Solo Brands Inc
For the period ended Dec 31, 2024. Filed Mar 12, 2025.
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FY2024 · Filed Mar 12, 2025
SBDS$2.61-12.7%Stored close · as of Nov 10, 2026
Extracted filing text, with the paragraph anchors used by the comparison.
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Consolidated Statements of Equity
| (In thousands) · Class A Common Stock · Class B Common Stock | ||||||||||
|---|---|---|---|---|---|---|---|---|---|---|
| Shares | Amount | Shares | Amount | Additional Paid-in Capital | Retained Earnings (Accumulated Deficit) | Accumulated Other Comprehensive Income | Treasury Stock | Non-controlling Interest | Total Equity | |
| Balance at December 31, 2022 | 63,651 | $64 | 32,158 | $32 | $358,118 | $5,746 | $(499) | $(35) | $211,571 | $574,997 |
| Net income (loss) | — | — | — | — | — | (111,347) | — | — | (83,985) | (195,332) |
| Equity-based compensation, net of income tax expense (benefit) | — | — | — | — | 10,272 | — | — | — | 3,834 | 14,106 |
| Equity-based compensation for non-employees | — | — | — | — | 333 | — | — | — | — | 333 |
| Other comprehensive income (loss) | — | — | — | — | — | — | 58 | — | 210 | 268 |
| Tax distributions to non-controlling interests | — | — | — | — | — | — | — | — | (10,511) | (10,511) |
| Employee stock purchase plan | 54 | — | — | — | 247 | — | — | — | — | 247 |
| Common stock repurchase | (7,301) | — | — | — | (1,635) | 20,852 | — | (36,692) | — | (17,475) |
| Re-issuance of treasury stock | 1,068 | — | — | — | 545 | — | — | 5,342 | — | 5,887 |
| Treasury stock retirement | — | (6) | — | — | — | (31,158) | — | 31,164 | — | — |
| Surrender of stock to settle taxes on equity awards | — | — | — | — | — | — | — | (305) | — | (305) |
| Exercise of options for Class A common stock | 8 | — | — | — | 39 | — | — | — | — | 39 |
| Vested equity-based compensation and re-allocation of ownership percentage | 468 | — | 890 | 1 | (10,534) | 449 | 211 | — | 9,882 | 9 |
| Balance at December 31, 2023 | 57,948 | $58 | 33,048 | $33 | $357,385 | $(115,458) | $(230) | $(526) | $131,001 | $372,263 |
| Net income (loss) | — | — | — | — | — | (113,356) | — | — | (66,836) | (180,192) |
| Equity-based compensation, net of income tax expense (benefit) | — | — | — | — | 3,213 | — | — | — | 2,372 | 5,585 |
| Other comprehensive income (loss) | — | — | — | — | — | — | (204) | — | — | (204) |
| Tax distributions to non-controlling interests | — | — | — | — | — | — | — | — | (4,284) | (4,284) |
| Employee stock purchase plan | 239 | — | — | — | 396 | — | — | — | — | 396 |
| Surrender of stock to settle taxes on equity awards | — | — | — | — | — | — | — | (207) | — | (207) |
| Vested equity-based compensation and re-allocation of ownership percentage | 613 | 1 | 44 | — | 2,607 | — | — | — | (2,608) | — |
| Balance at December 31, 2024 | 58,800 | $59 | 33,092 | $33 | $363,601 | $(228,814) | $(434) | $(733) | $59,645 | $193,357 |
The text of this filing, as the company filed it with the SEC, without its images or exhibits. This is not investment advice.