PLBY Group Inc
For the period ended Jun 30, 2024. Filed Aug 9, 2024.
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.
Jun 30, 2024 · Filed Aug 9, 2024
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
| Six Months EndedJune 30, | ||
|---|---|---|
| 2024 | 2023 | |
| Cash Flows From Operating Activities | ||
| Net loss | $(33,099) | $(169,495) |
| Net loss from continuing operations | $(33,099) | $(168,575) |
| Income (loss) from discontinued operations, net of tax | $— | $(920) |
| Adjustments to reconcile net loss to net cash used in operating activities: | ||
| Depreciation and amortization | 4,311 | 3,537 |
| Stock-based compensation | 3,839 | 8,370 |
| Fair value measurement of liabilities | (56) | (6,772) |
| Gain on extinguishment of debt | — | (6,133) |
| Impairments | 3,016 | 146,240 |
| Inventory reserve charges | (852) | 5,860 |
| Amortization of right-of-use assets | 4,271 | 1,676 |
| Capitalized paid-in-kind interest | 3,703 | — |
| Amortization of debt issuance costs | 2,212 | 1,183 |
| Deferred income taxes | 1,833 | (9,841) |
| Other | 509 | (90) |
| Changes in operating assets and liabilities: | ||
| Receivables, net | 1,781 | (3,062) |
| Inventories | 4,282 | 4,949 |
| Contract assets | 129 | (14,947) |
| Prepaid expenses and other assets | 921 | 2,353 |
| Accounts payable | (296) | (1,341) |
| Deferred revenues | 521 | 14,440 |
| Operating lease liabilities | (4,971) | (1,795) |
| Other | (4,834) | (2,705) |
| Net cash used in operating activities from continuing operations | (12,780) | (26,653) |
| Net cash provided by operating activities from discontinued operations | — | 30 |
| Net cash used in operating activities | (12,780) | (26,623) |
| Cash Flows From Investing Activities | ||
| Purchases of property and equipment | (1,244) | (752) |
| Proceeds from sale of artwork | 1,572 | — |
| Proceeds from sale of Yandy | — | 1,000 |
| Net cash provided by investing activities - continuing operations | 328 | 248 |
| Net cash used in investing activities - discontinued operations | — | (68) |
| Net cash provided by investing activities | 328 | 180 |
| Cash Flows From Financing Activities | ||
| Proceeds from issuance of common stock in rights offering, net | — | 47,600 |
| Proceeds from issuance of common stock in registered direct offering, net | — | 13,890 |
| Proceeds from issuance of long-term debt | — | 11,828 |
| Repayment of long-term debt | (152) | (45,476) |
| Payment of financing costs | — | (508) |
| Other | (63) | — |
| Net cash (used in) provided by financing activities - continuing operations | (215) | 27,334 |
| Effect of exchange rate changes on cash and cash equivalents | (151) | 19 |
| Net (decrease) increase in cash and cash equivalents and restricted cash | (12,818) | 910 |
| Balance, beginning of year | $31,676 | $35,449 |
| Balance, end of period | $18,858 | $36,359 |
| Cash and cash equivalents and restricted cash consist of: | ||
| Cash and cash equivalents | $16,850 | $34,404 |
| Restricted cash | 2,008 | 1,955 |
| Total | $18,858 | $36,359 |
Condensed Consolidated Statements of Cash Flows (continued)
| Six Months EndedJune 30, | ||
|---|---|---|
| 2024 | 2023 | |
| Supplemental Disclosures | ||
| Cash paid (refunded) for income taxes | $717 | $(749) |
| Cash paid for interest | $6,981 | $8,853 |
| Supplemental Disclosure of Non-Cash Activities | ||
| Right-of-use assets in exchange for lease liabilities - continuing operations | $600 | $2,400 |
| Right-of-use assets in exchange for lease liabilities - discontinued operations | $— | $885 |
| Shares issued pursuant to a license, services and collaboration agreement | $— | $236 |
The text of this filing, as the company filed it with the SEC, without its images or exhibits. This is not investment advice.