhibits

Contents

Consolidated Balance Sheets

	December 31,
	2023	2022
(in thousands, except per share data)
Assets
Current assets:
Cash and cash equivalents	$36,453	$19,200
Accounts receivable, net	130,831	167,895
Inventory, net	119,458	246,429
Prepaid expenses and other current assets	56,134	39,648
Total current assets	342,876	473,172
Property and equipment, net	91,335	102,232
Operating lease right-of-use assets	61,499	71,072
Goodwill	133,795	131,380
Intangible assets, net	167,388	181,284
Deferred tax asset, net of valuation allowance	—	123,893
Other assets	7,752	8,112
Total assets	$804,645	$1,091,145
Liabilities and Stockholders' Equity
Current liabilities:
Line of credit	$120,500	$70,000
Current portion long-term debt, net of unamortized discount	22,072	22,041
Current portion of operating lease liabilities	17,486	18,904
Accounts payable	52,919	67,651
Income taxes payable	986	871
Accrued royalties	54,375	69,098
Accrued expenses and other current liabilities	90,494	112,832
Total current liabilities	358,832	361,397
Long-term debt, net of unamortized discount	130,986	153,778
Operating lease liabilities, net of current portion	71,309	82,356
Deferred tax liability	402	382
Liabilities under tax receivable agreement, net of current portion	—	99,620
Other long-term liabilities	5,076	3,923
Commitments and contingencies (Note 14)
Stockholders' equity:
Class A common stock, par value $0.0001 per share, 200,000 shares authorized; 50,549 shares and 47,192 shares issued and outstanding as of December 31, 2023 and 2022, respectively	5	5
Class B common stock, par value $0.0001 per share, 50,000 shares authorized; 2,277 shares and 3,293 shares issued and outstanding as of December 31, 2023 and 2022, respectively	—	—
Additional paid-in-capital	326,180	310,807
Accumulated other comprehensive loss	(180)	(2,603)
(Accumulated deficit) retained earnings	(94,064)	60,015
Total stockholders' equity attributable to Funko, Inc.	231,941	368,224
Non-controlling interests	6,099	21,465
Total stockholders' equity	238,040	389,689
Total liabilities and stockholders' equity	$804,645	$1,091,145

ContentsView on SEC.gov

The text of this filing, as the company filed it with the SEC, without its images or exhibits. This is not investment advice.