Solo Brands, Inc.
For the period ended Dec 31, 2025. Filed Mar 23, 2026.
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FY2025 · Filed Mar 23, 2026
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 Balance Sheets
| (In thousands, except number of shares and par value) | December 31, 2025 | December 31, 2024 |
|---|---|---|
| ASSETS | ||
| Current assets | ||
| Cash and cash equivalents | $20,034 | $11,980 |
| Accounts receivable, net of allowance for credit losses of $1.1 million as of December 31, 2025 and 2024 | 29,764 | 39,440 |
| Inventory | 81,648 | 108,575 |
| Prepaid expenses and other current assets | 8,767 | 12,223 |
| Total current assets | 140,213 | 172,218 |
| Non-current assets | ||
| Property and equipment, net | 13,197 | 24,195 |
| Intangible assets, net | 100,038 | 189,701 |
| Goodwill | 73,119 | 73,119 |
| Operating lease right-of-use assets | 17,901 | 27,683 |
| Other non-current assets | 15,874 | 8,144 |
| Total non-current assets | 220,129 | 322,842 |
| Total assets | $360,342 | $495,060 |
| LIABILITIES AND EQUITY | ||
| Current liabilities | ||
| Accounts payable | $13,073 | $69,598 |
| Accrued expenses and other current liabilities | 30,843 | 41,661 |
| Deferred revenue | 1,649 | 1,829 |
| Current portion of long-term debt | 1,800 | 8,625 |
| Total current liabilities | 47,365 | 121,713 |
| Non-current liabilities | ||
| Long-term debt, net | 240,272 | 142,060 |
| Deferred tax liability | 6,739 | 6,795 |
| Operating lease liabilities | 13,888 | 22,079 |
| Other non-current liabilities | 677 | 9,056 |
| Total non-current liabilities | 261,576 | 179,990 |
| Commitments and contingencies (Note 18) | ||
| Equity | ||
| Class A common stock, par value $0.001 per share; 475,000,000 shares authorized; 1,847,618 and 1,470,000 shares issued and outstanding as of December 31, 2025 and 2024, respectively | 2 | 1 |
| Class B common stock, par value $0.001 per share; 50,000,000 shares authorized; 674,319 and 827,326 shares issued and outstanding as of December 31, 2025 and 2024, respectively | 1 | 1 |
| Additional paid-in capital | 377,331 | 363,691 |
| Retained earnings (accumulated deficit) | (329,965) | (228,814) |
| Accumulated other comprehensive income (loss) | (274) | (434) |
| Treasury stock, 32,836 and 4,138 shares owned as December 31, 2025 and 2024, respectively | (1,092) | (733) |
| Equity attributable to Solo Brands, Inc. | 46,003 | 133,712 |
| Equity attributable to noncontrolling interests | 5,398 | 59,645 |
| Total equity | 51,401 | 193,357 |
| Total liabilities and equity | $360,342 | $495,060 |
The text of this filing, as the company filed it with the SEC, without its images or exhibits. This is not investment advice.