Solo Brands, Inc.
For the period ended Mar 31, 2026. Filed May 14, 2026.
View on SEC.govAbout this filing
A company's report for each of its first three quarters. The financial statements are not audited. It shows how the business has moved since the last annual report, and what management says changed.
Mar 31, 2026 · Filed May 14, 2026
SBDS$2.61-12.7%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 Statements of Cash Flows (Unaudited)
Consolidated Statements of Cash Flows
| Three Months Ended March 31, | ||
|---|---|---|
| (In thousands) | 2026 | 2025 |
| CASH FLOWS FROM OPERATING ACTIVITIES: | ||
| Net income (loss) | $(5,466) | $(18,577) |
| Adjustments to reconcile net income (loss) to net cash and cash equivalents (used in) provided by operating activities | ||
| Depreciation and amortization | 5,234 | 7,136 |
| Interest expense payable in kind | 5,804 | — |
| Noncash operating lease expense | 1,636 | 1,985 |
| Amortization of debt issuance costs | 1,470 | 215 |
| Equity-based compensation, net | 617 | 55 |
| Restructuring, contract termination and impairment charges | — | 564 |
| Other | 103 | 160 |
| Change in fair value of contingent consideration | — | (70) |
| Deferred income taxes | (5,275) | (1,371) |
| Changes in assets and liabilities | ||
| Accounts receivable | (9,068) | (13,953) |
| Inventory | (1,366) | 5,605 |
| Prepaid expenses and other current assets | (992) | 1,711 |
| Accounts payable | (5,536) | (46,602) |
| Accrued expenses and other current liabilities | (2,113) | (7,094) |
| Deferred revenue | 116 | (287) |
| Operating lease liabilities | (1,347) | (1,438) |
| Other non-current assets and liabilities | 113 | (3,227) |
| Net cash provided by (used in) operating activities | (16,070) | (75,188) |
| CASH FLOWS FROM INVESTING ACTIVITIES: | ||
| Capital expenditures | (2,308) | (3,207) |
| Net cash provided by (used in) investing activities | (2,308) | (3,207) |
| CASH FLOWS FROM FINANCING ACTIVITIES: | ||
| Proceeds from revolving credit facilities and term loans | 15,000 | 277,322 |
| Repayments of revolving credit facilities and term loans | — | (500) |
| Debt issuance costs paid | — | (3,798) |
| Surrender of stock to settle taxes on restricted stock awards | (100) | (213) |
| Net cash provided by (used in) financing activities | 14,900 | 272,811 |
| Effect of exchange rate changes on cash | (100) | (2) |
| Net change in cash and cash equivalents | (3,578) | 194,414 |
| Cash and cash equivalents balance, beginning of period | 20,034 | 11,980 |
| Cash and cash equivalents balance, end of period | $16,456 | $206,394 |
The text of this filing, as the company filed it with the SEC, without its images or exhibits. This is not investment advice.