BRC Inc
For the period ended Jun 30, 2024. Filed Aug 7, 2024.
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.
Jun 30, 2024 · Filed Aug 7, 2024
BRCC$10.09+4.5%Stored close · as of Nov 9, 2026
Extracted filing text, with the paragraph anchors used by the comparison.
See the whole filing, with its images and exhibitsContents
Consolidated Statements of Operations
(in thousands, except share and per share amounts)
| Three Months Ended June 30, | Six Months Ended June 30, | |||
|---|---|---|---|---|
| 2024 | 2023 | 2024 | 2023 | |
| Revenue, net | $89,017 | $91,947 | $187,409 | $175,437 |
| Cost of goods sold | 51,758 | 59,741 | 107,966 | 115,720 |
| Gross profit | 37,259 | 32,206 | 79,443 | 59,717 |
| Operating expenses | ||||
| Marketing and advertising | 7,411 | 7,013 | 15,020 | 14,157 |
| Salaries, wages and benefits | 17,610 | 18,356 | 32,871 | 38,180 |
| General and administrative | 10,949 | 19,296 | 26,294 | 37,054 |
| Other operating expense, net | 311 | 1,202 | 324 | 1,202 |
| Total operating expenses | 36,281 | 45,867 | 74,509 | 90,593 |
| Operating income (loss) | 978 | (13,661) | 4,934 | (30,876) |
| Non-operating income (expenses) | ||||
| Interest expense, net | (2,301) | (791) | (4,352) | (1,114) |
| Other income (expense), net | — | (156) | — | 117 |
| Total non-operating expenses | (2,301) | (947) | (4,352) | (997) |
| Income (loss) before income taxes | (1,323) | (14,608) | 582 | (31,873) |
| Income tax expense | 51 | 57 | 100 | 113 |
| Net income (loss) | $(1,374) | $(14,665) | $482 | $(31,986) |
| Less: Net income (loss) attributable to non-controlling interest | (892) | (10,437) | 415 | (22,958) |
| Net income (loss) attributable to BRC Inc. | $(482) | $(4,228) | $67 | $(9,028) |
| Net income (loss) per share attributable to Class A Common Stock | ||||
| Basic and diluted | $(0.01) | $(0.07) | $— | $(0.15) |
| Weighted-average shares of Class A Common Stock outstanding | ||||
| Basic | 68,209,081 | 58,741,717 | 67,260,724 | 58,607,290 |
| Diluted | 68,209,081 | 58,741,717 | 68,333,260 | 58,607,290 |
The text of this filing, as the company filed it with the SEC, without its images or exhibits. This is not investment advice.