Arhaus Inc
For the period ended Dec 31, 2024. Filed Feb 26, 2025.
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FY2024 · Filed Feb 26, 2025
ARHS$15.02+5.8%Stored close · as of Nov 9, 2026
Extracted filing text, with the paragraph anchors used by the comparison.
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Consolidated Balance Sheets
(In thousands, except share and per share data)
| December 31, | ||
|---|---|---|
| 2024 | 2023 | |
| Assets | ||
| Current assets | ||
| Cash and cash equivalents | $197,511 | $223,098 |
| Restricted cash | 3,418 | 3,207 |
| Accounts receivable, net | 1,252 | 2,394 |
| Merchandise inventory, net | 297,010 | 254,292 |
| Prepaid and other current assets | 31,852 | 26,304 |
| Total current assets | 531,043 | 509,295 |
| Operating right-of-use assets | 322,302 | 302,157 |
| Financing right-of-use assets | 36,105 | 38,835 |
| Property, furniture and equipment, net | 282,520 | 220,248 |
| Deferred tax assets | 21,091 | 19,127 |
| Goodwill | 10,961 | 10,961 |
| Other noncurrent assets | 2,294 | 4,525 |
| Total assets | $1,206,316 | $1,105,148 |
| Liabilities and Stockholders’ Equity | ||
| Current liabilities | ||
| Accounts payable | $68,621 | $63,699 |
| Accrued taxes | 10,480 | 9,638 |
| Accrued wages | 11,538 | 15,185 |
| Accrued other expenses | 47,668 | 46,062 |
| Client deposits | 220,873 | 173,808 |
| Current portion of operating lease liabilities | 42,247 | 33,051 |
| Current portion of financing lease liabilities | 1,024 | 904 |
| Total current liabilities | 402,451 | 342,347 |
| Operating lease liabilities, long-term | 402,916 | 362,598 |
| Financing lease liabilities, long-term | 53,312 | 53,870 |
| Deferred rent and lease incentives | — | 1,952 |
| Other long-term liabilities | 3,892 | 4,143 |
| Total liabilities | $862,571 | $764,910 |
| Commitments and contingencies (Note 11) | ||
| Stockholders’ equity | ||
| Class A shares, par value $0.001 per share (600,000,000 shares authorized, 53,788,036 shares issued and 53,514,062 outstanding as of December 31, 2024; 53,254,088 shares issued and 53,169,711 shares outstanding as of December 31, 2023) | $53 | $52 |
| Class B shares, par value $0.001 per share (100,000,000 shares authorized, 87,115,600 shares issued and outstanding as of December 31, 2024; 87,115,600 shares issued and outstanding as of December 31, 2023 ) | 87 | 87 |
| Retained earnings | 142,898 | 145,292 |
| Additional paid-in capital | 200,707 | 194,807 |
| Total stockholders’ equity | 343,745 | 340,238 |
| Total liabilities and stockholders’ equity | $1,206,316 | $1,105,148 |
The text of this filing, as the company filed it with the SEC, without its images or exhibits. This is not investment advice.