BRC Inc
For the period ended Mar 31, 2024. Filed May 8, 2024.
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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, 2024 · Filed May 8, 2024
BRCC$10.09+4.5%Stored close · as of Nov 9, 2026
Extracted filing text, with the paragraph anchors used by the comparison.
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Consolidated Statements of Operations
(in thousands, except share and per share amounts)
| Three Months Ended March 31, | ||
|---|---|---|
| 2024 | 2023 | |
| Revenue, net | $98,392 | $83,490 |
| Cost of goods sold | 56,207 | 55,979 |
| Gross profit | 42,185 | 27,511 |
| Operating expenses | ||
| Marketing and advertising | 7,609 | 7,144 |
| Salaries, wages and benefits | 15,261 | 19,824 |
| General and administrative | 15,346 | 17,758 |
| Other operating expense, net | 14 | — |
| Total operating expenses | 38,230 | 44,726 |
| Operating income (loss) | 3,955 | (17,215) |
| Non-operating income (expenses) | ||
| Interest expense, net | (2,051) | (323) |
| Other income, net | — | 273 |
| Total non-operating expenses | (2,051) | (50) |
| Income (loss) before income taxes | 1,904 | (17,265) |
| Income tax expense | 49 | 56 |
| Net income (loss) | $1,855 | $(17,321) |
| Less: Net income (loss) attributable to non-controlling interest | 1,307 | (12,521) |
| Net income (loss) attributable to BRC Inc. | $548 | $(4,800) |
| Net income (loss) per share attributable to Class A Common Stock | ||
| Basic and diluted | $0.01 | $(0.08) |
| Weighted-average shares of Class A Common Stock outstanding | ||
| Basic | 66,312,366 | 58,159,223 |
| Diluted | 66,597,626 | 58,159,223 |
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