Traeger Inc

For the period ended Dec 31, 2023. Filed Mar 8, 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 8, 2024

COOK$65.35-9.6%Stored close · as of Nov 10, 2026

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

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Contents

Consolidated Balance Sheets

(in thousands, except share and per share amounts)

	December 31,
	2023	2022
ASSETS
Current Assets
Cash and cash equivalents	$29,921	$39,055
Restricted cash	—	12,500
Accounts receivable, net	59,938	42,050
Inventories	96,175	153,471
Prepaid expenses and other current assets	30,346	27,162
Total current assets	216,380	274,238
Property, plant, and equipment, net	42,591	55,510
Operating lease right-of-use assets	48,188	13,854
Goodwill	74,725	74,725
Intangible assets, net	470,546	512,858
Other long-term assets	8,329	15,530
Total assets	$860,759	$946,715
LIABILITIES AND STOCKHOLDERS' EQUITY
Current Liabilities
Accounts payable	$33,280	$29,841
Accrued expenses	52,941	52,295
Line of credit	28,400	11,709
Current portion of notes payable	250	250
Current portion of operating lease liabilities	3,608	5,185
Current portion of contingent consideration	15,000	12,157
Other current liabilities	495	1,470
Total current liabilities	133,974	112,907
Notes payable, net of current portion	397,300	468,108
Operating lease liabilities, net of current portion	29,142	9,001
Contingent consideration, net of current portion	—	10,590
Deferred tax liability	8,236	10,370
Other non-current liabilities	759	870
Total liabilities	569,411	611,846
Commitments and contingencies (see Note 14)
Stockholders' equity
Preferred stock, $0.0001 par value; 25,000,000 shares authorized and no shares issued or outstanding as of December 31, 2023 and 2022	—	—
Common stock, $0.0001 par value; 1,000,000,000 shares authorized
Issued and outstanding shares - 125,865,303 and 122,624,414 as of December 31, 2023 and 2022	13	12
Additional paid-in capital	935,272	882,069
Accumulated deficit	(654,877)	(570,475)
Accumulated other comprehensive income	10,940	23,263
Total stockholders' equity	291,348	334,869
Total liabilities and stockholders' equity	$860,759	$946,715

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.