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 Statements of Equity (Deficit)
| (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 (Loss) | Treasury Stock | Non-controlling Interest | Total Equity (Deficit) | |
| Balance at December 31, 2023 | 1,449 | $1 | 826 | $1 | $357,474 | $(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 | 6 | — | — | — | 396 | — | — | — | — | 396 |
| Surrender of stock to settle taxes on equity awards | — | — | — | — | — | — | — | (207) | — | (207) |
| Vested equity-based compensation and re-allocation of ownership percentage | 15 | — | 1 | — | 2,608 | — | — | — | (2,608) | — |
| Balance at December 31, 2024 | 1,470 | $1 | 827 | $1 | $363,691 | $(228,814) | $(434) | $(733) | $59,645 | $193,357 |
| Net income (loss) | — | — | — | — | — | (101,321) | — | — | (44,116) | (145,437) |
| Equity-based compensation, net of income tax expense (benefit) | — | — | — | — | 2,304 | — | — | — | 715 | 3,019 |
| Conversion of Class B common stock | 153 | — | (153) | — | — | — | — | — | — | — |
| Other comprehensive income (loss) | — | — | — | — | — | — | 160 | — | — | 160 |
| Surrender of stock to settle taxes on equity awards | — | — | — | — | — | — | — | (359) | — | (359) |
| Issuance of Class A common stock in lieu of cash lender consent fee | 122 | — | — | — | 750 | — | — | — | — | 750 |
| Other | — | — | — | — | (261) | 170 | — | — | — | (91) |
| Vested equity-based compensation and re-allocation of ownership percentage | 103 | 1 | — | — | 10,847 | — | — | — | (10,846) | 2 |
| Balance at December 31, 2025 | 1,848 | $2 | 674 | $1 | $377,331 | $(329,965) | $(274) | $(1,092) | $5,398 | $51,401 |
The text of this filing, as the company filed it with the SEC, without its images or exhibits. This is not investment advice.