Traeger Inc
For the period ended Mar 31, 2024. Filed May 9, 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.
Mar 31, 2024 · Filed May 9, 2024
COOK$65.35-9.6%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
Condensed Consolidated Balance Sheets
(in thousands, except share and per share amounts)
| March 31,2024 | December 31,2023 | |
|---|---|---|
| (unaudited) | ||
| ASSETS | ||
| Current Assets | ||
| Cash and cash equivalents | $23,620 | $29,921 |
| Accounts receivable, net | 79,049 | 59,938 |
| Inventories | 99,902 | 96,175 |
| Prepaid expenses and other current assets | 27,971 | 30,346 |
| Total current assets | 230,542 | 216,380 |
| Property, plant, and equipment, net | 40,725 | 42,591 |
| Operating lease right-of-use assets | 46,985 | 48,188 |
| Goodwill | 74,725 | 74,725 |
| Intangible assets, net | 460,069 | 470,546 |
| Other non-current assets | 9,040 | 8,329 |
| Total assets | $862,086 | $860,759 |
| LIABILITIES AND STOCKHOLDERS’ EQUITY | ||
| Current Liabilities | ||
| Accounts payable | $25,890 | $33,280 |
| Accrued expenses | 46,144 | 52,941 |
| Line of credit | 40,635 | 28,400 |
| Current portion of notes payable | 250 | 250 |
| Current portion of operating lease liabilities | 3,594 | 3,608 |
| Current portion of contingent consideration | 15,000 | 15,000 |
| Other current liabilities | 998 | 495 |
| Total current liabilities | 132,511 | 133,974 |
| Notes payable, net of current portion | 397,586 | 397,300 |
| Operating lease liabilities, net of current portion | 28,472 | 29,142 |
| Deferred tax liability | 8,244 | 8,236 |
| Other non-current liabilities | 648 | 759 |
| Total liabilities | 567,461 | 569,411 |
| Stockholders' equity: | ||
| Preferred stock, $0.0001 par value; 25,000,000 shares authorized and no shares issued or outstanding as of March 31, 2024 and December 31, 2023 | — | — |
| Common stock, $0.0001 par value; 1,000,000,000 shares authorized | ||
| Issued and outstanding shares - 127,946,998 and 125,865,303 as of March 31, 2024 and December 31, 2023 | 13 | 13 |
| Additional paid-in capital | 945,370 | 935,272 |
| Accumulated deficit | (659,560) | (654,877) |
| Accumulated other comprehensive income | 8,802 | 10,940 |
| Total stockholders' equity | 294,625 | 291,348 |
| Total liabilities and stockholders' equity | $862,086 | $860,759 |
The text of this filing, as the company filed it with the SEC, without its images or exhibits. This is not investment advice.