Solo Brands Inc

For the period ended Dec 31, 2024. Filed Mar 12, 2025.

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.

FY2024 · Filed Mar 12, 2025

SBDS$2.61-12.7%Stored close · as of Nov 10, 2026

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Contents

Consolidated Balance Sheets

(In thousands, except par value and per unit data)	December 31, 2024	December 31, 2023
ASSETS
Current assets
Cash and cash equivalents	$11,980	$19,842
Accounts receivable, net of allowance for credit losses of $1.1 million and $1.3 million for the years ended December 31, 2024 and 2023, respectively	39,440	42,725
Inventory	108,575	111,613
Prepaid expenses and other current assets	12,223	21,893
Total current assets	172,218	196,073
Non-current assets
Property and equipment, net	24,195	26,159
Intangible assets, net	189,701	221,010
Goodwill	73,119	169,648
Operating lease right-of-use assets	27,683	30,788
Other non-current assets	8,144	15,640
Total non-current assets	322,842	463,245
Total assets	$495,060	$659,318
LIABILITIES AND EQUITY
Current liabilities
Accounts payable	$69,598	$21,846
Accrued expenses and other current liabilities	41,661	55,155
Deferred revenue	1,829	5,310
Current portion of long-term debt	8,625	6,250
Total current liabilities	121,713	88,561
Non-current liabilities
Long-term debt, net	142,060	142,993
Deferred tax liability	6,795	17,319
Operating lease liabilities	22,079	24,648
Other non-current liabilities	9,056	13,534
Total non-current liabilities	179,990	198,494
Commitments and contingencies (Note 17)
Equity
Class A common stock, par value $0.001 per share; 468,767,205 shares authorized, 58,800,001 shares issued and outstanding; 468,767,205 authorized, 57,947,711 issued and outstanding	59	58
Class B common stock, par value $0.001 per share; 50,000,000 shares authorized, 33,091,989 shares issued and outstanding; 50,000,000 shares authorized, 33,047,780 issued and outstanding	33	33
Additional paid-in capital	363,601	357,385
Retained earnings (accumulated deficit)	(228,814)	(115,458)
Accumulated other comprehensive income (loss)	(434)	(230)
Treasury stock	(733)	(526)
Equity attributable to the controlling interest	133,712	241,262
Equity attributable to noncontrolling interests	59,645	131,001
Total equity	193,357	372,263
Total liabilities and equity	$495,060	$659,318

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.