CompoSecure Inc
For the period ended Sep 30, 2024. Filed Nov 8, 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.
Sep 30, 2024 · Filed Nov 8, 2024
GPGI$14.95-2.6%Stored close · as of Nov 10, 2026
Extracted filing text, with the paragraph anchors used by the comparison.
See the whole filing, with its images and exhibitsContents
Consolidated Statements of Stockholders’ Deficit (Unaudited)
COMPOSECURE, INC.
Consolidated Statements of Stockholder' Equity (Unaudited)
($ in thousands)
| Class A Common Stock · Class B Common Stock · Additional Paid-in · Accumulated Other Comprehensive · Accumulated · Total Stockholders' · Redeemable Non-Controlling | |||||||||||||||||
|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|
| Shares · Amount · Shares · Amount · Capital · Income · Deficit · Deficit · Interest | |||||||||||||||||
| Balance as of December 31, 2023 | 19,415,123 | $2 | 59,958,422 | $6 | $39,466 | $4,991 | $(846,825) | $(802,360) | $596,587 | ||||||||
| Distributions to non-controlling interests | — | — | — | — | — | — | (10,151) | (10,151) | — | ||||||||
| Stock-based compensation | — | — | — | — | 4,397 | — | — | 4,397 | — | ||||||||
| Proceeds from employee stock purchase plan and exercises of options | — | — | — | — | 107 | — | — | 107 | — | ||||||||
| Net income | — | — | — | — | — | — | 4,025 | 4,025 | 13,048 | ||||||||
| Class A common stock issued pursuant to equity awards, net of shares withheld for taxes, and ESPP transactions | 1,183,123 | — | — | — | — | — | — | — | — | ||||||||
| Class A common stock withheld related to net share settlement of equity awards | — | — | — | — | (3,476) | (3,476) | — | ||||||||||
| Unrealized gain on derivative - interest rate swap | — | — | — | — | — | 452 | — | 452 | — | ||||||||
| Adjustment of redeemable non-controlling interests to redemption value | — | — | — | — | — | — | 13,048 | 13,048 | (13,048) | ||||||||
| Balance as of March 31, 2024 | 20,598,246 | $2 | 59,958,422 | $6 | $40,494 | $5,443 | $(839,903) | $(793,958) | $596,587 | ||||||||
| Dividend to Class A shareholders | — | — | — | — | — | — | (8,922) | (8,922) | |||||||||
| Distributions to non-controlling interests | — | — | — | — | — | — | (16,016) | (16,016) | — | ||||||||
| Special distributions to non-controlling interests | — | — | — | — | — | — | (15,573) | (15,573) | — | ||||||||
| Stock-based compensation | — | — | — | — | 5,238 | — | — | 5,238 | — | ||||||||
| Proceeds from employee stock purchase plan and exercises of options | — | — | — | — | 114 | — | — | 114 | — | ||||||||
| Net income | — | — | — | — | — | — | 11,099 | 11,099 | 22,498 | ||||||||
| Class A common stock issued pursuant to equity awards, net of shares withheld for taxes, and ESPP transactions | 1,199,092 | — | — | — | — | — | — | — | — | ||||||||
| Class A common stock withheld related to net share settlement of equity awards | — | — | — | — | (5,006) | — | — | (5,006) | — | ||||||||
| Class A common stock issued pursuant to Class B common stock exchanges | 8,050,000 | 1 | (8,050,000) | (1) | — | — | — | — | — | ||||||||
| Unrealized loss on derivative - interest rate swap | — | — | — | — | — | (595) | — | (595) | — | ||||||||
| Tax receivable agreement liability | — | — | — | — | (4,582) | — | — | (4,582) | — | ||||||||
| Adjustment of redeemable non-controlling interests to redemption value | — | — | — | — | — | — | 102,596 | 102,596 | (102,596) | ||||||||
| Balance as of June 30, 2024 | 29,847,338 | $3 | 51,908,422 | $5 | $36,258 | $4,848 | $(766,719) | $(725,605) | $516,489 | ||||||||
| Distributions to non-controlling interests | — | — | — | — | — | — | (8,696) | (8,696) | — | ||||||||
| Stock-based compensation | — | — | — | — | 5,634 | — | — | 5,634 | — | ||||||||
COMPOSECURE, INC.
Consolidated Statements of Stockholder' Equity (Unaudited)
($ in thousands)
| Proceeds from employee stock purchase plan, warrants and exercises of options | — | — | — | — | 2,674 | — | — | 2,674 | — |
|---|---|---|---|---|---|---|---|---|---|
| Net loss | — | — | — | — | — | — | (42,060) | (42,060) | (43,414) |
| Class A common stock issued pursuant to equity awards, net of shares withheld for taxes, warrants and ESPP transactions | 921,594 | — | — | — | — | — | — | — | — |
| Class A common stock issued pursuant to Class B common stock exchanges | 51,908,422 | 5 | (51,908,422) | (5) | — | — | — | — | — |
| Unrealized loss on derivative - interest rate swap | — | — | — | — | — | (2,279) | — | (2,279) | — |
| Tax receivable agreement liability | — | — | — | — | 12,248 | — | — | 12,248 | — |
| Adjustment of redeemable non-controlling interests to redemption value | — | — | — | — | 123,542 | — | 349,533 | 473,075 | (473,075) |
| Balance as of September 30, 2024 | 82,677,354 | $8 | — | $— | $180,356 | $2,569 | $(467,942) | $(285,009) | $— |
COMPOSECURE, INC.
Consolidated Statements of Stockholder' Equity (Unaudited)
($ in thousands)
| Class A Common Stock · Class B Common Stock · Additional Paid-in · Accumulated Other Comprehensive · Accumulated · Total Stockholders' · Redeemable Non-Controlling | ||||||||||||||||||||||
|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|
| Shares · Amount · Shares · Amount · Capital · Income · Deficit · Deficit · Interest | ||||||||||||||||||||||
| Balance as of December 31, 2022 | 16,446,748 | $2 | 60,325,057 | $6 | $24,107 | $8,283 | $(924,630) | $(892,232) | $600,234 | |||||||||||||
| Distributions to non-controlling interests | — | — | — | — | — | — | (9,714) | (9,714) | — | |||||||||||||
| Stock-based compensation | — | — | — | — | 4,022 | — | — | 4,022 | — | |||||||||||||
| Net income | — | — | — | — | — | — | 2,329 | 2,329 | 8,408 | |||||||||||||
| Class A common stock issued pursuant to equity awards, net of shares withheld for taxes, and ESPP transactions | 1,564,956 | — | — | — | — | — | — | — | — | |||||||||||||
| Proceeds from employee stock purchase plan and exercises of options | — | — | — | — | 146 | — | — | 146 | — | |||||||||||||
| Class A common stock withheld related to net share settlement of equity awards | — | — | — | — | (2,409) | — | — | (2,409) | — | |||||||||||||
| Class A common stock issued pursuant to Class B common stock exchanges | 366,635 | — | (366,635) | — | — | — | — | — | ||||||||||||||
| Unrealized loss on derivative - interest rate swap | — | — | — | — | — | (1,649) | — | (1,649) | — | |||||||||||||
| Tax receivable agreement liability | — | — | — | — | (290) | — | — | (290) | — | |||||||||||||
| Adjustment of redeemable non-controlling interests to redemption value | — | — | — | — | — | — | 12,055 | 12,055 | (12,055) | |||||||||||||
| Balance as of March 31, 2023 | 18,378,339 | $2 | 59,958,422 | $6 | $25,576 | $6,634 | $(919,960) | $(887,742) | $596,587 | |||||||||||||
| Distributions to non-controlling interests | — | — | — | — | — | — | (19,294) | (19,294) | — | |||||||||||||
| Stock-based compensation | — | — | — | — | 4,393 | — | — | 4,393 | — | |||||||||||||
| Net income | — | — | — | — | — | — | 5,737 | 5,737 | 26,973 | |||||||||||||
| Class A common stock issued pursuant to equity awards, net of shares withheld for taxes, and employee stock purchase plan transactions | 313,767 | — | — | — | — | — | — | — | — | |||||||||||||
| Proceeds from employee stock purchase plan and exercises of options | — | — | — | — | 243 | — | — | 243 | — | |||||||||||||
| Class A common stock withheld related to net share settlement of equity awards | — | — | — | — | (74) | — | — | (74) | — | |||||||||||||
| Unrealized gain on derivative - interest rate swap, net of tax | — | — | — | — | — | 1,276 | — | 1,276 | — | |||||||||||||
| Tax receivable agreement liability | — | — | — | — | (1) | — | — | (1) | — | |||||||||||||
| Adjustment of redeemable non-controlling interests to redemption value | — | — | — | — | — | — | 26,973 | 26,973 | (26,973) | |||||||||||||
| Balance as of June 30, 2023 | 18,692,106 | $2 | 59,958,422 | $6 | $30,137 | $7,910 | $(906,544) | $(868,489) | $596,587 | |||||||||||||
| Distributions to non-controlling interests | — | — | — | — | — | — | (9,354) | (9,354) | — | |||||||||||||
| Stock-based compensation | — | — | — | — | 4,637 | — | — | 4,637 | — | |||||||||||||
COMPOSECURE, INC.
Consolidated Statements of Stockholder' Equity (Unaudited)
($ in thousands)
| Proceeds from employee stock purchase plan and exercises of options | — | — | — | — | 635 | — | — | 635 | — |
|---|---|---|---|---|---|---|---|---|---|
| Net income | — | — | — | — | — | — | 7,475 | 7,475 | 30,574 |
| Class A common stock issued pursuant to equity awards, net of shares withheld for taxes, and employee stock purchase plan transactions | 601,181 | — | — | — | — | — | — | — | — |
| Class A common stock withheld related to net share settlement of equity awards | — | — | — | — | (643) | — | — | (643) | — |
| Unrealized loss on derivative - interest rate swap | — | — | — | — | — | (264) | — | (264) | — |
| Tax receivable agreement liability | — | — | — | — | (1) | — | — | (1) | — |
| Adjustment of redeemable non-controlling interests to redemption value | — | — | — | — | — | — | 30,574 | 30,574 | (30,574) |
| Balance as of September 30, 2023 | 19,293,287 | $2 | 59,958,422 | $6 | $34,765 | $7,646 | $(877,849) | $(835,430) | $596,587 |
The text of this filing, as the company filed it with the SEC, without its images or exhibits. This is not investment advice.