Brilliant Earth Group Inc
For the period ended Dec 31, 2024. Filed Mar 13, 2025.
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FY2024 · Filed Mar 13, 2025
BRLT$1.30-4.4%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 Balance Sheets
(in thousands except share and per share amounts)
| December 31, | ||
|---|---|---|
| 2024 | 2023 | |
| Assets | ||
| Current assets: | ||
| Cash and cash equivalents | $161,925 | $155,809 |
| Restricted cash | 216 | 211 |
| Inventories, net | 38,292 | 37,788 |
| Prepaid expenses and other current assets | 10,980 | 11,048 |
| Total current assets | 211,413 | 204,856 |
| Property and equipment, net | 21,626 | 22,047 |
| Deferred tax assets | 9,636 | 9,745 |
| Operating lease right of use assets | 35,222 | 34,248 |
| Other assets | 3,348 | 2,687 |
| Total assets | $281,245 | $273,583 |
| Liabilities and stockholders' equity | ||
| Current liabilities: | ||
| Accounts payable | $15,733 | $17,197 |
| Accrued expenses and other current liabilities | 31,714 | 31,138 |
| Deferred revenue | 18,926 | 19,556 |
| Current portion of operating lease liabilities | 6,108 | 4,993 |
| Current portion of long-term debt | 5,688 | 4,063 |
| Total current liabilities | 78,169 | 76,947 |
| Long-term debt, net of debt issuance costs | 50,010 | 55,573 |
| Operating lease liabilities | 35,856 | 35,572 |
| Payable pursuant to the Tax Receivable Agreement | 7,828 | 8,035 |
| Total liabilities | 171,863 | 176,127 |
| Commitments and contingencies (Note 13) | ||
| Stockholders’ equity | ||
| Preferred stock, $0.0001 par value per share, 10,000,000 shares authorized, none issued and outstanding at December 31, 2024 and 2023, respectively | — | — |
| Class A common stock, $0.0001 par value - 1,200,000,000 shares authorized; 14,125,925 shares issued and 13,843,944 shares outstanding at December 31, 2024 and 12,522,146 shares outstanding at December 31, 2023 | 1 | 1 |
| Class B common stock, $0.0001 par value - 150,000,000 shares authorized; 35,820,912 and 35,688,349 shares issued and outstanding at December 31, 2024 and 2023, respectively | 4 | 4 |
| Class C common stock, $0.0001 par value - 150,000,000 shares authorized; 49,119,976 shares issued and outstanding at December 31, 2024 and 2023, respectively | 5 | 5 |
| Class D common stock, $0.0001 par value - 150,000,000 shares authorized; none issued and outstanding at December 31, 2024 and 2023, respectively | — | — |
| Additional paid-in capital | 11,169 | 8,275 |
| Treasury stock, at cost; 281,981 shares and none at December 31, 2024 and 2023, respectively | (638) | — |
| Retained earnings | 4,788 | 4,247 |
| Stockholders' equity attributable to Brilliant Earth Group, Inc. | 15,329 | 12,532 |
| Non-controlling interests attributable to Brilliant Earth, LLC | 94,053 | 84,924 |
| Total stockholders' equity | 109,382 | 97,456 |
| Total liabilities and stockholders' equity | $281,245 | $273,583 |
The text of this filing, as the company filed it with the SEC, without its images or exhibits. This is not investment advice.