AKA BRANDS HOLDING CORP
For the period ended Sep 30, 2024. Filed Nov 7, 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 7, 2024
AKA$9.01-7.1%Stored close · as of Nov 10, 2026
Extracted filing text, with the paragraph anchors used by the comparison.
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Condensed Consolidated Balance Sheets
(in thousands, except share amounts)
| September 30,2024 | December 31,2023 | |
|---|---|---|
| Assets | ||
| Current assets: | ||
| Cash and cash equivalents | $23,077 | $21,859 |
| Accounts receivable, net | 6,690 | 4,796 |
| Inventory | 106,030 | 91,024 |
| Prepaid income taxes | 1,369 | — |
| Prepaid expenses and other current assets | 19,111 | 18,016 |
| Total current assets | 156,277 | 135,695 |
| Property and equipment, net | 29,382 | 27,154 |
| Operating lease right-of-use assets | 62,332 | 37,465 |
| Intangible assets, net | 56,130 | 64,322 |
| Goodwill | 96,012 | 94,898 |
| Deferred tax assets | 1,539 | 1,569 |
| Other assets | 2,429 | 618 |
| Total assets | $404,101 | $361,721 |
| Liabilities and stockholders’ equity | ||
| Current liabilities: | ||
| Accounts payable | $30,598 | $28,279 |
| Accrued liabilities | 33,198 | 25,223 |
| Sales returns reserve | 8,331 | 9,610 |
| Deferred revenue | 12,880 | 11,782 |
| Income taxes payable | — | 257 |
| Operating lease liabilities, current | 7,523 | 7,510 |
| Current portion of long-term debt | 6,300 | 3,300 |
| Total current liabilities | 98,830 | 85,961 |
| Long-term debt | 105,610 | 90,094 |
| Operating lease liabilities | 60,931 | 35,344 |
| Other long-term liabilities | 1,798 | 1,704 |
| Total liabilities | 267,169 | 213,103 |
| Commitments and contingencies (Note 15) | ||
| Stockholders’ equity: | ||
| Preferred stock, $0.001 par value; 50,000,000 shares authorized; zero shares issued or outstanding as of each of September 30, 2024 and December 31, 2023 | — | — |
| Common stock, $0.001 par value; 500,000,000 shares authorized; 10,631,326 and 10,567,881 shares issued and outstanding as of September 30, 2024 and December 31, 2023, respectively | 128 | 128 |
| Additional paid-in capital | 470,194 | 466,172 |
| Accumulated other comprehensive loss | (49,344) | (50,269) |
| Accumulated deficit | (284,046) | (267,413) |
| Total stockholders’ equity | 136,932 | 148,618 |
| Total liabilities and stockholders’ equity | $404,101 | $361,721 |
The text of this filing, as the company filed it with the SEC, without its images or exhibits. This is not investment advice.