PLBY Group Inc
For the period ended Sep 30, 2024. Filed Nov 12, 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 30, 2024 · Filed Nov 12, 2024
PLBY$1.27+4.1%Stored close · as of Nov 10, 2026
Extracted filing text, with the paragraph anchors used by the comparison.
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Condensed Consolidated Statements of Cash Flows
| Nine Months EndedSeptember 30, | ||
|---|---|---|
| 2024 | 2023 | |
| Cash Flows From Operating Activities | ||
| Net loss | $(66,854) | $(176,660) |
| Net loss from continuing operations | $(65,000) | $(98,398) |
| Loss from discontinued operations, net of tax | $(1,854) | $(78,262) |
| Adjustments to reconcile net loss to net cash used in operating activities: | ||
| Depreciation and amortization | 3,182 | 2,585 |
| Stock-based compensation | 5,341 | 8,910 |
| Fair value measurement of liabilities | (61) | (6,991) |
| Gain on extinguishment of debt | — | (6,133) |
| Impairments | 24,722 | 74,018 |
| Inventory reserve charges | — | 3,386 |
| Amortization of right-of-use assets | 2,030 | 1,887 |
| Capitalized paid-in-kind interest | 6,284 | — |
| Amortization of debt issuance costs | 3,534 | 2,633 |
| Deferred income taxes | 2,539 | (8,510) |
| Other | 458 | 880 |
| Changes in operating assets and liabilities: | ||
| Receivables, net | 2,794 | 7,731 |
| Inventories | 1,028 | 1,008 |
| Contract assets | 476 | (83) |
| Prepaid expenses and other assets | 1,775 | (36) |
| Accounts payable | (439) | 1,244 |
| Accrued agency fees and commissions | (116) | (6,601) |
| Other liabilities and accrued expenses | (5,798) | 2,988 |
| Deferred revenues | (485) | (12,973) |
| Operating lease liabilities | (2,533) | (2,144) |
| Other liabilities, net | 381 | 977 |
| Net cash used in operating activities from continuing operations | (19,888) | (33,622) |
| Net cash provided by (used in) operating activities from discontinued operations | 430 | (7,747) |
| Net cash used in operating activities | (19,458) | (41,369) |
| Cash Flows From Investing Activities | ||
| Purchases of property and equipment | (1,200) | (1,437) |
| Proceeds from sale of artwork | 1,572 | — |
| Proceeds from promissory note repayment | — | 1,300 |
| Proceeds from sale of Yandy | — | 1,000 |
| Net cash provided by investing activities from continuing operations | 372 | 863 |
| Net cash used in investing activities from discontinued operations | (500) | (97) |
| Net cash used in investing activities | (128) | 766 |
| 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 | (228) | (45,552) |
| Payment of financing costs | — | (508) |
| Other | (329) | — |
| Net cash (used in) provided by financing activities from continuing operations | (557) | 27,258 |
| Effect of exchange rate changes on cash and cash equivalents - continuing operations | 189 | (136) |
| Net decrease in cash and cash equivalents and restricted cash | (19,954) | (13,481) |
| Balance, beginning of year | $31,152 | $35,449 |
| Balance, end of period | $11,198 | $21,968 |
| Cash and cash equivalents and restricted cash consist of: | ||
| Cash and cash equivalents | $9,540 | $20,028 |
| Restricted cash | 1,658 | 1,940 |
| Total | $11,198 | $21,968 |
Condensed Consolidated Statements of Cash Flows (continued)
| Nine Months EndedSeptember 30, | ||
|---|---|---|
| 2024 | 2023 | |
| Supplemental Disclosures | ||
| Cash paid for income taxes | $1,568 | $519 |
| Cash paid for interest | $11,794 | $13,981 |
| Supplemental Disclosure of Non-Cash Activities | ||
| Right-of-use assets in exchange for lease liabilities - continuing operations | $— | $— |
| Right-of-use assets in exchange for lease liabilities - discontinued operations | $2,118 | $5,352 |
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